By Marie Mannes STOCKHOLM (Reuters) -Swedish mining equipment maker Epiroc expects to benefit from continuing high demand in the near term, it said on Tuesday as it posted better than forecast quarterly profit. Epiroc, its customers and rivals have had to contend with rising raw material prices and other cost inflation pressures for several quarters,…
By Jennifer Rigby LONDON (Reuters) – Efforts to vaccinate children worldwide against deadly diseases such as measles and diphtheria began to recover in 2022 after a historic backslide caused by the COVID-19 pandemic, according to new figures from the World Health Organization (WHO) and the United Nations Children’s Fund (UNICEF). But the recovery remains uneven,…
By Ross Kerber (Reuters) – New York City’s top pension official has urged Bank of America’s board to claw back pay from executives after the bank agreed to pay $250 million to settle regulatory claims that it double-charged customers and took other steps without authorization. Since the financial crisis of 2008, provisions to recover pay…
WARSAW (Reuters) – Poland could cut interest rates this year, two central bankers were quoted as saying on Tuesday, fuelling expectations that a decrease in the cost of credit could be just around the corner. National Bank of Poland (NBP) Governor Adam Glapinski earlier this month said that a rate cut could come as soon…
By Shivangi Acharya and Sarita Chaganti Singh GANDHINAGAR, India (Reuters) -Several G20 members condemned Russia’s move to quit an agreement that allowed safe export of grain from Ukraine, India’s finance minister said on Tuesday, as concerns rise in poorer countries over a rise in food prices following Moscow’s decision. Russia halted participation in the United…
KAMPALA (Reuters) – Democratic Republic of Congo’s former president Joseph Kabila has rejected accusations from neighbouring Uganda that he gave sanctuary to an Islamist rebel group and allowed it to expand and exploit mineral resources. Kabila led Congo from 2001 to 2019 when he was succeeded by current president Felix Tshisekedi. Last week, Ugandan leader…
(Reuters) – OpenAI is committing $5 million to the American Journalism Project (AJP) under a partnership that will look for ways to support local news through artificial intelligence, the Microsoft-backed startup said on Tuesday. The deal will also give the non-profit and related organizations up to $5 million in OpenAI credits for the use of…
TUNIS (Reuters) – The Tunisian defense ministry said on Tuesday it had received four T-6C training aircraft from the United States, as part of cooperation to renew its fleet of training aircraft for the air force. Last month, four Tunisian soldiers died after a military aircraft crashed into the sea, an accident that President Kais…
MADRID (Reuters) – Spain’s High Court on Tuesday ordered that global police agency Interpol immediately extradite a former director of Venezuelan military intelligence to the United States, where he is wanted on drug trafficking charges, from Spain. The decision comes after the European Court of Human Rights last week denied an effort by Hugo Carvajal…
SEOUL (Reuters) -South Korea said on Tuesday it would challenge an arbitration ruling that ordered it to pay U.S. hedge fund Elliott Investment Management $108.5 million in a case involving the 2015 merger of two Samsung Electronics affiliates. The U.S. activist fund had sued over the role played by South Korea’s National Pension Service in…
