European Central Bank (ECB) President Mario Draghi waits to address the European Parliament’s Economic and Monetary Affairs Committee in Brussels, Belgium September 25, 2017. REUTERS/Francois Lenoir October 13, 2017 WASHINGTON (Reuters) – The euro zone continues to need substantial monetary stimulus as the European Central Bank has not yet managed […]
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Kenya’s Odinga says October poll would be illegal
Kenya’s opposition party leader, Raila Odinga, prepares for an interview with journalists in London, Britain October 13, 2017. REUTERS/Peter Nicholls October 13, 2017 By Karin Strohecker LONDON (Reuters) – Kenya’s opposition leader Raila Odinga said on Friday his withdrawal from a presidential election rerun scheduled for Oct. 26 meant the […]
Italy needs new ECB rules on bad debt: IMF’s Thomsen
International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at opening news conference as a part of the IMF/World Bank annual meetings in Washington, U.S., October 12, 2017. REUTERS/Yuri Gripas October 13, 2017 WASHINGTON (Reuters) – The International Monetary Fund supports the European Central Bank’s new proposals to tackle non-performing […]
EU mulls Brexit summit gesture, May hints on cash
Britain’s Prime Minister Theresa May speaks to patients during a round table discussion as they visit the Renal Transplant Unit at the Royal Liverpool University Hospital, Liverpool, Britain, October 12, 2017. REUTERS/Christopher Furlong/Pool October 13, 2017 By Gabriela Baczynska and Alastair Macdonald LUXEMBOURG/BRUSSELS (Reuters) – EU governments wrangled on Friday […]
Wells Fargo hit by legal costs, revenue misses Street view
FILE PHOTO: A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, U.S. February 10, 2015. REUTERS/Jim Young/File Photo October 13, 2017 (Reuters) – Wells Fargo & Co <WFC.N> earnings scraped past Wall Street estimates but revenue missed for the fourth straight quarter, sending shares of the […]
Gasoline boosts U.S. consumer prices, but underlying inflation muted
FILE PHOTO: Customers shop at a Whole Foods store in New York City, U.S., August 28, 2017. REUTERS/Brendan McDermid/File Photo October 13, 2017 WASHINGTON (Reuters) – U.S. consumer prices recorded their biggest increase in eight months in September as gasoline prices soared in the wake of hurricane-related production disruptions at […]
U.S. retail sales surge, driven by autos and gasoline purchases
FILE PHOTO: A girl looks at pajamas while shopping at a Walmart store in Secaucus, New Jersey, U.S., November 11, 2015. REUTERS/Lucas Jackson/File Photo October 13, 2017 WASHINGTON (Reuters) – U.S. retail sales recorded their biggest increase in 2-1/2 years in September likely as reconstruction and clean-up efforts in areas […]
Allies press Catalan leader to declare full independence, ignore Madrid deadlines
People walk under a huge Catalan flag during Spain’s National Day in Barcelona. REUTERS/Gonzalo Fuentes October 13, 2017 By Isla Binnie and Paul Day MADRID (Reuters) – Catalan leader Carles Puigdemont came under pressure from one of his key allies on Friday to declare full independence and ignore a threat […]
South Africa’s Zuma ‘disappointed’ by court ruling over corruption charges
FILE PHOTO: South Africa’s President Jacob Zuma addresses an anti-crime meeting in Elsie’s River, Cape Town, South Africa May 30, 2017. Picture taken May 30, 2017. REUTERS/Mike Hutchings/File Photo October 13, 2017 JOHANNESBURG (Reuters) – South Africa’s President Jacob Zuma said on Friday he was “disappointed” by a Supreme Court […]
Nadal overcomes Dimitrov to make Shanghai Masters semi
Tennis – Shanghai Masters tennis tournament – Shanghai, China – October 13, 2017 – Rafael Nadal of Spain celebrates his win against Grigor Dimitrov of Bulgaria. REUTERS/Aly Song October 13, 2017 (Reuters) – World number one Rafa Nadal battled past Bulgarian Grigor Dimitrov 6-4 7-6(4) 6-3 and into the semi-finals […]