Economic News

PARIS (Reuters) – France’s Constitutional Court on Friday cleared plans by the government of President Emmanuel Macron to raise the legal retirement age to 64 from 62. [L1N36H0EO]

(Reuters) – Wells Fargo & Co’s profit rose in the first quarter as it earned more from interest rate payments, helped by the U.S. Federal Reserve’s tighter monetary policy, the lender reported Friday.

By Ethan Wang, Ryan Woo and Lisandra Paraguassu

CARACAS (Reuters) – Venezuelan authorities have arrested Colombian businessman Alvaro Pulido in an ongoing investigation into alleged corruption at Venezuelan state-run oil company PDVSA, Venezuela’s communications minister said on Friday.

By Katharine Jackson and Luc Cohen (Reuters) – The United States has charged leaders of the Mexico-based Sinaloa Cartel with running a fentanyl trafficking operation fueled by Chinese chemical and pharmaceutical companies, U.S. Attorney General Merrick Garland said on Friday.

By Jack Queen (Reuters) – Opening statements are set to begin on Monday in Wilmington, Delaware in a defamation lawsuit by Dominion Voting Systems against Fox Corp and Fox News, which is seeking $1.6 billion in damages over the network’s coverage of false vote-rigging claims in

By Sinan Abu Mayzer JERUSALEM (Reuters) – Muslim worshippers packed Jerusalem’s Al-Aqsa compound for noon prayers on the fourth Friday of the holy month of Ramadan under heightened Israeli police presence.

WARSAW (Reuters) – China on Friday hit back at comments by the Polish prime minister that linked the war in Ukraine to a possible Chinese attack on Taiwan, accusing him of interfering in its internal affairs.

(Reuters) – The Canadian Supreme Court ruled on Thursday that Quebec’s provincial ban on cannabis grown in private homes is constitutional, in a blow to cannabis advocates who said it was at odds with a federal law allowing a small number of plants to be grown

By Brendan Pierson (Reuters) – New court-imposed restrictions on the abortion pill mifepristone could cut off access to the drug entirely for months, the Biden administration and the drug’s distributor, Danco Laboratories, said in petitions asking the U.S. Supreme Court to lift the curbs.

MADRID (Reuters) – A 50-year-old Spanish extreme athlete has emerged from spending 500 days living 70-metres deep in a cave outside Granada with no contact with the outside world, in an experiment closely monitored by scientists seeking to learn more about the capacities of the human

By George Obulutsa NAIROBI (Reuters) – Kenya’s opposition alliance has written to the prosecutor of the International Criminal Court (ICC) asking him to open an investigation into the head of the police who it accuses of ordering attacks on its supporters during anti-government protests.

NEW DELHI (Reuters) – A proposed Indian government unit to fact-check news on social media is not about censoring journalism nor will it have any impact on media reportage, a federal minister said on Friday.

BANGKOK (Reuters) – Thai Prime Minister Prayuth Chan-ocha got a soaking on Friday as a surprise participant in one of the world’s biggest water fights, showing no signs of any dampened spirits from a slump in popularity just weeks from an election.

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s Supreme Court on Friday directed the central bank to issue funds for provincial snap polls, a court order said, a day after parliament ruled against provision of the money, deepening a discord between the judiciary and the government amid

(Reuters) – At least four people died and 13 were injured in a fire at a shelter for children and adolescents in Northeastern Brazil on Friday, the local fire department said.

By Anne Kauranen IMATRA, Finland (Reuters) – Finland is building the first stretch of a fence on its border with Russia on Friday, less than two weeks after it joined the NATO military alliance to complete a security U-turn taken in response to the war in

MOSCOW (Reuters) – Russia’s economy ministry revised higher its 2023 gross domestic product (GDP) forecast on Friday to growth of 1.2% from a contraction of 0.8%, news agencies reported.

LONDON (Reuters) -There is no evidence that the COVID-causing virus came from animals, the former head of the Chinese Center for Disease Control and Prevention (CDC) said on Friday.

(Reuters) -UnitedHealth Group Inc beat Wall Street estimates for quarterly profit on Friday and raised its annual forecast, after a slow recovery in non-urgent procedures helped lower medical costs at its insurance unit.