Shipping Container Suppliers Abandon $987 Million Deal After U.S. Probe
Global shipping container suppliers China International Marine Containers and Maersk Container Industry in a joint statement on Thursday said they have abandoned a merger plan, citing significant regulatory challenges.
Shoppers Are Cutting Back On Clothing, Forcing U.S. Retailers To Slash Prices
Inflation-weary shoppers are cutting back sharply on clothing purchases, prompting U.S. retailers to slash prices in order to clear inventory off the racks.
Factbox-U.S. Abortion Restrictions Mount After Overturn Of Roe V. Wade
New abortion bans are taking effect in five U.S. states this week, adding to the raft of restrictions states have enforced since the U.S.
Angola Ruling Party Close To Victory In Divisive Election
Angola's ruling party has a solid majority after nearly all votes were counted in a national election, the electoral commission said on Thursday, but the main opposition party has cast doubt on the results of the divisive poll.
Vast Nuclear Plant Held By Russia Disconnects From Ukraine's Grid - Energoatom
Ukraine said its Zaporizhzhia nuclear power plant was disconnected from the Ukrainian grid for the first time ever on Thursday, fueling fears of a possible mishap at Europe's largest nuclear facility that is now under Russia's control.
Spike In China Tensions Won't Change U.S. Taiwan Weapons Policy, For Now -sources
China's aggressive military drills around Taiwan in response to U.S.
U.S.-listed Companies Will Have To Disclose How CEO Pay Stacks Against Firm Performance
Wall Street's main regulator on Thursday voted to adopt a measure requiring that U.S.-listed companies disclose how the pay of their top executives squares with overall company performance.
Rock-hunting NASA Rover Reveals Martian Crater's Surprising Geology
Core samples drilled by NASA's Perseverance rover on the Martian surface are revealing the geology of a gaping crater scientists suspect may have harbored microbial life billions of years ago, including surprises about the nature of the rock present there.
Ukraine Faces Toughest Winter Yet, But Gas Reserve Goal Within Reach
Ukraine faces its most difficult winter in modern history but should manage to reach a government goal of building 19 billion cubic meters (bcm) of natural gas reserves in time
Tesla Wants Videos Of Its Cars Running Over Child Dummies Taken Down By Safety Group
Tesla Inc has demanded a safety advocacy group take down videos of its vehicles running over child dummies when its driver assistant system was engaged
After Rescue By Open Arms, 99 Migrants Wait To Dock In Europe
Around 30 nautical miles off the coast of Italy's Sicily, 99 migrants are awaiting an update on their future after nine days at sea as nearby nations discuss who should receive them.
Exclusive-U.S. Report Identifies 21 'Filtration' Locations Run By Russia For Processing Ukrainians
Russia and its proxy forces in Ukraine are operating 21 locations used to detain, interrogate and process prisoners of war and civilians, according to a new report by Yale University researchers backed by the U.S.
Rogers Creditors Want Revision Of Proposed $9 Billion Bond Term Changes
The Canadian Bond Investors' Association (CBIA) wants Rogers Communications Inc to revise the company's proposed terms of changes to its bonds issued to fund Rogers' buyout of Shaw Communications Inc, the association said on Thursday.
Peloton Slides As Bleak Forecast Douses Hopes Of Quick Turnaround
Peloton Interactive Inc on Thursday forecast first-quarter revenue below estimates after a large quarterly loss, frustrating investors looking for progress in the company's efforts to revive sagging sales of its fitness equipment.
Analysis-Hawkish Fed, Strong U.S. Economy Will Keep Dollar King Of Currencies
The U.S. dollar surged this year to its highest in two decades and there are still plenty of bulls betting the greenback has legs to keep climbing thanks to a hawkish Fed and economic news that should keep America ahead of other major economies.
In Strategy Shift, Colombia To Suspend Air Strikes On Armed Groups
Colombia will suspend aerial bombings targeting illegal armed groups in a bid to avoid collateral damage to civilians and deaths of minors who have been forcibly recruited, Defense Minister Ivan Velasquez said on Thursday.
U.S. Justice Dept. Gives Judge Redacted Trump Search Affidavit Under Seal
The U.S. Justice Department under a court order gave a federal judge on Thursday a redacted copy under seal of an affidavit outlining evidence that underpinned the FBI's Aug.
Coty Rides Beauty Boom, Beats Revenue Estimates
Coty Inc on Thursday beat Wall Street expectations for fourth-quarter revenue and said the beauty category was blemish free with no signs of slowing in the face of decades-high inflation, lifting its shares up about 11% in morning trade.
Cboe Says Robinhood And Virtu Among Potential Equity Partners In Crypto Exchange
Cboe Global Markets Inc on Thursday said it is in discussions with several market participants, including retail brokers and market makers, about taking strategic stakes in its recently acquired digital asset exchange, ErisX, which will be renamed Cboe Digital.
Wall St Rises As Investors Await Fed's Signals From Jackson Hole
Wall Street's main indexes rose in early trading on Thursday, supported by banks and megacap growth stocks, while focus was squarely on Federal Reserve's annual Jackson Hole symposium for clues on the central bank's monetary policy outlook.
Cash-rich Germany Criticised By Watchdog Over Money Laundering
Germany has been criticised by a global watchdog for failing to do enough to tackle money laundering, such as by prosecuting very few for the crime despite being one of the globe's biggest cash centres.
California To Cover Canal With Solar Panels In Experiment To Fight Drought, Climate Change
California is about to launch an experiment to cover aqueducts with solar panels, a plan that if scaled up might save billions of gallons of otherwise evaporated water while powering millions of homes.
Analysis-Question Of Who Might Succeed Pope Francis To Loom Over Cardinals' Gathering
Roman Catholic cardinals from around the world gather for events at the Vatican starting this weekend that could amount to a dress rehearsal for an eventual conclave to choose a successor to Pope Francis after he dies or resigns.
U.S. Consumers Borrow At Record Levels As Car Prices Surge - Experian
U.S. consumers are responding to surging prices for new cars and trucks by going deeper into debt, pushing the average new vehicle loan to a record-high $40,290 during the second quarter, credit monitoring company Experian said Thursday.
Citigroup Says It Will Close Russian Consumer Business
Wall Street giant Citigroup Inc will close its consumer and commercial banking businesses in Russia starting this quarter and expects to incur about $170 million in charges over the next 18 months as a result, the company said on Thursday.
Texas Grid Avoids Summer Blackouts With $1 Billion In Extra Spending
Texas' electric grid operator has powered through record demand this summer by paying more to keep higher reserves and rewarding industrial consumers to cut usage, a combination that has added more than $1 billion to power fees.
Biden To Sign Order On $52 Billion Chips Law Implementation
President Joe Biden on Thursday will sign an executive order on implementation of the $52.7 billion semiconductor chips manufacturing subsidy and research law, the White House said.
Myanmar Rohingya, Five Years On, Want To Leave Bangladesh Camps And Go Home With Justice
Myanmar Rohingya Muslims protested across refugee camps in neighbouring Bangladesh on Thursday, the fifth anniversary of clashes between Rohingya insurgents and Myanmar security forces that drove hundreds of thousands of Rohingya from their homes.
Oil Money Is Flooding Into Guyana. Who Will Benefit?
Ever since Exxon Mobil found vast deposits of oil off Guyana's coastline in 2015, government leaders have pledged that black gold would transform the fortunes of one of South America's poorest countries.
Canada's TD, CIBC Profits Beat Estimates; Loan Growth Offsets Higher Costs, Provisions
Toronto-Dominion Bank and Canadian Imperial Bank of Commerce posted better-than-expected third-quarter profits on Thursday, with the former driven by lower provisions for credit losses (PCL) than anticipated, and the latter's due to better revenues than predicted.