Paris police, protesters clash for third night over Macron’s pension reform

PARIS, March 18 (Reuters) – Paris police clashed with protesters for a third night on Saturday as thousands of people marched across the country in anger at the government pushing through an increase in the state pension age without a parliamentary vote. With growing unrest and strikes, President Emmanuel Macron faces the biggest challenge to … Read more

The US banking system is sound, but not all deposits are guaranteed, Yellen tells senators

WASHINGTON, March 16 (Reuters) – The US banking system remains sound and Americans can be confident that their deposits will be there when they are needed, Treasury Secretary Janet Yellen said on Thursday, though she denied that recent bailouts following two major bank failures mean there is there was now a general government guarantee for … Read more

Survivors in shock as Cyclone Freddy toll passes 300 in Malawi, Mozambique

BLANTYRE, March 16 (Reuters) – The last thing Lukia Akimu remembers is the wave of floodwaters that hit her village near Mount Soche earlier this week as Tropical Cyclone Freddy swept through southern Malawi. The next thing she knew, she woke up in the hospital, her head wrapped in bandages and her neck in a … Read more

Taiwan warns Honduras of ‘poison’ from taking aid from China

TAIPEI, March 16 (Reuters) – Taiwan on Thursday warned Honduras not to be tempted by the “poison” of aid from China, no matter how deeply indebted it was, and ruled out getting involved in a bidding war for diplomatic allies with its mainland rival. Honduran President Xiomara Castro said on Tuesday that she had asked … Read more

Turkey plans to ratify Finland’s NATO bid ahead of May polls – sources

The Finnish president will visit Turkey on Thursday Finland and Sweden applied to join NATO after the invasion of Ukraine Turkey is likely to give Finland the green light before Sweden ANKARA, March 15 (Reuters) – The Turkish parliament will “most likely” ratify Finland’s bid to join NATO before mid-April, two Turkish officials told Reuters … Read more

Charles Schwab’s CEO says the company is liquid and not seeking capital or deals

NEW YORK, March 14 (Reuters) – Charles Schwab (SCHW.N) has enough liquidity, the bank and brokerage’s CEO said Tuesday, to allay concerns about a “doomsday” scenario following the bankruptcy of two US lenders since Friday. “We have not raised any capital and we are not in the M&A market at this time,” Walt Bettinger, CEO … Read more

Tyson Foods is closing two U.S. chicken plants employing nearly 1,700 workers

CHICAGO, March 14 (Reuters) – Tyson Foods Inc (TSN.N) will close two U.S. chicken plants employing nearly 1,700 workers on May 12, the company said on Tuesday. The closures show that the largest U.S. meat company by revenue is still trying to figure out how to improve its chicken business, which has struggled for years. … Read more

Cyclone Freddy kills 190 people in Malawi as rain complicates rescue efforts

BLANTYRE, March 14 (Reuters) – Cyclone Freddy, one of the most powerful storms ever recorded in the southern hemisphere, has killed 190 people in Malawi after it swept through southern Africa for the second time in a month, the Malawi government said on Tuesday . The district around Blantyre’s commercial center was one of the … Read more

Russia is proposing to extend the Black Sea grain deal for a shorter term

Russia ready to extend deal, but for shorter term Moscow says sanctions have created barriers to its exports Deal aimed at preventing the global food crisis GENEVA, March 13 (Reuters) – Moscow is proposing to extend a deal allowing the safe export of grain from Ukraine’s Black Sea ports, but only for a period of … Read more

Pfizer is looking past COVID with a $43 billion deal for cancer drug innovator Seagen

March 13 (Reuters) – Pfizer Inc (PFE.N) closed a $43 billion deal for Seagen Inc (SGEN.O) to add innovative targeted therapies to its cancer treatment portfolio as it braces for a sharp decline of sales of COVID-19 products and fierce competition for some top sellers. Monday’s deal, Pfizer’s largest in a string of acquisitions following … Read more