Author: News Room

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By Stephanie Kelly WASHINGTON (Reuters) -U.S. President Joe Biden took jabs on Saturday at former President Donald Trump with jokes about the mental fitness of his election opponent during a speech at the Gridiron Club dinner, a Washington tradition that began in the 1880s. Biden’s appearance at the dinner, in which politicians and journalists trade humorous barbs in a white-tie formal affair, was the first time a president has attended in person since former President Donald Trump in 2018. Biden, 81, recently clinched the Democratic Party’s nomination for this year’s presidential election and will face off against Trump, 77, in…

By Makiko Yamazaki, Scott Murdoch and Kane Wu TOKYO/SYDNEY/HONG KONG (Reuters) – Japan Inc’s pursuit of overseas deals is set to accelerate as the country’s corporate giants come under pressure to boost capital efficiency and the central bank moves towards ditching policies that depressed the currency. A growing number of Bank of Japan policymakers are warming to the idea of rising interest rates when they meet March 18-19, and while rate increases are widely expected to be incremental, the change would boost the yen and deal prospects, bankers and lawyers said. A stronger yen, which has gained about 1% against…

By Arathy Somasekhar HOUSTON (Reuters) – Top oil executives and ministers descend on Houston this week for one of the world’s biggest energy conferences emboldened by blockbuster mergers, stable oil prices and less pressure for a large scale move to clean fuels. Global oil prices have remained in a range between $75 and $85 per barrel, a level fueling profits but not hurting economic growth, despite war in Eastern Europe and turmoil in the Middle East. Stock markets continue to spur deals, making Big Oil even bigger. The annual CERAWeek conference comes as demand for oil and gas continues to…

On St. Patrick’s Day, throwing back an Irish whiskey might taste different than it used to. Flavored whiskey from American and Canadian companies isn’t novel — Southern Comfort, Fireball, Crown Royal apple and Knobb Creek maple have been liquor store staples for decades — but it’s now attracting the attention of the Irish, a once inconceivable thought at distilleries that have prided themselves on whiskey’s taste itself being the draw. “Whiskey purists have talked about flavored whiskey as an overall challenge to the category and in a negative way because they think it kind of defeats the purpose of why you’re distilling…

Decentralized Finance (DeFi) has grown significantly in the past few years according to total value locked (TVL) and exchanged volume. As of recently, the volume in DeFi has consistently surged to above $10 billion daily, similar to 2021’s bull market. In particular, volume is a solid metric for identifying trends and investors’ interest in the cryptocurrency market or specific sectors. However, volume can spike in atypical days without consistency, which creates false technical indicators. Looking at consistent behavior is crucial when evaluating trends and the market’s momentum. On that note, Finbold retrieved data from DefiLlama on March 17, which shows…

I’ve been an expat for most of my life. Originally from Japan, I’ve lived in a total of six countries. For the past 15 years, I’ve called Geneva, Switzerland, my home.When my then-husband and I decided to move here, to his hometown, our first child was just 10 months old. We wanted a change from the hustle and bustle of New York and London, where we’d worked long hours as investment bankers.Raising a family here has been a tremendous blessing. Now my ex and I co-parent two teenagers. His house is just a five-minute walk from mine. Geneva is different…

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Republican National Committee members have received a three-page memo from Chairman Michael Whatley announcing and explaining various aspects of the RNC’s merger with the Trump campaign. The memo arrives days after former President Donald Trump clinched the GOP nomination and nearly a week after Donald Trump’s handpicked team took the reins. “As is tradition and governed by applicable law, the RNC is merging operations with the Trump campaign. We are now a united operation, and a united front,” Whatley wrote. Whatley and Lara Trump, the former president’s daughter-in-law, were elected to succeed the outgoing chair and co-chair without any challengers…

Since the conclusion of All-Star Weekend Deandre Ayton has been playing like most expected him to before the season. The 6’11 center has seemingly been unleashed in Portland’s offense, playing 34.9 minutes over his past seven games, and being given every conceivable chance at asserting himself offensively, evident by his 18.1 shot attempts over that span. That strategy has paid off. Ayton is averaging an All-NBA caliber 25.1 points, and 15.1 rebounds, while connecting on 63% of his shots, and turning the ball over just 2.1 times per game. While a seven-game sample size is obviously limited, the contrast of…