By Helen Reid BARCELONA (Reuters) – Amazon plans to open new warehouses and hire more people in Europe, an executive said on Tuesday, even as squeezed consumer spending forces the tech giant to cut costs globally and lay off some employees. Amazon has invested 142 billion euros ($156 billion)in Europe since 2010, and its growth…
By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried, who has long denied stealing from customers of his FTX cryptocurrency exchange, on Monday said prosecutors charged him with “troubling” haste and asked a U.S. judge to throw out 10 of the 13 criminal counts against him. In a filing in Manhattan federal court, Bankman-Fried’s lawyers said…
By Shreyashi Sanyal, Shristi Achar A and Caroline Valetkevitch NEW YORK (Reuters) – Major U.S. stock indexes were mostly lower on Tuesday afternoon as investors grew more cautious ahead of the U.S. consumer price index report, while disappointing forecasts from companies such as PayPal and Apple supplier Skyworks weighed on the mood. Shares of PayPal…
By Mike Stone WASHINGTON (Reuters) – The United States announced on Tuesday a new $1.2 billion military aid package for Ukraine that will include air defense systems, ammunition and funds for training, the Pentagon said. Ukraine Security Assistance Initiative (USAI) funds will be used to purchase the weapons, allowing President Joe Biden’s administration to buy…
(Corrects typo in stock symbol in first paragraph) PARIS (Reuters) – French retailer Carrefour on Tuesday said it plans to open about 100 more stores in Israel between now and the end of 2024, having just opened 50 stores in the country. The 50 stores were opened under a franchise partnership Carrefour entered into in…
By Huw Jones LONDON (Reuters) – Banks, insurers and asset managers in the European Union would only be allowed to sell funds and other products across the bloc if they could prove to regulators they offer value for money, draft proposals seen by Reuters showed. The EU’s executive European Commission is due to publish legislative…
By Nancy Lapid (Reuters) -Women at average risk for breast cancer should get screening mammograms every other year starting at age 40, according to a proposed guideline update from the U.S. Preventive Services Task Force (USPSTF), reflecting improved diagnostic technology and treatment. The update reverses a controversial recommendation made by the panel in 2009, when…
(Reuters) – Sri Lankan authorities formally presented on Tuesday a request for debt treatment in the first meeting of the official bilateral creditors committee, the Paris Club said in a statement. The committee, co-chaired by India, Japan and France, consists of 17 members and includes Paris Club creditors as well as other official bilateral creditors….
(Reuters) – Palantir Technologies’ stock surged 22% on Tuesday, putting it on track for its biggest one-day gain in more than two years, after the data analytics firm said it expected to turn a profit every quarter in 2023 and pointed to massive interest in its new AI platform. The data analytics software maker, known…
By Sergio Goncalves LISBON (Reuters) – Fortitude Capital, founded by former Goldman Sachs partner Antonio Esteves, Brazilian bank BTG Pactual and Portuguese asset manager Atrium, has launched its first fund with a target size of up to 500 million euros ($550 million). Esteves said on Tuesday that, though focused on investing in Portugal, the fund…
