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237 articles, grouped into stories

Ghana bill would give state special share rights in mining firms, draft showsGhana's draft mining bill would allow the mines minister to require ‌mining companies to issue the state a free special share with veto rights over key transactions, according to a copy reviewed by Reuters.

Reuters5d ago

Economy ghana mining bill draft

FTC opens probe into AI giants including Anthropic and OpenAIThe Federal Trade Commission is conducting an industry-wide probe into Anthropic, OpenAI and other AI labs to uncover the potential dangers their technology poses ‌to consumers, a senior FTC official told Reuters on Wednesday.

Reuters5d ago

Technology ftc ai probe

India to launch offshore mineral auction in Andaman SeaIndia's federal Ministry of Mines said on Wednesday it would launch the auction of offshore mineral blocks in the ‌Andaman Sea on Thursday, reviving a push to develop domestic deep-sea mining after an earlier attempt failed to draw bids.

Reuters5d ago

US inflation rises less than expected in August; consumer spending surgesU.S. inflation increased less than expected in August, which could see financial markets further reduce the odds of another interest rate increase from the Federal Reserve next month.

Reuters5d ago

Economy inflation report

How and why UBS could leave SwitzerlandFinance Minister Karin Keller-Sutter says the $153 ⁠bln bank is unlikely to quit its home country despite stricter capital rules. Moving to the US would involve costs ‌and ⁠risks. Yet there are ways to limit the exit bill, including ⁠through M&A. The potential gains are large.

Reuters6d ago

Economy ubs potential exit

Gold on track for monthly decline as investors brace for US inflation dataGold prices steadied on Wednesday but were headed for a monthly loss as expectations of higher interest ‌rates weighed on sentiment, while investors awaited US inflation data for clues on the Federal Reserve's next policy move.

Reuters6d ago

Economy us inflation data release

Iran appeals to US voters as American troops leave IraqThe Islamic Revolutionary Guard Corps urged Americans to vote out Donald Trump's allies in Congress as U.S. forces were due to withdraw from their remaining bases in neighbouring Iraq in a departure celebrated by Tehran.

Reuters6d ago

Government Donald Trump us iraq withdrawal

Oil gains after Trump denies he is willing to ease sanctions on IranOil prices rose on Wednesday after US President Donald Trump denied he would be willing to ‌ease sanctions on Iran while Qatar pushed for peace talks, after falling in the previous session on a recovery in crude supply from the Middle East.

Reuters6d ago

Economy Donald Trump us iran sanctions dispute

Whistleblower loses fee bid in Walgreens' $4.7 billion settlement with US statesA federal judge on Tuesday denied a whistleblower's bid to receive a cut of retail pharmacy giant Walgreens' $4.7 billion settlement in 2022 that resolved opioid-related claims by more than two dozen US states.

Reuters6d ago

Commerce opioid settlement ruling

Five things to know about the college sports bill that passed the US SenateThe US Senate passed legislation this week to regulate ‌college sports, a multibillion-dollar industry that has been upended in recent years by increased earning opportunities for student athletes.

Reuters6d ago

Education college sports bill passage

Fed's Williams sees no urgency for next Fed rate hikeFederal Reserve Bank of New York President John Williams said on Tuesday that the U.S. central bank has time to weigh economic data before deciding when to hike interest rates again, adding one more increase is likely ‌before the year ends.

Reuters6d ago

Economy fed rate hike decision

Prospect of Fed pulling too far back on communications poses volatility risk, Musalem saysToo big a pullback in the US central bank's communications could lead to higher and more volatile interest rates and inflation if the public and businesses are left to guess ‌how it would react to different economic developments, St. Louis Federal Reserve President Alberto Musalem said on Tuesday.

Reuters6d ago

Economy fed communications policy

US lawmakers including Sen. Warren push energy regulators to reject acquisition of power company AESA group of US lawmakers including Senator Elizabeth Warren asked federal energy regulators this week to reject a more than $33 billion sale of power company AES, saying it could drive up electricity ‌bills and benefit data centers at the expense of utility customers, according to a letter seen by Reuters.

Reuters6d ago

Economy Elizabeth Warren aes acquisition review

Court lets $1.9 million verdict stand, rejects challenge to customer compilation trade secretFisherBroyles LLP partner R. Mark Halligan discusses a Seattle federal judge's decision to uphold a $1.9 million jury verdict in a lawsuit a chemical distribution company filed against former employees and their new company, accusing them of misappropriating trade secrets.

Reuters6d ago

Equities end slightly lower as bond yields hold near multi-decade highsUS stocks ended the session slightly lower on Tuesday, as government bond yields continued their ascent ahead of inflation and labor market data, while investors assessed comments from Federal Reserve officials for the path of interest rates.

Reuters6d ago

Economy federal reserve interest rate decision

Gold rises after hitting seven-week low, Fed hike bets curb gainsGold rose 1% on Tuesday, recovering from a more than seven-week low hit in the previous session, but ‌remained below its 100-day moving average as concerns about inflation reinforced expectations of tighter monetary policy by the Federal Reserve.

Reuters7d ago

Dollar hits 16-month high on euro and Swiss franc as US yields top 5%The dollar rose to 16-month highs against the euro and Swiss franc on Tuesday as investors positioned for economic data that could offer clues on the Federal ‌Reserve's interest rate-hiking cycle, and with Treasury yields hovering near multi-year highs.

Reuters7d ago

US Supreme Court's Alito won't participate in climate case involving oil companiesUS Supreme Court Justice Samuel Alito will not participate in an upcoming case involving a bid by oil companies to scuttle ‌a lawsuit seeking to hold them liable for helping fuel climate change, a court official said on Monday.

Reuters7d ago

Planet Samuel Alito supreme court climate case

Trump administration asks Supreme Court to allow restrictions on transgender inmatesPresident Donald Trump's administration asked the US Supreme Court on Monday to let it enforce a policy restricting gender-affirming care for transgender inmates in federal prisons, part of his crackdown on the rights of transgender people.

Reuters7d ago

Government transgender inmate care policy challenge

Trump's AI meeting with tech CEOs to focus on finding balance, US House speaker saysPresident Donald Trump's meeting with tech CEOs on artificial intelligence on Tuesday will focus on finding a balance between innovation and oversight, House Speaker Mike Johnson said, as the federal government seeks ‌to define its role in the burgeoning technology.

Reuters7d ago

Security Mike Johnson trump ai meeting