TSX Jumps On U.S. Inflation Data Relief
Canada's main stock index rose on Wednesday, with technology stocks leading gains, after data showed a slower-than-expected rise in U.S. inflation last month.
Former Pakistan PM Khan's Aide, TV Channel Face Sedition Charges
A close aide to Pakistan's former Prime Minister Imran Khan and a local media house will face sedition charges, accused of inciting mutiny in the powerful military, the country's interior minister said on Wednesday.
A Year After Biden's Afghanistan Exit, Accountability In Short Supply
As weary U.S. military planners wrapped up the evacuation and pullout from Afghanistan one year ago, officials across the government steeled themselves for intense public scrutiny into how America's longest war ended in shambles with the Taliban retaking power.
The High Price Of A Sri Lankan Family's Bid To Flee Crisis
As anarchy gripped the Sri Lankan city of Colombo in May, Meenu Mekala and Nirosh Ravindra gambled their family's life savings on a two-week, 4,700-km voyage aboard a rusting trawler with their two young sons.
Wall Street Watchdog Unveils Rule To Improve Quality Of Private, Hedge Fund Disclosures
The U.S. Securities and Exchange Commission (SEC) will vote to propose a rule that seeks to elevate the quality of disclosures it receives from large private and hedge funds, the agency said on Wednesday, confirming what a source previously told Reuters.
Fed Now Seen Delivering 50 Bp Hike In Sept After Inflation Eases
The Federal Reserve is seen slowing interest rate hikes next month and ultimately raising borrowing costs less aggressively this year and next after data released Wednesday showed U.S.
Wall St Set For Gains After Soft Inflation Data Eases Rate-hike Bets
Wall Street was set to open sharply higher on Wednesday after data showing a slower-than-expected rise in inflation last month prompted traders to cut their bets on a third straight 75-basis-point interest rate hike in September.
Samsung Unveils New Foldable Smartphones, Seeking Keep Lead In Growing Market
Samsung Electronics unveiled its latest high-end foldable smartphones on Wednesday, keeping prices at the same level as last year's in a bid to cement its leadership in an expanding niche market.
Grand Jury Declines To Indict Emmett Till's Accuser - New York Times
A grand jury in Mississippi has declined to indict a white woman whose discredited accusations against Emmett Till in 1955 led to the lynching of the Black teenager, a brutal death that helped ignite the civil rights movement, the New York Times reported.
Website Creator Wix.com To Cut Costs Amid Slower Global Growth
Wix.com, which helps small businesses build and operate websites, said on Wednesday it aims to cut costs by $150 million a year to compensate for a global economic slowdown and a stronger dollar, which has weighed on revenue.
Bangladesh Garment Export Growth Seen Slowing To 'Normal' 15% This Year
Growth in Bangladesh's garment exports could drop to about 15% this year after an unusually strong expansion of more than 30% in 2021, two industry leaders told Reuters on Wednesday, as U.S.
Russian Oil Pipeline Flows Set To Resume After Hungary Settles Transit Bill
Russian oil flows halted to parts of Europe should resume after Hungarian group MOL paid transit fees owed to Ukraine, officials and a minister said, providing a temporary solution to the latest disruption of Russian energy supplies.
Low Rhine Water Levels Another Drain On Germany's Economy
Already bracing for recession and winter energy shortages, German businesses are grappling with the lack of another precious commodity: rain.
Foxconn Starts To Feel Sting Of Slowing Smartphone Sales
Apple iPhone assembler Foxconn gave a cautious outlook for the current quarter after posting results that exceeded expectations, citing slowing smartphone demand after a pandemic-fuelled boom.
Exclusive: Volkswagen's New CEO Plans To Shrink Management Board - Sources
Volkswagen's incoming CEO Oliver Blume plans to shrink the size of the German carmaker's management board, two people familiar with the matter said, aiming to sharpen its focus after a turbulent few years under his predecessor.
Deliveroo Loses Appetite To Compete In The Netherlands
Britain's Deliveroo said it would quit the Netherlands after failing to gain a strong position in the home market of rival Just Eat Takeaway, as it reported a larger loss in "challenging market conditions" in the first half.
China's Factory Inflation Hits 17-month Low, Consumer Prices Speed Up
China's factory-gate inflation eased in July to a 17-month low, defying global cost pressures as slower domestic construction weighed on raw material demand, although consumer price increases hit a two-year high as pork supplies tightened.
Analysis: With Reshuffled Cabinet, PM Kishida Gets To Work In Choosing Next BOJ Head
With a cabinet reshuffle out of the way, Prime Minister Fumio Kishida's search for the next Bank of Japan (BOJ) governor will intensify in coming months with a small but possible chance of a dark horse getting the job.
Analysis-Florida Governor's Bid For Conservative Pension Bloc Faces Hurdles
Florida's governor wants pension plans in conservative U.S.
Ukraine Accuses Russia Of Using Power Plant As 'Nuclear Shield' After Rocket Attack It Says Killed 13
Ukraine on Wednesday accused Russia of exploiting its position in a nuclear power plant it had seized to target a nearby town in a rocket attack that killed at least 13 people and left many others seriously wounded.
Analysi: U.S. Renewables Investors See Senate Bill Sparking Gold Rush
For the first time, investors seeking to pour cash into U.S.
E.ON More Than Halves Value Of Nord Stream 1 Stake As Uncertainty Grows
E.ON, Europe's largest operator of energy networks, cut the value of its stake in the Nord Stream 1 gas pipeline by around 700 million euros ($715 million) on Wednesday, citing "heightened uncertainty" over the impact of the war in Ukraine.
Like A Scene From 'Parasite': Floods Lay Bare Social Disparity In South Korea
Using a plastic bowl, Ha In-sik bailed water out of his lower ground apartment in the low-income housing district of Sillim in southwestern Seoul on Wednesday, where flooding caused by torrential rain forced his family to sleep at a nearby park.
Sri Lanka's Ousted President Seeking Entry To Thailand After Weeks In Singapore
Former Sri Lankan president Gotabaya Rajapaksa has requested entry into Thailand for a temporary stay in a second Southeast Asian country after fleeing his island nation last month amid mass protests, the Thai foreign ministry said on Wednesday.
Exclusive-Google Fiber Plans 5-state Growth Spurt, Biggest Since 2015
Google Fiber plans to bring its high-speed internet service to multiple cities in Arizona, Colorado, Idaho, Nebraska and Nevada over the next several years in its first big expansion since it spun out as an independent Alphabet Inc unit in 2015.
Raymond Briggs, Creator Of Beloved Children's Tale 'The Snowman', Dies Aged 88
Raymond Briggs, creator of the bittersweet children's book "The Snowman", has died aged 88, his family announced on Wednesday.
'Hitting Rock Bottom' - Drought, Heat Drain Spanish Reservoirs
A flock of sheep shelter from the midday sun under the gothic arches of a medieval bridge flooded in 1956 to create the Cijara reservoir in central Spain, but now fully exposed as the reservoir is 84% empty after a severe drought.
U.S. Works With Firms In Supply Chains To Ease Port Congestion
The U.S. Transportation Department (USDOT) said on Wednesday a supply chain pilot data-sharing project aimed at easing bottlenecks at congested U.S.
Students Cheer As Online Translation Tools Add More African Languages
Ugandan IT student Andrew Njuki spent years hunched over English-language textbooks, often grappling with material that would have been easier to grasp in his mother tongue Luganda.
Beluga Whale That Strayed Into River Seine Dies During Rescue
An ailing beluga whale that strayed into the River Seine died on Wednesday during an attempt to return it to the sea off northern France, authorities said.