By Andrew Chung WASHINGTON (Reuters) – Nohemi Gonzalez, a 23-year-old aspiring industrial designer, ventured to Paris as a student at California State University, Long Beach on a study-abroad program. She lost her cellphone, so one day in November 2015 she let her mother Beatriz know she was well with a one-word message on Facebook: “Mommy.” …
A family’s tragedy leads to U.S. Supreme Court social media showdown Read More »
By Maiya Keidan and Divya Rajagopal TORONTO (Reuters) – As Rogers Communications’ long-delayed takeover of Shaw Communications Inc nears its final hurdle, bankers, lawyers and shareholder advisors are preparing to finally pocket a C$100 million-plus ($75 million) fee from the bitterly contested deal. And in a rare twist, the lawyers are expected to pocket more …
Rogers-Shaw lawyers could nab bigger share of C$100 million-plus fee jackpot Read More »
By Max Hunder KYIV (Reuters) -U.S. President Joe Biden promised new military aid for Ukraine worth $500 million during a surprise visit to Kyiv on Monday, almost a year to the day since Russia’s invasion. In a trip showing solidarity with Kyiv, Biden also said additional sanctions would be announced this week against the Russian …
Biden promises new military aid for Kyiv during ‘historic’ visit Read More »
By Vera Eckert FRANKFURT (Reuters) -Germany will do most of the work this year to prepare its power market for greater reliance on renewable supplies by the end of the decade, Economy Minister Robert Habeck said on Monday. Habeck aims to overhaul the 550 terawatt hours a year (TWh) market as demand increases and production …
Germany to accelerate power market reform, minister says Read More »
STOCKHOLM (Reuters) -Telecoms gear maker Ericsson plans to cut about 1,400 jobs in Sweden as part of a broader plan to reduce costs globally, it said on Monday. The company had earlier announced plans to cut costs by 9 billion crowns ($880 million) by the end of 2023 as demand slows in some markets, including …
LONDON (Reuters) – The coming week will mark a year since Russia invaded Ukraine. The war goes on, but the world, and the markets, are in a very different place from last February. Here’s a look at the week ahead in markets from Kevin Buckland in Tokyo, Naomi Rovnick and Karin Strohecker in London, Vidya …
By Dominique Vidalon PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Monday he will meet retailers this week to find ways to help shoppers cope with high food price inflation, with a view to finding a solution to the problem by March 15. “I will hold talks with French retailers this week… …
French Finance Minister to meet retailers this week over food inflation worries Read More »
By Faith Hung TAIPEI (Reuters) – Taiwan’s export orders in January contracted from a year earlier for a fifth month in a row, though at a slower pace, hit by a continued slump in Chinese demand and weaker global consumer spending due to inflation and interest rate rises. The island’s export orders, a bellwether for …
Taiwan Jan export orders fall more slowly, downside risks remain Read More »
BANGKOK (Reuters) – Thai banks’ non-performing loans stood at 2.73% of total lending at the end of December 2022, down from 2.77% at the end of September, helped by debt restructuring, the central bank said on Monday. The banking system remained strong with high levels of capital, loan-loss provisions and liquidity and was able to …
Thai banks’ bad loans slow to 2.73% of lending at December-end -central bank Read More »
(This Feb. 17 story has been corrected to fix SoftBank Group’s Reuters Instrument Code in paragraph 4.) By Echo Wang NEW YORK (Reuters) – Is the IPO winter finally easing? A year after Russia’s invasion of Ukraine and an inflation rally fueled a bout of market volatility that prevented most initial public offerings in 2022, …
