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Thick sandstorms shroud Beijing and several provinces in China

BEIJING (Reuters) – Capital Beijing and several provinces in China will be affected by thick, dense sandstorms that will severely affect visibility, Chinese weather authorities said on Wednesday. The Central Meteorological Observatory issued yellow warning signals from Wednesday to early morning Thursday for Shaanxi, Shanxi, Hebei, Heilongjiang, Jilin, Liaoning, Shandong, Henan, Jiangsu, Anhui and Hubei …

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Factbox-Banking turmoil may prompt Fed to go slow on interest rate hikes

(Updates Barclays view, money market expectations) (Reuters) – Most Wall Street banks expect the U.S. Federal Reserve to hike the benchmark interest rate by 25 basis points at the end of its two-day meeting on Wednesday, while money markets are leaning toward a pause as worries about a global banking crisis mount. In a quick …

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Uganda passes a law making it a crime to identify as LGBTQ

KAMPALA (Reuters) -Uganda’s parliament passed a law on Tuesday making it a crime to identify as LGBTQ, handing authorities broad powers to target gay Ugandans who already face legal discrimination and mob violence. More than 30 African countries, including Uganda, already ban same-sex relations. The new law appears to be the first to outlaw merely …

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First Republic seeks new ways to escape unrealized losses

(Reuters) – First Republic Bank’s efforts to secure a capital infusion continued without success on Tuesday, as the troubled regional lender started to plan for the possibility it may need to downsize or get a government backstop. Major banks and private equity firms have so far balked at offering First Republic the capital infusion it …

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TikTok CEO: App has never shared US data with Chinese government

By David Shepardson WASHINGTON (Reuters) – TikTok CEO Shou Zi Chew will tell lawmakers the Chinese-owned short video app with more than 150 million American users has never, and would never, share U.S. user data with the Chinese government amid growing U.S. national security concerns. “TikTok has never shared, or received a request to share, …

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Los Angeles education strike cancels school for 420,000 students

By Alan Devall LOS ANGELES (Reuters) -Some 30,000 education workers backed by the teachers’ union walked off the job for a three-day strike in Los Angeles on Tuesday, canceling school for nearly half a million students in the second-largest school district in the United States. The Service Employees International Union Local 99 seeks to increase …

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India resists calls for more air access in drive to be global aviation force

By Aditi Shah and Tim Hepher NEW DELHI (Reuters) -India dampened foreign airline hopes for more access to its airports on Tuesday, with its aviation minister urging domestic carriers to fly long-haul and help establish new hubs as it seeks to recapture control of Indian travel from foreign rivals. It is also asking aerospace companies …

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Video shows Virginia deputies restraining Black man who died at mental hospital

By Brendan O’Brien and Brad Brooks (Reuters) -Virginia sheriff deputies and medical staffers wrestled with a handcuffed Irvo Otieno, a 28-year-old Black man, for several minutes at a state mental hospital before he died, video surveillance shows. The altercation took place on March 6 as Otieno was being admitted to Central State Hospital in Petersburg, …

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‘Winnie the Pooh’ horror film cancelled in Hong Kong

By Jessie Pang and Farah Master HONG KONG (Reuters) -The screening of “Winnie the Pooh: Blood and Honey”, a British slasher film due to be released in Hong Kong this week, has been cancelled after cinemas in the city declined to show it, its distributor said on Tuesday. VII Pillars Entertainment said it didn’t know …

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Oil rises 2% in retreat from 15-mth low as banking fears subside

By Arathy Somasekhar HOUSTON (Reuters) – Oil prices rose more than 2% on Tuesday, extending a retreat from a 15-month low hit the previous day, as the rescue of Credit Suisse allayed concerns of a banking crisis that would hurt economic growth and cut fuel demand. Measures to stabilise the banking sector, including a UBS …

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