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Author

Reuters

Reuters

  • Business News

    Philips says tests on recalled products show limited health risks

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    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 …

  • US and World News

    Hearses queue at Beijing crematorium, even as China reports no new COVID deaths

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By 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 Reuters December 21, 2022
    by Reuters December 21, 2022

    By 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 …

  • Business News

    Italy to cap Monte dei Paschi CEO’s annual pay at 240,000 euros

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    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 ­-U.S. official

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    WASHINGTON (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 Reuters December 21, 2022
    by Reuters December 21, 2022

    By 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 Reuters December 21, 2022
    by Reuters December 21, 2022

    WASHINGTON (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 …

  • Business News

    U.S. consumer confidence rebounds; existing home sales sink

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    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 …

  • Business News

    Musk to step down as Twitter CEO once he finds ‘someone foolish’ enough as successor

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    (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 Reuters December 21, 2022
    by Reuters December 21, 2022

    (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 Reuters December 21, 2022
    by Reuters December 21, 2022

    By 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 Reuters December 21, 2022
    by Reuters December 21, 2022

    By 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 …

  • Business News

    Pace of new climate, sustainable business rules will not let up

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    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 …

  • Business News

    H&M agrees to pay a 500 euro bonus to 4,000 workers in January

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    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 …

  • Business News

    Orpea says it filed criminal complaint against former CEO

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    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 …

  • Business News

    Leonardo agrees early retirement, new hirings deal with Italian unions

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    ROME (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 Reuters December 21, 2022
    by Reuters December 21, 2022

    By 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 Reuters December 21, 2022
    by Reuters December 21, 2022

    By 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 …

  • Business News

    AMC abandons talks to acquire bankrupt Cineworld’s theaters

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    (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 …

  • Business News

    Analysis-Investors count on bonds to rescue battered 60/40 portfolio in 2023

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    By 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 Reuters December 21, 2022
    by Reuters December 21, 2022

    By 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 …

  • Business News

    European Commission clears Germany’s Uniper bailout

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    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 …

  • Business News

    Israeli startup makes inroads with personal flying vehicle

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    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 Reuters December 21, 2022
    by Reuters December 21, 2022

    By 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 …

  • Business News

    WTO rules against U.S. in Hong Kong labelling dispute

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    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 …

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