Macron faces a tough fight as France votes on Sunday

Macron faces a tough fight as France votes on Sunday

Macron leads in opinion polls but Le Pen closes in Voting starts at 0600 GMT, exit polls due at 1800 GMT PARIS, April 10 (Reuters) – France votes on Sunday in the first round of a presidential election, with far-right candidate Marine Le Pen posing an unexpected threat to President Emmanuel Macron’s re-election hopes. Until … Read more

Pakistan’s Prime Minister Imran Khan ousted in no-confidence vote

Pakistan’s Prime Minister Imran Khan ousted in no-confidence vote

ISLAMABAD, April 10 (Reuters) – Pakistan’s Prime Minister Imran Khan was ousted on Sunday when he lost a vote of confidence in parliament, after being deserted by coalition partners who blame him for a crumbling economy and failure to deliver on his campaign promises. The result of the vote, the culmination of a 13-hour session … Read more

EXCLUSIVE Sri Lanka to seek $3 billion to stave off crisis -finance minister

EXCLUSIVE Sri Lanka to seek  billion to stave off crisis -finance minister

Seeks further $500 mln from India for fuel Government priority to ensure supply of essentials To raise taxes and fuel prices within six months COLOMBO, April 9 (Reuters) – Sri Lanka will need about $3 billion in external assistance over the next six months to help restore supplies of essential items including fuel and medicine, … Read more

Wife of UK finance minister agrees to stop avoiding UK tax

Wife of UK finance minister agrees to stop avoiding UK tax

Sunak’s wife to pay British tax on global income Akshata Murthy is daughter of founder of Infosys Indian citizen previously only paid UK tax on UK income Row is latest setback for Sunak, possible future UK leader April 8 (Reuters) – Akshata Murthy, the wife of British finance minister Rishi Sunak, said on Friday that … Read more

Macron hits out at ‘racist’ Le Pen as far-right candidate reaches all-time high in poll

Macron hits out at ‘racist’ Le Pen as far-right candidate reaches all-time high in poll

PARIS, April 8 (Reuters) – French President Emmanuel Macron on Friday accused his far-right challenger Marine Le Pen of lying to voters about his “racist” platform as he sought to rally support two days before the first round of the presidential election. The race appears to be narrowing down to the two finalists of the … Read more

Global stocks rebound goal set for weekly loss

Global stocks rebound goal set for weekly loss

LONDON, April 8 (Reuters) – European shares rebounded on Friday but world stocks were still on track for their first weekly loss in four as the prospect of aggressive global rate hikes and geopolitical risks rattled investors. Global risk appetite declined during the week as minutes from the Federal Reserve and European Central Bank showed … Read more

Stocks rally late, 10-yr US Treasury yield hits 3-yr high

Stocks rally late, 10-yr US Treasury yield hits 3-yr high

US stocks end higher 10-year Treasury yield rises Investors still digesting Fed signals NEW YORK, April 7 (Reuters) – Stock indexes mostly rose on Thursday as investors snapped up beaten-down shares, while the US dollar climbed to its highest in nearly two years and the US Treasury 10-year yield touched a three-year high following hawkish … Read more

Yemen president cedes powers to council as Saudi Arabia pushes to end war

Yemen president cedes powers to council as Saudi Arabia pushes to end war

Analysts see moves as effort to unite anti-Houthi factions Saudi urges new presidential council to negotiate with Houthis Houthis say move may lead to escalation UN is pushing to restart peace talks stalled since 2018 Saudi, UAE pledge financial aid after Hadi cedes power ADEN, April 7 (Reuters) – Yemen’s president delegated power to a … Read more

Maldives shelters sanctioned Russian billionaires’ yachts

Maldives shelters sanctioned Russian billionaires’ yachts

Maldives will not actively pursue yacht seizures – sources Fears impact of Russia sanctions on tourism industry – sources “Far-fetched” to think yachts will be confiscated MALE, April 7 (Reuters) – A day after coal and fertilizer billionaire Andrey Melnichenko was placed on the European Union’s sanctions list on March 9, his superyacht Motor Yacht … Read more

Fed officials to take clearer to balance sheet; ‘many’ back big rate hikes

Fed officials to take clearer to balance sheet;  ‘many’ back big rate hikes

April 6 (Reuters) – Federal Reserve officials in March “generally agreed” to cut up to $95 billion a month from the central bank’s asset holdings as another tool in the fight against surging inflation, even as the war in Ukraine tempered the first US interest rate increase. Minutes of the Fed’s March 15-16 meeting showed … Read more