KHARTOUM (Reuters) – Residents of Sudan’s South Kordofan State reported mobilisation by a large rebel force on Thursday, raising fear that internal conflict could spread in the country’s southern regions. The rebel force, the SPLM-N, is led by Abdelaziz al-Hilu, and is estimated to contain tens of thousands of men as well as heavy weaponry….
By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms’ Instagram, Alphabet’s YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and consumer authorities that the online platforms allegedly facilitate the misleading promotion of crypto assets. U.S. regulators suing crypto platforms Coinbase and Binance, along with last…
(Reuters) – TD Bank Group CEO Bharat Masrani said he was confident the bank, Canada’s second biggest lender, would resolve issues with regulators that led to the collapse of its planned $13.4 billion acquisition of regional lender First Horizon. Masrani’s comments come after TD last month called off the deal citing lack of clarity on…
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – U.S. grains merchant Bunge Ltd is putting the final touches on a deal to merge with Glencore Plc-backed peer Viterra and create an agricultural trading giant worth more than $30 billion, including debt, people familiar with the matter said on Thursday. The deal, whose terms…
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Thursday after data showed that U.S. jobless claims rose more than expected in the latest week, though the market was generally viewed as consolidating ahead of key inflation data and the Federal Reserve’s interest rate decision next week. The number of Americans filing new…
By Hilary Russ NEW YORK (Reuters) -Starbucks should hire a law firm that is not hostile to labor unions as the coffee chain – under increasing scrutiny for its treatment of unionized employees – begins an outside assessment of its labor practices, four shareholders said in a letter on Thursday. The shareholders, including Trillium Asset…
By Nell Mackenzie and Kirstin Ridley LONDON (Reuters) -Goldman Sachs, JPMorgan and Morgan Stanley are reviewing their prime broking relationships with Odey Asset Management after allegations of sexual misconduct were reported by the Financial Times and Tortoise Media on Thursday, sources familiar with the matter said. The FT reported that 13 women alleged founder and…
By Luc Cohen and Jack Queen NEW YORK (Reuters) -Donald Trump on Thursday asked for a new trial in the civil case brought by E. Jean Carroll, in which a jury in Manhattan last month found the former U.S. president liable for sexually abusing and defaming the writer and awarded her $5 million in damages….
By Philip Pullella ROME (Reuters) -Pope Francis spent a restful first day after abdominal surgery and his post-operative recovery was proceeding as expected, with bloodwork and respiratory levels stable, the Vatican said on Thursday. The 86-year-old pope is on a liquid diet and was well enough to receive communion and make a telephone call, said…
PARIS (Reuters) – The French economy is on course to eke out meagre growth in the second quarter as industrial and service activity picks up, the central bank said on Thursday in its monthly business climate report. The euro zone’s second-biggest economy is set to grow 0.1% in the April through June period from the…
