WASHINGTON (Reuters) – U.S. passenger railroad Amtrak suspended service between Washington and Richmond, Virginia after a train derailed while traveling near Washington Union Station. Northeast Regional Train 86 was traveling at a low speed in the tunnel south of the station and remained upright after derailing. No passengers were reported injured and one employee was…
By Shreyashi Sanyal (Reuters) -European shares ended higher on Tuesday amid investor hopes the U.S. Federal Reserve was nearing the end of its interest rate hiking cycle and as China extended some policy measures to support its battered real estate sector. The pan-European STOXX 600 ended 0.7% higher, rising for the third straight session. Irish…
(Reuters) -Former President Donald Trump and his aide Walt Nauta have asked a federal court in Florida to postpone their criminal trial in a classified documents case, saying Trump’s busy presidential campaign schedule ahead of the 2024 election will make the current trial schedule “untenable.” “President Trump is running for President of the United States…
LIMASSOL, Cyprus (Reuters) – Asian casino operator Melco Resorts & Entertainment has launched an entertainment and gaming complex in Cyprus, marking its first foray into Europe as it seeks to tap new markets. The “City of Dreams Mediterranean” had total investment of more than 600 million euros ($659.46 million) making it one of the largest…
By Abhirup Roy SAN FRANCISCO (Reuters) – Tritium DCFC said on Tuesday it had won an order from Hawaii to make high-speed electric vehicle chargers – the first funds to roll out in a federal program meant to blanket the country with charging infrastructure and boost EV adoption. The U.S. government plans to dole out…
By Hannah Lang (Reuters) – May the best exchange win? Crypto platforms are vying for dominance in the United States, the world’s biggest market, following a regulatory crackdown that’s shaken the sector. Coinbase and Binance.US, two of the largest crypto exchanges by market share among those operating in America, have lost ground this year. The…
By Nupur Anand, Niket Nishant and Saeed Azhar NEW YORK (Reuters) -Wall Street banks are expected to report higher profits for the second quarter as rising interest payments offset a downturn in dealmaking. For universal banks such as JPMorgan and Wells Fargo <WFC.N> that serve retail consumers as well as corporations, earnings per share (EPS)…
(Reuters) – Digital World Acquisition has named Eric Swider as CEO, handing the interim boss reins of the blank-check company that is looking to complete its planned merger with former U.S. President Donald Trump’s media and tech company. The move comes nearly four months after the special-purpose acquisition company (SPAC) ousted CEO Patrick Orlando, saying…
LONDON (Reuters) – The dollar’s grip as the dominant global currency is loosening, credit rating agency S&P Global’s top economist said on Tuesday. Aggressive U.S. sanctions such as last year’s freezing of hundreds of billions of dollar’s worth of Russia’s reserves has seen a flurry of countries start to do some trade in currencies other…
By Jorge Otaola BUENOS AIRES (Reuters) -An Argentine team is traveling on Tuesday to the United States to meet with officials from the International Monetary Fund (IMF) to negotiate terms to relax the agreement between the two, a source at Argentina’s economy ministry said. Argentina, Latin America’s third-largest economy, is looking for fresh cash injections…
