By Bart H. Meijer AMSTERDAM (Reuters) -Dutch health technology company Philips said on Wednesday independent tests on its respiratory devices involved in a major global recall had shown limited health …
Reuters
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- US and World News
Hearses queue at Beijing crematorium, even as China reports no new COVID deaths
by Reutersby ReutersBy Thomas Peter and Alessandro Diviggiano BEIJING (Reuters) – Dozens of hearses queued outside a Beijing crematorium on Wednesday, even as China reported no new COVID-19 deaths in its growing …
- US and World News
Arizona Republican Lake presses stolen election claims in court
by Reutersby ReutersBy James Oliphant (Reuters) – Lawyers for Republican Kari Lake, who lost her bid last month to become Arizona’s governor, were in court Wednesday arguing that the election was invalid …
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MILAN (Reuters) -Italy is preparing to cap at 240,000 euros ($254,496) the yearly pay of top executives hired from 2023 in banks rescued by the state, a move that has …
- US and World News
Ukraine’s Zelenskiy arrives in United States Â-U.S. official
by Reutersby ReutersWASHINGTON (Reuters) – Ukrainian President Volodymyr Zelenskiy arrived in the United States on Wednesday, a U.S. official said, to meet with President Joe Biden and address Congress in his first …
- US and World News
Trump paid no income tax in 2020, reported losses in office, records show
by Reutersby ReutersBy Andy Sullivan WASHINGTON (Reuters) -Donald Trump paid no income tax during the final full year of his presidency as he reported a loss from his sprawling business interests, according …
- Business News
U.S. existing home sales fall for 10th straight month in November
by Reutersby ReutersWASHINGTON (Reuters) – U.S. existing home sales slumped to a 2-1/2 year low in November as the housing market continued to be squeezed by higher mortgage rates. Existing home sales …
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By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence rose to an eight-month high in December as inflation retreated and the labor market remained strong, but fears of a recession …
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Musk to step down as Twitter CEO once he finds ‘someone foolish’ enough as successor
by Reutersby Reuters(Reuters) – Billionaire Elon Musk said on Tuesday he will step down as chief executive of Twitter Inc once he finds a replacement, but will still run some key divisions …
- Business News
Carnival Corp posts smaller loss as it tightens control on costs
by Reutersby Reuters(Reuters) -Carnival Corp on Wednesday posted a smaller-than-expected quarterly loss as the cruise operator kept a tight lid on operating costs, sending its shares up about 7% in morning trade. …
- US and World News
Ahead of Zelenskiy address, U.S. Senate backs new ambassador to Russia
by Reutersby ReutersBy Patricia Zengerle WASHINGTON (Reuters) -The U.S. Senate on Wednesday confirmed Lynne Tracy as President Joe Biden’s nominee to be ambassador to Russia, hours before Ukrainian President Volodymyr Zelenskiy was …
- Business News
Hedge fund Citadel expects to return $7 billion in profits to clients – source
by Reutersby ReutersBy Carolina Mandl (Reuters) – Hedge fund Citadel expects to return about $7 billion in profits to its investors in the first week of January after a stellar performance this …
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By Simon Jessop and Huw Jones LONDON (Reuters) – The past year was the busiest ever for climate and sustainability rulemaking, with no let up expected in 2023 as policymakers …
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MADRID (Reuters) -Swedish fashion retailer H&M will pay a 500 euro ($530) bonus to some 4,000 shop workers in Spain and Portugal next month, it said on Wednesday, after its …
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PARIS (Reuters) – Scandal-shaken French care home company Orpea on Wednesday said it had filed a criminal complaint against its former chief executive as it continues to investigate a scandal …
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Leonardo agrees early retirement, new hirings deal with Italian unions
by Reutersby ReutersROME (Reuters) – Defence and aerospace group Leonardo said on Wednesday it had struck a deal with Italian trade unions for the early retirement of 400 of its staff during …
- Business News
European shares post best day in nearly 6 weeks as upbeat Nike results lift retailers
by Reutersby ReutersBy Amruta Khandekar and Bansari Mayur Kamdar (Reuters) -European shares rose on Wednesday, as banks extended gains and upbeat results from Nike boosted the region’s battered retail sector, while improving …
- Business News
Two equity bankers lose their Morgan Stanley broker licenses – U.S. regulator
by Reutersby ReutersBy Saeed Azhar and Chris Prentice NEW YORK (Reuters) -Two Morgan Stanley equity syndicate bankers, Pawan Passi and Charles Leisure, are no longer listed as registered brokers at the Wall …
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(Reuters) -Cinema chain AMC Entertainment Holdings said on Wednesday it was no longer in talks to acquire some theaters owned by now bankrupt Cineworld Group following initial discussions with some …
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Analysis-Investors count on bonds to rescue battered 60/40 portfolio in 2023
by Reutersby ReutersBy David Randall NEW YORK (Reuters) – Proponents of the so-called 60-40 portfolio are betting the strategy may soften the blow of a possible U.S. recession next year, though its …
- Business News
Hybrid wheat hitting U.S. fields as war, climate threaten global food supplies
by Reutersby ReutersBy Tom Polansek and Julie Ingwersen CHICAGO (Reuters) – Global seed maker Syngenta will release a new type of wheat developed with complex cross-breeding techniques in the United States next …
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PARIS/FRANKFURT (Reuters) -The European Commission said it had approved Germany’s 34.5 billion euro ($36.60 billion) plan to recapitalise German natural gas trader Uniper, subject to future divestment, management pay and …
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Beersheva, Israel (Reuters) – An Israeli-made electric vehicle designed to fly commuters on short trips far above streets overcrowded with cars has made its maiden unmanned flight, a milestone the …
- US and World News
Nepal court to release serial killer Charles ‘the serpent’ Sobhraj
by Reutersby ReutersBy Gopal Sharma KATHMANDU (Reuters) – Nepal’s Supreme Court on Wednesday ordered the release, due to his age, of Charles Sobhraj, a French national known as “the serpent” who police …
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GENEVA (Reuters) -The World Trade Organization found on Wednesday that the United States had violated global trading rules by insisting that products imported from Hong Kong be marked as coming …