Oil bounces as China, US information ease recession worries

FILE PHOTO – An oil field worker works at a pump jack at PetroChina’s Daqing oil field in northeast China’s Heilongjiang province November 5, 2007. REUTERS/Stringer (CHINA) Sign up now for FREE unlimited access to Reuters.com Program SINGAPORE, Aug 8 (Reuters) – Oil prices rebounded from multi-month lows on Monday as investor appetite improved after … Read more

China’s exports achieve steam however the outlook is cloudy as world progress cools

China’s July exports grow at faster pace, beat forecast Imports have again disappointed, underscoring weak domestic demand The trade balance was at a record high in July Weak foreign demand puts stress on trade and the economic outlook BEIJING, Aug 7 (Reuters) – China’s export growth unexpectedly picked up in July, giving an encouraging boost … Read more

Senate Democrats battle to cross a $430 billion local weather, drug invoice

WASHINGTON, Aug 6 (Reuters) – The U.S. Senate on Saturday began debating a Democratic bill to address key elements of President Joe Biden’s agenda – tackling climate change, lowering the cost of medicine for the elderly and energy, and forcing corporations and the wealthy to tackle climate change. pay more taxes. The debate began after … Read more

The Washington DC lightning strike that killed three folks presents a local weather warning

Aug 5 (Reuters) – Climate change is increasing the likelihood of lightning strikes across the United States, scientists say, after lightning struck a square near the White House, leaving three dead and one injured. critical condition. The hot, humid conditions in Washington, DC, on Thursday were primed for electricity. Air temperatures topped 94 degrees Fahrenheit … Read more

A jury within the Alex Jones defamation case begins listening to proof on punitive damages

Aug 5 (Reuters) – Lawyers for the parents of a child killed in the 2012 Sandy Hook mass shooting have begun presenting evidence of Alex Jones’ wealth as they seek punitive damages in addition to the $4.1 million awarded by a Texas jury over the suspect’s false claims the US conspiracy. the massacre was a … Read more

Amazon’s related machine cart grows with a $1.7 billion deal for Roomba maker

August 5 (Reuters) – Amazon.com Inc (AMZN.O) will acquire robot vacuum cleaner maker iRobot Corp (IRBT.O) in an all-cash deal for about $1.7 billion, in the latest push by the world’s largest online retailer to expand its lineup of smart home devices. Amazon will pay $61 per share, valuing the Roomba-maker at a 22% premium … Read more

Senior US Senator Sinema agrees to $430 billion drug, vitality invoice

WASHINGTON, Aug 4 (Reuters) – Democratic U.S. Senator Kyrsten Sinema said on Thursday she had agreed to “move forward” on a $430 billion drug pricing, energy and tax bill, subject to approval by a Senate arbitrator for the bill, which is intended to the Democrats passed it. over Republican objections. Senate Majority Leader Chuck Schumer … Read more

4 Kentucky officers have been charged with killing Breonna Taylor

WASHINGTON, Aug 4 (Reuters) – U.S. prosecutors on Thursday charged four current and former Louisville, Kentucky, police officers for their roles in the botched 2020 raid that killed Breonna Taylor, a Black woman at her home, in a case that prompted . protests across the country. The charges were the latest effort by the Justice … Read more

Tesla shareholders usually observe the board’s suggestions at an annual assembly

August 4 (Reuters) – Tesla Inc (TSLA.O) Shareholders voted on the board’s recommendations on most issues at the company’s annual meeting on Thursday, including re-electing directors, approving a stock split, while rejecting proposals focused on the environment and governance. The votes on three of the 13 proposals did not follow the board’s recommendations, according to … Read more

The US declares a smallpox outbreak a public well being emergency

Aug 4 (Reuters) – The United States has declared monkeypox a public health emergency, the health secretary said on Thursday, a move expected to free up additional funding and tools to fight the disease. The US count reached 6,600 on Wednesday, almost all cases among men who have sex with men. “We are ready to … Read more