FAN Editor, Author at FAN

Euro up on Brexit deal hopes, trade caution caps dollar

Posted on October 15, 2019 by FAN Editor

FILE PHOTO: United States one dollar bills are seen on a light table at the Bureau of Engraving and Printing in Washington November 14, 2014. REUTERS/Gary Cameron/File Photo October 15, 2019 By Tomo Uetake SYDNEY (Reuters) – The dollar hovered below 2-1/2-month highs against the yen on Tuesday, failing to extend recent gains as optimism over trade negotiations between the world’s two largest economies and for an orderly British exit from the European Union started…

Fed’s Bullard: risks remain high, Fed on ‘meeting by meeting’ basis

Posted on October 15, 2019 by FAN Editor

FILE PHOTO: St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS/Edgar Su/File Photo October 15, 2019 WASHINGTON (Reuters) – St. Louis Federal Reserve Bank President James Bullard said global trade and other risks remain high for a U.S. economy that may slow more sharply than expected. As a result, the Fed “may choose to provide additional accommodation going forward, but decisions will be made on…

Bulgarian PM urges soccer chief to resign amid racism furor

Posted on October 15, 2019 by FAN Editor

FILE PHOTO: Bulgaria’s Prime Minister Boyko Borissov leaves a European Union leaders summit in Brussels, Belgium July 1, 2019. REUTERS/Francois Lenoir/File Photo October 15, 2019 SOFIA (Reuters) – Bulgarian Prime Minister Boyko Borissov has called on the president of the country’s football union (BFU) to resign following racist abuse that marred the Euro 2020 qualifier between Bulgaria and England on Monday, the sports minister said. “The prime minister called me urgently a short time ago,”…

Syrian troops enter northern towns and villages, setting up a potential clash with Turkish-led forces

Posted on October 15, 2019 by FAN Editor

Syrian government troops moved into towns and villages in northeastern Syria on Monday, including the flash point region of Manbij, setting up a potential clash with Turkish-led forces advancing in the area as long-standing alliances in the region began to shift or crumble following the pullback of U.S. forces. The Syrian military’s deployment near the Turkish border came after Syrian Kurdish forces previously allied with the U.S. said they had reached a deal with President Bashar…

Spain braced for more protests after imprisonment of Catalan leaders provokes outrage

Posted on October 15, 2019 by FAN Editor

Police clash with protestors following the sentencing of nine Catalan separatist leaders on October 14, 2019 in Barcelona, Spain. Alex Caparros | Getty Images News | Getty Images Spain is braced for more protests in Catalonia as anger mounts over jail terms meted out to pro-independence leaders in the region. There were violent clashes in Barcelona Monday following the prison sentences, which totaled almost 100 years to prominent separatist leaders in Catalonia’s independence movement. Spain’s…

WeWork reportedly expected to lay off 2,000 workers as early as this week

Posted on October 15, 2019 by FAN Editor

A WeWork logo is seen at a WeWork office in San Francisco, September 30, 2019. Kate Munsch | Reuters WeWork is expected to lay off at least 2,000 people, about 13% of its staff, as soon as this week, the Guardian newspaper reported. WeWork staff told the Guardian that they believe the cuts will not stop there, suggesting more of the company’s 15,000 person workforce could be sacked. The Information reported in September that executives…

Volkswagen delays final decision on Turkey plant – Handelsblatt

Posted on October 15, 2019 by FAN Editor

FILE PHOTO: A new logo of German carmaker Volkswagen at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer/ October 15, 2019 FRANKFURT (Reuters) – Volkswagen <VOWG_p.DE> has postponed its final decision to build a car plant in Turkey amid international criticism of the country’s military operation in northern Syria and concerns about potential reputational fallout, Handelsblatt reported on late on Monday. “We are observing the situation with great concern,” a company spokesman…

Poll showing fall in support dims election outlook for New Zealand’s Ardern

Posted on October 15, 2019 by FAN Editor

FILE PHOTO: Prime Minister of New Zealand Jacinda Ardern speaks during the Bloomberg Global Business Forum in New York City, New York, U.S., September 25, 2019. REUTERS/Shannon Stapleton/File Photo October 15, 2019 WELLINGTON (Reuters) – New Zealand Prime Minister Jacinda Ardern is pleased with her government’s progress, she said on Tuesday, after two closely watched opinion polls showed support for her ruling coalition at its lowest since 2017, and her own popularity waning. Ardern, 39,…

British police order a halt to climate change protests in London

Posted on October 15, 2019 by FAN Editor

FILE PHOTO: Climate change activists attend an Extinction Rebellion demonstration in London, Britain, October 12, 2019. REUTERS/Henry Nicholls October 15, 2019 LONDON (Reuters) – British police have ordered a halt to Extinction Rebellion protests in London after a week of civil disobedience by climate change activists who have targeted government building and major financial institutions. “Any assembly linked to the Extinction Rebellion ‘Autumn Uprising’… must now cease their protest(s) within London,” the police said in…

California governor demands PG&E accountability for mismanaging power shutoffs

Posted on October 15, 2019 by FAN Editor

Restaurant owner Emily Schiffman checks her phone behind a candle-lit bar at Reel and Brand in Sonoma, California, on October 9, 2019, during a planned power outage by the Pacific Gas & Electric (PG&E) utility company. Brittany Hosea-Small | AFP | Getty Images California Governor Gavin Newsom said on Monday that utility Pacific Gas and Electric should be held accountable for mismanaging last week’s widespread power shutoffs and urged the company to provide credits or…

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