Category: Reuters
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Eleven dead after school bus hits students, parents in eastern China By Reuters
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HONG KONG (Reuters) – Eleven people were killed in China’s eastern Shandong province on Tuesday after a school bus lost control at a busy pedestrian intersection, state broadcaster CCTV reported. Horrific footage showed bodies lying on the road and trapped under the bus. The accident killed six parents and five…
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Bitcoin ETFs take $50 billion baby steps toward big time By Reuters
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By Susan McGee (Reuters) – Bitcoin exchange-traded funds (ETFs) are expected to attract $55 billion in assets in the first five years, Matthew Hogan told an industry panel in October. By late August of this year, about eight months after their debut, the 10 new funds approved by U.S. regulators…
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Exclusive-Russia’s Sberbank says India business booming despite Western sanctions By Reuters
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Written by Elena Fabrichnaya and Gleb Bryansky MOSCOW (Reuters) – Trade between Russia and India is booming and bilateral payments are running smoothly without the problems that have hampered trade with other countries, Anatoly Popov, deputy chief executive of Russia’s largest lender Sberbank, told Reuters. Sberbank handles up to 70%…
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Venezuela issues arrest warrant for opposition leader Gonzalez, AG says By Reuters
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Written by Vivian Sequeira and Mayla Armas CARACAS (Reuters) – A Venezuelan court has issued an arrest warrant for opposition leader Edmundo Gonzalez, accusing him of conspiracy and other crimes amid a dispute over whether he or President Nicolas Maduro won July’s election, the attorney general’s office said on Monday.…
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Brazil’s telecom regulator Anatel could revoke Starlink license, says official By Reuters
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(fix typo in second paragraph) Written by Ricardo Brito and Luciana Magalhaes BRASILIA/SAO PAULO (Reuters) – Brazil’s telecom regulator Anatel said on Monday it could impose sanctions on Starlink, the satellite internet provider controlled by Elon Musk, for failing to comply with the country’s rules and possibly revoke its license…
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US seizes Venezuelan president’s plane in Dominican Republic By Reuters
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By Matt Spitalnick and Jasper Ward WASHINGTON (Reuters) – The United States has seized an aircraft used by Venezuelan President Nicolas Maduro and flown it from the Dominican Republic to Florida after determining that its purchase violated U.S. sanctions, the Justice Department said on Monday. The seizure of the plane…
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A dollar on the defensive brings relief to policymakers globally By Reuters
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By Alan John and Karen Strohecker LONDON (Reuters) – The dollar fell more than 2 percent against other major currencies in August, its biggest monthly decline this year, providing some relief to economies that have suffered under the weight of a strong greenback. The dollar’s long-awaited downward trend is driven…
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Israeli fire kills dozens in Gaza, polio vaccinations in full swing By Reuters
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Written by Nidal Al-Maghribi CAIRO (Reuters) – Israeli forces killed at least 48 Palestinians in the past 24 hours across the Gaza Strip as they tried to repel an offensive by Hamas-led militants, Palestinian officials said on Monday, while medics conducted a second day of polio vaccinations for children in…
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Dollar eases after hitting highest in almost two weeks, US job data looms By Reuters
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By Stefano Ribaudo and Kevin Buckland TOKYO (Reuters) – The dollar fell on Monday but remained close to its highest in nearly two weeks as investors’ focus turned to a U.S. jobs report due later this week. U.S. payrolls data due on Friday will be crucial after Federal Reserve Chairman…
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Sanofi MS drug tolebrutinib misses goal in relapsing disease trials By Reuters
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By Ludwig Berger (Reuters) – Sanofi Nasdaq:NASDAQ:NASDAQ:MSN’S most advanced multiple sclerosis drug failed to meet the main goal of two late-stage trials to treat recurrent forms of the disease, dimming the prospects for a broad class of drugs. The French drugmaker said on Monday that two phase 3 trials showed…
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Plotting for payrolls By Reuters
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A look at the day ahead in European and global markets from Wayne Cole. The start of the month was quiet, with holidays in the U.S. and Canada draining liquidity ahead of a deluge of U.S. payrolls data that will culminate on Friday. Wall Street and European stock futures were…
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Analysis-Apple set for music, TV streaming fight in India after Airtel deal By Reuters
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Written by Munsif Vengatil and Aditya Kalra NEW DELHI (Reuters) – Apple Inc’s (NASDAQ:AAPL) partnership with India’s second-biggest telecom company will give the iPhone maker a boost in the content market where it lags far behind the likes of Spotify Inc (NYSE:S) and Amazon.com Inc (AMZN.O). Disney (New York Stock…
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Israel’s main labour union calls strike as pressure mounts for hostage deal By Reuters
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By Emily Rose and Stephen Sher JERUSALEM (Reuters) – The head of Israel’s largest labor union called for a general strike on Monday to pressure Prime Minister Benjamin Netanyahu’s government to return Israeli hostages still being held by Hamas in Gaza, as thousands of protesters took to the streets. The…
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Exclusive-Intel CEO to pitch board on plans to shed assets, cut costs, source says By Reuters
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By Max A. Czerny and Milana Finn Intel Chief Executive Pat Gelsinger and top executives are expected to present a plan later this month to the company’s board to cut non-essential businesses and reorganize capital spending in an effort to revive the fortunes of the once-dominant chipmaker, a person familiar…
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Israel recovers six hostage bodies in Gaza as polio vaccinations start By Reuters
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By Ari Rabinovitch and Nidal al-Mughrabi JERUSALEM (Reuters) – The Israeli military said on Sunday it had recovered the bodies of six hostages from a tunnel in the southern Gaza Strip where they were apparently killed shortly before Israeli forces reached them. The Israeli military said it had recovered bodies…
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Czech finance ministry submits 2025 budget draft to cut deficit by 9% By Reuters
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PRAGUE (Reuters) – The Czech finance ministry has presented a draft budget for 2025 with a 9% lower deficit to the government, saying it would bring record investment while narrowing the fiscal gap to around 2% of gross domestic product. The draft budget, presented at midnight on Saturday, projects a…
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Harris calls Trump cemetery visit disrespectful, political stunt By Reuters
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Written by Doina Chiacu WASHINGTON (Reuters) – U.S. Vice President Kamala Harris criticized Republican presidential rival Donald Trump on Saturday over a visit he made to soldiers’ graves at Arlington National Cemetery that was later used in campaign videos. “It is a solemn place; a place where we come together…
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Seven dead, dozens injured after commercial bus overturns in Mississippi By Reuters
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By Jasper Ward WASHINGTON (Reuters) – Seven people, including a 6-year-old boy and a 16-year-old boy, were killed when a bus overturned east of Vicksburg, Mississippi, early Saturday morning, Warren County Coroner Doug Huskey said. The coroner said the two young victims were siblings. The Mississippi Highway Patrol said the…
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US dollar rises broadly as inflation data underpins smaller Fed cut By Reuters
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By Gertrude Chavez Dreyfus NEW YORK (Reuters) – The U.S. dollar rose on Friday after data showed a key measure of inflation came in in line with expectations, while personal spending and income increased, supporting expectations that the Federal Reserve will likely cut interest rates by a smaller 25 basis…