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Truck maker Volvo cuts North America truck market outlook amid tariff uncertainty
By Agata Rybska and Jesus Calero April 23 (Reuters) - Truck maker Volvo VOLVb.ST lowered its North America market outlook on Wednesday, pointing to increased uncertainty around tariffs and their impact on global trade, as it reported a bigger-than-expected fall in first-quarter profit. The Swedi...Reuters
Wed, Apr 23
Democratic lawmakers question Justice Department over warning to fired official
By Andrew Goudsward and Sarah N. Lynch WASHINGTON, April 23 (Reuters) - Democratic lawmakers on Wednesday pressed the U.S. Justice Department to explain its decision to dispatch armed agents to deliver a letter warning a fired employee about her planned testimony before members of Congress.Three ...Reuters
Wed, Apr 23
More Americans exposed to false claims about measles and its vaccines, KFF poll shows
April 23 (Reuters) - Most adults and parents have read or heard false claims about measles and the measles vaccine, leaving many unsure of what to believe, a poll by the nonprofit organization KFF showed on Wednesday.The health policy nonprofit polled Americans on whether they had been exposed to th...Reuters
Wed, Apr 23
Forget the film: Vatican is preparing for the real 'Conclave'
Papal election is not about 'backroom plotting', cardinal saysFrancis lifted secrecy about scheming in 2005 conclaveConclave is 'most wonderful drama' says author HarrisViewing figures for film surged after Francis diedBy Alvise Armellini VATICAN CITY, April 23 (Reuters) - As the ...Reuters
Wed, Apr 23
Euro zone yields rise after US backs down on China trade, Fed chief
By Stefano Rebaudo April 23 (Reuters) - Euro area government bond yields rose on Wednesday as markets scaled back bets on European Central Bank interest rate cuts after the U.S. administration allayed fears of a trade war with China.Borrowing costs were roughly unchanged after a batch of data sho...Reuters
Wed, Apr 23
Portugal asks EU to activate fiscal escape clause for defence spending
LISBON, April 23 (Reuters) - Portugal will ask the European Commission to activate the so-called fiscal escape clause to allow for higher defence spending worth up to 1.5% of gross domestic product, the finance ministry said on Wednesday, one of the first member states to do so.European countries ar...Reuters
Wed, Apr 23
Iran says new US energy sanctions show 'lack of goodwill' in Iran-US talks
DUBAI, April 23 (Reuters) - New U.S. sanctions against Iran's energy sector point to Washington's "lack of goodwill and seriousness" over dialogue with Tehran, Iran's Foreign Ministry spokesperson said on Wednesday ahead of Iran-U.S. nuclear talks this weekend.On Tuesday, Washing...Reuters
Wed, Apr 23
BOJ calls on Japan banks to be vigilant against trade policy risks
TOKYO, April 23 (Reuters) - Japanese banks must monitor various risks associated with high levels of uncertainty over global trade policies, the Bank of Japan said on Wednesday, as U.S. President Donald Trump's tariffs have rocked financial markets in recent weeks.
Reuters
Wed, Apr 23
China's Jetour to launch European car sales in third quarter
By Nick Carey SHANGHAI, April 23 (Reuters) - Chinese sport-utility vehicle maker Jetour plans to launch in some European markets in the third quarter and aims to sell cars across much of the continent by 2027, an executive said on Wednesday.The automaker currently makes combustion-engine and plug...Reuters
Wed, Apr 23
Exclusive: Global Parametrics partners with Canopius to become Lloyd's coverholder
By Henry GaleApril 23 - (The Insurer) - Global Parametrics has become a Lloyd's coverholder with authority to write parametric insurance for natural perils on behalf of Canopius Syndicate 4444.The partnership is set to be announced today, according to a source close to CelsiusPro, Global Paramet...Reuters
Wed, Apr 23
South Korea to seek speedy solution on auto tariffs in US trade talks
South Korea has seen decline in U.S.-bound auto shipments since 25% tariffsSeoul prepared if defence costs raised in talks, minister saysForeign Minister says security issues separate from tariff talks By Joyce Lee and Hyunjoo Jin SEOUL, April 23 (Reuters) - South Korea's Industry Minister Ah...Reuters
Wed, Apr 23
Economic worries could weigh on airline results as European bookings drop
LONDON, April 23 (Reuters) - European airlines are set to report first-quarter results in the coming weeks, offering outlooks for the lucrative travel season amidst growing worries that economic uncertainty could slow demand and threaten earnings.Reuters
Wed, Apr 23
Fanuc President - U.S. Tariff Moves Unclear, We Can Expect Some Customers May Wait On Placing Orders
April 23 (Reuters) - Fanuc Corp 6954.T:FANUC PRESIDENT: U.S. TARIFF MOVES UNCLEAR, WE CAN EXPECT SOME CUSTOMERS MAY WAIT ON PLACING ORDERSFANUC PRESIDENT: IF MANUFACTURING IN U.S. ENTERS AN EXPANSION PHASE, THAT COULD PRESENT A BIG BUSINESS OPPORTUNITYSource text: [ID:]Reuters
Wed, Apr 23
Former Taiwan vice president to attend Pope Francis funeral
TAIPEI, April 23 (Reuters) - A former Taiwan vice president will attend this weekend's funeral of Pope Francis as the special envoy of President Lai Ching-te, the island's foreign ministry said on Wednesday after it had earlier hoped that Lai would attend.Chinese-claimed Taiwan maintains for...Reuters
Wed, Apr 23
Yields on Japan's super-long-dated bonds fall after heavy sell-off
TOKYO, April 23 (Reuters) - Yields on super-long-dated Japanese government bonds (JGBs) fell sharply on Wednesday as traders purchased such paper following a heavy sell-off earlier this month that led to the yield curve steepening.The 20-year JGB yield JP20YTN=JBTC fell 4.5 basis points (bps) to 2.1...Reuters
Wed, Apr 23
China says US should stop threats, coercion if it wants an agreement
BEIJING, April 23 (Reuters) - The U.S. should stop making threats and resorting to coercion if it wants to make a deal, the Chinese foreign ministry said on Wednesday when asked about U.S. President Donald Trump's remarks about potentially lower tariffs on China.Ministry spokesperson Guo Jiakun ...Reuters
Wed, Apr 23
Iran says new U.S. energy sanctions contradict ongoing Iran-U.S. talks - foreign ministry
DUBAI, April 23 (Reuters) - New U.S. sanctions against Iran's energy sector point to Washington's "lack of goodwill and seriousness" over dialogue with Tehran, Iran's Foreign Ministry spokesperson Esmaeil Baghaei said on Wednesday ahead of Iran-U.S. nuclear talks this weekend.Reuters
Wed, Apr 23
China's foreign minister to visit Kazakhstan and Brazil April 25-30
BEIJING, April 23 (Reuters) - China's Foreign Minister Wang Yi will visit Kazakhstan and Brazil for meetings from April 25 to 30, a foreign ministry spokesperson said on Wednesday. Wang will attend the Sixth China-Central Asia Foreign Ministers' Meeting and hold the Second China-Kazakhstan F...Reuters
Wed, Apr 23
FSB chair calls for vigilance on financial sector vulnerabilities
April 23 (Reuters) - The chair of the Basel-based Financial Stability Board Klaas Knot on Wednesday called on regulators to remain vigilant on financial sector vulnerabilities."The global risk outlook has become more challenging amid increased trade and economic policy uncertainty," Knot sai...Reuters
Wed, Apr 23
