By Nate Raymond (Reuters) – A federal appeals court on Wednesday ruled that a decades-old law prohibiting users of illegal drugs from owning firearms was unconstitutional as applied to the …
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LONDON (Reuters) – Britain said on Thursday it was weighing how to respond to a decision by U.S. President Joe Biden to prohibit some tech investments in China, adding it …
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Business News
Japan’s struggling Rakuten to combine credit card and mobile payments business
by Reutersby ReutersBy Anton Bridge TOKYO (Reuters) -Japan’s Rakuten Group will fold its payments and points businesses into its credit card unit, it said on Thursday, a move that could set up …
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SEVERNA PARK, MD – A player in the Maryland Lottery from Severna Park encountered an unexpected $30 in his wallet on August 2nd, prompting him to purchase three $10 scratch-off …
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Business News
Siemens CEO says customers looking outside China for new investments
by Reutersby ReutersZURICH (Reuters) – Siemens is seeing changing investment patterns by some customers regarding China as tensions rise between Washington and Beijing, Chief Executive Roland Busch said on Thursday. Siemens, which …
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US and World News
India, Japan, US, Australia hold first Malabar naval exercise off Australia
by Reutersby ReutersBy Kirsty Needham SYDNEY (Reuters) – India, Japan, the United States and Australia will hold the Malabar navy exercise off the coast of Sydney on Friday, the first time the …
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Business News
Japan wholesale inflation slows again, bolstering case for stimulus
by Reutersby ReutersBy Tetsushi Kajimoto TOKYO (Reuters) -Japan’s wholesale inflation eased for a seventh month in July as pressure from high global commodity prices eased, a development economists say is likely to …
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By Francesco Canepa FRANKFURT (Reuters) – The European Central Bank is on the back foot again and this time the bad news doesn’t come from Greece, Italy or any of …
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By Idrees Ali and Daphne Psaledakis WASHINGTON (Reuters) – Last month’s coup in Niger has raised questions over whether the United States can continue the 1,100-strong military presence in the …
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By Mohi Narayan, Laura Sanicola and Ahmad Ghaddar NEW DELHI/WASHINGTON/LONDON (Reuters) – Global refiners are raking in hefty gains, fuelled by a rebound from second-quarter lows in margins on making …
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Business News
India’s RBI holds rates steady but eyes food price spike; signals tighter policy
by Reutersby ReutersBy Swati Bhat and Sudipto Ganguly MUMBAI (Reuters) -The Reserve Bank of India held its key lending rate steady on Thursday as expected but moved to reduce the amount of …
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By Vera Eckert FRANKFURT (Reuters) -German container shipper Hapag-Lloyd on Thursday posted net profit of 2.9 billion euros ($3.18 billion) for the first half of 2023, down by 67% from …
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By Scott Murdoch (Reuters) – Chinese home appliance maker Midea Group said on Wednesday it is studying a potential listing in Hong Kong as part of its global strategy. The …
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Business News
Disney hikes streaming prices, focuses on costs as Iger moves to reassure investors
by Reutersby ReutersBy Dawn Chmielewski (Reuters) -Walt Disney CEO Bob Iger acknowledged that the entertainment company faces a “challenging environment” in the near term on Wednesday, but he emphasized progress in cutting …
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Business News
China’s CellX pilots lab-grown meat production, eyes U.S. market
by Reutersby ReutersBy Casey Hall SHANGHAI (Reuters) – In an unassuming industrial park on the outskirts of Shanghai, an unusual taste test was happening. As part of an event on Wednesday for …
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Business News
Telefonica teams up with Elon Musk’s Starlink to connect remote customers
by Reutersby ReutersMADRID (Reuters) – Spanish telecoms operator Telefonica said it teamed up with billionaire Elon Musk’s satellite network operator Starlink to provide internet connection to rural and remote customers. The deal …
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Sen. Joe Pennacchio blasted the Murphy administration for a recent controversial ruling made by the State Board of Education that has parents and legislators feeling concerned about the direction of …
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Sen. Declan O’Scanlon expressed his support of local efforts by Holmdel Township to preserve the historic Horn Antenna. The Horn Antenna was used by scientists to confirm the Big Bang …
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Business News
Indian cenbank seeks more rate transparency in floating rate retail loans
by Reutersby ReutersMUMBAI (Reuters) -The Reserve Bank of India (RBI) on Thursday said it will put in place a framework to ensure greater transparency in resetting interest rates and tenors on floating …
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Business News
Texas Instruments plans up to $1 billion investment to expand Philippine facilities
by Reutersby ReutersMANILA (Reuters) – Analog chipmaker Texas Instruments is planning to invest up to $1 billion to expand its Philippine facilities, the Southeast Asian nation’s presidential communications office said on Thursday. …
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US and World News
Poland plans to send up to 10,000 soldiers to border with Belarus
by Reutersby ReutersWARSAW (Reuters) – Poland is planning to move up to 10,000 additional troops to the border with Belarus to support the Border Guard, Defense Minister Mariusz Blaszczak said on Thursday. …
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Business News
Japan’s July core inflation likely slowed on weaker commodity prices: Reuters poll
by Reutersby ReutersBy Kantaro Komiya TOKYO (Reuters) – Japan’s core inflation likely eased in July, according to a Reuters poll of analysts, weighed by softer commodity prices, although the indicator is set …
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US and World News
Ecuador presidential candidate assassinated, one suspect dead – authorities
by Reutersby ReutersBy Alexandra Valencia QUITO (Reuters) -Ecuador presidential candidate Fernando Villavicencio, a vocal critic of corruption and organized crime, was killed at a campaign event on Wednesday, authorities said, amid an …
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Business News
Are Chinese houses for speculation now? Property investors say no
by Reutersby ReutersBy Liangping Gao, Ella Cao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Shanghai businesswoman Kate Ren might have hoped that after Chinese leaders removed the slogan “houses are for living, …
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Business News
Analysis-Bulging warehouses mean lean times for longer for US, European companies
by Reutersby ReutersBy Siddharth Cavale and Josephine Mason NEW YORK/LONDON (Reuters) – Lean times faced by many U.S. and European companies may last longer than expected as they try to sell off …