(Reuters) – Russian Foreign Minister Sergei Lavrov said on Wednesday that White House officials had requested the release of detained Americans Evan Gershkovich and Paul Whelan in conversations with a Kremlin official. In an interview with a Russian TV channel, Lavrov said White House officials “sometimes call” Yury Ushakov, a presidential aide specialising in foreign…
By Trixie Yap and Florence Tan SINGAPORE (Reuters) – Finnish refiner Neste expects renewable fuels from its new facilities in Singapore and the U.S. to drive its growth this year despite expectations of lower oil product margins in the second quarter, its chief executive said on Wednesday. “The macroeconomic situation is something that is affecting…
By Jody Godoy (Reuters) -Theranos founder Elizabeth Holmes and former CEO Ramesh “Sunny” Balwani were on Tuesday ordered to pay $452 million to victims of the blood-testing startup’s fraud, and an appeals court also denied Holmes’ request to remain out of prison while challenging her conviction. Holmes, who rose to fame after claiming Theranos’ small…
LISBON (Reuters) – Portugal’s conservative President Marcelo Rebelo de Sousa has signed a bill decriminialising euthanasia into law in the Catholic-majority country after parliament on Friday overturned the last of his four vetoes. His office said in a statement the president had enacted the legislation “as he is obliged” to do so under the constitution….
WASHINGTON (Reuters) -President Joe Biden’s administration is seeking to meet with the makers of the life-saving medication naloxone used to reverse opioid overdoses, in an effort to increase access and reduce cost, a spokesperson for the White House Office of National Drug Control Policy said. ONDCP Director Dr. Rahul Gupta “plans to have conversations with…
By John Revill (Reuters) -Siemens raised its full year sales and profit guidance on Wednesday after the German engineering and technology group beat sales forecasts during its second quarter. The maker of products ranging from trains and industrial software was in confident mood, boosted by its enormous order book which continued to expand, and a…
By John Revill (Reuters) -Siemens raised its full year sales and profit guidance on Wednesday after the German engineering and technology group beat sales forecasts during its second quarter. The maker of products ranging from trains and industrial software was in confident mood, boosted by its enormous order book which continued to expand, and a…
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) – Japan’s economy emerged from recession and grew faster than expected in the first quarter as a post-COVID consumption rebound offset global headwinds, shoring up hopes for a sustained recovery. But mounting signs of a slowdown in U.S., European and Chinese growth cloud the outlook for the…
MUNICH (Reuters) – Hyundai Motor Co’s European chief said the carmaker was not making a direct change to its pricing in response to Tesla’s price cuts, adding consumers needed reassurance that prices wouldn’t go up and down. “We are not taking what I’d call a knee-jerk reaction to what the competition does… we know that…
By Phuong Nguyen HANOI (Reuters) -Vietnam’s VinFast expects to sell as many as 50,000 electric vehicles (EVs) this year, an almost seven-fold increase over 2022 as it ramps up exports to North America and starts shipping to Europe, the company’s founder said on Wednesday. VinFast could hit break even as soon as the end of…
