By Doug Barrett and Brendan O’Brien LIBERTY, Missouri (Reuters) – An 84-year-old white man charged in the shooting and wounding of a Black teenager who mistakenly walked up to the man’s house in Kansas City pleaded not guilty to felony charges on Wednesday during his first court appearance in the case. Andrew Lester would face…
SHANGHAI/SINGAPORE (Reuters) -China kept its benchmark lending rates unchanged for the eighth straight month on Thursday in line with expectations, as the economic recovery reduced the need for any immediate monetary support. The world’s second-largest economy grew at a faster-than-expected pace in the first quarter, as the end of strict COVID curbs lifted businesses and…
By Farouq Suleiman and Tommy Wilkes LONDON (Reuters) – British businesses are struggling to meet their sustainability goals due to rising energy prices, costs associated with international trade barriers and the impacts of the COVID-19 pandemic, a survey showed on Thursday. Almost three quarters of the more than 500 business leaders questioned said their…
By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM/CAIRO (Reuters) -A new attempt at a ceasefire in fierce fighting between Sudanese troops and paramilitary forces in Khartoum failed on Wednesday, leaving people fearful about dwindling food supplies and a breakdown in medical services. The 24-hour ceasefire – lobbied for by countries trying to evacuate their citizens after…
By Jack Queen (Reuters) – Fox News on Tuesday disposed of one legal threat with its $787.5 million defamation settlement with Dominion Voting Systems, but the network still faces a $2.7 billion lawsuit from another voting technology company, Smartmatic USA, over its coverage of debunked election-rigging claims. Dominion accused Fox and its parent company Fox…
NEW DELHI (Reuters) – South Asia is home to highest number of child brides in the world as increased financial pressures and school closures due to COVID-19 forced families to marry off their young daughters, according to new estimates released by UNICEF on Wednesday. There were 290 million child brides in the region, accounting for…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said Wednesday that inflation is still at problematic levels and the U.S. central bank will act to lower it, in comments that noted recent stress in the banking sector will likely weigh on economic activity. “Inflation is still…
By Michelle Nichols UNITED NATIONS (Reuters) -U.N. Secretary-General Antonio Guterres will convene envoys on Afghanistan from various countries next month to work on a unified approach to dealing with the Taliban authorities, the United Nations said on Wednesday. The closed-door meeting in Doha on May 1-2 was announced after U.N. Deputy Secretary-General Amina Mohammed suggested…
By Richard Cowan and Andy Sullivan WASHINGTON (Reuters) -Republican U.S. House Speaker Kevin McCarthy on Wednesday unveiled a plan to raise the nation’s debt ceiling by $1.5 trillion and cut federal spending by three times that amount, laying out an opening position in what is likely to be a tense partisan debate over government borrowing….
By Lewis Krauskopf, Sruthi Shankar and Ankika Biswas (Reuters) – The S&P 500 ended virtually unchanged on Wednesday while the Dow dipped as investors digested a mixed bag of corporate earnings, including upbeat reports from medical technology companies, countered by weakness in Netflix shares. The Dow was weighed down by declines in Walt Disney Co…
