(Repeats fixing typo in last quote) By Libby George LONDON (Reuters) – Cautious optimism in the developing world that wealthier countries and China had finally fixed the tortuous process of sovereign debt restructurings is fizzling again. Debt crisis veterans gave a weary thumbs up in April to plans to galvanize the G20-led “Common Framework” –…
By Xinghui Kok SINGAPORE (Reuters) – Singapore-based Grab Holdings, Southeast Asia’s leading ride-hailing and food delivery app, is cutting 1,000 jobs or 11% of its workforce, its CEO said on Tuesday, citing the need to manage costs and ensure more affordable services long term. In a letter sent to employees late on Tuesday and seen…
By Duncan Miriri NAIROBI (Reuters) – The world needs to rediscover its ability to bring peace to various trouble spots in order to curb the growing flow of refugees, the head of the United Nations Refugee Agency (UNHCR) said on Tuesday. There are 110 million displaced people around the world, up from 103 million last…
By Saeed Azhar NEW YORK (Reuters) -The head of healthcare investing at Goldman Sachs Asset Management, Jo Natauri, will leave the company at the end of the year to pursue other opportunities in the sector. “We’re entering a pretty attractive period for healthcare private investing, which I think could be pretty interesting to explore,” Natauri…
ROME (Reuters) – Giorgio Bruno, who was the designated new CEO of Italian tyremaker Pirelli, is leaving the company, shareholder Camfin said on Tuesday, confirming earlier press reports. Camfin, the holding company of Pirelli’s longtime CEO Marco Tronchetti Provera, said it would instead propose the appointment of Andrea Casaluci as chief executive. Camfin also said…
ROME (Reuters) – Giorgio Bruno, who was the designated new CEO of Italian tyremaker Pirelli, is leaving the company, shareholder Camfin said on Tuesday, confirming earlier press reports. Camfin, the holding company of Pirelli’s longtime CEO Marco Tronchetti Provera, said it would instead propose the appointment of Andrea Casaluci as chief executive. Camfin also said…
By Philip Pullella VATICAN CITY (Reuters) – Pope Francis held talks on Tuesday with Cuban President Miguel Díaz-Canel, who is making a rare trip to the West, as police kept a small demonstration demanding respect for human rights on the communist-run island away from the Vatican. A Vatican statement did not give any details on…
LONDON (Reuters) – U.S. Secretary of State Antony Blinken said he would set out a new assistance package for Ukraine on Wednesday at a conference aimed at encouraging private companies to invest in the country’s reconstruction after Russia’s invasion. Kyiv and London will host the Ukraine recovery conference in London on Wednesday and Thursday, when…
By Julia Harte (Reuters) – Abortion rights advocates and opponents are set to mark this week’s one-year anniversary of the U.S. Supreme Court’s decision to overturn the landmark 1973 Roe v. Wade ruling that had legalized the procedure nationwide with events to rally voters and highlight the ongoing fights over access. The ruling, whose anniversary…
(Reuters) – Newmont said on Tuesday it would defer making an investment decision about its Yanacocha Sulfides expansion project in Peru by at least two years. Last year, the company deferred the decision deadline for the $2 billion project that is expected to extend the life of Newmont’s Yanacocha gold mine beyond 2040 to the…
