US State Dept Approves Nearly $4 Billion Sale of 31 Armed Drones to India
Feb. 1 By Mike Stone and Ismail Shakil WASHINGTON (Reuters) -The U.S. State Department has approved the potential sale of 31 armed MQ-9B SkyGuardian drones, related missiles and equipment to India for nearly $4 billion, the Pentagon said on Thursday, years after the two countries…
Japan’s SLIM Moon Craft Short on Power After Successful Lunar Landing
Jan. 19 By Kantaro Komiya and Joey Roulette TOKYO (Reuters) -Japan on Saturday became the fifth country to put a spacecraft on the moon, but solar power issues threatened to cut short the nation’s mission to prove a “precision” landing technology and revitalise a space…
Women in Germany Earn 18% Less Than Men as Gender Pay Gap Persists
Jan. 18 By David Shepardson and Valerie Insinna BERLIN (Reuters) – Women in Germany earned 18% less on average than men last year, due largely to a levelling-off in earnings after having children and taking part-time work, the Federal Statistics Office said on Thursday. The…
Shell to Exit Nigeria’s Troubled Onshore Oil After Nearly a Century
Jan. 16 By Ron Bousso LONDON (Reuters) -Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4 billion. The British…
Volvo Eyes Sale of Arquus to John Cockerill, Takes $87 Million Hit
Jan. 15 By Greta Rosen Fondahn (Reuters) -Sweden’s Volvo said on Monday it had signed an option agreement to sell its Arquus defence unit to John Cockerill Defense, and would book a fourth-quarter operating loss from the deal of some 900 million Swedish crowns ($87.44…
Analysis-Oil Tankers Continue Red Sea Movements Despite Houthi Attacks
Jan. 9 By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) – Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have rerouted due to attacks by Iran-aligned Houthi militants, a Reuters analysis of vessel tracking data…
Big Waves at California’s Mavericks Beach Draw Surfers, ‘Super Stoked’ Spectators
Dec. 28 By Nathan Frandino HALF MOON BAY, California (Reuters) – At the famous Mavericks Beach surf spot, big waves thundering into the California coastline on Thursday attracted surfers and spectators alike to the legendary break 25 miles south of San Francisco. Waves were forecast…
Twitter Violated Contract by Failing to Pay Millions in Bonuses, US Judge Rules
Dec. 22 By Kanishka Singh WASHINGTON (Reuters) – Twitter violated contracts by failing to pay millions of dollars in bonuses that the social media company, now called X Corp, had promised its employees, a federal judge ruled on Friday. Mark Schobinger, who was Twitter’s senior…
Angola Leaves OPEC in Blow to Oil Producer Group
Dec. 21 By Miguel Gomes LUANDA/LONDON (Reuters) – Angola said on Thursday it would leave OPEC in a blow to the Saudi-led oil producer group that has sought in recent months to rally support for further output cuts to prop up oil prices. Angola’s Oil…
Brazil Lawmakers Pass Bill to Pave a Highway Through Amazon Rainforest
Dec. 20 By Anthony Boadle BRASILIA (Reuters) – The lower house of Brazil’s Congress has approved a bill to relax environmental licensing to pave a highway cutting through the heart of the Amazon that scientists say will threaten the future of the world’s largest tropical…