LONDON (Reuters) – More companies in England and Wales entered insolvency during March than at any point since monthly records started three years ago, according to official data on Tuesday that showed a 16% increase on a year ago. The Insolvency Service Agency reported 2,457 corporate insolvencies last month, up from 1,784 in February. The…
By Jasper Ward (Reuters) -Prosecutors charged an 84-year-old white Kansas City man with two felonies on Monday in the shooting of a Black teenager who was wounded after walking up to the wrong house when going to pick up his younger twin brothers. Andrew Lester was charged with first-degree assault, which could bring a sentence…
(Reuters) – A Moscow court was due to hear an appeal by U.S. reporter Evan Gershkovich on Tuesday against his arrest and detention on espionage charges. WHO IS GERSHKOVICH? Hired by the Wall Street Journal shortly before Moscow’s invasion of Ukraine last year, Gershkovich had been reporting on Russia for more than five years at…
By David Lawder WASHINGTON (Reuters) – The U.S. Internal Revenue Service declared on Tuesday that it is completing its first “normal” tax filing season since the COVID-19 pandemic struck in 2020, with a backlog of millions of unprocessed returns from previous years fully cleared. New IRS Commissioner Danny Werfel told reporters that the initial spending…
KARUIZAWA, Japan (Reuters) – The United States is able to move forward with its relationship with China following President Joe Biden’s meeting with leader Xi Jinping last year, but that requires Beijing to make clear its own intentions, Washington’s top diplomat said on Tuesday. U.S. Secretary of State Antony Blinken made the comment at a…
By Humeyra Pamuk and Sakura Murakami KARUIZAWA, Japan (Reuters) -The Group of Seven industrial powers drew together on Tuesday to criticise China’s coercion of Taiwan and Russia’s threat to station nuclear weapons in Belarus, promising to intensify sanctions on Moscow for its war on neighbouring Ukraine. “The strength of the solidarity between the G7 foreign…
(Reuters) – Adani Group’s debt pile rose almost 21% over the past year and the proportion held by global banks rose to nearly a third, Bloomberg News reported on Tuesday. Around 29% of the Indian conglomerate’s borrowings were with global international banks at the end of March, the report added, citing people familiar with the…
By Humeyra Pamuk KARUIZAWA, Japan (Reuters) -A U.S. diplomatic convoy came under fire on Monday in Sudan in an apparent attack by fighters associated with Sudan’s paramilitary Rapid Support Forces (RSF), U.S. Secretary of State Antony Blinken said on Tuesday, in an incident he described as “reckless” and “irresponsible”. The incident prompted a direct warning…
By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) -Sudan’s battling factions both claimed to have made gains on Monday as violence cut power and water in the capital, and the U.N. envoy to Sudan said the two sides showed no signs of being willing to negotiate. Fighting between the army and the paramilitary Rapid Support…
By Joey Roulette WASHINGTON (Reuters) – Demand for sending satellites into space remains strong, but U.S. rocket startups are taking drastic measures to survive a tight funding environment where fears have been exacerbated by the bankruptcy of Virgin Orbit. The industry faces an interesting dichotomy. Demand has surged from launching a few satellites on small…
