By Victoria Waldersee BERLIN (Reuters) – Volkswagen shares hovered around breakeven on Monday, reflecting a mixed response from investors to the automaker’s listing plans for sports car brand Porsche AG in what could be Europe’s third biggest initial p…
U.S. home builder sentiment falls for ninth straight month in September
By Lucia Mutikani WASHINGTON (Reuters) -Confidence among U.S. single-family homebuilders fell for the ninth straight month in September as soaring mortgage rates and persistently high prices for building materials made new housing less affordable for m…
Ukraine strengthens hold on liberated lands, separatist calls for urgent referendum
By Tom Balmforth IZIUM (Reuters) -Ukraine extended its hold on recently recaptured territory on Monday as troops marched farther east into areas abandoned by Russia, paving the way for a potential assault on occupation forces in the Donbas region. In a…
Maryland judge vacates murder conviction of ‘Serial’ podcast subject Syed
(Reuters) – A Maryland judge on Monday vacated the murder conviction of Adnan Syed, whose case gained national attention when the podcast “Serial” raised doubts about his guilt, after prosecutors said there were two other possible suspects who were nev…
Strong earthquake hits southeastern Taiwan, 146 injured
By Ben Blanchard and Yimou Lee TAIPEI (Reuters) -A 6.8 magnitude earthquake hit the sparsely populated southeastern part of Taiwan on Sunday, the island’s weather bureau said, derailing train carriages, causing a convenience store to collapse and trapp…
With pomp and sorrow, world bids final farewell to Queen Elizabeth
By Michael Holden, Kate Holton and Alistair Smout WINDSOR, England (Reuters) -Queen Elizabeth was laid to rest alongside her beloved husband on Monday after a day which saw Britain and the world pay a final farewell to the nation’s longest-reigning mon…
Treasury yields jump before Fed meeting, dollar gains
By Herbert Lash NEW YORK (Reuters) -The benchmark 10-year Treasury yield hit its highest in over a decade on Monday and the dollar strengthened as investors were on edge before an expected hefty Fed interest rate hike this week to tackle inflation. The…
Biden says U.S. forces would defend Taiwan in the event of a Chinese invasion
By David Brunnstrom and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden said U.S forces would defend Taiwan in the event of a Chinese invasion, his most explicit statement on the issue, drawing an angry response from China that said it …
Britain and the world prepare to say last farewell to Queen Elizabeth
By Michael Holden and Kate Holton LONDON (Reuters) – Britain, world leaders and royalty from across the globe will on Monday bid a final farewell to Queen Elizabeth, the last towering figure of her era, at a state funeral of inimitable pageantry. At 6….
Volkswagen targets 75 billion euro valuation in landmark Porsche IPO
By Jan Schwartz and Victoria Waldersee HAMBURG/BERLIN (Reuters) -Volkswagen is targeting a valuation of up to 75 billion euros ($75.1 billion) for luxury sportscar maker Porsche, it said on Sunday, in what will be Germany’s second-largest initial publi…