KIGALI, Rwanda (AP) — U.S. Secretary of State Antony Blinken is in Rwanda, the last stop on his three-nation tour of Africa where he has articulated Washington’s new strategy for engaging with sub-Saharan African nations as “equal partners.” Blinken comes to Rwanda at a particularly difficult time for Africa’s Great Lakes region, with the small…
The prisoners at the penal colony in St. Petersburg were expecting a visit by officials, thinking it would be some sort of inspection. Instead, men in uniform arrived and offered them amnesty — if they agreed to fight alongside the Russian army in Ukraine. Over the following days, about a dozen or so left the…
BANGKOK (AP) — Shares were mixed Friday in Asia after a muddled day on Wall Street, where benchmarks meandered following another encouraging report about inflation. Tokyo’s Nikkei 225 surged 2.5%, catching up on gains after being closed Thursday for a holiday. Hong Kong and Seoul also advanced, while Shanghai and Sydney declined. U.S. futures edged…
SHANGHAI (Reuters) -China’s auto sales surged 29.7% in July from a year earlier to 2.42 million units, extending a recovery that began in June with the help of eased COVID curbs and government incentives. But sales for the first seven months were still 2% lower than the corresponding 2021 period, data from the China Association…
By John Revill ZURICH (Reuters) – Siemens reported better-than-expected revenues for its third quarter on Thursday as a writedown at Siemens Energy pushed the engineering and technology group into the red for the first time in nearly 12 years. The maker of industrial software and trains reported revenues rising 11% to 17.87 billion euros ($18.38…
NEW DELHI (AP) — As India’s economy grew, the hum of factories turned the sleepy, dusty village of Manesar into a booming industrial hub, cranking out everything from cars and sinks to smartphones and tablets. But jobs have run scarce over the years, prompting more and more workers to line up along the road for…
DALLAS (AP) — Travelers got some welcome news in Wednesday’s inflation report from the government: Airfares are coming down, and at a faster clip. The price of the average airline ticket dropped 7.8% in July, to $311, after a 1.8% dip in June, the government said Wednesday. Lower prices for gasoline and travel were big…
SAO PAULO (Reuters) -Brazilian state-controlled lender Banco do Brasil SA on Wednesday increased its 2022 results forecasts after delivering better-than-expected second quarter earnings, boosted by higher net interest income and cost control measures. The company said in a securities filing it now expects full-year adjusted net profit to reach between 27 billion reais and 30…
By Jody Godoy WASHINGTON (Reuters) – Two former JPMorgan Chase & Co employees were found guilty on some charges in a landmark trial over futures market manipulation on Wednesday, while a third former trader was acquitted entirely, a spokesperson for the Department of Justice said. The bank’s former global precious metals desk head Michael Nowak,…
NEW DELHI (AP) — Last month, a cybersecurity startup told a major Indian online insurance brokerage it had found critical vulnerabilities in the company’s internet-facing network that could expose sensitive personal and financial data from at least 11 million customers to malicious hackers. The startup followed the standard ethical-hacker playbook, giving Policybazaar, the insurance aggregator,…
