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…
New Russian airliner will use domestic engines, given sanctions – official
(Reuters) – One of Russia’s flagship airliner projects, the Irkut MS-21, will use domestic engines given that sanctions mean U.S. models are no longer available, the RIA news agency cited a senior…
Oman to use surplus from higher oil prices to reduce public debt
CAIRO – Oman expects to reduce its public debt to 19.46 billion Omani riyals by using the surplus arising from selling oil at higher prices and repaying some loans by end of…
California pension leader pushes for more women on boards, climate data
By Ross Kerber (Reuters) – One of California’s big pension funds said on Wednesday it will push companies to add more women to their boards and to disclose more about their carbon…
Mexico finance panel notes risk of credit rating action on sovereign, Pemex
MEXICO CITY – Mexico’s financial stability council said on Wednesday that there is risk of credit rating action on the ratings for the sovereign and state oil firm Petroleos Mexicanos (Pemex). The…
Maryland lawmakers pass measure expanding abortion access
By Gabriella Borter (Reuters) – Maryland lawmakers have passed a bill to increase and protect abortion access in the state, a proactive move as the U.S. Supreme Court weighs whether to overturn…
Billionaire investor launches board fight at Athira, wants CEO replaced
By Svea Herbst-Bayliss BOSTON -Billionaire investor Richard (Ric) Kayne is seeking two board seats at Athira Pharma, arguing the biotech company needs a new chief executive officer to successfully guide its development…
New York man admits to insider trading following takeover tip
By Luc Cohen NEW YORK – A New York City man pleaded guilty on Tuesday to insider trading and tax evasion charges for purchasing securities in chemical manufacturer Ferro Corp after learning…
Manulife to open all Canada offices for staffers from April 25 -memo
(Corrects first paragraph to say that return to office is regardless of vaccination status) (Reuters) – Canadian insurer Manulife Financial Corp said on Tuesday that employees can return to its offices across…
Heavy rains in Australia trigger fresh round of flood evacuations
SYDNEY -Heavy rains drenched east Australia on Tuesday, triggering evacuation orders for thousands of flood-weary residents for the second time this month as authorities warned the intense weather is likely to persist…
Exclusive-Paraguay central bank chief says 2022 inflation seen at 6%, top of tolerance range
By Daniela Desantis ASUNCION – Paraguay will end 2022 with inflation close to 6%, the country’s central bank head told Reuters on Monday, right at the ceiling of the entity’s tolerance range…
Orsted sells 50% of British wind farm to French consortium
COPENHAGEN – Denmark’s Orsted said on Monday it had agreed to sell half of the Hornsea 2 project in Britain, which will become the world’s biggest offshore wind farm, to a French…
New York state pension fund to divest Russia holdings
By Jonathan Stempel NEW YORK – New York’s public pension fund, one of the largest pension funds in the United States, will divest its holdings in Russian companies following Russia’s invasion of…
Georgia says it will lose over $1 billion because of Ukraine
– Georgia is likely to lose $1.0 billion to $1.2 billion in economic output owing to Russia’s military intervention in Ukraine and fall short of its 6% growth target, the head of…
Fidelity’s Edward C ‘Ned’ Johnson 3d, who built fund giant, dies at 91
By Ross Kerber BOSTON -Edward C. “Ned” Johnson 3d, an American billionaire investor and philanthropist who as chairman of Fidelity Investments propelled the family business to a dominant place in finance for…
Russia looks for new baby food packaging suppliers as sanctions bite
– Russia is looking for suppliers of packaging for baby food and dairy products due to disruption in supplies caused by the Western sanctions imposed on Moscow, the country’s agriculture minister, Dmitry…
Broker TP ICAP shares jump 11% after U.S. hedge fund urges sale
– Shares of the world’s largest inter-dealer broker TP ICAP jumped as much as 11% on Wednesday after U.S. hedge fund Phase 2 Partners asked the British company to explore a sale.…
Column-Cruel to be kind – Fed seems tempted by 1994 playbook :Mike Dolan
By Mike Dolan LONDON – Tighten hard and fast now and you might just avoid triggering recession – it seems the Federal Reserve is tempted by its own playbook from almost 30…
MacKenzie Scott donates $436 million to Habitat for Humanity, group says
– Billionaire philanthropist MacKenzie Scott has donated $436 million to Habitat for Humanity, which plans to direct the funds toward boosting affordable housing and Black homeownership, the group said on Tuesday. The…
Nebraska reports highly lethal bird flu in commercial chicken flock
CHICAGO – The U.S. state of Nebraska reported on Tuesday an outbreak of highly lethal bird flu in a flock of 570,000 chickens being raised for meat. Millions of U.S. broiler chickens…
JPMorgan hires David Miree from Wells Fargo to lead diversity unit – memo
– JPMorgan Chase & Co has named Wells Fargo senior executive David Miree as the global head of diversity, equity and inclusion, according to an internal memo seen by Reuters on Monday.…
Apollo Infrastructure fund buys 49% stake in Spain’s Primafrio
By Andres Gonzalez and Isla Binnie MADRID – Apollo Infrastructure, a unit of investment firm Apollo Global Management Inc, has agreed to buy a stake in Spanish road freight operator Primafrio, the…
Exclusive-VP Harris’s National Security Adviser McEldowney to depart
By Nandita Bose WASHINGTON – U.S. Vice President Kamala Harris’s National Security Adviser Nancy McEldowney is stepping down from her role and will be succeeded by her deputy Philip Gordon, according to…
Factbox-Commercial airliner crashes in mainland China
BEIJING – A China Eastern Airlines passenger jet en route to Guangzhou from Kunming with 132 people on board crashed in the subtropical mountains of southern China on Monday, in mainland China’s…
Wisconsin police officer accused of using knee restraint on 12-year-old girl
By Brendan O’Brien and Barbara Goldberg An off-duty police officer accused of placing his knee on the neck of a 12-year-old girl to restrain her after a school fight in Kenosha, Wisconsin,…
Up to 10 people wounded by gunfire outside car show in Arkansas – police
As many as 10 people were wounded by gunfire on Saturday night outside a car show in Dumas, Arkansas, state police said. Police were dispatched to the site in Dumas, a town…
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