Today: May 08, 2024
Today: May 08, 2024

Economy

Exclusive-General Mills explores sale of $2 billion-plus yogurt business in North America, sources say

By Abigail Summerville NEW YORK (Reuters) - General Mills, the maker of Cocoa Puffs and Cheerios breakfast cereals, is exploring a sale of its North America yogurt business including its popular

Exclusive-General Mills explores sale of $2 billion-plus yogurt business in North America, sources say

Smaller towns in South Korea bear brunt of doctors’ shortage

By Hyunsu Yim and Daewoung Kim INCHEON, South Korea (Reuters) - Hospitals in South Korea's smaller cities are struggling with a lack of physicians, as a nationwide strike of trainee doctors enters its

Smaller towns in South Korea bear brunt of doctors’ shortage

Exclusive-ByteDance prefers TikTok shutdown in US if legal options fail, sources say

By Kane Wu and Julie Zhu HONG KONG (Reuters) -TikTok owner ByteDance would prefer to shut down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight

Exclusive-ByteDance prefers TikTok shutdown in US if legal options fail, sources say

US states sue over agency rule on protections for workers who get abortions

By Daniel Wiessner (Reuters) - A group of Republican-led U.S. states filed a lawsuit on Thursday seeking to block a federal rule that gives workers who had abortions the same legal protections as

US states sue over agency rule on protections for workers who get abortions

Analysis-New ASML boss Fouquet must navigate US/China chip war

By Toby Sterling AMSTERDAM (Reuters) - ASML's new boss Christophe Fouquet faces a tricky balancing act in helping to steer Europe's biggest tech company through the US/China "chip war", while

Analysis-New ASML boss Fouquet must navigate US/China chip war

KKR to buy Perpetual's corporate, wealth units for $1.4 billion; CEO Adams to retire

(Reuters) - Perpetual said on Wednesday that buyout giant KKR & Co would acquire its wealth management and corporate trust businesses for A$2.18 billion ($1.43 billion), sending the Australian

KKR to buy Perpetual's corporate, wealth units for $1.4 billion; CEO Adams to retire

AI boom set to fuel data centre deals in Asia this year

By Scott Murdoch, Kane Wu and Yantoultra Ngui SYDNEY/HONG KONG/SINGAPORE (Reuters) - Global private equity investors and asset managers are readying for billions of dollars worth of M&A and

AI boom set to fuel data centre deals in Asia this year

European stocks rise, dollar climbs as Fed rate path pondered

By Harry Robertson and Kevin Buckland LONDON/TOKYO (Reuters) -European stocks rose on Wednesday, boosted by company earnings, while U.S. futures were flat and the dollar climbed as investors assessed

European stocks rise, dollar climbs as Fed rate path pondered

Philippines posts $3.2 billion trade deficit in March

MANILA (Reuters) - The Philippines posted a trade deficit of $3.2 billion in March, the narrowest since May 2021, preliminary official data showed on Wednesday.

Philippines posts $3.2 billion trade deficit in March

US and Philippine forces sink a ship during largescale drills in the disputed South China Sea

U.S. and Philippine forces, backed by an Australian air force surveillance aircraft, have unleashed a barrage of high-precision rockets, artillery fire and airstrikes and sank a mock enemy ship as part of largescale war drills in and near the disputed South China Sea that have antagonized Beijing

US and Philippine forces sink a ship during largescale drills in the disputed South China Sea

Lies, deceit to weigh heavily on EU vote, warns parliament head

By Philip Blenkinsop BRUSSELS (Reuters) - European Union voters are set to be bombarded with lies and disinformation from outside and within the bloc in the June election for the new European

Lies, deceit to weigh heavily on EU vote, warns parliament head

FDIC report outlines 'misogynistic,' 'patriarchal' 'good ol' boys' workplace culture

An independent review of the Federal Deposit Insurance Corp.’s workplace culture describes an environment that fostered “hostile, abusive, unprofessional, or inappropriate conduct,” and questions whether the agency’s chairman is credible to lead the agency through a cultural transformation

FDIC report outlines 'misogynistic,' 'patriarchal' 'good ol' boys' workplace culture

Indian court extends pre-trial detention of opposition leader Kejriwal, Live Law says

By Sakshi Dayal NEW DELHI (Reuters) -An Indian city court extended on Tuesday the pre-trial detention of opposition leader and Delhi Chief Minister Arvind Kejriwal until May 20, legal news website

Indian court extends pre-trial detention of opposition leader Kejriwal, Live Law says

Trump, RNC raise over $76 million in April, half from small donors

WASHINGTON (Reuters) - Former U.S.

Trump, RNC raise over $76 million in April, half from small donors

Qualcomm jumps as AI sparks rebound in Chinese smartphone market

(Reuters) - Qualcomm shares climbed about 10% to a more than two-year high on Thursday after the smartphone-focused chipmaker signaled an AI-fueled rebound in demand, especially in China, following a

Qualcomm jumps as AI sparks rebound in Chinese smartphone market

Maryland estimates bridge replacement cost at $1.7 billion - $1.9 billion

By David Shepardson WASHINGTON (Reuters) -Maryland said on Thursday it estimates it will cost $1.7 billion to $1.9 billion to rebuild a collapsed Baltimore bridge and anticipates it will be completed

Maryland estimates bridge replacement cost at $1.7 billion - $1.9 billion

Trump cites Biden classified records probe as he seeks to toss documents case

By Andrew Goudsward WASHINGTON (Reuters) - Donald Trump cited U.S.

Trump cites Biden classified records probe as he seeks to toss documents case

Thousands of hotel workers to rally in 18 cities ahead of contract negotiations

By Doyinsola Oladipo NEW YORK (Reuters) - Unionized hotel workers demanding significant pay raises will rally on May Day in 18 U.S. and Canadian cities, as talks are beginning with operators Marriott

Thousands of hotel workers to rally in 18 cities ahead of contract negotiations

US State Secretary Blinken to travel to Saudi Arabia next week

WASHINGTON (Reuters) -U.S.

US State Secretary Blinken to travel to Saudi Arabia next week

Northern Gaza still heading toward famine, says deputy WFP chief

By Michelle Nichols UNITED NATIONS (Reuters) - The northern Gaza Strip is still heading toward a famine, the deputy U.N. food chief said on Thursday, appealing for a greater volume and diversity of

Northern Gaza still heading toward famine, says deputy WFP chief

UPS, FedEx transition to electric vans slowed by battery shortages, low supply

By Lisa Baertlein, Abhirup Roy and Nick Carey LOS ANGELES/SAN FRANCISCO (Reuters) -UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas

UPS, FedEx transition to electric vans slowed by battery shortages, low supply

Mercedes-Benz says it will continue to invest in Chinese tie-ups

By Sarah Wu BEIJING (Reuters) -Mercedes-Benz executives said on Thursday the company would continue to invest in tie-ups with Chinese partners including automaker BAIC Group, underscoring the

Mercedes-Benz says it will continue to invest in Chinese tie-ups

Ukraine says it foiled a Russian spy agency plot to assassinate President Zelenskyy

Ukrainian counterintelligence investigators say they have foiled a Russian plot to assassinate President Volodymyr Zelenskyy and other top military and political figures

Ukraine says it foiled a Russian spy agency plot to assassinate President Zelenskyy

Goldman Sachs, BofA shareholders reject proposals for CEO-chair split

By Saeed Azhar and Nupur Anand SALT LAKE CITY, Utah, NEW YORK (Reuters) -Goldman Sachs and Bank of America shareholders voted against proposals to divide the CEO and chairman roles at both banks on

Goldman Sachs, BofA shareholders reject proposals for CEO-chair split

Starbucks loses appeal over union election at Seattle store

By Daniel Wiessner (Reuters) -A U.S. appeals court on Wednesday rejected Starbucks' claims that an employee vote to unionize at the coffee company's flagship Seattle store was invalid because it was

Starbucks loses appeal over union election at Seattle store
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