India evicting 30 people an hour as cities modernize - activists
NEW DELHI, Feb 23 (Thomson Reuters Foundation) - At least six homes are destroyed and 30 people forcibly evicted each hour in India as authorities modernize cities and build highways, activists said on Friday, highlighting the urgent need for greater investment in social rental housing.
BRIEF-US appeals court revives Schwab claims in Libor manipulation case
Feb 23 (Reuters) - u.s. Appeals court revives some claims by charles schwab corp against big banks it accused of libor manipulation -- court ruling 2Nd u.s. Circuit court of appeals says lower court judge erred in dismissing some state law claims, federal securities claims and unjust enrichment claims Schwab and several of its mutual funds had alleged that the banks' libor manipulation caused economic harm Court says schwab purchased more than $40 billion of debt from various bank defendants during the period of alleged libor manipulation
UPDATE 2-India instructs banks to link their core systems with SWIFT after huge fraud
MUMBAI, Feb 23 (Reuters) - India's central bank has asked commercial lenders to link their core software with the SWIFT interbank messaging system by the end of April, bankers said, in the latest regulatory action after a $1.8 billion fraud at Punjab National Bank (PNB).
More bombs fall on Syria's eastern Ghouta ahead of U.N. vote
BEIRUT (Reuters) - A new wave of bombs struck Syria's eastern Ghouta district unabated on Friday, witnesses said, ahead of a U.N. Security Council vote to demand a 30-day ceasefire to end one of the deadliest bombing campaigns of the war.
Enterprise to end discounts for NRA members on three of its brands
(Reuters) - U.S. car rental company Enterprise Holdings Inc said it would end discount programs for three of its brands with members of the National Rifle Association (NRA), following a shooting that killed 17 at a Florida high school.
WRAPUP 2-More bombs fall on Syria's eastern Ghouta ahead of U.N. vote
BEIRUT, Feb 23 (Reuters) - A new wave of bombs struck Syria's eastern Ghouta district unabated on Friday, witnesses said, ahead of a U.N. Security Council vote to demand a 30-day ceasefire to end one of the deadliest bombing campaigns of the war.
Fed chief Powell's testimony to House panel changed to Feb. 27
WASHINGTON, Feb 23 (Reuters) - Federal Reserve Chairman Jerome Powell will now testify on the central bank's semi-annual report on monetary policy and the economy on Tuesday, Feb. 27 before the U.S. House of Representatives’ Financial Services Committee, the panel announced on Friday.
UPDATE 1-Russia says ready to agree on UN resolution on Syria but with caveats
MOSCOW, Feb 23 (Reuters) - Russia is ready to agree on a U.N. Security Council draft resolution in Syria but it needs guarantees on a ceasefire, Foreign Minister Lavrov said on Friday.
UPDATE 3-Royal Bank of Scotland profit milestone overshadowed by DOJ impasse
LONDON, Feb 23 (Reuters) - Royal Bank of Scotland Group reported its first annual profit in a decade on Friday, but the milestone was bitter-sweet for the British bank which had wanted to resolve a multibillion-dollar misconduct case in 2017.
S.Korea's Moon says Seoul cannot acknowledge N.Korea as nuclear state-Blue House
SEOUL, Feb 23 (Reuters) - South Korea cannot acknowledge North Korea as a nuclear state and talks with the North on denuclearisation and improving inter-Korean relations must go hand in hand, the South's President Moon Jae-in said on Friday, cited by his spokesman.
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