Bangladesh plunged into darkness by national grid failure

Bangladesh plunged into darkness by national grid failure

Power grid collapse leads to blackouts in 75-80% Bangladesh Authorities working to restore power, investigating cause Government had rationed some gas due to high global prices DHAKA, Oct 4 (Reuters) – Large swathes of Bangladesh were left without electricity on Tuesday after a grid failure, a government official said, adding that authorities were working to … Read more

Wall Street ends in a hole after Powell’s Wyoming speech

Wall Street ends in a hole after Powell’s Wyoming speech

Fed will keep tightening until inflation controlled – Powell Core PCE increases 0.1% in July vs. 0.6% rise in June Dell, Affirm tumble on weaker forecasts Indexes down: Dow 3.03%, S&P 3.37%, Nasdaq 3.94% Lower for the week: Dow 4.2%, S&P 4%, Nasdaq 4.4% Aug 26 (Reuters) – Wall Street ended Friday with all three … Read more

American tourists splurge in Paris boutiques as euro slides

American tourists splurge in Paris boutiques as euro slides

PARIS, July 15 (Reuters) – American tourist Shawna Wilson says she has splashed out on four dresses at the high-end LVMH-owned department store La Samaritaine in Paris, tempted by the prices as the euro reached parity with the U.S. dollar. The euro tumbled below $1 on Wednesday for the first time in two decades on … Read more

U.S. VP touts $3.2 bln investment aimed at stemming Central America migration

U.S. VP touts .2 bln investment aimed at stemming Central America migration

LOS ANGELES/WASHINGTON, June 7 (Reuters) – U.S. Vice President Kamala Harris has pooled $3.2 billion in corporate pledges aimed at addressing some of the economic factors driving migration from Central America, her office said on Tuesday, lending impetus to measures to be discussed at the Summit of the Americas this week. The new commitments from … Read more

Wall Street ends mixed after punishing week

Wall Street ends mixed after punishing week

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 19, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Ross Stores plunges after cutting 2022 forecast S&P 500 +0.01%, Nasdaq -0.30%, Dow +0.03% May 20 (Reuters) – Wall Street ended … Read more