(Reuters) - The United States Postal Service on Thursday reported a net loss of $1.5 billion for the second quarter ended March 31, compared to a net loss of $2.5 billion a year ago.
(Reporting by Ananta agarwal; Editing by Pooja Desai)
By Patricia Zengerle
WASHINGTON (Reuters) - Billions of dollars worth of U.S. weaponry remains in the pipeline for Israel, despite the delay of one shipment of bombs and a review of others by President Joe Biden's administration, concerned their use in an assault could wreak more devastation on Palestinian civilians.
A senior U.S. official said this week that the administration had reviewed the delivery of weapons that Israel might use... (continue reading...)
By Suleiman Al-Khalidi
KING ABDULLAH AIR BASE, Jordan (Reuters) - Air drops through Jordan by a coalition of Western and Arab states are a lifesaver for starving Palestinians in Gaza struggling to get aid due to closed crossings and insufficient access, the commander of British forces in Cyprus said on Thursday.
Air Vice-Marshal Peter Squires said the 11th airdrop by the Royal Air Force, which reached a cumulative total of 110 metric... (continue reading...)
By James Mackenzie
JERUSALEM (Reuters) - U.S. President Joe Biden's announcement that he would withhold arms supplies if Israel went through with its assault of Rafah drew a defiant reaction on Wednesday alongside unease at the possible longer term fallout from the open clash with Israel's most vital ally.
The warning came after months of increasingly urgent calls for restraint by officials from the administration, which has been paying a... (continue reading...)
By Echo Wang
NEW YORK (Reuters) - Chinese electric vehicle maker Zeekr Intelligent Technology priced its U.S. initial public offering (IPO) at the top of its indicated range on Thursday, raising $441 million, a person familiar with the matter said.
Zeekr, which is the premium brand of Chinese automaker Geely, upsized its IPO to sell 21,000,000 million American Depositary Shares at $21 per share, the source said, requesting anonymity as... (continue reading...)
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