By Foo Yun Chee BRUSSELS (Reuters) – The European Commission has tweaked draft patent rules to make it easier for patent holders to sue companies over royalty disputes following criticism that an earlier draft favoured users while restricting patent owners from seeking injunctions. The EU executive, which will announce the draft rules on Wednesday, is…
By Khalid Abdelaziz and Aidan Lewis KHARTOUM (Reuters) -Sudan’s warring factions agreed to a 72-hour ceasefire starting on Tuesday, while Western, Arab and Asian nations raced to extract their citizens from the country. The Sudan Armed Forces (SAF) said the U.S. and Saudi Arabia mediated the truce. U.S. Secretary of State Anthony Blinken announced the…
LONDON (Reuters) – Britain said on Tuesday it would introduce a new law to rein in the power that big tech companies such as Google, Facebook and Amazon are able to wield to stifle competition in digital markets. The legislation will also bolster protection for consumers by making it easier to opt out of online…
By Krisztina Fenyo BUDAPEST (Reuters) – When Pope Francis visited Hungary two years ago, Roma pilgrim Csaba Kovesi, accompanied by a cross blessed by Francis and Pope John Paul II, drove around the country calling on people to travel to Budapest to see him. Now Kovesi is on a repeat mission, driving a pick-up resembling…
By Michelle Nichols UNITED NATIONS (Reuters) -U.N. Secretary-General Antonio Guterres said on Monday that the risk of conflict between global powers was at an “historic high” and Russian Foreign Minister Sergei Lavrov warned the world was at a threshold “possibly even more dangerous” than during the Cold War. Guterres, seated next to Lavrov in the…
By Tatiana Bautzer NEW YORK (Reuters) -Climate protesters spray painted graffiti on Citigroup Inc and Bank of America Corp. offices in New York’s Bryant Park on Monday, accusing the banks of being “climate criminals” a day before the lenders are scheduled to hold their annual shareholder meetings. “The largest banks in the world invest hundreds…
By Michelle Nichols UNITED NATIONS (Reuters) -U.N. Secretary-General Antonio Guterres has proposed to Russian President Vladimir Putin a “way forward aimed at the improvement, extension and expansion” of a deal allowing the safe Black Sea export of Ukrainian grain, a U.N. spokesperson said on Monday. Guterres outlined his proposal in a letter that he asked…
By Stephen Culp NEW YORK (Reuters) – Wall Street shuffled to a mixed close on Monday, with interest rate-sensitive momentum shares weighing on the Nasdaq and U.S. Treasury yields dipping as investors braced for a week of high-profile quarterly earnings and closely watched economic data. The benchmark S&P 500 and the Dow ended the session…
(Reuters) – UBS Group said on Monday it had hired three executives from Barclays Plc in a big push to ramp up its U.S. investment banking presence. Switzerland-based UBS, which has been lagging peers in the United States, said it hired Marco Valla, Jeff Hinton and Kurt Anthony from Barclays for its global banking teams…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell to a more than one-week low against major currencies on Monday in generally thin trading, as investors continued to price in interest rate cuts this year by the Federal Reserve after a widely expected rate increase at next week’s policy meeting. The Japanese currency, on…
