U.S. accuses five firms in China of supporting Russia’s military

Smoke rises over the remains of a building destroyed by a military strike, as Russia’s attack on Ukraine continues, in Lysychansk, Luhansk region, Ukraine June 17, 2022. REUTERS/Oleksandr Ratushniak/File Photo Register now for FREE unlimited access to Reuters.com register WASHINGTON, June 28 (Reuters) – US President Joe Biden’s administration added five companies in China to … Read more

U.S. Supreme Court allows Louisiana electoral map faulted for racial bias

WASHINGTON, June 28 (Reuters) – The Supreme Court on Tuesday reinstated a Republican-drawn map of Louisiana’s six US House of Representatives districts that had been blocked by a judge who found that it likely to discriminate against Black voters, a setback for Democrats as they try to retain control of Congress in November’s elections. The … Read more

Africa’s dream of feeding China hits hard reality

China aims to boost trade with Africa to help cut deficits African agricultural producers pushing for access to China Even with trade deals, protracted approvals hinder exports THIKA, Kenya, June 28 (Reuters) – Watching workers poke avocados from the treetops in an orchard owned by Kenyan agriculture firm Kakuzi, managing director Chris Flowers reveals in … Read more

China slashes COVID quarantine time for international travellers

BEIJING/SHANGHAI, June 28 (Reuters) – China slashed the quarantine time for inbound travelers by half on Tuesday, in a major easing of COVID-19 curbs that have deterred cross-border travel and resulted in international flights running at just 2% of pre-pandemic levels. Quarantine at centralized facilities has been cut to seven days from 14, and subsequent … Read more

Macron tells Biden that UAE, Saudi can barely raise oil output

GARMISCH-PARTENKIRCHEN, Germany, June 28 (Reuters) – Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he had been told by the UAE’s president. Saudi Arabia and the UAE have been perceived as the only two countries in the Organization of … Read more

Iran applies to join China and Russia in BRICS club

Iran applies to join BRICS Russia says West is failing Argentina also applied to join BRICS – Russia DUBAI/LONDON, June 28 (Reuters) – Iran, which holds the world’s second largest gas reserves, has applied to join the BRICS group of Brazil, Russia, India, China and South Africa that Beijing and Moscow cast as a powerful … Read more

Stocks swing higher as China eases quarantine rules

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying graphs (top) of Nikkei index outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com register HONG KONG, June 28 (Reuters) – Asian shares swung into positive territory … Read more

Rescuers dig for survivors after Russian missiles pound Ukrainian shopping mall

Strike on mall not accidental, Zelenskiy says Russian attack on eastern city kills eight: Ukraine G7 leaders promise nearly $30 bln in new aid for Kyiv KREMENCHUK, Ukraine, June 28 (Reuters) – Firefighters and soldiers searched on Tuesday for survivors in the rubble of a shopping mall in central Ukraine after a Russian missile strike … Read more

U.S. Supreme Court again nixes Bayer challenge to weedkiller suits

WASHINGTON, June 27 (Reuters) – The US Supreme Court on Monday rejected another Bayer AG (BAYGn.DE) bid to dismiss litigation alleging that its Roundup weedkiller causes cancer as the German pharmaceutical and chemical giant tries to avoid potentially billions of dollars in damages . The justices turned away a Bayer appeal and left in place … Read more

Credit Suisse found guilty in cocaine cash laundering case

Credit Suisse first major Swiss bank to face criminal trial Former banker found guilty of qualified money laundering Bank plans to appeal BELLINZONA, Switzerland, June 27 (Reuters) – Credit Suisse (CSGN.S) was convicted by Switzerland’s Federal Criminal Court on Monday of failing to prevent money-laundering by a Bulgarian cocaine trafficking gang in the country’s first … Read more