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October 22, 2021

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Turkey’s Halkbank can be prosecuted over Iran sanction violations, U.S. appeals court rules

Reuters
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. Oct......

Biden expects gasoline prices to fall in 2022

Reuters
U.S. President Joe Biden delivers remarks on infrastructure legislation at the Electric City Trolley Museum in Scranton, Pennsylvania, U.S. October 20, 2021. REUTERS/Jonathan Ernst WASHINGTON, Oct 21 (Reuters) – President Joe Biden said on Thursday he expects gasoline prices to fall in 2022 and that any further price reduction depends......

U.S. charges Canadian man, alleging he’s an Islamic State fighter, propagandist

Reuters
The flag and crest of the United States Department of Justice (DOJ) is seen at their headquarters in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew Kelly WASHINGTON, Oct 2 (Reuters) – U.S. prosecutors on Saturday said they charged a Saudi-born Canadian man for aiding the Islamic State militant group, alleging......

Petrofac considers refinancing as faces possible $240 mln bribery fine

Reuters
LONDON, Oct 2 (Reuters) – British oil services group Petrofac (PFC.L) said it is looking at refinancing options including debt and fresh equity as it faces a possible $240 million fine from a London court. Petrofac decided to plead guilty to seven charges after a four-year Serious Fraud Office (SFO)......

Fighting between Yemeni separatist forces kills four in Aden, say sources

Reuters
ADEN, Oct 2 (Reuters) – Clashes raged in the Yemeni city of Aden on Saturday between members of the separatist Southern Transitional Council (STC) and at least four fighters have been killed, two security sources said. Residents said heavy gunfire could still be heard at mid-day in Aden’s central Crater......

Polls open in Qatar’s first legislative elections

Reuters
DOHA, Oct 2 (Reuters) – Qataris began voting on Saturday in the Gulf Arab state’s first legislative elections for two-thirds of the advisory Shura Council in a vote that has stirred domestic debate about electoral inclusion and citizenship. Voters began trickling into polling stations, where men and women entered separate......

Top Israeli diplomat visits Bahrain, U.S. navy base in signal to Iran

Reuters
DUBAI, Sept 30 (Reuters) – Bahrain hosted the Israeli foreign minister on Thursday for the highest-level visit since the countries established ties last year andwhich included a tour of a U.S. naval headquarters to signal common cause against Iran. Landing in Manama on a plane daubed with an olive branch......

Lucid to start deliveries of electric cars with range exceeding Tesla’s in October

Reuters
CASA GRANDE, Ariz., Sept 28 (Reuters) – U.S. startup Lucid Group Inc (LCID.O) said on Tuesday it will start delivering luxury electric sedans with a Tesla-beating driving range in late October, posing a major challenge to the market leader whose sales of premium models have stagnated. The California-based Lucid began......

U.S. bars flight from landing with Americans from Kabul – activists

Reuters
U.S. Department of Homeland Security emblem is pictured at the National Cybersecurity & Communications Integration Center (NCCIC) located just outside Washington in Arlington, Virginia September 24, 2010. REUTERS/Hyungwon Kang/ WASHINGTON, Sept 28 (Reuters) – The Department of Homeland Security on Tuesday denied U.S. landing rights for a charter plane carrying......

Gaza to begin rebuilding homes destroyed in May conflict

Reuters
GAZA, Sept 26 (Reuters) – The reconstruction of homes in Gaza that were destroyed or damaged in the May conflict between Israel and Hamas will begin in the first week of October using aid from Qatar, a senior Palestinian housing official said on Sunday. Gaza’s Hamas-run government says Israeli air......

Oman Air seeks oneworld alliance membership

Reuters
DUBAI, Sept 26 (Reuters) – State-owned Oman Air announced on Sunday its intention to apply to join the oneworld global airline alliance and said it had asked fellow Gulf carrier and member Qatar Airways to help it. Oman Air said it had approached Qatar Airways, whose chief executive Akbar Al......

Algeria closes airspace to Moroccan aviation as dispute deepens

Reuters
ALGIERS/CAIRO, Sept 22 (Reuters) – Algeria’s supreme security council decided on Wednesday to close the country’s airspace to all Moroccan civil and military aircraft, the Algerian presidency said, less than a month after it cut diplomatic relations with the Kingdom. The decision came “in view of the continued provocations and......

SoftBank backs Steven Mnuchin’s $2.5 bln private equity fund

Reuters
U.S. Treasury Secretary Steven Mnuchin speaks during a House Financial Services Committee hearing in Washington, December 2, 2020. Greg Nash/Pool via REUTERS/File Photo Sept 22 (Reuters) – SoftBank Group (9984.T) will invest in a $2.5 billion private equity fund set up by former U.S. Treasury secretary Steven Mnuchin, the Japanese......

At U.N., Biden promises ‘relentless diplomacy,’ defense of democracy

Reuters
UNITED NATIONS, Sept 21 (Reuters) – U.S. President Joe Biden mapped out a new era of vigorous competition without a new Cold War despite China’s ascendance during his first United Nations address on Tuesday, promising military restraint and a robust fight against climate change. The United States will help resolve......

OPEC+ struggles to pump more oil to meet rising demand

Reuters
The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina/File Photo LONDON, Sept 21 (Reuters) – OPEC and its allies struggled again to pump enough oil in August to meet global demand......

U.S. to relax travel restrictions for vaccinated foreign air travelers in November

Reuters
WASHINGTON, Sept 20 (Reuters) – The United States will reopen in November to air travelers from 33 countries including China, India, Brazil and most of Europe who are fully vaccinated against COVID-19, the White House said on Monday, easing tough pandemic-related restrictions that started early last year. The decision, announced......

External review finds deeper rot in World Bank ‘Doing Business’ rankings

Reuters
A participant stands near a logo of World Bank at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/File Photo WASHINGTON, Sept 20 (Reuters) – Weeks before the World Bank scrapped its flagship Doing Business rankings following a......

External review finds deeper rot in World Bank ‘Doing Business’ rankings

Reuters
A participant stands near a logo of World Bank at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/File Photo WASHINGTON, Sept 20 (Reuters) – Weeks before the World Bank scrapped its flagship Doing Business rankings following a......

Biden supports full investigation into Afghanistan drone strike

Reuters
U.S. President Joe Biden waves as he walks from Marine One at his return from Rehoboth Beach, Delaware, on the South Lawn at the White House in Washington, U.S., September 20, 2021. REUTERS/Elizabeth Frantz WASHINGTON, Sept 20 (Reuters) – U.S. President Joe Biden supports a thorough investigation of the U.S.......

Rwandan court finds ‘Hotel Rwanda’ film hero guilty in terrorism case

Reuters
KIGALI, Sept 20 (Reuters) – A Rwandan court on Monday found Paul Rusesabagina, a one-time hotel manager portrayed as a hero in a Hollywood film about the 1994 genocide, guilty of being part of a group responsible for terrorist attacks. Judges were still going through a number of other accusations......

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