Author: Press Room
US president Joe Biden is set to arrive in Belfast on Tuesday night to commemorate the 25th anniversary of the Good Friday Agreement as London urged the region’s biggest unionist party to end its boycott of Northern Ireland’s political institutions.Biden’s visit, which will be followed by a longer trip to the Republic of Ireland, comes on the heels of a new UK-EU deal covering post-Brexit trading rules for Northern Ireland, known as the Windsor framework.The president’s trip comes after almost a year of political limbo in Northern Ireland caused by the post-Brexit trade regime. It also comes after police last…
The Justice Department and a manufacturer of medication abortion drugs asked a federal appeals court on Monday to put on hold a judge’s ruling that could make the drug unavailable nationwide starting after Friday. The requests, filed on Monday before the US 5th Circuit Court of Appeals, are seeking a short-term administrative stay as well as a long-term stay pending appeal on a lower court ruling from US District Judge Matthew Kacsmaryk, who ordered the Food and Drug Administration’s approval of the drug to be suspended. An administrative stay would give the appellate court more breathing room to consider whether…
Shares were mostly higher in Asia on Monday after a report Friday showed resilience in the U.S. jobs market. Tokyo’s Nikkei 225 index NIK, +0.42% added 0.4%. In Seoul, the Kospi 180721, +0.87% surged 1%. The Shanghai Composite index SHCOMP, -0.37% gave up early gains, losing 0.1%. Shares rose in Taiwan Y9999, +0.25% but fell in Singapore STI, -0.18% and Indonesia JAKIDX, -0.32%. Markets were closed in Hong Kong and Sydney after last week ended with Good Friday holidays in many countries. U.S. futures ES00, -0.04% and oil prices CL.1, -1.05% advanced. The highly anticipated report on U.S. employment showed…
By Sabela Ojea Cheetah New Supply Chain Service Inc. has filed for an initial public offering, the company said in a U.S. Securities and Exchange Commission filing on Friday. The technology supply chain company operating a wholesale food and restaurant supplies marketplace has applied to list its shares on the Nasdaq Capital Market under the symbol CTNT. It didn’t detail how many shares it would list, or the price of each share. Write to Sabela Ojea at [email protected]; @sabelaojeaguix Read the full article here
“‘Home prices are very, very high by historical standards’” That was Yale economist Robert Shiller talking about the current state of the housing market during a March interview on on CNBC Overtime. Shiller, a researcher at the National Bureau of Economic Research, helped create the Case-Shiller Home Price Indices, which are leading trackers of the U.S. real-estate market. See also: How much do you need to earn to afford a $500,000 home? Here is the answer. “It’s easy to forecast the short-run in the housing market. If you’re a long-term buyer it’s not clear,” Shiller said. “Home prices are very, very…
© Reuters. FILE PHOTO: Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 31, 2023. REUTERS/Andrew Kelly By Noel Randewich and Ankika Biswas (Reuters) – Major U.S. stock indexes ended higher on Thursday, helped by a rally in Alphabet (NASDAQ:) shares as investors, worried about a slowing economy, looked to upcoming jobs data. Alphabet Inc rallied 3.8% and Microsoft (NASDAQ:) climbed 2.6%, with both providing more fuel than any other stocks for the ‘s gain for the session. Alphabet’s Google unit plans to add artificial intelligence features to its search…
By Shariq Khan BENGALURU (Reuters) – Oil benchmarks jumped 6% on Monday, the day after the OPEC+ group jolted markets with plans to cut more production, raising fears of tightening supplies while some warned of reduced demand if oil refiners flinch at paying higher prices for crude. settled higher by $5.04, or 6.3%, at $84.93 a barrel, after touching its highest since March 7 at $86.44. West Texas Intermediate crude settled up by $4.75, or 6.3%, at $80.42 a barrel after rising to a two-month high during the session. The Organization of the Petroleum Exporting Countries and allies including Russia,…
By Leika Kihara TOKYO (Reuters) – The Bank of Japan must be ready to issue central bank digital currencies (CBDC) that coexist with various other forms of money to offer the public a safe digital payment system, its governor Haruhiko Kuroda said on Tuesday. The central bank will start a pilot programme in April to test the use of a digital yen, joining a growing number of countries seeking to catch up with front-runner China in launching a CBDC. “Ensuring the coexistence of CBDC with various other forms of money … is something that we need to and will in…
By Asif Shahzad ISLAMABAD (Reuters) -Saudi Arabia has told the International Monetary Fund it will provide financing to Pakistan, Pakistani junior finance minister Aisha Ghaus Pasha said on Thursday, a critical step needed to secure IMF funding. Saudi Arabia’s $2 billion pledged in external financing support to Pakistan is one of the final conditions for an IMF deal that Islamabad needs to avert a default. “Apparently Saudi Arabia has committed to IMF, and IMF has indicated to us that there has been a correspondence from them,” Pasha told reporters in Islamabad. The IMF’s resident representative did not immediately respond to…
Unless you’ve been involved in a lawsuit, you may not know about structured settlements. You may have heard of them on late night TV. “It’s your money,” some TV ads will exclaim. “Cash in your structured settlement and use your money now!” These TV ads are from factoring companies that buy up lawsuit structured settlements, but how do you get one in the first place? If you are a successful plaintiff in a lawsuit, your contact with structure settlements may be personal. You may have received one, be evaluating one now, or have considered one but opted for cash. Even…