By Scott DiSavino NEW YORK (Reuters) – Oil prices were steady on Thursday as a new wave of coronavirus cases in Europe led several countries to reimpose travel restrictions, offsetting a bullish drop in U.S. crude and fuel...
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Criminal trial resumes in Arkema chemical fire as judge rejects dismissal
HOUSTON (Reuters) – A criminal case against the U.S. arm of a French chemical maker accused of releasing pollution that injured 21 people resumed on Thursday under a cloud as a judge ruled out a motion to dismiss the case....
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French billionaire Arnault builds up Lagardere holding
By Sarah White and Mathieu Rosemain PARIS (Reuters) – France’s richest man Bernard Arnault ratcheted up a tug-of-war over Paris Match publisher Lagardere on Thursday, revealing he had built up a direct stake in the firm, which...
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France opens probe into BNP Paribas over its role in Sudan
PARIS (Reuters) – Paris prosecutors have opened an investigation into French bank BNP Paribas over allegations of complicity in crimes against humanity in Sudan, a lawyer and Paris-based International Federation for Human Rights...
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Fed’s Powell, Mnuchin see promise in reallocating unused aid
By Ann Saphir and Howard Schneider (Reuters) – Hundreds of billions of dollars in unused funds from a $2.3 trillion coronavirus aid package could be reallocated to help U.S. households and businesses, Federal Reserve Chair Jerome...
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U.S. labor market losing speed as fiscal stimulus wanes
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly increased last week, supporting views the economic recovery from the COVID-19 pandemic was running out of...
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