Artillery strike kills two civilians in Ukraine’s Luhansk region, says governor
(Reuters) – An artillery strike on the front line town of Zolote in Ukraine’s eastern Luhansk region killed two civilians on Saturday and wounded two others, Governor Serhiy Haidai said in an…
Sachem Head cuts director slate to 5 in US Foods board battle
By Svea Herbst-Bayliss BOSTON -Activist investment firm Sachem Head on Monday cut its slate of director nominees at US Foods Holding Co to five from seven, backing away from plans to try…
Traders reroute coffee bound to Russia, demand hit from war seen
By Marcelo Teixeira BOSTON – Traders are diverting coffee shipments that were initially expected to go to Russia, and some have stopped selling to that market altogether, attendees at a U.S. coffee…
Nepal restricts imports to save cash, suspends cenbank governor
By Gopal Sharma KATHMANDU -Nepal is tightening imports of cars, gold and cosmetics as its foreign exchange reserves have fallen, a central bank official said on Monday, after the government suspended the…
China’s Zhihu starts Hong Kong dual primary listing
By Scott Murdoch HONG KONG – Chinese question-and-answer website Zhihu Inc opened its bookbuilding process on Monday to raise $133 million in a dual primary listing in Hong Kong, according to its…
China developer Zhenro defaults on interest payments for two offshore bonds
HONG KONG – China’s Zhenro Properties said it has missed interest payments on two offshore bonds and expects four more defaults in the coming months due to the lockdown in Shanghai, but…
Exclusive-Buyout firms GTCR, CD&R circle Merit Medical -sources
By Chibuike Oguh (Reuters) – GTCR LLC and Clayton, Dubilier & Rice (CD&R) are among private equity firms that have expressed interest in acquiring U.S. medical device manufacturer Merit Medical Systems Inc,…
A third of Puerto Rico remains in the dark for the second day
(Reuters) – More than a third of all homes and businesses in Puerto Rico remained without power on Friday, the second day of a massive outage on the Caribbean island that may…
Fox News reporter wounded in Ukraine says ‘pretty damn lucky’ to be alive
By Dan Whitcomb (Reuters) – A Fox News correspondent who was wounded in Ukraine during an attack that killed two of his colleagues said on Thursday that he had sustained serious injuries…
U.S. Senate approves Biden pick for Pentagon’s chief weapons buyer
By David Shepardson WASHINGTON -The U.S. Senate on Thursday confirmed President Joe Biden’s pick to be the Pentagon’s chief weapons buyer, a former official for defense acquisition in the administration of President…
U.S. road rage shootings soared during pandemic, gun control group says
By Daniel Trotta (Reuters) – One person was shot on the road in the United States every 17 hours in 2021, according to a new tally of road rage violence. In all,…
U.S. VP Harris’ communications director tests positive for COVID -White House
WASHINGTON – U.S. Vice President Kamala Harris’ communications director tested positive for COVID-19 on Wednesday, the White House said. The director, Jamal Simmons, was in close contact to Harris as defined by…
Australia’s Virtus Health considers revised bid from BGH in takeover battle with CapVest
By Riya Sharma and Sameer Manekar (Reuters) – Australian fertility services provider Virtus Health said on Wednesday it will consider a revised buyout offer from minority owner BGH Capital, weeks after it…
Ann Sarnoff to leave WarnerMedia – NYT
(Reuters) – Ann Sarnoff, the chief executive officer of WarnerMedia Studios and Networks Group, will leave the company, the New York Times reported on Tuesday, citing people briefed on the matter. The…
U.S. accounting watchdog sanctions KPMG’s ex-vice chair of audit
By Chris Prentice and Susan Heavey WASHINGTON -The Public Company Accounting Oversight Board (PCAOB) on Tuesday said it has sanctioned KPMG LLP’s former vice chair of audit for his role in a…
Alaska oilfield gas leak estimated at 7.2 million cubic feet
By Yereth Rosen ANCHORAGE, Alaska -More than 7.2 million cubic feet of natural gas escaped in a leak at a key Alaskan oilfield, forcing workers to evacuate and cutting production last month,…
Bulgaria cuts 2022 growth forecast to 2.6% from 4.8% amid war
SOFIA – The Russian invasion of Ukraine and sanctions against Russia are likely to put the brakes on Bulgaria’s economic growth this year and keep annual inflation in double digits, the finance…
Verizon unit TracFone reaches $13.4 million U.S. false claims settlement
By David Shepardson WASHINGTON -TracFone Wireless agreed to a $13.4 million settlement to resolve false claims allegations in connection with the Federal Communications Commission’s (FCC) low-income subsidy program, the U.S. Justice Department…
VC firm Sequoia Capital names Botha as global leader
(Reuters) – Venture capital giant Sequoia Capital said on Monday Roelof Botha will take on the firm’s global leadership position, stepping into the role of senior steward from July 5. Veteran investor…
Peru suspends some fuel taxes to fight price surge
SANTIAGO -Peru’s ministry of economy and finance announced on Sunday that it would suspend taxes on the country’s most consumed fuels to fight surging prices caused by the Russia-Ukraine conflict. The measure…
Aviation agency to probe Delta plane’s windshield shattering mid-flight
(Reuters) -The Federal Aviation Administration will investigate what went wrong when the cockpit windshield of a Delta plane shattered mid-air during a flight on Thursday to Washington, D.C., from Salt Lake City,…
Ukraine’s gold and forex reserves stand at $29 billion, says official
(Reuters) – Ukraine’s gold and foreign currency reserves stand at $29 billion, the same level as before Russia’s invasion thanks to external financial support, the president’s economic adviser Oleh Ustenko said on…
CEO of Germany’s Cewe ‘massively obstructed’ diversity -board
FRANKFURT – Christian Friege, chief executive of German photo service provider Cewe, obstructed diversity and the appointment of a woman as a board member, the company’s board of trustees said on Friday.…
Australia’s central bank gets first female deputy governor
SYDNEY -The Australian government on Friday appointed a woman as second in command at the country’s central bank, the first female to hold the position in the bank’s 62-year history and a…
Russian invasion, crypto trading drive ‘tail risks’ for U.S. banks -regulator
By Pete Schroeder WASHINGTON – A top U.S. banking regulator told banks on Thursday to be more vigilant about guarding against unlikely but extreme risk as Russia’s invasion of Ukraine and the…
Activision CEO’s meeting with options trader under U.S. probe – WSJ
(Reuters) – U.S. authorities are investigating whether an options trade in Activision Blizzard Inc violated insider-trading laws as it followed a meeting between CEO Bobby Kotick and one of the traders, the…
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