By Huseyin Hayatsever, Orhan Coskun and Birsen Altayli ANKARA (Reuters) -President Tayyip Erdogan led comfortably on Monday after the first round of Turkey’s presidential election, with his rival facing an uphill struggle to prevent the president extending his rule into a third decade in a runoff vote on May 28. Turkish assets weakened on the…
By Joey Roulette WASHINGTON (Reuters) – Elon Musk’s SpaceX has tapped NASA’s former human spaceflight boss Kathy Lueders to help oversee development of the company’s moon and Mars rocket called Starship, a person familiar with the hire said on Monday. Lueders, the second former NASA human spaceflight chief to retire and move to SpaceX in…
By Andrew Chung (Reuters) -The U.S. Supreme Court on Monday allowed a challenge by an Alabama death row inmate who sued months before surviving a botched execution claiming that the state’s troubled lethal injection process would violate constitutional protections against cruel and unusual punishment. In an unusual case that has returned to the justices because…
FRANKFURT (Reuters) -The European Central Bank said on Monday it had fined Goldman Sachs’ European unit 6.63 million euros ($7.3 million) for underreporting the risk associated with some corporate credit, thereby flattering its balance sheet. Goldman Sachs said in a statement it had “closely cooperated with the ECB” and “taken all necessary steps” to resolve…
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Monday agreed to hear a bid by South Carolina officials to revive a Republican-crafted voting map that a lower court said had unconstitutionally “exiled” 30,000 Black voters from a closely contested congressional district. The justices took up an appeal by South Carolina officials of a…
By Joey Roulette WASHINGTON (Reuters) – Elon Musk’s SpaceX has tapped NASA’s former human spaceflight boss Kathy Lueders to help oversee development of the company’s moon and Mars rocket called Starship, a person familiar with the hire said on Monday. Lueders, the second former NASA human spaceflight chief to retire and move to SpaceX in…
By David French and Mrinalika Roy (Reuters) – Activist investor Elliott Investment Management LP is calling for a boardroom overhaul and strategic changes at NRG Energy after taking a position in the U.S. power company for the second time in six years. The investment firm, which also pushed for changes at NRG in 2017, wants…
(Reuters) – A Russian government commission has approved the sale of Volkswagen’s main factory in Russia to a domestic car dealership, Trade and Industry Minister Denis Manturov told the TASS news agency on Monday. The VW plant, in the Kaluga region south of Moscow, will be sold to the Avilon dealership, previously the official dealer…
By Gabrielle Tétrault-Farber and Emma Farge GENEVA (Reuters) -Former White House adviser Amy Pope was elected to head the U.N. migration agency, prevailing on Monday in a tense contest against a Portuguese incumbent who had the support of European countries. The International Organization for Migration (IOM) said Pope would become the first woman to lead…
PARIS (Reuters) – The Paris prosecutor has opened a judicial inquiry into planned obsolescence of Apple products, a spokesperson for the prosecutor said on Monday, confirming an AFP report. “Following a complaint, an investigation was opened in December 2022 into deceptive marketing practices and programmed obsolescence,” the spokesperson said, adding that the complaint had been…
