Smaller EU Telcos Say Network Fee Aimed At Big Tech Will Hurt Competition
EU regulators' plan to make Alphabet's Google, Meta and Netflix bear some of the costs of the bloc's telecoms network would distort the telecoms market and harm competition, a group of small telecoms operators said on Tuesday.
Spain's Abengoa Wins Dismissal Of U.S. Shareholder Lawsuit Alleging Fraud
A U.S. judge on Tuesday dismissed a lawsuit by Abengoa SA shareholders accusing the Spanish engineering and energy company of conducting a massive accounting fraud between 2013 and 2015 that masked a liquidity crisis and culminated in bankruptcy.
Taliban Set Off Fireworks To Celebrate First Anniversary Of U.S. Withdrawal From Afghanistan
Celebratory fireworks lit up the Kabul sky on Tuesday night on the first anniversary of the withdrawal of U.S.
Fed Officials See U.S. Interest Rates Rising Further
U.S. Federal Reserve officials on Tuesday reiterated their support for further interest-rate hikes to quell inflation, with the influential chief of the New York Fed saying the central bank will likely need to get its policy rate "somewhat above" 3.5% and keep it there through the end of 2023.
Saint Kitts Ban On Gay Sex Struck Down By Caribbean Regional Court
A Caribbean regional court has ruled that a Saint Kitts and Nevis prohibition on gay sex is unconstitutional because it violates the right to privacy, striking down one of a handful of bans on same-sex intercourse that still exist in the region.
What Is Times Square? New York Maps Out Answer Ahead Of New Gun Ban
Two days before a state law is due to come into effect banning guns in "the area commonly known as Times Square," the New York City Council held a hearing to decide exactly what that means.
Some Faraday Future Employees Call For Removal Of Chairperson Sue Swenson - Letter
Several employees of Faraday Future Intelligent Electric Inc have called on the electric-vehicle startup's board and shareholders to remove Executive Chairperson Susan Swenson, according to a letter seen by Reuters.
Brazil 2023 Budget Bill To Lower Welfare Program But Will Indicate Gov't Intention To Increase It -sources
Brazil's 2023 budget bill to be sent to Congress on Wednesday should lower the Aux?lio Brasil welfare program to 400 reais per family, but a presidential message is expected to stress the intention to keep monthly payouts at current levels, said two sources with knowledge of the matter.
Some U.S. Justice Dept Staff Barred From Attending Partisan Events
Political appointees at the U.S. Justice department will be barred from attending campaign events or fundraisers, according to new guidance issued by U.S.
Restoring Chevron Operations In Venezuela Depends On U.S. -minister
Venezuela's oil minister said on Tuesday progress to relaunch operations of oil major Chevron Corp in the U.S.-sanctioned South American country depends on licenses by Washington.
Chorus Backing Big ECB Rate Hike Grows
A chorus of European Central Bank policymakers called for decisive and swift rate hikes on Tuesday to combat soaring inflation, suggesting that the choice in next week's policy meeting will be between a big move and an even bigger one.
UN Racism Body Calls For U.S. To Act To Mitigate Dobbs' Effects
A UN committee on Tuesday condemned the overturning of the constitutional right to abortion in the United States, saying it was hitting racial and ethnic minorities hardest and asked Washington to take mitigation measures.
First Solar Pledges Big U.S. Factory Expansion Thanks To Climate Law
First Solar Inc will spend $1.2 billion to expand its solar panel manufacturing operations in the United States, creating hundreds of jobs including with a new factory in the Southeast, the company said on Tuesday.
Exclusive-Geely, Oil Group Could Take Stakes In Renault Engine Company - Sources
China's Geely Automobile Holdings and an oil group are in talks about taking stakes in the fossil-fuel engine unit Renault plans to separate from its electric vehicle (EV) business, two sources close to the French carmaker said.
Inflation Crisis Forces New Frugality On French Consumers
Cost-conscious French consumers are ditching fish, buying cheaper meat and snubbing organic food to save money on their shopping, the head of Europe's largest food retailer and shoppers said on Tuesday.
Monkeypox Outbreak Can Be Eliminated In Europe, WHO Says
It is possible to eliminate the monkeypox outbreak in Europe, World Health Organization officials said on Tuesday, highlighting evidence that case counts are slowing in a handful of countries.
U.S. Job Openings Rise In July; Consumer Confidence Rebounds
U.S. job openings increased in July and data for the prior month was revised sharply higher, pointing to persistently strong demand for labor that is giving the Federal Reserve cover to maintain its aggressive interest rate increases.
Teenager Dead, Over 375,000 People Without Power In Michigan After Storms
Hundreds of thousands of residents in Michigan were without electricity on Tuesday morning after powerful storms toppled trees and downed thousands of power lines in the state a day earlier, including one that electrocuted a 14-year-old girl.
Last-minute Christmas Shopping May Back Be In Vogue This Year, Says Best Buy
Americans may leave their end-of-year holiday gift buying as late as possible, Best Buy Co Inc executives said on Tuesday, as cost-conscious consumers seek the best deals in a return to pre-pandemic shopping habits.
Gazprom Squeezes Tighter Gas Supplies To France's Engie
Russia's Gazprom is further squeezing gas deliveries to Engie, one its main European utilities, from Tuesday in a dispute over contracts, deepening concerns about Europe's winter energy supply.
U.S. House Price Inflation To Plunge In 2023, Fair Value Still A Distant Dream
Skyrocketing U.S. house prices will rise at their weakest pace in more than a decade next year as worsening affordability dents demand, according to analysts polled by Reuters, who said prices need to fall in double digits to be fairly valued.
Explainer-How Could Europe Cap Surging Energy Prices?
The European Union is preparing an emergency plan to separate power prices from the soaring cost of gas - as well as longer-term reforms aimed at ensuring electricity prices reflect cheaper renewable energy.
Buffett's Berkshire Trims Stake In China's BYD, A Holding Since 2008
Warren Buffett's Berkshire Hathaway Inc has trimmed its stake in BYD Co, seven weeks after prompting speculation it might sell its entire multi-billion dollar stake in the largest Chinese electric car company.
Thousands In Mississippi's Capital Without Water After Treatment Plant Fails
The state of Mississippi on Tuesday was scrambling to bring a long-neglected water treatment plant in its capital city back on line a day after it broke down, leaving about 180,000 residents without potable running water, possibly for days.
Truth Social Android App Not Approved On Google Play Store -Axios
Former U.S. President Donald Trump's social media platform Truth Social has not yet been approved for distribution on Alphabet Inc's Google Play Store due to insufficient content moderation, Axios reported on Tuesday, citing a Google spokesperson.
UN Appeals For $160 Million To Help Pakistan Amid 'Epochal' Floods
The United Nations appealed on Tuesday for $160 million to help Pakistan as army helicopters rescued stranded families and dropped food packages into inaccessible areas following "epochal" rains and flooding.
Mother Seeks Justice For Son In Ukraine: 'He Walked Away And They Shot Him'
Roman Herasymenko, 57, was shot in his hometown in Ukraine by Russian soldiers, his mother said, as he tried to recover a SIM card from his mobile phone which they had smashed.
Kyiv Ravers Escape Horrors Of War Through Music
Parties rarely start with a DJ arriving in his military uniform, but this is the reality for Ukraine's electronic music scene as it forges on through the war.
Analysis-France Braces For Uncertain Winter As Nuclear Power Shortage Looms
France, once Europe's top power exporter, may not produce enough nuclear energy this winter to help European neighbours seeking alternatives to Russian gas, and may even have to ration electricity to meet its own needs.
U.S. Startup SiMa.ai Starts Shipping Machine Learning Chip And System
Silicon Valley-based SiMa.ai, a machine learning startup backed by Fidelity Management & Research Company, said on Tuesday it started shipping chips and systems to customers that are testing them, an important step for mass production.