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  • Financial News

    S&P 500, Nasdaq close up 4th straight week as optimism grows

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By Herbert Lash and Bansari Mayur Kamdar NEW YORK – Wall Street closed higher on Friday as signs that inflation may have peaked in July increased investor confidence that a …

  • Top HeadlinesUS and World News

    New York gun bans alarm residents of upstate bear country

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By Jonathan Allen VANDERWHACKER MOUNTAIN WILD FOREST, N.Y. – Gunfire has long echoed in New York’s Adirondack Mountains. Children blast skeet from the sky after school and parents mingle and …

  • Financial News

    U.S. court upholds FCC reallocation of auto safety spectrum

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By David Shepardson WASHINGTON -A U.S. appeals court on Friday rejected a legal challenge to the Federal Communications Commission’s (FCC) 2020 decision to shift much of a key spectrum block …

  • Financial News

    Global stocks rise, U.S. yields fall as inflation slows

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By Chibuike Oguh NEW YORK – Global equity markets rose while U.S. Treasury yields fell on Friday as investors tempered their expectations of the scale of the Federal Reserve’s interest …

  • Top HeadlinesUS and World News

    Explainer-What charges might Trump face for having classified documents?

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By Luc Cohen NEW YORK -Here is an outline of the legal problems Donald Trump might face over his removal from the White House of official presidential records, including some …

  • Top HeadlinesUS and World News

    First rigging claims as Kenyan media slow vote tally in tight presidential race

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By Katharine Houreld and Duncan Miriri NAIROBI -Without providing any proof, the secretary-general of Kenya’s governing party has said there was election rigging, fuelling public anxiety on Friday as media …

  • Financial News

    Berlin wants to reduce gas use by 2% with new regulations – officials

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    BERLIN – New measures to reduce Germany’s gas consumption by 2% require strict cutbacks by public and private users as Europe battles a sharp reduction in Russian gas supplies, government …

  • Financial News

    TSX closes above 20,000 for first time in two months

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By Fergal Smith (Reuters) – Canada’s main stock index rose on Friday, extending the week’s gains, as investors cheered signs of easing inflation pressures and two major telecom companies made …

  • Top HeadlinesUS and World News

    Biden advisers push early launch of his 2024 presidential campaign

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By Jarrett Renshaw and Trevor Hunnicutt KIAWAH ISLAND, S.C. – U.S. President Joe Biden should announce his candidacy for re-election sooner than usual following November’s congressional race in a bid …

  • Financial News

    Mexico’s Pemex requests $6.5 billion more funding for ‘Dos Bocas’ refinery -documents, source

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By Adriana Barrera and Ana Isabel Martinez MEXICO CITY -Mexico’s state-oil company Pemex requested this week almost $6.5 billion in additional funding from the government to pay for works at …

  • Financial News

    Colombia forecasts 2022 trade with Venezuela could hit $1.2 billion

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By Nelson Bocanegra CARTAGENA, Colombia – Colombia’s trade with Venezuela could hit $1.2 billion this year, its commerce minister German Umana said on Friday, after the country’s new President Gustavo …

  • Financial News

    Mexican Unifin’s debt restructuring is negative for other fincos -Moody’s

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    MEXICO CITY -Mexican leasing firm Unifin’s debt restructuring is credit negative and could reflect tight refinancing conditions for Mexican financial institutions, Moody’s rating agency said on Friday. “Unifin’s restructuring and …

  • Financial News

    Exclusive-Brazil, Paraguay to resume talks on Itaipu energy sale conditions

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By LetĂ­cia Fucuchima SAO PAULO -Brazil and Paraguay will resume negotiations regarding conditions for the sale of energy from the Itaipu hydroelectric plant, potentially opening a door for the bi-national …

  • Financial News

    GSK, Sanofi and Haleon shares slump on Zantac litigation concerns

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By Natalie Grover and Danilo Masoni LONDON -Shares in GSK, Sanofi and Haleon fell sharply on Thursday, following declines earlier this week, amid growing investor concerns about U.S. litigation focused …

  • Financial News

    Analysis: How Carlyle CEO Kewsong Lee’s turnaround of the private equity firm was cut short

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By Chibuike Oguh and Angelique Chen NEW YORK – Kewsong Lee bolstered Carlyle Group Inc’s growth after he took over the reins in 2018, yet the private equity firm continued …

  • Financial News

    Stronger dollar down for the week as clues point to inflation peak

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By John McCrank NEW YORK -The dollar rallied on Friday but was set for a weekly drop as traders weighed improving U.S. inflation data against comments from Federal Reserve officials …

  • Financial News

    Soft landing hopes for U.S. economy brighten outlook on stocks

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By Lewis Krauskopf NEW YORK – Optimism is seeping back into the U.S. stock market, as some investors grow more convinced that the economy may avoid a severe downturn even …

  • Financial News

    Oil falls 2% on expectations that U.S. Gulf supply disruption will ease

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By Stephanie Kelly NEW YORK -Oil prices plunged around 2% on Friday, on expectations that supply disruptions in the U.S. Gulf of Mexico would be short-term, while recession fears clouded …

  • Top HeadlinesUS and World News

    Developers add less than half of planned U.S. solar capacity in H1 – EIA

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    (Reuters) – Power plant developers in the United States added less than half of the planned solar photovoltaic capacity in the half first of 2022, the U.S. Energy Information Administration …

  • Top HeadlinesUS and World News

    U.S. actress Anne Heche dies after being pulled off life support – Daily Mail

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    (Reuters) – U.S. actress Anne Heche died after her life support was turned off, a week after her fiery car crash in Los Angeles, the Daily Mail reported on Friday. …

  • Top HeadlinesUS and World News

    Top U.S. auto safety regulator stepping down

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    By David Shepardson WASHINGTON -The top U.S. auto safety regulator is stepping down to return to the California Air Resources Board, the National Highway Traffic Safety Administration said on Friday. …

  • Financial News

    U.S. opens probe into 1.7 million Ford vehicles over brake hose recall

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    WASHINGTON – U.S. auto safety regulators said Friday they are investigating whether a 2020 Ford Motor Co recall for vehicles with front brake hoses rupturing prematurely is adequate. The National …

  • Financial News

    Mazda seeks to reduce dependence on Chinese supplies after COVID lockdowns

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    TOKYO – Japan’s Mazda Motor Corp said on Friday it would ask its parts suppliers to increase stockpiles in Japan and produce components outside China after COVID-19 lockdowns in Shanghai …

  • Top HeadlinesUS and World News

    Parts of China’s Hainan extend COVID lockdown, Lhasa in Tibet tightens curbs

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    (This Aug 11 story refiles to add dropped word ‘million’ in paragraph 5) SHANGHAI – A few cities in China’s tourism hub Hainan extended lockdowns on Friday, with some of …

  • Financial News

    Take Five: Retailer round-up, UK economy woes and Europe’s power problems

    by Reuters August 12, 2022
    by Reuters August 12, 2022

    (Reuters) – U.S. retailers’ earnings will give a glimpse into how consumers are dealing with sky-high inflation, and a raft of data offer a check-up on the health of the …

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