Updated Archives - Page 3098 of 3105

Blinken says Biden to tell Putin U.S. will stand up against aggressive actions

3 Dec 2021 3 Dec 2021

WASHINGTON (Reuters) – U.S. President Joe Biden will tell Russian President Vladimir Putin in their meeting that the United States is determined to stand resolutely against any reckless or aggressive actions that Russia may pursue and to defend the territorial integrity of Ukraine, Secretary of State Antony Blinken said on Friday. Blinken told the Reuters …

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Sri Lankan manager killed by mob of workers at Pakistan factory

3 Dec 2021 3 Dec 2021

By Mubasher Bukhari LAHORE, Pakistan (Reuters) -A mob of factory employees in eastern Pakistan tortured and burned a Sri Lankan manager on Friday over apparent blasphemy in a “horrific” attack that Prime Minister Imran Khan said brought shame on the country. A police official in the eastern town of Sialkot, who spoke on condition of …

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Safe-haven yen, Swiss franc rise on Omicron fears, Fed policy uncertainty

3 Dec 2021 3 Dec 2021

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The safe-haven yen and Swiss franc gained on Friday as global equities and bond yields fell on fears about the spread of the Omicron variant of COVID-19, which has resulted in renewed restrictions in parts of the world, and concerns about possible aggressive action by the Federal Reserve …

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Oil steadies, paring gains as rising COVID cases spur demand worries

3 Dec 2021 3 Dec 2021

By Scott DiSavino NEW YORK (Reuters) – Crude prices ended little changed on Friday after erasing earlier big gains on growing worries that rising coronavirus cases and a new variant could reduce global oil demand. Earlier in the day, oil prices climbed more than $2 a barrel after producer group OPEC+ said it could review …

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Iran nuclear talks break, Europe, U.S. dismayed by Iranian stance

3 Dec 2021 3 Dec 2021

By Parisa Hafezi, Francois Murphy and John Irish VIENNA (Reuters) – Indirect U.S.-Iranian talks on saving the 2015 Iran nuclear deal broke off until next week as European officials voiced dismay on Friday at sweeping demands by Iran’s new, hardline government. The seventh round of talks in Vienna is the first with delegates sent by …

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Iran nuclear talks break, Europe, U.S. dismayed by Iranian stance

3 Dec 2021 3 Dec 2021

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Biden signs gov’t funding bill into law, averts shutdown

3 Dec 2021 3 Dec 2021

WASHINGTON (Reuters) -U.S. President Joe Biden on Friday signed legislation funding federal agencies through mid-February, the White House said, averting a government shutdown after some Republicans had threatened a standoff over COVID-19 vaccine mandates. The law funds the U.S. government through Feb. 18, giving the narrowly divided Congress another 11 weeks to either hammer out …

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USTR backs efforts to strengthen U.S. EV industry despite objections

3 Dec 2021 3 Dec 2021

By David Lawder (Reuters) – The U.S. Trade Representative’s office said on Friday it was committed to legislation strengthening the domestic electric vehicle industry despite objections from Mexico and Canada over a proposed tax credit for electric vehicles built by U.S. union workers. The proposed $12,500 electric vehicle tax credit would include $4,500 for EVs …

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MMG’s Las Bambas mine in Peru faces shutdown as talks to end blockade fail

3 Dec 2021 3 Dec 2021

By Marcelo Rochabrun, Marco Aquino and Sameer Manekar LIMA (Reuters) -MMG Ltd’s Las Bambas copper mine in Peru will shut down copper production by mid-December because of a road blockade, it said on Friday, as executives urged the government to build a freight rail link to avoid future disruption. “The freight rail has huge social …

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Faster Fed taper, earlier rate hikes in sight as unemployment falls

3 Dec 2021 3 Dec 2021

By Ann Saphir (Reuters) – Federal Reserve policymakers look likely to accelerate the winddown of their bond-buying program when they meet later this month as they respond to a tightening labor market and move to open the door to earlier rate hikes than they had projected. U.S. employers added 210,000 jobs last month, a U.S. …

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