By Brian Ellsworth and Sarah N. Lynch PALM BEACH, Fla. -Former President Donald Trump said FBI agents raided his Mar-a-Lago estate on Monday and broke into his safe in what …
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Emerson Electric profit jumps 47% on strength in automation unit
by Reutersby Reuters(Reuters) – U.S. equipment maker Emerson Electric Co on Tuesday posted a near 47% jump in third-quarter profit, benefiting from stronger performance at its automation unit as companies revamp their …
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Japan PM says new cabinet members must ‘review’ ties with Unification Church
by Reutersby ReutersBy Kiyoshi Takenaka and Elaine Lies TOKYO -Japanese Prime Minister Fumio Kishida will reshuffle his cabinet on Wednesday paying attention to politicians’ ties with the Unification Church, seeking to distance …
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By Tom Wilson LONDON – Shares slipped and the dollar hung off recent highs on Tuesday as investors eyed U.S. inflation data due a day later that will likely yield …
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Exclusive: Russia starts stripping jetliners for parts as sanctions bite
by Reutersby Reuters(This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – Russian airlines, including state-controlled Aeroflot, are stripping jetliners to secure spare …
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By Nick Carey, Lisa Baertlein and Ben Klayman NUNEATON, England – A handful of commercial electric vehicle (EV) startups are burning through cash fast, racing to bring vans or trucks …
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Away from Gaza, Islamic Jihad digs in against Israel on West Bank
by Reutersby ReutersBy James Mackenzie and Ali Sawafta JENIN, West Bank -For the masked gunmen in Jenin refugee camp, Israel’s unannounced strike against Islamic Jihad in Gaza on Friday can have come …
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HONG KONG – Hodlnaut, a Singapore-based crypto currency lender and borrower, has suspended withdrawals, swaps and deposits, the company said on Monday, the latest sign of stress in the cryptocurrency …
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Holiday Inn owner IHG sweetens shareholder returns on travel rebound
by Reutersby ReutersBy Muhammed Husain (Reuters) – IHG announced a $500 million share buyback on Tuesday after half-year profit more than doubled, boosted by higher room prices, strong demand for leisure travel …
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German economy to lose $265 billion in added value due to war, high energy prices-study
by Reutersby ReutersBERLIN – Germany’s economy will lose more than 260 billion euros ($265 billion) in added value by 2030 due to the Ukraine war and high energy prices, spelling negative effects …
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Exclusive-Bank of England will probably need to raise rates again, Ramsden says
by Reutersby ReutersBy William Schomberg and Andy Bruce LONDON – The Bank of England will probably have to raise interest rates further from their current 14 year-high to tackle inflation pressures that …
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Exclusive-Bank of England would sell gilts even if it cuts rates in future, Ramsden says
by Reutersby ReutersBy Andy Bruce and William Schomberg LONDON – The Bank of England would press on with plans to gradually sell its vast stock of British government bonds even if an …
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By Carolyn Cohn LONDON -Rising interest rates are helping Legal & General’s business, its chief executive said on Tuesday as the British life insurer recorded an above-forecast 8% rise in …
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Hong Kong says it has held no discussions on relaxing property stamp duty
by Reutersby ReutersHONG KONG -Hong Kong’s government said on Tuesday it had no plans to relax its stamp duty on property, responding to media reports that it could consider waiving the extra …
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A look at the day ahead in markets from Alun John The lull before U.S. inflation data affords a moment to reflect on a darkening geopolitical backdrop. Ukraine’s creditors are …
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Philippines’ GDP growth momentum cools in Q2 as inflation soars
by Reutersby ReutersBy Neil Jerome Morales and Karen Lema MANILA -The Philippine economy’s recovery momentum slowed in the second quarter amid high inflation, but the government is confident this year’s growth target …
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Hollywood actress Anne Heche in coma since fiery car crash- spokesperson
by Reutersby ReutersBy Steve Gorman LOS ANGELES – Hollywood actress Anne Heche remained hospitalized in critical condition, comatose and connected to a breathing machine on Monday, four days after suffering severe injuries …
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By Chris Taylor NEW YORK – Planning to squeeze some travel out of the rest of summer? Good luck – you will need it. Flight cancellations have already soared past …
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Tesla’s July sales of Chinese-made vehicles slide due to factory line upgrades
by Reutersby ReutersSHANGHAI -Tesla sold 28,217 Chinese-made vehicles in July, nearly two-thirds less than a month earlier as a scheduled upgrade to its factory lines in Shanghai disrupted production. The U.S. carmaker …
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Biden administration to allow new injection method for monkeypox vaccine – NYT
by Reutersby Reuters(Reuters) -The Biden administration has decided to stretch out its limited supply of monkeypox vaccine by allowing a different method of injection that uses one-fifth as much per shot, the …
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Analysis-More Chinese women delay or give up on having babies after zero-COVID ordeal
by Reutersby ReutersBy Farah Master, Albee Zhang and Casey Hall HONG KONG – Seeing Chinese authorities exercise extraordinary powers during a stringent COVID-19 lockdown in Shanghai earlier this year altered Claire Jiang’s …
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By Harish Sridharan (Reuters) -National Australia Bank flagged higher expenses for the second time in four months on Tuesday, citing higher personnel and leave costs, sending shares of the country’s …
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Explainer-Trump says FBI is raiding his Florida estate. What legal woes does he face?
by Reutersby ReutersBy Luc Cohen (Reuters) – Former U.S. President Donald Trump said on Monday that FBI agents raided his Mar-a-Lago estate in Palm Beach, Florida. Law enforcement officials did not immediately …
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By Wayne Cole SYDNEY – A measure of Australian consumer sentiment fell for a ninth straight month in August to depths last seen early in the pandemic as another hike …
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Israel re-opens Gaza crossings as truce with Palestinians holds
by Reutersby ReutersBy Nidal al-Mughrabi and James Mackenzie GAZA/JERUSALEM -Israel reopened border crossings into Gaza on Monday following an Egyptian-brokered ceasefire with the militant Islamic Jihad group that ended the bloodiest escalation …