By Patricia Zengerle and David Shepardson WASHINGTON (Reuters) -Voting in the Senate on a bill to boost the U.S. semiconductor industry and improve competitiveness with China could begin as early as Tuesday, Senate Majority Leader Chuck Schumer has bee…
Russian basketball boss defends Brittney Griner in drugs trial
KHIMKI, Russia (Reuters) – A Russian basketball club director gave evidence in support of U.S. Women’s National Basketball Association (WNBA) star Brittney Griner on Thursday in her third appearance in a Russian court on drugs charges carrying a possib…
JPMorgan suspends buybacks, warns on global economy as profit slumps
By Noor Zainab Hussain and David Henry (Reuters) -JPMorgan Chase & Co’s Jamie Dimon struck a cautious note on the global economy as America’s largest bank reported a worse-than-expected 28% fall in quarterly profit and suspended share buybacks in the f…
Facebook testing ways to allow five profiles tied to one account
(Reuters) – Meta Platform said on Thursday its social network Facebook is testing ways to let users have up to five profiles, which will be tied to one account. (Reporting by Chavi Mehta in Bengaluru and Katie Paul; Editing by Shailesh Kuber)
SEC steps up scrutiny over Musk comments on $44 billion Twitter deal
By Hyunjoo Jin (Reuters) -The U.S. securities regulator quizzed Elon Musk last month over a tweet in which the world’s richest person raised doubts over whether he would move ahead with his $44 billion acquisition of Twitter Inc due to concerns over th…
Suella Braverman will back Liz Truss in UK PM race – The Times
(Reuters) – British lawmaker Suella Braverman will back Foreign Secretary Liz Truss in the race to replace Boris Johnson, according to a tweet by The Times political editor. (Reporting by Maria Ponnezhath in Bengaluru; editing by Jonathan Oatis)
Oil up 2.5% as no immediate Saudi output boost expected
By Laila Kearney NEW YORK (Reuters) -Oil was up 2.5% on Friday after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has the room to significantly ramp up crude production. …
As Europe bakes in heatwave, wildfires rage from Portugal to Croatia
By Catarina Demony and Antonio Bronic LEIRIA, Portugal/RASLINA, Croatia (Reuters) -Wildfires raged across tinder-dry country in Portugal, Spain, France and Croatia on Thursday, burning homes and threatening livelihoods, as much of Europe baked in a hea…
Hiroshima bombing flight book, Mozart manuscript offered at varied auction
By Sarah Mills LONDON (Reuters) – A handwritten Mozart manuscript, a flight book from the bombing of Hiroshima and a fragment from a Gutenberg Bible, as well as a cassock worn by Pope Francis, are among a range of items up for grabs in an online sale b…
Italian president asks Draghi to rethink resignation
By Giuseppe Fonte and Angelo Amante ROME (Reuters) – The Italian head of state on Thursday rejected the resignation of Prime Minister Mario Draghi and asked him to address parliament to get a clear picture of the political situation, a statement from P…