By Marcelo Rochabrun PISACCASA, Peru (Reuters) – Gabino Leon is angry, and he is not alone. The farmer in Peru’s southern Apurimac region watches each day as hundreds of trucks carrying copper roar past his adobe home, kicking up dust on a potholed dirt road that has become a lightning rod for protests hitting the …
Peru’s poor Andean hamlets, backed by state, unleash anger at mines Read More »
By Andrey Ostroukh and Alexander Marrow MOSCOW (Reuters) – At least 10 Russian companies could hold an initial public offering (IPO) in 2022, extending the listing spree that started a year ago if geopolitics, including Ukraine tensions, and other risks do not thwart their plans, bankers and advisors said. After a barren few years, IPO …
At least 10 Russian companies considering IPOs in 2022, advisers say Read More »
HONG KONG (Reuters) – You know it’s going to be a long haul when the regulator starts sending you candy. Jet-setting banking executives stuck in Hong Kong’s weeks-long quarantine programme have received confectionery from senior regulators as a morale-booster during their isolation. “From their own pockets, Hong Kong Monetary Authority (HKMA) senior executives sent confectioneries …
Keeping the bankers sweet: Hong Kong regulators send candy to quarantined financiers Read More »
By Helen Coster and Jan Wolfe (Reuters) – Did Rupert and Lachlan Murdoch influence Fox News’ coverage of claims about two voting technology companies — knowing that those claims were false? That has become a significant question in defamation lawsuits filed by Smartmatic and Dominion Voting Systems Corp against Fox News and its parent company …
Analysis: Murdoch emails loom large in billion-dollar election lawsuits against Fox News Read More »
By Jonnelle Marte (Reuters) – U.S. President Joe Biden’s $1.75 trillion “Build Back Better” spending plan includes a potentially life-changing plan to make universal preschool free nationwide, making it easier for some parents, primarily mothers, to work outside the home. The White House’s top economic advisers have advocated that the return of women, and particularly …
Analysis: U.S. rollout of free preschool could put more moms into U.S. workforce Read More »
ZURICH (Reuters) – A Swiss court has blocked requests by foreign online gambling operators to access the Swiss market, which gaming officials have limited since 2019 to Swiss-approved games of chance. That means Swiss gamblers can bet online only with Swiss casinos and lotteries that pay tax in the country and that protect people against …
Online gambling sites lose bid to access Swiss market – court Read More »
By Howard Schneider and William Schomberg (Reuters) – Major central banks meet this week to assess risks from the new Omicron variant of the coronavirus even as they consider reducing emergency measures put in place nearly two years ago to fight the pandemic’s economic toll. The global balancing act begins Tuesday when the Federal Reserve …
In year-end meetings, top central banks may diverge over inflation, Omicron Read More »
(Reuters) – Investors raised cash allocations to 5.1% on growing concerns over central bank hawkishness, BofA Securities’ monthly fund manager survey showed before key policy decisions this week by the U.S. Federal Reserve and other big central banks. The U.S. investment bank said “hawkish central banks” was the biggest tail risk and that has sparked …
Investors raise cash on hawkish central banks worries Read More »
A look at the day ahead from Sujata Rao. A marked flattening in the U.S yield curve — with longer-dated borrowing costs taking a tumble — failed to lift tech shares on Monday. Instead, as the Omicron COVID variant gathered steam, consumer staples, pharmas and other defensives benefited, balking Apple of a $3 trillion market …
SAN FRANCISCO (Reuters) – A California regulator on Monday said it has suspended a driverless testing permit for startup technology firm Pony.ai following an accident – the first time it has issued such a suspension. On Oct. 28, a Pony.ai vehicle operating in autonomous mode hit a road center divider and a traffic sign in …
California halts Pony.ai’s driverless testing permit after accident Read More »
