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Dollar on defensive as markets hope for best on Middle East

By Wayne Cole SYDNEY, May 7 (Reuters) - The dollar remained on the defensive on Thursday as hopes for a de-escalation in the Iran-U.S. war supported oil-exposed currencies, while Tokyo resumed its verbal intervention in support of the yen keeping speculators cautious. Iran said on Wednesday ...
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Sanofi asks to pull diabetes drug out of FDA voucher program, STAT News reports

May 6 (Reuters) - Sanofi has asked the U.S. Food and Drug Administration to pull its diabetes drug out of the regulator's new fast-track review program, STAT News reported on Wednesday. The move comes after the director of the FDA's Center for Drug Evaluation and ...
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Cruise ship hit by hantavirus outbreak departs Cape Verde for Canary Islands, Reuters witness says

DAKAR, May 6 (Reuters) - A luxury cruise ship hit by a deadly hantavirus outbreak and marooned since Sunday off the coast of Cape Verde left for Spain's Canary Islands on Wednesday after three people, two of them seriously ill, were evacuated, a Reuters ...
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BUSINESS HEADLINES

Lower-income Americans hit hardest by gas price spike, widening inequalities, study finds WASHINGTON (AP) - Lower-income Americans sharply reduced their gas consumption in the month following the Iran war, yet spiking prices still forced them to spend more at the pump, worsening the economy's disparities, ...
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Hopes for reopening the Strait of Hormuz push Asian shares higher, as oil prices hold above $100

Asian shares jumped, with Tokyo's Nikkei 225 gaining 5.7% on Thursday, as investors waited to see if the U.S. and Iran will strike a deal allowing tankers to deliver crude from the Persian Gulf again. Japan's benchmark Nikkei 225 index jumped 3,402 points to 62,915.87 ...
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States pushing back on data center sales tax breaks as Wisconsin forgoes $1.5B

(The Center Square) - While those supporting sales tax breaks for data center projects say they believe the breaks are necessary to compete for projects amongst the 38 states that currently offer the incentives, a growing number of state Legislatures are considering whether the ...
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After Trump’s attacks, Supreme Court Justice Neil Gorsuch determined to stay ‘fearless’ and ‘independent’

(WASHINGTON) -- Supreme Court Justice Neil Gorsuch responded publicly to personal attacks by President Donald Trump in an interview with ABC News Live Prime anchor Linsey Davis, suggesting he is determined to remain "independent" and "fearless" in fulfilling his duty despite harsh criticism from ...
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Passengers on hantavirus-stricken ship sway between fear, boredom

By Toby Sterling and Richard Lough AMSTERDAM, May 6 (Reuters) - It was billed as an Atlantic odyssey to some of the most remote islands in the world. Instead, the cruise on the hantavirus-stricken MV Hondius was left stranded off Cape Verde with passengers in ...
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Argentina to test rodents at origin point of hantavirus-hit cruise ship

By Leila Miller BUENOS AIRES, May 6 (Reuters) - Argentina's health ministry will carry out rodent trapping and analysis in the southern city of Ushuaia, the origin point of a cruise ship hit by a deadly hantavirus outbreak, it said in a statement on ...
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EU negotiator says ‘still some way to go’ on US trade deal under threat of higher auto tariffs

BRUSSELS, May 7 (Reuters) - European lawmakers and governments are making good progress in negotiations to finalise a deal scrapping duties on U.S. imports but "there is still some way to go", the European Parliament's chief negotiator Bernd Lange said on Thursday. The lawmakers and ...
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European fishing firms reflag ships to tap Indian Ocean tuna quotas, report finds

The European fishing fleet has long been a powerhouse at catching tuna, with a fleet of massive vessels known as purse seiners that can hold as much as 4 million pounds (1.8 million kilograms) of fish at a time. Dozens of them roam the ...
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Reports: As record crude production increases in Texas, flaring intensity drops

(The Center Square) - Another report shows a consistent pattern: as record oil production occurs in the Permian Basin and other key oil fields in Texas, flaring intensity continues to drop, improving environmental outcomes. ...
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