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  • Financial News

    Australia’s AMP profit drops as margin pressure squeezes banking unit

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Tejaswi Marthi and Harish Sridharan (Reuters) -Australian wealth manager AMP Ltd said on Thursday its half-year underlying profit slumped by nearly a quarter, as margin pressure weighed on the …

  • Financial News

    Mexico issues measures to mitigate high costs of train cargo as inflation soars

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    MEXICO CITY -Mexico’s government on Wednesday said it had issued so-called “emergency directives” for the transportation via train of products in a staple basket of goods with the aim of mitigating high cargo …

  • Top HeadlinesUS and World News

    Harvey Weinstein, Chrysler end dueling lawsuits over 2019 Jeep crash

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Jonathan Stempel NEW YORK – Harvey Weinstein and the U.S. business of Fiat Chrysler Automobiles agreed to end competing lawsuits over a 2019 crash in which the now-imprisoned former …

  • Financial News

    Disney tops Netflix on streaming subscribers, sets higher prices

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Lisa Richwine and Dawn Chmielewski LOS ANGELES -Walt Disney Co edged past Netflix Inc with a total of 221 million streaming customers and announced it will increase prices for …

  • Top HeadlinesUS and World News

    Pelosi says U.S. House will pass Inflation Reduction Act on Friday

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    WASHINGTON – U.S. House Speaker Nancy Pelosi said on Wednesday the House of Representatives would pass the Inflation Reduction Act on Friday. In a letter to Democratic colleagues, Pelosi called …

  • Financial News

    Brazil’s BRF posts wider-than-forecast 2nd-qtr net loss

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Ana Mano SAO PAULO -Brazilian pork and poultry processor BRF SA on Wednesday reported a second-quarter net loss of 468 million reais ($91.86 million), wider than the 156.93 million …

  • Top HeadlinesUS and World News

    California sets big targets for offshore wind

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    (Reuters) – California on Wednesday set ambitious new targets for offshore wind development, saying turbines along its storied coastline would power some 25 million homes by 2050. In a unanimous …

  • Financial News

    Banco do Brasil boosts full-year forecasts after Q2 profit beat

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Gabriel Araujo and Aluisio Alves SAO PAULO -Brazilian state-controlled lender Banco do Brasil SA on Wednesday increased its full-year 2022 results forecasts after delivering better-than-expected second quarter earnings, boosted …

  • Financial News

    Musk seeks to question Twitter employees who count bots -source

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Sheila Dang (Reuters) -Elon Musk’s legal team is demanding that Twitter Inc <TWTR.N> turn over the names of employees responsible for calculating what percentage of the social media site’s …

  • Top HeadlinesUS and World News

    Shock, shame among some Muslims as Afghan accused of New Mexico murders

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Andrew Hay ALBUQUERQUE, N.M. -Muslims in New Mexico interviewed on Wednesday said they felt shock and shame at the arrest of a Muslim immigrant from Afghanistan in connection with …

  • Financial News

    Indian companies swapping dollar for Asian currencies to buy Russian coal

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Sudarshan Varadhan NEW DELHI -Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoiding the U.S. dollar …

  • Financial News

    U.S. rejects broadband subsidies for SpaceX’s Starlink, LTD

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By David Shepardson WASHINGTON -The U.S. Federal Communications Commission rejected SpaceX’s Starlink and LTD Broadband’s applications for more than $2 billion in internet service subsidies, the FCC said on Wednesday. …

  • Featured NewsTop HeadlinesUS and World News

    U.S. charges Iranian with plotting to murder ex-Trump adviser Bolton

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Sarah N. Lynch WASHINGTON -The United States charged a member of Iran’s elite Revolutionary Guard Corps on Wednesday with plotting to murder John Bolton, a national security adviser to …

  • Financial News

    With reshuffled cabinet, PM Kishida gets to work in choosing next BOJ head

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Leika Kihara TOKYO -With a cabinet reshuffle out of the way, Prime Minister Fumio Kishida’s search for the next Bank of Japan (BOJ) governor will intensify in coming months …

  • Financial News

    Wall Street rally lifts Nasdaq 20% from low as inflation fears ebb

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Herbert Lash and Bansari Mayur Kamdar NEW YORK – Wall Street surged on Wednesday, putting the Nasdaq more than 20% above its June low, after U.S. inflation slowed more …

  • Top HeadlinesUS and World News

    China calls U.S. ‘main instigator’ of Ukraine crisis

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    LONDON – China, which Russia has sought as an ally since being cold-shouldered by the West over its invasion of Ukraine, has called the United States the “main instigator” of …

  • Financial News

    New Zealand house prices fall on year for first time sine 2011

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Lucy Craymer WELLINGTON – New Zealand house prices fell in July with the median price recording its first annual fall since 2011, the Real Estate Institute of New Zealand …

  • Financial News

    Exclusive-Google Fiber plans 5-state growth spurt, biggest since 2015

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Paresh Dave (Reuters) – Google Fiber plans to bring its high-speed internet service to multiple cities in Arizona, Colorado, Idaho, Nebraska and Nevada over the next several years in …

  • Financial News

    Oil rises on renewed gasoline demand, weak dollar

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By David Gaffen NEW YORK -Oil prices rose on Wednesday, rebounding from losses early in the session, helped by encouraging figures on U.S. gasoline demand and as lower-than-expected U.S. inflation …

  • Financial News

    Credit Suisse’s top investor Harris Associates discloses 10% stake

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    (Reuters) – Credit Suisse’s top shareholder Harris Associates on Wednesday disclosed a stake of more than 10% in the Swiss bank. The investment firm said in a filing that it …

  • Financial News

    Bumble cuts annual revenue forecast as Ukraine war, competition bite

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Deborah Mary Sophia (Reuters) -Bumble Inc cut its full-year revenue forecast on Wednesday, taking a hit from the war in Ukraine while also grappling with stiff competition from rivals …

  • Financial News

    Stocks rally, dollar falls on easing inflation

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By SinĂ©ad Carew NEW YORK – Wall Street equities rallied and the dollar tumbled after signs of sharply decelerating U.S. inflation prompted bets that the Federal Reserve would raise interest …

  • Top HeadlinesUS and World News

    U.S. Steelworkers union welcomes Vice President Harris, jobs programs

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Erwin Seba LAS VEGAS -U.S. Vice President Kamala Harris received frequent applause during an address at the United Steelworkers convention on Wednesday, promoting the administration’s infrastructure investment and promising …

  • Top HeadlinesUS and World News

    Judge blocks Wyoming abortion ban from taking effect amid legal challenge

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Brendan Pierson (Reuters) – A Wyoming judge on Wednesday blocked the state’s near-total ban on abortion from taking effect while doctors, a clinic operator and others sue to invalidate …

  • Financial News

    TSX jumps to two-month high on U.S. inflation relief

    by Reuters August 10, 2022
    by Reuters August 10, 2022

    By Fergal Smith (Reuters) – Canada’s main stock index rose on Wednesday to its highest level in two months, with technology stocks leading gains after data showed U.S. inflation rising …

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