By Brendan O’Brien (Reuters) – A murder suspect who escaped from an Alabama jail with the help of a female corrections officer was heavily armed and prepared for a shootout as authorities moved in to apprehend the couple in Indiana, a local sheriff sai…
Analysis-Marcos as Philippine president a boon for China, awkward for U.S
By Tom Allard JAKARTA (Reuters) – The decisive victory of Ferdinand Marcos Jr. in the Philippines’ presidential election on Monday is set to re-shape the Southeast Asian country’s relations with China and the United States as he seeks closer ties with …
Wall Street dips while treasury yields, oil prices drop
By SinĂ©ad Carew NEW YORK (Reuters) – Wall Street stocks turned lower in a volatile session and oil prices fell on Tuesday with risk appetite appearing to falter as investors turned to safe havens such as Treasuries amid fears about inflation and slowin…
Crypto assets shed $800 billion in market value in a month
By Medha Singh (Reuters) – Crypto assets bled nearly $800 billion in market value over the past month, touching a low of $1.4 trillion on Tuesday, according to data site CoinMarketCap, as the end of easy monetary policy diminishes appetite for risk ass…
WHO chief says China’s zero-COVID policy not ‘sustainable’
By Jennifer Rigby and Josephine Mason LONDON (Reuters) -The head of the World Health Organization said on Tuesday China’s zero-tolerance COVID-19 policy is not sustainable given what is now known of the virus, in rare public comments by the U.N. agency…
Investors think unlikely Musk buys Twitter at agreed $44 billion price
(Reuters) – The stock market took the view for the first time on Tuesday that it was unlikely that Elon Musk will acquire Twitter Inc for $44 billion, as he originally agreed. The implied probability of the deal closing at that price fell below 50% whe…
Musk says he would reverse Twitter ban on Donald Trump
By Sheila Dang (Reuters) -Billionaire Elon Musk said Tuesday he would reverse Twitter’s ban on former U.S. President Donald Trump when he buys the social media platform, the clearest signal of Musk’s intention to cut moderation of the site. Musk, the w…
Explainer-How Sri Lanka spiralled into crisis
NEW DELHI (Reuters) – Sri Lanka’s economic crisis has turned into deadly violence. Eight people died and over 200 were injured on Monday, the country’s powerful prime minister quit and his brother, the president, is seeking ways out of the chaos. Anti-…
Yellen says ending abortion access would be ‘damaging’ to U.S. economy, women
By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Tuesday said eliminating women’s access to abortion would have “very damaging effects” on the U.S. economy, keeping some women from completing their educations and reducing t…
Satellite images raise prospect of new class of Chinese submarine
By Greg Torode HONG KONG (Reuters) – Military analysts say a vessel spotted in a Chinese shipyard in rare, recent satellite images could be a new or upgraded class of nuclear-powered attack submarine. It is not clear whether the submarine is a new mode…