By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Haruhiko Kuroda said recent sharp yen moves were undesirable, echoing comments by the finance minister in a sign policymakers were focusing on the speed of moves in gauging the impact of the currency’s slump on the economy. Kuroda said the yen’s drop would affect households and…
OMAHA, Neb. (AP) — The U.S.’s third largest railroad union rejected a deal with employers Monday, renewing the possibility of a strike that could cripple the economy. B oth sides will return to the bargaining table before that happens. Over half of track maintenance workers represented by the Brotherhood of Maintenance of Way Employes Division…
(Reuters) – U.S. fighter jets intercepted six Russian aircraft operating in international airspace near Alaska, the North American Aerospace Defense Command (NORAD) said on Sunday. The Russian planes included TU-95 bombers, IL-78 tankers and SU-35 fighter jets, NORAD said in a written statement. NORAD described the interception as “routine” and said they happen roughly six…
By Tom Balmforth and Iryna Nazarchuk KYIV/ODESA, Ukraine (Reuters) -Russia fired missiles and drones at targets across Ukraine in the early hours of Saturday, killing three civilians in the Black Sea city of Odesa and striking a military air field in the central Poltava region, Kyiv authorities said. The attacks, in which a 29-year-old was…
By Jessie Pang HONG KONG (Reuters) – Various versions of the pro-democracy protest anthem “Glory to Hong Kong” were unavailable on Apple’s iTunes Store, Spotify, KKBOX, Facebook and Instagram’s Reels on Wednesday after the government sought an injunction banning the song outright. A Reuters search for the song’s Chinese title on Apple’s iTunes Store and…
By Noor Zainab Hussain (Reuters) – State Farm said it would stop selling new insurance policies to homeowners in California, exacerbating troubles for thousands in the wildfire-prone state, who are already feeling the heat with coverage getting costlier or harder to come by. State Farm General Insurance Company – State Farm’s provider of homeowners insurance…
Shares are mixed in Asia in cautious trading after Wall Street rumbled to the edge of a bear market on Friday. Tokyo and Sydney were higher Monday while Hong Kong and Shanghai declined. Investors were awaiting minutes from the latest policy setting meeting of the Federal Reserve and updates on consumer prices, due later this…
As a child, Wendy Schmidt didn’t think about how the ocean intersected with human life. It was a nice place to go swimming, but it was mostly a murky, unknowable realm that didn’t have much to do with her day-to-day life. That outlook changed 15 years ago when she started sailing and learned to scuba…
By Nandita Bose, Jarrett Renshaw and Steve Holland WASHINGTON (Reuters) – U.S. President Joe Biden announced a plan on Wednesday to sell 15 million barrels of crude oil from the nation’s emergency supply and begin refilling the reserve as he tries to dampen high gasoline prices ahead of midterm elections on Nov. 8. The move…
TOKYO/SINGAPORE (Reuters) – Toyota Motor has said it is moving toward production of solid-state batteries for the next generation of electric vehicles (EVs), bringing a technology that promises more energy storage and faster charging closer to market. HOW ARE SOLID-STATE BATTERIES DIFFERENT? Solid-state batteries use thin layers of solid electrolytes that carry lithium ions between…
