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Taiwan to sign first deal under new trade framework with US
  + stars: | 2023-05-31 | by ( ) www.reuters.com   time to read: 1 min
Business category · June 1, 2023 · 12:24 AM UTC · undefined ago · undefined agoTesla Inc has doubled discounts on some already made new Model 3 electric cars and offered discounts on the Model Y and others in its U.S. inventory to entice buyers amid economic uncertainty, rising competition and the upcoming redesign of its mainstay model.
Organizations: Tesla
As he had last week, the British singer-songwriter played guitar and sang from the witness stand to underscore his testimony, telling jurors his song "Thinking Out Loud" had actually been inspired by Irish musician Van Morrison. Sheeran said he and other performers frequently perform such "mash ups," and that he had on other occasions combined "Thinking Out Loud" with Van Morrison's "Crazy Love" and Dolly Parton's "I Will Always Love You." He ridiculed Frank's questions about how often Sheeran collaborates with others in writing songs, which he said was common practice. If Sheeran is found liable, there will be a second trial to determine the damages amount. Reporting By Brendan Pierson in New York Editing by David Bario and Josie KaoOur Standards: The Thomson Reuters Trust Principles.
United States category · April 26, 2023 · 4:56 PM UTC · undefined ago · undefined agoFormer U.S. Treasury Secretary Lawrence Summers said the odds that the U.S. government could face a technical debt default due to legislation around its borrowing limit were at around 2%-3%, but that any default would be fixed quickly.
Podcast: What’s next for Trump?
  + stars: | 2023-04-05 | by ( ) www.reuters.com   time to read: 1 min
Podcast: What’s next for Trump? , article with imagePodcasts category · April 5, 2023 · 10:19 AM UTC · undefined ago · undefined agoManhattan prosecutors lay out their case against Donald Trump. What lies ahead for the former president?
Why does Elon Musk want to press pause on AI?
  + stars: | 2023-03-30 | by ( ) www.reuters.com   time to read: 1 min
Why does Elon Musk want to press pause on AI? , article with imagePodcasts category · March 30, 2023 · 10:22 AM UTC · undefined ago · undefined agoElon Musk wants an AI pause: is he concerned or playing catch up?
March 10 (Reuters) - The Chicago mayor's office said on Friday a $23.8 million settlement has been reached with Juul Labs Inc over claims that the e-cigarette maker deceptively marketed its products and for selling vaping products to underage users. In the settlement, Chicago said Juul has denied and continues to deny any wrongdoing and liability in connection with the design, manufacture, production, advertisement, marketing, distribution, sale, use, and performance of its products. According to the settlement, the company has agreed to pay the city $2.8 million within 30 days of the execution of the agreement. Chicago would receive an additional $21 million payment later this year under the current schedule and may potentially receive up to $750,000 additional, court-awarded payments, the Chicago mayor's office said. Altria Group Inc (MO.N), which had a stake in Juul valued at $12.8 billion in 2018, on Monday exchanged its investment in Juul, last valued at $250 million, for some of the vaping company's heated tobacco intellectual property.
Fed Chair Powell's testimony to Congress
  + stars: | 2023-03-07 | by ( ) www.reuters.com   time to read: 1 min
World category · undefined agoNew intelligence reviewed by U.S. officials suggests that a pro-Ukrainian group carried out the attack on the Nord Stream pipelines last year, the New York Times reported on Tuesday.
Estonia's ruling Reform party in the lead as 92% of parliament votes counted, article with imageEurope category · March 5, 2023 · 9:27 PM UTC · undefined ago · undefined agoEstonia's ruling liberal Reform party is leading Sunday's vote for parliament with 32.0% support as 92.4% of ballots have been counted, data from the national election authority showed.
China's annual parliament to implement Xi's tightening grip, article with galleryChina category · March 1, 2023 · 5:08 AM UTC · undefined ago · undefined agoChina's annual parliament opens on Sunday and will implement the biggest government reshuffle in a decade as Xi Jinping tightens control while contending with a host of challenges, from an uneven post-COVID economic recovery to cratering U.S. relations.
The women vying to run NATO and the revival of a sacred Māori tattoo: podcast, article with imagePodcasts category · February 27, 2023 · 11:59 AM UTC · undefined ago · undefined agoNATO’s other mission: Find a new boss. The ancient Māori practice of moko kauae goes viral. Dozens killed in migrant boat shipwreck off Italy.
Air New Zealand swings to first-half profit on soaring travel demand, article with imageBusiness category · February 22, 2023 · 8:17 PM UTC · undefined ago · undefined agoAir New Zealand Ltd swung to a first-half profit for the first time in three years on Thursday, helped by strong travel demand following the reopening of domestic and international borders, and strong cargo revenues which were above pre-COVID levels.
Snapchat now has 750 million monthly active users
  + stars: | 2023-02-16 | by ( ) www.reuters.com   time to read: 1 min
Instagram rolls out broadcast chat feature 'Channels', article with imageTechnology category · February 16, 2023 · 5:46 PM UTC · undefined ago · undefined agoInstagram, the social media platform owned by Meta Platforms Inc , is rolling out a broadcast chat feature called Channels, the company's boss Mark Zuckerberg said on Thursday.
The plastic waste fight is just beginning: podcast
  + stars: | 2023-02-07 | by ( Lisa Jucca | ) www.reuters.com   time to read: 1 min
How investors can profit from Fed-ECB divergence, article with imageBreakingviews category · February 7, 2023 · 2:06 PM UTC · undefined ago · undefined agoBreaking up is hard to do. Yet after matching each other step for step while tightening monetary policy over the last six months, U.S. Federal Reserve Chair Jerome Powell and his European counterpart Christine Lagarde are parting ways. The fragile state of the American economy and the euro zone’s surprise resilience could leave the European Central Bank as the lone hawk among major rate-setting institutions. Investors can benefit from the split by favouring the euro and European equities.
Pacific Equity Partners has pulled the plug on a deal to acquire Australia's ReadyTech Holdings , just a day after the private-equity firm withdrew its offer for the tech company to work on a new one. undefined ago
Dec 15 (Reuters) - Former FTX CEO Sam Bankman-Fried has made a bail application before The Bahamas Supreme Court, a source familiar with the matter said on Thursday, after a magistrate judge on Tuesday rejected the former crypto mogul's request for bail. The source, who asked not to be identified, said the application was made on Thursday. Bahamas broadcaster Eyewitness News on Thursday reported that the Supreme Court would hear the bail application on Jan. 17, without citing sources. Bankman-Fried amassed a fortune valued over $20 billion as he rode a cryptocurrency boom to build FTX into one of the world's largest exchanges before it abruptly collapsed this year. Reporting by Jasper Ward in Washington, editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.
[1/2] Demonstrators protest the killing of Patrick Lyoya, an unarmed Black man who was shot and killed by a Grand Rapids Police officer during a traffic stop on April 4, in Grand Rapids, Michigan, U.S., April 16, 2022. REUTERS/David 'Dee' Delgado/File PhotoDec 7 (Reuters) - The family of an African refugee who was shot and killed during a traffic stop in Grand Rapids, Michigan, has filed a civil lawsuit against the city and a former police officer charged with murdering him. The suit was filed on Wednesday in the U.S. District Court in Western Michigan, according to online records, on behalf of the family of Patrick Lyoya, a 26-year-old immigrant from the Democratic Republic of Congo. The attorneys will detail the lawsuit against Schurr and Grand Rapids, a city of less than 200,000 residents in western Michigan, at a news conference later on Wednesday. The attempted arrest unfolded after the officer stopped Lyoya over suspicions involving his license plate.
Polish c.bank says data suggests further slowdown
  + stars: | 2022-12-07 | by ( ) www.reuters.com   time to read: 1 min
Mexican financial system stable and resilient -central bank, article with imageWorld category · December 7, 2022 · 7:45 PM UTC · undefined ago · undefined agoMexico's financial system has a resilient and solid position despite global economic and market volatility, the country's central bank said on Wednesday during the launch of its financial stability report.
Russian court upholds $33 mln fine against Google
  + stars: | 2022-11-24 | by ( ) www.reuters.com   time to read: 1 min
Migrant politician has rocky start in Italian parliament, article with imageEurope category · November 24, 2022 · 5:16 PM UTC · undefined ago · undefined agoItaly's only Black lawmaker suspended himself from his left-wing party on Thursday after his family was accused of mismanaging funds and exploiting staff at two associations meant to help immigrants.
Argentina World Cup squad
  + stars: | 2022-11-11 | by ( ) www.reuters.com   time to read: 1 min
FIFA to set up new performance analysis service for World Cup, article with imageSoccer · November 11, 2022 · 3:52 PM UTC · undefined agoFIFA will share in-depth match data, graphics and video from every World Cup match in Qatar with all participating teams as well as supporters and media through a new performance analysis service announced on Friday.
[1/2] Kenya Airways pilots attend a court session after the association's management was summoned for contempt of a court order declaring as illegal the ongoing strike of Kenya Airways pilots, organised by KALPA, at the Milimani Law Courts, in Nairobi, Kenya, November 8, 2022. REUTERS/Monicah MwangiNAIROBI, Nov 8 (Reuters) - The striking pilots at Kenya Airways (KQNA.NR) have been ordered to resume work by November 9, a court ruled on Tuesday, while also barring the airline from penalising the pilots. Employment and Labour Relations court Judge Anna Mwaure ordered "the Kenya Airways pilots to resume their duties as pilots by 6 a.m on 9th November unconditionally." The order comes after a letter from the CEO of Kenya Airways earlier showed its plans to cancel its bargaining and recognition agreements with its pilots union, saying their current strike is unlawful and it amounts to economic sabotage. Members of the Kenya Airline Pilots Association (KALPA) — a union that represents about 400 pilots at the carrier - went on strike on Saturday after failing to resolve a dispute over their pensions contributions and settlement of deferred pay.
Companies Virgin Galactic Holdings Inc FollowNEW YORK, Nov 7 (Reuters) - A U.S. judge on Monday said British billionaire entrepreneur Richard Branson must face shareholder claims he concealed problems in Virgin Galactic Holdings Inc's (SPCE.N) spaceship program, and sold hundreds of millions of dollars of stock at inflated prices. Lawyers for Virgin and Branson did not immediately respond to requests for comment. The lawsuit covers shareholders who owned the stock of either from July 10, 2019, to Oct. 14, 2021, when Virgin grounded Unity and delayed its commercial space travel service. In Monday afternoon trading, Virgin shares were up 5 cents at $4.97. The case is Kusnier et al v. Virgin Galactic Holdings Inc et al, U.S. District Court, Eastern District of New York, No.
Companies Trump Organization Inc FollowNEW YORK, Nov 7 (Reuters) - Former U.S. President Donald Trump on Monday appealed a judge's order to install a watchdog at the Trump Organization before a civil fraud case by the state's attorney general goes to trial. Engoron's order bars the defendants from transferring assets without court approval, and requires that the monitor receive a "full and accurate description" of the Trump Organization's structure and assets. In a notice of appeal filed on Monday, Trump's lawyer Alina Habba and lawyers for his children, Eric Trump, Ivanka Trump, and Donald Trump, Jr., said the defendants asked the Appellate Division, a mid-level state appeals court, to review Engoron's order, without laying out her legal arguments. Trump, a Republican, last week called Engoron's order "ridiculous," and the Trump Organization called it an "obvious attempt" to influence Tuesday's midterm U.S. elections. The case is among many legal battles Trump faces as he mulls a 2024 bid for the presidency.
WASHINGTON, Nov 7 (Reuters) - A U.S. judge cited negative impacts on top-selling authors in blocking a planned $2.2 billion merger of Penguin Random House, the world's largest book publisher, and rival Simon & Schuster, according to a written opinion released Monday. Penguin is owned by German media group Bertelsmann SE & Co (BTGGg.F) while Paramount Global (PARA.O) owns Simon & Schuster. Pan said those best-selling authors "have fewer outlets that can satisfy their requirements, and therefore are vulnerable to anticompetitive behavior." Penguin writers include cookbook author Ina Garten and novelists Zadie Smith and Danielle Steele, while Simon & Schuster publishes Stephen King, Jennifer Weiner and Hillary Rodham Clinton, among others. The top five publishers are Penguin Random House, HarperCollins, Macmillan, Simon & Schuster and Hachette, with Walt Disney Co (DIS.N) and Amazon.com Inc (AMZN.O) also in the market.
UK's Sharma loses cabinet position in PM Sunak's reshuffle
  + stars: | 2022-10-25 | by ( ) www.reuters.com   time to read: 1 min
Retailers Tesco and Lidl fight over logo's trademark in UK court, article with galleryBusiness · October 25, 2022 · 6:54 PM UTC · undefined ago · undefined agoBritain’s biggest retailer Tesco tried to revive part of its lawsuit against discount supermarket Lidl on Tuesday, telling a London court that its German-owned rival had applied for trademarks for a yellow circle against a blue background in “bad faith”.
Australia casino firm Star to be fined $62 million following inquiry, article with imageBusiness · October 17, 2022 · 12:13 AM UTC · undefined ago · undefined agoAustralian casino firm Star Entertainment Group was fined A$100 million ($62 million) on Monday following an independent inquiry which found it failed to prevent money laundering and criminal activity in its Sydney casino.
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