(Reuters) – A spokesman for the U.N.’s nuclear watchdog said on Thursday that gunfire briefly halted a convoy heading back to Ukrainian-held territory after a visit to the Russian-controlled Zaporizhzhia nuclear power station, but the delegation was in no immediate danger. “Convoy was stopped and gunfire was distinctly heard for a few minutes but the…
(Reuters) – Bed Bath & Beyond’s lender Sixth Street Partners is considering bidding for at least some of the bankrupt retailer’s assets, the Wall Street Journal reported on Thursday, citing a court hearing. Sixth Street is planning to use more than $500 million of its debt in the company to bid, the report said, citing…
By Gilles Guillaume PARIS (Reuters) – The world’s No.3 carmaker Stellantis will unveil its first European-made affordable electric car in mid-October, the new Citroën e-C3, as it gears up to counter the arrival of lower-cost Chinese brands in the European market. Electric vehicles (EVs) are more expensive than their fossil-fuel counterparts and European carmakers plan…
By Essi Lehto HELSINKI (Reuters) – Finland’s conservative National Coalition (NCP), winner of April’s parliamentary election, has reached agreement to form a majority government with the eurosceptic, anti-immigration Finns Party and two smaller groups, its leader said on Thursday. “All issues have been resolved and the papers are ready,” said NCP leader Petteri Orpo, a…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The euro hit a 15-year peak against the yen and a five-week high against the dollar on Thursday after the European Central Bank raised interest rates for the eighth straight time and signaled further tightening to bring euro zone inflation to its medium-term target of 2%. The ECB…
By Nelson Acosta HAVANA (Reuters) -Iranian President Ebrahim Raisi met with Cuban counterpart Miguel Diaz-Canel on Thursday, his last stop on a three-nation Latin American tour aimed at shoring up support among Latin American allies saddled, like Iran, by U.S. sanctions. Raisi told reporters at a trade forum in Havana early on Thursday that Cuba…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales unexpectedly rose in May as consumers stepped up purchases of motor vehicles and building materials, which could help to stave off a dreaded recession in the near term. While other data on Thursday showed first-time applications for state unemployment benefits holding steady last week at more…
(Reuters) -Electric vehicle maker Rivian Automotive expects demand for its pickups and sport-utility vehicles to remain stable through the year, it’s finance chief said, even as higher borrowing costs and fears of recession have dented demand across the industry. Rivian shares were up 4% at $15.33 late Thursday afternoon. Rivian is also ramping up production…
By Roberto Samora SAO PAULO (Reuters) – Top food producer Brazil will start stocking up on food staples, a government agency said on Thursday, as the leftist administration of President Luiz Inacio Lula da Silva makes good on last year’s campaign trail promise to curb food inflation. In a bid to increase public storage capacity,…
By Jacqueline Thomsen (Reuters) -The U.S. Senate on Thursday narrowly confirmed civil rights lawyer Nusrat Choudhury to the U.S. District Court for the Eastern District of New York, making her the first Bangladeshi-American and female Muslim federal judge in the United States. Choudhury, the legal director of the American Civil Liberties Union (ACLU) of Illinois,…
