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‘Parasite’ director Bong, South Korean artists urge probe into handling of actor case

By Hyonhee Shin SEOUL (Reuters) -A group of South Korean filmmakers, actors and industry officials, including “Parasite” director Bong Joon-ho, on Friday called for a probe into the handling by police and media of drug abuse allegations involving late actor Lee Sun-kyun. Lee, who shot to global fame with his performance as the wealthy patriarch …

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FTSE 100 ends higher as miners, defence stocks offset Burberry losses

By Shubham Batra and Sruthi Shankar (Reuters) -The FTSE 100 closed higher on Friday after a jump in commodity-linked stocks offset losses in luxury group Burberry, but uncertainty around the outlook for interest rate cuts meant the main UK stock indexes logged weekly declines. The blue-chip FTSE 100 climbed 0.6% on Friday, but the week’s …

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Ukraine and Britain sign security agreement in Kyiv

KYIV (Reuters) – Ukrainian President Volodymyr Zelenskiy and British Prime Minister Rishi Sunak on Friday signed a security accord between the two countries in Kyiv. Zelenskiy said it would remain in effect until Ukraine joined NATO, describing it as an “unprecedented security agreement”. “I am glad that we concluded the first agreement with the United …

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In moon race with China, U.S. setbacks test role of private firms

By Joey Roulette, Nivedita Bhattacharjee and Ryan Woo WASHINGTON (Reuters) – Two U.S. setbacks this week in the race to the moon with China illustrate the risks of NASA’s plans to bet on a new strategy of relying heavily on private companies. Fresh delays in the U.S. space agency’s Artemis moon program and a propulsion …

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Nippon Steel’s Hashimoto to take CEO role as he seeks to finalise US Steel deal

By Kantaro Komiya and Yuka Obayashi TOKYO (Reuters) -Nippon Steel said on Friday President Eiji Hashimoto will become CEO and chairman effective April 1, remaining at the helm as the top Japanese steelmaker aims to complete a deal to take over U.S. Steel. Executive Vice President Tadashi Imai and head of Nippon Steel’s initiative to …

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Exclusive-EU investigators to inspect China’s BYD, Geely and SAIC in EV probe – source

SHANGHAI/BRUSSELS (Reuters) -European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a probe into whether to impose punitive tariffs to protect European electric vehicle (EV) makers, three people involved in the process said. The inspectors will visit BYD, Geely and SAIC, two sources said, with one of them saying …

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India’s Wipro beats Q3 revenue estimates; sees growth in consulting

By Sai Ishwarbharath B and Nandan Mandayam BENGALURU (Reuters) -Wipro, India’s No.4 software-services exporter, reported better-than-expected revenue in the seasonally weak third quarter and highlighted early signs of a return to growth in client demand for its consulting services. The results led Wipro’s ADRs up 3.5% in pre-market trading, following signals from larger rivals Tata …

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Reactions to US, British strikes against Houthis in Yemen

(Reuters) -The United States and Britain launched a series of strikes on Yemen on Thursday aimed at the Iran-backed Houthi militia that started targeting international shipping in the Red Sea late last year. Reactions included anger from Russia and Iran, support from U.S. allies and criticism from progressive Democrats in the U.S. Congress: RUSSIAN FOREIGN …

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‘Remarkable’ surge in auto insurance costs fans US inflation

(Reuters) – Even as U.S. inflation has eased in the last year, an unusual culprit has emerged in recent months as a surprise force in preventing consumer prices from falling even further: auto insurance. Consumer prices in December overall rose 3.4% from a year earlier, the Labor Department said on Thursday in the release of …

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Israel rejects genocide charges, tells World Court it must defend itself

By Anthony Deutsch, Toby Sterling and Stephanie van den Berg THE HAGUE (Reuters) -Israel on Friday rejected as false and “grossly distorted” accusations brought by South Africa at the U.N.’s top court that its military operation in Gaza is a state-led genocide campaign against Palestinians. Arguing it was acting to defend itself and was fighting …

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