EXCLUSIVE Biden’s emergency council calls for railroad wage increases to resolve contract talks

EXCLUSIVE Biden’s emergency council calls for railroad wage increases to resolve contract talks

US President Joe Biden walks to Air Force One as he departs for Washington, DC, from Joint Base Charleston, South Carolina, US, Aug. 16, 2022. REUTERS/Joshua Roberts Register now for FREE unlimited access to Reuters.com Register WASHINGTON/LOS ANGELES, Aug. 16 (Reuters) – US President Joe Biden’s emergency council is tasked with helping major freight railroads … Read more

Elon Musk says he’s buying Manchester United

Elon Musk says he’s buying Manchester United

Tesla CEO Elon Musk watches as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. REUTERS/Michele Tantussi/ Register now for FREE unlimited access to Reuters.com Register Aug. 16 (Reuters) – Tesla (TSLA.O) Chief Executive Officer Elon Musk said on Tuesday that he bought Manchester United Plc (MANU.N) football … Read more

Philips bids farewell to CEO amid massive recall

Philips bids farewell to CEO amid massive recall

Van Houten leaves the helm after almost 12 years To be replaced on October 15 by Connected Care head Jakobs Shares up 2% but down more than 50% since product recall AMSTERDAM, Aug. 16 (Reuters) – Philips (PHG.AS) Chief Executive Frans van Houten will leave the company in October, the Dutch health tech company said … Read more

Exclusive: Tencent plans to divest its $24 billion stake in Meituan

Exclusive: Tencent plans to divest its  billion stake in Meituan

Tencent wants to start selling Meituan shares this year – sources Sales tries to please regulators, monetize 8-year-old gambling resources Selling Shares Will Likely Be Done As Block Trading – Resources Move Comes Following Tencent’s Divestment of JD.com, SEA Holdings Meituan shares sink 10%; Restoring Tencent Shares HONG KONG, Aug. 16 (Reuters) – China’s Tencent … Read more

Ukraine calls on world to ‘show strength’ after shelling near nuclear power plant

Ukraine calls on world to ‘show strength’ after shelling near nuclear power plant

Zelenskiy wants new sanctions against Russian nuclear sector Ukraine and Russia blame shelling near factory IAEA has warned of factory disasters unless fighting stops Kiev, Aug. 16 (Reuters) – Ukraine called for new sanctions against Russia, highlighting the risks and consequences of a catastrophe at Europe’s largest nuclear power plant, where new shelling nearby has … Read more

UK is first to approve Omicron COVID shot with Moderna nod

UK is first to approve Omicron COVID shot with Moderna nod

A nurse prepares a dose of the Moderna coronavirus disease (COVID-19) vaccine at Glangwili General Hospital in Carmarthen, Wales, UK April 7, 2021. Jacob King/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register UK JCVI supports use of bivalent shot in autumn booster campaign Moderna sees approvals soon for Australia, Canada and … Read more

Russians and Ukrainians blame again for new shelling at nuclear power plant

Russians and Ukrainians blame again for new shelling at nuclear power plant

Russia and Ukraine accuse each other of shelling in recent days Russia says it will do everything it can to allow the IAEA to visit the nuclear power plant IAEA has warned of factory disasters unless fighting stops KYIV, Aug. 15 (Reuters) – Ukrainian and Russian-installed officials on Monday reported shelling near the Zaporizhzhya nuclear … Read more

Oil falls as Chinese data weighs

Oil falls as Chinese data weighs

FILE PHOTO – A pump jack is seen surrounded by steam during sunset at a PetroChina oil field in Karamay, Xinjiang, Uyghur Autonomous Region, Jan. 5, 2011. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register China’s July refinery output lowest since March 2020, data shows Stronger US dollar and low liquidity pressures Coming … Read more

Exclusive: Wall Street revives Russian bond trading after US approval

Exclusive: Wall Street revives Russian bond trading after US approval

NEW YORK, Aug. 15 (Reuters) – Several major Wall Street banks have begun offering transactions in Russian debt in recent days, according to banking documents seen by Reuters, giving investors another chance to sell assets held in the US. West generally considered poisonous. Most US and European banks had pulled out of the market in … Read more

Asia equities mixed, China cuts rates as data disappoints

Asia equities mixed, China cuts rates as data disappoints

FILE PHOTO – People pass an electronic screen displaying Japan’s Nikkei stock price index in a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 Nikkei Rising, S&P 500 Futures Dip PBOC cuts key interest rates, Chinese data misses forecasts Eyes on Fed Minutes, … Read more