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16.05 / 02:41

Reuters Racing Election President audience social reports us presidential elections US Presidential Elections 2024: Joe Biden and Donald Trump agree to two debates on June 27 and September 10

Joe Biden and Republican rival and former US President Donald Trump have agreed to two debates on June 27 and September 10, as per a Reuters report. These debates are poised to be significant moments in the November 2024 race for the White House. Biden affirmed his readiness on social media, saying, “As you said: anywhere, any time, any place." Trump responded by calling Biden “the worst debater" he has faced and confirmed his willingness to debate, posting, “I am Ready and Willing to Debate Crooked Joe at the two proposed times in June and September." Debates are high-risk for both candidates, who face a tight race and low voter enthusiasm.

16.05 / 01:21

Reuters Aviat reports Updates India cuts windfall tax on petroleum crude to ₹5,700 per metric ton from today

petroleum crude to ₹5,700 per metric ton from ₹8,400 with effect from May 16, Reuters reported. As per a notification from the government on May 15, there is no change in windfall tax for diesel and aviation turbine fuel (ATF), it added.

15.05 / 18:55

UPS Reuters Fighting Death show Videos Gaza fighting intensifies, Israel asks why armed men were at UN site

Antagonism between Israel and the United Nations worsened as the Israeli army sought an explanation for footage showing armed men next to U.N. Palestinian relief agency vehicles. Separately, India was working to bring home the body of a U.N. staffer killed in Rafah by what the global body said was tank fire. Israeli forces have in recent days pressed into the east of Rafah in pursuit of what they say are four Hamas battalions despite warnings by Israel's main ally, the United States, to hold off to avoid mass civilian casualties.

15.05 / 16:53

UPS Reuters wellness Trade electronic reports India's merchandise trade deficit rises to a four-month high of $19.1 billion in April

trade deficit stood at $19.1 billion during April 2024, up from $14.44 billion during April 2023. The goods trade deficit had stood at $15.6 billion in March 2024. The April figure fell short of economists' expectations of the merchandise deficit coming in at $17.23 billion, according to a Reuters poll.

15.05 / 16:33

Reuters Career Election country reports Who is Robert Fico? 'Anti-American', 'pro-Russian' Slovakia PM badly injured in 'assassination attempt'

Robert Fico, the Slovakia's Prime Minister, was reportedly recuperating from life-threatening injuries after he was shot multiple times in an "assassination attempt", as claimed by nation's government officials and condemned by European leaders.

15.05 / 12:55

markets COST Reuters Progressive trends show Department US consumer prices rise 0.3% in April; core CPI slows

consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for a September interest rate cut. The consumer price index rose 0.3% last month after advancing 0.4% in March and February, the Labor Department's Bureau of Labor Statistics (BLS) said on Wednesday. In the 12 months through April, the CPI increased 3.4% after climbing 3.5% in March. Economists polled by Reuters had forecast the CPI gaining 0.4% on the month and advancing 3.4% year-on-year.

15.05 / 04:39

Reuters Waters Research 2020 reports boating yachting Orcas sink yet another yacht in the Strait of Gibraltar

A pod of orcas rammed another yacht sailing through the Strait of Gibraltar until it began taking on water and sank.

15.05 / 02:59

Reuters Gap Trade President show reports testing Dollar droops ahead of crucial CPI test; yen under pressure

dollar traded near a one-month low versus the euro on Wednesday amid lower Treasury yields as traders braced for a key U.S. inflation report later in the day that could dictate the path of Federal Reserve policy. The yen languished near a two-week low, as a still-gaping yield gap between local bonds and U.S. peers continued to encourage selling of the Japanese currency.

14.05 / 19:21

Citi Reuters Southern War Inside rights Israel advances further into Rafah

Israeli tanks forged deeper into eastern Rafah on Tuesday, reaching some residential districts of the southern border city where more than a million people had been sheltering after being displaced in seven months of war. «The tanks advanced this morning west of Salahuddin Road into the Brzail and Jneina neighbourhoods. They are in the streets inside the built-up area and there are clashes,» one resident told Reuters. Video on social media showed one tank in Al-Jneina neighbourhood. Hamas' armed wing said it destroyed an Israeli troop carrier with an Al-Yassin 105 missile in the eastern Al-Salam neighbourhood, killing some crew members and wounding others. The Israel Defense Forces declined to comment.

14.05 / 13:35

markets Reuters Fox CEO Sustainability Southern reports Walmart cutting hundreds of corporate jobs, asking remote workers to return to office: report

A Walmart associate operates an autonomous forklift around the distribution center. (Credit: Walmart)

14.05 / 11:35

markets UPS Reuters Election Opinion information Foreign equity investors turn to hedging on India election jitters

options to hedge their equity portfolios against a slide in benchmark indexes as they worry that Prime Minister Narendra Modi's party may not achieve the landslide victory predicted by opinion polls just weeks ago. The last major poll had estimated that the ruling Bharatiya Janata Party (BJP) party would win 342 seats, comfortably above the 272 majority required to return to power.

14.05 / 03:59

Reuters Southern wellness reports Walmart to lay off hundreds of corporate staff and relocate others, says report

Dallas, Atlanta and Toronto are being asked to move to other central hubs such as Walmart's corporate headquarters in Bentonville as well as Hoboken or Southern c, the report added. Walmart will still let staff work remotely part-time, as long as they are in offices a majority of the time, the report said.

14.05 / 03:59

Provident Reuters CEO Research voice reports Features OpenAI unveils GPT-4o: From excitement, worry, warnings & memes — Here's how the Internet reacted to the AI conversation

OpenAI on May 13 showcased its latest AI model, GPT-4o, with a demo featuring voice interaction across text and images. This could keep the company "ahead of the race" in the global artificial intelligence landscape, Reuters reported. The GPT-4o boasts advanced audio capabilities, allowing users to engage in real-time conversations without delays and even interrupt the AI during its speech—a significant milestone in replicating natural human interaction, the report said.

14.05 / 03:06

markets UPS Reuters CME show reports inflation data Dollar drifts as traders eye US inflation data; frail yen in focus

inflation report this week that will likely shape the U.S. rates outlook, while the yen was hovering near a two-week low, stoking intervention worries. The currency market has been sedate this week, with investors seeking to gauge what the path the Federal Reserve will take this year in the wake of recent softer-than-expected U.S. labour market data and comments from central bankers.

14.05 / 03:06

markets COST Provident Reuters country reports inflation data Gold Prices Gold prices flat ahead of key US inflation data

Gold prices were flat on Tuesday, as investors awaited key U.S. inflation data that could provide more clues on the Federal Reserve's policy path.

14.05 / 03:06

markets IPO Reuters security economy Citigroup reports Aluminum products maker Novelis makes US IPO filing public

Aluminum products maker Novelis, owned by Indian conglomerate Aditya Birla Group's Hindalco Industries, made public its filing for an initial public offering in the United States on Monday. The company is moving ahead with a listing at a time when the U.S. IPO market is on a rebound this year, after a two-year lull, on hopes of a «soft landing» for the economy, where inflation falls without a recession or big job losses.

13.05 / 19:47

markets Reuters Strategy economy social tenor reports China's $138 billion stimulus bond sale starts on Friday

China's finance ministry plans to start raising 1 trillion yuan in long-awaited, long-term special treasury bonds this week to raise funds it will use to stimulate key sectors of its flagging economy. The finance ministry confirmed what four sources had told Reuters earlier on Monday that the 1 trillion yuan ($138.23 billion) of special government bonds would have tenors of 20 to 50 years and issuance will begin on May 17. The sources who have direct knowledge of the plans said 300 billion yuan worth of 20-year bonds, 600 billion yuan worth of 30-year bonds and 100 billion yuan worth of 50-year bonds would be issued.

13.05 / 16:07

UPS Reuters CME Yellow rights Rate Cut inflation data Gold dips as traders await US inflation data for more Fed rate cut cues

Gold prices dipped on Monday on profit-taking as investors looked forward to key inflation figures this week for clues on the U.S. interest rate cuts this year. Spot gold fell 0.7% to $2,342.95 per ounce by 1442 GMT. It had hit its highest level since April 22 on Friday.

13.05 / 03:19

markets Reuters Analysis Everest Zions show stage Before global scrutiny, Indian spice maker MDH faced many US rejections

Indian spice brand MDH, under scrutiny for alleged contamination in some products, has since 2021 seen an average 14.5% of its U.S. shipments rejected due to the presence of bacteria, a Reuters analysis of U.S. regulatory data found.

13.05 / 02:13

markets UPS Reuters Election Trade President Indian stock market: 8 key things that changed for market over weekend - Gift Nifty, US consumer sentiment to China CPI

Read here: Week Ahead: Inflation data, Q4 Results, FII activity, global cues among key market triggers this week On Friday, the Indian stock market benchmark indices ended higher, but lost over 2% each for the week, with heavy selling seen in broader markets. The Sensex gained 260.30 points, or 0.36%, to close at 72,664.47, while the Nifty 50 settled 97.70 points, or 0.44%, higher at 22,055.20. “Heavy FII selling, and concerns over the outcome of ongoing general elections added to the overall pressure in the markets.

12.05 / 10:53

Provident Reuters Waters country reports International Afghanistan news: Devastating floods kill 315, aid agencies warn of widening havoc

authorities declaring a state of emergency. Described the devastating floods as a “major humanitarian emergency", aid agencies have warned of widening havoc, news agency Reuters reported. Afghan authorities have reported several people missing after heavy rains on Friday that sent roaring rivers of water and mud crashing through villages and across agricultural land in several provinces, causing damage to healthcare facilities and vital infrastructure besides thousands of homes and livestock wiped out.

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