(Reuters) – Marsh McLennan reported second-quarter profit above expectations on Thursday, bolstered by the higher interest the company earned from client funds. The company reported a profit of $2.20 per share, excluding one-time costs, for the three months ended June 30. Analysts had expected a profit of $2.12 per share, according to Refinitiv data. Marsh…
BRUSSELS (Reuters) – The European Union said on Thursday it was imposing restrictive measures against 18 individuals and 5 entities for human rights violations in Afghanistan, South Sudan, Central African Republic, Ukraine and Russia. The Taliban ministers of Education and Justice as well as the acting Taliban Chief Justice of the Afghanistan Supreme Court are…
SEOUL (Reuters) – U.S. President Joe Biden will meet with the leaders of Japan and South Korea in August in the United States, South Korea’s presidential office said on Thursday. Biden had invited South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida for a meeting in Washington when they met on the…
(Reuters) -YouTube, Google’s video streaming platform, hiked prices on its monthly and annual premium plans in the United States for the first time since the subscription service was launched in 2018. The YouTube Premium plan would cost $13.99 a month in the U.S., up $2 from before, according to the company’s website on Thursday. The…
DUBLIN (Reuters) – Ryanair said on Thursday it plans to base up to 30 new Boeing 737 MAX aircraft at Ukraine’s three main airports and fly over five million passengers a year when fighting eventually ends. The airline’s statement came as Ryanair Chief Executive Michael O’Leary met Ukraine’s Deputy Prime Minister for Restoration Oleksandr Kubrakov…
By Leah Douglas WASHINGTON (Reuters) – Cell-cultivated meat companies could receive new investment since U.S. regulators cleared the product’s sale last month, but the sector must scale up and lower costs to seriously challenge conventional meat, said investors and major food companies. Several startups have developed the technology to grow meat from harvested animal cells,…
By Marc Jones and Canan Sevgili LONDON (Reuters) -Whisper it, but for all the warnings of a Turkish financial market meltdown if Tayyip Erdogan won May’s presidential vote, some parts of it have done rather well, although the lira’s drop has been as punishing as predicted, if not worse. From a stock market rally to…
By Rachel Savage and Carien du Plessis JOHANNESBURG (Reuters) – A BRICS currency will not be on the agenda of the bloc’s summit in South Africa next month, but Brazil, Russia, India, China and South Africa will continue to switch away from the U.S. dollar, South Africa’s senior BRICS diplomat said on Thursday. “There’s never…
WASHINGTON (Reuters) – U.S. existing home sales dropped to a five month-low in June, depressed by a chronic shortage of houses on the market that slowed the pace of decline in annual house prices. Existing home sales fell 3.3% in June to a seasonally adjusted annual rate of 4.16 million units, the lowest level since…
By Safiyah Riddle (Reuters) – Optimism about the near-term business outlook among manufacturers in the U.S. Mid-Atlantic region hit a nearly two-year high in July, as prices that firms received on produced goods shot up to the highest levels in six months. The Philadelphia Federal Reserve’s monthly survey of goods producers released on Thursday showed…
