The $108 million dollar lady: Klimt portrait sets European auction record

By Farouq Suleiman LONDON (Reuters) – A portrait of an unnamed woman by Austrian artist Gustav Klimt sold for 85.3 million pounds ($108.4 million) on Tuesday, setting a new record price for any work of art sold at an auction in Europe, London-based auction house Sotheby’s said. The painting, which had been given a guide…

Read More

US targets Wagner Group in curbs on gold firms suspected of funding mercenary force

By Daphne Psaledakis and Humeyra Pamuk WASHINGTON (Reuters) – The United States took aim at Russia’s Wagner Group and imposed sanctions on Tuesday on companies it accused of engaging in illicit gold dealings to fund the mercenary force. The U.S. Treasury Department in a statement said it slapped sanctions on four companies in the United…

Read More

US Supreme Court backs man who sent female musician flood of unwanted messages

By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Tuesday threw out the stalking conviction of a Colorado man who sent a barrage of unwanted messages to a female musician in a case involving constitutional free speech protections, ruling that prosecutors had not shown he understood the “threatening nature” of his words. The 7-2…

Read More

Four more arrested in smuggling incident that killed 53 migrants in Texas

By Daniel Trotta (Reuters) – U.S. officials in Texas have arrested four Mexicans who were indicted on suspicion of operating a human smuggling ring responsible for the deaths a year ago of 53 migrants packed into a truck during sweltering heat, the Justice Department said on Tuesday. Dozens of migrants from Mexico, Guatemala and Honduras…

Read More

Factbox-A look at the US Supreme Court’s major rulings this year

WASHINGTON (Reuters) – The U.S. Supreme Court has issued a number of important rulings during its current term that began last October and is expected to decide its remaining cases by the end of June including disputes involving race-conscious college admissions practices, President Joe Biden’s student debt forgiveness plan and LGBT rights. Here is a…

Read More

Wall Street ends sharply higher, dollar softens as data points to economic resilience

By Stephen Culp NEW YORK (Reuters) – U.S. stocks advanced in a broad rally on Tuesday, and the dollar softened as robust economic data eased recession fears and stoked investors’ risk appetite. All three major U.S. stock indexes closed well into positive territory, with tech-related megacaps – particularly those involved in a nascent AI frenzy…

Read More

Wagner mutiny exposes risks for China’s deep Russian ties

By Martin Quin Pollard and Yew Lun Tian BEIJING (Reuters) – As news broke on Saturday that mercenary Wagner troops were careering towards Moscow in a short-lived rebellion, several businessmen from southern China began frantically calling factories to halt shipments of goods destined for Russia. While the mutiny – the biggest test of Russian President…

Read More

MVP pipeline foes say Congress can’t ‘mandate victory’ for the project

By Clark Mindock (Reuters) – A provision of the U.S. debt ceiling bill that streamlined the federal approval process for the $6.6 billion Mountain Valley Pipeline and limited court reviews of challenges to the project violates the U.S. Constitution’s separation of powers doctrine, opponents of the pipeline have claimed. The Wilderness Society, the Sierra Club…

Read More