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

Gautam Adani loses Asia’s richest crown as stock rout worsens to $84bn

Gautam Adani loses Asia’s richest crown as stock rout worsens to bn

BENGALURU, Feb 1 (Reuters) – Indian tycoon Gautam Adani lost his title as Asia’s richest person on Wednesday as the rout of his conglomerate’s biggest companies worsened to $84 billion following a a report on short sellers. A Hindenburg Research report last week alleged the group’s misuse of offshore tax havens and stock manipulation, as … 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 François 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

Missing radioactive capsule found in Western Australia

Missing radioactive capsule found in Western Australia

SYDNEY, Feb 1 (Reuters) – Australian authorities on Wednesday discovered a radioactive capsule that was lost in the vast Outback after nearly a week of searching on a 1,400 km (870 mile) stretch of highway, said an emergency services manager. The military was checking the capsule and it would be transported to a secure facility … 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

AMD revenue beats targets, Wall St relieved after Intel’s bleak outlook

AMD revenue beats targets, Wall St relieved after Intel’s bleak outlook

Jan 31 (Reuters) – U.S. chipmaker Advanced Micro Devices Inc (AMD.O) reported revenue above Wall Street targets on Tuesday and said it expected business to improve in the second half, giving excitement investors who saw the company win over rival Intel. The shares rose about 1.5% after hours trading. Although AMD’s predictions lagged behind expectations, … Read more

Canadian Province Tries To Decriminalize Drugs To Tackle Overdose Crisis

Canadian Province Tries To Decriminalize Drugs To Tackle Overdose Crisis

VANCOUVER, Jan 31 (Reuters) – The western Canadian province of British Columbia launched a three-year pilot program on Tuesday aimed at ending prosecutions of people who transport small amounts of heroin, methamphetamine, ecstasy or crack, as part of an effort to deal with a drug overdose crisis. British Columbia accounts for about a third of … 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