Reuters Financial News
06.08 / 18:03
COST
UPS
Reuters
Southern
country
two dead
Two dead, 30 missing and 57 rescued after migrant shipwrecks off Italy's Lampedusa
The body of a women and a child were recovered by Italian coastguard after two migrant shipwrecks off the southern Italian island of Lampedusa. Around 57 people were rescued, and more than 30 are believed to be missing at sea as of Sunday following two migrant shipwrecks off the southern Italian island of Lampedusa, the coastguard said Sunday.
06.08 / 17:13
06.08 / 15:29
Reuters
Action
country
Philippines accuses China of illegal actions in South China Sea, water-cannoning their supplies
China maintained that it took the necessary action to deter Philippine ships which were trespassing and carrying illegal building materials, news agency Reuters reported on Sunday. The report mentions that the incident took place close to the Second Thomas Shoal, which is referred to as Ayungin Shoal by Manila. The area is a submerged reef where a small number of its troops reside on an old US ship from World War Two that was deliberately grounded in 1999.
06.08 / 14:25
06.08 / 01:09
UPS
Citi
Reuters
Remark
film
voice
‘Drums of nuclear war are beating once again’: Japan marks Hiroshima day, advocates for nuclear disarmament
G7 summit in the city, his hometown. During the summit, G7 leaders expressed their commitment to achieving disarmament but also maintained that nuclear weapons should serve as a deterrent against aggression and war as long as they exist. On the commemorative day, a peace bell rang at 8:15 a.m., the exact time the bomb was dropped, as around 50,000 participants gathered for an outdoor memorial ceremony, including aging survivors of the atomic attack.
05.08 / 17:39
COST
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Provident
Reuters
show
Trans
expansion
Canada govt body guarantees up to $2.2 billion fresh loan to Trans Mountain expansion project
(Reuters) — A Canadian government agency has guaranteed fresh commercial loans of up to C$3 billion ($2.2 billion) to the controversial Trans Mountain pipeline expansion project that has suffered repeated cost overruns.
05.08 / 14:01
05.08 / 14:01
05.08 / 14:01
05.08 / 08:21
Twitter
Reuters
Prison
Pakistan's former PM Imran Khan sentenced to three years in prison; found guilty in Toshkhana case
Imran Khan to three years in prison for illegally selling state gifts. Pakistan police have arrested Khan from Lahore, said his lawyer.
05.08 / 06:21
UPS
Reuters
Cooper
Ball
All Blacks defeat Wallabies 23-20
Richie Mo’unga booted a penalty in the last minute to lift the All Blacks to a 23-20 comeback win over Australia in Dunedin on Saturday as the New Zealanders continued their perfect start to the season in the lead-up to the World Cup.
05.08 / 04:25
UPS
Lowe's
Reuters
track
country
index
India export ban: World rice price index jumps to near 12-year high in July: FAO
Food Price Index tracks monthly changes in the international prices of globally-traded food commodities. Speaking of FAO's All Rice Price Index, it averaged 129.7 points in July against 126.2 points for the previous month, it said as reported by Reuters.
05.08 / 03:57
Reuters
Disney
Entertainment
film
Actor
bass
Hollywood writers' strike nears 100-day mark: WGA, studios meet; Los Angeles Mayor calls for ‘immediate resolution’
entertainment industry. Los Angeles Mayor Karen Bass expressed encouragement over the reopening of communication, as the ongoing strikes by writers and actors have had a negative impact on the economy. “It is critical that this gets resolved immediately so that Los Angeles gets back on track," she said in a statement, reported Reuters.
05.08 / 03:57
Waves
Reuters
Waters
Action
Matthews
country
Four Nigerians drank urine, seawater to survive on ship's rudder for 14 days | Watch
Also read: Traces of explosives found on foreign grain ship, says Russia The four men exhausted their food supplies on the 10th day of the voyage and resorted to drinking seawater and their urine to survive, all while securing themselves with a makeshift net to avoid falling into the deep waters below, where they spotted large marine creatures like whales and sharks. After enduring their ordeal, Brazilian Federal Police finally rescued the desperate group at the port of Vitória in southeastern Brazil. Two of the stowaways chose to return to Nigeria upon their request, while Yeye and another stowaway, Roman Ebimene Friday, 35, applied for asylum in Brazil, seeking compassion from the Brazilian government, as reported by Reuters.
05.08 / 03:45
Target
Reuters
CEO
Software
UBS
Inside
UBS nears major investment bank restructuring -sources
UBS Group AG is poised to make sweeping changes to the senior ranks of its investment banking division globally as soon as Monday, marking a new milestone in the process of integrating Credit Suisse, people familiar with the matter said. The changes are aimed at producing unified teams following the completion of UBS's emergency takeover in June of Credit Suisse. The changes are broad and involve several dealmaking groups, including healthcare, consumer/retail, financial sponsors and equity capital markets, the sources said.
05.08 / 03:19
UPS
Reuters
UBS
UBS set to shake up investment banking management: Reuters
UBS is set to make management changes to its investment banking division as soon as Monday, with several senior bankers in talks to leave, Reuters reported, citing people familiar with the matter.
05.08 / 02:43
Reuters
UBS
UBS-Credit Suisse merger: UBS Group AG to make major investment bank restructuring, report
In a bid to produce a unified teams post Credit Suisse takeover, UBS Group AG is poised to make significant changes to the senior ranks of its investment banking division globally as soon as Monday, reported Reuters. The process will mark a new milestone in the process of Credit Suisse-UBS integration, reported the news agency citing people familiar with the matter.
04.08 / 16:03
04.08 / 16:03
Provident
Reuters
Manufacturing
Landmark
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show
country
Lobby
US should extend EV tax benefits to Vietnam, says business lobby
By Simon Lewis and David Brunnstrom
04.08 / 16:03
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