By Shariq Khan BENGALURU (Reuters) -Oil prices fell about 2% in a volatile trade on Wednesday, on track to end a three-day rally, as economic data suggested that the U.S. Federal Reserve might hike interest rates further in its bid to combat inflation. Brent crude dropped $1.48, or 1.9%, to $75.96 a barrel by 1:28…
By Andrew Goudsward (Reuters) – A federal judge on Wednesday urged the U.S. Securities and Exchange Commission to resolve its dispute with law firm Covington & Burling over the agency’s demand for the names of 300 clients affected by a cyberattack on the firm. But both sides indicated during the hearing in Washington, D.C., that…
MOMBASA, Kenya (Reuters) -A Kenyan court on Wednesday denied bail for cult leader Paul Mackenzie, who authorities say ordered followers to starve their children and themselves to death, and extended his detention by 30 days. The death toll climbed to 145 from 133 announced on Tuesday, and hundreds of people are still missing. Authorities are…
PARIS (Reuters) – France’s anti-terrorism prosecution office on Wednesday announced it had opened an investigation for possible war crimes and crimes against humanity after an AFP video journalist was killed on Tuesday by Grad rocket fire near Chasiv Yar, in eastern Ukraine. (Reporting by Tassilo Hummel; Editing by Chris Reese)
By Gibran Naiyyar Peshimam, Asif Shahzad and Ariba Shahid ISLAMABAD (Reuters) -Pakistan’s government called in the army on Wednesday to help end deadly unrest in the wake of the arrest of former prime minister Imran Khan, warning protesters against any further attacks on state installations. At least five people have died in violence that has…
KYIV (Reuters) -A Ukrainian military unit said on Wednesday it had routed a Russian infantry brigade from frontline territory near Bakhmut, claiming to confirm an account by the head of Russia’s Wagner private army that the Russian forces had fled. Later in the day, Colonel General Oleksandr Syrskyi, who heads Ukraine’s ground forces, said Russian…
By Helen Coster (Reuters) – When deliberating whether to settle its defamation lawsuit against Fox for $787.5 million in April, the CEO of Dominion Voting Systems and his partner saw the figure as “a very big price to put on truth and journalism and probably not a bad precedent,” Dominion head John Poulos said Wednesday….
(Reuters) – First Citizen BancShares Inc on Wednesday reported a gain of $9.82 billion in the first quarter from its acquisition of failed lender Silicon Valley Bank in March. The windfall helped drive a surge in its profit to $9.50 billion, or $653.64 per share, for the three months ended March 31 from $264 million,…
By Timothy Gardner WASHINGTON (Reuters) – The U.S. nuclear energy regulator on Tuesday issued a license to Holtec International to build and operate a temporary facility to store nuclear waste from power plants, despite a New Mexico state law that could present a hurdle to the project. The Nuclear Regulatory Commission (NRC) said the license…
By Valerie Volcovici WASHINGTON (Reuters) -Democratic U.S. Senator Joe Manchin said on Wednesday he would oppose all nominees for Environmental Protection Agency (EPA) posts until President Joe Biden’s administration halts what he described as its “radical climate agenda.” Manchin, who represents the coal-producing state West Virginia, delivered his ultimatum a day ahead of the EPA’s…
