Wall Street sunk by corporate cost warnings, bond nerves

Wall Street sunk by corporate cost warnings, bond nerves

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., April 19, 2018. REUTERS/Brendan McDermid April 24, 2018 By Sruthi Shankar (Reuters) – Wall Street dropped sharply on Tuesday as concerns over marquee companies warning of higher costs were exacerbated by the benchmark U.S. 10-year Treasury yield piercing the 3-percent level for the first time in four years. Google-parent Alphabet…

Read More

Protesters greet Amazon’s Jeff Bezos in Germany

Protesters greet Amazon’s Jeff Bezos in Germany

Amazon workers protest ahead of the annual Axel Springer award ceremony in Berlin, Germany, April 24, 2018. REUTERS/Fabrizio Bensch April 24, 2018 BERLIN (Reuters) – Hundreds of Amazon <AMZN.O> workers blew whistles and banged drums on Tuesday to protest against the presentation of a German award to Jeff Bezos, the ecommerce firm’s chief executive. Police estimated that about 450 members of trade union Verdi gathered outside the headquarters of the media company Axel Springer <SPRGn.DE>,…

Read More

China’s Didi Chuxing launches ride service in Mexico

China’s Didi Chuxing launches ride service in Mexico

The logo of Chinese ride-hailing firm Didi Chuxing is seen at their new drivers center in Toluca, Mexico, April 23, 2018. REUTERS/Carlos Jasso April 24, 2018 By Heather Somerville SAN FRANCISCO (Reuters) – Chinese ride-hailing firm Didi Chuxing on Monday began offering its service in the Mexican city of Toluca, the company said, setting up a potentially costly battle with rival Uber Technologies Inc [UBER.UL] in a key Latin American market. The Mexican launch marks…

Read More

Syrian army targets south Damascus insurgent enclave

Syrian army targets south Damascus insurgent enclave

FILE PHOTO: Syrian Army soldiers stand near weapons that belonged to rebels from Eastern Qalamoun, after they handed them over, at the town of Dumayr, Damascus, Syria April 22, 2018. REUTERS/Omar Sanadiki April 23, 2018 BEIRUT (Reuters) – The Syrian army bombarded a jihadist enclave in south Damascus on Monday, state television and a war monitor said, as President Bashar al-Assad seeks to regain all ground near the capital. The military focus on the area,…

Read More

UK’s Prince Harry and Meghan Markle attend memorial service for murdered black teenager

UK’s Prince Harry and Meghan Markle attend memorial service for murdered black teenager

Britain’s Prince Harry and his fiancee Meghan Markle arrive at a service at St Martin-in-The Fields to mark 25 years since Stephen Lawrence was killed in a racially motivated attack, in London, Britain, April 23, 2018. Victoria Jones/Pool via Reuters April 23, 2018 LONDON (Reuters) – Britain’s Prince Harry and his American fiancée Meghan Markle attended a memorial service on Monday to mark 25 years since the murder of black teenager Stephen Lawrence. The 1993…

Read More

Cosby judge bars defense from introducing 2005 deposition

Cosby judge bars defense from introducing 2005 deposition

Boxes of evidence are brought to the court room for actor and comedian Bill Cosby’s sexual assault retrial at the Montgomery County Courthouse in Norristown, Pennsylvania, U.S. April 23, 2018. REUTERS/Jessica Kourkounis April 23, 2018 By David DeKok NORRISTOWN, Pa. (Reuters) – Bill Cosby’s second trial on charges of drugging and sexually assaulting a onetime friend entered a third week on Monday with the judge rejecting a motion to introduce a 2005 deposition that the…

Read More

Halliburton revenue jumps on higher North American demand

Halliburton revenue jumps on higher North American demand

FILE PHOTO: Halliburton’s campus in Houston, Texas, U.S. May 18, 2017. REUTERS/Daniel Kramer/File Photo April 23, 2018 By Yashaswini Swamynathan and Liz Hampton (Reuters) – Oilfield services provider Halliburton Co <HAL.N> reported a 34 percent jump in first-quarter revenue on Monday as North American companies boosted oil and gas production amid rising oil prices. The jump in revenue came despite a $312 million writedown on Halliburton’s remaining assets in Venezuela, and a hit to earnings…

Read More

U.S. mulls sanctions reprieve for Rusal, rocking aluminum prices

U.S. mulls sanctions reprieve for Rusal, rocking aluminum prices

FILE PHOTO: Aluminium ingots are seen stored at the foundry shop of the Rusal Krasnoyarsk aluminium smelter in Krasnoyarsk, Siberia, July 27, 2016. REUTERS/Ilya Naymushin//File Photo April 23, 2018 WASHINGTON (Reuters) – The United States on Monday opened the door to sanctions relief for United Company Rusal Plc as it considered the Russian aluminum giant’s bid to avoid U.S. sanctions and weighed the potential impact of such measures on American allies and partners. The news…

Read More

Rival groups from Somali army clash at former UAE training facility

Rival groups from Somali army clash at former UAE training facility

Somali military officers attend a training programme by the United Arab Emirates (UAE) at their military base in Mogadishu, Somalia November 1, 2017. Picture taken November 1, 2017. REUTERS/Feisal Omar April 23, 2018 By Abdi Sheikh and Feisal Omar MOGADISHU (Reuters) – Rival forces in the Somali army shot at each other in the capital Mogadishu on Monday, with one group trying to storm a former United Arab Emirates-run training center, soldiers and residents said….

Read More

U.S. existing home sales rise for second straight month

U.S. existing home sales rise for second straight month

FILE PHOTO: A “For Sale” sign is seen outside a home in Cardiff, California February 22, 2016. REUTERS/Mike Blake/File Photo April 23, 2018 WASHINGTON (Reuters) – U.S. home sales increased strongly in March amid a rebound in activity in the Northeast and Midwest regions, but a dearth of houses on the market and higher prices remain headwinds as the spring selling season kicks off. The National Association of Realtors said on Monday that existing home…

Read More
1 2 3 637