First big suicide attack in Baghdad for 3 years kills at least 32

BAGHDAD (Reuters) – Two men blew themselves up in a crowded Baghdad market on Thursday, killing at least 32 people in Iraq’s first big suicide bombing for three years, authorities said, describing it as a possible sign of the reactivation of Islamic State. Reuters journalists arriving after the blasts saw pools of blood and discarded shoes at the site, a […]

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Biden administration pauses federal drilling program in climate push

(Reuters) – President Joe Biden’s administration has temporarily suspended oil and gas permitting on federal lands and waters in the latest of a series of rapid-fire orders aimed at fighting climate change and tamping down the U.S. fossil fuel industry.FILE PHOTO: U.S. President Joe Biden signs executive orders in the Oval Office of the White House in Washington, after his […]

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Exclusive: Georgetown University academic Chris Brummer in lead for CFTC chair – sources

FILE PHOTO: Signage is seen outside of the U.S. Commodity Futures Trading Commission (CFTC) in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly/File PhotoWASHINGTON (Reuters) – Georgetown University academic Chris Brummer has emerged as the leading candidate to chair the Commodity Futures Trading Commission (CFTC), according to three people with knowledge of the matter. The White House is expected to […]

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Union Pacific quarterly profit beats on higher shipment volumes

FILE PHOTO: A Union Pacific rail car is parked at a Burlington National Santa Fe (BNSF) train yard in Seattle, Washington, U.S., February 10, 2017. REUTERS/Chris Helgren(Reuters) – Union Pacific Corp on Thursday beat Wall Street estimates for quarterly profit, as the U.S. railroad operator benefited from higher volumes of grain and intermodal shipments. Analysts expect the recovery in railroad […]

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Bitcoin slumps 10% as pullback from record high gathers pace

FILE PHOTO: Representations of virtual currency Bitcoin are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/IllustrationLONDON (Reuters) – Bitcoin slumped 10% on Thursday to a 10-day low, retreating further from record highs, with traders citing fears of tighter U.S. regulation. The world’s most popular cryptocurrency Bitcoin was last down 7.5% at $32,779 after falling […]

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AirAsia Group to raise up to $112.84 million via private placement

FILE PHOTO: AirAsia planes are seen parked at Kuala Lumpur International Airport 2, during the movement control order due to the outbreak of the coronavirus disease (COVID-19), in Sepang, Malaysia April 14, 2020. REUTERS/Lim Huey Teng/File Photo(Reuters) – Malaysian budget carrier AirAsia Group said on Thursday it planned to undertake a private placement of up to 20% of its total […]

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Asian stocks climb to record highs on Biden stimulus hopes

SHANGHAI (Reuters) – Asian stocks scaled to record highs on Thursday as investors were hopeful the incoming Biden administration will be able to secure passage of a massive new stimulus package to cushion the economic damage of the COVID-19 pandemic.FILE PHOTO: A man stands in front of a screen displaying Nikkei share average and the world’s stock indexes outside a […]

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Biden administration calls China sanctions on Trump officials 'unproductive and cynical'

(Reuters) – China’s move to sanction former Trump administration officials was “unproductive and cynical”, a spokeswoman for President Joe Biden’s National Security Council said on Wednesday, urging Americans from both parties to condemn the action.FILE PHOTO: Flags of U.S. and China are displayed at American International Chamber of Commerce (AICC)’s booth during China International Fair for Trade in Services in […]

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In hidden message on White House website, Biden calls for coders

Slideshow ( 2 images )WASHINGTON (Reuters) – The recently updated website for President Joe Biden’s White House carried an invitation for tech specialists savvy enough to find it. Hidden in the HTML code on www.whitehouse.gov was an invitation to join the U.S. Digital Service, a technology unit within the White House. “If you’re reading this, we need your help building […]

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