The Texas network operator warns of possible power outages in the scorching heat

Power lines are seen during a heat wave with expected temperatures of 102 F (39 C) in Dallas, Texas, U.S., June 12, 2022. REUTERS/Shelby Tauber/File Photo Sign up now for FREE unlimited access to to register HOUSTON, July 10 (Reuters) – The Texas power grid operator on Sunday urged residents in the state to … Read more

Stocks slide ahead of US inflation data, earnings hurdles

People pass an electronic screen showing Japan’s Nikkei stock price index at a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Sign up now for FREE unlimited access to to register European stocks down 1.3%, S&P 500 futures down 0.8% Dollar tops 137 yen ahead of US CPI, inflation expectations The banks … Read more

Macau Shuts Down All Its Casinos To Curb COVID, Gaming Stocks Plunge

Residents wearing face masks queue to get tested for coronavirus disease (COVID-19) in Macau, China, July 4, 2022. REUTERS/John Mak Sign up now for FREE unlimited access to to register More than 30 zones locked down across the city Four rounds of mass COVID testing are planned this week Casinos in Macau have been … Read more

Candidates jostle to replace British Prime Minister Johnson in a full race

Nine candidates have launched campaigns to become the next prime minister The new leader should be in office by September 5, the party leader says Tax plans determine the early phase of the leadership debate LONDON, July 10 (Reuters) – The competition to succeed Britain’s Prime Minister Boris Johnson gathered momentum on Sunday as five … Read more

Rogers network outage hits millions of Canadians and sparks outrage

Rogers dominates Canada’s telecoms sector Banking services down, transportation disrupted The outage renewed criticism of competition in the telecoms sector TORONTO/OTTAWA, July 8 (Reuters) – A major network outage at one of Canada’s largest telecoms operators cut off access to banks, transportation and government services for millions all day Friday, sparking outrage from customers and … Read more

The US labor market is continuing with strong employment growth despite fears of a recession

Non-farm payrolls increase by 372,000 in June Private sector employment back above pre-pandemic levels Unemployment rate remains stable at 3.6% The average hourly wage increases by 0.3%; 5.1% more than in the previous year WASHINGTON, July 8 (Reuters) – US employers hired far more workers than expected in June and continued to steadily hike wages, … Read more

EXCLUSIVE The UAE wants to operate Kabul Airport in deal with Taliban, sources say

Members of the Taliban stand on the runway at Kabul International Airport in Kabul, Afghanistan September 9, 2021. WANA (West Asia News Agency) via REUTERS ATTENTION EDITORS – THIS PICTURE WAS PROVIDED BY A THIRD PARTY/File Photo Sign up now for FREE unlimited access to to register The UAE will beat rivals Qatar-Turkey’s joint … Read more

Spirit postpones Frontier deal vote to continue talks with Frontier and JetBlue

July 7 (Reuters) – Spirit Airlines Inc (SAVE.N) said it has postponed a shareholder vote scheduled for Friday on its $2.4 billion sale to Frontier Group Holdings Inc (ULCC.O). its board can continue discussions with Frontier and JetBlue Airways. Reuters initially reported the planned delay. In recent months, JetBlue and Frontier, led by influential airline … Read more

US is tightening sanctions on Iran, targeting Chinese and Emirati firms over oil

WASHINGTON, July 6 (Reuters) – The United States on Wednesday imposed sanctions on a network of Chinese, Emirati and other companies it has accused of helping to ship and sell Iranian petroleum and petrochemical products to East Asia, and put pressure on Tehran as it attempts to revive the 2015 Iran nuclear deal. The US … Read more

Exclusive: Pope gives women say on bishop appointments

The current committee to assist the Pope in choosing bishops is all male New rules even allow lay Catholics to hold most offices in the Vatican Pope has already appointed some women to high-ranking positions VATICAN CITY, July 6 (Reuters) – Pope Francis said he wants to give women more top positions in the Holy … Read more