World News

Trump says another country could join Israel-UAE accord

WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday it was possible another country could soon join a diplomatic accord between Israel and the United Arab Emirates. Trump is to host a signing ceremony next Tuesday that will include delegations with Israel and the UAE. His negotiators have been trying to get other Gulf […]

Business

Americans splurged over Labor Day weekend. That's the good news

WASHINGTON (Reuters) – People flocked to stores – and back to restaurants – over Labor Day weekend in the United States, setting post-pandemic highs for retail foot traffic and seated dining but also posing a puzzle. The upturn may be a sign that consumer confidence is returning alongside a fall in new coronavirus infections. Or […]

Business

BA owner IAG launches discounted 3:2 rights issue to raise 2.7 billion euros

LONDON (Reuters) – British Airways owner IAG (ICAG.L) launched a heavily discounted rights issue on Thursday to raise 2.74 billion euros ($3.2 billion) to help strengthen its finances, which have been squeezed by the coronavirus pandemic. Under the terms of the fully underwritten capital increase, announced in July and approved by shareholders on Tuesday, shareholders […]

Business

Caution reigns in wake of Nasdaq bounce, euro drifts higher ahead of ECB meeting

SINGAPORE (Reuters) – Stock markets rose on Thursday, but without the spring of Wall Street’s tech rebound as Asia’s investors trod carefully, while the euro crept higher as currency traders stood by for a crucial European Central Bank meeting later in the day. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS snapped its longest […]

Politics

Citing new book, Biden accuses Trump of betraying Americans on coronavirus

WARREN, Mich. (Reuters) – Democratic presidential nominee Joe Biden accused President Donald Trump on Wednesday of betraying the American people, saying he knowingly lied about the deadliness of the novel coronavirus in what amounted to a “dereliction” of his duty. According to newly released recordings of interviews done in February for a book by journalist […]

Politics

Book shows Trump betrayed Americans by downplaying virus: Biden says

WARREN, Mich. (Reuters) – Democratic presidential nominee Joe Biden accused President Donald Trump of betraying the American people on Wednesday, saying he knowingly lied about the deadliness of the novel coronavirus in what amounted to a “dereliction” of his duty. According to newly released recordings of interviews done in February for a book by journalist […]

World News

England tightens socializing rules as COVID infections rise

LONDON (Reuters) – Prime Minister Boris Johnson announced new restrictions on social gatherings in England on Wednesday, saying there was a clear need to act after a spike in COVID-19 infections. Speaking at a televised news conference, flanked by his top medical advisers, Johnson said groups of more than six people would be banned from […]

Business

Nasdaq rebounds as tech stocks stabilize after rout

(Reuters) – U.S. stocks bounced on Wednesday with the Nasdaq gaining 1.5%, as a rout in technology shares halted and investors shrugged off news that AstraZeneca had paused global trials of its experimental coronavirus vaccine. Tesla Inc’s shares jumped 8.8% after shedding about a fifth of their value in the previous session, following its surprise […]

World News

Russia calls Germany's handling of requests on Navalny 'inappropriate'

MOSCOW (Reuters) – Russia’s foreign minister criticized Germany on Wednesday over its handling of official requests by Moscow about the condition of Kremlin critic Alexei Navalny, Interfax news agency reported. Navalny, an opponent of President Vladimir Putin, is being treated in a Berlin hospital where he was taken after falling ill on a Russian domestic […]

World News

Japan's Suga says strong economy necessary to pursue fiscal reform

TOKYO (Reuters) – Japan’s Chief Cabinet Secretary Yoshihide Suga, a frontrunner to become next prime minister, said on Wednesday that strong economic growth is necessary to pursue fiscal reform. “Reviving Japan’s economy is our priority … A strong economy is necessary for social welfare, national security and fiscal reform,” Suga told a debate hosted by […]