Reuters - Squid Business

Brazil’s Natura&Co resumes studies for Avon deal after US court OKs creditors agreement

SAO PAULO (Reuters) – Brazilian cosmetics maker Natura&Co will once again start to weigh what to do with its Avon business outside Latin America, it said in a securities filing on Wednesday. Natura had halted those plans in August, when its Avon Products unit, a U.S.-based non-operating holding that it bought in 2020 as part …

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EU chief lands in South America to seal trade deal as France seethes

By Lisandra Paraguassu, Philip Blenkinsop and Lucinda Elliott MONTEVIDEO/BRUSSELS (Reuters) -European Commission President Ursula von der Leyen landed in Uruguay on Thursday seeking to finalize a long-delayed trade deal between the European Union and South America’s Mercosur bloc, even as France slammed the agreement as “unacceptable”. Von der Leyen arrived hours after President Emmanuel Macron’s …

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Olympics-LA 2028 Games enjoy support of incoming Trump administration says IOC

LAUSANNE, Switzerland (Reuters) – The International Olympic Committee has no concerns over working with Donald Trump and his incoming administration on the Los Angeles 2028 Summer Olympics given the President-elect’s continued support of those Games, IOC President Thomas Bach said on Thursday. The Los Angeles Olympics were awarded in 2017 when Trump was president following …

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VW workers step up strikes to fight German plant closures

(Reuters) -Volkswagen workers will go on extended strikes on Monday, stepping up a bitter dispute with management over layoffs and what would be the first factory closures on German soil for Europe’s largest carmaker, a union statement said on Thursday. The IG Metall union said workers would down tools for four hours at nine different …

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Woman charged with stalking ex-UK finance minister Osborne and wife

LONDON (Reuters) – A British woman has been charged with stalking former British finance minister George Osborne and his wife for more than a year, according to court records. Lydia Suffield, 27, is due to appear at London’s Westminster Magistrates’ Court on Monday charged with stalking Osborne, finance minister from 2010 until 2016, and Thea …

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Two men charged over attack on British-Iranian journalist

LONDON (Reuters) -British prosecutors said on Thursday they had authorised charges to be brought against two Romanian men over the stabbing of a journalist working for a Persian language media organisation in London in March. Pouria Zeraati, a British-Iranian journalist who works for Iran International, sustained leg injuries after being stabbed near his home in …

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Tariffs under first Trump term hurt US firms, NY Fed analysis says

By Howard Schneider (Reuters) – Import tariffs during President-elect Donald Trump’s first term broadly lowered stock values on the day they were unveiled, and were associated with lower future profits, sales and employment for the firms whose equity prices were hit the hardest, new analysis by Federal Reserve Bank of New York staff concluded. Firms …

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Nornickel’s largest investor Interros objects to Rusal lawsuit over dividends

By Anastasia Lyrchikova MOSCOW (Reuters) – Nornickel’s largest shareholder Interros said on Thursday it had filed an objection to a London lawsuit brought by fellow shareholder Rusal, alleging that Rusal is attempting to maximise dividends even if doing so is not in Nornickel’s best interests. The long-running dispute between Nornickel Chief Executive Vladimir Potanin, who …

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Dozens killed in Israeli strikes on Gaza; Amnesty calls Israel’s actions ‘genocide’

By Nidal al-Mughrabi and Mohammad Salem CAIRO/GAZA (Reuters) – The Israeli military killed at least 39 Palestinians in strikes across the Gaza Strip overnight, medics said on Thursday, including at least 20 in an attack that set ablaze tents sheltering displaced families in a crowded camp. Residents carried a body wrapped in carpets out of …

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Western states assail Russia’s Lavrov over Ukraine at OSCE meeting

By Christopher Scicluna VALLETTA (Reuters) -Western countries including the United States assailed Russian Foreign Minister Sergei Lavrov over the war in Ukraine on Thursday at an annual meeting of the Organization for Security and Cooperation in Europe in Malta. Ukraine dominated the foreign ministers’ meeting politically although envoys were also due to formally approve agreements …

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