FRANKFURT (Reuters) -Daimler Truck’s Chief Financial Officer Jochen Goetz has died in a “tragic accident,” the company said on Sunday. Goetz, 52, died on Saturday, a statement said, without giving details of the accident. Goetz spent his entire professional career, spanning more than 36 years, in the Daimler Group, and was largely responsible for the…
By Anton Bridge TOKYO (Reuters) – Japan’s SoftBank Group is likely to report a return to profit when it announces first-quarter earnings on Tuesday, analysts said, as its Vision Fund investing arm’s portfolio of technology stocks enjoyed a rebound. The tech investor has posted two consecutive years of loss on the slumping value of the…
By Mark John (Reuters) – A global failure to curb carbon emissions will lead to rising debt-servicing costs for 59 nations within the next decade, according to a study that simulated the economic impact of climate change on current sovereign credit ratings. Among them, China, India, the United States and Canada could expect higher costs…
By Suban Abdulla LONDON (Reuters) – British employers reduced the number of new permanent staff they hired through recruitment agencies by the most since mid 2020 last month due to concerns about the economic outlook, adding to signs that the market is becoming tougher for job seekers. A gauge of permanent staff hiring by the…
By Muyu Xu, Alex Lawler and Arathy Somasekhar SINGAPORE (Reuters) -Surging U.S. crude exports in 2023 are pushing down oil prices in Europe and Asia, proving a key source of supply as producers cut output and sanctions on Russian crude disrupt trade flows. The introduction in June of U.S. crude grade WTI Midland to set…
By Nidal al-Mughrabi GAZA (Reuters) – A team of U.S. orthopaedic surgeons is visiting the Gaza Strip to perform a series of joint replacement operations and provide training to local doctors. Khaled Saleh, president of the U.S.-based non-profit Fajr Scientific, said the visit would help patients immobilised by joint problems and chronic pain, as well…
JERUSALEM (Reuters) -Israeli security forces shot dead three Palestinian militants in the occupied West Bank on Sunday, Israeli police said, drawing threats of revenge by Palestinian militant factions. Violence has worsened in the West Bank since last year with more Israeli raids and Palestinian street attacks on Israelis. The Israeli police said in a statement…
TUNIS (Reuters) -At least four migrants died and 51 were missing after a migrant ship sank off Tunisia’s Kerkennah island, a judicial official told Reuters on Sunday, adding that all the migrants onboard were from sub-Saharan Africa. The Tunisian coast guard recovered 901 bodies of drowned migrants off its coast from Jan. 1 to July…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. A clutch of top-tier Chinese economic data, second-quarter growth figures from Indonesia and the Philippines, and an Indian interest rate decision are the main events in Asia this week, with markets highly sensitive to rising…
The Breakdown: AI’s Impact: By 2030, the rise of generative AI may shake up the U.S. job landscape, with predictions of 30% of work hours being automated. Job Shifts: About 12 million Americans may transition to new careers because of AI’s influence. Top Sector to Watch: The healthcare sector could see an influx…
