Economic News

SHANGHAI (Reuters) – China’s Zeekr has hired a former Lexus executive to helm its operations in Europe, according to a memo seen by Reuters, as the electric vehicle (EV) maker plans to sell into the region later this year.

By Max Hunder KYIV (Reuters) – Ukraine’s security service said on Thursday it had seized more than 3.5 billion hryvnia ($96 million) worth of assets belonging to exiled billionaire Vadym Novynskyi, who it is investigating for “aiding” Russia.

By Jonathan Stempel NEW YORK (Reuters) – Donald Trump will not learn the identities of jurors expected to decide at an upcoming civil trial whether the former president defamed the writer E. Jean Carroll, who also claims Trump raped her.

By Leika Kihara WASHINGTON (Reuters) – China’s central bank governor on Friday took a swipe at efforts by Western economies to trade more with allies and rely less on the world’s largest goods-exporting country, saying such “friend-shoring” attempts could prevent global supply chain tension from easing.

By Rod Nickel and Steve Scherer OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau’s top aide on Friday refused to say when Trudeau first learned about allegations that China tampered with recent elections, citing security concerns.

(Reuters) – Wall Street futures slipped on Friday as investors awaited earnings from big U.S. banks for signs of stress in the sector and the economy after the failure of two mid-sized lenders last month sparked concerns about a potential recession.

By Andrew Chung (Reuters) – The U.S. Supreme Court on Friday made it easier to challenge the regulatory power of federal agencies in two important rulings backing Axon Enterprise Inc’s bid to sue the Federal Trade Commission and a Texas accountant’s gripe with the Securities and

BRASILIA (Reuters) – Brazil’s Supreme Court has ordered former President Jair Bolsonaro to testify before federal police within 10 days about the Jan. 8 storming of government buildings by his supporters, a document seen by Reuters showed on Friday.

KHARTOUM (Reuters) – Sudanese medics said on Friday that at least 22 people had been shot and killed in violence in West Darfur state over the past week.

By Joseph Ax (Reuters) – When Florida Governor Ron DeSantis signed a 15-week abortion ban on April 14, 2022, he held a morning ceremony at a church in front of an enormous “Protect Life” sign, flanked by women and children.

(Reuters) – Russian President Vladimir Putin signed into law on Friday a bill on setting up electronic draft call-up procedures aimed at making military mobilisation more efficient and closing loopholes.

By Kantaro Komiya TOKYO (Reuters) -Japan on Friday approved a plan to build the country’s first casino in the western city of Osaka, paving the way for a large resort aimed at attracting domestic and international tourist spending.

(Reuters) – Best Buy Co Inc is cutting store jobs across the United States, the Wall Street Journal reported on Friday, citing people familiar with the situation.

By Moira Warburton (Reuters) – Dangerous driving was a factor in an accident that killed four cadets last April at the Royal Military College campus in Kingston, Ontario, according to findings from a Canadian military investigation announced on Friday.

By Rae Wee SINGAPORE (Reuters) – The U.S. dollar languished near a two-month low against major peers on Friday while the euro flirted with a one-year peak, as traders ramped up expectations of an imminent end to the U.S. Federal Reserve’s rate-hike cycle on signs of

(Reuters) – Tunisian football player Nizar Issaoui, 35, has died from burns suffered after setting himself alight earlier this week as a protest against “police injustice”, his family said on Friday.

BALLINA, Ireland (Reuters) – U.S. President Joe Biden broke down in tears on Friday after a chance meeting at an Irish church with the priest who performed the last rites on his son Beau, a priest who accompanied Biden during the visit said.

By Andrew Hayley BEIJING (Reuters) – Oil prices rose in early Asian trade on Friday, after falling 1% in the previous session, as the market weighed supportive supply conditions ahead of the International Energy Agency’s monthly demand outlook.

By Isla Binnie NEW YORK (Reuters) – Firms find that investors penalize their stock less for high greenhouse gas emissions if they voluntarily disclose that data, researchers at Lazard’s climate center said on Friday.

LONDON (Reuters) – The Bank of England said on Friday that it was deepening its cooperation with the United States’ Commodities Futures Trading Commission regarding the supervision of cross-border central counterparties (CCPs), a key part of financial infrastructure.