US slaps sanctions on entities over alleged arms deals between North Korea, Russia

WASHINGTON (Reuters) -The United States on Wednesday imposed sanctions on three entities it accused of being tied to arms deals between North Korea and Russia as Washington cracked down on those seeking to support Russia’s war in Ukraine. The U.S. Treasury Department in a statement said that Russia has increasingly been forced to turn to…

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Canada’s Northwest Territories declares emergency due to wildfires

By Nia Williams and Ismail Shakil OTTAWA (Reuters) -The government of Canada’s Northwest Territories declared a state of emergency on Tuesday due to wildfires that have largely destroyed one remote community and are also posing a risk to territorial capital Yellowknife. The declaration gives authorities additional powers to respond to an emergency, and underscores the…

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H&R Block shares hit six-month high after profit tops expectations

By Chibuike Oguh NEW YORK (Reuters) – Shares of H&R Block Inc rose nearly 12% to a six-month high on Wednesday after the U.S. tax preparation firm reported better-than-expected fourth-quarter results owing to lower operating expenses. H&R Block’s revenue from virtual and in-person tax preparation services were little changed at $1.03 billion in the fourth…

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