Exclusive-Saudi Arabia wants to see “verifiable deeds” from talks with Iran, says official

© Reuters. FILE PHOTO: The Iranian flag waves in front of the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria, March 1, 2021. REUTERS/Lisi Niesner/File Photo By Ghaida Ghantous DUBAI (Reuters) – A Saudi foreign ministry official said on Friday that talks between Saudi Arabia and Iran aim to reduce regional tensions, but added […]

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Italy’s economy seen growing 4.1% this year, business lobby says

© Reuters. Outbreak of the coronavirus disease (COVID-19) in Rome ROME (Reuters) – Italy’s virus-hit economy is expected to grow 4.1% this year and 4.2% in 2022 in an “uncertain ascent from the abyss”, the country’s business lobby Confindustria said on Saturday. The Italian economy shrank by a post-war record of 8.9% last year, and […]

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U.S. Senate parliamentarian says Democrats can use reconciliation to pass more bills

© Reuters. U.S. Senate Majority Leader Schumer holds news conference at the U.S. Capitol in Washington WASHINGTON (Reuters) -The U.S. Senate parliamentarian ruled on Monday that Democrats may use a procedural tool known as reconciliation to pass more legislation this year, a spokesman for Democratic leader Chuck Schumer said, which could clear the way for […]

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Biden will push through infrastructure plan if no Republican support -energy secretary says

2/2 © Reuters. Daily press briefing at the White House in Washington 2/2 By Katanga Johnson and Doina Chiacu WASHINGTON (Reuters) -U.S. President Joe Biden would be willing to push through his $ 2 trillion infrastructure plan without the support of Republican lawmakers if he cannot reach a bipartisan deal, Energy Secretary Jennifer Granholm said […]

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Suez Canal says close to clearing backlog after ship dislodged

© Reuters. A container ship sails at the Suez Canal, in Ismailia CAIRO (Reuters) – The Suez Canal said on Friday it was close to clearing a backlog of shipping that built up when a giant container ship was grounded in the waterway. Suez Canal Authority (SCA) Chairman Osama Rabie told Egypt’s Extra News TV […]

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Stellantis to halt production at Italian car plant in April, union says

© Reuters. FILE PHOTO: The logo of Stellantis is seen at the main entrance of the FCA Mirafiori plant in Turin MILAN (Reuters) – Carmaker Stellantis will halt production at its plant in Melfi, southern Italy for the period April 2-12 because of low demand triggered by the COVID-19 crisis, the UILM union said on […]

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Nomura says it has cancelled its planned sale of USD-denominated bonds

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do […]

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China, Iran expected to sign 25-year accord, Iranian state media says

© Reuters. China’s Foreign Minister Wang Yi listens to Iran’s Foreign Minister Mohammad Javad Zarif during a meeting at the Diaoyutai state guest house in Beijing DUBAI (Reuters) – Chinese Foreign Minister Wang Yi arrived in Iran on Friday for a visit that Iranian state media said would see the signing of a 25-year cooperation […]

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Dollar likely to rise, but rally will lose steam later in 2021, Forum says

© Reuters. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration By Divya Chowdhury and Lisa Pauline Mattackal (Reuters) – Economic growth and higher bond yields will keep the U.S. dollar stronger for now, but the rally will lose steam later in 2021 because of a dovish Federal Reserve and rising […]

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