Bank of England looks at market turmoil, “will not hesitate” to act

Register now to get free unlimited access to Reuters.com Register The pound briefly touched a record low against the dollar Clots continue to break down The Minister of Finance explains in detail the financial plans on November 23 The Bank of England is closely monitoring developments LONDON (Reuters) – The Bank of England said on … Read more

EXCLUSIVE Grab sees no major layoffs despite weak market

A man walks past an office in Singapore, March 26, 2018. REUTERS/Edgar Su Register now to get free unlimited access to Reuters.com Register SINGAPORE (Reuters) – Grab, Southeast Asia’s largest car-servicing and food-delivery company, does not envision having to mass lay off workers as some competitors have done, and is hiring selectively, while reining in … Read more

Storm Fiona batters Canada’s east coast, forcing evacuations

HALIFAX, Nova Scotia (Reuters) – Powerful storm Fiona swept through eastern Canada on Saturday, bringing hurricane-force winds, forcing evacuations, blowing trees and power lines and leaving hundreds of thousands of homes and businesses without power. The US National Hurricane Center (NHC) said the storm’s center, which has been downgraded to Post-Tropical Hurricane Fiona, is now … Read more

Britain is pushing investors to flee with historic tax and borrowing cuts

Kwarteng cuts top income tax rate in a rush of growth Huge increase in planned British government bond issuance Thrombosis suffers its biggest recession in decades The pound fell 3% to a 37-year low against the dollar LONDON (Reuters) – Britain’s new chancellor Kwasi Quarting unleashed historic tax cuts and massive borrowing increases on Friday … Read more

At the United Nations, Micronesia denounces Japan’s plan to release Fukushima waters into the Pacific Ocean

A worker, wearing protective suits and masks, takes notes in front of radioactive water storage tanks at the Fukushima Daiichi Nuclear Power Plant of Tokyo Electric Power Corporation (TEPCO) in Okuma City, Fukushima Prefecture, Japan, February 10, 2016. REUTERS/Toro Hanai Register now to get free unlimited access to Reuters.com Register UNITED NATIONS (Reuters) – The … Read more

Reserve Bank of India raises interest rates again, a slim majority of economists expect a 50 basis point increase according to a Reuters poll

A picture of the logo of the Reserve Bank of India (RBI) at the gate of its office in New Delhi, India, November 9, 2018. REUTERS/Altaf Hussain/File Photo Register now to get free unlimited access to Reuters.com Register BENGALURU (Reuters) – The Reserve Bank of India is set to raise interest rates again next week, … Read more

Hurricane Fiona was seen surging after hitting the Dominican Republic and Puerto Rico

SAN JUAN, Puerto Rico/SANTO DOMINGO (Reuters) – Hurricane Fiona was moving north on Monday evening after dumping torrential rain and strong winds in the Dominican Republic and causing a complete blackout in neighboring Puerto Rico, where at least two people live. Die. A Category 2 hurricane is likely to become a Category 3 hurricane as … Read more

Zelensky pledged no complacency as Ukraine says troops are crossing the Uskil River in the country’s northeast

Russia steps up strikes on Ukrainian civilian targets Ukraine says its forces have advanced to the east bank of the Oskil River Biden urges Putin not to use tactical nuclear and chemical weapons Kyiv (Reuters) – Ukrainian President Volodymyr Zelensky vowed not to stop fighting to reclaim lands lost to Russia as Kyiv said its … Read more

Modi attacks Putin over Ukraine war

Register now to get free unlimited access to Reuters.com Register Modi says now is not the time for war Xi warns of foreign interference Putin says the world has changed Iran calls on the Shanghai Cooperation Organization to act against the United States SAMARKAND, Uzbekistan (Reuters) – Indian Prime Minister Narendra Modi told Russian President … Read more

Exclusive: Biden hits China with broader restrictions on exports of US chips and gadgets

Register now to get free unlimited access to Reuters.com Register Next month, several people familiar with the matter said, the Biden administration plans to expand restrictions on US shipments to China of semiconductors used in artificial intelligence and chip-making tools. The Commerce Department intends to publish new regulations based on the restrictions sent in letters … Read more