Business
Worsening US debt outlook seen more in gold and bitcoin than in bonds
(Reuters) - Concern about the rapidly rising U.S. government debt is partly behind recent surges in gold prices and bitcoin, even as the Treasury market so far remains relatively sanguine about the country's fiscal path, market observers say. The ...
China slaps anti-dumping levy on import of a US chemical amid rising trade tensions
BEIJING (Reuters) - China on Friday slapped a levy on imports of an acid from the United States widely used in food, feed, pesticides and medical fields, amid heightened tensions with Washington over bilateral trade. From Saturday, imports of ...
Shipping industry urges UN to protect vessels after Iran seizure
LONDON (Reuters) - Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East and the United Nations must do more to protect supply chains, the industry said in a letter released on Friday. Tensions have ...
Dutch privacy watchdog recommends government organisations stop using Facebook
AMSTERDAM (Reuters) - The Dutch privacy watchdog AP on Friday said it was recommending that government organizations should stop using Facebook as long as it is unclear what happens with personal data of users of the government's Facebook pages. ...
US equity funds see sharp outflows as investors brace for extended high rates
(Reuters) - U.S. equity funds suffered sharp outflows in the seven days to April 17 as investors anticipated prolonged restrictive interest rates amid stubborn inflation in a resilient U.S. economy. Conflict escalation in the Middle East ...
Warner Bros CEO pay rose nearly 27% in 2023
(Reuters) - Warner Bros Discovery CEO David Zaslav's annual compensation rose nearly 27% to $49.7 million in 2023, a filing with the Securities and Exchange Commission (SEC) showed on Friday. (Reporting by Harshita Mary Varghese; Editing by Ravi ...
Nigerian court adjourns Binance and executives' tax evasion trial to May 17
By Camillus Eboh ABUJA (Reuters) - A Nigerian court on Friday adjourned a tax evasion trial against cryptocurrency exchange Binance and two of its executives to May 17 after the matter was stalled because the exchange has not been formally served ...
Sub-Saharan Africa incomes falling further behind rest of world, says IMF
By Rachel Savage and Karin Strohecker JOHANNESBURG/WASHINGTON (Reuters) - Incomes in Sub-Saharan Africa are falling further behind the rest of the world amid a "tepid" economic recovery, the International Monetary Fund (IMF) said on Friday, ...
'A more sociable thing': St. John's business Tee Box Indoor Golf moves locations, adds mini-golf and bar area
When Danny Fellingham opened Tee Box Indoor Golf four years ago on Stavanger Drive, he was surprised a business like this one didn't already exist. "When I lived in Edmonton, I used to play indoor golf, and when I moved I noticed there wasn’t any, ...
Archer Aviation aims to start electric air taxi trials in India next year
By Aditi Shah NEW DELHI (Reuters) - Archer Aviation, backed by Stellantis and Boeing, aims to begin trials of its electric air taxi in India next year, ahead of a planned commercial launch in 2026, the company's chief executive told Reuters on ...