Canadian Lawmakers Plan Taiwan Trip Amid Rising China Tensions
A delegation of Canadian lawmakers plans to visit Taiwan in October to seek economic opportunities in the Asia Pacific region, Liberal Member of Parliament Judy Sgro said on Wednesday, a move that could further stoke tensions between China and the West.
Missouri Man Charged For Threatening Election Official In Arizona
The U.S. Justice Department said on Wednesday it has charged a Missouri man for leaving threatening voicemails for an election official in Arizona, marking the sixth federal criminal case brought so far to combat the rising tide of threats against local election officials.
Bank Of America Says Overdraft Fee Revenue Fell 90% Since Last Year
Bank of America said on Wednesday overdraft fee revenue for June and July was down 90% from last year, as a result of lowering the fees charged to customers whose account balances go negative.
Bigger, Better Open Arms Charity Ship Makes Its First Migrant Rescue
Four times the tonnage of the original Open Arms rescue tugboat and with a capacity to carry up to 1,000 people, the Open Arms Uno made its first rescue on Wednesday, picking up 101 migrants stranded on a wooden boat off the Tunisian coast.
Kenya's Ruto Says No Time To Waste After Election As Rival Prepares Court Challenge
Kenya's president-elect William Ruto said on Wednesday there was no time to waste in tackling an economic crisis, as defeated rival Raila Odinga prepared a legal challenge to overturn his loss in Aug.
Pharmacies Ordered To Pay $650.6 Million To Ohio Counties In Opioid Case
Pharmacy operators CVS, Walmart and Walgreens must pay a combined $650.6 million to two Ohio counties to address the damage done by the opioid epidemic, a federal judge ruled on Wednesday.
U.S. Freight Railroads Say Board Wage Recommendations Will Guide Worker Contract Agreement
The committee representing U.S. freight railroads in labor talks with their union workers on Wednesday said the settlement recommendations from President Joe Biden's emergency board represent "the most substantial wage increases in decades," but that they are ready to reach agreements based on the findings.
What's Causing The Recent U.S. Heat Waves?
Much of the western United States will be gripped by a heat wave this week, with temperatures in some parts of California soaring above 110 Fahrenheit (43 Celsius) on Wednesday.
U.S. Retail Sales Flat On Gasoline Price Drop; Consumer Spending Resilient
U.S. retail sales were unexpectedly unchanged in July as falling gasoline prices weighed on receipts at service stations, but consumer spending appeared to pick up at the start of the third quarter, further assuaging fears the economy was in a recession.
Exclusive - Unilever Exec: Investor Peltz Supportive Of Sustainability Drive
Activist investor Nelson Peltz is "supportive" of a plan by consumer goods maker Unilever to de-carbonize all five of its newly established business units, in an endorsement of its sustainability strategy, a Unilever executive told Reuters.
Bed Bath & Beyond Leads Meme Stock Rally As Retail Punters Pile In
Shares of Bed Bath & Beyond Inc jumped 26% on Wednesday, leading a surge in meme stocks again as individual investors continued to dabble in highly shorted shares.
FDA Says Faulty Philips Device Reports Accelerating As CEO Departs
The U.S. Food and Drug Administration (FDA) said reports of faulty Philips ventilators and sleep apnea machines had risen in the past quarter, underlining problems facing the Dutch company, which has just announced plans to replace its CEO.
Californians Asked To Cut Power Use As Extreme Heat Approaches
Californians were urged to ratchet down the use of electricity in their homes and businesses on Wednesday as a wave of extreme heat settles over much of the state, stretching tight power supplies to their breaking point.
France's River Loire Sets New Lows As Drought Dries Up Its Tributaries
France's river Loire, famous for the hundreds of castles gracing its shores, is a shallow river at the best of times, but this year even its flat-bottom tourist barges can barely navigate waters greatly reduced by a record drought.
Investors Bet On Bigger BoE Rate Hikes After Inflation Overshoot
British two-year government bond yields surged to their highest level since the depths of the global financial crisis almost 14 years ago as stronger-than-expected inflation data ramped up bets on further Bank of England interest rate hikes.
Taiwan's Air Force Flexes Muscles In Face Of Chinese War Games
Taiwanese F-16 fighters roared into the night sky on Wednesday in a show of force in front of the media, demonstrating the military's determination to defend the democratically governed island in the face of days of Chinese war games.
Spiralling Fuel Costs Hit Damascus Drivers
Damascus minibus driver Khaled al-Hassi remembers a time when he could fill his tank with cheap fuel to drive passengers across the Syrian capital and take home enough money for food, drink and a comfortable life.
Hong Kong Exchange Sees Further Headwinds After First-half Profit Drop
The operator of the Hong Kong Stock Exchange (HKEX) flagged continued pressures from global political tensions and other negative factors as it posted a 27% fall in first-half profit on Wednesday.
'I Am Here To Kill The Queen,' Windsor Castle Intruder Told Police
A man arrested at Queen Elizabeth's Windsor Castle home on Christmas Day last year wearing a mask and holding a crossbow told security "I am here to kill the queen", a British court heard on Wednesday.
China Races To Alleviate Drought, Power Cuts Amid Record Heatwave
China is scrambling to alleviate power shortages and bring more water to the drought-hit basin of the Yangtze river as it battles a record-breaking heatwave by deploying relief funds, seeding clouds and developing new sources of supply.
Angolans Abroad To Vote For First Time, But Wonder If It Will Change Anything
Dania Silva is excited to be one of the thousands of Angolans abroad to be voting remotely for the first time in their country's election next week, though she wonders whether her vote will change anything.
Lula Eyes 'Green' Farm Loans To Tackle Amazon Deforestation
Advisors to leftist Brazilian presidential hopeful Luiz Inacio Lula da Silva are proposing subsidized "green" farm loans to spur planting of soybeans and corn on open pasture and reduce deforestation of the Amazon rainforest.
In New Mexico, Muslims Reject Sectarian Label Put On Killings
National Muslim groups have linked the killings of four Muslim men in New Mexico to sectarianism, but Muslims who knew the victims and suspected gunman point to revenge and personal feuds as possible motives.
Exclusive-World Bank's IFC Taps Blockchain For Carbon Offsets
International Finance Corp (IFC), a World Bank affiliate, told Reuters on Wednesday it is backing a blockchain-enabled platform to trade carbon offsets, aiming to attract more support from institutional investors for climate-friendly projects in emerging markets.
Global Investor Group To Pressure Corporations On Water Risks
A global group of investors and pension funds have said they will push top corporate water users to address financial risks and protect resources, citing widespread droughts and severe weather.
War Makes Life Even Harder For Ukraine's Visually Impaired
Viktor Solovyanenko has gone out as little as possible since Russia invaded Ukraine because he fears stepping on unexploded munitions or sharp objects.
India Backtracks On Support For Rohingya Refugees, Will Deport Them
India's home ministry said on Wednesday that Rohingya refugees in the capital New Delhi would be held at a detention centre and then deported, contradicting a minister's earlier statement promising flats and security to members of the Muslim minority.
China's Tencent Reports First Revenue Drop As Gaming Regulations And COVID-19 Bite
China's Tencent Holdings suffered its first ever quarterly sales fall on Wednesday, hurt by a government clampdown on game approvals and playing time as well as COVID-19 lockdowns and a weakening economy that squeezed ad sales.
Target Profit Slumps As Discounts Fail To Spur Spending By Inflation-weary Consumers
Target Corp reported a 90% fall in quarterly earnings and missed comparable sales estimates on Wednesday as its inflation-hit customers reined in spending on discretionary goods despite higher discounts.
Analysis-Activist's Call For ESPN Spin-off May Be A Tough Sell At Disney
The first time billionaire investor Daniel Loeb began pushing for change at the Walt Disney Co, he got his wish.