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…
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…
(Reuters) – An elongated trough of low pressure located near the central tropical Atlantic has a 30% chance of developing into a cyclone in the next 48 hours, the U.S. National Hurricane Center (NHC) said on Wednesday. “Environmental conditions appear conducive for gradual development of this system, and a tropical depression could form during the…
By Noel Randewich (Reuters) – The U.S. economy is likely growing at a 5.8% annualized rate in the third quarter, the Atlanta Federal Reserve’s GDPNow forecast model showed on Wednesday following the release of data on housing starts and industrial production. This was faster than the 5.0% pace estimated by the Atlanta Fed’s GDPNow model…
By Camillus Eboh ABUJA (Reuters) – Nigeria’s suspended central bank governor Godwin Emefiele will appear in a high court in Abuja on Thursday, when he is expected to enter a plea in a 20-count indictment, a government lawyer said on Wednesday. Government lawyers, on Tuesday, said they had filed additional graft charges against the governor,…
By Michael Martina and Jason Lange WASHINGTON (Reuters) – Bipartisan majorities of Americans favor more tariffs on Chinese goods and believe that the United States needs to step up preparations for military threats from the country, according to a new Reuters/Ipsos survey. The two-day poll, which concluded on Tuesday, revealed deep worries among Americans about…
WASHINGTON (Reuters) – U.S. lawmakers from both political parties have urged President Joe Biden and members of his administration to resolve a months-long delay in the transfer of a cargo of oil from a seized Iranian tanker off Texas. The Suez Rajan has been stuck near Galveston about 50 miles (80 km) from Houston since…
WASHINGTON (Reuters) – U.S. Senate Majority Leader Chuck Schumer on Wednesday said he met with House Speaker Kevin McCarthy a few weeks ago and agreed to a resolution that could extend current federal government spending for a few months. “We agreed we should do a CR … where you just extend the existing funding for…
PRAGUE (Reuters) – The Czech government approved on Wednesday a bill allowing the taxation of large multinational companies which tend to book their profits in countries with a lower tax burden. The bill affects firms whose annual revenues exceeded 750 million euros ($817.05 million) in at least two of the past four years. The aim…
By Josh Smith and Soo-hyang Choi SEOUL (Reuters) – North Korea’s claim on Wednesday that U.S. soldier Travis King fled racism and abuse in America comes as Pyongyang pushes back on Washington’s criticism of the North’s human rights record. North Korea broke nearly a month of silence on King, who is Black, issuing a state…
