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People walk past a Woolworths supermarket following the easing of restrictions implemented to curb the spread of the coronavirus disease (COVID-19) in Sydney, Australia, June 16, 2020. A day earlier, Coles said a cost blowout sent its underlying annual profit lower. Woolworths said its earnings margin from food was 6% in the year to end-June, from 5.3% a year earlier. The company gave no profit guidance except that growth in Australian food sales, its main earnings driver, remained strong although inflation was moderating. "We think the result will be taken well in the context of yesterday’s weaker result from Coles," Citi analysts said.

Persons: Loren Elliott, Coles, Brad Banducci, Jim Stanford, Byron Kaye, Nausheen, Archishma Iyer, Krishna Chandra Eluri, Stephen Coates, Muralikumar Organizations: Woolworths, REUTERS, JPMorgan, Macquarie Group, Citi, Centre, Future, Australia Institute, Thomson Locations: Sydney, Australia, Coles, Bengaluru

A Subway sandwich shop logo is pictured in the Manhattan borough of New York February 14, 2014. These conditions, known as an earn-out, defer payment on part of the deal consideration, the sources said. The Wall Street Journal reported on Monday that Roark Capital was nearing a deal to buy Subway for about $9.6 billion. A spokesperson for Subway declined to comment, while representatives for Roark and TDR did not immediately respond to requests for comment. Roark controls Inspire Brands, owner of the Jimmy John's, Arby’s, Baskin-Robbins, Buffalo Wild Wings, Dunkin’, Rusty Taco and SONIC Drive-In chains.

Persons: Carlo Allegri, Roark, DeLuca, Buck, John's, TDR, Sycamore, Goldman Sachs, Fred DeLuca, Peter Buck, Jimmy John's, Dunkin ’, Rusty Taco, Jimmy John’s, Abigail Summerville, Anirban Sen, Greg Roumeliotis Organizations: REUTERS, TDR, Sycamore Partners, Goldman Sachs, Subway, Street, Roark Capital, Goldman, Inspire Brands, Baskin, Robbins, Buffalo Wild Wings, Thomson Locations: Manhattan, New York, TDR Capital, Bridgeport , Connecticut, The Milford , Connecticut, U.S, Champaign , Illinois

[1/2] A general view shows the brine pools of Albemarle Chile lithium plant placed on the Atacama salt flat, Chile, May 4, 2023. "It seems like the cheapest way to get lithium units is via the drill bit," said analyst Kaan Peker of RBC in Sydney. "Even though battery chemistry is evolving and impacting certain metals, lithium is a mainstay and the demand story remains robust. The battery metals landscape, and lithium in particular, looks poised for further M&A activity,” said Gavi Friedland, head of metals and mining at Goldman Sachs in Australia & New Zealand. Mineral Resources is deciding whether to build an Australian lithium battery chemical plant, while Albemarle is expanding production at its Kemerton hydroxide plant and SQM is also building a lithium hydroxide plant.

Persons: Ivan Alvarado, acquirers, Kaan, ”, Gavi Friedland, Goldman Sachs, Guy Alexander, Buyers, Japan's Idemitsu, Delta, Tony Chong, Squire Patton Boggs, Jakob Stausholm, Stausholm, Dale Henderson, Melanie Burton, Veronica Brown Organizations: REUTERS, Chile, Albemarle Corp, RBC, Develop, Mineral Resources, Metals, Minerals, Liontown Resources, Climate Capital, Consultancy, EV, Goldman, New Zealand, Resources, Tinto, Patriot Metals, Canada, Reuters, Thomson Locations: Albemarle Chile, Chile, MELBOURNE, Australia, Sydney, Andover, Albemarle, Perth, China, U.S, Canada, Quebec

☆ Japan PM to meet fishing industry leaders over Fukushima water
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +2 min

Japan's Prime Minister Fumio Kishida visits the tsunami-crippled Fukushima Daiichi nuclear power plant in Okuma town, Fukushima prefecture, Japan August 20, 2023, in this photo released by Kyodo. Mandatory credit Kyodo via REUTERS Acquire Licensing RightsTOKYO, Aug 21 (Reuters) - Japanese Prime Minister Fumio Kishida will on Monday meet fishing industry representatives in a bid to convince them of the safety of treated radioactive water due to be released from the wrecked Fukushima nuclear power plant into the sea. The water has been treated to remove most radioactive elements except for tritium, a hydrogen isotope that must be diluted because it is difficult to filter. Despite such assurances, the prospect of more than a million tons of water being pumped into the Pacific from the nuclear plant owned by Tokyo Electric Power Company (9501.T) has raised alarm. Japanese Industry Minister Yasutoshi Nishimura is due to meet the same fishing industry leaders before the Kishida meeting.

Persons: Fumio Kishida, Yasutoshi Nishimura, Satoshi Sugiyama, Elaine Lies, Muralikumar Organizations: Japan's, Kyodo, REUTERS Acquire, Rights, International Atomic Energy Agency, IAEA, Tokyo Electric Power Company, Citizens, Japanese Industry, Thomson Locations: Okuma, Fukushima prefecture, Japan, Tokyo, China, South Korea

☆ DuPont to sell Delrin resins unit to PE firm for around $1.8 bln - Bloomberg News
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +1 min

A logo is pictured outside of Dupont offices in Geneva, Switzerland, April 15, 2021. REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsAug 20 (Reuters) - Materials and chemicals maker DuPont De Nemours Inc (DD.N) is in advanced talks to sell its Delrin resins unit to private equity firm The Jordan Company for about $1.8 billion, Bloomberg News reported on Sunday, citing people familiar with the matter. Jordan Company could announce the deal as soon as this week, the report said, adding that no final decision has been made and that talks could still fall apart. Lone Star and Platinum Equity were the other bidders for the assets, Bloomberg News had reported earlier in the month. Dupont and Jordan Company did not immediately respond to Reuters' request for comment.

Persons: Denis Balibouse, Delrin, Dupont, Gokul Pisharody, Kanjyik Ghosh, Muralikumar Anantharaman, Christopher Cushing Organizations: REUTERS, DuPont De Nemours Inc, Jordan Company, Bloomberg, Lone Star, Equity, Bloomberg News, DuPont, Reuters, Thomson Locations: Dupont, Geneva, Switzerland, Bengaluru

☆ SingTel Q1 profit slumps 23% on unfavourable currency move, high costs
▼ + stars: | 2023-08-20 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Edgar Su/File Photo Acquire Licensing RightsAug 21 (Reuters) - Singapore Telecommunications (STEL.SI) reported on Monday a 23% decline in first-quarter net profit, citing the one-off impact at Bharti Airtel (BRTI.NS) in Nigeria as the naira depreciated sharply against the U.S. dollar, as well as high costs. Singapore Telecommunications (SingTel), Southeast Asia's largest telecoms company, owns an effective 29.5% stake in India's Bharti Airtel. SingTel said in a statement net profit for the quarter ended June 30 was S$483 million ($355.91 million), compared with S$628 million a year earlier. On an underlying basis, net profit for the quarter gained 14.5% to S$571 million. SingTel also recorded a 2.7% decline in its first-quarter operating revenue to S$3.49 billion, hurt by currency exchange headwinds and competition.

Persons: Edgar Su, SingTel, Yuen Kuan, Sameer Manekar, Upasana Singh, Muralikumar Organizations: REUTERS, Singapore Telecommunications, Bharti Airtel, U.S ., Optus, Thomson Locations: Singapore, Nigeria, Nigerian, Australia, Bengaluru

☆ Morning Bid: Rattled by the China and Fed double whammy
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +3 min

Underwhelming economic data, along with the ever-deepening property crisis, have unnerved investors and taken Asian stocks to their lowest since November. Zhongzhi Enterprise Group told investors that it was facing a liquidity crisis and will conduct a debt restructuring, two sources told Reuters. European stocks have been hamstrung too, with the pan-European STOXX 600 index (.STOXX) touching a one-month low on Wednesday and eyeing a lower open on Thursday. But it's important to remember that July's meeting came before a raft of U.S. data that underscored the resilient economy. England will face Spain on Sunday, looking to add a world title to last year's European Championship triumph.

Persons: Ankur Banerjee, Zhongzhi, Muralikumar Organizations: Silicon Valley Bank, Credit Suisse, REUTERS, Staff, Zhongzhi Enterprise Group, Reuters, International Trust Co, U.S, Federal, Traders, Australia, Reuters Graphics Reuters, Thomson Locations: Frankfurt, Silicon, Germany, Ankur, Asia, China, England, Spain, Croatia, Singapore

☆ Asian stocks hit 9-month lows on worries over China economy, US rates
▼ + stars: | 2023-08-17 | by ( Ankur Banerjee | ) www.reuters.com time to read: +4 min

Losses were broad-based across Asia Pacific on Thursday, with Japan's Nikkei (.N225) and Australia's S&P/ASX 200 index (.AXJO) down 1%. "Some participants" cited the risks to the economy of pushing rates too far even as "most" policymakers continued to prioritise the battle against inflation. The U.S. central bank hiked rates by 25 basis points at the July meeting after standing pat in June. The rising yields lifted the dollar, with the dollar index , which measures the U.S. currency against six rivals, touching a two-month peak of 103.58 as investors sought safety. Worries over China and the trajectory of the U.S. interest rates also rattled the commodities market, with oil prices dropping for the fourth straight session.

Persons: Issei Kato, HSI, Taylor Nugent, Jerome Powell, Shunichi Suzuki, Brent, Ankur Banerjee, Muralikumar Organizations: REUTERS, Rights, Federal Reserve, Asia Pacific, Japan's Nikkei, NAB, ING, Finance, Thomson Locations: Tokyo, Japan, Asia, Pacific, China, U.S

An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. Brent crude futures were up 8 cents, or 0.1%, at $83.53 a barrel by 0245 GMT, after initially falling 0.5%. Higher interest rates increase borrowing costs for businesses and consumers, which could slow economic growth and reduce oil demand. "Crude prices are going to struggle here as we have bearish sentiment in the world's two largest economies," said Edward Moya, an analyst at OANDA. Reporting by Katya Golubkova; Editing by Sonali Paul and Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

Persons: Tina Teng, Teng, Edward Moya, Katya Golubkova, Sonali Paul, Muralikumar Organizations: REUTERS, Rights, Brent, U.S . West Texas, CMC Markets, Traders, U.S, U.S . Federal, OANDA, Thomson Locations: Zhoushan, Zhejiang province, China, U.S, OPEC, China's, U.S .

☆ Messi magic continues as Inter Miami reach Leagues Cup final
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +1 min

[1/5] Aug 15, 2023; Chester, PA, USA; Inter Miami CF forward Lionel Messi (10) misses a shot against the Philadelphia Union the second half at Subaru Park. Mandatory Credit: Bill Streicher-USA TODAY Sports Acquire Licensing RightsAug 15 (Reuters) - Lionel Messi notched his ninth goal in six matches as Inter Miami crushed Philadelphia Union 4-1 to reach the Leagues Cup final on Tuesday. Philadelphia, who made the MLS Cup final last year and have a dominant record at home, were poised to be Miami's biggest test since the latter added the Argentinean striker to their roster last month. Miami will face either CF Monterrey or Nashville SC, who play later on Tuesday, in Saturday's Leagues Cup final, Miami's first final appearance in club history. The win also mean Miami will play in their first ever CONCACAF Champions League next year.

Persons: Lionel Messi, Bill Streicher, Josef Martinez, Serhiy Kryvtsov, Messi, Martinez, Andre Blake, Jordi Alba, Alejandro Bedoya, David Ruiz, Miami's, Rory Carroll, Muralikumar Organizations: Inter Miami CF, Philadelphia Union, Subaru Park, Inter Miami, Philadelphia, Leagues, MLS, Miami, Union, CF Monterrey, Nashville SC, Saturday's Leagues, CONCACAF Champions League, Thomson Locations: Chester , PA, USA, Philadelphia, Miami, Los Angeles

Shares of dedicated EV maker VinFast, which merged with special purpose acquisition company (SPAC) Black Spade, surged on their Nasdaq debut on Tuesday. Other EV SPAC deals, including Lucid (LCID.O), which Black Spade used as the basis of its initial $23 billion valuation of VinFast, have seen their shares tumble after listing. Lucid is valued now at under $15 billion, nearly 40% less than its $24 billion SPAC valuation in 2021. Through the first seven months, it has sold over 16,000, including its sales in Vietnam. The Tesla Model Y is almost $7,000 cheaper than VinFast's VF8 after including federal subsidies.

Persons: Stephane Mahe, Black Spade, Pham Nhat Vuong, David Mansfield, Le, Thuy, VinFast, Vuong, Mansfield, AlixPartners, Tesla, Kevin Krolicki Organizations: REUTERS, Rights, Nasdaq, Ford, General Motors, Tesla, VinFast, VinFast's, EV, U.S ., Thomson Locations: Paris, France, Rights HANOI, U.S . West Coast, Vietnam, United States, Haiphong, North Carolina, China

☆ Pakistan pacer Riaz announces international retirement
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +1 min

Cricket - ICC Cricket World Cup - Pakistan v Bangladesh - Lord's, London, Britain - July 5, 2019 Pakistan's Wahab Riaz looks dejected after being bowled out by Bangladesh's Mohammad Saifuddin Action Images via Reuters/Paul Childs/File Photo Acquire Licensing RightsAug 16 (Reuters) - Pakistan's Wahab Riaz has retired from international cricket, drawing the curtain on a 15-year career, the left-arm fast bowler announced on Wednesday. Wahab, who made his debut in 2008, has 83 wickets in 27 tests, 120 wickets in 91 one-day internationals and 34 wickets in 36 Twenty20s. The 38-year-old said he will continue to play franchise cricket. "It has been an honour and a privilege to represent Pakistan on the international stage. Reporting by Pearl Josephine Nazare in Bengaluru; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

Persons: Pakistan's Wahab Riaz, Bangladesh's Mohammad, Paul Childs, Wahab, Riaz, Pearl Josephine Nazare, Muralikumar Organizations: Cricket, ICC Cricket, Pakistan, Thomson Locations: Pakistan, Bangladesh, London, Britain, Bengaluru

A view of logo of New Development Bank (NDB) at its headquarters in Shanghai, China July 10, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsJOHANNESBURG, Aug 15 (Reuters) - The development bank founded by the so-called BRICS countries closed the auction for its first South African rand bonds on Tuesday, as it comes under pressure to boost its local currency fundraising and lending. The South African bond market has struggled in recent years to attract new issuers to match growing demand from domestic investors looking for quality credit assets. The most recent comparable South African government bonds were a 4.5-year bond priced at Jibar +90 bps and a seven year priced at Jibar +120 bps, said Raphi Rootshtain, a portfolio manager at Sasfin Wealth. The bond sale was arranged by Standard Bank, which declined to comment, and Absa Bank.

Persons: Aly, Leslie Maasdorp, Raphi Rootshtain, Rootshtain, Kumeshen Naidoo, Rachel Savage, Josie Kao Organizations: New Development Bank, REUTERS, Rights, Reuters, Sasfin, State Owned Companies, Standard Bank, Absa Bank, Thomson Locations: Shanghai, China, Rights JOHANNESBURG, Brazil, Russia, India, South Africa, Johannesburg, Absa

Construction workers take a nap in front of a wall of a construction site during their lunch break in Beijing, China, May 5, 2015. REUTERS/Kim Kyung-Hoon /File PhotoAug 15 (Reuters) - China suspended publication of its youth jobless data on Tuesday, saying it needed to review the methodology behind the closely watched benchmark, which has hit record highs in one of many warning signs for the world's second-largest economy. Fu Linghui, a spokesman for the National Bureau of Statistics (NBS), said the release of data would be suspended while authorities look to "optimise" collection methods. "The declining availability of macro data may further weaken global investors' confidence in China," said Ting Lu, chief China economist at Nomura, adding that youth unemployment was expected to have risen in July. The most recent NBS data on youth unemployment, published last month, showed the jobless rate jumping to a record high of 21.3% in June.

Persons: Kim Kyung, Fu Linghui, Fu, Ting Lu, Tuesday's, Laurie Chen, Albee Zhang, Muralikumar Anantharaman, Sam Holmes, Gerry Doyle Organizations: REUTERS, National Bureau of Statistics, Nomura, China News Service, Thomson Locations: Beijing, China, Weibo

☆ Tesla launches new and cheaper Model S and X cars in US
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: +1 min

The logo of car manufacturer Tesla is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann/File PhotoCompanies Tesla Inc FollowAug 14 (Reuters) - Tesla (TSLA.O) introduced new standard range Model S and Model X cars in the United States, priced cheaper than the other versions of the S and X models, the automaker's website showed on Monday. The new S and X models were priced at $78,490 and $88,490, respectively, the website showed. The company delivered 19,225 Model X and S vehicles in the second quarter compared to 16,162 vehicles it delivered last year. Reporting by Mrinmay Dey in Bengaluru; Editing by Rashmi Aich and Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

Persons: Arnd, Tesla, Mrinmay Dey, Rashmi Aich Organizations: REUTERS, Thomson Locations: Bern, Switzerland, United States, China, U.S, Bengaluru

☆ Evergrande NEV shares set to open sharply higher after share sale to NWTN
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: 1 min

A view of the electric vehicle (EV) factory of China Evergrande New Energy Vehicle Group in Tianjin, China October 20, 2021. REUTERS/Yilei SunHONG KONG, Aug 15 (Reuters) - Shares of China Evergrande New Energy Vehicle Group (0708.HK)(NEV) are set to open 14.7% higher on Tuesday, after the company said it has agreed to sell new shares to U.S.-listed NWTN (NWTN.O) for $500 million. After completion of the deal, NWTN, a mobility technology company, will hold about a 27.5% stake in NEV.($1 = 7.8205 Hong Kong dollars)Reporting by Clare Jim; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

Persons: Clare Jim, Muralikumar Organizations: Energy Vehicle Group, REUTERS, HK, U.S, Thomson Locations: China, Tianjin, HONG KONG, NEV, Hong Kong

☆ China stats bureau sees no deflation risks, plays down property woes
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: 1 min

A customer shops for vegetables at a wet market in Beijing, China August 10, 2023. REUTERS/Yew Lun TianBEIJING, Aug 15 (Reuters) - There is no deflation in China and there will be no deflation in the future, a spokesman of China's statistics bureau said on Tuesday. China's economic recovery faces challenges, National Bureau of Statistics spokesperson Fu Linghui told a press conference in Beijing. Still, the bureau expects a decline in producer price index to moderate further, according to Fu. Fu also said that risks for property developers could be gradually resolved due to policy optimisation.

Persons: Lun Tian, Fu Linghui, Fu, Muralikumar Organizations: REUTERS, National Bureau of Statistics, Beijing, Thomson Locations: Beijing, China, Lun Tian BEIJING

☆ Japan's Suzuki: Not targeting absolute levels on FX intervention
▼ + stars: | 2023-08-15 | by ( Tetsushi Kajimoto | ) www.reuters.com time to read: +3 min

"It's important for the currency market to move stably reflecting fundamentals. "We're watching market moves with a strong sense of urgency. We'll respond appropriately to excessive moves." Japan will assess whether moves are speculative, volatile or based on fundamentals, rather than focusing on absolute levels, Suzuki added. Japan's top forex diplomat Masato Kanda said later on Tuesday that he would take appropriate steps against excessive currency moves, according to the Jiji news agency.

Persons: Shunichi Suzuki, Shuji, Suzuki, Japan's, Masato Kanda, Jiji, Tetsushi Kajimoto, Kantaro Komiya, Jacqueline Wong, Muralikumar Anantharaman, Sharon Singleton Organizations: Toki, Japanese Finance, U.S, Bank of, Thomson Locations: Niigata, Japan, TOKYO, U.S . Federal, Bank of Japan

People walk to a Royal Canadian Air Force transport plane while being evacuated from an approaching wildfire in Hay River, Northwest Territories, Canada August 14, 2023. “We are working closely with the Government of the Northwest Territories to ensure communities have the support they need," Canadian federal Emergency Preparedness Minister Harjit Sajjan said in a statement. Yellowknife is the capital of the Northwest Territories and sits 450 km (280 miles) south of the Arctic Circle. Over the weekend, residents of most communities in the South Slave region of the Northwest Territories, situated along the Alberta border, were ordered to evacuate. Northwest Territories has so far had 265 wildfires this year, much higher than its 10-year annual average of 185.

Persons: Harjit Sajjan, Rebecca Alty, Ismail Shakil, Jyoti Narayan, David Ljunggren, Alistair Bell Organizations: Royal Canadian Air Force, Canadian Forces, REUTERS Acquire, Canada's Northwest Territories, Government of, Emergency Preparedness, Northwest, CBC News, Thomson Locations: Hay River, Northwest Territories, Canada, City, Yellowknife Follow OTTAWA, Yellowknife, Alberta, Enterprise, Territories, Ottawa, Bengaluru

☆ Abdominal strain forces Murray out of Cincinnati
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: +1 min

Aug 15 (Reuters) - Andy Murray pulled out of the Cincinnati Open late on Monday as the Briton continues to recover from an abdominal strain in a bid to compete in the U.S. Open that begins later this month. Murray, 36, withdrew from last week's Canadian Open before his round of 16 clash with eventual champion Jannik Sinner due to the issue he picked up after spending nearly five hours on court in wins over Lorenzo Sonego and Max Purcell. The three-times Grand Slam champion and former world number one travelled to Cincinnati where he hoped to be fit in time to face Russian Karen Khachanov but he will now be replaced by a lucky loser, men's tennis governing body ATP said. Murray is currently number 36 in the world - his highest ranking since hip resurfacing surgery in 2019 - and was named in Britain's Davis Cup team for their Finals group stage ties that will take place after the Aug. 28-Sept. 10 U.S. Open. Reporting by Shrivathsa Sridhar in Bengaluru; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

Persons: Andy Murray, Murray, Jannik, Lorenzo Sonego, Max Purcell, Karen Khachanov, Shrivathsa Sridhar, Muralikumar Organizations: Cincinnati, Briton, U.S ., ATP, Britain's Davis, Thomson Locations: Cincinnati, Britain's, Bengaluru

☆ Auger-Aliassime snaps losing streak with win over Berrettini in Cincinnati
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: +2 min

Aug 14, 2023; Mason, OH, USA; Matteo Berrettini (ITA) runs up the court for a return to Félix Auger-Aliassime (CAN) (not pictured) during the Western & Southern Open at Lindner Family Tennis Center. Mandatory Credit: Carter Skaggs-USA TODAY SportsAug 14 (Reuters) - Felix Auger-Aliassime ended a five-match losing streak with a come from behind 4-6 6-2 6-3 victory over Matteo Berrettini at the Cincinnati Open on Monday to set up a second round clash with Adrian Mannarino. The 23-year-old beamed a broad smile when Berrettini's forehand went long on match point, grateful for the bright spot in a thus far disappointing 2023 campaign. The 12th seeded Auger-Aliassime will look to keep his winning ways going in his first ever meeting with Frenchman Mannarino in the second round. Reporting by Rory Carroll in Los Angeles; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

Persons: Matteo Berrettini, Félix, Carter Skaggs, Felix Auger, Aliassime, Adrian Mannarino ., Auger, I've, Frenchman Mannarino, Australia's Jordan Thompson, American John Isner, Isner, Finland's Emil Ruusuvuori, Nicolas Jarry of, Rory Carroll, Muralikumar Organizations: & Southern, Lindner, Tennis Center, USA, Cincinnati, U.S, Thomson Locations: Mason, OH, USA, Nicolas Jarry of Chile, Los Angeles

☆ Hunter Biden's lawyers say US prosecutors reneged on plea deal
▼ + stars: | 2023-08-14 | by ( Jack Queen | ) www.reuters.com time to read: +2 min

Hunter Biden, son of U.S. President Joe Biden, departs federal court after a plea hearing on two misdemeanor charges of willfully failing to pay income taxes in Wilmington, Delaware, U.S. July 26, 2023. REUTERS/Jonathan Ernst/File PhotoAug 14 (Reuters) - Lawyers for Hunter Biden said in a late Sunday court filing that prosecutors reneged on a plea deal that would have resolved tax and firearms charges against the U.S. president’s son as his father seeks reelection. Delaware federal prosecutors said on Friday that Hunter Biden may be headed for a criminal trial after plea negotiations broke down. U.S. District Judge Maryellen Noreika rejected a proposed plea deal in July, raising concerns over its legality and the scope of immunity it offered Hunter Biden. If the case goes to trial, the president would be campaigning for reelection in November 2024, likely against former president Donald Trump, as his son faces criminal prosecution.

Persons: Hunter Biden, Joe Biden, Jonathan Ernst, president’s, Maryellen Noreika, impeaching Biden, General Merrick Garland, David Weiss, Donald Trump, Trump, Abinaya, Jack Queen, Muralikumar Anantharaman, Robert Birsel Organizations: REUTERS, U.S, District, of Justice, Delaware U.S, Republican, Thomson Locations: Wilmington , Delaware, U.S, Delaware, Bengaluru, New York

☆ Hunter Biden lawyer says US prosecutors reneged on plea deal - court filing
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: 1 min

Aug 13 (Reuters) - The legal counsel for U.S. President Joe Biden's son Hunter Biden said late Sunday that prosecutors reneged on a "previously agreed-upon plea agreement". On Friday, U.S. Special Counsel David Weiss said Hunter Biden may be headed for a criminal trial and that talks between the two sides have broken down. Reporting by Abinaya Vijayaraghavan in Bengaluru; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden's, Hunter Biden, David Weiss, Abinaya, Muralikumar Organizations: Thomson Locations: Bengaluru

☆ Fire at Russian gas station kills 25, injures 66
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +1 min

Aug 15 (Reuters) - A fire at a gas station in the southern Russian region of Dagestan killed 25 people including three children, Interfax news agency reported early on Tuesday citing regional emergency medics. The fire started at an auto repair shop on the roadside of a highway in Dagestani capital Makhachkala on Monday night and caused blasts spreading to a nearby gas station, officials said. Rescuers work to put out a fire at the accident scene following an explosion at a gas station in the city of Makhachkala, Russia, August 14, 2023. The number of people injured rose to 66, 10 of whom are in a critical condition, RIA news agency said quoting the Russian deputy health minister Vladimir Fisenko. Thirteen of the wounded are children, Interfax reported citing the Dagestani health ministry.

Persons: Vladimir Fisenko, Maria Tsvetkova, Maxim Rodionov, Chris Reese, Muralikumar Organizations: Reuters, Russian Emergencies Ministry, TASS, Thomson Locations: Russian, Dagestan, Dagestani, Makhachkala, Russia, Republic of Dagestan, Handout

☆ Fire at Russian gas station kills 27, injures 66
▼ + stars: | 2023-08-14 | by ( ) www.reuters.com time to read: +1 min

Aug 15 (Reuters) - A fire at a gas station in the southern Russian region of Dagestan killed at least 27 people including three children, Interfax news agency reported early on Tuesday citing regional emergency medics. The fire started at an auto repair shop on the roadside of a highway in Dagestani capital Makhachkala on Monday night and caused blasts as it spread to a nearby gas station, officials said. Rescuers work to put out a fire at the accident scene following an explosion at a gas station in the city of Makhachkala, Russia, August 14, 2023. At least 66 people were injured, of whom 10 were in a critical condition, Russian deputy health minister Vladimir Fisenko said giving an update on casualties, RIA news agency reported. Thirteen of the wounded were children, Interfax reported citing the Dagestani health ministry.

Persons: Vladimir Fisenko, Maria Tsvetkova, Maxim Rodionov, Chris Reese, Muralikumar Anantharaman, Simon Cameron, Moore Organizations: Reuters, Russian Emergencies Ministry, TASS, Thomson Locations: Russian, Dagestan, Dagestani, Makhachkala, Russia, Republic of Dagestan, Handout

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