By Alex Lawler LONDON (Reuters) – The surprise oil output cuts announced on Sunday by OPEC+ members illustrate their greater power over the market, given limited supply growth by other producers such as U.S. shale firms and still-growing demand despite the energy transition. Oil has jumped to $85 a barrel since members of the Organization …
Analysis-OPEC+ in driver’s seat as oil supply growth lags demand Read More »
(This April 3 story has been corrected to fix the amount of Micron’s planned investment for New York factory to up to $100 billion instead of $15 billion, in paragraph 4.) By Stephen Nellis (Reuters) – Micron Technology Inc on Monday said that its business operations in China are normal while it is cooperating with …
Micron says operations normal in China amid government review Read More »
By Lindsay Dunsmuir and Ann Saphir (Reuters) – A key gauge of labor market tightness that Federal Reserve Chair Jerome Powell has cited throughout the central bank’s aggressive interest-rate hike campaign dropped to its lowest level since late 2021, a sign that a long-awaited cooling is underway and easing concerns borrowing costs will have to …
Traders bet Fed won’t raise rates further as job market cools Read More »
CIUDAD DE MÉXICO, 4 abr (Reuters) – El árbitro mexicano Fernando Hernández fue sancionado con 12 partidos de suspensión tras propinar un rodillazo en la entrepierna a un futbolista durante el partido del América contra el León, informó el martes la federación local. Durante un enfrentamiento, Hernández propinó un rodillazo al centrocampista del León Lucas …
Árbitro mexicano recibe 12 partidos de sanción por rodillazo a jugador Read More »
WASHINGTON, 4 abr (Reuters) – Un importante miembro del Cártel de Sinaloa, que lideró el capo mexicano Joaquín “El Chapo” Guzmán, compareció ante un tribunal en Estados Unidos para responder a cargos de tráfico de drogas y armas de fuego, dijo el martes el Departamento de Justicia estadounidense. Jorge Iván Gastélum Ávila, conocido con el …
BRUSSELS (Reuters) – European Commission President Ursula von der Leyen will travel with French President Macron to Beijing for a joint meeting with Chinese President Xi Jinping on Thursday, having said the European Union must reduce its economic dependence on China. Von der Leyen said the bloc could not decouple from China, but needed to …
Factbox-Economic reliance on China that EU wants to ‘rebalance’ Read More »
ROME (Reuters) – Italy’s competitiveness will suffer relative to European Union peers if the popular ChatGPT chatbot is not reactivated soon, Deputy Prime Minister and Infrastructure Minister Matteo Salvini said on Tuesday. Microsoft-backed OpenAI took ChatGPT offline in Italy on Friday after the national data protection agency raised concerns over possible privacy violations, and for …
Italy will fall behind if ChatGPT not reactivated soon – deputy PM Read More »
By Blake Brittain (Reuters) – Apple Inc lost a bid to register part of a federal trademark for “Apple Music” on Tuesday after a U.S. appeals court ruled for a jazz musician who challenged the tech giant’s application. The U.S. Court of Appeals for the Federal Circuit rejected Apple’s argument that it had priority over …
Apple Music trademark application blocked by U.S. appeals court Read More »
WASHINGTON (Reuters) – A top member of the powerful Mexican drug cartel formerly led by notorious kingpin Joaquin “El Chapo” Guzman is facing international drug trafficking and firearms charges after being extradited to the U.S., the Justice Department said on Tuesday. Describing Jorge Ivan Gastelum Avila as a Sinaloa Cartel assassin and “plaza boss” in …
Ally of Mexico’s ‘El Chapo’ extradited to US over drug charges Read More »
LONDON (Reuters) – Britain is considering plans to create a distinction in equality laws between a person who was born a particular sex and someone who has transitioned to become that sex. Britain’s minister for women and equalities, Kemi Badenoch, wrote to the head of the Equality and Human Rights Commission, the equalities watchdog, to …
UK considering new definition of sex in equality laws Read More »
