Twenty-five Years Since Paris Death, Princess Diana Still Captivates
A quarter of a century after her death at the age of just 36, Princess Diana remains a source of fascination to people around the world and her fate still casts a shadow over the British royals.
In A First, South Korean General Commands Joint Drills With U.S. Troops
For the first time a South Korean general is commanding annual joint drills with American forces, the U.S.
Young Adults With Disabilities Find Community On Social Media
Frustrated by what they felt were misperceptions of people with disabilities, Logan Kelble began posting dance videos on TikTok and bold, colorful fashion and makeup looks on Instagram - often with their feeding tube on full display.
Defiant Zelenskiy, On Independence Day, Says Ukraine Will Never Give Up Its Freedom
President Volodymyr Zelenskiy told Ukrainians in an emotional speech marking 31 years of independence on Wednesday that their country had been "reborn" when Russia invaded and that it would never give up its fight for freedom from Moscow's domination.
IMF Team To Holds Talks With Crisis-hit Sri Lanka On Debt Restructuring
A team from the International Monetary Fund (IMF) will meet Sri Lanka's president on Wednesday for talks to finalise a bailout package, including restructuring debt of about $29 billion, amid the nation's worst financial crisis in more than seven decades.
Japan Signals Return To Nuclear Power To Stabilise Energy Supply
Japan will restart more idled nuclear plants and look at developing next-generation reactors, Prime Minister Fumio Kishida said on Wednesday, setting the stage for a major policy shift on nuclear energy a decade after the Fukushima disaster.
Analysis-Indonesia Bulls Cheer Better-late-than-never Rate Hike
Indonesia's first interest rate hike in four years made its central bank one of the last to abandon pandemic-era monetary settings, but it's also given investors cause to stay bullish on one of the world's more resilient emerging markets.
Ping An Stands By HSBC Spin-off Call But Says It Is Not An Activist Investor
China's Ping An Insurance Group defended its call to spin off HSBC's Asia business, saying it cared about investment returns from its large stake in Europe's biggest bank but was not an activist investor.
Russian Stocks To Pare Some Heavy Losses By Year-end - Reuters Poll
Russia's stock market will pare some of its heavy 2022 losses by the end of the year, according to a Reuters poll of ten market experts, having fallen sharply after Moscow dispatched troops into Ukraine, triggering sweeping western sanctions.
Malaysia Ex-PM Najib Moves From Luxurious Lifestyle To Lockup
Former Malaysian Prime Minister Najib Razak's new prison lodgings may be less than an hour's drive from his mansion in Kuala Lumpur's affluent Bukit Tunku neighbourhood, but it is a world away from the luxury he is used to.
NASA Poised For Historic Artemis I Lunar Launch From Florida
A half century after the end of NASA's Apollo era, the U.S.
Analysis-'New Shock' For European Markets As Gas Price Spike Fuels Inflation Fears
Another dramatic spike in natural gas prices appears to have ended any hopes that Europe's inflation battle is set to ease, with financial markets now bracing for higher prices, a faster pace of interest rate hikes and a deeper economic downturn.
Investors See No Fed Pivot, Brace For Hawkish Powell Message In Jackson Hole
Investors are bracing for the Federal Reserve to double down on its commitment to crushing inflation, and expect its chair Jerome Powell at the annual central bank gathering in Wyoming this week to deliver an aggressive tightening message and dash hopes for a rate cut next year.
Central Bankers Head To U.S. Mountains With A Bad Case Of Inflation Reflux
This time last year, the world's biggest central banks were united in getting the inflation story wrong.
Lachlan Murdoch Sues Australian News Site For Defamation
Fox Corp CEO Lachlan Murdoch has filed a defamation lawsuit against an Australian news site over an opinion piece he says accused him of being complicit in the Jan.
China Faces More Climate Havoc Despite Cool-off In Some Regions
Extreme heat in China played havoc with crops and power supplies on Wednesday despite lower temperatures in some regions, with authorities across the Yangtze river basin scrambling to limit the damage from climate change on crops and livestock.
New Zealand To Force Supermarkets To Give Rivals Access To Wholesale Units
The New Zealand government said on Wednesday it plans to introduce regulations that would force the wholesale arms of supermarkets to provide competitors fair access to their grocery and other products if they do not do it voluntarily.
Hawkish Fed Comments Knock Stocks, Help Dollar
Asian stock markets slipped for an eighth straight session on Wednesday, and the dollar loomed large as fresh hawkish comments from a Federal Reserve official kept investors cautious ahead of this week's Jackson Hole symposium.
Oil Prices Fall As Fears Of Imminent OPEC+ Output Cut Recede
Oil prices fell on Wednesday, taking a breather from a nearly 4% surge the previous day on receding fears of an imminent output cut by the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+.
Toronto Market Seen Higher In 2022, 2023 Despite Selloff Fears: Reuters Poll
Canada's main stock index is expected to advance through the end of the year and then approach a record peak in 2023 as high commodity prices bolster resource company earnings and despite the risk of another major sell-off, a Reuters poll found.
Dollar Pauses For Breath Ahead Of Jackson Hole
The U.S. dollar steadied just below recent peaks on Wednesday, as investors waited to hear from the Federal Reserve and pondered whether weak U.S.
China's Jobless Turn To Car Boot Sales As COVID-hit Economy Stalls
When the COVID-19 pandemic forced Wang Wei to shut his tourism company, the Tianjin native poured his life-savings of 80,000 yuan ($11,785) into selling coffee from the back of his green Suzuki micro van in the Chinese capital Beijing.
U.S. IRS Launches Security Review After Threats, Misinformation On Social Media
The U.S. Internal Revenue Service is reviewing safety and security measures in response to an "abundance" of threats and misinformation on social media about the agency and its employees, IRS Commissioner Charles Rettig said in a staff memo released on Tuesday.
How The Ukraine-Russia War Rattled Global Financial Markets
Over six months since Russia invaded Ukraine in what Moscow calls its "special military operation" thousands have been killed, millions made homeless and the world has seen the worst East-West tensions since the Cold War.
Angolans To Vote In Tight Race That Could Affect Pro-Russia Ties
Angolans will vote on Wednesday in a tight race in which the main opposition coalition has its best-ever chance of victory, as millions of youth left out of its oil-fuelled booms are expected to express frustration with nearly five decades of MPLA rule.
S&P 500 Seen A Little Higher By End Of 2022 -strategists
The S&P 500 will end the year a little above its current level after a recent rally that has lifted the index from its bear market lows, according to a new Reuters poll of strategists.
Energy Bonanza Drives Shareholder Payouts To New Record
Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and to a record quarterly high, data showed on Wednesday.
Whole Foods Is Sued Over 'No Antibiotics, Ever' Beef Claim
Whole Foods Market was sued on Tuesday by three consumers and an animal welfare nonprofit, in a lawsuit accusing the Amazon.com Inc unit of falsely marketing beef with the slogan "No Antibiotics
Nancy Pelosi's Husband Pleads Guilty To Drunken Driving In California
The husband of U.S. House Speaker Nancy Pelosi was sentenced to five days in jail and ordered to pay $6,800 in fines and restitution on Tuesday after he pleaded guilty to causing injury by drunken driving in Napa County, California.
Brazil Too Important A Food Producer To Depend On Fertilizer Imports, Industry Says
Global fertilizer companies operating in Brazil can increase local output of important crop nutrients if the government continues to improve the regulatory framework for the sector, industry representatives said on Tuesday.