By Jonathan Stempel and Jack Queen NEW YORK (Reuters) – A writer explained in graphic detail on Wednesday how Donald Trump allegedly raped her nearly 30 years ago, at a civil trial to determine whether the former U.S. president assaulted her and then lied about it. “I’m here because Donald Trump raped me, and when…
By Duncan Miriri MALINDI, Kenya (Reuters) – The leader of a Kenyan cult told his followers the world would end on April 15 and instructed them to starve themselves to be the first to go to heaven, a relative of cult members and hospital staff told Reuters on Wednesday. Eighty-nine followers of the Good News…
By Liz Hampton (Reuters) -Scott Sheffield, who built U.S. oil producer Pioneer Natural Resources into the largest producer in Texas, will retire at the end of the year, the company said on Wednesday. His departure likely will reignite perennial Wall Street talk that the Dallas-based company could become a takeover target. With its $52 billion…
MEXICO CITY (Reuters) -Walmart’s Mexico unit on Wednesday posted a 3.7% rise in first quarter net profit as same-store sales rose in all markets, but it flagged inflation concerns after falling behind competitors in Mexico. Walmart de Mexico, known as Walmex, recorded 11.5 billion pesos ($639 million) in net profit for the first three months…
By Sinéad Carew, Ankika Biswas and Sruthi Shankar (Reuters) – The tech-heavy Nasdaq closed slightly higher on Wednesday after strong Microsoft Corp results boosted technology shares, but the S&P 500 and the Dow fell on lingering concerns about a weakening U.S. economy and the banking sector. Economically sensitive transport stocks had their weakest day in…
DUBLIN (Reuters) – Irish consumer sentiment increased sharply to a 13-month high in April on falling energy costs and a less threatening outlook for European Central Bank interest rates, a survey showed on Thursday. The Credit Union Consumer Sentiment index climbed to 59.2 in April from 53.9 in March. That compares to September’s 14-year low…
SAO PAULO (Reuters) -Brazil’s Vale, one of the world’s largest miners, reported a first quarter net profit down 59% from a year earlier, far below analyst expectations, as profits were dragged down by weaker sales and lower iron ore prices. The company posted a net profit of $1.8 billion for the first three months of…
By Davide Barbuscia CHICAGO (Reuters) – BlackRock has been buying U.S. Treasuries in anticipation of an economic slowdown and a protracted fight between the U.S. government and Congress around the debt limit, BlackRock Chief Investment Officer of Global Fixed Income Rick Rieder said on Wednesday. A U.S. debt default, though considered unlikely, would send financial…
SHANGHAI (Reuters) – Apple Inc and its Android rivals saw sales slide in the first quarter in China, research firm Canalys reported on Thursday, as consumers continued to tighten their belts following the lifting of COVID-19 restrictions. The iPhone maker was the top-selling brand over the first three months of the year, with 20% market…
By Sarah N. Lynch WASHINGTON (Reuters) -A jury on Wednesday convicted Grammy Award-winning rapper Prakazrel “Pras” Michel of The Fugees hip hop group on criminal charges that he conspired with a Malaysian financier to orchestrate a series of foreign lobbying campaigns aimed at influencing the U.S. government under two presidents. His conviction in federal court…
