By Richa Naidu LONDON – As energy bills mount and the threat of rationing increases, some European retailers are turning off lights and considering shorter opening hours this winter. Energy …
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- Top HeadlinesUS and World News
UAE court lifts prison term for American convicted of money laundering
by Reutersby ReutersBy Alexander Cornwell DUBAI -A United Arab Emirates court has lifted a prison sentence but upheld a conviction on money laundering charges for U.S. citizen and civil rights attorney Asim …
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Afghan Muslim arrested for killings that shook New Mexico’s Islamic community
by Reutersby ReutersBy Andrew Hay and Steve Gorman ALBUQUERQUE, N.M. – A Muslim immigrant from Afghanistan has been arrested as the prime suspect in the serial killings of four Muslim men that …
- Financial News
Russian oil pipeline flows resume after Hungary’s MOL settles transit bill
by Reutersby ReutersBy Gergely Szakacs and Jan Lopatka BUDAPEST – Russian oil pipeline flows resumed to Central Europe on Wednesday, ending a six-day halt, after Hungarian group MOL paid transit fees owed …
- Financial News
Musk sells Tesla stock worth $6.9 billion as possibility of forced Twitter deal rises
by Reutersby ReutersBy Hyunjoo Jin and Akriti Sharma (Reuters) – Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could …
- Financial News
Thailand hikes rate for first time since 2018 to tame hot inflation
by Reutersby ReutersBy Orathai Sriring and Kitiphong Thaichareon BANGKOK -Thailand’s central bank raised its key interest rate for the first time in nearly four years on Wednesday to counter surging inflation, signalling …
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By David Shepardson WASHINGTON -Boeing on Wednesday delivered its first 787 Dreamliner since May 2021, a milestone for the planemaker that has faced production problems with its widebody jet. American …
- Financial News
Factbox-U.S. IPO activity plunges as Ukraine war triggers volatility
by Reutersby Reuters(Reuters) – Market volatility triggered by Russia’s invasion of Ukraine and soaring global interest rates has forced investors to pull back from backing initial public offerings, resulting in a dramatic …
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Oprah Winfrey’s company sues over ‘Oprahdemics’ podcast
by Reutersby ReutersBy Jonathan Stempel NEW YORK – Oprah Winfrey’s company has filed a lawsuit against the creators of the “Oprahdemics” podcast, claiming that the program misleads listeners into thinking she sponsored …
- Financial News
Wendy’s U.S. sales disappoint as inflation curbs customer traffic
by Reutersby Reuters(Reuters) – Wendy’s Co missed Wall Street estimates for quarterly U.S. same-store sales growth on Wednesday, as inflation-hit Americans cut their trips to its diners selling hamburgers and fries that …
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Trump says he declined to answer questions in NY attorney general probe
by Reutersby ReutersWASHINGTON – Former U.S. President Donald Trump said on Wednesday he declined to answer questions during an appearance before the New York state attorney general in a civil investigation into …
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(Corrects headline and first paragraph to show revenue growth was the slowest in nine quarters, not eight quarters. Drops redundant word in second paragraph) By Josh Ye HONG KONG – …
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By Yimou Lee and Sarah Wu TAIPEI -Apple iPhone assembler Foxconn gave a cautious outlook for the current quarter after posting results that exceeded expectations, citing slowing smartphone demand after …
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Biden urges Syria to secure missing U.S. journalist’s return
by Reutersby ReutersWASHINGTON -President Joe Biden on Wednesday called on Damascus to help repatriate a U.S. journalist who disappeared in Syria a decade ago, making a direct plea as pressure mounts on …
- Financial News
Instant View: US CPI unchanged in July, raises hopes of Fed slowing
by Reutersby ReutersNEW YORK – U.S. consumer prices decelerated in July as gasoline prices dropped sharply, raising hopes the U.S. Federal Reserve may dial back its aggressive path of interest rate hikes. …
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By Rene Wagner and Toby Sterling BERLIN/LOBITH, Netherlands -Already bracing for recession and winter energy shortages, German businesses are grappling with the lack of another precious commodity: rain. Weeks of …
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(Reuters) – Nikola Corp said on Wednesday that Michael Lohscheller will take over as the electric-truck maker’s chief executive officer when Mark Russell retires on Jan. 1 next year. Lohscheller, …
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Taiwan residents largely calm in the face of Chinese anger
by Reutersby ReutersBy Ann Wang and I-Hwa Cheng PINGTUNG, Taiwan – Many people on self-ruled Taiwan look upon China’s unprecedented military exercises with calm resignation, doubting that war is imminent and if …
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Grand jury declines to indict Emmett Till’s accuser – New York Times
by Reutersby ReutersBy Brendan O’Brien (Reuters) – A grand jury in Mississippi has declined to indict a white woman whose discredited accusations against Emmett Till in 1955 led to the lynching of …
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(Reuters) – U.S. consumer prices did not rise in July due to a sharp drop in the cost of gasoline, delivering the first notable sign of relief for Americans who …
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BERLIN -The economic situation is deteriorating and the outlook is fragile in Germany, Europe’s largest economy, its finance minister said on Wednesday, defending his plans to raise income tax thresholds …
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By Steven Scheer JERUSALEM -Wix.com, which helps small businesses build and operate websites, said on Wednesday it aims to cut costs by $150 million a year to compensate for a …
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Taiwan says 17 Chinese fighters crossed Strait median line
by Reutersby ReutersTAIPEI – A total of 17 Chinese fighter jets flew across the median line of the Taiwan Strait on Wednesday, Taiwan’s Defence Ministry said, amid continued military drills near to …
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Raymond Briggs, creator of beloved children’s tale ‘The Snowman’, dies aged 88
by Reutersby ReutersBy William James LONDON -Raymond Briggs, creator of the bittersweet children’s book “The Snowman”, has died aged 88, his family announced on Wednesday. First published in 1978, the pencil crayon-illustrated …
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Japan PM shuffles cabinet as anger deepens over ties to Unification Church
by Reutersby ReutersBy Yoshifumi Takemoto and Kiyoshi Takenaka TOKYO -Japanese Prime Minister Fumio Kishida reshuffled his cabinet on Wednesday amid growing public anger about the ruling party’s ties to the controversial Unification …