Pirelli CEO wants to limit Chinese influence on tyremaker-WSJ
ROME (Reuters) – The long-serving chief executive of Pirelli has warned that the tyremaker’s independence is at stake because of…
Europe
OpenAI CEO has no IPO plan due to ‘strange’ company structure
By Supantha Mukherjee STOCKHOLM (Reuters) – Microsoft-backed OpenAI, the company behind ChatGPT, has no plans to go public any time…
Big global employers plan modest cuts to office space: Knight Frank
By Suban Abdulla LONDON (Reuters) – Half of large multinational companies plan to reduce office space as they adjust to…
Euro zone retail sales flat in April, with weaker food, fuel sales
BRUSSELS (Reuters) – Retail sales in the euro zone were unchanged in April, Eurostat said on Tuesday, as consumers spent…
Five nations elected to U.N. Security Council, but Belarus denied
UNITED NATIONS (Reuters) – The United Nations General Assembly elected Algeria, Guyana, Sierra Leone, Slovenia and South Korea to the…
Hollywood actors authorize strike as writers still out
By Lisa Richwine LOS ANGELES (Reuters) -Hollywood’s actors union voted to authorize a strike if contract talks break down, turning…
US hotel developers run out of cash as construction lending dries up
(Corrects number of total hotel projects that have broken ground or are in preconstruction phase in 2023 to 324 from…
Emirates looks at placing new order for long-haul jets
ISTANBUL (Reuters) -Emirates President Tim Clark said on Tuesday the airline may order more Airbus A350, Boeing 777X or 787…
Major dam breached in southern Ukraine, unleashing floodwaters
MOSCOW/KYIV (Reuters) -A major Soviet-era dam in the Russian controlled part of southern Ukraine was breached on Tuesday, unleashing floodwaters…
CEO of Germany’s Merck: decoupling from China would be at huge economic cost
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -The CEO of German technology group Merck KGaA said that unravelling trade…