Why world’s first malaria shot won’t reach millions of children who need it

Why world's first malaria shot won't reach millions of children who need it

LONDON/KISUMU, Kenya, July 13 (Reuters) – After decades of work, the World Health Organization endorsed the first-ever malaria vaccine last year – a historic milestone that promised to drive back a disease that kills a child every minute. In reality, efforts are falling well short of that, with a lack of funding and commercial potential … Read more

Exclusive: Binance served crypto traders in Iran despite US sanctions, customers say

Exclusive: Binance served crypto traders in Iran despite US sanctions, customers say

Seven Iranians say used Binance for crypto after US reimposed Iran sanctions Weak background checks, deep liquidity drew Iranians to Binance, traders say News of Iranian trading on Binance could draw US regulatory scrutiny, lawyers say LONDON, July 11 (Reuters) – The world’s largest crypto exchange, Binance, continued to process trades by clients in Iran … Read more

Shares slide ahead of US inflation data, earnings hurdles

Shares slide ahead of US inflation data, earnings hurdles

People pass by an electronic screen showing Japan’s Nikkei share price index inside a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register European shares down 1.3%, S&P 500 futures off 0.8% Dollar tops 137 yen before US CPI, inflation expectations Banks kick off earnings … Read more

China’s June factory inflation cools counter to global trends

China's June factory inflation cools counter to global trends

A man walks by an iron ore blending site at Dalian Port, Liaoning province, China September 21, 2018. Picture taken September 21, 2018. REUTERS/Muyu Xu/File Photo Register now for FREE unlimited access to Reuters.com Register June PPI year-on-year eases to 15-month low June CPI year-on-year rose to 23-month high BEIJING, July 9 (Reuters) – China’s … Read more

US dollar flat in choppy trading after payrolls beat expectations

US dollar flat in choppy trading after payrolls beat expectations

US payrolls exceed expectations in June Rate futures price in 75-bps hike Yen in focus as former PM Abe gunned down NEW YORK, July 8 (Reuters) – The US dollar was little changed against a basket of currencies on Friday ahead of the weekend following a choppy session that saw the greenback posting both gains … Read more

European shares struggle ahead of US jobs data

European shares struggle ahead of US jobs data

LONDON, July 8 (Reuters) – European shares opened slightly lower on Friday and struggled to make gains after the shooting of Japan’s former prime minister caused a pullback in Asian shares, while investors waited for key US jobs data later in the session. Investor sentiment had been positive earlier in the session, which analysts said … Read more

Chipmaker stocks climb, sickly euro treads water

Chipmaker stocks climb, sickly euro treads water

LONDON, July 7 (Reuters) – Gains in chipmakers lifted stocks to calm investors after hawkish Federal Reserve comments increased the likelihood of a hefty interest rate hike later this month and raised fears over how much this could slow the economy. The euro struggled to avoid dipping below parity with the safe-haven dollar. Sterling was … Read more

Dollar reigns as investors fear recession pain

Dollar reigns as investors fear recession pain

Oil, Europe equity futures steady after steep drop Euro huddles at 20-yr low; sterling squeezed China stocks slip on fresh Shanghai virus outbreak TOKYO/SINGAPORE, July 6 (Reuters) – Asian stocks fell and the dollar stood by a two-decade high on the euro on Wednesday as investors’ fears deepened that the continent is leading the world … Read more

Euro slumps to two-decade low as recession fears dick

Euro slumps to two-decade low as recession fears dick

Euro drops to lowest since end of 2002 as concerns build Dollar rises as Treasury yields rebound Yen near 24-year lows again Aussie dollar fails to gain traction after 50 bps rate hike Norway’s crown drops nearly 1.2% as gas workers strike LONDON, July 5 (Reuters) – The euro slumped to a two-decade low on … Read more

Cryptoverse: The bonfire of the NFTs

Cryptoverse: The bonfire of the NFTs

July 5 (Reuters) – The NFT dream isn’t dead, but it’s taken a big non-fungible beating. The market shone gloriously last year as crypto-rich speculators spent billions of dollars on the risky assets, pumping up prices and profits. Now, six months into 2022, it’s looking ugly. Monthly sales volume on the largest NFT marketplace, OpenSea, … Read more