Reuters - Morning Digest

Click to View in Browser

Thursday, March 28, 2019

Bond yields on the canvas, Turkey's lira on the ropes

Global bond yields continued to spiral lower on Thursday as recession fears fed expectations of more policy easing by major central banks, while Turkey's lira took a 5 percent beating as pressure ratcheted up on its volatile markets again.

Mozambique to start cholera vaccinations next week after cyclone

Mozambique will start a cholera vaccination campaign next week in areas ravaged by Cyclone Idai, the World Health Organisation (WHO) said on Thursday, after five confirmed cases were detected.

UK watchdog fines Goldman Sachs $45 million for reporting failures

Britain's markets watchdog said on Thursday it has fined Goldman Sachs 34.3 million pounds ($45.07 million) for failing to provide accurate and timely reporting of transactions spanning a decade.

Britain rebukes Huawei over security failings, discloses more flaws

Britain publicly chastised China's Huawei Technologies for failing to fix long-standing security flaws in its mobile network equipment and revealed new "significant technical issues," increasing pressure on the company as it battles Western allegations that Beijing could use its gear for spying.

Modi hails India as military space power after anti-satellite missile test

India shot down one of its own satellites in low-Earth orbit with a ground-to-space missile on Wednesday, Prime Minister Narendra Modi said, hailing his country's first test of such weaponry as a breakthrough establishing it as a military space power.

Soccer: Solskjaer named permanent Manchester United manager

Manchester United have appointed Ole Gunnar Solskjaer as their permanent manager on a three-year contract, the Premier League club said on Thursday.

Chicago prosecutor defends dropping charges in Jussie Smollett case

Chicago's top prosecutor said on Wednesday that her office believed actor Jussie Smollett "culpable" in the criminal case where police say he staged being the victim of a hate crime attack but said her office never intended to seal the court records.

Lawsuit says TGI Fridays potato skins contain no potato skins

It is acceptable to sell French fries that are not made in France, but a new lawsuit says it is not acceptable to sell potato skin snack chips that are not made from potato skins.