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  • Financial News

    U.S. gasoline prices fall below $4 for first time since March

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

    By Laura Sanicola (Reuters) – The average price of U.S. retail gasoline fell below $4 per gallon on Thursday for the first time in months, giving some relief to drivers …

  • Financial News

    McDonald’s to start reopening restaurants in Ukraine

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

    (Reuters) -McDonald’s Corp said on Thursday it plans on reopening its restaurants in Ukraine over the next few months in an early sign of western businesses returning to the country, …

  • Financial News

    Ex-JPMorgan traders cleared of racketeering, found guilty of fraud

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

    By Jody Godoy and Michelle Price WASHINGTON -Three former JPMorgan Chase & Co employees were acquitted of racketeering and conspiracy charges in a landmark futures manipulation trial on Wednesday, although …

  • Financial News

    Cryptoverse: Blockchain bridges fall into troubled waters

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

    (This Aug. 9 stoy corrects spelling of name in paragraph 4) By Tom Wilson and Medha Singh (Reuters) – Another day, another hack – and another blockchain bridge burned. When …

  • Top HeadlinesUS and World News

    La Nina conditions to continue, but odds lower into winter -U.S. forecaster

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

    (Reuters) -Chances for La Niña are expected to gradually decrease from 86% in the coming season to 60% during December-February 2022-23, a U.S. government weather forecaster said on Thursday. The …

  • Financial News

    BlackRock launches spot bitcoin private trust for U.S. clients

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

    (Reuters) – BlackRock Inc, the world’s biggest asset manager, has launched a spot bitcoin private trust for institutional clients in the United States, according to a blog post on its website. …

  • Top HeadlinesUS and World News

    Blinken, Kagame discuss U.N. report that Rwanda supports rebel group

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

    By Clement Uwiringiyimana KIGALI -U.S. Secretary of State Antony Blinken said on Thursday he discussed with Rwandan President Paul Kagame “credible reports” that Rwanda continued to support the M23 rebel …

  • Financial News

    AerCap sees planemaker production woes boosting lessors

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

    By Padraic Halpin and Tim Hepher DUBLIN/PARIS -The world’s largest aircraft lessor predicted on Thursday that planemakers will be hampered by supply chain issues for years, further slowing new jet …

  • Top HeadlinesUS and World News

    Verizon says service disruption in Miami caused by cut to fiber

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

    (Reuters) -Disruptions to Verizon Communications Inc’s mobile services in Miami was caused by a cut in optical fiber due to overnight construction work, the wireless carrier said on Thursday as …

  • Financial News

    Rupert Murdoch and Jerry Hall finalize their divorce, remain ‘friends’

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

    LOS ANGELES – Actress and model Jerry Hall and media mogul Rupert Murdoch have finalized their divorce, according to a statement released by the couple. The 66-year-old Hall filed for …

  • Financial News

    OPEC, in contrast to IEA, sees lower 2022 oil demand growth

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

    By Alex Lawler LONDON -OPEC on Thursday cut its 2022 forecast for growth in world oil demand for a third time since April, citing the economic impact of Russia’s invasion …

  • Financial News

    Xiaomi CEO says it has 140 vehicles across China testing autonomous driving

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

    SHANGHAI -Xiaomi Corp is currently running tests on 140 vehicles across China for autonomous driving, CEO Lei Jun said on Thursday. The news marks the latest benchmark for the smartphone …

  • Financial News

    Daimler Truck to keep prices high, sees strong 2023

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

    By Victoria Waldersee BERLIN -Daimler Truck will keep prices high even if certain costs begin to fall in order to compensate for lower margins since last year, the truckmaker said …

  • Financial News

    Deutsche Telekom lifts profit view, aims for T-Mobile majority soon

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

    By Supantha Mukherjee STOCKHOLM -Deutsche Telekom on Thursday raised its annual earnings forecast for the second time after beating quarterly estimates, and said it could achieve its goal of a …

  • Top HeadlinesUS and World News

    ‘Count on us’: Scholz promises new package to help Germans with energy bills

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

    By Rachel More and Paul Carrel BERLIN – German Chancellor Olaf Scholz promised a new package of measures on Thursday, including tax relief, to help people struggling with rising prices …

  • Financial News

    Zurich Insurance shares rise on H1 profit beat, share buyback

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

    By Maria Sheahan and Carolyn Cohn BERLIN/LONDON – Zurich Insurance Group reported a better-than-expected 25% rise in operating profit in the first half on strong performance across the board and …

  • Financial News

    Aegon raises capital, cash flow forecasts in boost to shares

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

    By Elitsa Gadeva and Juliette Portala (Reuters) -Insurer Aegon raised its forecasts for full-year operating capital generation and 2021-2023 free cash flow on Thursday after a quarterly earnings beat, lifting …

  • Financial News

    HSBC oversold risks of $35 billion Asia spin-off, investor Ping An thinks – source

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

    By Selena Li, Lawrence White and Anshuman Daga HONG KONG/LONDON – HSBC overstated the risks of spinning off its Asia unit when it rebuffed such a proposal by shareholder Ping …

  • Top HeadlinesUS and World News

    Taiwan says China’s threat remains, though military drills ease

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

    By Yimou Lee TAIPEI -China’s threat of force is undiminished, Taiwan President Tsai Ing-wen said on Thursday, even though Beijing’s largest ever military drills around the island seemed to be …

  • Top HeadlinesUS and World News

    Islamic State ‘Beatle’ appears in London court charged with terrorism offences

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

    LONDON -A 38-year-old man who is accused of being a member of an Islamic State cell dubbed The Beatles and who was deported from Turkey this week appeared in a …

  • Financial News

    China property firm apologises for vacancy rate report after public debate

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

    By Liangping Gao and Clare Jim BEIJING/HONG KONG – A Chinese property think tank owned by KE Holdings apologised on Thursday for sparking a “heated public discussion” with its report …

  • Financial News

    How will SoftBank cut its stake in Alibaba without selling shares?

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

    By Carolina Mandl and Angelique Chen NEW YORK -SoftBank Group Corp is set to post a gain of $34.1 billion by reducing its stake in Alibaba Group Holding from 23.7% …

  • Top HeadlinesUS and World News

    Analysis: Is Netflix envy over in Hollywood? Not quite

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

    By Dawn Chmielewski and Lisa Richwine (Reuters) – Over an earnings period that appeared to signal the end of Netflix envy, Walt Disney Co restored hopes that growth in the …

  • Financial News

    Siemens’ posts first quarterly loss in 12 years after writedowns hit Q3

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

    By John Revill ZURICH -Siemens said on Thursday it continued to see strong industrial demand during its third quarter, as costs related to its Siemens Energy investment and decision to …

  • Top HeadlinesUS and World News

    Taiwan fishing community casting for fresh markets after China ban

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

    By Ann Wang and I-Hwa Cheng PINGTUNG, Taiwan – Even before last week’s visit to Taiwan by U.S. House of Representatives Speaker Nancy Pelosi, fish farmer Chen Sheng-You was on …

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