By David Randall NEW YORK (Reuters) – Growing worries about a potential recession in the United States are tempting some investors back into the Treasury market, despite bruising declines in U.S. government bonds throughout the first half of 2022. Surg…
IMF chief Georgieva: Creditors of Common Framework countries to meet in July
WASHINGTON (Reuters) – Official creditors of Zambia, Chad and Ethiopia are set to meet in July, according to International Monetary Fund (IMF) chief Kristalina Georgieva, in a bid to promote efforts to overhaul their debt burdens. The three African nat…
Oscar-nominated ‘Godfather’ actor James Caan dies at 82
By Lisa Richwine LOS ANGELES (Reuters) -American actor James Caan, who starred as gangster Sonny Corleone in epic mafia film “The Godfather,” has died at age 82, his family said in a statement on Thursday. The statement, posted on Caan’s official Twitt…
New UK PM to be chosen by early September – FT
(Reuters) – The British Conservative party intends to choose a new UK prime minister by early September, the Financial Times reported on Thursday, citing MPs with knowledge of the plans. (Reporting by Baranjot Kaur in Bengaluru; editing by Jonathan Oatis)
UK’s Johnson to continue as a member of parliament after resigning as PM -aide
LONDON (Reuters) – Britain’s Boris Johnson plans to continue as a member of parliament when he steps down as prime minister, one of his close aides said on Thursday. Johnson announced earlier on Thursday he would quit as prime minister, but stay in the…
Oil settles up nearly $4 as tight supply outweighs recession fears
By Laura Sanicola (Reuters) – Oil prices settled sharply higher on Thursday, rebounding from steep losses the previous two sessions, as investors returned their focus to tight supply despite nagging fears of a potential global recession. Brent crude fu…
Bayer, BASF win new trial on $60 million damage award in weedkiller lawsuit
By Brendan Pierson (Reuters) – Bayer AG and BASF have won a new trial on $60 million in punitive damages they were ordered to pay a Missouri peach farmer who said dicamba, a herbicide they produced, drifted onto his orchard and harmed his crops. The 8t…
Resigning UK PM Johnson plans ‘lavish’ wedding party at Chequers residence -report
LONDON (Reuters) – British Prime Minister Boris Johnson, who said on Thursday he would resign, is due to throw a big wedding party to mark his marriage to wife Carrie at his official Chequers country residence later this month, the Mirror reported. Joh…
Outgunned but defiant, Ukrainian twin cities’ defenders ready for Russian attack
By Simon Lewis KRAMATORSK/SLOVIANSK, Ukraine (Reuters) – In the eastern Ukrainian city of Kramatorsk, mechanic-turned-soldier Artchk helps shore up defences against imminent Russian attack while, nearby, farmer Vasyl Avramenko laments the loss of crops…
Sacha Baron Cohen beats ex-judge Roy Moore’s defamation appeal
By Jonathan Stempel NEW YORK (Reuters) – Sacha Baron Cohen on Thursday defeated an appeal by former Alabama judge Roy Moore who had accused the British comedian of defamation for falsely portraying him as a pedophile in an interview for the show “Who I…