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CORRECTED-EXPLAINER-Donald Trump versus the Federal Reserve - what you need to know
By Andy Sullivan WASHINGTON, Jan 12 (Reuters) - Jerome Powell, head of the U.S. Federal Reserve, said on Sunday the Justice Department has opened a criminal investigation against him for allegedly misleading Congress about a building renovation project at the central bank’s headquarters.The a...Reuters
Fri, Jan 16
CORRECTED-RPT-EXPLAINER-Donald Trump versus the Federal Reserve - what you need to know
By Andy Sullivan WASHINGTON, Jan 12 (Reuters) - Jerome Powell, head of the U.S. Federal Reserve, said on Sunday the Justice Department has opened a criminal investigation against him for allegedly misleading Congress about a building renovation project at the central bank’s headquarters.The actio...Reuters
Fri, Jan 16
France says US action against Greenland could endanger EU trade, FT reports
Jan 16 (Reuters) - France's Finance Minister Roland Lescure has warned U.S. Treasury Secretary Scott Bessent that any move to seize Greenland would amount to a "crossed line" endangering Europe's economic relationship with Washington, the Financial Times reported on Friday. "Gree...Reuters
Fri, Jan 16
Japanese broadcaster TBS to invest $150 million in 'Dune' producer Legendary
By Kane Wu and Rhea Rose Abraham Jan 16 (Reuters) - Tokyo-based broadcaster TBS Holdings 9401.T on Friday said it agreed to invest $150 million in Legendary, a U.S. film production company. TBS said it entered into a partnership with the producer of "Dune" and "A Minecraft Movie"...Reuters
Fri, Jan 16
Tennis-Keys ready to soak up 'pinch-me moments' as defending Australian Open champion
Jan 16 (Reuters) - Madison Keys is soaking up the fun parts of returning to the Australian Open as defending champion and the American said on Friday she is eager to get a photo with her name in the champions' tunnel to send to her mother.Keys, who captured her first Grand Slam title at the tour...Reuters
Fri, Jan 16
Anthropic appoints Microsoft veteran Irina Ghose as India MD
BENGALURU, Jan 16 - Artificial intelligence startup Anthropic has appointed former Microsoft MSFT.O executive Irina Ghose as its managing director for India, the company said on Friday.Ghose served as managing director for Microsoft's India business, a role she held for two years before leaving ...Reuters
Fri, Jan 16
BREAKINGVIEWS-AI bull case gets its biggest booster
By Robyn Mak HONG KONG, Jan 16 (Reuters Breakingviews) - It is telling that the head of the world's most important chipmaker had to talk to his "customers' customers" to make sure demand for artificial intelligence is, in fact, real. But the $1.4 trillion Taiwan Semiconductor Manu...Reuters
Fri, Jan 16
PRESS DIGEST-Financial Times - January 16
Jan 16 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines- Revolut, Visa and Mastercard lose UK legal challenge over fee cap- Nato troops to be in Greenland on 'more permanent' basi...Reuters
Fri, Jan 16
Prudential Financial's Japan life unit CEO to resign after widespread staff misconduct
TOKYO, Jan 16 (Reuters) - The CEO of Prudential Financial's PRU.N Japan life insurance unit will resign following revelations of misconduct by about 100 of its employees totalling roughly 3.1 billion yen ($19.60 million), including embezzlement of funds, the Japanese company said on Friday.The d...Reuters
Fri, Jan 16
Trump accepts Nobel medal from Venezuelan opposition leader Machado
Machado said meeting was 'excellent,' but did not elaborateEncounter comes as Trump has praised Caracas' interim leader Trump has prioritized securing access to Venezuelan oil - not bringing democracy back to VenezuelaBy Steve Holland, Bo Erickson and Gram Slattery WASHINGTON, Jan 15 ...Reuters
Fri, Jan 16
US tells Mexico incremental progress on border security 'unacceptable'
MEXICO CITY, Jan 15 (Reuters) - Mexican Foreign Minister Juan Ramon de la Fuente and his U.S. counterpart, Secretary of State Marco Rubio, spoke on Thursday about security and "reaffirmed the importance of the U.S.-Mexico partnership," both governments said in a joint statement.In a post on ...Reuters
Fri, Jan 16
Australian treasurer backs RBA chief's show of solidarity with Fed's Powell
SYDNEY, Jan 16 (Reuters) - Australia's Treasurer on Friday threw his support behind the head of the country's central bank for standing in solidarity with embattled Federal Reserve Chair Jerome Powell, saying the decision was "appropriate".The Trump administration threatened Powell w...Reuters
Fri, Jan 16
Golf-McIlroy says LIV Golf losing steam with no new big names, Koepka's exit
Jan 16 (Reuters) - LIV Golf is losing steam as it has been unable to attract new major signings to its roster while the return of former world number one Brooks Koepka to the PGA Tour is a huge blow for the Saudi-backed circuit, Rory McIlroy said.Koepka's return, which comes with a hefty price t...Reuters
Fri, Jan 16
Japanese broadcaster TBS to invest $150 million in US film producer Legendary
Jan 16 (Reuters) - Tokyo-based broadcaster TBS Holdings 9401.T said on Friday that it has agreed to invest $150 million into U.S. film production company Legendary. TBS said it has entered into a partnership with the producer of 'Dune' and 'A Minecraft Movie' to build on the value of...Reuters
Fri, Jan 16
Japan's Prudential Life Insurance CEO Mabara To Step Down
Jan 16 (Reuters) - Prudential Financial Inc PRU.N:JAPAN'S PRUDENTIAL LIFE INSURANCE: CEO MABARA TO STEP DOWNJAPAN'S PRUDENTIAL LIFE INSURANCE: CONFIRMED MULTIPLE CASES OF INAPPROPRIATE FINANCIAL CONDUCT BY EMPLOYEES FOLLOWING AUGUST 2024 INVESTIGATIONSource text: [ID:]Reuters
Fri, Jan 16
Boeing secures tentative labor deal with former Spirit AeroSystems workers
Jan 15 (Reuters) - A union representing about 1,600 white-collar workers at fuselage supplier Spirit AeroSystems said on Thursday that it has reached a tentative agreement with Boeing BA.N on a new collective bargaining contract. The negotiation team for the Society of Professional Engineering Emplo...Reuters
Fri, Jan 16
Australia's treasurer supports central bank chief's decision to sign Powell statement
SYDNEY, Jan 16 (Reuters) - Australia's Treasurer Jim Chalmers said on Friday that he thought central bank Governor Michele Bullock's decision to sign a statement in support of Federal Reserve Chair Jerome Powell was "appropriate"."I know Jay Powell," said Chalmers at a briefi...Reuters
Fri, Jan 16
