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  • Financial News

    Miners face supply chain overhaul to meet U.S. EV credit deadline

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

    By Clara Denina (Reuters) – Miners will struggle to expand operations in the United States in record time to meet a deadline for sourcing key minerals domestically or from select …

  • Financial News

    Dollar remains under pressure as traders reassess rate hike bets

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

    By John McCrank NEW YORK – The dollar was slightly lower on Thursday following a 1% loss the previous day when data showed U.S. inflation was not as hot as …

  • Financial News

    Freeport LNG plant in Texas still pulling in natgas to produce power

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

    (Reuters) -U.S. liquefied natural gas (LNG) company Freeport LNG said on Thursday it was still pulling in small amounts of natural gas from pipelines at its shuttered LNG export plant …

  • Financial News

    Oil settles up as IEA hikes 2022 demand growth forecast

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

    By Laura Sanicola (Reuters) – Oil prices settled up more than $2 on Thursday after the International Energy Agency raised its oil demand growth forecast for this year as soaring …

  • Financial News

    Robinhood must face U.S. market manipulation claims over ‘meme stock’ rally, judge rules

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

    By Jody Godoy and Hannah Lang (Reuters) -Stock trading platform Robinhood Markets Inc must face market manipulation claims over restrictions it placed on trading during last year’s “meme stock” rally, …

  • Financial News

    Nine companies to buy oil from U.S. strategic reserve in latest sale

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

    (Reuters) -The United States on Thursday said nine companies will buy 20 million barrels of oil in the latest sale from the Strategic Petroleum Reserve as part of the Biden …

  • Financial News

    Bank of Mexico hikes rates to record 8.5%, moderates tone on future path

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

    By Anthony Esposito and Isabel Woodford MEXICO CITY -The Bank of Mexico hiked its benchmark interest rate by three-quarters of a percentage point to a record 8.5% on Thursday, mirroring …

  • Top HeadlinesUS and World News

    South Korea, China clash over U.S. missile shield, complicating conciliation

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

    By Hyonhee Shin SEOUL -China and South Korea clashed on Thursday over a U.S. missile defence shield, threatening to undermine efforts by the new government in Seoul to overcome longstanding …

  • Financial News

    ValueAct takes stake in NYTimes, says paper could grow strongly

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

    By Svea Herbst-Bayliss (Reuters) -ValueAct Capital Management disclosed on Thursday it has built a nearly 7% stake in the New York Times Co and thinks the newspaper company could grow …

  • Top HeadlinesUS and World News

    A year after Biden’s Afghanistan exit, accountability in short supply

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

    (This August 10 story has been refiled to make clear in paragraph 17 Austin chose to impose no accountability) By Idrees Ali and Jonathan Landay WASHINGTON – As weary U.S. …

  • Financial News

    Heavy-duty truck group drops lawsuit against California air regulators

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

    By David Shepardson WASHINGTON -A group representing heavy-duty truck and engine companies withdrew a lawsuit over emissions standards rollouts that it filed against the California Air Resources Board (CARB), court …

  • Financial News

    Fed officials say more rate hikes needed, despite slowing inflation

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

    By Ann Saphir and Howard Schneider (Reuters) -Slowing U.S. inflation may have opened the door for the Federal Reserve to temper the pace of coming interest rate hikes, but policymakers …

  • Top HeadlinesUS and World News

    Flush with wins, finally COVID-free, Biden to hit the road ahead of U.S. midterms

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

    By Jarrett Renshaw KIAWAH ISLAND, S.C. -President Joe Biden plans to travel across the United States in the coming weeks to tout a series of legislative wins on climate change, …

  • Top HeadlinesUS and World News

    North Korea declares victory over COVID, suggests leader Kim had it

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

    By Hyonhee Shin and Josh Smith SEOUL -North Korean leader Kim Jong Un has declared victory over COVID-19 and his sister indicated that he too caught the virus, while vowing …

  • Financial News

    German regulator fines Bank of America $5.3 million for reporting delays

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

    FRANKFURT -Germany’s financial market regulator BaFin said on Thursday that it had fined Bank of America 5.1 million euros ($5.28 million) for delays in reporting voting rights notifications. Bank of …

  • Financial News

    U.S. startup valuations contract as early-stage investors turn cautious

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

    By Niket Nishant and Mehnaz Yasmin (Reuters) – U.S. startups seeking early-stage funding saw a decline in their valuations in the second quarter, as jittery venture capital investors urge founders …

  • Financial News

    Mark Carney to chair Brookfield Asset Management post-spin out

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

    LONDON – Canadian investor Brookfield said former Bank of England Governor Mark Carney will become chair of its asset management division when it separately lists on the Toronto and New …

  • Top HeadlinesUS and World News

    Kenyans anxious for news on next president, two days after tight vote

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

    By George Obulutsa and Ayenat Mersie NAIROBI/ELDORET, Kenya -Kenyans crowded round radios and televisions on Thursday, increasingly anxious for news of who their next president might be, two days after …

  • Financial News

    U.S. SEC investigating hedge fund Melvin Capital Management – WSJ

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

    (Reuters) – The U.S. securities regulator is looking into Melvin Capital Management’s risk controls and investor disclosures after the hedge fund was hammered by the meme-stock rally last year, the …

  • Top HeadlinesUS and World News

    Exclusive-Rotavirus childhood vaccine shortage hits four African countries

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

    By Jennifer Rigby LONDON – Supplies of a vaccine to prevent the deadly rotavirus infection in children have either run out in Kenya, Tanzania, Senegal and Cameroon or are close …

  • Financial News

    Exclusive – U.S. rethinks steps on China tariffs in wake of Taiwan response – sources

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

    By Jeff Mason and David Lawder WASHINGTON – China’s war games around Taiwan have led Biden administration officials to recalibrate their thinking on whether to scrap some tariffs or potentially …

  • Financial News

    European shares tick higher; Aegon shines on forecast raise

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

    By Shreyashi Sanyal, Anisha Sircar and Yohann M Cherian (Reuters) – European shares edged higher on Thursday after a strong rally in the previous session on signs of U.S. inflation …

  • Financial News

    Airlines cancel over 600 flights in U.S. as thunderstorms hit Texas

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

    By Nathan Gomes (Reuters) – Airlines canceled more than 600 flights in the United States on Thursday morning, as thunderstorms in Texas disrupted operations at one of the busiest airports …

  • Featured NewsTop HeadlinesUS and World News

    Trump declines to answer questions in N.Y. attorney general investigation

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

    By Karen Freifeld NEW YORK -Former U.S. President Donald Trump said on Wednesday he declined to answer questions during an appearance before New York state’s attorney general in a civil …

  • Financial News

    U.S. producer prices fall in July; weekly jobless claims climb

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

    (Reuters) – U.S. producer prices unexpectedly fell in July amid a drop in the cost for energy products and underlying producer inflation appears to be on a downward trend, while …

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