WASHINGTON (Reuters) -South Korea’s Washington ambassador Cho Hyun-dong said on Friday he was sure North Korean human rights would be given significant attention in summit talks between South Korean President Yoon Suk Yeol and U.S. President Joe Biden next week. In a virtual address to the same event at Washington’s Center for Strategic and International…
PARIS (Reuters) – French police are involved in an ongoing investigation relating to a probe by EU antitrust regulators into possible violations by European luxury companies, a police spokesperson said on Friday. The European Commission said on Tuesday that antitrust regulators had raided companies in the fashion sector in multiple EU countries, but did not…
(Reuters) -Lyft Inc CEO David Risher said on Friday the ride-hailing company will “significantly” cut jobs in another round of layoffs to reduce costs, sending its shares up about 4%. The company declined to provide details on the number of affected staff, but the Wall Street Journal reported earlier in the day the move could…
By Mike Scarcella (Reuters) – Amazon.com Inc on Thursday defeated a private lawsuit in Seattle federal court that accused the national retailer of a scheme to curb competition for shipping and fulfillment services, causing consumers to pay more for purchases in violation of U.S. antitrust law. U.S. District Judge Ricardo Martinez in his ruling said…
By Mike Scarcella (Reuters) – Amazon.com Inc on Thursday defeated a private lawsuit in Seattle federal court that accused the national retailer of a scheme to curb competition for shipping and fulfillment services, causing consumers to pay more for purchases in violation of U.S. antitrust law. U.S. District Judge Ricardo Martinez in his ruling said…
By Jessica DiNapoli and Ananya Mariam Rajesh (Reuters) -Procter & Gamble Co’s customers, particularly in the United States, continued to show little resistance to repeated price hikes helping the Tide detergent maker boost its sales forecast and third-quarter margins. The maker of Pampers diapers, Pantene shampoo and Oral-B toothpaste raised average prices across its categories…
By Anait Miridzhanian and Carien du Plessis JOHANNESBURG (Reuters) – Ukrainian activist Oleksandra Romantsova this week suggested to South African officials that it would be better for Russian President Vladimir Putin to dial in to this year’s BRICS summit in South Africa rather than attend in person. The International Criminal Court (ICC) issued an arrest…
By Callaghan O’Hare (Reuters) – The day after her 22d birthday, a woman sits under a blanket clutching her abdomen in a room lit by a single lamp. A little more than 18 weeks pregnant, she has traveled nearly nine hours from her home to Missoula, a college town in the western Montana mountains, for…
By Kirstin Ridley, Jahnavi Nidumolu and John Revill LONDON (Reuters) -Investors representing more than 4.5 billion Swiss francs ($5 billion) of Credit Suisse bonds have sued the Swiss regulator after their investments were wiped out during last month’s government-orchestrated rescue. Law firm Quinn Emanuel Urquhart & Sullivan, which is representing the bondholders, said on Friday…
By Caroline Valetkevitch NEW YORK (Reuters) – Investors worried the U.S. could be on the brink of a recession may be relieved by some early comments from company executives this earnings season suggesting demand remains strong and any potential downturn will likely be mild. American Express Co’s chief financial officer was among the latest to…
