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Telecommunications were down in El Geneina during much of the violence, making it difficult to get evidence of the attacks to the outside world. And during and after the violence, the RSF and Arab militias took measures to cover up its actions, dozens of residents said. In mid-June, the fighting was over and the RSF and Arab militias were in full control of El Geneina. Decomposing bodies lay in the streets amid the personal belongings of the fleeing throngs, said a Red Crescent volunteer. They said they were also told by the RSF and Arab militias not to help the wounded, and said they saw RSF and Arab fighters shooting injured people.

Persons: –, El Geneina, throngs, ”, Abdalla, Al Torab Al Ahmar, Torab Al Ahmar, Farah Yahia Organizations: Reuters, Red Crescent, United Nations Locations: El Geneina, Chad, El

☆ China exported no germanium, gallium in Aug due to export curbs
▼ + stars: | 2023-09-20 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

BEIJING (Reuters) - China’s exports of germanium and gallium products in August plunged to zero，customs data showed on Wednesday, due to new export controls on the two chipmaking metals. There were also no exports of wrought gallium products in August. In July, China announced restrictions on the export of eight gallium and six germanium products starting Aug. 1, the latest salvo in an escalating war between Beijing and Washington over access to materials used in making high-tech microchips. Under the new rules, exporters of germanium and gallium products now need to obtain an export licence for dual-use items and technologies, meaning those with potential military and civilian applications. Chinese spot gallium prices slid last month as stocks piled up in the domestic market due to the export controls and subdued demand.

Persons: Florence Lo Organizations: REUTERS, Beijing, Shanghai Metals Locations: BEIJING, China, Beijing, Washington, Shanghai

☆ Macy's to hire more than 38,000 employees for holiday season
▼ + stars: | 2023-09-18 | by ( Reuters Staff | ) www.reuters.com time to read: 1 min

FILE PHOTO: The Macy's logo is displayed on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 19, 2021. REUTERS/Andrew Kelly/File Photo(Reuters) - Macy’s said on Monday it would hire more than 38,000 full and part-time seasonal positions for the holiday season, compared with 41,000 last year as U.S. retailers gear up for the busy shopping period amid a tight consumer spending environment.

Persons: Andrew Kelly, Macy’s Organizations: New York Stock Exchange, REUTERS Locations: Manhattan , New York City, U.S

North Korean leader Kim Jong Un, accompanied by government officials, departs Pyongyang, North Korea, to visit Russia, September 10, 2023, in this image released by North Korea's Korean Central News Agency on September 12, 2023. Pyongyang and Moscow have denied that North Korea would supply arms to Russia, which has expended vast stocks of weapons in more than 18 months of war. "The presence of Jo Chun Ryong indicates that North Korea and Russia will conclude some type of agreement for munitions purchases," said Michael Madden, a North Korea leadership expert at the Washington-based Stimson Center. The U.S. State Department said any transfer of arms from North Korea to Russia would violate U.N. Security Council resolutions, which ban any arms transactions with North Korea. Russia had voted, along with China, to approve Security Council resolutions as late as 2017 punishing North Korea for ballistic missile launches and nuclear tests.

Persons: Kim Jong Un, Kremlin, Vladimir Putin, Kim, Dmitry Peskov, Putin, Peskov, Jo Chun Ryong, Michael Madden, Chang Ho, Matthew Miller, Sergei Shoigu, Hyunsu Yim, Hyonhee Shin, Josh Smith, Kiyoshi Takenaka, Lidia Kelly, Steve Holland, Humeyra Pamuk, Jack Kim, Gerry Doyle Organizations: North, Korean Central News Agency, KCNA, REUTERS Acquire, Rights, Kyodo, South Korea's Defence, TASS, Eastern Economic, OF, North Korean, Munitions Industry, Stimson, . South Korean, The U.S . State Department, Department, Russian Defence, Reuters, Thomson Locations: Pyongyang, North Korea, Russia, Rights SEOUL, WASHINGTON, Washington, Khasan, South, China, Ukraine, Vladivostok, Moscow, Korea, The, Seoul, Tokyo, Melbourne

☆ Aung San Suu Kyi's son 'extremely worried' about his mother's health
▼ + stars: | 2023-09-12 | by ( Andrew Macaskill | ) www.reuters.com time to read: +3 min

Kim Aris, the son of Myanmar's detained former leader Aung San Suu Kyi, attends an interview at Reuters' office in London, Britain, September 11, 2023. REUTERS/Alishia Abodunde/File photo Acquire Licensing RightsLONDON, Sept 12 (Reuters) - The son of Aung San Suu Kyi, Myanmar's detained former leader, said he was "extremely worried" about his mother's health, saying she was struggling to eat and was being refused permission to see an outside doctor. Suu Kyi is facing 27 years of detention related to 14 criminal offences. In August the military pardoned Suu Kyi on five of the 19 offences for which she was convicted but said she would remain under house arrest. State media reported she had been moved from jail to house arrest shortly before.

Persons: Kim Aris, Myanmar's, Aung San, Aung San Suu Kyi, Alishia, Aung, Suu Kyi, Suu Kyi's, Suu, Aris, Andrew MacAskill, Alexandra Hudson Organizations: Reuters, REUTERS, Aris, European, Britain, Alexandra Hudson Our, Thomson Locations: Aung San Suu, London, Britain, Suu, Myanmar, United States, European Union

☆ Wells Fargo vice chairman of public affairs Daley to retire
▼ + stars: | 2023-09-07 | by ( Reuters Staff | ) www.reuters.com time to read: 1 min

Wells Fargo Bank branch is seen in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon(Reuters) - Wells Fargo said on Thursday the bank’s vice chairman of public affairs, William Daley, will retire at the end of this year.

Persons: Wells Fargo, William Daley Organizations: REUTERS Locations: Wells Fargo Bank, New York City, U.S

☆ Chinese rare earth prices hit 20-month high on Myanmar supply worry
▼ + stars: | 2023-09-07 | by ( Reuters Staff | ) www.reuters.com time to read: +3 min

BEIJING/HANOI (Reuters) -Chinese rare earth prices jumped to their highest in 20 months, as mining suspension in major producer Myanmar sparked stockpiling ahead of the peak consumption season, analysts said on Thursday. A mining machine is seen at the Bayan Obo mine containing rare earth minerals, in Inner Mongolia, China July 16, 2011. Rare earth is a prized group of 17 minerals used in consumer electronics and military equipment. Myanmar accounted for 38% of rare earth imports into China in January-July, Chinese trade data showed, while the Southeast Asian country was the fourth biggest source of rare earth mining in 2022, data by the U.S. Geological Survey showed. ($1 = 7.3275 Chinese yuan renminbi)

Persons: Stringer, Eikon, SMM, “, ”, Yang Jiawen, David Merriman, Merriman, ” Merriman, SMM’s Yang Organizations: REUTERS, Shanghai Metals, Mines, U.S . Geological Survey, Reuters Locations: BEIJING, HANOI, Myanmar, Bayan, Inner Mongolia, China, Myanmar’s Pangwa, Kachin State, Chipwi, Pangwa, Kachin, Southern China, Laos, Jiangxi province

☆ China's August exports, imports fall less than expected
▼ + stars: | 2023-09-07 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

REUTERS/Aly Song/File PhotoBEIJING (Reuters) - China’s exports fell 8.8% in August year-on-year, while imports contracted 7.3%, customs data showed on Thursday, increasing pressure on the country’s vast manufacturing sector as demand sags at home and abroad. A Reuters poll of economists had forecast a fall of 9.2% in exports and a drop of 9.0% in imports. The world’s second-largest economy risks missing Beijing’s annual growth target of about 5% as officials wrestle with a worsening property slump, weak consumer spending and tumbling credit growth, leading analysts to downgrade growth forecasts for the year. South Korean shipments to China, a leading indicator of the latter’s imports, dropped just a fifth last month, softening from a decrease of 27.5% a month earlier. China posted a trade surplus of $68.36 billion in August, compared with a forecast $73.80 billion and a July figure of $80.6 billion.

Persons: Aly Organizations: REUTERS Locations: Shanghai, China, BEIJING, Beijing

☆ Roku narrows core loss forecast, plans to trim 10% workforce
▼ + stars: | 2023-09-06 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

FILE PHOTO: The Roku company logo is displayed on a building in Austin, Texas, U.S., October 25, 2021. Roku, which faces pressure from larger streaming firms, had laid off about 400 employees, in two cycles in March and November. The San Jose, California-based company now expects adjusted core loss in the range of $40 million to $20 million for the quarter ending September. The company had earlier projected total net revenue at $815 million and adjusted core loss at $50 million for the period. Roku would also take a $45 million to $65 million charge in connection with the workforce reduction, expected to be completed in the fourth quarter.

Persons: Mike Blake Roku, Roku Organizations: Reuters, REUTERS Locations: Austin , Texas, U.S, San Jose , California

☆ Ex-Proud Boys leader to be sentenced for role in US Capitol attack
▼ + stars: | 2023-09-05 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

FILE PHOTO: Members of the far-right Proud Boys, including leader Enrique Tarrio (C), rally in support of U.S. President Donald Trump to protest against the results of the 2020 U.S. presidential election, in Washington, U.S. November 14, 2020. REUTERS/Hannah McKay/File PhotoWASHINGTON (Reuters) - A former chairman of the right-wing Proud Boys group is set to be sentenced on Tuesday for his role in the Jan. 6, 2021, assault on the U.S. Capitol by supporters of former President Donald Trump trying to overturn his election defeat. Kelly last week sentenced another far-right Proud Boys leader, Ethan Nordean, to 18 years, less than the 27 years prosecutors had sought. That prison term tied the longest handed down so far to a convicted leader of the attack, with Oath Keepers militia founder Stewart Rhodes in May also sentenced to 18 years. Five people, including a police officer, died during or shortly after the riot and more than 140 police officers were injured.

Persons: Enrique Tarrio, Donald Trump, Hannah McKay, Trump, Timothy Kelly, Kelly, Ethan Nordean, Stewart Rhodes, May, Jack Smith Organizations: REUTERS, WASHINGTON, U.S, Capitol, Republican, Prosecutors Locations: Washington , U.S, Washington, Baltimore

☆ China's exports, imports likely contracted more slowly in August: Reuters poll
▼ + stars: | 2023-09-05 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

REUTERS/Aly Song/File Photo/File PhotoBEIJING (Reuters) - China’s exports likely contracted at a slower pace in August, a Reuters poll showed on Tuesday, highlighting that manufacturers remain under pressure after outbound shipments recorded their worst performance since February 2020 last month. Imports are expected to have shrunk by 9.0%, after dropping 12.4% in July, reflecting slightly improved domestic demand. South Korean shipments to China, a leading indicator of China’s imports, dropped by just 20% last month, softening from a 25.1% fall in July. The median estimate in the poll indicated that China’s trade surplus would shrink, with analysts predicting it will come in at $73.80 billion, compared with $80.6 billion in July. China’s trade data will be released on Thursday.

Persons: Aly Organizations: REUTERS, Barclays, Nomura Locations: Shanghai, China, BEIJING

☆ China's exports, imports likely contracted more slowly in August
▼ + stars: | 2023-09-05 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

REUTERS/Aly Song/File Photo/File PhotoBEIJING (Reuters) -China’s exports likely contracted at a slower pace in August, a Reuters poll showed on Tuesday, highlighting that manufacturers remain under pressure after outbound shipments recorded their worst performance since February 2020 last month. Imports are expected to have shrunk by 9.0%, after dropping 12.4% in July, reflecting slightly improved domestic demand. But South Korean shipments to China, a leading indicator of China’s imports, dropped 27.5% last month, worsening from a 25.1% fall in July. The median estimate in the poll indicated that China’s trade surplus would shrink, with analysts predicting it will come in at $73.80 billion, compared with $80.6 billion in July. China’s trade data will be released on Thursday.

Persons: Aly Organizations: REUTERS, Barclays, Nomura Locations: Shanghai, China, BEIJING

☆ U.S. says it has not blocked chip sales to Middle East
▼ + stars: | 2023-08-31 | by ( Reuters Staff | ) www.reuters.com time to read: 1 min

FILE PHOTO: A worker miniature is placed among printed circuit boards with semiconductor chips, in this illustration picture taken July 5, 2023. REUTERS/Florence Lo/Illustration(Reuters) - A U.S. Department of Commerce spokesperson on Thursday said the Biden administration “has not blocked chip sales to the Middle East.”The comments come after artificial intelligence chip firms Nvidia and Advanced Micro Devices received notifications from U.S. officials about new export licensing requirements to ship chips to some countries in the Middle East. However, neither of those firms said whether they had yet been denied a license to send chips to those countries. The Commerce Department declined to comment on letters sent to specific companies.

Persons: Florence Lo, Biden, “ Organizations: REUTERS, U.S . Department of Commerce, Nvidia, The Commerce Department

☆ Hormel Foods cuts annual forecasts on weak China demand, adverse pork prices
▼ + stars: | 2023-08-31 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

FILE PHOTO: The company logo for Hormel Foods is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., October 9, 2019. REUTERS/Brendan McDermid/File Photo(Reuters) - Hormel Foods on Thursday cut its annual revenue and profit targets after missing quarterly results as the Skippy peanut butter maker wrestled with lower pork and turkey prices and sluggish demand in key market China. Segment profit from international operations tumbled 50% from a year earlier, with the company citing softness in China and lower branded export demand. Hormel Foods now expects annual adjusted earnings per share between $1.61 and $1.67, compared with $1.70 to $1.82 forecast earlier. The Austin, Minnesota-based company now expects a flat to 4% decline in annual net sales, compared with a rise of 1% to 3% expected earlier.

Persons: Brendan McDermid, Hormel, Tyson Foods Organizations: Hormel, New York Stock Exchange, REUTERS Locations: New York, U.S, China, Austin , Minnesota

☆ Tesla faces federal probes over secret Musk house project -WSJ
▼ + stars: | 2023-08-30 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

FILE PHOTO: Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. REUTERS/Tingshu Wang/File Photo(Reuters) - Federal prosecutors are investigating Tesla’s use of company funds on a secret project described internally as a house for Chief Executive Elon Musk, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The Journal reported in July that Tesla board members had investigated whether company resources were misused on the effort. The U.S. Securities and Exchange Commission has also opened a civil probe, the Journal reported. The probes are in their early stages and may not lead to charges, the Journal said.

Persons: Elon Musk, Tingshu Wang, Tesla Organizations: REUTERS, Chief, Wall Street, U.S, The, U.S . Securities, Exchange Commission, SEC Locations: Beijing, China, Manhattan, Austin , Texas

☆ Tesla faces federal probe over vehicle range after Reuters report -WSJ
▼ + stars: | 2023-08-30 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

(Reuters) - Federal prosecutors are looking into Tesla performance claims after Reuters reported the electric carmaker exaggerated the potential driving distance of its vehicles, the Wall Street Journal reported on Wednesday. FILE PHOTO: Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. Tesla faces many probes, including federal auto safety regulators looking at its Autopilot driver assistance product. The Journal reported in July that Tesla board members had investigated whether company resources were misused on the effort. The U.S. Securities and Exchange Commission has also opened a civil probe, the Journal reported.

Persons: Elon Musk, Tingshu Wang, Tesla Organizations: Reuters, Wall Street, REUTERS, Chief, The, U.S . Securities, Exchange Commission, SEC, Prosecutors Locations: Beijing, China, Austin , Texas, U.S, Manhattan

☆ East Timor condemns Myanmar's expulsion of top diplomat
▼ + stars: | 2023-08-27 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Soe Zeya Tun Acquire Licensing RightsJAKARTA, Aug 27 (Reuters) - Myanmar's military government has ordered East Timor's top diplomat to leave the country, the government of East Timor - a vocal critic of Myanmar's leadership - said in a statement condemning the rare action. Myanmar's government, which assumed power in a coup in 2021, has not made any announcement on the matter and a spokesperson was not immediately available for comment. East Timor politicians have been outspoken critics of Myanmar's military government and President Jose Ramos-Horta has met with a top representative from Myanmar's shadow National Unity Government (NUG), which opposes military rule. The country's charge d'affaires must leave Myanmar by Sept. 1, NUG human rights minister Aung Myo Min said on Facebook. In protest against the 2021 coup, many countries have charges d'affaires in Myanmar instead of ambassadors.

Persons: Pope Francis, Soe Zeya, Myanmar's, Jose Ramos, Aung Myo Min, Christopher Cushing Organizations: San Football, REUTERS, Rights, East, . East, National Unity Government, Facebook, Reuters, Thomson Locations: Myanmar, Yangon, Rights JAKARTA, East Timor's, East Timor, ., . East Timor, Horta

☆ Mapping the Prigozhin plane’s final flight
▼ + stars: | 2023-08-24 | by ( Reuters Staff | ) www.reuters.com time to read: 1 min

Russian authorities say mercenary chief Yevgeny Prigozhin was on board a plane which crashed on Wednesday evening north of Moscow with no survivors, two months to the day after he led an abortive mutiny against the army top brass. The aircraft, which had been travelling from Moscow to St. Petersburg, came down near the village of Kuzhenkino in the Tver Region, Russia’s emergency situations ministry said. The United States is looking at a number of theories over what brought down the plane presumed to be carrying Prigozhin, including a surface-to-air missile hitting it, U.S. officials told Reuters. Earlier on Wednesday, another jet connected to the Wagner Group — according to Wagner-linked social media channel Grey Zone — also set off from Moscow and appeared to be following the same route. It completed its journey and returned the same day.

Persons: Yevgeny Prigozhin, Wagner Organizations: Reuters, Wagner Locations: Moscow, St . Petersburg, Kuzhenkino, Tver Region, United States

☆ Tropical Storm Hilary releases fury on Southern California
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +3 min

Hilary's center was expected to move quickly across Nevada on Monday, with the storm forecast to dissipate later in the day, the weather service said. [1/5]Gushing flood water and debris are seen during Tropical Storm Hilary, in Angeles National Park, California, U.S. August 20, 2023. CALTRANS/Handout via REUTERS Acquire Licensing RightsIt crossed the border on Sunday afternoon, hitting San Diego county with its first tropical storm ever recorded and becoming the first to pelt Los Angeles county since 1939. Officials said Los Angeles county's 75,000 homeless people were especially vulnerable, as were hillside canyons and areas recently denuded by wildfires. As a precaution, the two largest school districts in the state, in Los Angeles and San Diego, canceled school on Monday.

Persons: Gavin Newsom, Los Angeles Mayor Karen Bass, Hilary, Bass, Joe Biden, I've, Sean Julian, Daniel Trotta, Clarence Fernandez Organizations: National Weather Service, Los Angeles Mayor, Park, CALTRANS, Handout, REUTERS Acquire, San Diego, U.S, Officials, Rancho Mirage, Reuters, Thomson Locations: Los Angeles, Southern California, California, Nevada, Mexico's Baja California, Mexico, Angeles, Park , California, U.S, San Bernardino county, Ventura, San Diego, Rancho

☆ U.N. humanitarian chief appeals to Myanmar generals for greater aid access
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +2 min

Martin Griffiths, the Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator, attends an interview with Reuters in Kabul, Afghanistan, January 25, 2023. REUTERS/Ali Khara/File Photo Acquire Licensing RightsAug 18 (Reuters) - The chief of the United Nations humanitarian relief agency has urged Myanmar's ruling military to allow greater access to 18 million people in need of aid, describing the situation as critical as a post-coup conflict intensifies. "Successive crises in Myanmar have left one third of the population in need of humanitarian aid," Griffiths said in a statement. Griffiths said humanitarian relief organisations were struggling with insufficient resources and urged international donors to do more, with just 22% of the annual funding requirements received by mid-year. The U.N. Human Rights report in June said the lack of aid access may amount to war crimes, while a team of U.N. investigators last week said war crimes were "increasingly frequent and brazen".

Persons: Martin Griffiths, Ali Khara, Myanmar's, Min Aung Hlaing, Griffiths, Martin Petty Organizations: Humanitarian Affairs, Emergency, Reuters, REUTERS, United Nations, Reuters Staff, Thomson Locations: Kabul, Afghanistan, Myanmar

☆ US weekly jobless claims fall as labor market remains tight
▼ + stars: | 2023-08-17 | by ( Reuters Staff | ) www.reuters.com time to read: +3 min

WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to a still tight labor market. Although the labor market is slowing, with job gains in July the second smallest since December 2020, conditions generally remain tight. The unemployment rate is at levels last seen more than 50 years ago. Labor market resilience is underpinning the economy, by driving retail sales and homebuilding. The so-called continuing claims increased 32,000 to 1.716 million during the week ending Aug. 5, the claims report showed.

Persons: Amira Karaoud Organizations: WASHINGTON, REUTERS, Labor Department, Reuters, Labor Locations: Louisville, U.S, Ohio

☆ Instant view: Russia's rouble weakens past 100 per US dollar
▼ + stars: | 2023-08-14 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

The Russian rouble fell past the psychologically key 100 per U.S. dollar threshold for the first time since March last year on Monday. FILE PHOTO: Russian rouble and U.S. dollar banknotes are seen in this illustration photo taken March 10, 2023. MICHAEL WANG, DEPUTY PORTFOLIO MANAGER, MIRABAUD ASSET MANAGEMENT“The rouble has been underperforming all this year, partly on lower oil revenues but also because of capital flight. “The rouble remains under the selling pressure in the current global environment dominated by concerns about China, which is Russia’s most important trading partner.”“The sharp fall in Russia’s current account surplus leaves the rouble more vulnerable to global sentiment. The CBR (Russian central bank) may have to raise interest rates further to cool down domestic demand and slow down imports to stabilize the rouble.”

Persons: Dado Ruvic, Vladimir Putin’s, MICHAEL WANG, TIMOTHY ASH, Nabiullina, ”, PIOTR MATYS Organizations: REUTERS, CBR Locations: Russian, Russia, POLAND, China, Russia’s

☆ Kansas newspaper says co-owner, 98, dies from stress after police search
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +3 min

Aug 13 (Reuters) - A Kansas newspaper that was searched by police said its 98-year-old co-owner died on Saturday from stress related to the incident, which free press advocates condemned as a possible violation of the Marion County Record's First Amendment rights. "Stressed beyond her limits and overwhelmed by hours of shock and grief after illegal police raids on her home and the Marion County Record newspaper office Friday, 98-year-old newspaper co-owner Joan Meyer, otherwise in good health for her age, collapsed Saturday afternoon and died at her home," the paper reported. Marion County Police also searched the newspaper office on Friday, seizing personal cell phones, computers and the newspaper server, among other equipment, the Record said. On Saturday, he issued a statement justifying the search of the newspaper. The Kansas Press Association described the search as "unprecedented" and "an assault on the very foundation of democracy."

Persons: Kari Newell, Newell, Phyllis Zorn, Joan Meyer, Meyer, Gideon Cody, Cody, Don Durfee, Lisa Shumaker Organizations: Marion County, Marion, Court, Reuters, Marion Country, Marion County Record, Medical, Marion County Police, Marion Police, U.S . Constitution, The Kansas Press Association, Freedom, Press, Associated Press, New York Times, Washington Post, Thomson Locations: Kansas, Marion, Marion County, U.S ., Washington

☆ US Steel to explore strategic alternatives after unsolicited bids
▼ + stars: | 2023-08-13 | by ( Reuters Staff | ) www.reuters.com time to read: +1 min

FILE PHOTO: Steel workers at U.S. Steel Granite City Works in Granite City, Illinois, U.S., May 24, 2018. REUTERS/Lawrence Bryant/File Photo(Reuters) -United States Steel said on Sunday it is initiating a formal review to evaluate strategic alternatives for the steel producer after receiving multiple unsolicited bids for part or all of its business. The review was begun after the steel producer received “multiple unsolicited proposals that ranged from the acquisition of certain production assets to consideration for the whole company,” CEO David Burritt said in a statement, without disclosing details about the strategic alternatives. Barclays Capital and Goldman Sachs are serving as financial advisors to U.S. Steel, while Milbank LLP and Wachtell, Lipton, Rosen & Katz are acting as legal advisors, the steel producer said. U.S. Steel also expects to complete about $75 million of repurchases of common stock in the second quarter under its existing $500 million stock buyback authorization.

Persons: Lawrence Bryant, David Burritt, Goldman Sachs, Milbank, Lipton, Katz Organizations: U.S . Steel, U.S . Steel Granite City, REUTERS, United States Steel, Barclays Capital, Milbank LLP, Wachtell, Rosen, . Steel Locations: U.S . Steel Granite, Granite City , Illinois, U.S

☆ New Cambodian cabinet to feature children of the powerful
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +2 min

Hun Manet, son of Cambodia's Prime Minister Hun Sen, looks on at the final Cambodian People's Party (CPP) election campaign for the upcoming general election in Phnom Penh, Cambodia, July 21, 2023. REUTERS/Cindy Liu/File PhotoAug 11 (Reuters) - Outgoing Cambodian Prime Minister Hun Sen has unveiled a list of people expected to feature in a new cabinet, including several sons and daughters of close allies and serving ministers. The rubber-stamp parliament is set to approve the new prime minister and cabinet on Aug. 22. While giving up the job of prime minister, Hun Sen looks set to remain engaged with government. This week, Hun Sen announced that Khuon Sodary had been designated as president of the National Assembly, the first woman to hold the position.

Persons: Hun Manet, Cambodia's, Hun Sen, Cindy Liu, Cham, Sar Sokha, Sar, Seiha, Tea, Hun Sen's, Khuon Sodary, Kanupriya Kapoor, Robert Birsel Organizations: Cambodian People's Party, REUTERS, Cambodian, World Bank, National Assembly, Reuters, Thomson Locations: Phnom Penh, Cambodia

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