Tag: Oil

A California town has agreed to pay a Black couple $150,000 and implement reforms to settle claims police officers racially profiled them in their own store in 2020.Yema Khalif and his wife were setting up new inventory in their clothing store bearing his name in August 2020 when Tiburon Police officers demanded that Khalif put…

© Reuters. Traders Add Hedges for 75-Basis-Point Fed Rate Hikes, Roiling Bonds (Bloomberg) — The dust appeared to have settled on a rocky day for U.S. interest-rate markets — even by recent standards — when the options market lit up late Thursday with a couple of trades anticipating the Federal Reserve will make multiple 75-basis-point…

House Minority Leader Kevin McCarthy’s latest denial fell apart in record time.McCarthy on Thursday denied a New York Times report that said he told other lawmakers he would call on then-President Donald Trump to resign in the days after the Jan. 6, 2021, attack on the U.S. Capitol, which had been carried out by his…

© Reuters. FILE PHOTO: A lorry driver passes a sign on the side of his vehicle advertising for jobs as he makes a delivery, in London, Britain, October 13, 2021. REUTERS/Toby Melville LONDON (Reuters) – British employers are offering annual pay settlements worth an average increase of 2.8% to staff, well below the rate of…

© Reuters. FILE PHOTO: Ears of wheat are seen in a field near the village of Hrebeni in Kyiv region, Ukraine July 17, 2020. REUTERS/Valentyn Ogirenko//File Photo (Reuters) – Ukraine’s gross domestic product (GDP) may fall between 30% and 50% this year, Finance Minister Serhiy Marchenko said in televised comments on Saturday. (Reporting in Kyiv…

North Korea has finished construction of an 80-story residential skyscraper complete with penthouses in the capital of Pyongyang, but only some of the least fortunate in the country reportedly choose to live on the top floors of the country’s high-rise apartments. Defectors have said that many North Koreans take issue with the higher floors of…

© Reuters. Logos of ExxonMobil are seen in its booth at Gastech, the world’s biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai/Files LONDON (Reuters) – Three firms involved in Britain’s oil sector, including ExxonMobil (NYSE:XOM), have secured injunctions to stop protests by climate change activists which have caused widespread…

© Reuters. FILE PHOTO: 20 Euro banknotes are displayed is this picture illustration taken November 14, 2017. REUTERS/Benoit Tessier/Illustration By Jamie McGeever ORLANDO, Fla. (Reuters) – The euro’s share of world currency reserves has been depressed for years as negative euro zone interest rates and bond yields have spurred huge bond outflows. But these dynamics…

© Reuters. FILE PHOTO: A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration (Reuters) -Australia’s Lynas Rare Earths on Tuesday posted a record quarterly revenue as demand for the specialized metals it mines surged amid a global push…

© Reuters. FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda attends a news conference in Tokyo, Japan, January 21, 2020. REUTERS/Kim Kyung-Hoon/File Photo By Leika Kihara TOKYO (Reuters) – The Bank of Japan on Monday cut its assessment for most regional economies in the country and its governor warned of “very high uncertainty” over the…