By Julia Harte NEW YORK (Reuters) – A fierce debate among New Yorkers over whether a former U.S. Marine was justified in choking an agitated homeless man to death on a subway car last week has renewed focus on a perennial question: Just how bad is crime in the nation’s biggest city? Following the killing,…
By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) -Coty Inc on Tuesday raised its annual profit forecast for the second time, as the CoverGirl parent banks on price hikes, new launches and resilient demand for its high-end and affordable fragrances and cosmetics. The company also crushed estimates for quarterly earnings, as improving supplies of…
By Philip Pullella VATICAN CITY (Reuters) – Sexual abusers are disgusting “enemies” who deserve to be condemned and punished – but also deserve Christian love and pastoral care because they too are children of God, Pope Francis said. Francis made his comments on April 29 in a private conversation with Jesuits while he was visiting…
By Lucia Mutikani WASHINGTON (Reuters) -U.S. small business confidence fell to more than a 10-year low in April on worries about the near-term economic outlook and persistent worker shortages, but there were few signs that businesses were having difficulties accessing credit. The National Federation of Independent Business (NFIB) said on Tuesday its Small Business Optimism…
WASHINGTON (Reuters) – Japan is working towards the opening of a NATO liaison office in Tokyo, Japan’s ambassador to the U.S. Koji Tomita said on Tuesday. Tomita made the comment at an event hosted by the National Press Club in Washington when asked about a report in the Nikkei Asia this month saying that the…
By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) – U.S. private equity group KKR & Co Inc and Australia’s Macquarie Asset Management are among potential bidders for the waste and recycling management arm of Singapore’s energy group Sembcorp in a deal that could value the unit at around $500 million, said two sources with…
(Reuters) – General Motors Co on Tuesday named former Apple Inc executive Mike Abbott to lead a division that will bring together three software functions within the company. Abbott, whose appointment is effective from May 22, will spearhead development of vehicle and enterprise software technologies. Automakers, including GM and Ford Motor Co, have been increasingly…
By Nell Mackenzie LONDON (Reuters) – Hedge fund launches in 2023 are at their lowest level globally since 2017, data provider Preqin said, against a backdrop of banking upheaval and bouts of market volatility. So far this year, 180 funds have started or plan to start trading, Preqin told Reuters on Tuesday. Untried trend managers…
LIVERPOOL, England (Reuters) – Eurovision 2023 kicked off on Sunday when 37 contenders walked the “Turquoise Carpet” in Liverpool, the English city hosting the competition on behalf of Ukraine. Under the banner “United by Music”, the 67th edition of the song contest will comprise three live shows that will unite the cultures of Ukraine and…
By Granth Vanaik (Reuters) -Under Armour Inc forecast annual sales and profit below Wall Street estimates on Tuesday, signaling that stubborn inflation was hurting demand and higher discounts were eroding profit margins, sending the apparel maker’s shares down 4%. Cost-conscious consumers have been restricting their spending on discretionary products such as home goods, apparel and…
