By Guy Faulconbridge MOSCOW (Reuters) – For more than 15 months Russia has been fighting a war in Ukraine that the Kremlin refused to call a war – but that is changing: President Vladimir Putin is using the word “war” more often. When Putin sent troops into Ukraine on Feb. 24 last year, he called…
LONDON (Reuters) – Novartis’ soon to be spun off generics division Sandoz is expected to expand its pipeline and generate an additional $3 billion in net sales over the next five years, the Swiss group said on Thursday. The company intends to carve out Sandoz, which sells generics and biosimilars – cheap versions of biologic…
SYDNEY (Reuters) – Australia said on Thursday it would introduce laws to the parliament next week banning public displays and sales of Nazi hate symbols, citing a rise in far-right activities at home. The swastika, one of the most recognisable symbols of Nazi propaganda, and the insignia of Schutzstaffel (SS), the paramilitary wing of the…
By Raphael Satter WASHINGTON (Reuters) – The Federal Bureau of Investigation has warned Americans that criminals are increasingly using artificial intelligence to create sexually explicit images to intimidate and extort victims. In an alert circulated this week, the bureau said it had recently observed an uptick in extortion victims saying they had been targeted using…
By Dan Whitcomb, Sarah N. Lynch and Jacqueline Thomsen (Reuters) -Federal prosecutors have notified former U.S. President Donald Trump’s attorneys he is the target of an investigation into his handling of classified materials, a person familiar with the matter said on Wednesday, adding to his legal troubles as he campaigns for the White House in…
By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices dipped on Thursday as demand concerns tied to a global economic slowdown overshadowed a pending fall in supply with Saudi Arabia’s pledged output cuts. Brent crude futures fell 21 cents, or 0.3%, to $76.74 a barrel at 0415 GMT, while U.S. West Texas Intermediate crude futures eased 21…
A look at the day ahead in European and global markets from Ankur Banerjee Another day, another surprise hike. After the Reserve Bank of Australia’s surprise earlier this week, it was the Bank of Canada’s turn to stun markets with a 25 basis-point hike that led traders to dial back expectations of the U.S. Federal…
BEIJING/HONG KONG (Reuters) -China’s largest commercial property developer Dalian Wanda Group on Thursday said it is appealing a court decision to freeze 1.9 billion yuan ($266.23 million) worth of shares it owns in a subsidiary. The group in a statement said it “is confident it will defend its legitimate rights”. Two Shanghai court notices dated…
BANGKOK (Reuters) – Thai consumer confidence rose in May for a 12th month to a 39-month high, boosted by higher foreign tourist arrivals and increased activity during the recent national election, a survey showed on Thursday. The consumer index of the University of the Thai Chamber of Commerce rose 55.7 in May from 55.0 in…
