Category Archives:
Ukraine to seek debt payment freeze as war ravages economy
By Natalia Zinets and Marc Jones KYIV/LONDON (Reuters) - Ukraine will ask international bondholders to agree to a 2-year delay on its debt payments so it can focus its dwindling financial resources on...
Jul 20, 2022
New Sri Lankan government must raise taxes, make difficult reforms – cbank governor
(Reuters) - Sri Lanka's new president will have to deal with daunting political challenges and his reforms should include tax rises to stabilize a devastated economy, the central bank governor told th...
Jul 20, 2022
U.S. House panel seeks to advance bill to ban assault-style rifles
By Richard Cowan WASHINGTON (Reuters) - A Democratic-controlled U.S. House of Representatives panel on Wednesday was set to advance a bill banning assault-style rifles such as those used in recent mas...
Jul 20, 2022
Prosecution witness to testify that ex-Trump adviser Bannon defied subpoena
By Sarah N. Lynch WASHINGTON (Reuters) - A witness for U.S. federal prosecutors is expected to testify on Wednesday that former President Donald Trump adviser Steve Bannon defied a subpoena from the c...
Jul 20, 2022
Evergrande’s EV unit says it receives pre-orders for more than 37,000 Hengchi EVs
SHANGHAI (Reuters) - China Evergrande New Energy Vehicle Group Ltd said on Wednesday it had received pre-orders for more than 37,000 units of its first model Hengchi 5. The pre-orders, which started t...
Jul 20, 2022
Health insurer Elevance raises annual profit forecast
(Reuters) -Elevance Health Inc lifted its annual earnings forecast on Wednesday after strength in the unit that houses its pharmacy benefits management business, IngenioRx, helped the company sail pas...
Jul 20, 2022
India’s Wipro misses quarterly profit estimates as employee costs rise
BENGALURU (Reuters) -India's Wipro Ltd missed analyst estimates for June-quarter profit on Wednesday, as higher employee-related costs pushed up the information technology services firm's overall expe...
Jul 20, 2022
‘The Supreme Court did us a favor’: Democrats seize on abortion ruling as midterm lifeline
By Tim Reid LAS VEGAS (Reuters) - Susie Lee, one of the U.S. Congress's most endangered Democrats, has spent this year fighting a tough re-election campaign in the face of soaring inflation and weighe...
Jul 20, 2022
Right-wing U.S. sheriffs vow to probe 2020 voter-fraud claims
By Peter Eisler and Nathan Layne (Reuters) - A coalition of rightwing "constitutional sheriffs," who claim legal power in their jurisdictions that exceeds U.S. federal and state authorities, has a new...
Jul 20, 2022
Exclusive-India central bank prepared to spend $100 billion more defending rupee – source
By Swati Bhat and Aftab Ahmed MUMBAI/NEW DELHI (Reuters) -India's central bank is prepared to sell a sixth of its foreign exchange reserves to defend the rupee against a rapid depreciation after it pl...
Jul 20, 2022
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