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July 26, 2021

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Trump ally Barrack pleads not guilty in UAE lobbying case

Reuters
NEW YORK, July 26 (Reuters) – Former U.S. President Donald Trump’s billionaire ally Thomas Barrack pleaded not guilty on Monday to charges of illegal lobbying for the United Arab Emirates, putting the case on course for a possible trial. Barrack entered his plea to seven criminal counts before U.S. Magistrate......

Texas power grid sees record-breaking demand during heatwave

Reuters
Overhead power lines are seen during record-breaking temperatures in Houston, Texas, U.S., February 17, 2021. REUTERS/Adrees Latif/File Photo July 26 (Reuters) – The Texas power grid operator on Monday forecast demand would reach a record high over the next week as homes and businesses crank up their air conditioners to......

Tesla beats profit and revenue estimates, delays Semi launch

Reuters
July 26 (Reuters) – Electric carmaker Tesla Inc (TSLA.O) on Monday beat Wall Street expectations for second-quarter profit and revenue as record deliveries offset the impact of a prolonged global shortage of chips and raw materials. Shares of the world’s most valuable automaker were up 1.3% in extended trade. The......

Facebook and tech giants to target attacker manifestos, far-right militias in database

Reuters
July 26 (Reuters) – A counterterrorism organization formed by some of the biggest U.S. tech companies including Facebook (FB.O) and Microsoft (MSFT.O) is significantly expanding the types of extremist content shared between firms in a key database, aiming to crack down on material from white supremacists and far-right militias, the......

Canada installs first indigenous governor general, highlights reconciliation

Reuters
OTTAWA, July 26 (Reuters) – Canada installed an indigenous woman as its governor general on Monday, the first such person to hold the post, in an elaborate ceremony that spotlighted the country’s effort to reconcile with its colonial past. Prime Minister Justin Trudeau named Mary Simon – a former journalist,......

U.S. will not lift travel restrictions, citing Delta variant -White House

Reuters
WASHINGTON, July 26 (Reuters) – The United States will not lift any existing travel restrictions “at this point” due to concerns over the highly transmissible COVID-19 Delta variant and the rising number of U.S. coronavirus cases, the White House confirmed on Monday. The decision, which was first reported by Reuters,......

U.S. new home sales hit 14-month low amid supply constraints

Reuters
A carpenter works on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, U.S., May 5, 2021. REUTERS/Octavio Jones New home sales drop 6.6% in June; May revised down Median house price rises 6.1% to $361,800 from year ago WASHINGTON,......

Insurance brokers Aon, Willis scrap $30 bln merger; slow trial risk

Reuters
An office building with the Aon logo is seen amid the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. REUTERS/Loren Elliott July 26 (Reuters) – Aon Plc (AON.N) and Willis Towers Watson Plc on Monday called off a $30 billion......

Schoolgirl scoops gold as Japan warms to the Games

Reuters
Schoolgirl skateboarder scoops gold for Japan Australian Ariarne Titmus wins gold, coach becomes meme Japanese fans defy organisers to watch triathlon Hosts top the medal standings TOKYO, July 26 (Reuters) – Japan struck more gold on Monday to lead the medals table as sentiment towards the pandemic-delayed Tokyo Olympics appeared......

Shell greenlights Gulf of Mexico ‘Whale’ oilfield project

Reuters
The Royal Dutch Shell logo is seen at a Shell petrol station in London, January 31, 2008. REUTERS/Toby Melville/File Photo Whale field set to produce up to 100,000 boed Field planned to begin production in 2024 First oil project approved since Dutch climate court ruling LONDON, July 26 (Reuters) –......

Ryanair raises passenger forecast as O’Leary targets rapid growth

Reuters
Expects July-Sept traffic at two thirds of pre-pandemic level CEO O’Leary says he sees best growth opportunities in 30 years Loss for April-June quarter less than forecast Shares up 4.1% DUBLIN, July 26 (Reuters) – Ryanair (RYA.I) on Monday raised its forecast for full-year traffic on strong summer bookings, with......

With $4 billion in losses, Heathrow tells UK: open up travel

Reuters
LONDON, July 26 (Reuters) – London’s Heathrow Airport urged Britain on Monday to open up travel to vaccinated passengers after its recovery fell behind Europe, pushing its cumulative pandemic losses to $4 billion. Heathrow, which before the pandemic was the busiest airport in Europe, said that fewer than four million......

Extreme weather renews focus on climate change as scientists update forecasts

Reuters
July 26 (Reuters) – As scientists gather online to finalize a long-awaited update on global climate research, recent extreme weather events across the globe highlight the need for more research on how it will play out, especially locally. The list of extremes in just the last few weeks has been......

Shooting-Hancock and English win skeet golds for USA

Reuters
TOKYO, July 26 (Reuters) – American shooter Vincent Hancock won the men’s Olympic skeet gold for the third time in the Tokyo Games on Monday. Hancock, who had won in Beijing (2008) and London (2012), finished ahead of Jesper Hansen of Denmark, who settled for the silver, while the bronze......

Skateboarding-Golden generation: Japan’s Nishiya leads teen skater medal rush

Reuters
At 13, Momiji Nishiya becomes Japan’s youngest gold medallist Rayssa Leal, also 13, claims silver for Brazil Bronze goes to Japan’s Funa Nakayama, aged 16 2nd Japan skate gold after Yuto Horigome won men’s street event TOKYO, July 26 (Reuters) – Japanese 13-year-old Momiji Nishiya clinched the Olympic title in......

China says U.S. is the ‘inventor of coercive diplomacy’ -foreign ministry

Reuters
Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang BEIJING, July 26 (Reuters) – The United States is the “inventor of coercive diplomacy”, China’s vice foreign minister Xie Feng told U.S. Deputy Secretary of State Wendy Sherman on Monday,......

Lebanese Sunni tycoon Najib Mikati poised to be designated PM

Reuters
BEIRUT, July 25 (Reuters) – Lebanon’s wealthy businessman and former premier Najib Mikati is poised to be designated prime minister on Monday after winning the support of most major parties to form a new government facing a crippling financial crisis, political sources said. Earlier, a club of former Lebanese Sunni......

Italy asks Europe for firefighting planes to tame Sardinia fires

Reuters
MILAN, July 25 (Reuters) – Italy asked European states on Sunday to send firefighting aircraft to help tame fires that have swept across parts of the island of Sardinia, prompting the evacuation of hundreds of people. Italy’s Foreign Minister Luigi Di Maio said on Facebook the country’s civil protection authority......

Credit Suisse settles spying case with former star banker

Reuters
ZURICH, July 25 (Reuters) – Credit Suisse (CSGN.S) has reached an out-of-court settlement with former star banker Iqbal Khan over allegations of spying that led to the resignation of the Chief Executive Tidjane Thiam, a spokesperson for the Swiss bank said on Sunday. “Everybody involved has agreed to settle and......

Cars, pavements washed away as Belgian town hit by worst floods in decades

Reuters
BRUSSELS, July 25 (Reuters) – The southern Belgian town of Dinant was hit by the heaviest floods in decades on Saturday after a two-hour thunderstorm turned streets into torrential streams that washed away cars and pavements but did not kill anyone. Dinant was spared the deadly floods 10 days ago......

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