Kwarteng defies “orthodoxy” after defeating the UK market

Weeks on the job, UK finance minister under fire for tax cuts Truss stands by a key ally but some question his future Kwarteng sacked a key official, and went without financial expectations LONDON (Reuters) – As Britain’s new chancellor to the exchequer, Kwasi Quarting hoped to undo the collective thinking in the Treasury that … Read more

EXCLUSIVE: Brands post ads on Twitter next to child pornography accounts

Sept 28 (Reuters) – Some major advertisers including Dyson, Mazda, Forbes and PBS Kids have halted their marketing campaign or removed their ads from parts of Twitter because their promotional ads appeared alongside tweets urging child pornography, the companies told Reuters. Brands ranging from The Walt Disney Company (DIS.N)NBCUniversal (CMCSA.O) The Coca-Cola Company (KO.N) Children’s … Read more

Analysis: Nord Stream gas leak raises climate concerns, but its impact is hard to determine

(Reuters) – Unexplained leaks in two Russian gas pipelines in the Baltic Sea are releasing greenhouse gas emissions, raising fears that the disruption could cause climate catastrophe — though it remains unclear to what extent. Neither pipeline was in operation, but both contained natural gas — which consists largely of methane, a potent greenhouse gas … Read more

Gas leakage from Russia’s Nord Stream 2 pipeline to the Baltic Sea

Register now to get free unlimited access to Reuters.com Register BERLIN (Reuters) – Danish authorities on Monday told ships to stay away from a five-nautical-mile radius off the island of Bornholm after a gas leak overnight from the Russian-owned Nord Stream 2 pipeline in the Baltic Sea. The German government said it was in contact … Read more

Japan intervenes in the foreign exchange market to stop the yen’s decline after the Bank of Japan kept rates very low

Bank of Japan maintains very low rates, pessimistic policy guidance A Japanese foreign exchange diplomat said he had taken “decisive” action. Confirmation of intervention pushes the dollar to slide more than 2% Analysts doubt Tokyo’s ability to continue supporting the yen Bank of Canada says it didn’t help the Bank of Japan TOKYO (Reuters) – … Read more

Strong earthquake hits Mexico on fateful anniversary, killing at least two

MEXICO CITY (Reuters) – A 7.6-magnitude earthquake struck western Mexico on Monday on the anniversary of two devastating earthquakes, killing at least two people, damaging buildings, disrupting electricity and sending Mexico City residents out for safety. Authorities said two people died in the Pacific port of Manzanillo, one of whom crashed into a department store … Read more

Putin acknowledges China’s concerns about Ukraine in reference to friction

Putin says he will explain Moscow’s position to China The Russians in the East are digging in – Ukrainian official EU chief in Kyiv says good progress on accession Kyiv (Reuters) – Russian President Vladimir Putin said on Thursday he understands Chinese President Xi Jinping has concerns about the situation in Ukraine, in a surprising … Read more

Traffic, water shortages and now floods: the slow death of India’s tech hub?

A large part of Bengaluru has been submerged in recent floods Forced residents to wade into deep water The unrest raises questions about the city’s future as a technology hub Authorities have vowed to act, but severe weather may complicate plans BENGALURU (Reuters) – Harish Polanor spent weekends in the late 1980s wandering the swamps … Read more

The Northeast US faces potential power shortages as rails begin to close

Unused oil tanker cars appear on the New York West Pennsylvania Railroad outside Hinsdale, New York, August 24, 2015. Photo taken August 24, 2015. REUTERS/Lindsay Dedario/File Photo Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – Some trains carrying fuel components to the northeastern United States have been halted in … Read more

Exclusive US weighs China sanctions to deter Taiwan action, Taiwan puts pressure on EU

Taipei/Frankfurt/Washington, Sept. 13 (Reuters) – The United States is considering options for a sanctions package against China to deter it from invading Taiwan, with the European Union coming under diplomatic pressure from Taipei to do the same, according to informed sources. with discussions. The sources said the deliberations in Washington and Taipei’s separate pressure for … Read more