FOREX-Yen nurses losses near 3-year lows; euro struggles

* Graphic: World FX rates tmsnrt.rs/2RBWI5E LONDON, Oct 12 (Reuters) – The Japanese yen held near three-year lows versus the U.S. dollar on Tuesday as a surge in U.S. Treasury yields and rising commodity prices, particularly oil, prompted investors to dump the currency. In London trading, the dollar held at 113.28 yen after briefly hitting 113.50 in Asian trading, its […]

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Virginia Republican tries to 'thread the needle' on election-fraud claims

CHESTERFIELD, Va. (Reuters) – At a recent Virginia rally, Republican gubernatorial candidate Glenn Youngkin talked up his plans to boost the economy and fight crime, and said nothing at all about false claims that Democratic President Joe Biden’s election victory was the result of fraud.FILE PHOTO: Virginia gubernatorial candidate Glenn Youngkin speaks during a campaign event in McLean, Virginia, U.S., […]

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Indian shares slip from record highs as IT firms drag ahead of earnings

BENGALURU (Reuters) – Indian shares fell on Tuesday after hitting record highs in the previous session as IT stocks lost ground ahead of quarterly results, while weak global cues over inflation worries and an energy crunch also dampened sentiment.FILE PHOTO: People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, November 4, 2020. REUTERS/Francis MascarenhasThe NSE Nifty 50 […]

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Amazon to take team-wise approach on remote work policy

FILE PHOTO: The logo of Amazon in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol/File Photo(Reuters) – Amazon.com Inc will let individual teams decide for how many days corporate employees would be expected to work from office in a week, Chief Executive Officer Andy Jassy said in a message to employees on Monday. Earlier, Amazon’s policy required for employees to […]

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Russia's Navalny says prison has changed his status to "terrorist"

MOSCOW (Reuters) -Jailed Kremlin critic Alexei Navalny said on Monday that a prison commission had designated him an extremist and a terrorist, but officially no longer regarded him as an escape risk.FILE PHOTO: Russian opposition leader Alexei Navalny is seen on a screen via a video link during a hearing to consider his lawsuits against the penal colony over detention […]

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Stocks making the biggest moves in the premarket: Southwest Airlines, Robinhood, SoFi Technologies and more

Take a look at some of the biggest movers in the premarket: Southwest Airlines (LUV) – The airline canceled more than 1,800 flights over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest disputed speculation that its high level of cancellations compared to other airlines was due to employee protests of a Covid-19 vaccine mandate. Southwest […]

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