Tag

#Major News

Home » Major News

7121 posts
Bookmark?Remove?

Macron to Lebanese leaders: reform swiftly or face consequences

BEIRUT/PARIS (Reuters) – French President Emmanuel Macron on Tuesday gave Lebanese politicians until the end of October to start delivering on reforms, saying financial aid would be withheld and sanctions imposed further down the line if corruption gets in the... More »

Bookmark?Remove?

Betting on Asia’s debt, Europe’s hunt for yield heads east

SINGAPORE/AMSTERDAM (Reuters) – Low yields at home are sending some previously shy European investors into Asia’s credit markets, money managers say, lured by the promise of higher returns and a hope that rebounding economies can hold defaults at bay. Unlike i... More »

Bookmark?Remove?

Macron marks Lebanon’s centenary as nation teeters on brink

BEIRUT (Reuters) – French President Emmanuel Macron marked Lebanon’s centenary on Tuesday by planting a cedar tree, the emblem of the Middle East country that is collapsing under the weight of a crippling economic crisis. In his second trip to Lebanon in less ... More »

Bookmark?Remove?

Big Oil’s patchy deals record casts shadow over green makeover

LONDON (Reuters) – As major oil companies prepare to spend billions on renewable energy assets to stay relevant in a low-carbon future, the industry’s patchy track record on takeovers is a red flag for some investors. Ten years ago, the world’s top energy comp... More »

Bookmark?Remove?

Mexico records 3,719 new coronavirus cases, 256 more deaths

MEXICO CITY (Reuters) – Mexico’s health ministry on Monday reported 3,719 new confirmed cases of coronavirus infections and 256 additional fatalities, bringing the total in the country to 599,560 cases and 64,414 deaths. The government has said the real number... More »

Bookmark?Remove?

Spain reports more than 23,000 new COVID-19 cases since Friday

MADRID (Reuters) – Spain has registered more than 23,000 new COVID-19 cases since Friday, health emergency chief Fernando Simon told a news conference on Monday, suggesting the infection rate had declined slightly from an Aug. 21 peak. Health ministry data sho... More »

Bookmark?Remove?

Japan’s record economic plunge wipes out Abe era gains

TOKYO (Reuters) – Japan was hit by its biggest economic slump on record in the second quarter as the coronavirus pandemic emptied shopping malls and crushed demand for cars and other exports, bolstering the case for bolder policy action to prevent a deeper rec... More »

Bookmark?Remove?

Facebook faces heat from Indian lawmakers on content practices

NEW DELHI (Reuters) – Indian politicians are trading barbs over a media report that Facebook Inc’s (FB.O) content policies favoured Prime Minister Narendra Modi’s party, putting the social network at the centre of a political storm in its biggest market by use... More »

Bookmark?Remove?

Asia shares push ahead as China markets jump

SYDNEY (Reuters) – Asian shares crept back toward recent peaks on Monday as Chinese markets swung higher, while investors waited to see if the recent sell-off in longer-dated U.S. Treasuries would extend and maybe take some pressure off the beleaguered dollar.... More »

Bookmark?Remove?

Take Five: Impasse!

1/WALL STREET WATCHES WASHINGTON U.S. lawmakers negotiating a fresh dose of stimulus have reached an impasse. Trillions of dollars injected by the Federal Reserve and huge government spending increases have stemmed coronavirus-linked economic damage, fuelling ... More »

Bookmark?Remove?

Trump says he is considering pardon for leaker Edward Snowden

WASHINGTON (Reuters) – U.S. President Donald Trump said on Saturday he is considering a pardon for Edward Snowden, the former U.S. National Security Agency contractor – now living in Russia – whose spectacular leaks shook the U.S. intelligence community in 201... More »

Bookmark?Remove?

Pelosi considering recalling Congress over Post Office woes

WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi may recall lawmakers from a summer recess to address changes at the Postal Service that have prompted anger among Democrats and alarm about possible impact on the 2020 election. A Democratic congressional ... More »

Bookmark?Remove?

Stocks dip on lukewarm data- oil falls

NEW YORK (Reuters) – Stocks fell on Friday as data out of China, the euro zone and the United States put a lid on expectations for a sustained global rebound, with traders already worried about a delay in U.S. fiscal stimulus. A review of the U.S.-China trade ... More »

Bookmark?Remove?

Beirut residents mourn destruction amid transformed cityscape

BEIRUT (Reuters) – Curtains flutter through broken windows, piles of debris block the streets and top-floor apartments with their roofs blown off are exposed to the sky. As the residents of Beirut try to pick up their lives after an explosion that shook the co... More »

Bookmark?Remove?

Equinor appoints new CEO to speed up renewable investments

OSLO (Reuters) – Equinor (EQNR.OL) on Monday announced the appointment of Anders Opedal as chief executive effective from Nov. 2 as the Norwegian oil and gas group looks to speed up a move into renewable energy. The new CEO, who had been executive vice preside... More »

Bookmark?Remove?

China sends fighter jets as U.S. health chief visits Taiwan

TAIPEI (Reuters) – Chinese air force jets briefly crossed the mid-line of the Taiwan Strait on Monday and were tracked by Taiwanese missiles, Taiwan’s government said, as U.S. health chief Alex Azar visited the island to offer President Donald Trump’s support.... More »

Bookmark?Remove?

Iran says Beirut blast should not be politicised

DUBAI (Reuters) – Iran said on Monday that countries should refrain from politicising the massive blast in Beirut last week, and that the United States should lift sanctions against Lebanon. “The blast should not be used as an excuse for political aims … the c... More »

Bookmark?Remove?

BP’s green energy targets will be tough to meet

LONDON (Reuters) – BP (BP.L) will need to invest tens of billions of dollars over the next decade and may have to accept lower returns than it can get from oil if it is to meet its target of becoming one of the world’s largest renewable power generators. The B... More »

Bookmark?Remove?

Australia says COVID-19 outbreak shows signs of peaking

SYDNEY (Reuters) – Australia recorded its biggest one-day rise in COVID-19 deaths on Monday although a slowdown in new cases gave hope that a second wave of new infections in the state of Victoria may have peaked. Nineteen people had died from the virus, all i... More »

Bookmark?Remove?

UK COVID-19 daily death count could be scrapped: Telegraph

(Reuters) – The UK’s official COVID-19 daily death count could be scrapped following an investigation into Public Health England’s method of counting the toll, The Telegraph newspaper reported. The conclusions of the investigation, which was ordered by Health ... More »

Bookmark?Remove?

Special Report: COVID opens new doors for China’s gene giant

SYDNEY (Reuters) – As countries scramble to test for the novel coronavirus, a Chinese company has become a go-to name around the world. BGI Group, described in one 2015 study as “Goliath” in the fast-growing field of genomics research, is using an opening crea... More »

Bookmark?Remove?

Islamic State storm Afghan jail, freeing hundreds of prisoners

KABUL (Reuters) – More than 300 prisoners were at large on Monday after an attack by Islamic State on an Afghan prison, the governor’s spokesman said on Monday, as clashes continued between prisoners and security forces. The assault began on Sunday night on th... More »

Bookmark?Remove?

Summer mood swings: markets turn higher on hopes of virus aid

LONDON (Reuters) – World stocks and the dollar rallied after a cautious European morning as thin summer trading led to sharp swings in the market, and worries about U.S. gridlock over the next round of coronavirus aid eased. In Europe, stocks were up 1.2% as t... More »

Bookmark?Remove?

There may never be a ‘silver bullet’ for COVID-19, WHO warns

GENEVA (Reuters) – The World Health Organization warned on Monday that, despite strong hopes for a vaccine, there might never be a “silver bullet” for COVID-19, and the road to normality would be long. More than 18.14 million people around the world are report... More »

Bookmark?Remove?

J.C. Penney’s survival hinges on urgent sale negotiations

NEW YORK (Reuters) – The survival of J.C. Penney Co Inc hangs on whether the department store chain can reach a complex deal within days to sell itself to an alliance of retail mavens and distressed-debt investors. The 118-year-old retailer blew through a Frid... More »

Bookmark?Remove?

Next big COVID-19 treatment may be manufactured antibodies

(Reuters) – As the world awaits a COVID-19 vaccine, the next big advance in battling the pandemic could come from a class of biotech therapies widely used against cancer and other disorders – antibodies designed specifically to attack this new virus. Developme... More »

Bookmark?Remove?

Europe cushions workforce as U.S. lifeline runs threadbare

FRANKFURT/LOS ANGELES (Reuters) – – While millions of U.S. workers thrown into unemployment by the coronavirus pandemic fret about feeding their families, idled German airline purser Marco Todte is mainly concerned about his next vacation. Todte, 41, hasn’t fl... More »

Bookmark?Remove?

Russia is raising oil output as OPEC+ cuts ease: source

MOSCOW (Reuters) – Russian oil and gas condensate output increased to 9.8 million barrels per day (bpd) on Aug. 1-2 from 9.37 million bpd in July as the country eases production curbs under an OPEC+ deal, a source familiar with data said on Monday. The Energy ... More »