(Reuters) – Russia has opened a criminal case after a prominent female journalist and a lawyer were brutally attacked in Russian republic of Chechnya, Russian Investigative Committee reported on Wednesday. “Currently, the investigation team is conducting a set of investigative actions and search measures aimed at establishing individuals involved in this crime and all the…
By Pratyush Thakur and Shivansh Tiwary (Reuters) -New vehicle sales in the United States for top global automakers rose in the second quarter on improving supply and strong demand, signaling that rising interest rates have not yet had a meaningful impact on purchases. Vehicle production took a hit after the pandemic disrupted supply of semiconductor…
KARACHI, Pakistan (Reuters) – The International Monetary Fund (IMF) Executive Board meeting on Pakistan has been scheduled for July 12, the lender confirmed in email on Wednesday. Pakistan secured a badly needed $3 billion stand-by arrangement (SBA) from the International Monetary Fund on Friday, giving the South Asian economy a much-awaited respite as it teeters…
(Reuters) – Hydrogen firm ThyssenKrupp Nucera has priced its initial public offering at 20 euros ($21.72) per share, implying a market capitalisation of around 2.5 billion euros, the company said in a statement on Wednesday. The company and its shareholders, Germany’s ThyssenKrupp and Italy’s De Nora, expect to raise up to 605 million euros through…
By Andrew Chung and John Kruzel WASHINGTON (Reuters) – Even as it has ushered in sweeping changes to American law and society – on abortion, gun rights and affirmative action – the U.S. Supreme Court has kept tabs on another issue of keen interest to its conservative majority: keeping federal regulatory power in check. The…
ISTANBUL (Reuters) – Turkish President Tayyip Erdogan said Sweden has taken steps in the right direction for its NATO bid with anti-terrorism legislation but continued protests there by Kurdish militant sympathisers undermined its moves, Erdogan’s office said. The Turkish presidency said Erdogan made the comments in a telephone call with Dutch Prime Minister Mark Rutte,…
By Daina Beth Solomon and Dave Graham MEXICO CITY (Reuters) -German carmaker Audi is this month scheduled to announce plans to begin producing electric vehicles in Mexico, according to three people with knowledge of the matter, joining other major carmakers in ramping up EV output in Mexico. Asked to comment, a spokesman in Germany said…
By Tim Reid and Nathan Layne (Reuters) – Real estate mogul Ron Weiser has been one of the biggest donors to the Michigan Republican Party, giving $4.5 million in the recent midterm election cycle. But no more. Weiser, former chair of the party, has halted his funding, citing concerns about the organization’s stewardship. He says…
By Sergiy Chalyi ZAPORIZHZHIA, Ukraine (Reuters) – Residents in the southeastern Ukrainian city of Zaporizhzhia appeared calm on Wednesday after Kyiv’s latest warning that Russian forces could trigger a catastrophe at the nearby Moscow-held nuclear power plant. Both Russia and Ukraine on Tuesday accused each other of plotting to stage an attack on the Zaporizhzhia…
(Reuters) – Canada’s financial watchdog on Wednesday released new guidelines for lenders aimed at protecting mortgage holders facing high borrowing costs or who are at the risk of defaulting. The Financial Consumer Agency of Canada (FCAC) said federally regulated financial institutions, including banks, must work to help at-risk consumers by “providing tailored support” that could…
