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Reuters

Reuters

  • Business News

    BlackRock plans no big changes to ESG stance despite backlash

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Simon Jessop LONDON (Reuters) – BlackRock plans no major changes to the way it engages with companies and votes on environmental and social issues in the year ahead, despite …

  • Business News

    Special Report-Binance’s books are a black box, filings show, as crypto giant tries to rally confidence

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Tom Wilson, Angus Berwick and Elizabeth Howcroft LONDON (Reuters) – The world’s biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and …

  • Business News

    Mondelez to sell gum business in developed markets for $1.35 billion

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    (Reuters) -Oreo maker Mondelez International Inc said on Monday it had agreed to sell its gum business, including brands such as Trident and Dentyne, in the United States, Canada and …

  • US and World News

    As climate change makes wildfires worse, FEMA faced with calls to change

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Sharon Bernstein SANTA ROSA, Calif. (Reuters) – Five years after wildfire ravaged the California wine country city of Santa Rosa, only mud and a concrete pad remain atop a …

  • Business News

    Insurers shun FTX-linked crypto firms as contagion risk mounts

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Noor Zainab Hussain and Carolyn Cohn (Reuters) – Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and exchanges …

  • US and World News

    Colombia ELN leftist guerrilla group declares Christmas ceasefire

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    BOGOTA (Reuters) -Colombian leftist guerrilla group the National Liberation Army (ELN) on Monday declared a nine-day unilateral ceasefire over the Christmas period, as part of a bid to support peace …

  • Business News

    U.S. poised to become net exporter of crude oil in 2023

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Arathy Somasekhar HOUSTON (Reuters) – The United States has become a global crude oil exporting power over the last few years, but exports have not exceeded its imports since …

  • Business News

    Revlon and key creditors strike deal, April bankruptcy exit

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Dietrich Knauth (Reuters) – Bankrupt cosmetics giant Revlon Inc on Monday reached a restructuring agreement which would turn over ownership of the company to its lenders and wipe out …

  • US and World News

    White House: Expiration of COVID-era restrictions does not mean southern border is open

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    WASHINGTON (Reuters) – The White House said on Monday an expiration of COVID-19-era restrictions blocking migrants at the U.S.- Mexico border does not mean the southern border is open. U.S. …

  • Business News

    Explainer-Europe’s hard-fought plan to cap gas prices

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    (Adds EU plan for new gas benchmark price, detail on original Commission proposal) By Susanna Twidale, Kate Abnett and Gabriela Baczynska (Reuters) – European Union countries agreed on Monday to …

  • Business News

    Analysis-Italy’s cash payments U-turn is all gain, no pain

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Valentina Za MILAN (Reuters) – Dropping a plan to boost small cash payments is the smart thing for Italy to do – the measure could not have stopped the …

  • US and World News

    Woman arrested stealing gifts from under Robert De Niro’s Christmas tree

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Jonathan Allen NEW YORK (Reuters) – New York City police arrested a woman caught stealing presents from beneath Robert De Niro’s Christmas tree after breaking into the actor’s apartment …

  • Business News

    ECB’s Nagel pleads with Germans for patience in combating inflation

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    BERLIN (Reuters) – Bundesbank President Joachim Nagel asked the German public for patience in bringing down inflation, warning in an interview with broadcaster N-TV on Thursday that the impact of …

  • US and World News

    China reports first COVID deaths in weeks as official count questioned

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Martin Quin Pollard and Liz Lee BEIJING (Reuters) -China reported its first COVID-related deaths in weeks on Monday amid rising doubts over whether the official count was capturing the …

  • Business NewsFeatured News

    Musk’s poll results: Elon should step down as Twitter CEO

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Nivedita Balu (Reuters) -Twitter users voted decisively in a poll for Elon Musk to step down as chief executive of the social media platform, a backlash against the billionaire …

  • Business News

    France’s Vinci to invest $820 million in Mexico airport, governor says

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    MEXICO CITY (Reuters) – French airport operator Vinci will invest $820 million in renovating an airport in the Mexican business hub of Monterrey in the northern state of Nuevo Leon, …

  • Business News

    U.S. home builder gloom persists, but some hope seen for next year

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Dan Burns (Reuters) – Confidence among U.S. single-family home builders fell for a record 12th straight month in December as even a scramble to offer incentives for prospective buyers …

  • US and World News

    Brazil’s top court lifts Lula with ‘secret budget,’ social spending rulings

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    SAO PAULO (Reuters) -Brazilian President-elect Luiz Inacio Lula da Silva scored two key victories on Monday, after the Supreme Court granted an injunction allowing him to increase social investment, while …

  • Business News

    Nike sales may soar as discounts draw shoppers; margin squeeze looms

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Deborah Mary Sophia (Reuters) – Nike Inc is expected to report a big bump in second-quarter sales, as it offered deep discounts on its shoes and sportswear to keep …

  • Business News

    U.S. slaps record penalty on Fortnite maker for alleged children’s privacy violation

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Diane Bartz (Reuters) -“Fortnite” creator Epic Games will pay $520 million to settle allegations that it illegally collected children’s personal information and tricked people into making purchases, the Federal …

  • US and World News

    U.S. Senate talks on cocaine sentencing reform hit roadblock

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Gram Slattery WASHINGTON (Reuters) – Negotiations in the U.S. Senate to narrow sentencing disparities between crack and powder cocaine have stalled, two sources said on Monday, in what could …

  • Business News

    Apple fined 1 million euros by Paris court over App Store practices

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Layli Foroudi PARIS (Reuters) -The Paris Commercial Court on Monday fined iPhone maker Apple just over 1 million euros ($1.06 million) for imposing abusive commercial clauses on French app …

  • Business News

    Bankman-Fried wants to see indictment before agreeing to extradition – lawyer

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    (Reuters) – Sam Bankman-Fried wants to see the U.S. indictment against him for his role in the collapse of the FTX crypto exchange he founded before he agrees to be …

  • Business News

    EU countries agree gas price cap to contain energy crisis

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Kate Abnett and Jan Lopatka BRUSSELS (Reuters) -European Union energy ministers on Monday agreed a gas price cap, after weeks of talks on the emergency measure that has split …

  • Business News

    European shares regain ground after brutal selloff last week

    by Reuters December 19, 2022
    by Reuters December 19, 2022

    By Amruta Khandekar and Bansari Mayur Kamdar (Reuters) -European shares advanced on Monday, supported by the energy sector, after a bruising selloff last week sparked by growing fears of a …

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