BERLIN (AP) — Hans-Christian Stroebele, a German lawyer who defended members of the far-left Red Army Faction and later became the Green party’s first directly elected constituency lawmaker, has died. He was 83. German news agency dpa quoted his attorney, Johannes Eisenberg, saying Wednesday that Stroebele died on Aug. 29 after a long illness. Stroebele,…
(Reuters) – Bed Bath & Beyond Inc on Wednesday disclosed in a regulatory filing that it could offer more of its common shares, sending the value of its stock down about 20% in premarket trading. The struggling home goods retailer, which is a favorite among retail traders, did not reveal the size of the potential…
NEW YORK (AP) — As winter nears, European nations, desperate to replace the natural gas they once bought from Russia, have embraced a short-term fix: A series of roughly 20 floating terminals that would receive liquefied natural gas from other countries and convert it into heating fuel. Yet the plan, with the first floating terminals…
By Julia Payne LONDON (Reuters) -Oil prices continued to slide on Wednesday on investor worries about the ailing state of the global economy, the prospect of central bank interest rate hikes, and increased restrictions to curb COVID-19 in China. Brent crude futures for October, due to expire on Wednesday, were down $3.56 at $95.75 a…
BERLIN (AP) — Mikhail Gorbachev, the last leader of the Soviet Union and for many the man who restored democracy to then-communist-ruled European nations, was saluted Wednesday as a rare leader who changed the world and for a time brought hope for peace among the superpowers. But the man who died Tuesday at 91 was…
LONDON (AP) — Inflation in the European countries using the euro currency hit another record in August, fueled by soaring energy prices mainly driven by Russia’s war in Ukraine. Annual inflation in the eurozone’s 19 countries rose to 9.1%, up from 8.9% in July, according to the latest figures released Wednesday by the European Union…
By Dawn Chmielewski and Sheila Dang bu(Reuters) – Netflix Inc lured two of Snap Inc’s top executives to lead its advertising sales team, the company announced Tuesday, poaching two people that lent the social media company credibility with brand marketers. Netflix confirmed it hired Snap’s chief business officer, Jeremi Gorman, as its new president of…
PARIS (Reuters) -Airbus finance chief Dominik Asam will leave the company to take on the same role for German software group SAP from March 2023, the companies said on Wednesday. Asam, 53, joined Airbus in 2019 after having worked at German chip maker Infineon as finance chief since 2011. “I hope to stay in close…
TOKYO (AP) — Toyota is investing 730 billion yen ($5.6 billion) in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Wednesday. Production is set to start between 2024 and 2026. In Japan, 400 billion yen ($3 billion) will go into the Himeji Plant of Prime Planet Energy…
BEIJING (AP) — Chinese manufacturing contracted in August amid weak export and consumer demand, a survey showed Wednesday, adding to downward pressure on the struggling economy. A monthly index improved to 49.4 from July’s 49 on a 100-point scale but still was below the 50-point mark that shows activity contracting, according to the national statistics…
