Reuters Wire
US Government to Bolster Strategic Petroleum Reserve: Senior Officer
WASHINGTON, United States — The U.S. Energy Department said on Friday, Dec. 16 that it will begin buying back oil for the Strategic Petroleum Reserve — or SPR — marking the first purchase since this...
Amazon Failed to Record Warehouse Injuries: US Agency
Amazon Inc. failed to properly record work-related injuries and illnesses at six warehouses in five states, the U.S. Department of Labor said on Friday, Dec. 16 as part of an ongoing investigation into the company's...
Pelosi Backs Adding TikTok Government Device Ban to Funding Bill
U.S. House Speaker Nancy Pelosi supports adding legislation passed by the Senate this week, which would bar federal government employees from using Chinese-owned TikTok on government-owned devices, to a government funding bill. A spokesman for...
Japan Nov Consumer Inflation Likely to Hit Fresh 4-Decade High: Reuters Poll
TOKYO - Japan's nationwide consumer price inflation likely hit a fresh 40-year high in November, as firms increasingly passed on high energy, food, and raw material costs to households, a Reuters poll showed. November's nationwide...
ANC Infighting Is Failing South Africa: Former President Mbeki’s Brother
The ruling African National Congress is failing South Africa due to its infighting, the brother of former president Thabo Mbeki told Reuters in an interview. Political analyst Moeletsi Mbeki said on Tuesday (December 13) the...
Japan PM Kishida Announces Unprecedented Military Build-up
Japanese Prime Minister Fumio Kishida on Friday announced the country's biggest military build-up since World War Two with a $320 billion plan that will buy missiles capable of striking China and ready it for sustained...
SpaceX Rocket Sends First Global Water Survey Mission Into Orbit
A SpaceX rocket blasted off early on Friday carrying a U.S.-French satellite designed to conduct an unprecedented global survey of Earth's surface waters, a mission expected to shed new light on the mechanics and consequences...
Energy Crisis Fuels Coal Comeback in Germany
By Vera Eckert and Tom Sims FRANKFURT - Coal has made a comeback in Germany this year, as Europe's largest economy turns to the dirty fuel to power it through an energy crisis. More than...
Musk Cashes Out Another $3.6 Billion in Tesla Stock
Tesla boss Elon Musk disclosed another $3.6 billion in stock sales on Wednesday, taking his total near $40 billion this year and frustrating investors as the company's shares wallow at two-year lows. A U.S securities...
US Retail Sales Post Biggest Drop in 11 Months; Labor Market Tight
U.S. retail sales fell more than expected in November, but consumer spending remains supported by a tight labor market, with the number of Americans filing for unemployment benefits decreasing by the most in five months...
Pelosi Undecided if US House Will Take Up TikTok Government Device Ban Bill
Speaker Nancy Pelosi said on Thursday she had yet to decide whether the U.S. House of Representatives will join the Senate in backing legislation to bar federal government employees from using Chinese-owned TikTok on government-owned...
Bank of Mexico Hikes Interest Rate to 10.50%, Signal Another increase Coming
The Bank of Mexico raised its key interest rate by an expected 50 basis points to a record 10.50% on Thursday, tempering its monetary tightening pace amid a slowdown in inflation while suggesting it could...