kslmadmin

WASHINGTON (Reuters) – Top U.S. Senate Republican Mitch McConnell plans to remain in his leadership post through the current Congress, CNN reported on Friday, two days after the minority leader froze up for about 21 seconds while speaking to reporters. CNN, citing a statement from the Republican leader’s office, said the statement was silent on McConnell’s plans for the next Congress, which begins in 2025. McConnell, 81, is serving a […]

BEIJING (Reuters) – China signed a cooperation agreement with Mauritania and pledged to strengthen collaboration with Burundi on Friday in the latest in a series of talks between visiting African leaders and Chinese President Xi Jinping. “Developing solidarity and cooperation with African countries is an important cornerstone of China’s foreign policy,” Xi said in the southwestern city of Chengdu, according to state media. China has stepped up its engagement with […]

By Stephen Nellis SAN FRANCISCO (Reuters) – Two U.S. lawmakers who head a committee focused on China on Friday urged the Biden administration to tighten export restrictions on artificial intelligence chips in the wake of industry lobbying to leave the rules unchanged. Representative Mike Gallagher, a Republican and chair of the House of Representatives select committee on China, and Representative Raja Krishnamoorthi, a Democrat and ranking member of the committee, […]

By Maria Martinez BERLIN (Reuters) -German inflation fell in July, resuming the decline since the start of the year that was interrupted the previous month due to the base effects in June’s data. German consumer prices, harmonised to compare with other European Union countries, rose by 6.5% on the year in July, preliminary data from the federal statistics office showed on Friday. This follows a 6.8% increase in June. Analysts […]

(Reuters) -Binance and its CEO Changpeng Zhao have filed a motion to dismiss a complaint against the cryptocurrency exchange by the U.S. Commodity Futures Trading Commission (CFTC), the company said in a court filing on Thursday. The CFTC sued Binance, Zhao and former Chief Compliance Officer Samuel Lim in March, alleging they violated the Commodity Exchange Act and certain related federal regulations, and for operating what the regulator said was […]

KYIV (Reuters) -A senior Ukrainian official accused Russia on Friday of threatening civilian vessels in the Black Sea, and urged the international community to condemn what he said were “the methods of terrorists”. Russia last week quit a U.N.-brokered deal allowing Ukraine, a major global grain producer, to safely export its grain via the Black Sea and warned that ships heading to Ukrainian seaports could be considered military targets. “Russian […]

LONDON (Reuters) – Niger, a key ally of Western countries against Islamist insurgencies in West Africa’s semi-arid Sahel region, is host to a number of foreign troops. Those numbers have increased over the past two years following coups in neighbouring Mali and Burkina Faso, which soured relations between the countries and their Western partners. The military ouster of President Mohamed Bazoum threatens to strain Niger’s ties with the West. Following […]

Nearly 200 million people in the United States, or 60% of the U.S. population, are under a heat advisory or flood warning or watch as high temperatures spread and new areas are told to expect severe storms. The National Weather Service said a “dangerous” heat wave began to scorch the Northeast and mid-Atlantic on Thursday and will continue into the weekend. Severe thunderstorms and flash floods are possible for parts […]

By Selena Li and Lawrence White HONG KONG (Reuters) -Standard Chartered PLC upgraded its annual profit forecast on Friday and set a new $1 billion share buyback after the best half-yearly performance in nearly a decade, as rising rates and a record financial markets business boosted the lender’s margins. StanChart is ahead of schedule on achieving five strategic goals set out 1-1/2 years ago, Chief Executive Bill Winters told reporters […]