LONDON (Reuters) – Britain’s biggest food bank network said the amount of emergency food parcels it distributed rose 37% to a record 3 million in the year to March as more people faced hardship in a cost-of-living crisis that shows little sign of easing. The Trussell Trust, which supports a network of 1,300 food bank…
SANTIAGO (Reuters) – Chile’s state development office Corfo said on Tuesday it met with U.S.-based miner Albemarle to discuss the South American country’s plan to nationalize the lithium industry. Chile’s leftist President Gabriel Boric last week announced that control of the country’s vast lithium operations would over time be transferred from Albemarle and SQM to…
By Doyinsola Oladipo NEW YORK (Reuters) -Major global brands like McDonald’s, General Motors and Nestle posted steady first-quarter results built on higher prices, demonstrating that shoppers across major economies are still spending despite slowed economic activity. Price increases for soda, appliances and other goods bolstered profits, but sales volumes declined for many bellwethers in Europe…
By Jack Queen and Luc Cohen NEW YORK (Reuters) -With Ed Sheeran on the witness stand in Manhattan federal court on Tuesday during a copyright trial, jurors were warned to keep their composure while watching a video of the British pop star performing a medley of his hit song “Thinking Out Loud” and the classic…
By Blake Brittain (Reuters) -Voting technology company Smartmatic USA Corp on Tuesday fended off a patent infringement lawsuit brought by competitor Election Systems & Software LLC, persuading a federal judge that the last patent remaining in the case is invalid. U.S. District Judge Richard Andrews in Delaware said the voting-machine patent covered unpatentable abstract ideas…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The safe-haven dollar and yen rose on Tuesday as market sentiment turned risk-averse amid renewed worries about the banking sector and the outlook for the global economy, which knocked the euro off a nearly 10-month high. The U.S. dollar index climbed 0.6% to 101.83, having dropped more than…
By Foo Yun Chee BRUSSELS (Reuters) -Five Alphabet subsidiaries, two Meta Platforms units, two Microsoft businesses, Twitter and Alibaba’s AliExpress are among 19 companies subject to landmark EU online content rules, EU industry chief Thierry Breton said on Tuesday. The rules known as the Digital Services Act (DSA) require the companies to do risk management,…
By Nichola Groom (Reuters) – President Joe Biden’s administration on Tuesday said it had finalized an area of nearly 10 million acres in the Gulf of Maine for potential offshore wind development, a major step toward expanding the industry into northern New England. The announcement was the latest milestone in the government’s plan to put…
MOSCOW (Reuters) – Muscovites reacted with indifference to U.S. President Joe Biden’s announcement on Tuesday that he would seek reelection in 2024, with some questioning whether he was too old for the bid. Biden is the oldest person to have occupied the White House and would be 86 at the end of a second four-year…
By Steve Scherer OTTAWA (Reuters) – NASA Administrator Bill Nelson on Tuesday condemned Russian President Vladimir Putin’s invasion of Ukraine, but said in Ottawa that he expected Russians and Americans to work together on the International Space Station (ISS) until it is decommissioned. American-Russian space cooperation was put in doubt after the invasion of Ukraine…
