Britain is betting everything on historic tax cuts and loans, investors scare

Register now for FREE unlimited access to Register Kwarteng lowers top income tax rate for growth Huge increase in UK sovereign debt issuance planned Stamps suffer worst malaise in decades Pound falls to new 37-year low against dollar LONDON, Sept. 23 (Reuters) – Britain’s new Chancellor of the Exchequer, Kwasi Kwarteng, on Friday unleashed … Read more

IDB Directors unanimously recommend firing Claver-Carone after ethical investigation

Visitors walk past a screen displaying the Banco Interamericano de Desarrollo (BID) logo at the Atlapa Convention Center in Panama City March 13, 2013. REUTERS/Carlos Jasso Register now for FREE unlimited access to Register WASHINGTON, Sept. 22 (Reuters) – The board of directors of the Inter-American Development Bank voted unanimously on Thursday to recommend … Read more

Exclusive: Medical journals broaden investigation into possible misconduct in heart research

WASHINGTON, Sept. 13 (Reuters) – Three medical journals recently launched independent investigations into possible data manipulation in heart studies led by Temple University researchers, Reuters has learned, adding a new inquiry to an investigation into misconduct by the university and the U.S. government. The Journal of Molecular and Cellular Cardiology and the Journal of Biological … Read more

Chairman of Russian oil producer Lukoil dies after falling from hospital window – source

Register now for FREE unlimited access to Register This content was produced in Russia, where the law limits coverage of Russian military operations in Ukraine. MOSCOW, Sept. 1 (Reuters) – Ravil Maganov, chairman of Russia’s second-largest oil producer, Lukoil (LKOH.MM), died Thursday after falling from a hospital window in Moscow, a source familiar with … Read more

Analysis: Forget showering, it’s eating or warming up for shocked Europeans hit by an energy crisis

Energy share in household spending reaches record highs in Europe Rising bills force households to save energy Crisis in Europe seems worse than in other developed economies LONDON, Aug 26 (Reuters) – No more ironing, limited oven use and showering at work – Europeans are trying to keep their energy consumption low, but bills continue … Read more

Money-rich Germany criticized by money laundering watchdog

FRANKFURT, Aug. 25 (Reuters) – Germany has been criticized by a global watchdog for not doing enough to tackle money laundering, such as by prosecuting very few for the crime, despite being one of the world’s largest money centers . The report of the Financial Action Task Force (FATF), a global body that groups countries … Read more

Fauci, face of US COVID response, to step down from government posts

Immunologist was an advisor to seven presidents Fauci was vilified by Trump and Republican lawmakers He faced death threats because of pandemic policies Aug 22 (Reuters) – Dr. Anthony Fauci, the top U.S. infectious disease official who became the face of the U.S. COVID-19 pandemic response under Presidents Donald Trump and Joe Biden, announced Monday … Read more

Factbox: Major banks expect more than $1 billion in fines for WhatsApp use

Aug 22 (Reuters) – Banking giants such as JPMorgan Chase & Co (JPM.N) and Bank of America (BAC.N) collectively face more than $1 billion in regulatory fines for employees’ use of unapproved messaging tools, including email and apps like WhatsApp. The U.S. Securities and Exchange Commission (SEC) began investigating banks’ accounting practices regarding the use … Read more

South Korea’s Yoon Pardons Samsung’s Jay Y. Lee to Fight ‘Economic Crisis’

Samsung scion spent 18 months in prison for bribery S.Korea says leaders needed to help overcome economic crisis Samsung may increase investment with Lee grace – analysts SEOUL, Aug. 12 (Reuters) – South Korean President Yoon Suk-yeol on Friday pardoned Samsung Electronics (005930.KS) Vice Chairman Jay Y. Lee, with the South Korean Ministry of Justice … Read more

US House panel has right to access Trump tax data, court rulings

WASHINGTON, Aug. 9 (Reuters) – A U.S. House of Representatives committee has the right to see former President Donald Trump’s tax returns, a federal appeals court ruled Tuesday, rejecting its claim that the request was invalid because it was politically motivated. The U.S. Court of Appeals for the District of Columbia Circuit ruled against the … Read more