(Reuters) – A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the decade, analysts at investment banker Tudor Pickering Holt & Co said in a report on Tuesday. As much as 8.5 billion cubic feet per day of natural gas could be […]
Egypt economy seen growing slower after IMF deal before picking up- Reuters poll
By Patrick Werr CAIRO (Reuters) – Egypt’s economy will grow slower than previously expected this year after it signed an $8 billion financial support package with the IMF that came with conditions, but growth will accelerate next year, a Reuters poll forecast on Tuesday. Egypt has also been clobbered by the Gaza crisis, which caused […]
Boeing hit with whistleblower allegations, adding to safety concerns
By David Shepardson and Allison Lampert WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) is investigating a Boeing whistleblower’s claims that the company dismissed safety and quality concerns in the production of the planemaker’s 787 and 777 jets, an agency spokesperson said on Tuesday. The planemaker has been grappling with a full-blown safety crisis that […]
Arizona’s top court revives 19th century abortion ban
By Brendan Pierson and Nate Raymond (Reuters) – Arizona’s top court on Tuesday revived a ban on nearly all abortions under a law from 1864, a half century before statehood and women’s suffrage, further restricting reproductive rights in a state where terminating a pregnancy was already barred at 15 weeks of gestation. The Arizona Supreme […]
UN nuclear watchdog’s board sets emergency meeting after Zaporizhzhia attacks
By Francois Murphy VIENNA (Reuters) -The U.N. nuclear watchdog’s Board of Governors will hold an emergency meeting on Thursday at the request of both Ukraine and Russia to discuss attacks on the Zaporizhzhia Nuclear Power Plant, after the enemies accused each other of drone attacks. The International Atomic Energy Agency has said drones struck the […]
Scotiabank CEO flags US, Mexico election risks; says bank ‘well-positioned’
TORONTO (Reuters) -Bank of Nova Scotia said on Tuesday that upcoming elections in the U.S. and Mexico are creating political uncertainty but Canada’s third-biggest lender was well equipped to navigate the region’s shifting environments. Scotiabank’s presence in the United States, Canada and Mexico makes it unique among Canadian banks, giving it among the biggest exposure […]
Ecuador ex-Vice President Glas back in prison after hospital stay
By Alexandra Valencia QUITO (Reuters) -Former Ecuadorean Vice President Jorge Glas is back in prison in the city of Guayaquil after being discharged from the hospital and is in acceptable health, the SNAI prisons agency said on Tuesday. Glas, already twice convicted of corruption and now facing fresh charges, was arrested on Friday after a […]
Investment platform Linqto to go public via $700 million SPAC deal
(Reuters) – Investment platform Linqto has agreed to go public through a merger with special purpose acquisition company (SPAC) Blockchain Coinvestors Acquisition in a deal valued at $700 million, the companies said on Tuesday. San Jose, California-based Linqto, which has more than 750,000 users in 110 countries, allows users to make investments in unicorns – […]
Republican operatives to pay $1.25 million for robocalls threatening Black voters, NY prosecutor says
By Doina Chiacu WASHINGTON (Reuters) -Two conservative operatives who launched a robocall campaign designed to prevent Black New Yorkers from voting by mail in the 2020 U.S. election will pay $1.25 million in a settlement, New York state Attorney General Letitia James said on Tuesday. Jacob Wohl and Jack Burkman were found liable by a […]
US Postal Service seeks to hike stamp prices to 73 cents
By David Shepardson WASHINGTON (Reuters) -The United States Postal Service (USPS) said on Tuesday it wants to raise the price of first-class mail stamps to 73 cents from 68 cents effective July 14. The proposal, which must be approved by the Postal Regulatory Commission, would raise mailing services product prices by 7.8%. USPS in November […]