By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed lower on Thursday as data on the labor market and comments from a U.S. Federal Reserve official reinforced expectations the central bank will be aggressive in hiking interest rates outweighed…
Liz Truss to quit as UK prime minister next week
By Elizabeth Piper, Andrew MacAskill and Muvija M LONDON (Reuters) – Liz Truss said on Thursday she was resigning as British prime minister just six weeks after she was appointed, brought down by an economic programme that sent shockwaves through finan…
Explainer-Why drones pose a different challenge for Ukraine than missiles
By Peter Graff LONDON (Reuters) – Since President Vladimir Putin shifted tactics last week to mount air strikes on infrastructure targets across Ukraine, Moscow has ramped up its use of two main weapons: long-range cruise missiles and so-called “suicid…
U.S. charges Russians for shipping military equipment, Venezuelan oil
By Luc Cohen and Daphne Psaledakis NEW YORK/WASHINGTON (Reuters) -U.S. prosecutors on Wednesday charged five Russian nationals for sanctions evasion and other violations related to shipping military technologies bought from U.S. manufacturers to Russia…
Boeing wins support in push to extend MAX certification timetable
By David Shepardson SPARTANBURG, S.C (Reuters) – Boeing Co won support Wednesday from a Republican senator and a major customer in its bid to convince the U.S. Congress to extend the deadline to win certification of two new 737 MAX variants. The U.S. p…
EU leaders to keep studying gas price caps
By Kate Abnett and Sabine Siebold BRUSSELS (Reuters) -European Union leaders ended another debate on the bloc’s response to the energy crunch without agreement on whether to cap gas prices, deciding in the early hours of Friday morning to keep examinin…
Brazil’s Lula vows to Evangelical voters he would respect religious freedom
BRASILIA (Reuters) – Leftist presidential candidate Luiz Inacio Lula da Silva assured Brazil’s Evangelical Christians that he would not restrict religious freedoms if he is elected on Oct. 2, and praised the dedication to their beliefs. In a public let…
Venezuela gives U.S. two months to request ‘Fat Leonard’ extradition
CARACAS (Reuters) – Venezuela’s top court has ruled to give the U.S. government 60 days to request the extradition of fugitive Malaysian businessman Leonard Glenn Francis, also known by his alias “Fat Leonard,” who is implicated in a U.S. Navy bribery …
Judge says Trump knowingly pressed inaccurate voter fraud claims in court
By Jacqueline Thomsen (Reuters) – A California federal judge on Wednesday said then-U.S. President Donald Trump had signed a sworn statement asserting that voter fraud numbers included in a 2020 election lawsuit were accurate, despite being told the nu…
Equities close lower as rise in yields overshadows earnings
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks snapped a two-day streak of gains on Wednesday as weakness in shares of Abbott Laboratories and a rise in Treasury yields sapped momentum from the current earnings season and outweighed a surge in N…