Oil Settles Lower After Hitting $90/bbl as OPEC+ Considers Output Cut
Oil prices settled lower on Thursday in choppy trading, rising above $90 per barrel and then retreating...
Latin American Domestic Workers Build Apps to Fight for Rights and Lost Wages
MEXICO CITY/BOGOTA/RIO DE JANEIRO (Reuters) — After almost three years working for an affluent family...
VTB Bank Urges Putin to Curb Western Grain Traders’ Russian Ops
MOSCOW/HAMBURG (Reuters) — Sanctions-hit VTB Bank has urged President Vladimir Putin to curb the activities...
Google to Build First Cloud Region in Greece
ATHENS (Reuters) — Alphabet Inc's Google will set up its first cloud region in Greece, the company said...
Senator Warren and Other Lawmakers Ask FTC to Block Amazon’s iRobot Deal
A group of lawmakers led by Democratic U.S. Senator Elizabeth Warren is asking the Federal Trade Commission (FTC) to reject Amazon.com Inc's $1.7 billion deal to buy Roomba vacuum maker iRobot Corp, Axios reported on...
New York State to Adopt California 2035 EV Rules
New York state plans to adopt California's rules approved in August that would require all new vehicles sold in the state by 2035 to be either electric or plug-in electric hybrids, Governor Kathy Hochul said...
Wall Street Skids as Investors Fret About US Economic Downturn
Wall Street tumbled on Thursday on worries that the Federal Reserve's aggressive fight against inflation could hobble the U.S. economy, and as investors fretted about a rout in global currency and debt markets. With tech-related...
Europe Braces for Mobile Network Blackout: Sources
PARIS/STOCKHOLM/MILAN (Reuters) — Once unthinkable, mobile phones could go dark around Europe this winter if power cuts or energy rationing knocks out parts of the mobile networks across the region. Russia's decision to halt gas...
Washington Will Not Nominate Another US Candidate for IDB, Treasury Says
WASHINGTON (Reuters) — The Biden administration will not nominate a candidate from the United States to head the Inter-American Development Bank (IDB) after this week's ouster of Mauricio Claver-Carone after an ethics scandal, a Treasury...
US Department of Justice Asks Court to Halt Sugar Deal Closing Pending Appeal
WASHINGTON (Reuters) — The U.S. Justice Department asked an appeals court on Thursday, Sept. 29 to prevent the closing of U.S. Sugar's plan to buy Imperial Sugar Co. after a lower court ruled that the...
U.S. SEC Fines Deloitte’s China Affiliate $20 Million Fine for Auditing Violations
NEW YORK (Reuters) — The U.S. Securities and Exchange Commission on Thursday, Sept. 29 fined the Chinese affiliate of Deloitte, one of the "Big Four" accounting firms, $20 million for letting some clients, including foreign...
Alongside Push for Digital Currency, Gold Keeps Its Long-term Value
Commentary In recent years, governments and global organizations have been pushing for digital currencies. The International Monetary Fund speaks of “a new era of digital money,” while the World Economic Forum’s Digital Currency Governance Consortium...