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  • Financial News

    Australian court orders Google to pay $43 million for misleading users

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

    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 …

  • Top HeadlinesUS and World News

    Chicago teens create world record-breaking cereal mosaic, raising money for Ukraine

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

    By 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 …

  • Financial News

    Indonesians must prepare for a potential fuel price hike, minister says

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

    JAKARTA – 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 …

  • Financial News

    Exclusive-Bank agrees to process Russian oil transit payment to central Europe -sources

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

    By 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 …

  • Financial News

    S.Korea’s Yoon pardons Samsung’s Jay Y. Lee to counter ‘economic crisis’

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

    By 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 …

  • Financial News

    J&J to end global sales of talc-based baby powder

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

    (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 …

  • Financial News

    Indonesia central bank: rate hike not first choice at this juncture

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

    JAKARTA – 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 …

  • Financial News

    Japan’s Hino Motors, Toyota accused of misconduct in U.S. lawsuit

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

    TOKYO – 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, …

  • Top HeadlinesUS and World News

    California unveils water strategy, planning for greater scarcity

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

    By 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 …

  • Financial News

    China Tourism seeks $2.16 billion in Hong Kong’s biggest listing so far in 2022 – term sheet

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

    By 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 …

  • Financial News

    Exclusive-Kazakhstan to start oil sales via Azeri pipeline to bypass Russia

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

    MOSCOW/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 …

  • Financial News

    Malaysia’s economy jumps in Q2 but slower growth expected

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

    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 …

  • Top HeadlinesUS and World News

    Shake-up fails to lift support for Japan’s cabinet amid questions over church -surveys

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

    TOKYO -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 …

  • Financial News

    SK Hynix to break ground on new U.S. chip packaging plant early next year -sources

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

    By 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 …

  • Financial News

    China poised to partially renew medium-term policy loans, keeping rate steady

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    SHANGHAI – 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, …

  • Financial News

    Japan PM Kishida pledges new steps to deal with rising fuel, food prices

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    TOKYO – 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 …

  • Top HeadlinesUS and World News

    Darkness and debris impede rescue effort at flooded Mexico mine

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    MEXICO 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 …

  • Top HeadlinesUS and World News

    Ex-cop sentenced to more than 7 years in prison for role in storming U.S. Capitol

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By 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 …

  • Financial News

    New Zealand central bank to carry on with 50bps hike in August – Reuters poll

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By 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 …

  • Top HeadlinesUS and World News

    Fox names Chris Wallace successor: legal correspondent, ‘Women of the Bible’ author

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    (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 …

  • Top HeadlinesUS and World News

    Police shoot dead armed man who tried to breach Ohio FBI building

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By 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 …

  • Financial News

    Fed’s Daly is open to 75 bps hike in Sept, sees no ‘hump’ in rate path

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By 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 …

  • Financial News

    U.S. consumer watchdog considers crackdown on collection of consumer information

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    By 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 …

  • Financial News

    Brazil’s Petrobras puts potash mining rights up for sale

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    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 …

  • Top HeadlinesUS and World News

    Sri Lanka’s ousted president arrives in Thailand for temporary stay

    by Reuters August 11, 2022
    by Reuters August 11, 2022

    BANGKOK – 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 …

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