Global equity funds attract big inflows as rate cut bets rise
(Reuters) - Demand for global equity funds rose sharply in the seven days to May 8, driven by renewed bets on Federal Reserve interest rate cuts after a softer than anticipated U.S. employment report. Investors bought a net $12.72 billion worth of...
12m ago
Suspects in alleged Russia-linked UK arson attack to face trial next year
LONDON (Reuters) - Four men will go on trial next year accused of setting fire to a London commercial property linked to Ukraine, an arson attack allegedly paid for by Russian intelligence, a British court heard on Friday. They were charged last mo...
12m ago
Basketball-Toronto awarded WNBA franchise - CBC
TORONTO (Reuters) -Toronto has been awarded a WNBA franchise, according to a report by the CBC, making it the first city outside of the United States to join the women's professional basketball league. The team will be owned by Kilmer Sports Inc., head...
13m ago
Ukraine expects energy deficit to rise in summer due to Russian attacks
KYIV (Reuters) - Ukraine may face an increase in electricity shortages this summer caused by recent Russian attacks on power stations amid rising consumption and a repair campaign at nuclear power plants, the head of the country's grid operator sai...
40m ago
Ford CFO to become vice chair, Lucid Motors exec House to succeed
(Reuters) - Ford Motor said on Friday CFO John Lawler would take on the additional role of being the company's vice chair and that former Lucid Motors finance chief Sherry House will join the company and succeed Lawler as CFO in early 2025. (Repor...
41m ago
Canada gains a net 90,400 jobs in April, jobless rate holds at 6.1%
OTTAWA, May 10 (Reuters) - Canada's economy gained a net 90,400 jobs in April, both in full-time and part-time work, and the jobless rate held at 6.1%, Statistics Canada data showed on Friday. Employment in the goods producing sector fell by a net 10,4...
41m ago
Israeli tanks encircle eastern half of Rafah
By Nidal al-Mughrabi CAIRO (Reuters) - Israeli tanks captured the main road dividing the eastern and western halves of Rafah on Friday, effectively encircling the entire eastern side of the city in the southern Gaza Strip. Residents described almos...
1h ago
Russia says protesters tried to occupy former Russian consulate in Leipzig
MOSCOW (Reuters) - Six unidentified people tried to take over a building owned by the Russian government in the German city of Leipzig on Thursday, Russia's foreign ministry said on Friday, adding that it would lodge an official complaint. It said ...
1h ago
Gaza aid could grind to a halt within days, UN agencies warn
LONDON (Reuters) - Dwindling food and fuel stocks could force aid operations to grind to a halt within days in Gaza as vital crossings remain shut, forcing hospitals to close down and leading to more malnutrition, United Nations aid agencies warned...
1h ago
ECB preparing for June rate cut, accounts show
FRANKFURT (Reuters) - Euro zone inflation is on track to ease back to 2% next year so European Central Bank policymakers concluded last month they will likely be in a position to cut interest rates in June, the account of their April meeting showed...
1h ago