By Jonathan Stempel NEW YORK (Reuters) -Donald Trump is free to skip a New York trial over accusations he raped a writer nearly 30 years ago, but jurors will for now not be told his absence was meant to avoid snarled traffic and heavy security, a federal judge ruled on Thursday. U.S. District Judge Lewis…
PARIS (Reuters) – French carmaker Renault has picked BNP Paribas, Goldman Sachs and JPMorgan among the investment banks slated to work on the planned listing of its electric car business, Ampere, a source close to the matter said on Thursday. The three banks will act as joint global coordinators on the initial public offering (IPO)…
SAO PAULO/BRASILIA (Reuters) -Brazil’s finance minister said on Thursday the country would implement a “digital tax” on shipments from e-commerce giants, after backtracking earlier this week from a decision to tax individual-to-individual shipments of up to $50. “We will follow the example of developed nations, a digital tax,” Finance Minister Fernando Haddad told reporters. “Consumers…
By Dave Sherwood HAVANA (Reuters) – Russian Foreign Minister Sergei Lavrov met on Thursday with Cuban President Miguel Diaz-Canel and Foreign Minister Bruno Rodriguez in Havana, the latest in a series of visits to shore up support among Russia’s closest allies in Latin America. Russia, hit by Western sanctions over the conflict in Ukraine, is…
By Amna Karimi and Abhijith Ganapavaram (Reuters) -Union Pacific Corp’s chief executive officer said on Thursday the railroad operator was considering slowing down the pace of hiring in the second half of the year amid a cloudy economic outlook, becoming the latest U.S. company to evaluate its staffing plans. CEO Lance Fritz told Reuters in…
By Michael S. Derby NEW YORK (Reuters) -Cleveland Federal Reserve President Loretta Mester said on Thursday the U.S. central bank still has more interest rate increases ahead of it, while noting the aggressive move to boost the cost of borrowing over the last year to quash high inflation is nearing its end. “Demand is still…
By Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s peso currency sank in widely used parallel markets on Thursday, hitting a record low against the U.S. dollar as concerns grew about the Latin American country’s economy, with 104% inflation, reserves dwindling and drought hitting exports. The black market peso, one of several unofficial rates that have…
By Kate Abnett BRUSSELS (Reuters) – The world could breach a new average temperature record in 2023 or 2024, fuelled by climate change and the anticipated return of the El Nino weather phenomenon, climate scientists say. Climate models suggest that after three years of the La Nina weather pattern in the Pacific Ocean, which generally…
By Tyler Clifford (Reuters) – Florida Governor Ron DeSantis signed a bill on Thursday ending a requirement that juries need to vote unanimously to recommend capital punishment before a judge in a capital felony trial can sentence a defendant to death. The Republican governor, who is expected to run for his party’s 2024 presidential nomination,…
By Emilio Parodi and Mimosa Spencer MILAN/PARIS (Reuters) -Europe’s flourishing luxury goods industry was under scrutiny on Thursday after European Union antitrust regulators inspected Gucci’s Milan headquarters this week as part of an investigation spanning several countries and companies. The European Commission said on Tuesday that antitrust regulators had raided companies in the fashion sector…
