By Brendan Pierson (Reuters) – Tobacco giant Altria Group Inc is set to face trial Monday in a lawsuit by San Francisco’s public school district accusing the company of fueling a teen vaping epidemic, along with e-cigarette maker Juul Labs Inc. The San Francisco Unified School District says teachers and staff “have had to go…
LONDON (Reuters) – Oscar-winning actor Kevin Spacey appeared by videolink for a brief hearing at a London court on Friday ahead of his trial on sex offence charges in June. Spacey has previously pleaded not guilty to 12 charges relating to alleged offences against four men, which are said to have taken place between 2001…
BERLIN (Reuters) – Rail workers went on strike across Germany on Friday, mostly bringing national operator Deutsche Bahn’s services to a halt in the morning hours, as protests over pay in Europe’s largest economy widened. Germany has witnessed some of its most disruptive strikes in decades since last year, when the war in Ukraine sent…
By Jack Queen (Reuters) – The eye-popping $787.5 million settlement Fox made to resolve the Dominion Voting Systems defamation lawsuit left unanswered one of the biggest questions in the case: was the Denver-based voting-technology company owed as much as it claimed? Dominion in its lawsuit said Fox News and parent company Fox Corp ruined its…
BEIRUT/PARIS (Reuters) – French prosecutors have told Lebanon’s central bank governor Riad Salameh they plan to press preliminary fraud and money laundering charges against him, partly based on allegedly forged bank statements used to conceal his wealth, according to French court documents seen by Reuters. The accusation of using fake account statements, which had not…
By Uditha Jayasinghe (Reuters) -Sri Lanka’s National Consumer Price Index (NCPI) eased to 49.2% year-on-year in March, after a 53.6% rise in February, the statistics department said on Friday. Food inflation eased to 42.3% in March from 49% in February, while non-food inflation was at 54.9%, the Department of Census and Statistics said in a…
BEIJING (Reuters) – China’s overall exports to North Korea in March rose sharply compared with the same month last year for the second month in a row, with the major export items including rice, Chinese customs data showed on Friday. Chinese outbound shipments to the isolated country surged 141.7% year-on-year last month following a 161.5%…
WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy has floated a plan that would pair $4.5 trillion in spending cuts with a $1.5 trillion increase in the U.S. debt ceiling. His proposal does not include some of the more dramatic fiscal ideas floated by Republicans who control the House. Here are some possibilities…
By Suban Abdulla and William Schomberg LONDON (Reuters) -British businesses reported their busiest month in a year and consumers turned more confident, according to surveys published on Friday that added to signs of a recovery in the economy that has so far defied forecasts of a recession. The preliminary reading of the S&P Global/CIPS UK…
HELSINKI (Reuters) – The European Central Bank should maintain a tightening monetary policy that restricts demand, Finnish central bank Governor Olli Rehn said in a speech on Friday. “In monetary policy, we have moved into an area that restricts aggregate demand, and there is no reason for us to abandon it or exit it prematurely,”…
