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08/16/2022 | 06:00am EDT

Here are the top stories and upcoming coverage plans for Reuters text service as of 10:00 A.M. GMT/6:00 A.M. ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect https://www.reutersconnect.com/planning.




Explosions shake Russian-held Crimea, Ukraine hints at role

KYIV, Aug 16 (Reuters) - Explosions rocked an ammunition depot and disrupted trains in Russian-annexed Crimea on Tuesday, the latest such incident in a region Moscow uses as a supply line for its war in Ukraine.


Kenya braces for legal battle after Ruto declared president-elect

KISUMU/NAIROBI, Aug 16 (Reuters) - Kenya braced on Tuesday for a protracted legal battle after William Ruto was declared the victor in a closely fought presidential race over the objections of more than half the electoral commission, stoking fears of political violence.



U.S. Justice Dept opposes revealing evidence supporting search of Trump's home

WASHINGTON, Aug 15 (Reuters) - The U.S. Justice Department on Monday said it opposes unsealing the affidavit that prosecutors used to obtain a federal judge's approval to search former President Donald Trump's Florida home, where they seized classified documents.


Activist investor Elliott sells down remaining SoftBank stake -FT

Activist investor Elliott Management has sold almost all its remaining shares in SoftBank Group Corp after previously investing as much as $2.5 billion, the Financial Times said on Tuesday, citing unidentified sources.



German investor morale dips on inflation angst, energy woes

BERLIN, Aug 16 (Reuters) - German investor sentiment fell slightly in August on concerns that the rising cost of living will hit private consumption in Europe's largest economy, which is on the brink of recession.


UK labour market shows more sign of cooling

LONDON, Aug 16 (Reuters) - Britain's super-hot labour market showed signs of cooling in official data published on Tuesday, as businesses became more cautious about hiring and workers suffered a record fall in their basic wages when adjusted for soaring inflation.



Bionic hand can be updated with new gestures, anytime, anywhere

LEEDS, England, Aug 16 (Reuters) - Australian swimmer Jessica Smith has had an uneasy relationship with prosthetics since a childhood accident, but her convictions are being challenged by a British bionic hand that can be updated remotely anywhere in the world.


Bill Gates urges S.Korea to increase aid for global health

Microsoft Corp co-founder and philanthropist Bill Gates called on Tuesday for South Korea to play a bigger role in global health and to increase aid, working with his foundation to strengthen the fight against diseases.



ICC must protect test, ODI formats amid rise of T20 leagues: Dev

Former India captain Kapil Dev has called on cricket's governing body (ICC) to take steps to protect the test and one-day international formats amid the global growth of lucrative domestic Twenty20 competitions.


Klopp proud of Liverpool for keeping up intensity after Nunez red card

Juergen Klopp said he is proud of Liverpool for fighting back to secure a 1-1 draw with Crystal Palace on Monday despite being reduced to 10 men after Darwin Nunez was sent off.




Three key races in Wyoming, Alaska midterm primaries

Voters in Wyoming and Alaska will pick candidates for the U.S. Congress and other offices in primaries and a special election on Tuesday, in another test of former President Donald Trump's influence in the Republican Party ahead of the Nov. 8 midterms.

16 Aug 06:00 ET / 10:00 GMT


Power of Trump's endorsements tested in 12 U.S. midterm primaries

Former U.S. President Donald Trump is seeking to demonstrate his power over the Republican Party with more than 200 endorsements of candidates ahead of the Nov. 8 midterm elections that will determine control of Congress for 2023 and 2024.

16 Aug 06:00 ET / 10:00 GMT


Turkey's Erdogan hosts Malaysian king at the presidential palace

Turkish President Tayyip Erdogan hosts Malaysian King Al-Sultan Abdullah for talks and dinner at the presidential palace.

16 Aug 10:00 ET / 14:00 GMT


German Chancellor Scholz meets Palestinian President Abbas

German Chancellor Olaf Scholz and Palestinian President Mahmoud Abbas hold news conference after meeting in Berlin

16 Aug 10:15 ET / 14:15 GMT


Indonesia's Independence Day

Military officers take part in a ceremony to celebrate Indonesia's 77th Independence day at the Presidential Palace.

Aug 17


Caribbean nations meet to prepare for COP27 climate conference

Leaders of Caribbean nations meet for a two-day conference in The Bahamas to discuss the region's approach to the COP27 climate talks in Egypt in November.

Aug 17



Frontier targets annual growth of up to 20% in bet on recession-wary American travelers

Frontier Group is targeting growth of up to 20% through the decade, Chief Executive Barry Biffle told Reuters, as the budget airline pushes to take a bigger share of the U.S. leisure travel market from rivals amid a weakening economy.

16 Aug 06:00 ET / 10:00 GMT


Home Depot Q2 Earnings Release

Home Depot is expected to show a rise in second-quarter revenue as steady demand for tools, paint and building materials from professionals help the home improvement chain offset a slowdown in its do-it-yourself (DIY) customer base. Investors will keep an eye out for the company's comments on demand trends and the impact of inflation on business.

16 Aug 06:00 ET / 10:00 GMT


Walmart reports Q2 results

The world's largest retailer is expected to report a drop in quarterly profits as it struggles to clear out a surge in merchandise inventories and sees a jump in purchases of lower-margin food items amid decades high-inflation. Investors will be keen to hear if consumer spending patterns have changed over the past few weeks after an easing in prices of gas and commodities and their progress on right-sizing inventory.

16 Aug 07:00 ET / 11:00 GMT


Colombia's Grupo SURA holds quarterly results call

Colombia's Grupo SURA will discuss second-quarter earnings in a call with analysts.

16 Aug 09:30 ET / 13:30 GMT


Treasury Dept. announces sales of 4- and 8-week bills

16 Aug 11:00 ET / 15:00 GMT


TJX Q2 Results

Discount store operator TJX Cos Inc is likely to report a fall in second-quarter earnings, hurt by higher freight and labor expenses amid a global supply chain disruption. Investors will be looking out for the company's comments on supply, consumer spending trends and cost inflation.

Aug 17


Amid strikes, Lebanon's shaking public sector is on its last legs

Three years into a financial meltdown, Lebanon's frail public sector could be on its last legs, with around an hour of state-provided electricity per day, entire villages without mains water and intermittent worker strikes that bring ministries to a halt.

Aug 17


Ghana monetary policy committee holds emergency meeting

Ghana's monetary policy committee holds an emergency meeting to review recent economic developments, after which it will announce decisions, according to the central bank.

Aug 17


French wheat harvest quality report

Farm office FranceAgriMer publishes results on crop quality in the French wheat harvest, including milling criteria like protein content and test weights that are crucial for export markets.

Aug 17


IMF releases annual assessment on Saudi Arabia

The International Monetary Fund (IMF) release its annual assessment on Saudi Arabia's economy.

Aug 17



Western states deadlocked on plan to reduce water consumption from Colorado River

U.S. officials on Tuesday are due to release new projections for reservoir levels along the drying Colorado River. They are also expected to address the status of talks among seven Western states that were asked to negotiate drastic cutbacks for themselves and so far have failed to reach agreement. The century-old Colorado River compact is under more stress than ever during the region's worst drought in 1,200 years.

16 Aug 13:00 ET / 17:00 GMT



Spiralling fuel costs hit Damascus drivers

Damascus minibus driver Khaled al-Hassi remembers a time when he could fill his tank with cheap fuel to drive passengers across the Syrian capital and take home enough money for food, drink and a comfortable life.

Aug 17


Taiwan air force trip to see F-16s

Taiwan's air force takes reporters to visit an air force base to see F-16s and talk to their pilots.

Aug 17



Indonesians celebrate Independence Day with 'greasy' tree trunk climbing competition

Indonesians celebrate the country's 77th Independence Day with a traditional game called 'Panjat Pinang', which literally means 'climbing palm tree' in Bahasa Indonesia, where participants ascend a greased tree trunk to reach for prizes hung at the top.

Aug 17

© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
MICROSOFT CORPORATION -2.32% 235.41 Delayed Quote.-29.71%
MSCI TAIWAN (STRD) 0.22% 465.029 Real-time Quote.-35.75%
POWER SOLUTIONS, LTD. 2.51% 2530 Delayed Quote.8.30%
SOFTBANK GROUP CORP. 2.34% 5031 Delayed Quote.-9.13%
THE HOME DEPOT, INC. -2.32% 275.465 Delayed Quote.-32.00%
US DOLLAR / TURKISH LIRA (USD/TRY) -0.15% 18.4766 Delayed Quote.38.50%
WALMART INC. -0.58% 132.31 Delayed Quote.-9.50%
WHEAT FUTURES (ZW) - CBE (ELECTRONIC)/C1 3.67% 903.5 End-of-day quote.17.19%
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