By Kanishka Singh WASHINGTON (Reuters) – Over $200 billion from the U.S. government’s COVID-19 relief programs were potentially stolen, a federal watchdog said on Tuesday, adding that the U.S. Small Business Administration (SBA) had weakened its controls in a rush to disburse the funds. At least 17% of all funds related to the government’s coronavirus…
PANAMA CITY (Reuters) – The Panama Maritime Authority (AMP) said on Tuesday it would continue to clean up its fleet to prevent substandard Panama-flagged ships from being detained in foreign ports, a week after the country was added to an international watch list. Panama’s ships registry was last week added to the “grey list” of…
PANAMA CITY (Reuters) – The Panama Maritime Authority (AMP) said on Tuesday it would continue to clean up its fleet to prevent substandard Panama-flagged ships from being detained in foreign ports, a week after the country was added to an international watch list. Panama’s ships registry was last week added to the “grey list” of…
By Jonathan Stempel NEW YORK (Reuters) -A New York appeals court on Tuesday rejected Donald Trump’s bid to end the state attorney general’s lawsuit accusing him and his family business of “staggering” fraud, but dismissed all claims against his daughter Ivanka Trump and said the remaining case may be limited further. Attorney General Letitia James’…
By James Davey LONDON (Reuters) – One in seven people in the United Kingdom faced hunger last year because they did not have enough money, according to a report published on Wednesday by food bank charity the Trussell Trust. It said this equates to 11.3 million people, more than double the population of Scotland, and…
(Reuters) – Power use in Texas hit a preliminary all-time high on Tuesday as homes and businesses cranked up air conditioners to escape a three-week-old heat wave, according to data from the state’s power grid operator. The high temperature in Houston, the biggest city in Texas, hit a high of 100 degrees Fahrenheit (38 Celsius)…
By Arathy Somasekhar (Reuters) – Oil prices edged higher on Wednesday as markets worried about supply tightness in the U.S., the world’s biggest oil consumer, after data showed a larger-than-expected draw in its crude and gasoline inventories. Brent crude futures rose 32 cents, or 0.4%, to $72.58 a barrel at 0002 GMT, while U.S. West…
By Khushi Mandowara (Reuters) – U.S. health regulators on Tuesday declined to approve a higher-dose version of Regeneron Pharmaceuticals’ drug Eylea for treatment of a disease that is leading cause of blindness among the elderly, the company said as shares fell on the setback to its effort to defend the blockbuster treatment against a fast-gaining…
ISLAMABAD (Reuters) -Pakistan hopes a bailout decision from the International Monetary Fund (IMF) will come in a day or two, its prime minister said on Tuesday, as the global lender said it was holding talks with the aim of “quickly reaching an agreement”. Islamabad has been waiting for a deal after taking policy and fiscal…
By Renju Jose SYDNEY (Reuters) – Australia’s budget surplus for 2022/23 will be bigger than the A$4.2 billion ($2.81 billion) projected in the May budget but high inflation and global challenges will “significantly slow” the domestic economy, Treasurer Jim Chalmers said on Wednesday. Strong jobs growth and bumper mining profits will swell government coffers, similar…
