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 …
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New York gun bans alarm residents of upstate bear country
by Reutersby ReutersBy 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 …
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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 …
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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 …
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Explainer-What charges might Trump face for having classified documents?
by Reutersby ReutersBy 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 …
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First rigging claims as Kenyan media slow vote tally in tight presidential race
by Reutersby ReutersBy 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 Reutersby ReutersBERLIN – 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 …
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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 …
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Biden advisers push early launch of his 2024 presidential campaign
by Reutersby ReutersBy 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 Reutersby ReutersBy 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 Reutersby ReutersBy 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 Reutersby ReutersMEXICO 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 Reutersby ReutersBy 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 …
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GSK, Sanofi and Haleon shares slump on Zantac litigation concerns
by Reutersby ReutersBy 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 …
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Analysis: How Carlyle CEO Kewsong Lee’s turnaround of the private equity firm was cut short
by Reutersby ReutersBy 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 …
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Stronger dollar down for the week as clues point to inflation peak
by Reutersby ReutersBy 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 …
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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 …
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Oil falls 2% on expectations that U.S. Gulf supply disruption will ease
by Reutersby ReutersBy 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 …
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Developers add less than half of planned U.S. solar capacity in H1 – EIA
by Reutersby Reuters(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 …
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U.S. actress Anne Heche dies after being pulled off life support – Daily Mail
by Reutersby Reuters(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. …
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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 Reutersby ReutersWASHINGTON – 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 Reutersby ReutersTOKYO – 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 …
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Parts of China’s Hainan extend COVID lockdown, Lhasa in Tibet tightens curbs
by Reutersby Reuters(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 Reutersby Reuters(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 …