UK teachers and civil servants join biggest strikes in years on ‘Walkout Wednesday’

UK teachers and civil servants join biggest strikes in years on ‘Walkout Wednesday’

Up to 500,000 people expected to join UK strikes Government says steep pay rises will fuel inflation Schools will close, most trains will not run More strikes involving health workers planned for next week LONDON, Feb 1 (Reuters) – Up to half a million British teachers, civil servants, train drivers and university professors walked off … Read more

Suspects arrested in Pakistan mosque blast, police focus on how suicide bomber got in

Suspects arrested in Pakistan mosque blast, police focus on how suicide bomber got in

PESHAWAR, Pakistan, Feb 1 (Reuters) – Police investigating a suicide bombing that killed more than 100 people at a Pakistani mosque said on Tuesday that several people had been arrested and they could not rule out the possibility that the perpetrator of the attack received assistance from internal security checks. The bombing was the deadliest … Read more

‘Hands off Africa,’ Pope Francis tells the rich world

‘Hands off Africa,’ Pope Francis tells the rich world

Pope begins trip to DR Congo and South Sudan Fran├žois meets the victims of the war in the Congo Trip postponed from July due to Pope’s knee disease KINSHASA, Jan 31 (Reuters) – Pope Francis denounced the “poison of greed” driving conflict in Africa as he began a visit to the Democratic Republic of Congo … Read more

Russia continues its Donetsk campaign; Ukraine wants fighter jets

Russia continues its Donetsk campaign;  Ukraine wants fighter jets

The city of Bakhmut comes under new fire – The Ukrainian army Zelenskiy talks to senior defense officials US prepares $2.2 billion arms package for Ukraine KYIV, Feb 1 (Reuters) – Russian forces are gradually gaining ground in eastern Ukraine’s Donetsk province, focusing on the town of Bakhmut, north of the regional capital. After finally … Read more

Intel cuts employee and executive salaries amid slowing PC market

Intel cuts employee and executive salaries amid slowing PC market

Jan 31 (Reuters) – Intel Corp (INTC.O) said on Tuesday it had made sweeping pay cuts for employees and executives, a week after the company released lower-than-expected sales guidance in due to a loss of market share to rivals and a slowdown in the PC market. The cuts will range from 5% of base pay … Read more

Two years on, Myanmar coup has ‘catastrophic record’

Two years on, Myanmar coup has ‘catastrophic record’

Jan 31 (Reuters) – Two years after Myanmar’s military coup, a young factory worker turned resistance fighter is mourning the loss of his leg in battle. A former diplomat has not seen his family for four years. A beauty queen adjusts to a new life in wintery Canada. And an exiled teacher dreams of going … Read more

Exxon smashes the profits of Western oil majors with $56 billion in 2022

Exxon smashes the profits of Western oil majors with  billion in 2022

HOUSTON, Jan 31 (Reuters) – Exxon Mobil Corp (XOM.N) posted net profit of $56 billion for 2022, the company said on Tuesday, grossing around $6.3 million per hour last year and setting not just a corporate record, but a historical record for the Western oil industry. The oil majors are expected to break their own … Read more

US stops granting export licenses to Chinese Huawei – sources

US stops granting export licenses to Chinese Huawei – sources

Jan 30 (Reuters) – The Biden administration has stopped approving licenses allowing U.S. companies to export most items to China’s Huawei, according to three people familiar with the matter. Huawei has faced U.S. export restrictions on items for 5G and other technologies for several years, but U.S. Commerce Department officials have granted licenses to some … Read more

US seeks Tesla driver assistance documents; the company increases its investment forecast

US seeks Tesla driver assistance documents;  the company increases its investment forecast

WASHINGTON, Jan 31 (Reuters) – Tesla Inc (TSLA.O) said on Tuesday it has received requests from the U.S. Department of Justice for documents related to its fully autonomous driving assistance systems and Autopilot as the regulatory scrutiny intensifies. Reuters reported in October that Tesla was under criminal investigation over allegations that the company’s electric vehicles … Read more

Norwegian fund posts record loss of $164 billion

Norwegian fund posts record loss of 4 billion

The loss in 2022 exceeds the previous record of 2008 Inflation and geopolitical tensions remain risk factors Oil and gas industry record silver entry OSLO, Jan 31 (Reuters) – Norway’s wealth fund, one of the world’s biggest investors, posted a record 2022 loss of 1.64 trillion kroner ($164.4 billion), ending a three-year streak of skyrocketing … Read more