Burning Cash, Commercial EV Startups Race To Deliver Vehicles
A handful of commercial electric vehicle (EV) startups are burning through cash fast, racing to bring vans or trucks to market before the funds run out or customers choose to buy from legacy automakers like Ford Motor Co or General Motors Co .
Exclusive-Bank Of England Would Sell Gilts Even If It Cuts Rates In Future, Ramsden Says
The Bank of England would press on with plans to gradually sell its vast stock of British government bonds even if an economic slowdown eventually forces it to cut interest rates, Deputy Governor Dave Ramsden said.
Dufry's Turnover More Than Doubles As Sales Inch Towards 2019 Levels
Swiss duty-free retailer Dufry said on Tuesday it saw strong sales momentum continue in July despite the soaring inflation, after its turnover more than doubled in the first six months of the year.
Japan PM Says New Cabinet Members Must 'Review' Ties With Unification Church
Japanese Prime Minister Fumio Kishida will reshuffle his cabinet on Wednesday paying attention to politicians' ties with the Unification Church, seeking to distance his administration from the controversial group and reverse a slump in opinion polls.
Away From Gaza, Islamic Jihad Digs In Against Israel On West Bank
For the masked gunmen in Jenin refugee camp, Israel's unannounced strike against Islamic Jihad in Gaza on Friday can have come as little surprise after months of clashes that have steadily lifted the profile of the Iran-backed militant group.
Cryptoverse: Blockchain Bridges Fall Into Troubled Waters
Another day, another hack - and another blockchain bridge burned.
Solomon Islands Government Seeks To Delay Election To Host Games
A bill to delay elections in the Solomon Islands has been submitted to its parliament, officials said, prompting concern from opposition politicians.
Best Hacks For The Travel Apocalypse
Planning to squeeze some travel out of the rest of summer? Good luck - you will need it.
In Australia, Tributes Pour Out For Pop Star Newton-John
Australians expressed shock and sadness on Tuesday as they woke up to the news that 1970s and '80s pop icon Olivia Newton-John, star of the hit movie musical "Grease", had died at age 73 at her home in Southern California.
Group Of 23 States Tells U.S. Court CDC Lacks Authority To Set Transit Mask Rules
A group of 23 state attorneys general led by Florida told a federal court on Monday that the U.S.
Hollywood Actress Anne Heche In Coma Since Fiery Car Crash- Spokesperson
Hollywood actress Anne Heche remained hospitalized in critical condition, comatose and connected to a breathing machine on Monday, four days after suffering severe injuries in a fiery Los Angeles car crash, a spokesperson for the performer said.
U.S. Doubling Down On Investment In The Pacific - Senior Diplomat
The world's future will be written in the Pacific, U.S.
Bahamas Migrant Arrests Soar In 2022 Amid Spike In Sea Voyages
The Bahamas has apprehended more migrants so far this year than in the previous three calendar years combined, according to figures released to Reuters, amid a steady rise in sea-bound vessels seeking to reach the United States.
Record Rain Leaves At Least 7 Dead In S.Korean Capital
At least seven people died in the South Korean capital of Seoul and metropolitan area overnight, authorities said on Tuesday, after torrential rain knocked out power and left roads and subways submerged.
Alex Jones Likely To Win Large Cut In Sandy Hook Punitive Damages Award - Attorneys
U.S. conspiracy theorist Alex Jones could end up owing as little as 10% of the $45.2 million in punitive damages that a Texas jury awarded to the parents of a Sandy Hook victim last week, legal experts told Reuters on Monday.
Philippine GDP Grows Less Than Expected In Q2
The Philippine economy expanded less than expected in the second quarter, but at pace still in line with the official 2022 growth target, giving the central bank leeway to further tighten monetary policy to curb red-hot inflation.
Pakistani Militant With $3 Million US Bounty Killed In Afghanistan - Sources
A senior Pakistani militant with $3 million U.S. bounty on his head has been killed along with three aides in neighbouring Afghanistan, three militant commanders and an intelligence official said on Monday.
U.S. Gets Seizure Warrant For $90 Million Plane Owned By Russian Oligarch
A judge has authorized U.S. prosecutors to seize a $90 million Airbus plane owned by sanctioned Russian oligarch Andrei Skoch, federal prosecutors in Manhattan said on Monday.
Devastating Fire May Force Cuba To Resort To Floating Oil Storage
An inferno at Cuba's largest oil storage facility has killed at least one firefighter, injured many more, and threatens to further swell the fuel import bill for the impoverished island nation that relies on foreign oil for everything from transportation to its power grid.
Ukraine Says Its Troops Advance Towards Izium As Fighting Rages In Donbas
Ukraine reported intense Russian shelling across the frontlines on Tuesday as both sides traded blame for the weekend strike on the Zaporizhzhia nuclear complex which triggered international concern about a potential atomic disaster.
No Change In U.S. Assessment On China Timeline For Taiwan, Official Says
Washington has not changed its assessment on China's timeline for potentially taking Taiwan militarily, a senior Pentagon official said on Monday, sticking by previous statements that Beijing would not try to take it in the next two years.
Explainer-Trump Says FBI Is Raiding His Florida Estate. What Legal Woes Does He Face?
Former U.S. President Donald Trump said on Monday that FBI agents raided his Mar-a-Lago estate in Palm Beach, Florida.
Australia Business Activity Booms In July, Costs Surge
A measure of Australian business confidence rebounded in July as sales and profits held up surprisingly well in the face of rising interest rates and high inflation, though firms also reported record costs amid supply constraints.
Asia Stocks Wobble As Focus Turns To U.S. Inflation Data, Fed Outlook
Asian shares were down on Tuesday as financial markets fretted about persistent global cost pressures, with investors turning their focus this week to U.S.
After New Mexico Killings, Muslims Are On Edge
Albuquerque business owner Mula Akbar now carries a pistol most of the time after three Muslim men he knew were ambushed and killed in New Mexico's largest city in the last 10 days.
A Year After Taliban's Return, Some Women Fight For Lost Freedoms
Monesa Mubarez is not going to give up the rights she and other Afghan women won during 20 years of Western-backed rule easily.
USW President Lauds Bill's Focus On Building North American Production
United Steelworkers union (USW) International President Thomas Conway said on Monday the U.S.
Australian Consumer Sentiment Slides As Rates Rise
A measure of Australian consumer sentiment fell for a ninth straight month in August to depths last seen early in the pandemic as another hike in interest rates combined with the surging cost of living to sour the national mood.
Berkshire Hathaway Boosts Occidental Petroleum Stake Above 20%
Warren Buffett's Berkshire Hathaway Inc bought more shares of Occidental Petroleum Corp, surpassing the 20% stake where it could record some of the oil company's earnings with its own and potentially add billions of dollars of profit.
New Colombia Gov't Offers 'Huge Opportunity' To Tackle Deforestation-U.S. Official
Planned policy shifts under Colombia's new leftist President Gustavo Petro represent a "huge opportunity" in the fight against deforestation and climate change, United States official Samantha Power said on Monday.