Today: September 21, 2024
Today: September 21, 2024

Latest From Reuters

Business|Finance|Technology

Intel says it has no plans to divest majority stake in Mobileye

Intel said on Thursday it had no plans to sell its majority stake in Mobileye Global, sending shares of the self-driving tech firm up more than 8% in premarket trading.

Intel says it has no plans to divest majority stake in Mobileye
Americas|News|World

Spain denies 'complicity' in Venezuela's Gonzalez signing letter accepting Maduro victory

Spain has denied involvement in talks between Venezuelan opposition leader Edmundo Gonzalez and President Nicolas Maduro's government for his flight to Spain, before which he signed

Spain denies 'complicity' in Venezuela's Gonzalez signing letter accepting Maduro victory
Business|Economy|Europe|Finance|Stock Markets

Cautious Bank of England hold rates, extends bond reduction plan

The Bank of England kept interest rates at 5.0% on Thursday, saying it would be careful about future cuts, and also held off from running down its

Cautious Bank of England hold rates, extends bond reduction plan
Business|Environment|Science|Technology

Upstream electrification can cut oil and gas production emissions by more than 80%, report says

Oil and gas production facilities could reduce associated emissions by more than 80% by switching to electricity generated from renewables or natural gas designated for burning, a report

Upstream electrification can cut oil and gas production emissions by more than 80%, report says
Asia|Economy|Election|News

What are the five key issues in Sri Lanka's presidential election?

Sri Lankans will vote on Saturday for their next president, who will be key to deciding the future of reforms in a nation slowly emerging from worst financial crisis in decades.

What are the five key issues in Sri Lanka's presidential election?
Business|Economy|Europe|Finance|Stock Markets

ECB's role in any UniCredit and Commerzbank combination

UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to potentially raise this to 29.9%, sources told Reuters, while

ECB's role in any UniCredit and Commerzbank combination
Economy|Finance|Stock Markets

Bank of England leaves rates at 5%, pound hits highest since March 2022

The Bank of England left interest rates at 5% on Thursday and voted to run down its stock of British government bonds by another 100 billion pounds ($132.86 billion) over the coming

Bank of England leaves rates at 5%, pound hits highest since March 2022
Africa|World

Turkey aims to meet Somalia, Ethiopia separately before new mediation talks

Turkey aims to meet separately with Somalia and Ethiopia as part of its efforts to resolve a dispute between the sides over a deal that Ethiopia agreed to lease a stretch of

News|World

Ship sinks off Greenland, all four crew members rescued, police say

A 30-metre long ship struck a reef and sank off the coast of Greenland on Thursday, while its four crew members were evacuated to safety, local police said.

Business|Finance

Target names PepsiCo executive Jim Lee as CFO

U.S. retailer Target on Thursday named long-time PepsiCo executive Jim Lee as its chief financial officer effective Sept. 22.

Target names PepsiCo executive Jim Lee as CFO
Business|Economy|Finance|Stock Markets

US bank stocks rise as jumbo rate cut eases credit risk, cost concerns

U.S. bank stocks rose on Thursday after the Federal Reserve's 50 basis point cut in interest rates raised hopes of lower deposit costs and reduced pressure

US bank stocks rise as jumbo rate cut eases credit risk, cost concerns
Europe|News

EU to send 160 million euros from frozen Russian assets to Ukraine

The sum of 160 million euros from the proceeds of frozen Russian assets will be allocated to meet Ukraine's urgent humanitarian needs for this winter, European

EU to send 160 million euros from frozen Russian assets to Ukraine
Economy|Finance|News

Stocks lap up Fed's fast 'recalibration', BoE up next

A look at the day ahead in U.S. and global markets from Mike Dolan After a typical skittish first-day reaction, world markets are on Thursday embracing the new Federal Reserve stance as insurance on

Stocks lap up Fed's fast 'recalibration', BoE up next
Business|Economy|Europe

German economy could shrink again in Q3, Bundesbank warns

The German economy could shrink again in the current quarter, given a deep industrial recession, subdued investment and abundant consumer caution, the Bundesbank said in a

German economy could shrink again in Q3, Bundesbank warns
Business|Europe|Technology

EU antitrust regulators to spell out how Apple must open up to rivals

EU antitrust regulators launched proceedings on Thursday to ensure that Apple complies with landmark rules requiring it to open up its closed ecosystem to rivals or

EU antitrust regulators to spell out how Apple must open up to rivals
Business|Economy|Finance|News|Stock Markets

S&P 500 surges to record high close on euphoria over Fed rate cut

The S&P 500 surged to a record high close on Thursday, the day after the Federal Reserve cut interest rates by 50 basis points and indicated more rate

S&P 500 surges to record high close on euphoria over Fed rate cut
Environment|News|World

Four Russian grain regions in state of emergency due to heavy rains

Russia's vast Krasnoyarsk region declared a state of emergency on Thursday due to heavy rains killing winter crops during sprouting time, bringing the total number of Siberian grain-

Four Russian grain regions in state of emergency due to heavy rains
Environment|News|Science|World

Canada's 2023 emissions edged lower but progress slow, report says

Canada's carbon emissions declined slightly in 2023 from the previous year but need to fall much faster to meet Ottawa's 2030 climate target, the Canadian Climate Institute think-tank said

Canada's 2023 emissions edged lower but progress slow, report says
Asia|Election|News|World

What are the key steps in Sri Lanka's presidential election process?

Sri Lanka's presidential election will be held on Saturday with 38 candidates vying for the debt-ridden South Asian nation's top post.

News

Biden expects Fed to continue cutting interest rates

U.S.

Biden expects Fed to continue cutting interest rates
Business|Technology

New iPhone 16 unveiled in Russia as retailers skirt Apple's export ban

Russian retailers have launched pre-sales of Apple's latest iPhone, circumventing the company's export ban to Russia and giving consumers the chance to pre-order devices hundreds of

New iPhone 16 unveiled in Russia as retailers skirt Apple's export ban
Environment|Europe|News|World

Italy's Emilia-Romagna region hit by new floods as storm moves west

A storm system that has wreaked havoc across central Europe brought devastating floods to the northern Italian region of Emilia-Romagna on Thursday for the second year in a row,

Italy's Emilia-Romagna region hit by new floods as storm moves west
Economy|Europe|Finance

Euro zone current surplus shrinks

The euro zone's current account surplus shrunk in July on a lower trade surplus and a drop in primary income, which includes the flow of profits, wages, interest income and

Euro zone current surplus shrinks
Americas|News|Political|World

Cuban dissident leader wins Norwegian human rights award

A Norwegian human rights foundation gave its annual prize on Thursday to jailed Cuban dissident leader Luis Manuel Otero Alcantara for his "fearless opposition to authoritarianism

Cuban dissident leader wins Norwegian human rights award
Africa|News|World

Nigeria's flood-hit residents lament expensive canoe rides

When floods swept through Nigeria's northeastern city of Maiduguri last week, canoe owners volunteered to help move residents to safety.

Nigeria's flood-hit residents lament expensive canoe rides

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