US dollar drifts lower, market consolidates gains post-inflation data

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slipped on Wednesday, a day after rising on hotter-than-expected U.S. inflation data, as investors consolidated gains ahead of this week’s economic data that could shed light on when the Federal Reserve might start cutting interest rates this year. In afternoon trading, the dollar index, which measures the…

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Trump Georgia election subversion judge dismisses some charges

(Reuters) -The judge in Donald Trump’s Georgia election subversion trial on Wednesday dismissed three criminal counts against the former U.S. president and three others against co-defendants, a court filing showed on Wednesday, while letting the overall case proceed. Fulton County Judge Scott McAfee decided that allegations by state prosecutors that Trump and his co-defendants tried…

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Exclusive-Israeli tank strike killed ‘clearly identifiable’ Reuters reporter – UN report

By David Gauthier-Villars, Laila Bassam and Tom Perry ISTANBUL (Reuters) – An Israeli tank killed Reuters reporter Issam Abdallah in Lebanon last year by firing two 120 mm rounds at a group of “clearly identifiable journalists” in violation of international law, a U.N. investigation into the Oct. 13 incident has found. The investigation by the…

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Hunter Biden rejects House Republicans’ call for public testimony

By Makini Brice WASHINGTON (Reuters) -U.S. President Joe Biden’s son Hunter Biden rejected a request to testify to an open hearing before a Republican-controlled U.S. House of Representatives committee conducting an impeachment probe of his father, his lawyer said on Wednesday. “Your blatant planned-for-media event is not a proper proceeding but an obvious attempt to…

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India’s Reliance to buy Paramount’s stake in Viacom18

(Reuters) -India’s Reliance Industries has agreed to buy Paramount Global’s entire 13.01% stake in local entertainment network Viacom 18 Media for about $517 million (42.86 billion Indian rupees), the U.S. company said in a regulatory filing. Viacom18 is majority-owned by Reliance and has 40 television channels, including Comedy Central, Nickelodeon and MTV. Paramount said it…

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