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Heavy rains in Australia's east bring worst floods in 50 years
MELBOURNE (Reuters) – Heavy rains along Australia’s east coast over the weekend have brought the worst flooding in half a century in some areas, authorities said on Sunday, forcing thousands to evacuate and damaging hundreds of houses.Slideshow ( 5 images )New South Wales Premier Gladys Berejiklian said the downpour across the state, Australia’s most populous […]
Exclusive: India’s rice exports fall sharply as sanctions delay payments from Iran
By Mayank Bhardwaj and Neha Dasgupta NEW DELHI (Reuters) – Reluctance among Indian traders to ship premium basmati rice to Iran as U.S. sanctions hobble its ability to pay has contributed to a sharp drop in overall exports from the world’s biggest supplier of the grain, trade and government sources said. Rice shipments from India […]
Top House Republican McCarthy confirms deal reached on small business loan bill
WASHINGTON (Reuters) – The top Republican in the U.S. House of Representatives said on Tuesday that a deal had been reached to replenish funding for an emergency program that extends loans to small businesses hit by a drop in demand due to the coronavirus pandemic. “There is a deal that is done,” House Republican leader […]