By Navya Mittal (Reuters) -Australia’s competition watchdog said on Friday that Alphabet Inc’s Google unit was ordered by the country’s Federal Court to pay A$60 million ($42.7 million) in penalties …
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Chicago teens create world record-breaking cereal mosaic, raising money for Ukraine
by Reutersby ReutersBy Eric Cox (Reuters) – Teenagers in Chicago armed with boxes of breakfast cereal created a Guinness world record-breaking mosaic on Thursday – and raised money for Ukraine in the …
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Indonesians must prepare for a potential fuel price hike, minister says
by Reutersby ReutersJAKARTA – Indonesians must prepare for a potential hike in fuel prices as the government looks to control its ballooning energy subsidies amid high global oil prices, a cabinet minister …
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Exclusive-Bank agrees to process Russian oil transit payment to central Europe -sources
by Reutersby ReutersBy Jan Lopatka and Marek Strzelecki PRAGUE/WARSAW -A European bank has agreed to process a payment for the transit of Russian oil through Ukraine, Slovak refiner Slovnaft and another source …
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S.Korea’s Yoon pardons Samsung’s Jay Y. Lee to counter ‘economic crisis’
by Reutersby ReutersBy Joyce Lee, Soo-hyang Choi and Heekyong Yang SEOUL -South Korea’s President Yoon Suk-yeol pardoned Samsung Electronics Vice Chairman Jay Y. Lee on Friday, with the justice ministry saying the …
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(Reuters) – Johnson & Johnson will stop selling talc-based baby powder globally in 2023, the drugmaker said on Thursday, more than two years after it ended U.S. sales of a …
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Indonesia central bank: rate hike not first choice at this juncture
by Reutersby ReutersJAKARTA – An interest rate hike will not be Bank Indonesia’s first choice at this juncture, the central bank’s deputy governor told the Reuters Global Markets Forum on Friday, even …
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Japan’s Hino Motors, Toyota accused of misconduct in U.S. lawsuit
by Reutersby ReutersTOKYO – Japanese vehicle maker Hino Motors Ltd and its parent, Toyota Motor Corp, have been accused of historical misconduct in a class action lawsuit brought in the United States, …
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California unveils water strategy, planning for greater scarcity
by Reutersby ReutersBy Daniel Trotta (Reuters) – California Governor Gavin Newsom unveiled a new water strategy on Thursday that plans for a future with 10% less water and shifts the emphasis from …
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China Tourism seeks $2.16 billion in Hong Kong’s biggest listing so far in 2022 – term sheet
by Reutersby ReutersBy Scott Murdoch HONG KONG -China Tourism Group Duty Free Corp is aiming to raise up to $2.16 billion through a new listing in Hong Kong, according to a term …
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Exclusive-Kazakhstan to start oil sales via Azeri pipeline to bypass Russia
by Reutersby ReutersMOSCOW/LONDON – Kazakhstan is expected to sell some of its crude oil through Azerbaijan’s biggest oil pipeline from September, as the nation seeks alternatives to a route Russia threatened to …
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By Rozanna Latiff KUALA LUMPUR -Malaysia’s economy grew at its fastest annual pace in a year in the second quarter, boosted by expansion in domestic demand and resilient exports, but …
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Shake-up fails to lift support for Japan’s cabinet amid questions over church -surveys
by Reutersby ReutersTOKYO -Japanese Prime Minister Fumio Kishida’s cabinet reshuffle appears to have done little to ease voter concerns amidst anger about the ruling party’s ties to the Unification Church, opinion polls …
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SK Hynix to break ground on new U.S. chip packaging plant early next year -sources
by Reutersby ReutersBy Alexandra Alper WASHINGTON -South Korea’s SK Hynix aims to select a U.S. site for its advanced chip packaging plant and break ground there around the first quarter of next …
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China poised to partially renew medium-term policy loans, keeping rate steady
by Reutersby ReutersSHANGHAI – China’s central bank is widely expected to partially roll over maturing medium-term policy loans on Monday, while keeping borrowing costs unchanged for the seventh month in a row, …
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Japan PM Kishida pledges new steps to deal with rising fuel, food prices
by Reutersby ReutersTOKYO – Japanese Prime Minister Fumio Kishida said on Friday he will instruct his government to come up with additional measures to cushion the economic blow from rising energy and …
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Darkness and debris impede rescue effort at flooded Mexico mine
by Reutersby ReutersMEXICO CITY -Mexican army divers were blocked by debris in their first attempt to descend deep into a flooded coal mine in northern Mexico where 10 miners have been trapped …
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Ex-cop sentenced to more than 7 years in prison for role in storming U.S. Capitol
by Reutersby ReutersBy Sarah N. Lynch WASHINGTON(Reuters) -A former Virginia police sergeant who joined Donald Trump’s supporters in storming the Capitol on Jan. 6, 2021, was sentenced to seven years and three …
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New Zealand central bank to carry on with 50bps hike in August – Reuters poll
by Reutersby ReutersBy Devayani Sathyan BENGALURU – The Reserve Bank of New Zealand (RBNZ) will stick to its hawkish stance and deliver a fourth straight half-point rate hike on Wednesday in its …
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Fox names Chris Wallace successor: legal correspondent, ‘Women of the Bible’ author
by Reutersby Reuters(Reuters) -Fox News Channel on Thursday announced its chief legal correspondent Shannon Bream would anchor “Fox News Sunday,” replacing departed anchor Chris Wallace and becoming the first woman to lead …
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Police shoot dead armed man who tried to breach Ohio FBI building
by Reutersby ReutersBy Daniel Trotta and Kanishka Singh (Reuters) -An armed man who tried to breach the FBI building in Cincinnati, Ohio, on Thursday was shot dead by police following a car …
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Fed’s Daly is open to 75 bps hike in Sept, sees no ‘hump’ in rate path
by Reutersby ReutersBy Ann Saphir (Reuters) -San Francisco Federal Reserve Bank President Mary Daly said on Thursday that while a half-percentage-point interest rate hike in September “makes sense,” she is open to …
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U.S. consumer watchdog considers crackdown on collection of consumer information
by Reutersby ReutersBy David Shepardson WASHINGTON -The U.S. consumer watchdog agency said on Thursday that it will consider rules to better protect Americans’ privacy and crack down on businesses that collect far-reaching …
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SAO PAULO -Brazil’s Petrobras said on Thursday it has begun the process of looking for bidders for its potassium mining rights in the Amazon basin. The asset is composed of …
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Sri Lanka’s ousted president arrives in Thailand for temporary stay
by Reutersby ReutersBANGKOK – Former Sri Lankan president Gotabaya Rajapaksa arrived in Thailand on Thursday, according to three Reuters witnesses, as he seek temporary shelter in a second Southeast Asian country after …