(Reuters) -Social media platform Twitter Inc will remove accounts that have been inactive for several years, CEO Elon Musk said in a tweet on Monday. Musk added that users on the micro-blogging platform could see a drop in follower count. According to Twitter’s policy, users should log in to their account at least once every…
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador gave the U.S. dollar a vote on confidence on Monday after he was asked if a weakening greenback might spur a move to diversify Mexico’s foreign currency reserves. “We are going to continue considering the dollar as the world’s principal currency,” Lopez Obrador told a…
By Chayut Setboonsarng and Daniel Leussink BANGKOK/TOKYO (Reuters) -Japanese carmaker Toyota Motor Corp has stopped sales and deliveries of its Yaris Ativ in Thailand, senior officials said on Monday, after its affiliate Daihatsu rigged part of the door in side-collision safety tests. The problem may have occurred due to pressure on Daihatsu to shorten the…
(Reuters) – Germany’s Merck KGaA has appointed Helene von Roeder as the new chief financial officer and member of the Executive Board after Marcus Kuhnert has decided to step down, the drugmaker announced on Monday. The changes would become effective from July 1, the company added. German real estate company Vonovia announced this month that…
By Rupam Jain NEW DELHI (Reuters) – Thousands of people who fled deadly rioting and ethnic clashes in northeast India last week are returning home, escorted by security personnel, officials said on Monday. Fierce fighting broke out in the state of Manipur bordering Myanmar when members of about 30 tribal groups clashed with a non-tribal…
By Camillus Eboh ABUJA (Reuters) – Police blocked roads in the centre of Nigeria’s capital on Monday as judges started hearing opposition petitions disputing president-elect Bola Tinubu’s victory in February’s presidential election. Yards away from the Court of Appeal in Abuja, around 100 protesters stood quietly holding up pre-printed banners saying Tinubu should not be…
(Reuters) -Qualcomm Inc said on Monday that it would acquire Israel’s Autotalks Ltd, a maker of chips used in crash-prevention technology in vehicles, as the U.S. firm looks to expand its automotive-related business. The company did not disclose the terms of the deal but said Autotalk’s technology would be incorporated into its assisted and autonomous…
(Reuters) – Euro zone inflation will slow sharply this year but price growth momentum remains high for now, including for underlying goods and services, European Central Bank chief economist Philip Lane said on Monday. The ECB has lifted rates at its past seven meetings but slowed the pace of hikes last week, arguing that plenty…
By Shivangi Acharya NEW DELHI (Reuters) -India’s Financial Stability and Development Council (FSDC) considers the country’s banking system to be protected from any spillover from issues in the sector globally, the country’s economic affairs secretary said on Monday. Ajay Seth was speaking with reporters after the meeting of FSDC, which is chaired by the finance…
WASHINGTON (Reuters) -U.S. wholesale inventories were unchanged for the second straight month in March, while softening demand meant that it would now take wholesalers the longest time in nearly three years to clear the current stock of goods. The Commerce Department last month estimated wholesale inventories gained 0.1% in March. Economists polled by Reuters had…
