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Miners’ profits face an unusual foe: extreme weather
(Reuters) - Heavy rainfalls, withering droughts and other extreme weather patterns across the globe are denting miners' profits and crimping supply of iron ore, copper and other widely-used minerals a...
Syndicated Content Jul 29, 2022
Timeline: Snowballing crisis at Evergrande, world’s most indebted developer
HONG KONG (Reuters) - China Evergrande Group will offer asset packages that may include shares in its two overseas-listed businesses as a sweetener for restructuring offshore debt, the developer said,...
Syndicated Content Jul 29, 2022
Fed’s aggressive rate-hike path bolstered by new inflation, wage data
By Ann Saphir and Howard Schneider (Reuters) - Federal Reserve Chair Jerome Powell said this week he's looking for compelling signs that inflation is cooling before the U.S. central bank will let up o...
Syndicated Content Jul 29, 2022
India’s Ola and Uber deny report of merger talks
(Reuters) -Uber Technologies Inc and its Indian rival Ola on Friday denied a media report that the ride-hailing firms were in talks for a merger. An Economic Times report said that Ola Chief Executive...
Syndicated Content Jul 29, 2022
Watchdog finds ‘weaknesses’ in FAA oversight of Boeing airplane flight manuals
WASHINGTON (Reuters) - A government watchdog said Friday it found "weaknesses" in the Federal Aviation Administration's oversight of Boeing airplane flight manuals. The Transportation Department Offic...
Syndicated Content Jul 29, 2022
FDIC urges banks to police misleading crypto claims on deposit insurance
WASHINGTON (Reuters) - A U.S. banking regulator is urging banks dealing with cryptocurrency companies that they need to make sure customers know which of their funds will be insured by the government ...
Syndicated Content Jul 29, 2022
U.S. House to vote Friday on ban on assault-style weapons
WASHINGTON (Reuters) -The U.S. House of Representatives will vote Friday on a bill banning assault-style weapons, Speaker Nancy Pelosi said in a letter to lawmakers. The legislation, which Pelosi, a D...
Syndicated Content Jul 29, 2022
U.S. appeals court upholds FAA drone identification rules
WASHINGTON (Reuters) - A U.S. Appeals Court on Friday upheld rules set by he Federal Aviation Administration (FAA) requiring drones to have remote identification technology to enable their identificat...
Syndicated Content Jul 29, 2022
Chile’s Codelco posts 35% drop in H1 pre-tax profit
MEXICO CITY (Reuters) - Top world copper producer Codelco reported on Friday a 35% drop in pre-tax profit to $2.4 billion for the first half of 2022, while its copper production fell 7.5% to 736,000 t...
Syndicated Content Jul 29, 2022
Biden nominates abortion rights lawyer in U.S. Supreme Court case to federal judgeship
By Nate Raymond (Reuters) - President Joe Biden on Friday nominated a lawyer who represented the Mississippi clinic at the heart of the U.S. Supreme Court's decision to overturn its landmark 1973 Roe ...
Syndicated Content Jul 29, 2022
Peoria, IL, USA
38 °F Partly cloudy
