Dollar extends gains after manufacturing data; Aussie dollar lags - Reuters
* Graphic: World FX rates in 2020 tmsnrt.rs/2RBWI5E
By Eimi Yamamitsu
TOKYO, Sept 2 (Reuters) - The dollar bounced off two-year lows on Wednesday as U.S. data pointed to a firm manufacturing activity, while the euro retreated from its highest levels since 2018 on profit-taking.
Economic data published on Tuesday showed U.S. manufacturing activity accelerated to a nearly two-year high in August amid a surge in new orders,
Trump administration sending rapid COVID tests to states, CDC bars evictions - Reuters
(Reuters) - The Trump administration will send most of its newly purchased 150 million rapid COVID-19 tests to U.S. states for schools and critical services, a White House official said on Tuesday, as New York City pushed back reopening classrooms in a deal with union leaders.
Oil drops 1.5%, reversing course as U.S. gasoline demand slumps - Reuters
NEW YORK (Reuters) - Oil fell more than 1.5% on Wednesday, reversing course as gasoline demand fell in the United States in the latest week, an indication that economic recovery from the pandemic may be slower than expected.
Futures prices turned negative after weekly government data from the U.S
Cambodia's Khmer Rouge executioner turned born-again Christian, Duch, dies - Reuters
PHNOM PENH (Reuters) - The Khmer Rouge commander known as Comrade Duch, Pol Pot’s main executioner and security chief who oversaw the murder of at least 14,000 Cambodians at the notorious Tuol Sleng prison, died on Wednesday. He was 77.
Kaing Guek Eav, or Comrade Duch, was the first member of the Khmer Rouge leadership to face trial for his role in a regime blamed for at least 1.7 million deaths in the “killing fields” of Cambodia from 19
Baker McKenzie lays off lawyers, staffers in North America - Reuters
Baker McKenzie, the largest law firm in the U.S. by attorney head count and one of the highest-grossing firms in the world, is cutting a swath of its workforce in North America, the firm confirmed Tuesday.
The layoffs, which include lawyers, other timekeepers and staff professionals, come as Baker McKenzie and its clients navigate the economic effects of the ongoing pandemic. The firm has 850 lawyers in the U.S. and Canada and 150 lawyers in Mexico, according to its
Alabama power regulators bless power co's fee on solar panels - Reuters
Alabama power regulators on Tuesday dismissed a challenge by environmental groups and state residents to a $5 per kilowatt per month fee that public utility Alabama Power Company levies on customers who use solar panels or other means to generate their own electricity on site.
The Alabama Public Service Commission’s three commissioners unanimously voted to toss the challenge by customers and environmental group Gasp, saying complainants did not provide persuasive evidence to back their argument the fee is unreasonable and unlawful under state law.
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Dating app Bumble preparing for an IPO above $6 billion: Bloomberg News - Reuters
(Reuters) - Dating app Bumble is preparing for an initial public offering (IPO), and could seek a valuation of $6 billion to $8 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Bumble's IPO could come early next year, the report
Cooley picks up DLA Piper privacy and cybersecurity co-chair to lead practice in Europe - Reuters
Cooley has brought on Patrick Van Eecke, former co-chair of DLA Piper’s global data privacy and cybersecurity practice, as a partner in its Brussels office, which launched last year in a bid to boost the firm’s presence in Europe.
Van Eecke, who joins as head of Cooley’s European cybersecurity, privacy and data practice and vice chair of the global practice, brings with him a team of data protection professionals, the firm said in its Tuesday announcement.
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U.S. seeks Mexico talks over perishable imports in bid to bolster U.S. farmers - Reuters
WASHINGTON (Reuters) - The Trump administration on Tuesday announced plans to seek senior-level talks with Mexico over imports of perishable fruits and vegetable as part of a broader series of actions meant to bolster U.S. farmers, raising the possibility of future tariffs.
U.S. seeks Mexico talks over perishable imports in bid bolster U.S. farmers-USTR - Reuters
WASHINGTON, Sept 1 (Reuters) - The Trump administration on Tuesday announced plans to seek senior-level talks with Mexico over imports of perishable imports as part of a broader series of actions meant to bolster U.S. farmers.
The Office of the U.S. Trade Representative also will request that the International Trade Commission initiate a Section 201 global safeguard investigation to review “the extent to which increased imports of blueberries have caused serious injury to domestic blueberry growers.”
"President (Donald) Trump recognizes