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Exclusive-U.S. Regulators To Vet Alibaba, Other Chinese Firms' Audits -sources
U.S. regulators have selected e-commerce giant Alibaba Group Holding Ltd and other U.S.-listed Chinese companies for audit inspections starting next month, three sources familiar with the matter said.
Aug 30, 2022
Canadian Banks Brace For Uncertainties After Mixed Quarter
Bank of Montreal (BMO) closed out a mixed quarter for Canada's biggest banks on Tuesday, with investors and analysts expecting some earnings drivers to ebb and economic uncertainties to increase in future quarters.
Aug 30, 2022
Churches, Mosques House Stolen Nigerian Fuel In Pervasive Oil Theft, Says NNPC Head
Every section of Nigerian society is complicit in the theft of millions of barrels, the head of state oil company NNPC Ltd said on Tuesday, adding that make-shift pipelines and stolen fuel had even been found in churches and mosques.
Aug 30, 2022
Exclusive-Iraqi Kurdistan's Oil Output Could Halve Without Investment - Documents
Oil production in the Iraqi region of Kurdistan could almost halve by 2027 if there is no new exploration or major investment in the sector, government documents seen by Reuters showed.
Aug 30, 2022
Wall Street Set To Rebound After Jackson Hole Shock, Data Eyed
U.S. stock indexes were set for a higher open on Tuesday after a two-session hammering on fears of aggressive policy tightening by the Federal Reserve, with investors looking ahead to consumer confidence and job openings data later in the day.
Aug 30, 2022
Vatican Tries To Mend Ukraine Ties After Kyiv Protests Pope Comments
The Vatican acted to mend strained relations with Ukraine on Tuesday after Pope Francis upset Kyiv by referring to Russian ultra-nationalist Darya Dugina, who was killed by a car bomb near Moscow, as an innocent victim of war.
Aug 30, 2022
Kenya's Top Court To Rule On Hacking Allegations, Votes Disparity In Election Dispute
Kenya's Supreme Court on Tuesday laid out eight questions it will answer when it rules on this month's disputed presidential election result, including whether the commission's website was hacked.
Aug 30, 2022
Jackson, Mississippi, To Go Without Reliable Drinking Water Indefinitely
Jackson, Mississippi, will go without reliable drinking water indefinitely, officials said on Monday, after pumps at the main water treatment plant failed, leading to the emergency distribution of bottled water and tanker trucks for 180,000 people.
Aug 30, 2022
Corning To Build New Arizona Optical Cable Factory Ahead Of U.S. Broadband Push
Corning Inc announced plans on Tuesday to build a new optical cable manufacturing plant in Arizona as the U.S.
Aug 30, 2022
HSBC Hires Justin Wu As Asia-Pacific Co-head Of Climate Change - Memo
HSBC has hired Justin Wu as its first co-head of climate change Asia Pacific to lead the development and implementation of the bank's sustainability strategy in the region, a memo to staff seen by Reuters showed.
Aug 30, 2022
NYC, California Pension Leaders Seek Payment Codes For Gun Sellers
Top New York City and California pension officials want payments processors Visa Inc, Mastercard Inc and American Express to create a new tool to track suspicious gun purchases.
Aug 30, 2022
U.N. Ship Brings Food Relief From Ukraine To Drought-stricken Horn Of Africa
A ship carrying wheat from Ukraine to the drought-stricken Horn of Africa docked on Tuesday, the United Nations said, the first to make that journey since the Russian invasion began six months ago.
Aug 30, 2022
Exclusive-Attacks On Major Iraqi Gasfield Drive Out U.S. Contractors
A series of rocket attacks on a gasfield in northern Iraq has sent the U.S.
Aug 30, 2022
Analysis-BlackRock Too Green For Texas; Rest Of Wall Street Okay - For Now
Most big Wall Street firms passed a test for business as usual in Texas last week when state Comptroller Glenn Hegar kept all but BlackRock Inc.
Aug 30, 2022
Analysis-Musk's Bold Goal Of Selling 20 Million EVs Could Cost Tesla Billions
Tesla Inc Chief Executive Elon Musk has set his young company on an aggressive expansion path like no other auto executive has dreamed - but one riddled with potholes and road blocks that could stall or sidetrack the journey.
Aug 30, 2022
France Accuses Russia Of Using Gas As 'Weapon Of War'
France accused Moscow on Tuesday of using energy supply as "a weapon of war" as Russian gas giant Gazprom reduced deliveries to one of its main utilities and prepared to halt flows along a major pipeline to Germany.
Aug 30, 2022
Taiwan President: Restraint Does Not Mean It Won't 'Counter' China
The more China provokes the more calm Taiwan must be, but restraint does not mean there cannot be "strong countermeasures" if needed, President Tsai Ing-wen said on Tuesday visiting front line forces based on islands in the sensitive Taiwan Strait.
Aug 30, 2022
Rockets Land In Green Zone, Iran Closes Iraq Border After Baghdad Clashes
Militants fired rockets at Baghdad's fortified Green Zone as clashes between Shi'ite Muslim groups spilled into a second day, Iraq's military said, and Iran closed its border with Iraq after the worst fighting in the Iraqi capital for years.
Aug 30, 2022
EU Split On Visa Bans For Russia, Plans Ukraine Training Missions
Germany and France have issued a joint warning against a ban on tourist visas for Russians, saying such a step, advocated by other European Union member states, would be counter-productive.
Aug 30, 2022
Sri Lanka Budget To Bolster Revenue And Fight Inflation As IMF Talks Progress
Sri Lanka's talks with the International Monetary Fund (IMF) on a bailout package have made solid progress, President Ranil Wickremesinghe said on Tuesday, presenting an interim budget to boost revenue and fight inflation.
Aug 30, 2022
Analysis-Development Banks Under Pressure To Compensate Harmed Communities
Mamadou Lamarana was hoping the World Bank's financial involvement in a western Guinean bauxite mine expansion would lead to compensation for the loss of land and pollution he says his community suffered in the run up to their resettlement in 2020.
Aug 30, 2022
Japan To Coordinate With Sri Lanka Creditors To Resolve Debt Crisis
Japan will coordinate with other creditors to resolve Sri Lanka's deepening financial crisis, Finance Minister Shunichi Suzuki said on Tuesday, urging all creditor nations to gather and discuss the South Asian nation's debt at the same table.
Aug 30, 2022
Solomon Islands To Ban U.S. Navy Ships From Ports - U.S. Embassy
The Solomon Islands government has told the United States it will place a moratorium on navy vessels entering its ports, the United States embassy in Canberra said on Tuesday.
Aug 30, 2022
Parched UAE Turns To Science To Squeeze More Rainfall From Clouds
As a twin-turboprop aircraft takes off under the burning desert sun with dozens of salt canisters attached to its wings, United Arab Emirates meteorological official Abullah al-Hammadi scans weather maps on computers screens for cloud formations.
Aug 30, 2022
Analysis-Surging Energy Prices Create Perfect Storm For UK Bonds
British government bonds are on course for their biggest monthly fall since 1994, as surging energy prices create a perfect storm of higher inflation, tighter monetary policy and the prospect of greater government borrowing.
Aug 30, 2022
Hong Kong Court Upholds Warrant On Tycoon Jimmy Lai's Phones
Hong Kong's High Court on Tuesday upheld a new warrant obtained by the national security police to search the contents of media tycoon Jimmy Lai's phones.
Aug 30, 2022
Cryptoverse: Bleeding Bitcoin's Holding Out For A Hero
Who can save bitcoin?The world's biggest cryptocurrency can't seem to catch a break.
Aug 30, 2022
PIMCO Cut Big Position In Russia CDS By Adding Bonds In Q2
PIMCO's largest investment fund bought Russia government international bonds and hedged its position through credit default swaps (CDS) in the second quarter - the same quarter that Russia had a historic debt default, according to fund documents and Reuters calculations.
Aug 30, 2022
Vehicle Pedestrian Safety Systems Struggle To See In The Dark
Many of the automatic braking systems automakers are using to prevent vehicles from hitting pedestrians do not work well in the dark, according to test results released Tuesday by the U.S.
Aug 30, 2022
Oil Edges Down As Inflation Expected To Impact Fuel Demand
Oil prices dipped on Tuesday, paring some gains from the previous session, as the market feared that more aggressive interest rates hikes from central banks may lead to a global economic slowdown and soften fuel demand.
Aug 30, 2022
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