By Michael S. Derby
(Reuters) - Federal Reserve Vice-chair Phillip Jefferson said Monday that while it is important for a central bank to communicate clearly with the public, there are times when those communications can get muddled.
“It’s widely accepted” that clear communications enhances how effective central bank policies are “because clear communication can affect the expected path of interest rates and financial conditions... (continue reading...)
By Milana Vinn
NEW YORK (Reuters) - Private equity firm Cinven is preparing to explore a sale of Jaggaer that it hopes will value the maker of supply chain software at about $3 billion, including debt, according to people familiar with the matter.
Cinven has tapped investment banks Goldman Sachs and Moelis to advise Jaggaer on its sale process that is expected to launch later this year, six sources said, requesting anonymity as the... (continue reading...)
MOSCOW (Reuters) - The Duma, the lower house of the Russian parliament, on Monday approved the nomination of Alexander Novak as Deputy Prime Minister.
On Saturday, Prime Minister Mikhail Mishustin proposed to lawmakers to re-appoint Novak as deputy prime minister with additional responsibility for the economy, on top of his previous duties overseeing the energy sector and acting as Russia's point man in the OPEC+ group of oil producers.
... (continue reading...)ISTANBUL (Reuters) - Turkish police arrested a man suspected of trying to smuggle valuable poisonous spiders and scorpions out of the country, with state media identifying the suspect on Monday as a curator at New York's American Museum of Natural History.
Police arrested the suspect at Istanbul Airport on Sunday and seized dozens of bags from his luggage containing some 1,500 scorpions and spiders, including tarantulas, as well as dozens of plastic... (continue reading...)
By Charlotte Van Campenhout
AMSTERDAM (Reuters) - Pro-Palestinian protesters on Monday occupied university buildings in the Dutch cities of Amsterdam, Groningen and Eindhoven, condemning Israel's war in Gaza, the Dutch protest group behind the action said in a statement.
A spokesperson for the University of Amsterdam (UvA) confirmed the occupation and said it advised people who are not affiliated with the protest to leave the building.
... (continue reading...)More Reuters
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