Tag Archives: Reuters

Gloom shrouds UK households as inflation expectations spike – survey

LONDON (Reuters) – British households turned gloomier about their finances in January as their expectations about future inflation hit a near four-year high and they relied more on borrowing, according to a survey which underscored the strain on many consumers. Data company IHS Markit said its Household Finance Index fell to a four-month low of 43.0 from 43.7 in December. ...

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Stocks, dollar sag after U.S. government shutdown

TOKYO (Reuters) – Financial markets in the United States and Asian stocks took a knock early on Monday after the U.S. government was forced to shut down amid a dispute between President Donald Trump and Democrats over immigration. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dropped 0.2 percent while Japan’s Nikkei .N225 was down 0.1 percent. U.S. S&P500 ...

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Senators race to end U.S. government shutdown before work week begins

WASHINGTON (Reuters) – Republican and Democratic senators raced on Sunday to try to break an impasse and hammer out a deal that would end a two-day-old U.S. government shutdown before the start of the work week. In a flurry of negotiations, the two parties’ leaders in the Senate huddled behind closed doors following discussions by a bipartisan group of moderate ...

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China's top paper says U.S. forcing China to accelerate South China Sea deployments

BEIJING (Reuters) – China’s top newspaper, decrying Washington as a trouble-maker, said on Monday U.S. moves in the South China Sea like last week’s freedom of navigation operation will only cause China to strengthen its deployments in the disputed waterway. China’s foreign ministry said the USS Hopper, a destroyer, came within 12 nautical miles of Huangyan island, which is better ...

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Abolish borrowing cap to meet housing targets – MPs

LONDON (Reuters) – British MPs said on Monday that raising the borrowing cap on local authorities to boost the supply of new homes and a cut in the tax paid by first-time buyers would not “fix the broken housing market”, as the government had pledged. Chancellor Philip Hammond said in his budget speech in November he would get local councils ...

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Heavy casualties after overnight battle at Kabul hotel

KABUL (Reuters) – Gunmen in army uniforms who stormed Kabul’s Intercontinental Hotel late on Saturday and battled Afghan Special Forces through the night killed more than 30 people and wounded many more, although the final toll of dead and wounded may still be higher. Wahid Majroh, a spokesman for the ministry of public health, said that 19 bodies had been ...

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Facebook to open digital training hubs in Europe

BRUSSELS (Reuters) – Facebook said on Monday it will open three new centres in Europe to train people in digital skills and committed to training one million people over the next two years, part of the social media giant’s drive to show its contribution to the bloc. The U.S. company – which has faced regulatory pressure in Europe over issues ...

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Pope ends Latin American trip with warning about political corruption

LIMA (Reuters) – Pope Francis celebrated an open air Mass for more than 1 million people on Sunday, ending a trip to Chile and Peru marked by tough talk on political corruption but a backlash over what many see as his insufficient resolve to tackle sexual abuse in the Church. In the final hours of his six-day visit to the ...

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Pence arrives in Israel on visit overshadowed by Trump's Jerusalem declaration

JERUSALEM (Reuters) – U.S. Vice President Mike Pence began a visit to Israel on Sunday after being praised as a “great friend” by Prime Minister Benjamin Netanyahu and shunned by the Palestinians over U.S. recognition of Jerusalem as Israel’s capital. It is the highest-level U.S. visit to the region since President Donald Trump made his declaration on Dec. 6 and ...

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Turkish forces push into Syria, battle Kurdish militia

AZAZ, Syria (Reuters) – Turkey’s army and rebel allies battled U.S.-backed Kurdish militia in Syria’s Afrin province on Sunday, stepping up a two-day-old campaign against YPG fighters that has opened a new front in Syria’s civil war. Amid U.S. calls for restraint, Turkish artillery pounded YPG positions, while rockets fired from inside Syria slammed into two Turkish border towns, wounding ...

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