Economic News

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said banks are likely to tighten lending further in the wake of recent bank failures, possibly negating the need for further Federal Reserve rate hikes, according to a CNN interview transcript released on Saturday.

By Chiara Elisei LONDON (Reuters) – Some holders of bonds issued by French food retailer Casino are working with financial adviser Perella Weinberg Partners to push for better terms should the company’s planned tie-up with smaller food firm Teract proceed, three sources familiar with the matter

WASHINGTON (Reuters) – A Chinese spy balloon that was shot down by the U.S. in February carried solar panels that could generate enough electricity to power a type of radar that can generate images at night and through clouds, the Washington Post reported on Saturday, citing

By Jorgelina do Rosario and Rodrigo Campos

KYIV (Reuters) – At least five people were killed and 15 wounded on Friday by a Russian missile strike on the eastern Ukrainian city of Sloviansk, the regional governor said.

ABUJA (Reuters) – Nigeria’s airports face two days of disruption from Monday as aviation workers stage a second strike this year in protest over working conditions and wages, unions said on Friday.

(Reuters) – Peru’s gross domestic product (GDP) shrunk 0.63% in February compared with the same month last year, the government’s INEI statistics agency said on Saturday, beating expectations by analysts who forecast a bigger decline.

By Riham Alkousaa BERLIN (Reuters) – Heinz Smital was a 24-year-old nuclear physics researcher when he first saw how far nuclear contamination could spread after the Chornobyl disaster in 1986.

BANGKOK (Reuters) – Thai Prime Minister Prayuth Chan-ocha is still lagging behind the main opposition party, latest opinion polls showed, ahead of the Southeast Asian country’s general election next month.

By Joe Bavier WASHINGTON (Reuters) – Africa is struggling with the triple shock of rising debt burdens, an ongoing food crisis and climate change fallout and needs more help from international institutions and wealthy nations to cope, African finance ministers said on Saturday.

By Michael Georgy (Reuters) – Sudan’s General Mohamed Hamdan Dagalo, known as Hemedti, rose from lowly beginnings to head a widely feared Arab militia that crushed a revolt in Darfur, winning him influence and eventually a role as the country’s second most powerful man, and one

WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken said on Saturday he was deeply concerned about reports of escalating violence between the Sudanese Armed Forces and the country’s main paramilitary group, the Rapid Support Forces, and called for an immediate end to hostilities.

(Reuters) – People who encourage women to remove the hijab will be prosecuted in criminal courts and will have no right of appeal against any conviction, Iran’s deputy attorney general was quoted as saying on Saturday.

(Reuters) – Rovio Entertainment, the company behind the mobile game Angry Birds, confirmed on Saturday that it is in talks with Japan’s Sega Sammy Holdings Inc over a possible tender offer.

PARIS (Reuters) – French President Emmanuel Macron has signed into law a bill to raise the state pension age that sparked mass protests, the government’s official journal showed on Saturday.

TAIPEI (Reuters) – War over Taiwan would bring about a “global catastrophe” that China would find it hard to bear, the presidential candidate for Taiwan’s ruling Democratic Progressive Party (DPP), William Lai, said on Saturday.

By Humeyra Pamuk HANOI (Reuters) – U.S. Secretary of State Antony Blinken on Saturday kicked off a trip to Vietnam, a crucial Southeast Asian trade partner that Washington is looking to bolster ties with as it works to balance China’s growing assertiveness in the region

KHARTOUM (Reuters) – Sudan’s army on Thursday warned of a risk of confrontation following the mobilization of a powerful paramilitary group, in a sign of growing strains between the rival forces and a potential complication in moves to restore civilian rule.

By Riham Alkousaa BERLIN (Reuters) – Germany will pull the plug on its last three nuclear power stations by Saturday, ending a six-decade programme that spawned one of Europe’s strongest protest movements but saw a brief reprieve due to the Ukraine war.

LAGOS (Reuters) – Nigeria’s annual inflation accelerated to 22.04% in March from 21.91% in the previous month, its bureau of statistics said on Saturday.