COLOMBO (Reuters) – The International Monetary Fund (IMF) approved the third review of Sri Lanka’s $2.9 billion bailout on Saturday but warned that the economy remains vulnerable. In a statement, the global lender said it would release about $333 million, bringing total funding to around $1.3 billion, to the crisis-hit South Asian nation. It said…
By Aditi Shah, Aditya Kalra NEW DELHI (Reuters) -A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy (NS:ADNA) that makes up some 10% of its business, and no other firms in the conglomerate are accused of wrongdoing, the group’s CFO said on Saturday. On Wednesday, Gautam…
Travel can be stressful in the best of times. Now add in the high-level anxiety that seems to be baked into every holiday season and it’s clear that travelers could use some help calming frazzled nerves. Travel pros say there is plenty you can do ahead of time to make for a happier and less-stressful…
By Julie Steenhuysen CHICAGO (Reuters) – U.S. President-elect Donald Trump on Friday announced Dave Weldon, a former congressman and a medical doctor, as his choice for director of the Centers for Disease Control and Prevention, a sweeping agency with a $17.3 billion budget used as a public health model around the world. The CDC tracks…
WASHINGTON (Reuters) – U.S. President-elect Donald Trump said on Friday he has picked NFL veteran Scott Turner to serve as housing and urban development secretary. Source
WASHINGTON (Reuters) – U.S. President-elect Donald Trump said on Friday he has chosen congresswoman Lori Chavez-DeRemer of Oregon to serve as his labor secretary. Trump said Chavez-DeRemer has worked “tirelessly” with business and labor to build the U.S. workforce and support Americans. “I look forward to working with her to create tremendous opportunity for American…
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court agreed on Friday to decide the legality of a congressionally authorized fund operated by the Federal Communications Commission to expand access to telecommunications services in a challenge accusing Congress of unlawfully delegating its authority to an independent federal agency. The justices took up an appeal by…
WASHINGTON (Reuters) – Senior White House officials met on Friday with telecommunications executives to discuss China’s “significant cyber espionage campaign targeting the sector,” the White House said. Earlier this month, U.S. authorities said China-linked hackers had intercepted surveillance data intended for American law enforcement agencies after breaking into an unspecified number of telecom companies. Senator…
By Gram Slattery (Reuters) -President-elect Donald Trump has made a flurry of picks for his cabinet and other high-ranking administration positions following his election victory. Here are the announced choices and top contenders for some of the key posts overseeing defense, intelligence, health, diplomacy, trade, the justice department, immigration and economic policymaking. SCOTT BESSENT, treasury…
By Daniel Trotta (Reuters) -U.S. President-elect Donald Trump on Friday chose family medicine doctor and Fox News contributor Janette Nesheiwat to be surgeon general, again showing preference for a television personality as the face of his incoming administration. “Dr. Nesheiwat is a fierce advocate and strong communicator for preventive medicine and public health,” Trump said…
