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  • Financial News

    Oil prices end week on multi-month lows on recession fears

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Laura Sanicola (Reuters) -Oil prices settled higher on Friday, recouping some of this week’s losses on strong U.S. job growth data, but closed the week at their lowest levels …

  • Financial News

    U.S. dollar posts broad gains after unexpectedly strong jobs data

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Caroline Valetkevitch NEW YORK – The dollar rallied across the board on Friday, notching its biggest daily percentage gain since mid-June against the yen, after a stronger-than-expected U.S. payrolls …

  • Top HeadlinesUS and World News

    Biden feels well, still tests positive for COVID-19 – doctor

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    WASHINGTON – U.S. President Joe Biden continues to feel “very well” while still testing positive for COVID-19, the White House physician said on Friday. Biden will continue strict isolation measures …

  • Financial News

    Meta Platforms agrees to delay closing Within deal given U.S. challenge

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    WASHINGTON – Meta Platforms, the parent of Facebook which is making a big play for virtual reality, has agreed to delay closing its deal for Within Unlimited, maker of the …

  • Top HeadlinesUS and World News

    Multiple injuries after driver plows through New Mexico parade

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Andrew Hay TAOS, N.M. -Fifteen people were injured when a drunken driver plowed through a Native American parade in Gallup, New Mexico, on Thursday night, according to state police …

  • Financial News

    Argentina’s ambitious ‘superminister’ takes on economic crisis

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Eliana Raszewski and Lucila Sigal BUENOS AIRES – Asked about Sergio Massa, Argentina’s new “superminister” for the economy, many Argentines perceive him as an opportunistic politician with limitless ambition. …

  • Top HeadlinesUS and World News

    Deutsche Bank ex-trader’s conviction thrown out in U.S. Libor-rigging probe

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Jonathan Stempel NEW YORK -A U.S. judge on Friday threw out a former Deutsche Bank AG trader’s conviction for conspiring to manipulate the global lending benchmark Libor, after an …

  • Top HeadlinesUS and World News

    U.N. report links Malian, ‘white-skinned’ troops to civilian deaths

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Michelle Nichols UNITED NATIONS -Malian government troops and “white-skinned soldiers” detained 33 civilians in central Mali in March who were later found shot dead and their bodies burned, sanctions …

  • Financial News

    Brazil’s Lula advised to buy back Petrobras refineries – study author

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Rafaella Barros (Reuters) -An oil and gas industry study commissioned by the campaign of former President Luiz Inacio Lula da Silva for the October elections will recommend bolstering Petrobras’ …

  • Top HeadlinesUS and World News

    Senator wants U.S. agency to address risk of children being struck by SUVs

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By David Shepardson WASHINGTON -A U.S. senator on Friday asked the National Highway Traffic Safety Administration (NHTSA) to address the risk of unseen children being struck by sport utility vehicles …

  • Financial News

    Canopy shares plunge as pot producer posts another loss

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Rithika Krishna (Reuters) – Canopy Growth Corp posted another core loss on Friday, denting investor hopes that the cannabis producer would turn profitable anytime soon, sending its shares down …

  • Top HeadlinesUS and World News

    Trump-backed candidate Lake wins Republican nod for Arizona governor

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    (Reuters) – Kari Lake, a former news anchor who has embraced former President Donald Trump’s false claims of voter fraud, has been projected to win the Republican nomination for Arizona …

  • Top HeadlinesUS and World News

    Ukraine buries agricultural ‘titan’ killed in missile strike

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    KYIV – Orthodox chants of mourning resounded in a packed central Kyiv cathedral on Friday as Ukraine buried an agricultural tycoon with his wife after they were killed in a …

  • Financial News

    Big U.S. chicken company, Mountaire, asks contractors to oppose transparency rule

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Leah Douglas WASHINGTON – Mountaire Farms, a top U.S. chicken company, is pressuring its contract farmers to oppose a Biden administration proposal aimed at improving their conditions because the …

  • Financial News

    Pfizer in advanced talks to buy Global Blood Therapeutics for $5 billion – WSJ

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    (Reuters) -Pfizer Inc is in advanced talks to buy drugmaker Global Blood Therapeutics for about $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter. …

  • Financial News

    Sri Lanka considering restructure of local and sovereign debt – president

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Uditha Jayasinghe and Channa Kumara COLOMBO – Sri Lanka is considering a restructure of local and sovereign debt, President Ranil Wickremesinghe said on Friday, as the island nation battles …

  • Top HeadlinesUS and World News

    Young Cuban ballplayers dream of U.S. major leagues

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Nelson Acosta (Reuters) – Cuban 8-year-old Kevin Kindelan, a hot-handed shortstop for a Central Havana junior league baseball team and teammate and first baseman Leoni Venego, 7, both dream …

  • Financial News

    Analysis-Why the banks financing Musk’s Twitter deal are unlikely to be able to help him walk away

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Anirban Sen and Greg Roumeliotis (Reuters) – The banks that agreed to finance Elon Musk’s $44 billion acquisition of Twitter Inc have a financial incentive to help the world’s …

  • Financial News

    Allianz shells out 140 million euros to shut U.S. fund unit after fraud

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Tom Sims and Alexander Hübner FRANKFURT -Allianz spent around 140 million euros ($143.11 million) on restructuring to wind down a U.S. funds unit at the centre of a multi-billion …

  • Financial News

    FTSE 100 dented by Wall St losses, plunge in ad firm WPP

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Shreyashi Sanyal (Reuters) -Britain’s FTSE 100 closed lower on Friday as Wall Street slipped after strong jobs data raised fears about faster U.S. interest rate hikes, but a weakening …

  • Financial News

    Factbox-What is central bank independence?

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    (Reuters) – Talk of changes to the Bank of England’s powers has revived a debate on whether central banks should be independent of governments and in what way. Central bankers …

  • Financial News

    Credit Suisse Brasil names Chilov as CEO

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Tatiana Bautzer SAO PAULO -The Brazilian subsidiary of Credit Suisse Group AG has named Marcello Chilov as its new CEO, the bank said on Friday. Ivan Monteiro, who had …

  • Top HeadlinesUS and World News

    Suspect arrested after four people found dead in Nebraska town

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Brendan O’Brien (Reuters) -A 42-year-old man was arrested on Friday in connection with the deaths of four people whose bodies were found at two houses in the Nebraska farming …

  • Top HeadlinesUS and World News

    Ukraine war making 40 million people go hungry, Africa to bear brunt, says U.S

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    DAKAR -The United States’ ambassador to the United Nations Linda Thomas-Greenfield on Friday said Russia’s invasion of Ukraine will cause 40 million people to become food insecure and that sub-Saharan …

  • Top HeadlinesUS and World News

    West Virginia man sentenced to 3 years in prison for threatening to kill Fauci

    by Reuters August 5, 2022
    by Reuters August 5, 2022

    By Brendan O’Brien (Reuters) – A federal judge sentenced a West Virginia man to three years in prison for sending intimidating emails to Anthony Fauci, including threats to kill the …

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