Reuters

By Steve Holland

WASHINGTON (Reuters) - Russia has been quietly shipping refined petroleum to North Korea at levels that appear to violate the mandates of the United Nations Security Council, a U.S. official said on Thursday, adding the U.S. is planning new sanctions in response.

The disclosure came on the first day after a U.N. panel of experts monitoring enforcement of longstanding U.N. sanctions against North Korea for its nuclear... (continue reading...)

By Lisa Richwine and Omar Younis

LOS ANGELES (Reuters) - Hundreds of helmeted police swarmed the site of a pro-Palestinian protest at the University of California at Los Angeles early on Thursday, arresting defiant demonstrators and dismantling their encampment.

The pre-dawn police crackdown at UCLA marked the latest flashpoint in mounting tensions on U.S. college campuses, where protests over Israel's war in Gaza have led to student... (continue reading...)

(Reuters) - Pinnacle West Capital Corp posted a quarterly profit from year-ago loss on Thursday, on the back of customer growth, increased sales and new rates.

Utility companies use General Rate Case (GRC) proceedings to increase consumer electricity prices to ask for an increase in rates on the basis of its total cost of providing service.

The Phoenix, Arizona-based utility said it also benefited from the utility's 2019 rate case and... (continue reading...)

OTTAWA (Reuters) - There is a limit to how far U.S. and Canadian interest rates can diverge but "certainly we're not close to that limit", Bank of Canada Governor Tiff Macklem told the House of Commons finance committee on Thursday.

Macklem reiterated that the central bank was waiting to see whether recent drops in underlying inflation would be sustained before starting to cut rates from a 23-year high of 5%.

Money markets see a more than... (continue reading...)

ANKARA (Reuters) - Turkish President Tayyip Erdogan waded into the debate over U.S. college campus protests on Thursday, saying authorities were displaying "cruelty" in clamping down on pro-Palestinian students and academics.

Demonstrations have spread on campuses across the United States over Israel's conduct of the war in Gaza, prompting police crackdowns and arrests at some venues such as Columbia University in New York.