BERLIN (Reuters) – Volkswagen called on Thursday for the implementation of new EU emissions standards to be pushed to at least autumn of 2026, slightly over a year later than planned, with the aim of all new cars meeting the standards by autumn 2027. The carmaker could meet this timeline provided the law comes into…
By Eimi Yamamitsu (Reuters) – Uniqlo parent Fast Retailing Co Ltd reported a 16% jump in first-half profit and lifted its full-year outlook on Thursday, as the Japanese apparel retailer saw signs of recovery in China and strong sales growth in Europe and North America. Known for its affordable fleece jackets and “Heattech” thermals, Uniqlo…
By Steve Scherer and Ismail Shakil (Reuters) -The banking stress in the United States and Europe has had a limited impact on Canada’s financial system so far, Bank of Canada Governor Tiff Macklem said on Thursday, adding though that there was a need to actively monitor risks to the system. “You’re seeing a little bit…
By Asif Shahzad ISLAMABAD (Reuters) -Pakistan’s parliament on Thursday ruled against providing funds for provincial snap polls ordered by the Supreme Court, creating new discord between the judiciary and government amid months of political and economic turmoil. The chief justice had already summoned government finance officials to his chamber on Friday to seek a reply…
By Guy Faulconbridge, Andrew Osborn and Filipp Lebedev MOSCOW (Reuters) -Alexei Navalny, Russia’s most prominent opposition politician, is grappling with severe stomach pain in jail that could be some sort of slow acting poison, his spokeswoman said on Thursday. An ambulance was called for Navalny overnight on Friday to Saturday to the maximum security IK-6…
By Jonathan Stempel (Reuters) -Abortion opponents on Tuesday urged a federal appeals court to allow the suspension of the Food and Drug Administration’s approval of the abortion pill mifepristone, in a case with potentially far-reaching impact on how the U.S. government regulates medicine. In a filing with the 5th U.S. Circuit Court of Appeals in…
(Reuters) -Trading and investing platform eToro said on Thursday it has partnered with Elon Musk-led Twitter to let users access real-time prices of cryptocurrencies, stocks and other assets, and to enable the trading of those instruments. The trading data will be available through Twitter’s Cashtags feature, which was launched in 2012 and allows users to…
By Gleb Stolyarov and Alexander Marrow (Reuters) – A Russian court has ruled against freezing Volkswagen’s assets in Russia, stating there were no grounds to suggest the carmaker would try to dodge financial obligations arising from two lawsuits brought by Russian carmaker GAZ. GAZ, which was contracted to produce Volkswagen vehicles at its factory in…
By Mimosa Spencer PARIS (Reuters) – Luxury shoppers in the United States are curtailing purchases of high-end fashion and leather goods, LVMH’s first-quarter sales report showed, adding to evidence that a strong, months-long, post-pandemic splurge may be ending. Shares in Europe’s most valuable listed company rose nearly 5% to record highs in early trade on…
By Brendan O’Brien (Reuters) – Torrential downpours inundated Southeast Florida on Thursday, bringing total rainfall in the Fort Lauderdale region to more than two feet in recent days, with widespread flooding that blocked roads, closed schools and shut down an airport. Preliminary reports showed that about 25 inches (64 cm) of rain had fallen in…
