By Tom Balmforth KYIV (Reuters) – Ukraine has prepared an array of new military units for its long-anticipated counteroffensive this summer, while its established brigades weathered Russia’s winter offensive in …
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US and World News
New tropical depression expected to become first 2023 hurricane -US center
by Reutersby Reuters(Reuters) – The third topical depression of the 2023 hurricane season has formed in the central tropical Atlantic and is expected to become a hurricane in a few days, the …
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US and World News
Top minister says Israel to keep promoting settlements despite U.S. concern
by Reutersby ReutersJERUSALEM (Reuters) – A top Israeli minister defied U.S. concern over settlement building in the occupied West Bank on Monday, saying the government would continue building and would not accept …
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Business News
RTX: Pratt & Whitney engines unit to take $500 million free cashflow hit
by Reutersby ReutersPARIS (Reuters) – RTX expects to take a $500 million hit to free cash flow due to a supply chain problem with the GTF engine made by its Pratt & …
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Business News
Hong Kong stock exchange’s yuan stock trading debut gets lukewarm trade volume
by Reutersby ReutersBy Georgina Lee HONG KONG (Reuters) – The 24 companies that debuted the yuan-denominated stock trading scheme in Hong Kong attracted a small fraction of their stocks’ trading volume on …
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By Julia Payne BRUSSELS (Reuters) – Europe is in danger of losing the race to become a global battery powerhouse as access to raw materials remains a major roadblock along …
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US and World News
Ukraine targets initial $40 billion for ‘Green Marshall Plan’
by Reutersby ReutersBy Simon Jessop and Olena Harmash LONDON (Reuters) -Ukraine is seeking up to $40 billion to fund the first part of a “Green Marshall Plan” to rebuild its economy, including …
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Business News
Dollar nudges up, sterling near 14-month highs ahead of BoE decision
by Reutersby ReutersBy Iain Withers LONDON (Reuters) -The dollar edged higher and the UK pound was near a 14-month peak on Monday as investors digested a slew of monetary policy decisions by …
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By Dmitriy Turlyun MELEKHOVO, Russia (Reuters) -The trial of Russian opposition leader Alexei Navalny on new charges of “extremism” will take place behind closed doors, a court spokesman said on …
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Business News
Italy’s TIM leaning towards KKR for talks over grid sale, sources say
by Reutersby ReutersBy Giuseppe Fonte and Elvira Pollina ROME (Reuters) – Telecom Italia (TIM) is leaning towards entering talks with KKR over the sale of its prized landline grid, two sources said, …
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US and World News
Thailand justifies talks with Myanmar as key ASEAN members stay away
by Reutersby ReutersBANGKOK (Reuters) -Thailand on Monday justified hosting talks aimed at re-engaging with Myanmar’s shunned military, saying dialogue was necessary to protect its border with the strife-torn country, even as top …
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By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares fell from 14-month highs hit last week, as investors awaited testimony from U.S. Federal Reserve Chair Jerome Powell in …
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US and World News
Canada sanctions Iranian judges over alleged human rights abuses
by Reutersby Reuters(Reuters) – The Canadian government on Monday said it sanctioned Iranian judges over alleged human rights abuses, adding that the step would prohibit dealings with them and freeze any assets …
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Business News
SVB’s Asian customers who lost deposits remain on the hook for loans – WSJ
by Reutersby Reuters(Reuters) – Silicon Valley Bank’s customers in Asia whose deposits were recently seized by the U.S. Federal Deposit Insurance Corp (FDIC) are under pressure to repay loans to First Citizens …
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US and World News
China-U.S. climate partnership vital despite differences, Kerry says
by Reutersby ReutersBy Philip Pullella VATICAN CITY (Reuters) – U.S. climate envoy John Kerry said on Monday that the United States and China – the world’s two biggest greenhouse gas emitters – …
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US and World News
Explainer-What is Juneteenth and how are people marking the day?
by Reutersby Reuters(Reuters) – Juneteenth is the newest federal holiday and commemorates the emancipation of enslaved Black Americans. U.S. President Joe Biden signed the bill creating the holiday in 2021. Juneteenth, long …
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FRANKFURT (Reuters) -The European Central Bank should err on the side of further interest rate hikes as inflation could come in even higher than it expects, two ECB policymakers said …
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(Reuters) – Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in Hong Kong is being viewed as an option, the Financial …
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US and World News
Emotional reunion amid despair as Greece searches for shipwreck survivors
by Reutersby ReutersBy Lefteris Papadimas and Karolina Tagaris KALAMATA, Greece (Reuters) -A Syrian teenager who survived a shipwreck that killed at least 78 people off Greece was emotionally reunited with his elder …
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Nothing to see Here but a bear sitting in a truck eating lunch in New Hampshire
SUNAPEE, NH – On a work site in Sunapee, American Plate Glass had an unexpected visitor in the form of a bear. The incident on June 16 was captured on …
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Man who shot himself in leg claims he was dreaming of home intruder
Lake Barrington, Illinois – A man from Lake Barrington, a suburb of Chicago, is facing firearm charges after accidentally shooting himself in the leg while dreaming of an intruder breaking …
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Waterspout runs ashore at Florida beach, sending cabanas, umbrellas flying
On an overcast and stormy afternoon, a small waterspout unexpectedly made its way ashore near Lifeguard Tower 2 at Clearwater Beach Friday afternoon. The waterspout, a tornado that forms over …
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By Ahmed Eljechtimi RABAT (Reuters) – The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing Director …
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MADRID (Reuters) – The European Central Bank is likely to raise interest rates again next month but it is too early to predict the decision of the September meeting, which …
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PARIS (Reuters) – GE Chairman and GE Aerospace CEO Larry Culp said on Monday all options were on the table, when asked whether the company would be interested in investing …