By Steve Gorman LOS ANGELES (Reuters) – NASA has formally retired its Mars InSight lander, the first robotic probe specially designed to study the deep interior of a distant world, …
Reuters
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By Kannaki Deka (Reuters) -Used-car retailer CarMax Inc said on Thursday it was pausing some hiring, halting share buybacks and cutting expenses after reporting an 86% drop in third-quarter profit …
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By Zoey Zhang and Bernard Orr SHANGHAI/BEIJING (Reuters) -A Shanghai hospital has told its staff to prepare for a “tragic battle” with COVID-19 as it expects half of the city’s …
- Business News
Low weekly jobless claims underscore U.S. labor market tightness; Q3 growth revised up
by Reutersby ReutersBy Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased less than expected last week, pointing to a still-tight labor market, while the …
- Business News
European shares fall as festive cheer fades on rate hike worries
by Reutersby ReutersBy Amruta Khandekar and Bansari Mayur Kamdar (Reuters) -European shares reversed early gains on Thursday, as hopes of easing inflation gave way to fears of aggressive monetary policy tightening in …
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By Jessica DiNapoli NEW YORK (Reuters) – It’s not your imagination if you feel like you’re seeing more ads for baby formula than ever before. Formula makers have stepped up …
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By Alexander Marrow MOSCOW (Reuters) -The rouble clawed back some of this week’s hefty losses after sinking to a near eight-month low in a volatile session on Thursday, as the …
- US and World News
Ukraine’s ‘cat and mouse’ battle to keep Russian missiles at bay
by Reutersby ReutersBy Tom Balmforth KYIV (Reuters) – As Russian cruise missiles sped towards their target this month, a Ukrainian pilot gave chase in an old Soviet MiG-29 fighter jet and locked …
- Business News
Kellogg divests Russian operations to local snacks maker Chernogolovka
by Reutersby Reuters(Reuters) -Kellogg Co said on Thursday it has decided to divest its operations in Russia to local snacks and drinks maker Chernogolovka as the company joins a long list of …
- Business News
Prosecutors charge two top executives in connection with FTX collapse
by Reutersby ReutersWASHINGTON (Reuters) -Federal prosecutors on Wednesday said they have charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former Chief Technology Officer of FTX Trading …
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ANKARA (Reuters) -Turkey’s monthly minimum wage will be 8,506.80 lira ($455) in 2023, the presidency said on Thursday – a 55% increase from the level determined in July and a …
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WASHINGTON (Reuters) – The U.S. Transportation Department said vehicle travel rose by 0.1% in October to 285.9 billion miles as road travel is nearing pre-pandemic levels for the year. In …
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(Reuters) -AMC Entertainment Holdings said on Thursday it would raise $110 million in new equity capital through the sale of its preferred stock and proposed a reverse stock split, sending …
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By Andres Gonzalez and Pablo Mayo Cerqueiro LONDON (Reuters) – Private equity funds are rethinking how they pull off large deals after a 40.4% contraction in global buyout activity amid …
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(Reuters) – Google-parent Alphabet Inc said on Wednesday it had approved a new equity award for Chief Executive Officer Sundar Pichai that ties more of his pay to performance. The …
- Business News
Toshiba’s preferred bidder to seal $10.6 billion loan deal this week -Yomiuri
by Reutersby ReutersTOKYO (Reuters) – Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, is set to sign a loan agreement of about 1.4 trillion yen ($10.6 billion) with …
- Business News
Russia’s No.2 lender VTB to buy rescued Otkritie Bank for $4.7 billion
by Reutersby ReutersBy Alexander Marrow, Elena Fabrichnaya and Maria Kiselyova MOSCOW (Reuters) -The Bank of Russia on Thursday agreed to sell bailed-out Otkritie Bank to the country’s No.2 lender, state-owned VTB, for …
- Business News
Exclusive-Russia likely to buy yuan on FX market in 2023 – sources
by Reutersby ReutersBy Elena Fabrichnaya MOSCOW (Reuters) – Russia will start buying yuan on the currency market next year if oil and gas revenues meet expectations, two sources said, opening a new …
- Business News
Exclusive-Sanctions could cut Russia’s Baltic oil exports by 20%
by Reutersby ReutersMOSCOW (Reuters) – Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a fifth in December, after a Western price cap and an …
- Business News
El Salvador to receive $150 million from development bank for education
by Reutersby Reuters(This Dec. 21 story has been refiled to fix incorrect company ticker symbol) SAN SALVADOR (Reuters) – El Salvador will receive a $150 million loan from Latin American development bank …
- US and World News
‘The Serpent’ Charles Sobhraj to be freed from Nepal prison on Friday
by Reutersby ReutersBy Gopal Sharma KATHMANDU (Reuters) -Charles Sobhraj, a convicted killer who police suspect was responsible for a string of murders in the 1970s and 1980s, will be freed from prison …
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By Andy Bruce LONDON (Reuters) – Britain’s economy contracted more than first thought in the third quarter of this year, putting it bottom among the Group of Seven major advanced …
- US and World News
Pope denounces psychological abuse as Jesuit case rocks Church
by Reutersby ReutersBy Philip Pullella VATICAN CITY (Reuters) – Pope Francis on Thursday denounced psychological violence and abuse of power in the Church, as the case of a prominent priest accused of …
- Business News
EU court rules Airbnb must provide rental info to tax authorities
by Reutersby ReutersBRUSSELS (Reuters) -Short-term accommodation services company Airbnb must provide information in rental contracts to tax authorities and withhold tax under a national regime, the European Union’s top court ruled on …
- Business News
Analysis-Italy’s nationalists set to loosen grip on beloved airline with mooted Lufthansa deal
by Reutersby ReutersBy Angelo Amante and Joanna Plucinska ROME (Reuters) – Italy’s new right-wing government has shown it is prepared to put sound finances ahead of national pride by revamping plans to …