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Economic News

  • Reuters

    KHARTOUM (Reuters) – The Sudanese army early on Thursday warned of what it described as a “mobilisation of forces and redeployment” by the powerful Rapid Support Forces (RSF) in the capital Khartoum and other cities.

  • A screen displays the logo of Mexican airport operator Grupo Aeroportuario del Pacifico (GAP) at the Miguel Hidalgo y Costilla International Airport, in Guadalajara
    Reuters

    By Kylie Madry MEXICO CITY (Reuters) – The airport operating business in Mexico is thriving as traffic surges due to multinational companies bringing overseas operations closer to home and growth at Mexican airlines, according to the head of GAP, which operates 12 airports in the country.

  • Illustration shows Facebook logo
    Reuters

    DUBLIN (Reuters) – Ireland’s data regulator has one month to make an order on blocking Facebook’s transatlantic data flows, European Union regulators said on Thursday.

  • Illustration shows ChatGPT logo
    Reuters

    By Toby Sterling BRUSSELS (Reuters) -The body that unites Europe’s national privacy watchdogs said on Thursday it had set up a task force on ChatGPT, a potentially important first step toward a common policy on setting privacy rules on artificial intelligence.

  • A worker adjusts EU and U.S. flags at the start of the 2nd round of EU-US trade negociations at the EU Commission headquarters in Brussels
    Reuters

    By Foo Yun Chee BRUSSELS (Reuters) – A proposed data transfer pact with the United States to replace two previous agreements struck down by Europe’s top court does not contain sufficient safeguards to protect Europeans’ data, a key committee of EU lawmakers said on Thursday.

  • Reuters

    By Alexander Tanas CHISINAU (Reuters) – A court in Moldova on Thursday imposed a 15-year jail sentence in absentia on the leader of a small opposition party in connection with the theft of $1 billion in bank assets in the impoverished European state.

  • Illustration shows representation of Ethereum with its native cryptocurrency ether
    Reuters

    By Elizabeth Howcroft LONDON (Reuters) – Cryptocurrency investors are facing delays to withdraw funds deposited on the Ethereum blockchain after its major software upgrade, highlighting persistent headaches for Ethereum which aims to have the technology widely used for instant payments.

  • Former U.S. President Donald Trump indicted by a Manhattan grand jury
    Reuters

    (Reuters) – Digital World Acquisition Corp, a blank-check firm that is set to merge with former U.S. President Donald Trump’s media and technology company, on Thursday named Katherine Chiles as its chief financial officer.

  • U.S. President Joe Biden visits Ireland
    Reuters

    DUBLIN (Reuters) – U.S. President Joe Biden, a proud Irish-American, took his three-day tour of Ireland to Dublin on Thursday for an address to parliament and a banquet at Dublin Castle as his focus shifted from Northern Irish peace to celebrating his heritage.

  • U.S. Republicans hold weekly press conference at the U.S. Capitol building in Washington
    Reuters

    WASHINGTON (Reuters) – Top U.S. Senate Republican Mitch McConnell said on Thursday that he will return to the Senate next week, more than a month after he was sidelined by a bad fall and as talks over the nation’s looming $31.4 trillion debt ceiling shift to

  • A man walks past a screen displaying the Hang Seng Index at Central district, in Hong Kong
    Reuters

    By Tom Westbrook SINGAPORE (Reuters) – Asian stocks struggled on Thursday, dragged by selling in Hong Kong tech shares, while the dollar was under pressure and short-dated bonds were firm as softening U.S. inflation seemed to suggest the U.S. rate hike cycle was nearing its end.

  • Traders work on the floor of the NYSE in New York
    Reuters

    (Reuters) – U.S. stock index futures rose on Thursday ahead of fresh economic data that could offer clues on the Federal Reserve’s monetary tightening plans, while investors also awaited bank earnings after turmoil in the sector last month.

  • U.S. Senate Democratic Leader Chuck Schumer on Capitol Hill
    Reuters

    By David Shepardson WASHINGTON (Reuters) – Senate Majority Leader Chuck Schumer said Thursday he had launched an effort to win bipartisan agreement for a new regulatory regime to address concerns about artificial intelligence.

  • G20 summit in Bali
    Reuters

    (Reuters) – Indian Prime Minister Narendra Modi raised the issue of security at Indian diplomatic establishments in Britain during a call with his British counterpart Rishi Sunak, Modi’s office said in a statement on Thursday.

  • A North Korea flag flutters next to concertina wire at the North Korean embassy in Kuala Lumpur
    Reuters

    SEOUL (Reuters) -North Korea has fired a missile into the sea off the east coast of the Korean Peninsula, South Korea’s Joint Chiefs of Staff said on Thursday.

  • Sec. Yellen holds a bilateral meeting with Ukraine Prime Minister Denys Shmyhal
    Reuters

    By Andrea Shalal (Reuters) – Ukrainian Prime Minister Denys Shmyhal on Thursday welcomed the “continuous, ironclad and unprecedented support” of the United States as his country fights Russia’s invasion, and underscored Ukraine’s commitment to battling corruption.

  • A man jogs as office buildings under construction are seen in the distance, in Luanda
    Reuters

    By Joe Bavier and Jorgelina do Rosario WASHINGTON (Reuters) -Angola’s next sovereign debt issuance will be an ESG bond of up to $1 billion, its finance minister told Reuters on Thursday, but she added that the southern African oil producer’s government would not tap the market this year.

  • Flames emerge from flare stacks at Nahr Bin Umar oil field, north of Basra
    Reuters

    By Yuka Obayashi TOKYO (Reuters) – Oil prices eased in early trading on Thursday after rising for the previous two sessions as investors remained cautious due to lingering concerns over a U.S. recession and weaker oil demand.

  • New Mexico Abortion Clinic Provides Medical Abortions for Patients from Texas
    Reuters

    By Brendan Pierson (Reuters) -The abortion pill mifepristone will remain available in the United States while anti-abortion groups pursue a legal challenge seeking to ban it, but with significant restrictions including a requirement for in-person physician visits to obtain the drug, a federal appeals court ruled late on Wednesday.

  • 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington
    Reuters

    WASHINGTON (Reuters) – World Bank President David Malpass on Thursday said progress on sovereign debt issues would be measured by actual restructuring deals being agreed for Ghana, Ethiopia and Zambia, and said there was still no agreement on his longstanding call for a standstill in debt

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