KOSTIANTYNIVKA, Ukraine (AP) — Seemingly abandoned during the day, the damaged factory building in eastern Ukraine comes to life at night, when the smell of fresh bread emanates from its broken windows. It’s one of two large-scale bakeries left in operation in the Ukrainian-held part of the Donetsk region, most of which is under Russian…
By Casey Hall SHANGHAI (Reuters) – Billionaire Richard Liu, founder of one of China’s largest e-commerce platforms JD.com, has settled a civil suit brought by former University of Michigan student Liu Jingyao, who had accused him of rape. The suit was part of a long-running legal battle between Richard Liu and Liu Jingyao, who was…
COPENHAGEN, Denmark (AP) — The beginning of October means Nobel Prize season. Six days, six prizes, new faces from around the globe added to the world’s most elite roster of scientists, writers, economists and human rights leaders. This year’s Nobel season kicks off Monday with the medicine award, followed by daily announcements: physics on Tuesday,…
By Carolyn Cohn, Tommy Wilkes and Carolina Mandl LONDON/NEW YORK (Reuters) – Calls to the Bank of England saying some British pension funds were struggling to meet margin calls began on Monday. By Wednesday they were getting more urgent and coordinated. Wild gyrations in financial markets in response to a government “mini-budget” on Sept. 23…
By Thomas Escritt and Christoph Steitz BERLIN (Reuters) -Germany’s largest power producer RWE AG said on Saturday it had agreed to buy Con Edison Inc’s Clean Energy Businesses subsidiary for $6.8 billion, doubling down on the world’s second-biggest renewables market. The deal will be partly funded via a $2.43 billion convertible bond issued to a…
MONTREAL (Reuters) – Nigeria would consider buying China’s newly-certified C919 passenger jet as it grows the country’s fledgling carrier Nigeria Air to 30 planes by around 2025, Aviation Minister Hadi Sirika said on Saturday. Sirika said the new airline would have a mixture of Airbus and Boeing planes, but added the carrier is also willing…
By Alexander Marrow MOSCOW (Reuters) -The multi-coloured toys piling up on the Russian shop shelves may look familiar. But the bright red and yellow Lego store logos have gone, replaced by Mir Kubikov, or World of Cubes. Russian retail group IRG has unveiled plans for 65 new shops across 20 cities, to replace ones it…
(Reuters) -TikTok is due to enter a partnership with Los Angeles-based TalkShopLive to launch its live shopping platform in North America by outsourcing its operation, the Financial Times reported on Saturday citing two people familiar with the operations. The companies are still finalizing the arrangements, the FT report said, adding that no contracts have been…
SOFIA, Bulgaria (AP) — Bulgaria opened a natural gas link with Greece at a ceremony Saturday attended by the leader of the European Union’s executive arm, who emphasized the bloc’s determination to stop relying on Russian energy imports. Speaking at a ceremony in Sofia, European Commission President Ursula von der Leyen hailed the pipeline as…
(Reuters) – Meta Platforms Inc said on Friday its board had approved providing personal security services to former Chief Operating Officer Sheryl Sandberg, citing “continuing threats to her safety”. The company, however, did not elaborate on the threats that Sandberg, one of the most powerful women in Silicon Valley, faces. It expects to continue to…
