Five Chinese state-owned companies under US scrutiny will pull out of the New York Stock Exchange

SHANGHAI/HONG KONG/NEW YORK, Aug 12 (Reuters) – Five U.S.-listed Chinese state-owned companies whose audits are being scrutinized by the U.S. securities regulator said on Friday they would voluntarily withdraw from the New York stock exchange. The oil giant Sinopec (600028.SS) and China Life Insurance (601628.SS)Aluminum Corporation of China (Chalco) (601600.SS)PetroChina (601857.SS) and a separate entity … Read more

US gasoline prices fall below $4 for the first time since March

Gasoline demand has fallen this summer Low-income households spend less as prices fall US retail price hit record high in June Aug 11 (Reuters) – The average U.S. retail gasoline price fell below $4 a gallon on Thursday for the first time in months, providing relief to drivers of the world’s biggest consumer of fuel … Read more

Shock, shame among some Muslims as Afghan charged with New Mexico killings

Attendees of an interfaith memorial ceremony enter the Islamic Center of New Mexico mosque to commemorate four slain Muslim men, hours after police said they arrested a prime suspect in the murders, in Albuquerque, New Mexico, States United, August 9, 2022. REUTERS / Andrew Hay Join now for FREE unlimited access to Reuters.com Register ALBUQUERQUE, … Read more

Trump refuses to answer questions from New York attorney general’s inquiry

Trump denies wrongdoing, again says he faces ‘witch hunt’ New York Attorney General’s Office Says Investigation Continues The deposition came two days after the FBI raided Trump’s home NEW YORK, Aug 10 (Reuters) – Former U.S. President Donald Trump said on Wednesday he declined to answer questions during an appearance before the New York State … Read more

Exclusive: US rethinks Chinese tariff measures following Taiwan response – sources

WASHINGTON, Aug 10 (Reuters) – China’s war games around Taiwan have led Biden administration officials to recalibrate their thinking on whether to scrap some tariffs or potentially impose others on Beijing , putting those options aside for now, according to sources familiar with the deliberations. President Joe Biden’s team has been struggling for months with … Read more

China’s factory inflation hits 17-month low, consumer prices accelerate

A worker walks past rolls of steel at the Chongqing Iron and Steel Factory in Changshou, Chongqing, China August 6, 2018. REUTERS/Damir Sagolj/File Photo Join now for FREE unlimited access to Reuters.com Register July producer inflation at lowest since February 2021 July consumer inflation at a 2-year high PBOC should remain dovish to boost growth … Read more

Japanese PM shakes up cabinet as anger grows over Unification Church ties

Voters’ support plummets over party’s ties to church Upheaval comes sooner than analysts expected The Church defends its right to participate in politics Kishida has only chosen ministers who will ‘review’ ties with the group TOKYO, Aug 10 (Reuters) – Japanese Prime Minister Fumio Kishida shuffled his cabinet on Wednesday as he battled growing public … Read more

Afghan Muslim arrested for killings that rocked New Mexico’s Islamic community

ALBUQUERQUE, NM, Aug 9 (Reuters) – A Muslim immigrant from Afghanistan has been arrested as a prime suspect in the serial killings of four Muslim men that have rocked the Islamic community in New Mexico’s largest city, a police announced on Tuesday. After days of tightening security around Albuquerque-area mosques, seeking to allay fears of … Read more

EU proposes ‘final’ text to resuscitate Iran nuclear deal

A general view shows the Palais Coburg where closed-door nuclear talks are taking place with Iran in Vienna, Austria, August 4, 2022. REUTERS/Lisa Leutner Join now for FREE unlimited access to Reuters.com Register DUBAI/WASHINGTON, Aug 8 (Reuters) – The European Union said on Monday it had tabled “final” text to revive the 2015 Iran nuclear … Read more

Full of money, Pfizer buys Global Blood Therapeutics for $5.4 billion

Aug 8 (Reuters) – Pfizer Inc on Monday agreed to pay $5.4 billion in cash to sickle cell drugmaker Global Blood Therapeutics (GBT.O)as it seeks to capitalize on an increase in revenue from its COVID-19 vaccine and treatment. Pfizer will pay $68.50 per GBT share, representing a 7.3% premium to its Friday closing price and … Read more