India's No. 1 Affordable Computer Franchise (ISO Certified, Govt. Approved) | Get approval in 10 Hours. For Inquiries: CALL +91-9774064470

U.S. new home sales at seven-month high; services sector picks up

WASHINGTON (Reuters) - Sales of new U.S. single-family homes rose to a seven-month high in December, but November’s outsized jump was revised lower, pointing to continued weakness in the housing market. FILE PHOTO: A real estate sign advertising a new home for sale is pictured in Vienna, Virginia, U.S. October 20, 2014. REUTERS/Larry DowningWhile other data on Tuesday showed a rebound in growth in the vast services sector in February amid a surge in new orders, concerns about import tariffs, capacity constraints and labor shortages lingered. The trade dispute between the United States and China is among the factors that analysts say will contribute to slower economic…

Continue Reading

Suits and ties now optional, Goldman Sachs hedges dress code

FILE PHOTO: The Goldman Sachs Headquarters building is pictured in the Manhattan borough of New York City, New York, U.S., December 19, 2018. REUTERS/Carlo AllegriNEW YORK (Reuters) - Goldman Sachs Group Inc said on Tuesday that it is relaxing the dress code for all its employees, a move once considered unimaginable for the Wall Street firm’s leagues of monk-shoed partners and bankers in bespoke suits. The new “firm wide flexible dress code” was announced in an internal memo, which said the shift was due to “the changing nature of workplaces generally in favor of a more casual environment.” The memo sent to the bank’s some 36,000 employees…

Continue Reading

At least seven missing in Alabama after deadly weekend tornadoes

Debris lays outside a house devastated after two deadly back-to-back tornadoes, in Beauregard, Alabama, U.S., March 5, 2019. REUTERS/Shannon Stapleton(Reuters) - Alabama search and rescue teams on Tuesday were combing through the wreckage of houses flatted by weekend tornadoes, looking for seven or eight people who remained unaccounted for in the wake of the deadliest U.S. twister outbreak since 2013. The tiny community of Beauregard, near the Alabama-Georgia border, was beginning to mourn the 23 people confirmed killed by the storms, which included four children and seven people from one family, officials said on Tuesday. The victims ranged in age from 6 to 93 years old, Bill…

Continue Reading

Wall Street ekes out gains after retail earnings; trade in focus

(Reuters) - U.S. stocks eked out modest gains on Tuesday on the back of upbeat quarterly reports from retailers and in anticipation of a U.S.-China trade deal as early as this month end. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 4, 2019. REUTERS/Brendan McDermidInvestors cautiously awaited more details on the progress in trade negotiations after U.S. Secretary of State Mike Pompeo said President Donald Trump will reject any deal that was not perfect, but added the United States will keep working on an agreement. Wall Street began the day on a muted note after losing…

Continue Reading

British PM May’s top lawyer in Brussels in last-ditch Brexit bid

BRUSSELS (Reuters) - Prime Minister Theresa May’s top government lawyer was holding talks in Brussels on Tuesday in a last-ditch bid to secure changes to get her Brexit deal through parliament and smooth Britain’s departure from the European Union. FILE PHOTO: Britain's Attorney General Geoffrey Cox outside of Downing Street in London, Britain, February 26, 2019. REUTERS/Toby Melville -/File PhotoBritain is due to leave the EU in 24 days, but parliament’s rejection of May’s deal in January has put in doubt how, when or possibly even if Britain’s biggest foreign and trade policy shift in more than 40 years will take place. May has charged her team,…

Continue Reading

Ousted Nissan boss Ghosn to leave prison after court rejects prosecutors’ appeal

TOKYO (Reuters) - A Japanese court on Tuesday rejected a last-minute attempt by prosecutors to keep former Nissan Motor Chairman Carlos Ghosn in prison, ruling that the once-feted executive could be released on $8.9 million bail after more than 100 days in detention. The Tokyo District Court, which had earlier granted Ghosn bail, said it had rejected an appeal by prosecutors who had sought to keep him in prison, pending his trial for financial misconduct. The decision paves the way for Ghosn’s release as early as Wednesday and marks a victory for his new legal team, brought in last month and spearheaded by a lawyer known as…

Continue Reading

U.S. attorney general faces daunting decision on release of Russia report

WASHINGTON (Reuters) - Newly installed U.S. Attorney General William Barr must walk a political and legal tightrope in deciding how much of Special Counsel Robert Mueller’s report on Russia’s role in the 2016 election to disclose, balancing competing demands from President Donald Trump and congressional Democrats, legal experts said. FILE PHOTO: William Barr testifies at the start of his U.S. Senate Judiciary Committee confirmation hearing on his nomination to be attorney general of the United States on Capitol Hill in Washington, U.S., January 15, 2019. REUTERS/Kevin Lamarque/File PhotoThe decision presents Barr, a veteran Washington insider, with his first major test since becoming the top U.S. law enforcement…

Continue Reading

Revolutionary Guards commander flexes political muscle

(Reuters) - Qassem Soleimani’s role in a political crisis in Iran highlights the influence of the leader of the Revolutionary Guards’ Quds Force, who has acquired celebrity status at home after being largely invisible for years. FILE PHOTO: A portrait of Quds Force Commander Major General Qassem Soleimani is held up during a demonstration in Baghdad, March 31, 2015. REUTERS/Thaier Al-Sudani/File PhotoThe resignation of Foreign Minister Mohammad Javad Zarif last week was quickly rejected by President Hassan Rouhani, but a week on, tension over Zarif’s absence from meetings with Syrian President Bashar al-Assad that Soleimani attended is still evident. Soleimani’s Quds Force, tasked with carrying out operations…

Continue Reading

London HIV patient becomes world’s second AIDS cure hope

LONDON, March 4 (Reuters) - An HIV-positive man in Britain has become the second known adult worldwide to be cleared of the AIDS virus after he received a bone marrow transplant from an HIV-resistant donor, his doctors said. FILE PHOTO: A nurse (L) hands out a red ribbon to a woman, to mark World Aids Day, at the entrance of Emilio Ribas Hospital, in Sao Paulo December 1, 2014. REUTERS/Nacho Doce/File PhotoAlmost three years after he received bone marrow stem cells from a donor with a rare genetic mutation that resists HIV infection - and more than 18 months after he came off antiretroviral drugs - highly…

Continue Reading

Codelco’s lithium push fades in favor of copper

SANTIAGO (Reuters) - With the global race to secure lithium heating up in 2016, Chile’s president Michelle Bachelet wanted to be sure her country seized the moment. Home to half the world’s lithium reserves, Chile tapping its state-run miner Codelco to ramp up production seemed a sure bet. FILE PHOTO: Brine pools from a lithium mine, that belongs U.S.-based Albemarle Corp, are seen on the Atacama salt flat in the Atacama desert, Chile, August 16, 2018. REUTERS/Ivan Alvarado/File photoChile’s most trusted public enterprise, she said, could hunt for private partners to help it mine its own lithium for the good of all Chileans, and take part in…

Continue Reading