By Michael Holden and Sam Tobin LONDON (Reuters) -Prince Harry said on Wednesday he would feel a sense of injustice if London’s High Court did not conclude he was a phone-hacking victim, as he completed more than eight hours giving evidence against a British tabloid newspaper group. Harry, King Charles’ younger son, spent a day-and-a-half…
(Reuters) -Chindata Group said on Wednesday that investor Bain Capital has offered to take the Chinese data center operator private in a deal valuing the company at $2.93 billion. Chindata’s shares, which have lost more than a fifth of their value this year, rose about 14% to $7.18 in early trading. Bain Capital’s proposal values…
By Sarah N. Lynch WASHINGTON (Reuters) -Taylor Budowich, a former spokesman for Donald Trump, said on Wednesday he had appeared before a grand jury in Miami to answer questions about the former president’s handling of classified documents after he left the White House. Budowich, who now leads a Trump-allied Super PAC, MAGA Inc, said on…
By David Shepardson WASHINGTON (Reuters) -A group of 19 Republican state attorneys general, oil industry, farming and truck driver groups said Tuesday they had filed legal challenges to the Biden administration decision approving California’s plans to require a rising number of zero-emission heavy-duty trucks as the state pushes to cut pollution. The Environmental Protection Agency…
By Tim Hepher, Joanna Plucinska and Aditi Shah ISTANBUL (Reuters) – Global airlines called on Tuesday for broad co-operation to reach “very tough” emission targets and pledged to release interim climate targets next year as the industry aims for a goal of net-zero by 2050. Aviation, which produces around 2% of the world’s emissions, is…
(This June 6 story has been corrected to say Arrival reduced its headcount by 50% in the first quarter, in paragraph 4) (Reuters) – Arrival said on Tuesday it will convert shareholder hedge fund Antara Capital Master Fund LP’s $20 million loan into equity, a move that would help the British electric-vehicle startup lower its…
By Duncan Miriri (Reuters) -Kenya’s national assembly on Wednesday approved President William Ruto’s pick of economist and senior civil servant, Kamau Thugge, as the next central bank governor. Thugge, who served as the principal secretary, No. 2 official, in the finance ministry until mid-2018, was nominated to the post by Ruto last month after serving…
By Ludwig Burger and Maggie Fick (Reuters) – Britain plans to launch a pilot programme exploring how new weekly weight-loss shots such as Novo Nordisk’s Wegovy can be given to obese patients by general practitioners even as the drug’s market launch remains unclear. The government’s announcement on the 40-million-pound ($50 million) pilot programme comes after…
By Marc Jones LONDON (Reuters) – Turkey’s lira took a 7% nosedive on Wednesday as the country’s newly re-elected government appeared to be abandoning its costly 18-month strategy of keeping the currency on a tight leash by any means necessary. Ankara has seen decades of financial market difficulties and the charts below show the challenges…
By Prerana Bhat and Indradip Ghosh BENGALURU (Reuters) -The U.S. Federal Reserve will not raise interest rates for the first time in well over a year at its June 13-14 meeting, according to economists polled by Reuters, but a significant minority expects at least one more hike this year as the economy remains resilient. Fed…
