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Chinese fossils show marine animals thriving half a billion years ago
Cambrian Period fossils date to about 512 million years agoFossils show invertebrates of various shapes and sizesThey reveal animal legs, gills, guts, eyes and even nervesBy Will Dunham Jan 28 (Reuters) - Scientists have unearthed in southern China fossils of a multitude of marine creatures datin...Reuters
Wed, Jan 28
Italy bank deposit fund agrees 750-million-euro rescue for Oaktree's Banca Progetto
MILAN, Jan 28 (Reuters) - Italy's deposit protection fund (FITD) said on Wednesday it had agreed a 750-million-euro ($897,60 million) binding rescue plan for Oaktree-owned Banca Progetto, involving the country's five biggest banks.Banca Progetto, a small digital bank focused on lending to sm...Reuters
Wed, Jan 28
Mexico's Banorte sets 2026 net income guidance at 62-64 bln pesos
MEXICO CITY, Jan 28 (Reuters) - Mexican financial group Banorte on Wednesday said it expects 2026 net income between 62 billion and 64 billion Mexican pesos ($3.60 billion to $3.72 billion), a day after reporting 2025 net profit of 58.79 billion pesos. ($1 = 17.2047 Mexican pesos)Reuters
Wed, Jan 28
EU needs digital euro to become independent from US, says EU's Dombrovskis
By Jan Strupczewski BRUSSELS, Jan 28 (Reuters) - The European Union needs to quickly create a digital euro to cut the bloc's dependence on dominant U.S. payment companies, Economic Commissioner Valdis Dombrovskis said on Wednesday.The European Central Bank has been working to introduce a digi...Reuters
Wed, Jan 28
BREAKINGVIEWS-US tax-refund bonanza: easy come, easy go
By Gabriel RubinWASHINGTON, Jan 28 (Reuters Breakingviews) - The checks will soon be in the mail. By design, Republicans passed a $4.5 trillion plan last year that frontloads benefits for most Americans with income tax cuts that create an outsized windfall. Any economic uplift will be short-lived, h...Reuters
Wed, Jan 28
Rubio says U.S. has established respectful and productive dialogue with Venezuela leaders
WASHINGTON, Jan 28 (Reuters) - The United States has established a "very respectful and productive" line of communication with Venezuela's interim leaders, U.S. Secretary of State Marco Rubio said on Wednesday, following a military incursion to capture President Nicolas Maduro earlier th...Reuters
Wed, Jan 28
U.S. RESEARCH ROUNDUP- Boeing, Carvana, UnitedHealth
Jan 28 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Boeing, Carvana and UnitedHealth, on Wednesday. HIGHLIGHTS Boeing BA.N: JP Morgan raises target price to $270 from $245Carvana CVNA.N: JP Morgan raises ...Reuters
Wed, Jan 28
Trump urging Democrats not to shut down government over ICE funding, Bessent says
WASHINGTON, Jan 28 (Reuters) - Donald Trump is urging Democrats not to shut down the federal government over immigration enforcement funding, U.S. Treasury Secretary Scott Bessent said on Wednesday, adding the Republican president had sought to de-escalate the crackdown in Minnesota."President T...Reuters
Wed, Jan 28
CORRECTED-PREVIEW-Strong iPhone sales to power Apple's holiday quarter, Google AI deal in focus
iPhone revenue expected to rise 13.6% in fiscal first quarterApple leads global smartphone market with 20% share in 2025Apple's revenue expected to hit record $138.43 billionBy Akash Sriram Jan 28 (Reuters) - Apple AAPL.O is set to report its strongest iPhone sales growth in four years on Thu...Reuters
Wed, Jan 28
Bessent says disappointed by EU-India deal; South Korea must ratify trade deal
WASHINGTON, Jan 28 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday he was disappointed by Europe's decision to strike a major trade with India, saying it showed they put trade ahead of the interests of the Ukrainian people.Bessent told CNBC that Europe had been buying refined...Reuters
Wed, Jan 28
US, Canada likely to end in 'good place' on trade, US Treasury chief says
WASHINGTON, Jan 28 (Reuters) - Treasury Secretary Scott Bessent told CNBC in an interview on Wednesday that the United States and Canada would likely end up in a 'good place' on trade but warned Ottawa not to start a political fight ahead of upcoming talks on the U.S.-Mexico-Canada free trad...Reuters
Wed, Jan 28
US Treasury chief urges Fed to have 'open mind' as central bank meets
WASHINGTON, Jan 28 (Reuters) - Treasury Secretary Scott Bessent urged the Federal Reserve to have an open mind as the U.S. central bank met on Wednesday to made a decision on interest rates. Bessent, in an interview on CNBC, also said that he had spoken with U.S. President Donald Trump on Tuesday ab...Reuters
Wed, Jan 28
Trump is fit to carry out duties, says Germany's Merz
BERLIN, Jan 28 (Reuters) - Germany's Friedrich Merz has no reason to think that U.S. President Donald Trump is unable to carry out his duties for health reasons, the chancellor said on Wednesday."Based on my encounters with President Trump, I have no reason whatsoever to doubt his health,...Reuters
Wed, Jan 28
Eli Lilly signs up to $1.12 billion deal with private gene-editing firm Seamless
By Mariam Sunny and Bhanvi Satija Jan 28 (Reuters) - U.S. drugmaker Eli Lilly LLY.N signed an agreement worth up to $1.12 billion with Seamless Therapeutics, the Germany-based startup said on Wednesday, to develop and commercialize treatments for hearing loss using the biotech's gene-editing ...Reuters
Wed, Jan 28
RPT-Bessent says 500,000 have signed up for 'Trump accounts,' more donations coming
US government to deposit $1,000 in accounts for children born between 2025-2028Treasury's Bessent says more private contributions coming Nicki Minaj to join Trump at Washington eventBy Andrea Shalal WASHINGTON, Jan 28 (Reuters) - More than 500,000 families have signed up for the Trump adminis...Reuters
Wed, Jan 28
German foreign minister to promote EU-Mercosur deal on South America trip
BERLIN, Jan 28 (Reuters) - German Foreign Minister Johann Wadephul will personally lobby for the implementation of the EU's free trade deal with South American countries during a trip to region planned in March, he told lawmakers in the German parliament on Wednesday.The European Union is facing...Reuters
Wed, Jan 28
Germany's Merz: basis for ratification of EU-US trade deal in place
BERLIN, Jan 28 (Reuters) - The foundations for the ratification of an EU-U.S. trade deal is in place as long as Washington honours its commitments, German Chancellor Friedrich Merz said on Wednesday."After the U.S. president's threats to raise tariffs again, I expect that now the foundations...Reuters
Wed, Jan 28
Bessent says 500,000 have signed up for 'Trump accounts,' more donations coming
US government to deposit $1,000 in accounts for children born between 2025-2028Treasury's Bessent says more private contributions coming Nicki Minaj to join Trump at Washington eventBy Andrea Shalal WASHINGTON, Jan 28 (Reuters) - More than 500,000 families have signed up for the Trump adminis...Reuters
Wed, Jan 28
German police search Deutsche Bank offices in money laundering probe
Police search Deutsche Bank offices in Frankfurt, BerlinInvestigation related to money laundering, prosecutors sayDeutsche Bank says it is cooperating fully with prosecutorsBy Tom Sims and Matthias InverardiFRANKFURT, Jan 28 (Reuters) - German federal police searched Deutsche Bank DBKGn.DE offices i...Reuters
Wed, Jan 28
Mexico's President Sheinbaum, on oil shipments to Cuba, says "humanitarian aid continues"
Jan 28 (Reuters) - Mexican President Claudia Sheinbaum said on Wednesday that Mexico ships oil to Cuba as humanitarian aid, and that that aid continues, amid pressure from Washington to end shipments to the Caribbean country. "There are two channels through which oil is delivered to Cuba. One is...Reuters
Wed, Jan 28
