LONDON (Reuters) – Russia said on Monday that Ukrainian membership of the NATO military alliance would have very negative consequences for Europe’s security architecture and that Moscow would respond firmly to any such step. Kremlin spokesman Dmitry Peskov was speaking on the eve of a NATO summit in Lithuania aimed at showing solidarity with Ukraine…
By Curtis Williams and Nia Williams HOUSTON (Reuters) – A coming wave of North American liquefied natural gas (LNG) export projects faces staffing challenges that are prompting some of the biggest developers to expand training and coordinate projects to keep construction workers. There are eight export projects now under way that when completed would add…
By Michelle Price WASHINGTON (Reuters) – Embattled by a U.S. Securities and Exchange Commission (SEC) crackdown, crypto companies are making a renewed push on Capitol Hill to drum up support for legislation they hope will rein in the agency and provide regulatory clarity for the industry. The Blockchain Association, Chamber of Digital Commerce, Crypto Council…
A look at the day ahead in U.S. and global markets from Mike Dolan Last week’s bond market storm calmed somewhat on Monday, but the interest rate horizon now relies heavily on evidence of more disinflation given economic activity and the labor market are holding up so well. With Wednesday’s U.S. consumer price report expected…
By Hilary Russ NEW YORK (Reuters) – Pro-union baristas at Starbucks are taking their campaign on the road on Monday and trying a new tactic along the way: asking the coffee chain’s customers to organize pickets at non-unionized U.S. cafes. The Workers United union plans to hand out flyers during a 13-city bus tour to…
WASHINGTON (Reuters) – A Tennessee law prohibiting doctors from providing medical care such as puberty-blockers and gender affirming surgery for transgender minors can go into effect immediately, a U.S. appeals court ruled Saturday. The U.S. Court of Appeals for the Sixth Circuit said advocacy groups that had challenged Tennessee’s law could not show they were…
By Katie Paul NEW YORK (Reuters) -Mark Zuckerberg has pitched Meta’s Twitter copycat app, Threads, as a “friendly” refuge for public discourse online, framing it in sharp distinction to the more adversarial Twitter which is owned by billionaire Elon Musk. “We are definitely focusing on kindness and making this a friendly place,” Meta CEO Zuckerberg…
BEIJING/SHANGHAI (Reuters) – China’s passenger vehicle sales fell in June, data from the China Passenger Car Association (CPCA) showed on Monday, as a stumbling economic recovery led to more consumer caution on big-ticket spending. Car sales in June totalled 1.91 million units, down 2.9% from last year, CPCA data showed. It was the first monthly…
By Daniel Trotta (Reuters) – California Governor Gavin Newsom on Friday announced he would give up trying to deny parole to one of Charles Manson’s murderous “family” of followers, clearing the way to let Leslie Van Houten out of prison after more than 50 years. In May a California appeals court overruled Newsom and found…
SHANGHAI (Reuters) – China’s IPO applications slumped by a third in the first half of 2023, as earnings volatility, a slowing economy and tighter regulatory scrutiny deterred potential candidates. Chinese exchanges, which vet initial public offering (IPO) plans, accepted around 330 new applications during the period, down from more than 500 a year earlier, exchange…
