SHANGHAI (Reuters) -China said on Saturday it would stop checking truck drivers and ship crew transporting goods domestically for COVID-19, removing a key bottleneck from its supply chain network as …
Reuters
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Business News
Investigators, cleanup crews begin scouring oil pipeline spill in Kansas
by Reutersby ReutersBy Erwin Seba and Nia Williams WASHINGTON, Kansas (Reuters) -Emergency crews on Friday were preparing to labor through the weekend to clean up the largest U.S. crude oil spill in …
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ISTANBUL (Reuters) – Turkey’s BDDK banking watchdog has set the foreign currency net position to standard capital ratio for banks at a maximum 5% according to a regulation published in …
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TAIPEI (Reuters) – Taiwan may take China to the World Trade Organization after the country effectively banned the import of more Taiwanese food and drink products, Premier Su Tseng-chang said …
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Business News
Taiwan central bank will adopt ‘appropriate’ monetary policy next year
by Reutersby ReutersTAIPEI (Reuters) – Taiwan’s central bank said on Saturday it will adopt an “appropriate” monetary policy and properly use various tools to promote price stability and help the economy next …
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US and World News
In China’s Wuhan, a shadow of reserve and resentment even as COVID lockdowns ease
by Reutersby ReutersBy Martin Quin Pollard WUHAN (Reuters) -In the Chinese city of Wuhan, the epicenter of the COVID-19 outbreak nearly three years ago and where thousands died, residents cautiously greeted a …
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US and World News
China to allow German expats to use German COVID-19 vaccines
by Reutersby ReutersBEIJING (Reuters) – The Chinese foreign ministry said China and Germany had reached an agreement on providing “German vaccines” to German nationals in China, after the German Chancellor recently said …
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By Mehnaz Yasmin and Kanishka Singh WASHINGTON (Reuters) -FTX’s Sam Bankman-Fried is set to testify before a U.S. House committee on Tuesday, the cryptocurrency exchange’s founder and the congressional panel …
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US and World News
U.S. to appeal dismissal of Chinese agent lawsuit against casino tycoon Wynn
by Reutersby ReutersBy Kanishka Singh WASHINGTON (Reuters) – The U.S. Justice Department will appeal the dismissal of a lawsuit against casino magnate Steve Wynn, who it accused of acting as a Chinese …
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Business News
Toshiba’s preferred bidder moving closer to securing financing for buyout -sources
by Reutersby Reuters(This Dec. 8 story has been corrected to show that valuation does not include debt, but buyout would be partly funded by loans by the banks, in paragraph 4) By …
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Business News
Toshiba’s preferred bidder moving closer to securing financing for buyout -sources
by Reutersby Reuters(In 4th paragraph, corrects to show that valuation does not include debt, but buyout would be partly funded by loans by the banks) By Makiko Yamazaki, Kane Wu and Ritsuko …
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By Andrea Shalal WASHINGTON (Reuters) – Britain this week inked an agreement aimed at boosting trade and investment with South Carolina, its third such deal with a U.S. state, and …
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By Ankika Biswas and Noel Randewich (Reuters) – Wall Street ended lower on Friday as investors assessed economic data and awaited a potential 50-basis point interest rate hike by the …
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US and World News
Peru’s new president says she is open to early election talks
by Reutersby ReutersBy Marco Aquino LIMA (Reuters) -Peruvian President Dina Boluarte on Friday said she was willing to discuss early elections with the country’s political and civil organizations, but ruled out kick-starting …
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Business News
Trade panel sides with Mexico, Canada in auto rules dispute, Mexico says
by Reutersby ReutersMEXICO CITY (Reuters) – A dispute panel under a regional trade pact has sided with Mexico and Canada against the United States in a disagreement over regional content requirements for …
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US and World News
Kyrsten Sinema leaves Democratic Party, adding drama to tight U.S. Senate margin
by Reutersby ReutersBy Richard Cowan and Doina Chiacu WASHINGTON (Reuters) – U.S. Senator Kyrsten Sinema of Arizona is leaving the Democratic Party to become an independent, she said on Friday, just days …
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Business News
Spirit Airlines offers big raises to pilots in new contract – union memo
by Reutersby ReutersBy Rajesh Kumar Singh CHICAGO (Reuters) -Spirit Airlines has offered as much as a 43% cumulative weighted average pay raise to its pilots over two years, according to a union …
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US and World News
U.S. Supreme Court to consider prohibition on encouraging illegal immigration
by Reutersby ReutersBy Andrew Chung (Reuters) – The U.S. Supreme Court on Friday agreed to hear a bid by President Joe Biden’s administration to revive a federal law that makes it a …
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US and World News
Buffalo supermarket shooter seeks plea deal to avoid death penalty
by Reutersby Reuters(Reuters) – The white man who admitted to shooting dead 10 Black people at a western New York grocery store in May would consider pleading guilty to federal charges if …
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US and World News
Russia trying to get ballistic missiles from Iran, says Britain
by Reutersby ReutersBy Michelle Nichols UNITED NATIONS (Reuters) – Russia is attempting to obtain more weapons from Iran, including hundreds of ballistic missiles, and offering Tehran an unprecedented level of military and …
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By Nate Raymond (Reuters) -The U.S. Supreme Court on Friday agreed to hear cryptocurrency exchange Coinbase Global Inc’s bid to halt lawsuits the company contends belong in private arbitration, including …
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Business News
North Carolina treasurer wants BlackRock CEO to go, but keeps assets at firm
by Reutersby ReutersBy Ross Kerber (Reuters) -North Carolina’s state treasurer on Friday called for BlackRock Inc Chief Executive Laurence Fink to resign or be removed from the top asset management firm, citing …
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By Daren Butler and Can Sezer ISTANBUL (Reuters) -Turkey emerged as a critical stumbling block to a complex international plan to deprive Russia of wartime oil revenues as the number …
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(Reuters) – Rating agency Fitch maintained United Kingdom’s sovereign debt rating at “AA-” on Friday, citing Prime Minister Rishi Sunak’s macroeconomic policy framework, deep capital markets and the sterling’s international …
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US and World News
UN secretary-general calls on Nigeria to investigate report of forced abortions
by Reutersby Reuters(Reuters) -United Nations Secretary-General Antonio Guterres called on Nigerian authorities to investigate allegations of systemic and coerced abortions reportedly perpetrated by the Nigerian army, U.N spokesman Stephane Dujarric said on Friday. …