WASHINGTON (Reuters) – A Chinese warship came within 150 yards (137 meters) of a U.S. destroyer in the Taiwan Strait in “an unsafe manner,” U.S. military officials said, as China blamed the United States for “deliberately provoking risk” in the region. U.S. and Canadian navies on Saturday were conducting a joint exercise in the strait,…
By Tim Hepher, Aditi Shah and Joanna Plucinska ISTANBUL (Reuters) – Airbus is closing towards a potentially record deal to sell 500 narrow-body A320-family jets to India’s largest carrier IndiGo, industry sources said on Sunday. The European planemaker has emerged as front-runner for an order eclipsing Air India’s historic provisional purchase of 470 jets in…
By Xinghui Kok, Raju Gopalakrishnan and Greg Torode SINGAPORE (Reuters) – Senior officials from about two dozen of the world’s major intelligence agencies held a secret meeting on the fringes of the Shangri-La Dialogue security meeting in Singapore this weekend, five people told Reuters. Such meetings are organised by the Singapore government and have been…
TAIPEI (Reuters) – China’s military rebuked the United States and Canada for “deliberately provoking risk” after the countries’ navies staged a rare joint sailing through the sensitive Taiwan Strait. The U.S. Navy’s 7th Fleet said the guided-missile destroyer USS Chung-Hoon and Canada’s HMCS Montreal conducted a “routine” transit of the strait on Saturday “through waters…
By Allison Lampert and Ismail Shakil MONTREAL (Reuters) – Some 10,000 residents in coastal Quebec were forced to evacuate homes on Friday as wildfires engulf more Canadian provinces, in what is emerging as one of the worst starts to the forest fire season. The mayor of Sept-Iles, a coastal Quebec city, declared a local state…
VIENNA (Reuters) – OPEC has denied media access to reporters from Reuters, Bloomberg and the Wall Street Journal to report on oil policy meetings in Vienna this weekend, reporters, Bloomberg and people familiar with the matter said on Friday. The three media organizations are among the world’s leading suppliers of financial news and information. They…
(Updates prices, adds analyst quote in paragraph 6, adds paragraph 12 on Fitch keeping U.S. credit rating on negative watch) By Hannah Lang WASHINGTON (Reuters) – The U.S. dollar rose on Friday after May’s non-farm payrolls report showed employment numbers surged, while traders weighed the merits of the U.S. Federal Reserve possibly skipping a rate…
(Reuters) – Canada’s second-biggest oil producer Suncor Energy has told employees it plans to cut 1,500 jobs this year, two sources confirmed to Reuters on Friday, in one of the first big moves by its new CEO. In a staff memo announcing the layoffs, Suncor also told employees it was seeking C$400 million ($297.64 million)…
NEW YORK (Reuters) – Exchange operator Cboe Global Markets said on Friday it will let companies list across its U.S. and international exchanges, expanding in a fiercely competitive field dominated in the United States by the New York Stock Exchange and Nasdaq Inc. Cboe, which has stock exchanges in North America, Europe, and the Asia-Pacific…
By David Shepardson WASHINGTON (Reuters) -The U.S. auto safety regulator routinely fails to meet its internal timelines for completing auto safety defect investigations, a government report released on Thursday found, hindering its ability to quickly respond to severe safety risks. The Transportation Department’s Office of Inspector General said that 26 of 27 National Highway Traffic…
