WASHINGTON (Reuters) – Two lawyers representing former U.S. President Donald Trump, who was federally indicted for illegally retaining classified documents, obstruction and other crimes, have resigned, according to a statement released Friday. “This morning we tendered our resignations as counsel to President Trump, and we will no longer represent him on either the indicted case…
(Reuters) – Pandemic-related disruptions to global supply chains and the effects of Russia’s war in Ukraine have driven up prices of energy, commodities and other necessities. Here’s how governments are trying to help hard-hit consumers and companies: AMERICAS: * U.S. President Joe Biden’s drug pricing reform, part of the Inflation Reduction Act, penalises drugmakers for…
(Reuters) – Pandemic-related disruptions to global supply chains and the effects of Russia’s war in Ukraine have driven up prices of energy, commodities and other necessities. Here’s how governments are trying to help hard-hit consumers and companies: AMERICAS: * U.S. President Joe Biden’s drug pricing reform, part of the Inflation Reduction Act, penalises drugmakers for…
By Rod Nickel and Steve Scherer WINNIPEG, Manitoba (Reuters) -Canada on Friday extended Ukraine’s tariff-free access for most goods, but tightened access for eggs, poultry and dairy, sectors that are protected under a supply-management system. Finance Minister Chrystia Freeland said tariff relief for Ukrainian goods such as steel – a temporary measure started a year…
By Clark Mindock (Reuters) – One of the first climate change trials in U.S. history is set to kick off on Monday in Helena, Montana, where 16 young people are seeking to hold the state accountable for fossil fuel-friendly policies that they say have exacerbated global warming and dimmed their futures. Lawyers for the young…
By Ross Kerber (Reuters) – Shareholder support for proxy resolutions on topics including climate change and workforce diversity dropped significantly this spring, analysts said, as tough proposals from activists met with growing political pressure on fund firms’ voting. Halfway through the shareholder annual meetings of Russell 3000 companies, average support for voted resolutions on environmental…
By John Revill and Noele Illien ZURICH (Reuters) -UBS and the Swiss government agreed on Friday how they will share losses linked to the bank’s emergency takeover of Credit Suisse, clearing the way for the deal to close within days, and creating a giant Swiss bank and cementing its position as a global wealth manager….
By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Pakistan’s government will target a budget deficit of 6.54% of economic output in the fiscal year starting on July 1, the finance minister said on Friday, slightly below the current year’s revised estimate of 7%. Finance Minister Ishaq Dar announced the target during his budget speech…
By Libby George LONDON (Reuters) – Foreign investors piling into Asian fixed income and stocks propelled emerging market portfolio inflows to $10.4 billion in May, offsetting Chinese bonds suffering a third straight month of outflows, the Institute of International Finance (IIF) found. The fifth consecutive month of positive foreign investor cash flows to emerging markets…
WASHINGTON (Reuters) -U.S. President Joe Biden will hold his first campaign event next week in the swing state of Pennsylvania, according to a statement released by the White House. Biden, 80, will attend a rally with union members in Philadelphia on June 17, the statement said. Biden said in April he would run again for…
