Reuters Wire
Apple, Energy Shares Drag Wall St Lower Amid China COVID Protests
Wall Street's main indexes fell on Monday as protests in major Chinese cities against strict COVID-19 policies sparked concerns over economic growth and dragged commodity-linked shares lower, while Apple slid on worries about a hit...
S&P 500 Inches Higher as Black Friday Sales Kick Off
The benchmark S&P 500 edged higher on Friday, with focus on retailers as Black Friday sales kicked off against the backdrop of stubbornly high inflation and cooling economic growth. Shoppers were expected to turn out...
Sri Lankan Central Bank Threatens Administrative Measures to Bring Down Market Rates
COLOMBO, Sri Lanka — On Thursday, Nov. 24 Sri Lanka's central bank threatened administrative intervention to control high market interest rates that it regarded as "out of line" with its policy rates and the outlook...
Rescue Efforts Continue As Indonesia Struggles To Get Aid for Quake Survivors
CIANJUR, Indonesia — Indonesian authorities struggled on Thursday, Nov.24 to get aid to thousands of people displaced by a deadly earthquake in western Java, as rain-triggered landslides and difficult mountainous terrain hampered the efforts of...
Walmart Manager Opens Fire in Virginia Store, Killing 6 and Wounding Several
CHESAPEAKE, Virginia — A manager at a Walmart Inc. store in Virginia opened fire on fellow employees in a break room, killing six before turning the gun on himself, eyewitnesses said on Wednesday, Nov. 23...
North Korea Warns of Increased Hostility if Sanctions and Pressure Continue
SEOUL, South Korea — The government of North Korea denounced Seoul's push to impose additional sanctions on Pyongyang following its repeated missile launches, saying such measures will add to the North's "hostility and anger," state...
US Authorizes $400 Million in New Military Aid for Ukraine
WASHINGTON - The United States has authorized an additional $400 million in military aid to Ukraine, which will include weapons, munitions, and air defense equipment, Secretary of State Antony Blinken said on Wednesday. "The artillery...
Huge Foxconn iPhone Plant in China Rocked by Fresh Worker Unrest
By Brenda Goh and Yimou Lee SHANGHAI/TAIPEI - Hundreds of workers joined protests at Foxconn's flagship iPhone plant in China, with some men smashing surveillance cameras and windows, footage uploaded on social media showed. The...
Three of China’s Biggest Banks to Provide Support for Property Developers
BEIJING - Three of China's biggest commercial banks have agreed to provide fundraising support to property developers, including industry giant Vanke, in a coordinated effort to support the country's embattled property sector. It marks one...
U.S.-Saudi Ties Under Review Despite Khashoggi Immunity Ruling, Blinken Says
By Maya Gebeily DOHA - The U.S. relationship with Saudi Arabia is still under review despite a Biden administration ruling that the Saudi crown prince has immunity from a lawsuit over the murder of Jamal...
A Dependency Like on Russia’s Gas Won’t Happen Again – Germany’s Scholz
Germany will not become dependent on a strategic resource like gas again, Chancellor Olaf Scholz said on Tuesday (November 22), pointing to Russia. Addressing a so-called economic summit of Germany’s daily Sueddeutsche Zeitung, Scholz said,...
Zoom Shares Down 90% From Peak as Pandemic Boom Fades
By Aditya Soni and Chavi Mehta Shares of Zoom Video Communications Inc have tumbled about 90% from their pandemic peak in October 2020 as the former investor darling struggles to adjust to a post-COVID world....