By Emma Farge and Gabrielle Tétrault-Farber GENEVA (Reuters) -The U.N. Human Rights Council on Thursday narrowly passed a motion to increase monitoring of human rights abuses in Sudan where hundreds of civilians have been killed since a conflict erupted last month. The Western-led motion, which passed with 18 in favour and 15 against, had been…
CONAKRY (Reuters) -Guinea was hit by further anti-government protests on Thursday after organisers said at least seven people had been killed and 32 injured during demonstrations in the capital Conakry and other towns a day earlier. Police in riot gear fired tear gas at protestors who threw rocks and burnt tyres in Conakry on Thursday,…
By Chris Prentice WASHINGTON (Reuters) -U.S. regulators on Thursday slapped units of Bank of Nova Scotia and HSBC Holdings with civil penalties for widespread recordkeeping violations through employees’ use of personal devices and apps for work communications. HSBC Securities Inc and Scotia Capital, registered brokers with the U.S. Securities and Exchange Commission (SEC), have agreed…
By Greg Bensinger (Reuters) -Google announced a flurry of artificial intelligence products – but users might need AI just to understand them all. The Alphabet Inc unit on Wednesday demonstrated or referenced at least 15 different AI products and features ranging from software solely for creating smartphone wallpaper to another for organizing personal files to…
By Howard Schneider WASHINGTON (Reuters) -Climate change does not pose such “significantly unique or material” financial stability risks that the Federal Reserve should treat it separately in its supervision of the financial system, Fed Governor Christopher Waller said on Thursday in a detailed rebuttal of demands for climate initiatives by the U.S. central bank. “Climate…
By Marie Mannes STOCKHOLM (Reuters) – Swedish electric vehicle (EV) maker Polestar lowered its 2023 production guidance on Thursday and said it would cut headcount by 10%, citing a delayed production start for its Polestar 3 and a challenging environment for the industry. The auto maker said it now expected to produce between 60,000 and…
By Max Hunder KYIV (Reuters) – A Ukrainian brigade commander fighting in the ruins of Bakhmut said Russian mercenary forces have stepped up shelling and artillery attacks in recent days and were not facing a munitions shortage, despite its chief’s claims to the contrary. Russian mercenary boss Yevgeny Prigozhin has complained for weeks that Russia’s…
By David Shepardson WASHINGTON (Reuters) -A U.S. Senate panel on Wednesday approved rail safety legislation that tightens rules on trains carrying explosive substances like the Norfolk Southern-operated train that derailed on Feb. 3 in Ohio, catching fire and releasing over a million gallons of hazardous materials and pollutants. The U.S. Senate Commerce Committee voted 16-11…
By Jonathan Stempel (Reuters) – Berkshire Hathaway-owned Dairy Queen is exploring options to expand in new markets, perhaps including Taiwan, the company’s CEO said, even as geopolitical concerns with China simmer. Owned by Warren Buffett’s Berkshire Hathaway since 1998, the fast-food chain counts China as its second-largest market, operating more than 1,250 stores there out…
(This May 10 story has been corrected to fix the bids closing to March 24, not March 10, in paragraph 3) (Reuters) – Blackstone Inc and Apollo Global Management were among about 20 bidders for some assets of collapsed Silicon Valley Bank, the Federal Deposit Insurance Corporation (FDIC) said on Wednesday. PNC Financial Services, Valley…
