News

Intervention on fleet support ships threatens to raise costs for stretched MoD

Steve Lamey suspended then dismissed over allegations of misconduct

May 9 (Reuters) - A majority of Sturm Ruger & Co investors on Wednesday voted to support a call for the gun maker to produce a report on the safety of its products, in what shareholder activists called the first victory for such a proposal.

BOSTON, May 10 (Reuters) - Wells Fargo & Co on Thursday said a cap on the bank's growth imposed by regulators after sales practices scandals would hurt earnings less than it thought this year, and forecast 2019 expenses below Wall Street expectations.

WASHINGTON, May 10 (Reuters) - President Donald Trump's administration signaled on Thursday it may reverse housing anti-discrimination protections established under Democratic former President Barack Obama that exposed companies to a broad range of legal claims under federal law.

NEW YORK, May 10 (Reuters) - A former foreign exchange trader was indicted on Thursday on a charge he conspired to rig trades, in connection with a broader probe into currency manipulation by major banks.

WASHINGTON, May 10 (Reuters) - The United States imposed sanctions on Thursday against six individuals and three companies it said were funneling millions of dollars to Iran's Islamic Revolutionary Guard's elite Quds Force, just days after President Donald Trump withdrew from the 2015 Iran nuclear deal.

PAHOA, Hawaii, May 10 (Reuters) - Hawaii residents were alerted on Thursday to rising levels of toxic gas from volcanic fissures and geologists warned that new areas east of the erupting Kilauea volcano may be at risk to lava bursting from the ground.

CAIRO, May 10 (Reuters) - Egypt will raise the price of tickets on Cairo's loss-making metro from Friday, state news agency MENA reported on Thursday, more than tripling some fares as the government looks to tighten its finances amid IMF-backed austerity measures.

May 10 (Reuters) - Mark Carney, the Canadian hailed as a rock-star central banker when he became governor of the Bank of England in 2013, has only a year to go before he leaves office. Already the race to succeed him is under way. But is this a...