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Japan town blocks view of Mt Fuji at photo spot to stop crowds May 2, 2024 08:36AM

By Akiko Okamoto

FUJI-KAWAGUCHIKO, Japan (Reuters) - Officials in a Japanese town are erecting a 2.5-meter (8.2 ft) high barrier to block a view of Mount Fuji and obstruct a photo spot that has been attracting so many visitors they have become a nuisance for locals.

Visitors have been flocking to Fuji-Kawaguchiko town, about 50 kilometres (31 miles) southwest of Tokyo, to capture the coupling of two symbols of Japan: the majestic,... (continue reading...)


China travel surges for May holiday but consumers remain wary May 2, 2024 08:34AM

By Sophie Yu and Alessandro Diviggiano

(Reuters) - Travel by rail and car across China surged on Wednesday, the first day of a major public holiday, as consumers remained focused on keeping expenses down in a challenged economy.

In the run-up to the five-day holiday that began with May Day, domestic airline fares were falling and forecasts suggested more travelers were opting to drive rather than fly, or had booked early to save.

... (continue reading...)
Howmet Aerospace lifts dividend, annual forecasts on robust parts demand May 2, 2024 08:31AM

(Reuters) - Howmet Aerospace on Thursday raised its full-year profit and revenue forecasts and said it would raise its quarterly dividend by two cents per share thanks to robust demand for its engine products and fastening systems.

Shares of the Pennsylvania-based company jumped 9.3% before the bell after it also reported better-than-expected results for the first quarter.

A surge in post-pandemic travel demand has prompted plane... (continue reading...)


Greenback strength to persist on delayed Fed rate cut calls May 2, 2024 08:31AM

By Sarupya Ganguly

BENGALURU (Reuters) - A rallying U.S. dollar will stand resolute and may even trade more strongly than predicted in coming months if the policies of the Federal Reserve and other major central banks diverge, according to FX strategists polled by Reuters.

Recovering from a lull in late-2023, the greenback has shrugged off forecasts for dollar weakness from strategists in Reuters polls over the past year with aplomb, and... (continue reading...)


Hungary's media-savvy newcomer aims to disrupt political status quo May 2, 2024 08:31AM

By Anita Komuves

BUDAPEST (Reuters) - Peter Magyar was taking selfies with supporters in front of a busy Budapest market hall one Saturday morning last month when he asked them to give him a minute.

He took out his phone, started a live Facebook video and announced that his Tisza party had collected enough signatures to run in elections to the European Parliament in June.

It was a move typical of the media-savvy former... (continue reading...)


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