Wednesday, January 23, 2019
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MEXICO CITY (Reuters) - Mexicans faced with a fuel shortage are turning to bikes and scooters, generating business for startups that rent those alternative rides, but straining operations for ride-hailing service Uber in some cities. The shortages came after Mexican President Andres Manuel Lopez Obrador closed some vulnerable pipelines in a crackdown on fuel theft. There have been long lines...
TAIPEI (Reuters) - Taiwan on Friday appointed the former chairman of its ruling pro-independence party as premier, after the incumbent resigned along with the entire cabinet, in response to local election defeats. November’s election losses presented a major challenge to President Tsai Ing-wen, who faced mounting criticism at home over her reform agenda while facing renewed threats from China, which...
CARACAS (Reuters) - Venezuelan President Nicolas Maduro begins a second term in office on Thursday in defiance of international criticism that his reelection last year was illegitimate, further isolating the South American country where an economic crisis is fueling a humanitarian emergency. Leaders from the ruling Socialist Party have disavowed criticism of Maduro’s inauguration, which will keep him at the...
(Reuters) - Investors turned bullish on most Asian currencies for the first time since early last year, a Reuters poll showed, as risk appetite rose on hopes of a halt to the U.S. rate hike cycle, and the world’s top two economies settling a months-long trade row. Thursday’s poll of 13 respondents marks a shift in the outlook of many...
BENGALURU (Reuters) - Gold prices rose on Thursday as growing expectations that the U.S. Federal Reserve will pause its rate tightening cycle this year and an impasse between U.S. President Donald Trump and Democrats on funding for a border wall weighed on the dollar. Spot gold was up 0.2 percent at $1,295.85 per ounce as of 0436 GMT, hovering near...
SYDNEY/WELLINGTON (Reuters) - The Australian dollar rose to a three-week high on Wednesday as speculation swirled that Beijing and Washington might be making progress in resolving their trade dispute, lifting Asian share markets and risk sentiment. The talk helped offset disappointing domestic data on home building which suggested the sector would be a drag on the economy in 2019 after...
SYDNEY (Reuters) - Top-order batsmen Matt Renshaw and Joe Burns have been recalled, while the highly rated Will Pucovski appears set to win his first cap as the Australia selectors culled four underperforming players for the two-test home series against Sri Lanka. Batsmen Aaron Finch, Shaun Marsh, Peter Handscomb and all-rounder Mitchell Marsh were all dropped from the squad that...
TOKYO (Reuters) - Commodity-linked currencies such as the Australian dollar and the Canadian dollar rose on Wednesday, helped by a rise in oil prices and growing optimism that China and the United States may be inching toward a trade deal. News that the two sides had agreed to extend trade talks in Beijing for an unscheduled third day on Wednesday...
TAIPEI/FRANKFURT (Reuters) - Taiwan is investigating six current and former employees of BASF’s local operations suspected of leaking corporate secrets to a rival Chinese company, an official said on Monday. Five employees were detained and one had been granted bail by a court, Lu Sung Hao, Taipei-based director of Taiwan’s Crime Investigation Bureau, told Reuters. The prosecution has not filed...
BANGKOK (Reuters) - The U.N. refugee agency on Tuesday said it was investigating the case of an 18-year-old Saudi woman who fled to Thailand saying she feared her family would kill her and barricaded herself in a Bangkok airport hotel room to avoid being sent back. Lawmakers and activists in Australia and Britain urged their governments to grant asylum to...

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