By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) -Russia’s largest lender Sberbank on Thursday reported record first-quarter net profit of 357.2 billion roubles ($4.6 billion) and raised forecasts for several indicators, keeping the bank on course to rebound sharply from a difficult 2022. The central bank ordered Russian banks to limit disclosures soon after Moscow…
By Daniel Trotta (Reuters) -Florida Governor Ron DeSantis on Wednesday signed into law a bill that bans gender-affirming medical care such as puberty blockers or hormone therapy for transgender youth, and also enacts obstacles for adults to access treatment. Taking effect in the third most populous U.S. state, the law escalates a Republican political strategy…
By John Revill and Julie Zhu ZURICH/HONG KONG (Reuters) -Swiss agrichemicals and seeds group Syngenta has withdrawn its application to float on Shanghai’s tech-focused STAR Market and will instead seek a listing on the main board of the Shanghai Stock Exchange, the company said on Thursday. Syngenta is seeking to rescue its 65-billion-yuan ($9.4-billion) IPO,…
By Ruma Paul and Sudarshan Varadhan DHAKA (Reuters) – Apparel makers in Bangladesh are considering rare bulk exports by air to Europe and the United States, as they race to meet deadlines and avoid cancellations after a cyclone delayed shipments, caused power cuts and disrupted production. The crunch could disrupt summer clothes supplies for retailers…
BERLIN (Reuters) – Germany’s powerful auto industry association is urging the European Union and Britain to postpone post-Brexit rules it says would hamper the transition to electric vehicles, potentially boosting the hand of UK-based carmakers calling for the same. Under the trade deal agreed when Britain left the EU, 45% of the value of an…
By Steve Holland WASHINGTON (Reuters) – President Joe Biden’s re-election campaign attempted to set the tone for the battle to come on Thursday, saying the incumbent Democrat will have many roads to victory in 2024. Despite polls showing tepid support for the 80-year-old president who would be 86 by the end of a second term,…
LONDON (Reuters) – The proportion of British businesses expecting to raise prices has fallen in a latest sign that price pressures have peaked after inflation hit a 41-year high last year, a survey published on Thursday showed. The Office for National Statistics said 18% of businesses expected to increase the prices of goods or services…
By Andrew Hayley XIAN, China (Reuters) – Central Asian heads of state converged in China’s historic city of Xian on Thursday for one-on-ones with Chinese leader Xi Jinping to seal pledges of “enduring” friendship, paving the way for a summit expected to result in a regional pact with Beijing. The bilaterals set the stage for…
(Adds dropped word “not” in paragraph 7) (Reuters) – A Florida judge ruled in favor of Tiger Woods on Wednesday, rejecting his former girlfriend Erica Herman’s request to nullify a non-disclosure agreement she signed when they began dating in 2017, U.S. media reported, citing court documents. Herman had asked a judge to void the agreement,…
By Jonathan Stempel NEW YORK (Reuters) – Deutsche Bank AG has agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein, and accused the German bank of facilitating his sex trafficking. The accord resolves claims in a proposed class action in Manhattan federal…
