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By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, touching the lowest level in two months amid ongoing labor market tightness and defying efforts by the Federal Reserve to slow demand. The second straight weekly decline in claims reported by the Labor Department on Thursday raised cautious optimism that the economy could avoid a dreaded recession this year. It […]

By Michelle Nichols UNITED NATIONS (Reuters) – U.N. Secretary-General Antonio Guterres strongly condemned on Thursday Russian attacks on Ukraine’s Black Sea ports and warned the “destruction of civilian infrastructure may constitute a violation of international humanitarian law.” “These attacks are also having an impact well beyond Ukraine,” said U.N. spokesperson Stephane Dujarric. “We are already seeing the negative effect on global wheat and corn prices which hurts everyone, but especially […]

(Reuters) – A group led by blockchain investors Matthew Roszak and Peter Vessenes are nearing a $125 million deal for cryptocurrency-focused media firm CoinDesk, the Wall Street Journal reported on Thursday, citing people familiar with the matter. CoinDesk is currently owned by crypto conglomerate Digital Currency Group (DCG), which bought it in 2016. Any sale would likely bolster DCG’s financial strength as the company looks to pull its Genesis unit […]

(Reuters) – China has activated emergency response to prevent flooding in the Beijing-Tianjin-Hebei region and ramped up flood control efforts in the Hai river basin, state-run Xinhua reported on Thursday. Heavy rains and rain storms of up to 150 millimetres will lash parts of Beijing and Hebei from Thursday to Sunday, while floods are expected to hit the Hai river basin in the coming three days, the agency reported. The […]

(Reuters) – Lionel Messi has already proved to be a team player at his new club Inter Miami as the Argentine forward surprised a team mate in the players’ group chat by providing a timely assist with tickets to his presentation on Sunday. Not even the pouring rain could spoil Messi’s welcome party last weekend in Fort Lauderdale, Florida, where the new face of Major League Soccer (MLS) was introduced […]

BEIJING (Reuters) – China and the United States agreed to maintain close communications after climate envoys from both countries met in Beijing, China’s environment ministry said on Thursday. China’s climate envoy Xie Zhenhua and his U.S. counterpart John Kerry discussed policy measures and progress on actions both countries have taken to address climate change, the ministry said in a statement. Kerry arrived in Beijing on Sunday for three days of […]

LONDON (Reuters) – A self-portrait by Johnny Depp went on sale on Thursday, depicting the Hollywood star when he was in between court cases relating to his marriage to ex-wife Amber Heard. Conceived in 2021 in the studio of British illustrator Ralph Steadman, the artwork called “Five” was completed this year. “This self-portrait, it was created at a time that was… let’s say a bit dark, a bit confusing,” Depp […]

LONDON (Reuters) – SPEAR Investments I, a special purpose acquisition company (SPAC), is in advanced discussions to acquire QEV Technologies, a Spanish electric vehicle firm, at a valuation of 209 million euros ($234 million), the companies said on Thursday. The deal will see QEV Technologies, which recently won a tender to operate a former Nissan manufacturing facility in Barcelona, merge into SPEAR Investments I and trade on the Amsterdam bourse. […]

NAIROBI (Reuters) – Some U.S. companies buying minerals from countries including the Democratic Republic of Congo and its eastern neighbours are still failing to properly authenticate that the metals don’t come from conflict zones, the U.S. Government Accountability Office (GAO) said in a report. A number of companies sourcing minerals such as tin, tungsten, tantalum and gold are also failing to meet disclosure requirements with the U.S. Securities and Exchange […]