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By Sinead Cruise, Nell Mackenzie and Lawrence White LONDON (Reuters) – Investors are racing back into European bank stocks after a surprisingly upbeat earnings season, pushing their shares to multi-year highs, but the bounce has also lured short sellers betting that the optimism is unlikely to last. The STOXX European banks index climbed past 200 …

Analysis-European banks’ Goldilocks rally tempts back buyers… and bears Read More »

By Lisandra Paraguassu PORTO ALEGRE, Brazil (Reuters) – Less than two weeks after floods devastated Brazil’s southern Rio Grande do Sul state leaving at least 143 dead, the state is again on alert this Sunday with the risk of water rising once more to record levels. Under intense rain since Friday, four rivers about 100 …

Brazil’s Rio Grande do Sul may have more record level flooding Read More »

TORONTO (Reuters) -The season’s first major wildfires have spread to roughly 8,000 hectares across Western Canada on Sunday as authorities issued an evacuation order for a community in British Columbia and warned of poor air quality across provinces. In British Columbia, thousands of residents in Northern Rockies Regional Municipality and Fort Nelson First Nations were …

Western Canada blazes cause evacuation orders, air quality concerns Read More »

By Timour Azhari and Ahmed Rasheed NAJAF, Iraq (Reuters) – Powerful Iraqi Shi’ite Muslim cleric Moqtada al-Sadr is laying the groundwork for a political comeback two years after a failed and ultimately deadly high-stakes move to form a government without his Shi’ite rivals, multiple sources said. His return, likely planned for the 2025 parliamentary election, …

Powerful Iraqi Shi’ite cleric Sadr girds for political comeback Read More »

TORONTO (Reuters) -An evacuation alert has been issued for Fort McMurray, Alberta, as an out-of-control fire rages southwest of the major Canadian oil town, making it among the first actions ahead of the wildfire season. In a notice late on Friday, the Alberta government said the wildfire danger is “extreme” in the Fort McMurray Forest …

Wildfire evacuation notice issued for oil sands rich Alberta town Read More »

TEL AVIV (Reuters) – Thousands of Israelis took to the streets on Saturday demanding that Prime Minister Benjamin Netanyahu’s government do more to secure the release of hostages being held in the Gaza Strip by Islamist group Hamas. Family members of the hostages, carrying pictures of their loved ones still in captivity, joined the crowds …

Protesters return to streets across Israel, demanding hostage release Read More »

(Reuters) – U.S. Energy Secretary Jennifer Granholm will visit Saudi Arabia and the United Arab Emirates next week to work on “climate co-operation” and other issues, two Biden administration officials told Reuters on Friday. The visit will run from Tuesday through Thursday, with Granholm visiting the UAE first, one of the officials said. It will …

US energy secretary to visit Saudi Arabia, UAE next week, officials say Read More »

WASHINGTON (Reuters) – In-person talks on a Gaza ceasefire-for-hostages agreement have concluded for now with no deal but the U.S. believes remaining gaps can be surmounted, the White House said on Friday. “Obviously we don’t have a deal and that’s deeply regrettable,” White House national security spokesperson John Kirby told reporters. He said that while …

White House: Gaps on Gaza ceasefire can still be surmounted Read More »