Exclusive: Europe is looking at Musk’s SpaceX to fill the gap left by tensions in Russia

Exclusive: Europe is looking at Musk’s SpaceX to fill the gap left by tensions in Russia

PARIS, August 12 (Reuters) – The European Space Agency (ESA) has started preliminary technical talks with Elon Musk’s SpaceX, which could lead to the temporary use of its launcher after the conflict in Ukraine blocked Western access to Russia’s Soyuz missiles. The private US competitor to Europe’s Arianespace has proved to be a key contender … Read more

Five Chinese state-owned companies will be withdrawn from the NYSE

Five Chinese state-owned companies will be withdrawn from the NYSE

SHANGHAI / HONG KONG, Aug. 12 (Reuters) – Five Chinese state-owned companies including China Life Insurance (601628.SS) and oil giant Sinopec (600028.SS) said Friday they would withdraw from the New York Stock Exchange amid spikes diplomatic actions and economic tensions with the United States. The companies that also include Aluminum Corporation of China (Chalco) (601600.SS), … Read more

France is battling a “monstrous” fire as heatwaves burn Europe away

France is battling a “monstrous” fire as heatwaves burn Europe away

HOSTENS, France, August 11 (Reuters) – On Thursday, day three, a “monster” fire raged in southwestern France, ravaging forests and forcing 10,000 people to evacuate their homes. Without a break in the hot temperatures, firefighters supported by water bombers probably fought on many fronts before the weekend, saying that a huge fire could change direction … Read more

US gasoline prices dropped below $ 4 for the first time since March

US gasoline prices dropped below $ 4 for the first time since March

The demand for gasoline declined in the summer Lower-income households spend less when prices fall The US retail price hit a record high in June Aug. 11 (Reuters) – The median retail price of US gasoline fell below $ 4 a gallon on Thursday for the first time in months, giving some relief to drivers … Read more

“No one can stop them”: African migrants target the Canary Islands of Spain

“No one can stop them”: African migrants target the Canary Islands of Spain

Canary Islands an increasingly popular migration route Arriving Africans remember the horrors of a sea journey Numbers are rising as the war in Ukraine exacerbates world hunger GRAN CANARIA, August 11 (Reuters) – Standing in an abandoned boat cemetery, Mohamed Fane picks up a West African franc from the floor and shudders at the traumatic … Read more

The Fed may slow down rate hikes, but politicians say more is needed

The Fed may slow down rate hikes, but politicians say more is needed

The Federal Reserve Building is pictured in Washington, DC, USA, August 22, 2018. REUTERS / Chris Wattie / File Photo Sign up now for FREE unlimited access to Reuters.com Register Kashkari reiterates its view of the 3.9% federal funds rate at the end of 2022. Evans sees an interest rate of 3.4% this year Both … Read more

The first signs point to a fierce presidential election in Kenya

The first signs point to a fierce presidential election in Kenya

NAIROBI / ELDORET August 10 (Reuters) – The preliminary results of the Kenyan presidential election showed a fierce race between the two main candidates fighting to replace President Uhuru Kenyatta, with citizens praying that the announcement of the winner does not unleash violence as in years past. Tuesday’s elections are an important test of stability … Read more

Fires are raging in France and thousands have been evacuated from their homes

Fires are raging in France and thousands have been evacuated from their homes

HOSTENS, France, August 10 (Reuters) – On Wednesday, fires swept through the Gironde region of southwestern France, destroying homes and forcing 10,000 residents to evacuate, some of whom were climbing onto rooftops as the flames neared. A black and orange sky, darkened by smoke billowing from the forests and lit by the flames, was visible … Read more

The Japanese prime minister shakes the cabinet as anger grows over ties to the Unification Church

The Japanese prime minister shakes the cabinet as anger grows over ties to the Unification Church

Voters’ support is declining due to the party’s ties to the church The shocks come earlier than analysts expected The Church defends its right to participate in politics “ Kishida has only selected ministers who will “review” links with the group TOKYO, Aug. 10 (Reuters) – Japanese Prime Minister Fumio Kishida reshuffled his cabinet on … Read more

Coinbase is taking losses as the cryptocurrency market turmoil hits trading volumes

Coinbase is taking losses as the cryptocurrency market turmoil hits trading volumes

The cryptocurrency representation is visible in front of the Coinbase logo in this image taken on March 4, 2022. REUTERS / Dado Ruvic / Ilustracja Sign up now for FREE unlimited access to Reuters.com Register Aug. 9 (Reuters) – Coinbase Global Inc (COIN.O) reported a larger-than-expected quarterly loss as investors worried about this year’s loss … Read more