UN chief calls for international access to Ukrainian nuclear power plant after new attack

Kyiv and Moscow blame the Zaporizhzhia plant UN’s Guterres: Any attack on nuclear power plant is ‘suicidal’ Two Ukrainian grain ships leave ports, 12 since last week Aug 8 (Reuters) – UN Secretary-General Antonio Guterres demanded on Monday that international inspectors be given access to the Zaporizhzhia nuclear power plant after Ukraine and Russia swapped … Read more

US Senate approves bill to fight climate change and cut drug costs in favor of Biden

WASHINGTON, Aug 7 (Reuters) – The U.S. Senate on Sunday passed a sweeping $430 billion bill to tackle climate change, cut drug prices and raise some corporate taxes, a major victory for President Joe Biden whom Democrats hope to bolster their chances of retaining. control of Congress in this year’s elections. After a marathon 27-hour … Read more

Chinese exports pick up, but outlook darkens as global growth slows

China’s July exports rise at a faster pace than expected Imports disappoint again, highlighting weak domestic demand The trade balance hit a record high in July Weak foreign demand adds stress to trade and economic outlook BEIJING, Aug 7 (Reuters) – China’s export growth unexpectedly accelerated in July, providing an encouraging boost to the economy … Read more

US Senate Democrats advance $430 billion on climate and drugs

WASHINGTON, Aug 6 (Reuters) – U.S. Senate Democrats pushed ahead on Saturday on a bill addressing key items on President Joe Biden’s agenda – tackling climate change, cutting the cost of energy and medicine for the elderly and forcing certain corporations and wealthy Americans to pay more taxes. In a key first test of Democrats’ … Read more

Berkshire Hathaway posts $43.8 billion loss as stock holdings tumble

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor during Berkshire Hathaway Inc’s annual shareholders meeting in Omaha, Nebraska, U.S., on 4 May 2019. REUTERS/Scott Morgan//File Photo Join now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – Falling U.S. stock prices punished … Read more

US labor market defies recession fears as job growth surges in July

Non-farm payrolls increase by 528,000 in July Unemployment rate falls to 3.5% from 3.6% in June The average hourly wage increases by 0.5%; up 5.2% year-on-year The activity rate falls to 62.1% against 62.2% in June WASHINGTON, Aug 5 (Reuters) – U.S. job growth unexpectedly accelerated in July, lifting the level of employment above its … Read more

Ukraine wants safe passage agreement for shipments to extend beyond grain

Three grain ships leave Ukrainian ports First ship to arrive in Ukraine since the start of the war Fighting in the East is ‘hell’, says Zelenskiy NATO chief warns Putin must not be allowed to win ISTANBUL/Kyiv, Aug 5 (Reuters) – Three grain ships left Ukrainian ports on Friday under a safe passage agreement as … Read more

Oil prices fall to lowest since before Ukraine invasion as fears of recession weigh

FILE PHOTO – A PetroChina worker inspects a pump cylinder at an oilfield in Tacheng, Xinjiang Uyghur Autonomous Region, China June 27, 2018. REUTERS/Stringer AT Join now for FREE unlimited access to Reuters.com Register BoE raises rates and warns of recession risks Saudi Arabia and the United Arab Emirates save their oil firepower in the … Read more

Oil drops to near 6-month lows after surprise U.S. crude oil and gasoline builds

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant Join now for FREE unlimited access to Reuters.com Register U.S. crude and gasoline inventories rise unexpectedly – EIA OPEC+ decides on a small increase of 100,000 bpd in production … Read more

Ukrainian grain ship heads for safe waters, but the economy is still in the doldrums

Ukrainian grain vessel inspected in Turkey Ship, bound for Lebanon, transits through the Bosphorus The expedition is the first of its kind to leave wartime Ukraine But the Ukrainian leader says much more is needed Kyiv must urgently ship 10 million tons to reduce its deficit KYIV/ISTANBUL, Aug 3 (Reuters) – Ukrainian President Volodymr Zelenskiy … Read more