WASHINGTON (Reuters) -White House domestic policy adviser Susan Rice is departing after two years, U.S. President Joe Biden said in a statement on Monday praising her efforts on healthcare and immigration while noting her historic role serving as a top domestic and national security aide in two administrations. “After more than two years of her…
JERUSALEM (Reuters) -A Palestinian man drove his car into a crowd on a Jerusalem street on Monday, injuring five people before being shot dead by a passerby, Israeli police said. Hours earlier, Israeli troops killed a Palestinian during a raid in the occupied West Bank, the latest in a long series of incidents during an…
By Hyonhee Shin SEOUL (Reuters) -South Korean President Yoon Suk Yeol set off on Monday for the United States and a summit with President Joe Biden at a time of rare questioning in South Korea of an alliance that has guaranteed its security for decades. Yoon’s April 24-29 trip is the first state visit to…
By Blake Brittain (Reuters) -U.S. aerospace company Textron Inc won a $279 million verdict on Friday against Chinese drone maker DJI Technology, persuading a federal jury in Waco, Texas that DJI willfully infringed its patents. The jury agreed with subsidiary Textron Innovations Inc after a week-long trial that DJI’s drones violate its rights in two…
By Kirstin Ridley LONDON (Reuters) – A former Barclays banker alleges he was undermined, harassed and denied appropriate compensation and promotion because of his Cameroonian background after raising concerns about how the bank constructed some financial models. Louis Samnick, 44, who left Barclays in 2021 after a decade at the bank, is the second of…
FRANKFURT (Reuters) – German pharmaceuticals and agriculture group Bayer on Monday confirmed its 2023 sales and earnings guidance and reiterated that business would not really pick up before the second half of the year. “We are expecting business to be relatively sluggish in the first half-year compared with the very strong previous year,” Chief Executive…
(Reuters) -Lawsuits have been filed over the terms of last month’s emergency deal to save Swiss lender Credit Suisse by selling it to its bigger rival UBS. The 3 billion Swiss franc ($3.4 billion) rescue, hammered out over a weekend during a bout of turmoil in the global banking sector, upended a long-established practice of…
MILAN (Reuters) – Goldman Sachs had raised a stake in Italian bank UniCredit it built mostly through various financial derivative contracts to 7.62% as of April 18, a regulatory filing showed on Monday. The stake, held by Goldman through a number of its own companies, stood at 6.2% on April 13 and rose to as…
By Chris Prentice and Luc Cohen NEW YORK (Reuters) – U.S. prosecutors will square off this week against a former employee of OpenSea, the world’s largest marketplace for non-fungible tokens (NFTs), whom they accuse of insider trading. The charges against Nathaniel Chastain, a former OpenSea product manager, were the first in a series of high-profile…
By Nichola Groom (Reuters) – U.S. President Joe Biden’s plan to challenge China’s dominance in solar panel manufacturing hinges in large part on rules his administration will soon release defining what it means for a product to be American-made, according to industry officials. The Biden administration’s Inflation Reduction Act is offering billions of dollars in…
