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Canaries volcano streams slow down, homes destroyed, thousands flee

LA PALMA, Spain (Reuters) -Lava flowing from Spain's Canary Islands' first volcanic eruption in 50 years has forced the evacuation of 5,500 people and destroyed around 100 houses but the streams were advancing slower than originally predicted, authorities said on Monday.

Democrats, Republicans head for showdown on U.S. debt limit

WASHINGTON (Reuters) -Top Democrats in the U.S. Congress on Monday said they would aim to continue funding the government and increase its borrowing authority in a single bill in coming days, setting up a showdown with Republicans who have vowed not to approve more debt.

Wall Street ends sharply lower in broad sell-off

Wall Street fell in a broad sell-off on Monday, with the S&P 500 and Nasdaq suffering their biggest daily percentage drops since May, as fear of contagion from potential collapse of China's Evergrande drove investors out of equities in a flight for safety.

Chevrolet Bolt EV battery production resumes

WASHINGTON (Reuters) -General Motors Co said on Monday that battery production for its recalled Chevrolet Bolt electric vehicle had resumed and that battery replacements will begin next month.

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