Sunday, 2 Oct 2022

Business

Wall Street ends an ugly quarter with a whimper.

The S&P 500 on course for its third straight weekly fall and its third straight quarterly slump, the kinds of losses investors have not faced since 2009. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. This article is part of […]

China's waiver of African interest-free loans worth 1% or less of its lending to continent-study

FILE PHOTO: China’s President Xi Jinping, Senegal’s President Macky Sall, Congo’s President Felix Antoine Tshisekedi, Egypt’s President Abdel Fattah al-Sisi, South Africa’s President Cyril Ramaphosa, United Nations (UN) Secretary General Antonio Guterres, Chairman of the African Union Commission Moussa Faki Mahamat and Comoros? President Azali Assoumani attend the opening of the forum Forum on China-Africa […]

Tech Companies Slowly Shift Production Away From China

Worried about geopolitical tensions and stung by pandemic shutdowns, Google, Apple and others are moving some work to nearby countries. The Quang Chau Industrial Park, which includes Foxconn factories, in Bac Giang Province, Vietnam. Credit…Linh Pham for The New York Times Supported by Send any friend a story As a subscriber, you have 10 gift […]

Colorado to get $25M federal infusion to clean up orphaned oil, gas sites

Colorado’s initial funding of $25 million in federal money to clean up orphaned oil and gas sites will bulk up a new state fund intended to cover the costs associated with hundreds of wells across the state. The $25 million is part of the federal infrastructure bill and is targeting high-priority oil and gas wells […]

Donald Jonas, Retail Magnate Who Sold Art to Help Nurses, Dies at 92

A founder of the Lechters housewares chain, he and his wife focused their philanthropy on a profession they felt had been largely ignored. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. By Ed Shanahan Donald Jonas, whose success as a […]

Israel to boost Asia flights when Saudi Arabia opens airspace

JERUSALEM (Reuters) -Israeli airlines plan to expand and open new routes to India and other Asian destinations after Saudi Arabia announced it would allow unfettered access to its airspace, a move that would save fuel costs and reduce flight times.FILE PHOTO: The Israeli flag carrier El Al’s airliner carrying Israeli and U.S. delegates approaches to […]

Colorado takes over 106 oil, gas wells from two companies facing violations

State regulators are taking over a combined 106 wells from two oil and gas companies that faced several alleged violations and a total fine of $2.2 million. The Colorado Oil and Gas Conservation Commission voted to suspend the fine. But the commission revoked the ability of the companies, 31 Operating and Lasso Oil and Gas, […]

On Conservative Radio, Misleading Message Is Clear: ‘Democrats Cheat’

Election fraud claims from 2020 are widespread on talk radio, contributing to the belief that the midterm results cannot be trusted. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. By Stuart A. Thompson Stuart Thompson writes about online information flows. […]

Japan govt hopes BOJ takes 'necessary' action on yen, inflation

TOKYO (Reuters) -Japan’s government hopes the central bank will take “necessary measures appropriately” in light of the yen’s recent sharp falls and rising cost of living, Chief Cabinet Secretary Hirokazu Matsuno said on Wednesday.Slideshow ( 2 images )When asked about the yen’s decline to a fresh 24-year low, the top government spokesperson also reiterated Tokyo’s […]

Defying global surge, China's factory inflation hits 14-month low

BEIJING (Reuters) -China’s factory-gate inflation cooled to its slowest pace in 14 months in May, depressed by weak demand for steel, aluminium and other key industrial commodities due to tight COVID-19 curbs and bucking the global trend of rapidly accelerating prices.FILE PHOTO: People walk along Nanjing Pedestrian Road, a main shopping area, in Shanghai, China […]