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  • Financial News

    Five Chinese state-owned companies, under scrutiny in U.S., will delist from NYSE

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

    SHANGHAI/HONG KONG/NEW YORK -Five U.S.-listed Chinese state-owned companies whose audits are under scrutiny by the U.S. securities regulator said on Friday they would voluntarily delist from the New York Stock …

  • Top HeadlinesUS and World News

    Iranian tanker reloads oil confiscated by U.S. in Greece

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

    ATHENS -An Iranian-flagged tanker is reloading oil confiscated in April by the United States after Greek authorities approved the release of the cargo, Iran’s embassy in Athens and sources familiar …

  • Financial News

    Drugmakers’ shares stabilise after Zantac litigation slump

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

    By Natalie Grover LONDON – Shares in GSK, Sanofi, Haleon and Pfizer began to recover on Friday after the companies said that nothing material had changed regarding U.S. litigation focused …

  • Top HeadlinesUS and World News

    One year on, Afghan family still divided after daughter fled, mother stayed

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

    By Mohammad Yunus Yawar and Miguel Gutierrez KABUL/SALAMANCA, Spain – As thousands of Afghans crowded outside Kabul airport a year ago desperately trying to escape the Taliban, Massouda Kohistani managed …

  • Top HeadlinesUS and World News

    Trump Organization, ex-CFO to face October criminal tax fraud trial in New York

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

    By Karen Freifeld and Jonathan Stempel (Reuters) – A New York state judge on Friday refused to dismiss criminal tax fraud charges against Donald Trump’s namesake company and its longtime …

  • Top HeadlinesUS and World News

    U.S. says China used Pelosi’s Taiwan visit as pretext to alter status quo

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

    By Michael Martina WASHINGTON -U.S. Indo-Pacific coordinator Kurt Campbell said on Friday that China “overreacted” to U.S. House of Representatives Speaker Nancy Pelosi’s visit to Taiwan and used it as …

  • Top HeadlinesUS and World News

    In the heart of coal country, U.S. climate bill could push up green shoots

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

    By Andy Sullivan and Rose Horowitch (Reuters) – In West Virginia, a solar field could soon rise atop an abandoned coal mine, and factories will soon be churning out batteries …

  • Financial News

    Best Buy cuts store jobs to shave costs – WSJ

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

    (Reuters) – Best Buy has cut hundreds of store jobs across the United States in the past week, the Wall Street Journal reported on Friday, as the electronics retailer looks …

  • Financial News

    Analysis-U.S. renewables investors see Senate bill sparking gold rush

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

    By Nichola Groom, Cole Horton and Simon Jessop LOS ANGELES/NEW YORK – For the first time, investors seeking to pour cash into U.S. clean energy projects can count on at …

  • Financial News

    Explainer: When will Americans feel the Inflation Reduction Act’s impact?

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

    (Reuters) – The $430 billion U.S. Inflation Reduction Act, expected to pass in the House of Representative on Friday, aims to lower healthcare costs, promote clean energy and increase corporate …

  • Top HeadlinesUS and World News

    Biden admin announces $3 billion in FEMA climate resilience funding

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

    By Timothy Gardner WASHINGTON – The Biden administration on Friday announced it is putting more than $3 billion into two federal programs to help communities deal with floods, wildfires, extreme …

  • Financial News

    European shares rise as healthcare, leisure stocks gain

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

    By Shreyashi Sanyal and Anisha Sircar (Reuters) -European shares rose on Friday after drugmakers rebounded following a slump in the previous session, and Flutter fanned a rally in the travel …

  • Financial News

    Oil leak affecting U.S. offshore output contained at port station, Shell says

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

    (This Aug. 11 story corrects headline to reflect location of oil leak) By Arathy Somasekhar and Laila Kearney HOUSTON – Top U.S. Gulf of Mexico oil producer Shell said on …

  • Top HeadlinesUS and World News

    Polio virus found in New York City wastewater, suggesting local transmission

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

    By Kanishka Singh (Reuters) – Health officials identified the virus that causes polio in New York City’s wastewater, suggesting local transmission of the virus, state authorities said on Friday, urging …

  • Financial News

    U.S. inflation outlook brightens as import prices drop, consumer sentiment rises

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

    By Lindsay Dunsmuir (Reuters) – U.S. import prices fell for the first time in seven months in July, helped by a strong dollar and lower fuel and nonfuel costs, while …

  • Top HeadlinesUS and World News

    Soccer-Judge approves $24 million settlement between USWNT players, U.S. Soccer

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

    (Reuters) – A federal judge in California has preliminarily approved a $24 million settlement between the U.S. women’s national soccer team (USWNT) and governing body U.S. Soccer in a years-long …

  • Financial News

    U.S. tightens export controls on advanced chip, gas turbine engine tech

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

    By David Shepardson WASHINGTON -The United States on Friday adopted new export controls on technologies that support the production of advanced semiconductors and gas turbine engines that it said are …

  • Financial News

    Explainer-How could the new U.S. corporate minimum tax affect companies?

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

    By Rose Horowitch and David Lawder (Reuters) – The main revenue source in the new U.S. tax, climate and drugs bill is a novel 15% corporate minimum tax aimed at …

  • Financial News

    Ukraine’s creditors agree 2-year freeze on $20 billion overseas debt

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

    (This August 10 story corrects paragraph 8 to show that JPMorgan had been appointed as sole solicitation agent .. not.. to keep the records of the consent solicitation) By Jorgelina …

  • Top HeadlinesUS and World News

    N.Y. man indicted for having rifle outside home of Iranian journalist

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

    By Luc Cohen NEW YORK – A New York man has been indicted on charges he possessed a loaded AK-47 rifle outside the home of an Iranian-American journalist and rights …

  • Financial News

    Fed’s Barkin: interest rates need to get ‘restrictive’

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

    (Reuters) -Richmond Federal Reserve Bank President Thomas Barkin on Friday said he wants to raise interest rates further to bring inflation under control, and will watch U.S. economic data to …

  • Financial News

    U.S. consumer sentiment up more than expected in August, survey shows

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

    (Reuters) -U.S. consumer sentiment ticked further up in August from a record low earlier this summer, and American households’ near-term outlook for inflation eased again on the back of tumbling …

  • Financial News

    Brazil’s central bank chief predicts end of credit cards

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

    BRASILIA -Brazil’s central bank chief Roberto Campos Neto on Friday said he believes credit cards will cease to exist soon due to the growth of the open finance system, through …

  • Top HeadlinesUS and World News

    Exclusive-Europe eyes Musk’s SpaceX to bridge launch gap left by Russia tensions

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

    By Tim Hepher and Joey Roulette PARIS -The European Space Agency (ESA) has begun preliminary technical discussions with Elon Musk’s SpaceX that could lead to the temporary use of its …

  • Financial News

    Bayer welcomes ruling against BASF claim on seed businesses

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

    BERLIN -Bayer on Friday welcomed a decision by an arbitration court to dismiss a claim by BASF that it overpaid for assets sold by Bayer to secure antitrust clearance for …

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