Wall Street records its third consecutive quarterly loss with rising inflation and a looming recession

S&P 500 records biggest September percentage drop in 20 years All three major US stock indexes have fallen in three quarters Core inflation data is hotter than expected Indices down: Dow 1.71%, S&P 1.51%, Nasdaq 1.51% NEW YORK (Reuters) – The Standard & Poor’s 500 Index on Friday closed its biggest September drop in two … Read more

Exclusive: Europe braces for mobile network outage

PARIS / STOCKHOLM / MILAN (Reuters) – Cell phones would be unimaginable in Europe this winter if blackouts or power rationing disrupted parts of mobile phone networks across the region. Russia’s decision to halt gas supplies through Europe’s main supply route in the wake of the conflict in Ukraine has increased the chances of an … Read more

Exclusive Twitter brands post ads next to child pornography accounts

Sept 28 (Reuters) – Some major advertisers including Dyson, Mazda, Forbes and PBS Kids have halted their marketing campaign or removed their ads from parts of Twitter because their promotions appeared alongside tweets urging child pornography, the companies told Reuters. Brands ranging from The Walt Disney Company (DIS.N)NBCUniversal (CMCSA.O) The Coca-Cola Company (KO.N) Children’s Hospital … Read more

Italy’s election winners target an era of political stability

Register now to get free unlimited access to Reuters.com Register The right-wing bloc will have a clear majority in both houses Meloni will be the country’s first female prime minister The leader of the association says the government will be stable The government is not expected to be sworn in for a few weeks Record … Read more

Storm Fiona wreaks havoc on Canada’s east coast, wreaking ‘terrifying’ devastation

STEPHENVILLE, Newfoundland, Sept. 24 (Reuters) – Powerful storm Fiona swept through eastern Canada on Saturday with hurricane-force winds, forcing evacuations, knocking down trees and power lines, turning many homes on the coast into “just a pile of rubble in the area.” Ocean.” The US National Hurricane Center (NHC) said the storm’s center, which has been … Read more

Exclusive: Biden hits China with broader restrictions on exports of US chips and gadgets

Semiconductor chips are seen on a computer circuit board in this illustrative photo taken on February 25, 2022. REUTERS/Florence Law/Illustration/file photo Register now to get free unlimited access to Reuters.com Register Next month, several people familiar with the matter said, the Biden administration plans to expand restrictions on US shipments to China of semiconductors used … Read more