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

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

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

EU agrees rules to tame ‘Wild West’ crypto market

EU agrees rules to tame 'Wild West' crypto market

Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, July 1 (Reuters – Cryptocurrency companies will need a license and customer safeguards to issue and sell digital tokens … Read more

Second half starts with fresh swings for stocks

Second half starts with fresh swings for stocks

World stocks struggle after biggest fall in index history Euro zone inflation hits fresh record high Dollar rises against Aussie, kiwi 10-year Treasury yield holds below 3% China markets steady in a sea of ​​red in Asia LONDON, July 1 (Reuters) – The second half of the year started with more volatility for global stocks … Read more

Stocks, oil higher than China relaxes quarantine rules

Stocks, oil higher than China relaxes quarantine rules

LONDON, June 28 (Reuters) – Global shares were higher on Tuesday while oil prices firmed following China’s decision to ease some quarantine requirements for international arrivals that raised hopes for stronger growth and a revival in demand for commodities. China slashed the quarantine time for inbound travelers by half in a major easing of one … Read more

Banking body urges decisive wave of global rate hikes to stem inflation

Banking body urges decisive wave of global rate hikes to stem inflation

Plastic letters arranged to read “Inflation” are placed on US Dollar banknote in this illustration taken, June 12, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, June 26 (Reuters) – The world’s central bank umbrella body, the Bank for International Settlements (BIS), has called for interest rates to be raised … Read more

Wall Street set for bounceback but recession risk keeps investors cautious

Wall Street set for bounceback but recession risk keeps investors cautious

LONDON, June 21 (Reuters) – Wall Street was set to open higher on Tuesday and European shares were set for a second day of gains, recovering slightly from last week’s 17-month lows, but major central banks’ rate hike plans and global recession risks kept investors cautious. World stocks have edged higher so far this week, … Read more