By Aishwarya Venugopal and Uday Sampath Kumar (Reuters) – Target Corp on Tuesday cut its quarterly profit margin forecast issued just weeks earlier, and said it would have to offer deeper discounts to clear inventory as decades-high inflation takes a t…
U.S. senators unveil bill to regulate cryptocurrency
By Pete Schroeder WASHINGTON (Reuters) – A bipartisan pair of U.S. senators unveiled a bill on Tuesday that would establish new rules for cryptocurrency, and hand the bulk of their oversight to the Commodity Futures Trading Commission (CFTC). The bill,…
Shell lures Texans with green power from new U.S. retail business
LONDON (Reuters) – Shell launched a new green power business for homes across Texas on Tuesday, aiming to lure customers with plans including free charging for electric vehicles during off-peak hours and credit for excess solar power homeowners export …
North Korea could conduct nuclear test ‘any time’ -U.S. envoy
By David Brunnstrom and Simon Lewis WASHINGTON (Reuters) -North Korea could conduct a seventh nuclear test at “any time” and has shown no interest in returning to negotiations, the U.S. Special Representative for North Korea said on Tuesday. North Kore…
PayPal allows transfer of crypto to external wallets
(Reuters) -PayPal Holdings Inc said on Tuesday it will now allow users to transfer cryptocurrencies including bitcoin to external wallets, nearly two years after the fintech giant opened up its platform to digital currencies. The feature will be availa…
Stocks waver on Target profit warning, bond yields slip
By Herbert Lash and Danilo Masoni NEW YORK/MILAN (Reuters) -World shares wavered and bond yields slid on Tuesday after a surprise rate hike in Australia unsettled investors, but Target Corp’s warning on profit margins also included plans to slash price…
Bereaved families face grief, trauma after Nigeria church attack
By Seun Sanni and Temilade Adelaja OWO, Nigeria (Reuters) -Theresa Ogbu took two of her five children to mass on Sunday to celebrate Pentecost, a joyful occasion for a devout Catholic, but the boys came home without a mother. Ogbu, 51, was shot in the …
Harvey Weinstein sues Stellantis unit over 2019 Jeep crash
By Jonathan Stempel NEW YORK (Reuters) -The former Hollywood movie producer Harvey Weinstein, now in prison after being convicted of sex crimes, on Tuesday sued the U.S. business of Fiat Chrysler Automobiles over a 2019 crash in which he flipped a Jeep…
Brazilian police interview two witnesses who saw missing British journalist
By Gabriel Stargardter RIO DE JANEIRO (Reuters) – Brazilian police have interviewed two people among the last to have seen a British journalist and indigenous expert who went missing in a remote and lawless part of the Amazon jungle, the federal police…
Johnson’s weakness pins Britain’s pound near 3-week lows
By Saikat Chatterjee and Joice Alves LONDON (Reuters) -Sterling was volatile on Tuesday after falling to a near three-week low against the U.S. dollar on Tuesday, with investors on edge a day after British Prime Minister Boris Johnson survived a confid…