By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysian towns were left inundated with muddy water in the wake of torrential rains, footage shared on social media and verified by …
Reuters
-
- Business News
Russian mobile calls, internet seen deteriorating after Nokia, Ericsson leave
by Reutersby ReutersBy Supantha Mukherjee and Alexander Marrow STOCKHOLM/MOSCOW (Reuters) -When telecoms gear makers Nokia and Ericsson leave Russia at the end of the year, their departure could steadily cripple the country’s …
- Business News
Tesla to freeze hiring, lay off employees next quarter – Electrek
by Reutersby Reuters(Reuters) -Another wave of layoffs are coming at electric-car maker Tesla Inc in the next quarter, news website Electrek reported on Wednesday, citing a source familiar with the matter. Tesla …
-
HELSINKI (Reuters) – Finland’s Fortum said on Wednesday it had concluded the sale of its stake in utility Uniper to the German State. The German government in late September agreed …
- Business News
Nike shares surge as inventory challenges start to abate, demand stays strong
by Reutersby Reuters(Reuters) -Nike Inc’s shares soared nearly 15% on Wednesday as investors shrugged off margin pressure at the sportswear giant and focused on the company’s efforts to fix its inventory problems …
- US and World News
U.S. couple detained in Uganda gets fresh charge that carries death penalty
by Reutersby ReutersKAMPALA (Reuters) -A U.S. couple detained in Uganda on charges of aggravated torture of a 10-year-old boy face an additional charge of aggravated child trafficking which carries the death penalty …
- Business News
Canada’s inflation eases a notch, leaves door open for another rate hike
by Reutersby ReutersBy Ismail Shakil and Steve Scherer OTTAWA (Reuters) – Canada’s annual inflation rate eased to 6.8% in November as gasoline price rose more slowly, data showed on Wednesday, leaving the …
- US and World News
TC Energy sends ruptured Keystone pipeline segment for testing after regulator order
by Reutersby Reuters(Reuters) – TC Energy said on Wednesday that it had safely removed the ruptured segment of Keystone pipeline that caused an oil spill earlier this month and sent it for …
-
By Pavel Polityuk and Lidia Kelly KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy has often astonished the world with his trips to the battlefield but his visit to Washington to press …
- US and World News
Ukrainian president’s trip to U.S. ‘highly symbolic’, aide says
by Reutersby ReutersBy Pavel Polityuk KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy’s “extremely significant” visit to the United States on Wednesday will disprove Russian attempts to show that U.S.-Ukrainian relations are cooling, a …
-
WASHINGTON (Reuters) – The U.S. current account deficit narrowed sharply in the third quarter as exports jumped to a record high, data showed on Wednesday. The Commerce Department said that …
- Business News
In hangover of World Cup fiesta, Argentina’s economic reality bites
by Reutersby ReutersBy Rodrigo Campos and Belen Liotti NEW YORK/BUENOS AIRES (Reuters) – Gregorina Victorica, 86, a retiree in Buenos Aires has been cheering Argentina’s victory in the soccer World Cup, which …
- Business News
U.S. new vehicle sales to fall in December as high prices deter buyers – report
by Reutersby Reuters(Reuters) – U.S. total new vehicle retail sales are expected to decline in December as high vehicle prices and rising borrowing costs pushed consumers to cut back spending, a report …
-
By Anna Koper, Pawel Florkiewicz and Gergely Szakacs WARSAW (Reuters) – As Poland heads for an election year grappling with stagflation, government moves to shift large chunks of its spending …
-
By Kenneth Li -How easy was it to forget the rocket-launching, swashbuckling billionaire inspiration for the superhero “Iron Man” movies held more than one job this year: the self-anointed role …
- Business News
Aircraft lessor SMBC completes $6.7 billion purchase of rival Goshawk
by Reutersby ReutersDUBLIN (Reuters) – SMBC Aviation Capital has completed its purchase of smaller rival Goshawk Aviation in a deal that creates the world’s second largest aircraft lessor by number of aircraft, …
- Business News
Video gamers sue Microsoft in U.S. court to stop Activision takeover
by Reutersby ReutersBy Mike Scarcella (Reuters) -Microsoft Corp was hit on Tuesday in U.S. court with a private consumer lawsuit claiming the technology company’s $69 billion bid to purchase “Call of Duty” …
- Business News
Putin oversees launch of Siberian gas field feeding pipeline to China
by Reutersby Reuters(Reuters) – Russian President Vladimir Putin presided over the launch of a major new Siberian gas field on Wednesday to help drive a planned surge in supply to China. The …
- Business News
Nike beats estimates boosted by discounts, promotions; shares surge
by Reutersby ReutersBy Ananya Mariam Rajesh (Reuters) -Nike Inc reported its best quarterly revenue growth in more than a decade barring one quarter and handily beat profit expectations on Tuesday, as North …
- US and World News
25 militants killed in Pakistan army raid on detention centre; one hostage dies
by Reutersby ReutersBy Jibran Ahmad and Asif Shahzad PESHAWAR, Pakistan (Reuters) – Pakistan’s security forces killed 25 of 35 Islamist militants holed up in a counter-terrorism centre in the northwestern city of …
- US and World News
Remember Ukraine’s smileless children this Christmas, pope says
by Reutersby ReutersVATICAN CITY (Reuters) – Pope Francis on Wednesday called on people to remember Ukrainian children suffering in the cold this Christmas. “Let us think of the many children in Ukraine …
- Business News
Soaring energy costs push UK public borrowing to November record
by Reutersby ReutersBy David Milliken LONDON (Reuters) – British public borrowing unexpectedly jumped last month to hit its highest for any November on record, reflecting the mounting cost of energy subsidies, debt …
-
A look at the day ahead in U.S. and global markets from Mike Dolan. Amid all the macro policy excitement this month, the relentless slide of electric auto giant Tesla’s …
- US and World News
Russia’s Medvedev meets China’s Xi in Beijing, says Ukraine conflict discussed
by Reutersby Reuters(Reuters) – Former Russian president Dmitry Medvedev has undertaken a surprise trip to Beijing and held talks with Chinese President Xi Jinping during which he said they discussed the Ukraine …
- Business News
Sri Lanka’s national consumer price inflation eases to 65% in Nov
by Reutersby Reuters(Reuters) – Sri Lanka’s National Consumer Price Index (NCPI) eased year-on-year to 65% in November after a 70.6% jump in October, the statistics department said on Wednesday. Food prices were …