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U.S. President Joe Biden steps from Marine One upon his return to the White House in Washington, U.S., November 6, 2023.REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsPHILADELPHIA, Nov 7 (Reuters) - Andrea Singmaster is thankful for President Joe Biden. "I love Joe Biden. The contrast between the popularity of the Biden agenda and the unpopularity of its pitchman, even among some party loyalists, is a major concern for Democrats going into 2024. Biden's approval rating is hovering around 40%, near the lowest level of his presidency, according to the latest Reuters/Ipsos poll. Still, the polls are hastening calls from some Democrats for the Biden campaign to focus less on him and his "Bidenomics" pitch and more on the dangers they say Trump poses.
Persons: Joe Biden, Kevin Lamarque, Andrea Singmaster, Biden, Singmaster, Democratic longshot Dean Phillips, Donald Trump, He's, James Carville, Trump, Joseph Foster, Foster, SCRANTON JOE, Scranton Joe playbook, Biden's, it's, Julie Chavez Rodriguez, Kamala Harris, St . Louis, Harris, Jarrett Renshaw, Heather Timmons, Rod Nickel Organizations: Marine, White, REUTERS, Rights, Democratic, Republican, Biden, America, Reuters, Trump, New York Times, Sienna College, SCRANTON, Scranton, Thomson Locations: Washington , U.S, Philadelphia, Pennsylvania, Montgomery County, Scranton , Pennsylvania, St .
Nov 7 (Reuters) - Qraft Technologies on Tuesday launched its fifth exchange-traded fund (ETF) that relies on artificial intelligence to select holdings, continuing its expansion of the niche AI ETF market. The LG Qraft AI-Powered U.S. Large-Cap Core ETF will combine Qraft's existing AI models with additional AI-powered forecasting tools developed by LG (003550.KS), the South Korean electronics conglomerate. LG AI Research, a division of LG, has been applying artificial intelligence to everything from supply and demand forecasting to raw materials purchasing decisions. Qraft is a financial technology firm based in Seoul, South Korea that has developed and launched a suite of AI-powered ETFs traded on U.S. exchanges. LG AI Research's 260-person engineering team adds large language modeling tools, he said, referring to artificial intelligence tools that are trained to recognize, understand and analyze text.
Persons: Francis Oh, Suzanne McGee, Michelle Price, Rod Nickel Organizations: Technologies, LG, Research, Asia Pacific, Morningstar Direct, Management, Thomson Locations: Seoul, South Korea
A padlock is seen in front of the word 'spyware' and binary code in this illustration taken May 4, 2022. Analysis of the journalist's phone showed an infiltration attempt on Aug. 23, OCCRP's co-founder Drew Sullivan told Reuters. Sullivan said an internal forensic investigation tied the intrusion effort against Mangnale's phone to Israeli firm NSO's Pegasus hacking tool. The spyware allows hackers sweeping access to the targets' smartphones, allowing them to record calls, intercept messages and transform the phones into portable listening devices. The Indian government has denied such allegations and last week Information Technology Minister Ashwini Vaishnaw said that the government was investigating the complaints of phone hacking.
Persons: Dado Ruvic, OCCRP's, Drew Sullivan, Anand Mangnale, Sullivan, wasn't, Rocky Cole, Ashwini Vaishnaw, New Delhi didn't, Zeba Siddiqui, Raphael Satter, Munsif, Rod Nickel Organizations: REUTERS, FRANCISCO, NSO Group, Reuters, Apple, Pegasus, NSO, Technology, Indian Embassy, Thomson Locations: WASHINGTON, Indian, India, Delhi, Washington, New Delhi, BENGALURU
NFL football helmets are seen on display in Tampa, Florida, U.S., February 3, 2021. REUTERS/Eve Edelheit/File Photo Acquire Licensing RightsNov 6 (Reuters) - U.S. maker of football helmets and gear Riddell is exploring a sale, the company told Reuters, in a deal that could value it at around $800 million, people familiar with the matter said. Riddell was founded in 1929 by John T. Riddell who invented gear such as removable football cleats and plastic helmet shells. Fenway Partners acquired Riddell Sports Group in 2003 and combined it with Bell Sports in 2004. In 2014, Fenway again changed the company's name to BRG Sports for its core Bell, Riddell and Giro brands and sold its Easton baseball and softball business to Bauer Performance Sports.
Persons: Eve Edelheit, Riddell, Robert W, Baird, John T, Abigail Summerville, Rod Nickel Organizations: REUTERS, Reuters, National Football League, UBS Group, Co, Fenway Partners, Riddell Sports Group, Bell Sports, Easton Sports, Fenway, Sports, Bell, Giro, Easton, Bauer Performance Sports, Vista, Blackburn, BRG Sports, Marucci Sports, Fox Factory Holding, Thomson Locations: Tampa , Florida, U.S, Easton, Bell, New York
REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Nov 6 (Reuters) - Ratings agency Moody's (MCO.N) is creating a unit to research and rate private credit, the firm said on Monday. The global private credit market, with more than $1.3 trillion in assets under management, makes up about 12% of the alternatives market, investment firm BlackRock said in a recent report. Private credit is largely owned by buy-and-holdinvestors such as pension funds, endowments, foundations and insurance companies, the report said. "The rapid growth of the private credit market in recent years has introduced new challenges and opportunities for investors, who are looking for fresh analysis from a trusted source," said Moody's president Michael West. The private credit group will have a team of more than 50 analysts in different geographies looking into private credit in institutions such as business development companies, collateralized loan obligations, insurance and asset management companies.
Persons: Andrew Kelly, Ana Arsov, BlackRock, Michael West, Moody's, Arsov, Simon Harris, Tatiana Bautzer, Rod Nickel Organizations: Moody's Corporation, REUTERS, Moody's Investors Service, Thomson Locations: Manhattan , New York, U.S
... Acquire Licensing Rights Read moreLONGMONT, Colorado, Nov 6 (Reuters) - A Colorado jury found police officer Nathan Woodyard not guilty of manslaughter in the 2019 killing of Elijah McClain, a young Black man who died after police placed him in a chokehold during an arrest and medics injected him with a sedative. Two paramedics face separate trials this month for their role in giving McClain ketamine, a powerful sedative at times used on highly agitated patients. The death of McClain, 23, inspired sweeping police reforms in Colorado in 2020, including the banning of chokeholds like the one he was put in. "Nathan Woodyard did not kill Elijah McClain, he's not responsible for what other people did," defense attorney Andrew Ho said in his closing argument. "Ketamine is what killed Elijah McClain."
Persons: Elijah McClain, Jared Polis, Nathan Woodyard, Randy Roedema, Jason Rosenblatt, McClain, George Floyd, Woodyard, Jason Slothouber, Slothouber, he's, Andrew Ho, Brad Brooks, Paul Thomasch, Rod Nickel Organizations: Aurora Police Department, Minneapolis police, Colorado Gov, Adams, Prosecutors, Thomson Locations: Denver , Colorado, U.S, Colorado, McClain, Minneapolis, Denver, Aurora, chokeholds, Broomfield Counties, Longmont , Colorado
[1/2] An Ericsson sign is seen at the third China International Import Expo (CIIE) in Shanghai, China November 5, 2020. REUTERS/Aly Song Acquire Licensing RightsBRUSSELS, Nov 6 (Reuters) - Electronics makers Siemens (SIEGn.DE), Ericsson (ERICb.ST) and Schneider Electric (SCHN.PA), along with industry group DigitalEurope warned on Monday that onerous proposed EU rules targeting cybersecurity risks of smart devices could disrupt supply chains on a scale similar to during the pandemic. They said disruptions could hit millions of products, ranging from washing machines to toys, cybersecurity products, as well as vital components for heat pumps, cooling machines and high-tech manufacturing. "We risk creating a COVID-style blockage in European supply chains, disrupting the single market and harming our competitiveness," the companies said. They also want more flexibility to self-assess cybersecurity risks.
Persons: Aly, Thierry Breton, Vera Jourova, Robert Bosch, Foo Yun Chee, Rod Nickel Organizations: Ericsson, China, REUTERS, Rights, Electronics, Siemens, Schneider, European, European Union, Nokia, Robert, Robert Bosch GmbH, EU, Thomson Locations: Shanghai, China, Rights BRUSSELS, EU, Slovakian
[1/2] Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. The job growth slowdown underscored views that the Federal Reserve may be done hiking interest rates. Benchmark 10-year yields fell as low as 4.484%, the lowest since Sept. 26. The U.S. dollar index dropped to a six-week low after the jobs data. In afternoon trading, the dollar index fell 1.111%, with the euro up 1.07% to $1.0734.
Persons: Brendan McDermid, Detroit's, Brad McMillan, Jerome Powell, Caroline Valetkevitch, Harry Robertson, Chibuike, Jacqueline Wong, Miral Fahmy, Alison Williams, Mark Heinrich, Rod Nickel, Diane Craft Organizations: New York Stock Exchange, REUTERS, U.S, Treasury, Federal, United Auto Workers, Commonwealth Financial Network, Bank of England, Traders, U.S . Treasury, Dow Jones, Nasdaq, Apple, Brent, Thomson Locations: New York City, U.S, Waltham , Massachusetts, Central, New York, London
Some warehousing operations as well as distribution, logistics and refrigeration businesses no longer fit into Femsa's strategy and may be sold, Fonseca said. Femsa's shares have surged more than 40% this year after shedding 4.8% in 2022. Femsa, which last year acquired Swiss kiosk operator Valora for $1.15 billion, plans to concentrate on its retail, bottling and financial technology (fintech) operations. Femsa is capitalizing on the ubiquity of its Oxxo stores by promoting fintech services in them, such as digital accounts and debit cards, Fonseca said. Femsa's scale has allowed it to automate some processes, and it is looking for ways to cut energy costs, he said.
Persons: Daniel Becerril, Juan Fonseca, Fonseca, Femsa, Valentine Hilaire, Christian Plumb, Rod Nickel Organizations: Coca, Coke, REUTERS, MEXICO CITY, Heineken, Reuters, Televisa, Alfa, Thomson Locations: Coca Cola, Monterrey, Mexico, MEXICO, U.S, Jetro, Swiss
Zelenskiy said in his nightly video address that Colonel Serhiy Lupanchuk would now head the forces and described him as "an experienced officer, combat officer and the right man in command". The president said Lupanchuk's predecessor, Maj-Gen. Viktor Horenko, who led the forces from July 2022, "will continue to perform special tasks" within the Defence Ministry's Intelligence Directorate. The special forces are believed to be behind the most sophisticated operations Ukraine's military has conducted in areas under Russian control, in particular Crimea, annexed by Moscow in 2014, eight years before Moscow's full land invasion. The special forces are also responsible for military information and psychological operations, as well as the organization of resistance in occupied territories. Zelenskiy this week praised Ukraine's military for diminishing Moscow's military strength in the Black Sea through increased air and sea drone attacks on Russian military targets.
Persons: Volodymyr Zelenskiy, Zelenskiy, Serhiy Lupanchuk, Viktor Horenko, Horenko, General Valery Zaluzhnyi, Zaluzhniy, Ron Popeski, Oleksandr Kozhukhar, Rod Nickel Organizations: Defence Ministry's Intelligence, Pravda, Fleet, Economist, Thomson Locations: Moscow, Crimea, Sevastopol, Black
[1/2] Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. The job growth slowdown underscored views that the Federal Reserve may be done hiking interest rates. The data also showed the increase in annual wages was the smallest in nearly 2-1/2 years, pointing to an easing in labor market conditions. The pan-European STOXX 600 index (.STOXX) rose 0.17% and MSCI's gauge of stocks across the globe (.MIWD00000PUS) gained 1.44%. The U.S. dollar index dropped to a six-week low after the jobs data.
Persons: Brendan McDermid, Detroit's, Brad McMillan, Jerome Powell, Caroline Valetkevitch, Harry Robertson, Chibuike Oguh, Jacqueline Wong, Miral Fahmy, Alison Williams, Mark Heinrich, Rod Nickel Organizations: New York Stock Exchange, REUTERS, U.S, Treasury, Federal, United Auto Workers, Commonwealth Financial Network, Bank of England, U.S . Treasury, Dow Jones, Nasdaq, Apple, Brent, Thomson Locations: New York City, U.S, Waltham , Massachusetts, Central, New York, London
E. Jean Carroll exits the Manhattan Federal Court following the verdict in the civil rape accusation case against former U.S. President Donald Trump, in New York City, U.S., May 9, 2023. REUTERS/David Dee Delgado Acquire Licensing RightsNEW YORK, Nov 3 (Reuters) - A federal judge said Donald Trump will face an anonymous jury as it decides how much he should pay E. Jean Carroll for defaming the writer in 2019 by denying that he raped her. U.S. District Judge Lewis Kaplan in Manhattan said he found "strong reason" to provide special protections for jurors at the scheduled Jan. 16, 2024 civil trial. Neither Carroll, a former Elle magazine columnist, nor Trump, nor anyone else objected to using an anonymous jury, the judge said. Another anonymous jury in May ordered Trump to pay Carroll $5 million for sexual assault and defamation in a second lawsuit, after Trump again denied her claims in October 2022.
Persons: Jean Carroll, Donald Trump, David Dee Delgado, District Judge Lewis Kaplan, president's, Carroll, Kaplan, Letitia James, Trump, Goodman, Joe Biden, Jonathan Stempel, Rod Nickel Organizations: U.S, REUTERS, District, Trump, Mr, Elle, Republican, Democratic, Court, Southern District of, Thomson Locations: Manhattan, New York City, U.S, New, Carroll's, Southern District, Southern District of New York, New York
Unusually hot and dry weather in Mato Grosso has caught traders’ attention. October weather in North Mato Grosso BrazilIn Brazil’s southern state of Parana, October rainfall totaled around 350 mm (13.8 inches), the most for any month in at least 25 years. It is unhelpful in this analysis that there have not been many stronger El Ninos in recent years for comparison. Soy yield was 13% below trend that year, but otherwise, soy yields rarely miss in Mato Grosso, making it difficult to detect an impending disaster. In the south, Parana’s rainiest soy-growing seasons have most often coincided with El Ninos, but actual yield outcomes are mixed.
Persons: El Nino, Mato Grosso’s, Mato, La Nina, El, Karen Braun, Rod Nickel Organizations: Mato Grosso, Farmers, El Ninos, El Nino, Iowa, La, El, Reuters, Thomson Locations: Primavera, Mato, NAPERVILLE , Illinois, Brazil, Mato Grosso, North Mato, Brazil’s, Parana, U.S, Southern, Argentina
View of the Cobre Panama mine, of Canada's First Quantum Minerals, in Donoso, Panama, December 6, 2022. That leaves the fate of the contract for now in the hands of the country's top court. Panama's moves raise questions about copper supplies, as Cobre Panama accounts for about 1% of global output. First Quantum inherited the contract after it replaced Petaquilla Gold as operator of the mine in 2013. Panama's top court will hear various challenges against the contract in the coming days.
Persons: Valentine Hilaire, Divya, Denny Thomas, Rod Nickel Organizations: Minerals, REUTERS, Aris, First, Thomson Locations: Panama, Donoso, Canada
View of the Cobre Panama mine, of Canadian First Quantum Minerals, in Donoso, Panama, December 6, 2022. First Quantum on Tuesday reaffirmed its commitment to the rule of law with the objective of benefiting Panama. First Quantum and its local unit Minera Panama declined to comment further. A decision to cancel the Cobre Panama mine's contract could slow Panama's GDP growth from an anticipated 6% in 2023 to just 1% without the mine in operation on an annualized basis. The odds of Panama losing its investment-grade rating would rise significantly if the contract is revoked, J.P Morgan warned on Tuesday.
Persons: Laurentino, J.P Morgan, Adriana Linares, Jackie Przybylowski, Michael Camacho, Frank De Lima, Juan Diego Vasquez, Edison Broce, Divya Rajagopal, Valentine Hilaire, Elida Moreno, Steve Scherer, Denny Thomas, Rod Nickel Organizations: Minerals, REUTERS, Aris, Quantum Minerals, Panama, Canada's Global Affairs, Reuters, Bank of Montreal, Finance, Economy, Independent, Thomson Locations: Panama, Donoso, Vancouver, Canada, Toronto
The launch of the anti-Islamophobia effort has been expected for months. "Today's announcement is the latest step... to establish an interagency group to increase and better coordinate U.S. government efforts to counter Islamophobia, antisemitism, and related forms of bias and discrimination within the United States," White House spokesperson Karine Jean-Pierre said in a statement. Thirty-seven percent said they now identify as Democrats, 32% as Republicans and 31% as independents. The poll is the latest evidence that Biden's campaign for a second term in office is rapidly losing Muslim and Arab American support over his staunch support of Israel. Reporting By Jarrett Renshaw; Editing by Rod NickelOur Standards: The Thomson Reuters Trust Principles.
Persons: Joe Biden, Karine Jean, Pierre, Donald Trump, Jarrett Renshaw, Rod Nickel Organizations: Recreation Center, Wadea, Hamas, Domestic, Council, National Security Council, Arab American Institute, Republican, Israel, Thomson Locations: Israel, Gaza, United States, Illinois, American
REUTERS/Nathan Howard/File Photo Acquire Licensing RightsWASHINGTON, Nov 1 (Reuters) - U.S. House of Representatives Speaker Mike Johnson said on Wednesday he plans to hold a vote on a standalone Israel aid bill despite a Congressional Budget Office report showing it could increase the federal deficit. In the first major legislative action under Johnson, House Republicans unveiled their bill on Monday seeking to provide $14.3 billion for Israel by cutting Internal Revenue Service (IRS) funding. The House could vote on the bill and pass it with Republican support as soon as Thursday. The non-partisan Congressional Budget Office (CBO) said on Wednesday that the IRS cuts and the Israel aid in the standalone bill would add nearly $30 billion to the U.S. budget deficit, currently estimated at $1.7 trillion. To become law, any legislation must pass the House, the Senate and be signed into law by Biden.
Persons: Mike Johnson, Nathan Howard, Johnson, Joe Biden's, Josh Hawley, " Johnson, Biden, Johnson's, Chuck Schumer, David Morgan, Patricia Zengerle, Dan Whitcomb, Katharine Jackson, Scott Malone, Rod Nickel Organizations: U.S, Capitol, REUTERS, Rights, . House, House Republicans, Revenue Service, Democratic, White, Israel, Kyiv, Fox News, Office, CBO, Senate, Democrat, Thomson Locations: Washington , U.S, Israel, China, Ukraine, Iran, Gaza, East
Miriam Adelson listens to Republican U.S. presidential candidate and former U.S. President Donald J. Trump during the Republican Jewish Coalition Annual Leadership Summit in Las Vegas, Nevada, U.S. October 28, 2023. The previously unreported meeting during a gathering of Republican Jewish donors is likely a positive sign for Haley given Adelson's status as one of the pre-eminent Republican donors. Israeli-born Adelson also met with Trump in Las Vegas over the weekend. It was not immediately clear what other presidential candidates, if any, Adelson met. Sheldon Adelson, who died in 2021, headed the casino company Las Vegas Sands Corp (LVS.N).
Persons: Miriam Adelson, Donald J, Steve Marcus, Nikki Haley, Haley, Adelson, Sheldon Adelson, Ron DeSantis, Jan, Joe Biden, DeSantis, Alexandra Ulmer, Ross Colvin, Rod Nickel Organizations: Republican U.S, Trump, Republican Jewish Coalition, Leadership, REUTERS, Casino, Florida, Republican, Democratic, Forbes, Center for Responsive, Vegas Sands Corp, Thomson Locations: Las Vegas , Nevada, U.S, Las Vegas, Iowa, Israel
Senate Majority Leader Chuck Schumer (D-NY) speaks to reporters at the Capitol in Washington, U.S., October 31, 2023. The Senate is working on bipartisan bills while the Republican-controlled House is aiming for measures that will pass with only votes from the majority. KEY QUOTE"Today we will pass the first three bipartisan appropriations bills," Schumer said on the Senate floor on Wednesday. "When these bills pass, they will be the only - I underscore, the only - bipartisan appropriations bills that have passed either chamber." BY THE NUMBERSCongress must pass 12 appropriations bills to fund the government through its fiscal year.
Persons: Chuck Schumer, Kevin Lamarque, Joe Biden, Schumer, Kevin McCarthy, McCarthy's, Mike Johnson, Moira Warburton, Rod Nickel Organizations: Capitol, REUTERS, Rights, U.S, Senate, Democratic, Republican, Republicans, Thomson Locations: Washington , U.S, U.S, Washington
LONDON, Nov 1 (Reuters) - British singer-songwriter Robbie Williams looks back at his life in a new Netflix documentary series that tracks his journey from a 16-year-old boy band member to a 49-year-old entertainer and father of four. In “Robbie Williams”, filmed over several days and set inside his Los Angeles home, the “Angels” and “Rock DJ” singer is shown behind-the-scenes footage of himself, shot over several decades, for the first time. I wanted to make something that served Rob, and Rob wanted to tell the truth,” Pearlman said. “Robbie Williams” starts streaming on Netflix Nov. 8. A pop-up event coinciding with the launch and celebrating Williams’ career is open to public in London’s Covent Garden Nov. 2-5.
Persons: Robbie Williams, Robbie Williams ”, Williams, I've, Joe Pearlman, Rob, ” Pearlman, “ Robbie Williams ”, Hanna Rantala, Rod Nickel Organizations: Netflix, Thomson Locations: British, Los Angeles, London, Covent
We continue to encourage all countries to take tangible measures to halt the flow of arms, aviation fuel, and revenue to the military regime," U.S. Secretary of State Antony Blinken said in a separate statement. Canada imposed sanctions against 39 individuals and 22 entities for supporting Myanmar's military regime. The U.N. human rights expert for Myanmar in September called on the United States to further tighten sanctions on the country's military rulers to include the state oil and gas enterprise. Human rights advocates have repeatedly called for sanctions on MOGE, but Washington had so far held back. Myanmar military officials have played down the impact of sanctions.
Persons: Stringer, Washington, Antony Blinken, Brian Nelson, Simon Lewis, Daphne Psaledakis, Tim Gardner, Sarah Young, Ismail Shakil, Chizu Nomiyama, Rod Nickel Organizations: Army, Bank, REUTERS, Rights, Myanma, Gas Enterprise, U.S . Treasury Department, Reuters, Treasury, Financial, United Nations, Terrorism, Financial Intelligence, Chevron Corp, Chevron, Washington, Myanmar Foreign Trade Bank, Myanma Investment, Commercial Bank, Sky Royal Hero Company, General Staff, Myanmar's Army, Navy, Air Force, Thomson Locations: Yangon, Myanmar, United States, Washington, U.S, United Kingdom, Canada, Britain
[1/2] U.S. Attorney General Merrick Garland gives a brief statement at the Justice Department in Washington, U.S., August 11, 2023. That puts the Biden administration's second year of corporate enforcement on par with the second year of the Trump administration's - the fifth-lowest corporate prosecutions on record. The new safe harbor program also "directly undermines" the Biden Administration's anti-monopoly efforts, they said. The Justice Department and Federal Trade Commission have mounted an unprecedented number of legal challenges to mergers since Biden took office. A recently-departed DOJ official told Reuters in August that more big corporate settlements were coming.
Persons: General Merrick Garland, Bonnie Cash, Joe Biden, Merrick Garland, Lisa Monaco, Monaco, Elizabeth Warren, Biden, Chris Prentice, Rod Nickel Organizations: U.S, Justice Department, REUTERS, U.S . Justice Department, Public Citizen, Democratic, Department of Justice, Public, Biden, Trump, The Justice Department, Federal Trade Commission, DOJ, Reuters, Thomson Locations: Washington , U.S, Monaco
Companies St Lawrence Seaway Management Corp. FollowOTTAWA, Oct 29(Reuters) - A seaway workers' union in eastern Canada agreed to a new tentative labor contract on Sunday, ending a days-long strike that had impeded the movement of grains and other commodities on a key North American trade route linked to the Atlantic Ocean. The Unifor union, representing 361 workers along the St. Lawrence Seaway, said the agreement covers Unifor members at Locals 4211, 4212 and 4323 in Ontario and Locals 4319 and 4320 in Quebec, who work in the supervisory and engineering group and the maintenance, operations, and clerical group. Reporting by Ismail Shakil in Ottawa and Surbhi Misra in Bengaluru; Editing by Rod Nickel and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.
Persons: Ismail Shakil, Surbhi Misra, Rod Nickel, Kim Coghill Organizations: Lawrence Seaway Management Corp, seaway, Lawrence Seaway, Thomson Locations: OTTAWA, Canada, American, St, Lawrence, Ontario, Quebec, Ottawa, Bengaluru
Zimbabwe extends multi-currency system to 2030
  + stars: | 2023-10-27 | by ( ) www.reuters.com   time to read: +1 min
A man poses with Zimbabwe's new two dollar banknote as customers queue outside a bank in Harare, Zimbabwe, November 12, 2019. REUTERS/Philimon Bulawayo/File Photo Acquire Licensing RightsHARARE, Oct 27 (Reuters) - Zimbabwe's government will maintain its multi-currency system, anchored by the U.S. dollar, to 2030, it said on Friday. The government had previously said that the multi-currency system would end in 2025. "Settlement of any transaction or payment for goods and services in foreign currency, shall ... be valid until the 31st December, 2030," reads the gazette. The government reintroduced the local currency in 2019, but it rapidly lost value again.
Persons: Emmerson Mnangagwa, Nyasha Chingono, Nellie Peyton, Rod Nickel Organizations: REUTERS, Philimon, Rights, U.S ., Thomson Locations: Harare, Zimbabwe, Philimon Bulawayo, Rights HARARE
Restaurant Serves up Food, Comfort During Lewiston Manhunt
  + stars: | 2023-10-27 | by ( Oct. | At P.M. | ) www.usnews.com   time to read: +3 min
By Gabriella BorterLEWISTON, Maine (Reuters) - At Best Thai II in coastal Maine, the phone has been ringing off the hook. But at Best Thai II - one of the only restaurants open this week - business has been bustling since owner Pongsakorn Hanjitsuwan opened his doors hours after the shootings. Hanjitsuwan opened his restaurant after weighing the risk with staff. In Auburn, the town adjacent to Lewiston, the checkout line at Roy's Foodland wrapped around the store all through Thursday. The family-owned store, opened 48 years ago, was the only option as all the big chains were shuttered.
Persons: Gabriella Borter, Pongsakorn Hanjitsuwan, We're, we've, Hanjitsuwan, Robert Card, Maria, Toni Martin, Martin, Michael Roy, Roy, Paul Thomasch, Rod Nickel Organizations: Grocery, Bath, Auburn Locations: Gabriella Borter LEWISTON , Maine, Maine, Bath, McDonald's, Auburn , Maine, Auburn, Lewiston
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