By Lefteris Papadimas and Karolina Tagaris ATHENS (Reuters) – Kyriakos Mitsotakis promised to rebuild Greece’s credit rating, create jobs, raise wages and boost state revenues after he was sworn in for a second term as prime minister on Monday following a resounding election win. His centre-right New Democracy party got 158 seats in the 300-seat…
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Monday rejected Ohio State University’s bid to dismiss lawsuits brought by alleged sexual abuse victims of a now-deceased doctor who was employed by the school’s athletic department and medical staff for nearly two decades. The justices turned away Ohio State’s appeal of a lower court’s…
By Saeed Azhar and Manya Saini NEW YORK (Reuters) – Goldman Sachs Group Inc plans to add former Bank of America executive Tom Montag to its board, a person familiar with the matter said on Monday, as Goldman’s leadership faces challenges over its strategy. The bank’s board is gathering in India this week, a second…
By Tom Balmforth KYIV (Reuters) – An abortive mutiny in Russia has shown the risks the Kremlin faces from a long, grinding conflict in Ukraine even though it has not handed Kyiv an immediate breakthrough on the battlefield. Many questions still swirl after Russian mercenary boss Yevgeny Prigozhin’s Wagner forces returned to base after Friday’s…
By Kanishka Singh (Reuters) – Tornadoes and thunderstorms hit the U.S. Midwest and South on Sunday, leaving dozens of homes damaged and at least three people dead in Indiana and Arkansas, authorities said on Monday. The National Weather Service said multiple tornadoes and severe storms were reported on Sunday in central Indiana and Arkansas. Emergency…
MEXICO CITY (Reuters) – Mexican telecommunications giant America Movil, controlled by the family of tycoon Carlos Slim, announced the launch of a foreign debt public offering of up to 20 billion pesos ($1.17 billion), the company said in a statement on Monday. The issuance will take place on July 6, part of a five-year overall…
MEXICO CITY (Reuters) – Mexican telecommunications giant America Movil, controlled by the family of tycoon Carlos Slim, announced the launch of a foreign debt public offering of up to 20 billion pesos ($1.17 billion), the company said in a statement on Monday. The issuance will take place on July 6, part of a five-year overall…
BERLIN (Reuters) -A far-right Alternative for Germany (AfD) candidate won a vote on Sunday to become a district leader in Europe’s biggest economy for the first time, a breakthrough for the party which has hit record highs in national polls. The 10-year old AfD, with which Germany’s mainstream parties officially refuse to cooperate due to…
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams played down the linkage between monetary policy and financial stability in comments made public Monday, while also warning that using rate policy to tame bubbles can bring unwanted economic pain. His comments came from a presentation made on Sunday…
(Reuters) -Prologis Inc said on Monday it has agreed to buy 14 million square feet of industrial properties from real estate funds affiliated with Blackstone for $3.1 billion in an all-cash deal. The acquisition price represents about “4% cap rate in the first year and a 5.75% cap rate when adjusting to today’s market rents”,…
