By Kanishka Singh and Humeyra Pamuk WASHINGTON (Reuters) – The arrest of Imran Khan is Pakistan’s “internal matter”, a U.S. State Department spokesman said on Monday, declining to take a position on the legal troubles of the former prime minister and frequent U.S. critic. Police arrested Khan in Lahore on Saturday after a court sentenced…
By Safiyah Riddle (Reuters) – The share of U.S. consumers who believe it is a bad time to buy a home reached the highest level in at least 13 years in July, according to a survey released on Monday, as the supply of available properties remains scarce and home prices appear to have stopped cooling….
By Rich McKay and Josephine Walker ATLANTA (Reuters) – Law-enforcement officers surrounded the Fulton County courthouse on Monday in downtown Atlanta, Georgia, amid closed roads and traffic barriers put up to boost security ahead of a possible indictment of former U.S. President Donald Trump. Fulton County District Attorney Fani Willis is wrapping up a probe…
By David Shepardson and Diane Bartz WASHINGTON (Reuters) -Amazon.com is set to meet next week with the U.S. Federal Trade Commission (FTC) ahead of a potential long-awaited antitrust lawsuit against the retailer, according to a source familiar with the matter. The FTC began probing Amazon during former President Donald Trump’s administration when the government decided…
MEXICO CITY (Reuters) – Rising consumer prices in Mexico likely slowed in July, which would mark the sixth straight monthly inflation rate drop, a Reuters poll showed on Monday, reinforcing bets that the central bank’s key borrowing rate will likely remain at its record high. The median forecast of 11 analysts surveyed was for annual…
By Claudia Martini and Miguel Lo Bianco BUENOS AIRES (Reuters) – Argentines, who have seen jobs and wages hit by economic malaise and rampant inflation, lined up at churches on Monday to ask St. Cayetano, the patron saint of bread and labor, for employment, with some critical of politicians for not doing enough to help….
By Tom Polansek CHICAGO (Reuters) -Tyson Foods is shutting four more chicken plants – in Arkansas, Indiana and Missouri – to cut costs, a blow to small communities in the U.S. heartland that depend on the meatpacker for nearly 3,000 jobs. The company, which reaped big profits as meat prices soared during the COVID-19 pandemic,…
By Makiko Yamazaki and Anton Bridge TOKYO (Reuters) -Japan’s Toshiba said on Monday a $14 billion tender offer to take the industrial conglomerate private will be launched on Tuesday – an effort that will, if successful, buy out activist investors and return it to domestic hands. Toshiba’s board initially said private equity firm Japan Industrial…
(Reuters) – Elon Musk’s brain chip startup Neuralink has raised $280 million in a funding round led by Peter Thiel’s Founders Fund, months after securing approval for its first in-human clinical trial. The company did not reveal the valuation at which the funds were raised. In June, Reuters reported that the company was valued at…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – An options strategy that bets on stocks logging larger-than-expected moves on corporate results has been a surprising winner this earnings season, data from options analytics service ORATS showed. Buying options straddles on U.S. companies reporting results over the last three weeks – a strategy that combines a…
