By Michelle Nichols (Reuters) – Restricting abortion access does not stop people seeking the procedure “it only makes it more deadly,” a spokesman for U.N. Secretary-General Antonio Guterres said on Friday after the U.S. Supreme Court overturned a 1973…
Ecuador opposition lawmakers begin efforts to remove Lasso, protests rage on
By Alexandra Valencia QUITO (Reuters) – A group of opposition lawmakers in Ecuador are pushing for the removal of conservative President Guillermo Lasso after nearly two weeks of mass protests led by indigenous groups demanding lower fuel and food pric…
French Foreign Minister: U.S. Supreme Court’s abortion ruling is major setback for human rights
PARIS (Reuters) – French Foreign Affairs Minister Catherine Colonna said on Friday that the U.S. Supreme Court’s decision to overturn the landmark 1973 Roe v. Wade ruling on abortion marked a major setback in terms of human rights. “Consternation: the …
Global M&A braces for dry spell as boardrooms put expansion on hold
By Pamela Barbaglia and Anirban Sen LONDON/NEW YORK (Reuters) -Global dealmaking is entering an arid season as raging inflation and a stock market rout curb the appetite of many corporate boards to expand through acquisitions. Russia’s invasion of Ukra…
Copper heads for worst weekly loss in a year, nickel and tin plunge
LONDON (Reuters) – Copper prices were on Friday set for their biggest weekly fall in a year, down around 6.5%, as investors worried that efforts by central banks to stem inflation will stifle global economic growth and reduce demand for metals. Other i…
Oil rises over 2%, but still set for weekly drop on recession fears
By Laura Sanicola (Reuters) -Oil rose by more than 2% on Friday supported by tight supply, although crude was heading for a second weekly fall on concern that rising interest rates could push the world economy into recession. Brent crude was up $2.78, …
Stocks rally, copper extends fall as investors assess recession risk
By Caroline Valetkevitch NEW YORK (Reuters) – Stocks on global markets jumped on Friday, with Wall Street up more than 2% and the MSCI global index set for a weekly gain after three straight weeks of declines, as sliding commodity prices eased worries …
Defensive stocks lead rebound in FTSE 100
By Boleslaw Lasocki (Reuters) -UK’s FTSE 100 rose on Friday, lifted by defensive stocks at the end of a choppy week that saw investor anxiety over hawkish central banks, weak economic readings and heightened risks of a global recession. The blue-chip i…
Crises keep demand for cash high, banknote machine company says
By Cecile Mantovani LAUSANNE (Reuters) – There’s still a lot of life left in the traditional bank note, printing company Koenig & Bauer Banknote Solutions said, with coronavirus and the war in Ukraine driving up demand for paper money despite competiti…
UK’s Johnson unconcerned about plotting after election losses
KIGALI (Reuters) – British Prime Minister Boris Johnson denied he was worried that some of his ministers might seek to move against him while he was out of the country at summits in Rwanda and Germany, following election losses overnight. “I hope that …