Morning special: In search of Pelosi’s plane

A man reads the Global Times newspaper, which displays a cover story about US House Speaker Nancy Pelosi’s Asia trip, at a street display wall in Beijing, China, August 1, 2022. The front page headline reads: “Pelosi visits Asia in the smell of gunpowder.” REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com Sign … Read more

Asian stocks fall as US yields on Pelosi jitters; Aussie falls

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing the Shanghai Composite Index, the Nikkei Index and the Dow Jones Industrial Average outside a stock exchange in Tokyo, Japan, February 14, 2022. REUTERS/ Kim Kyung- Hoon Sign up now for FREE unlimited access to Reuters.com Sign … Read more

“Living with COVID”: Where the pandemic could go next

LONDON/CHICAGO, Aug 1 (Reuters) – As the third winter of the coronavirus pandemic looms in the northern hemisphere, scientists are warning weary governments and citizens to prepare for more waves of COVID-19. In the United States alone, there could be as many as a million infections a day this winter, said Chris Murray, head of … Read more

Stephen King plans to fight for the US government in a case against a mega publishing merger

WASHINGTON, Aug 1 (Reuters) – The U.S. Justice Department asked a federal judge on Monday to block the $2.2 billion merger of two of the “Big Five” book publishers, Penguin Random House and Simon & Schuster, in a trial expected to testimony from horror writer Stephen King. “This is real money for real people,” said … Read more

HSBC puts on Ping An call, raises payout and profit target

HSBC will return to paying quarterly dividends from 2023 Aims to win investors with a higher return target Says the division of Asian business involves a lot of risk London shares up 6% LONDON/SINGAPORE, Aug 1 (Reuters) – HSBC ( HSBA.L ) rejected a proposal by major shareholder Ping An Insurance Group Co of China … Read more

“Living with COVID”: Where the pandemic could go next

LONDON/CHICAGO, Aug 1 (Reuters) – As the third winter of the coronavirus pandemic looms in the northern hemisphere, scientists are warning weary governments and citizens to prepare for more waves of COVID-19. In the United States alone, there could be as many as a million infections a day this winter, said Chris Murray, head of … Read more

British Prime Minister candidate Sunak promises a 20% income tax cut by 2029

LONDON, July 31 (Reuters) – Rishi Sunak, who is trailing in the race to become Britain’s next prime minister, has pledged to cut the basic rate of income tax by 20% by 2029 in a potential roll of the dice for the former finance minister. Sunak, once tipped to replace Boris Johnson as he helped … Read more

Hundreds of firefighters battle a blaze near Lisbon

MAFRA, Portugal, July 31 (Reuters) – Hundreds of firefighters battled a fire raging in a Portuguese municipality near the capital Lisbon on Sunday as high temperatures and strong winds made it harder to put out. Backed by water bombers and 123 vehicles, more than 400 firefighters were brought in after a fire broke out in … Read more

Oil falls as weak China factory fan calls for concern

SINGAPORE, Aug 1 (Reuters) – Oil prices fell on Monday, as weak production figures from China and Japan for July weighed on the outlook for demand, while investors braced for a meeting of officials from OPEC and other major producers on supply adjustments this week. Brent crude futures were down $1.19, or 1.1%, at $102.78 … Read more