By Daniel Trotta (Reuters) – Search and rescue teams working throughout the night rescued an eighth victim from an apartment building that collapsed in Davenport, Iowa, officials said on Monday. The city’s mayor and fire chief told reporters they believe the incident will end without any fatalities. A center section of the six-story building with…
By Kanishka Singh and Andy Sullivan WASHINGTON (Reuters) – Republicans in the House of Representatives on Monday laid plans to advance a debt-ceiling deal with Democratic President Joe Biden starting Tuesday, with the aim of passing it through Congress before the U.S. government runs out of money early next week. The House Rules Committee said…
By Canan Sevgili and Libby George LONDON/GDANSK (Reuters) -Turkey’s lira hit fresh record lows against the dollar on Monday, though stocks rallied, after President Tayyip Erdogan secured victory in Sunday’s presidential election, extending his increasingly authoritarian rule into a third decade. Erdogan prevailed despite years of economic turmoil that critics blame on his unorthodox economic…
By Belén Carreño, Inti Landauro and David Latona MADRID (Reuters) – Spanish Prime Minister Pedro Sanchez called a snap election on Monday, in an apparent attempt to wrong-foot his conservative opponents and give his flagging Socialist party the best chance of retaining power before its support weakens further. Sanchez, who has repeatedly said he…
By Valentyn Ogirenko and Gleb Garanich KYIV (Reuters) – Russia put five aircraft out of action in an attack on a military target in western Ukraine and caused a fire at the Black Sea port of Odesa in heavy air strikes early on Monday, Ukrainian officials said. Kyiv came under intense attack for the second…
(Reuters) – HSBC is set to announce next month that the UK arm of Silicon Valley Bank will be renamed HSBC Innovation Banking, Sky News reported on Monday. The British government and the Bank of England facilitated a private sale of SVB UK to HSBC in March, in a move which would protect deposits without…
By Krishn Kaushik NEW DELHI (Reuters) -India has filed a graft case against Britain’s BAE Systems plc and Rolls-Royce Holdings for “criminal conspiracy” in the procurement and licensed manufacturing of 123 advanced jet trainers, a federal police document showed. The case is based on the findings of an investigation launched by India’s Central Bureau of…
By Krishn Kaushik NEW DELHI (Reuters) -India has filed a graft case against Britain’s BAE Systems plc and Rolls-Royce Holdings for “criminal conspiracy” in the procurement and licensed manufacturing of 123 advanced jet trainers, a federal police document showed. The case is based on the findings of an investigation launched by India’s Central Bureau of…
By Sruthi Shankar and Ankika Biswas (Reuters) – European shares edged lower in light trade on Monday, on losses in technology and bank stocks, while investors assessed the tentative deal reached by U.S. lawmakers to raise the nation’s debt ceiling and avert a default. The pan-European STOXX 600 index closed 0.1% lower, after logging its…
MEXICO CITY (Reuters) – Mexico will in 15 days launch a public tender for the construction of 10 industrial parks at a planned business corridor on an isthmus in the south of the country, President Andres Manuel Lopez Obrador said on Monday. Auto makers, tech companies and semiconductor producers could be among investors in the…
