By Lawrence White and Iain Withers LONDON (Reuters) -Barclays reported better than expected first-quarter profit of 2.6 billion pounds ($3.24 billion) on Thursday after strong performance at its credit card business offset pressure on other profit engines, including investment banking. The British bank’s 16% profit jump from a year earlier beat analyst forecasts of 2.2…
By Kanishka Singh WASHINGTON (Reuters) -Cable television network CNN has fired longtime host Don Lemon, the news anchor said in a post on Twitter on Monday, adding he was “stunned” by the step and that he was not directly informed of the termination by the network. “I was informed this morning by my agent that…
MOSCOW (Reuters) – Russia does not intend to take the path of nuclear escalation in its standoff with the West over Ukraine but others should not test its patience, Russian foreign ministry spokeswoman Maria Zakharova said on Thursday. Her comments follow a flurry of warnings by senior Russian officials, including President Vladimir Putin, that Western…
By David Alire Garcia MEXICO CITY (Reuters) – Chilean President Gabriel Boric’s pitch last week to enshrine greater state control over lithium is emerging as the latest test for the resource nationalism embraced by Latin America’s ascendant left but which has proven tough to implement in practice. While the former student protest leader’s proposal to…
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s three most recent presidents have bowed out of the October general election campaign, throwing the race wide open and the outcome in the balance, with the only sure candidate a far-right libertarian who wants to dismantle the central bank. Political uncertainty has roiled Argentina’s already creaky financial…
By Paul Sandle LONDON (Reuters) – For all the thunder about Xbox versus PlayStation, it was the nascent cloud market that led to Britain’s surprise decision to block Microsoft’s record Activision Blizzard takeover. Microsoft has been working for months to satisfy concerns about the $69 billion deal raised by Britain’s Competition and Markets Authority (CMA),…
LONDON (Reuters) – The boss of Britain’s antitrust regulator said blocking Microsoft’s acquisition of ‘Call of Duty’ maker Activision Blizzard was the right decision for the UK after both companies said it sent the wrong message to the global tech industry. The Competition and Markets Authority (CMA) blocked the deal on Wednesday, saying it could…
By Luis Jaime Acosta, Oliver Griffin and Sabrina Valle BOGOTA/HOUSTON (Reuters) – Exxon Mobil Corp is in talks with Colombia’s government in hopes of recovering its investment in a fracking pilot project as the U.S. oil major prepares to ditch upstream operations in the Andean country where the government is pushing through a fracking ban,…
By Andy Sullivan and Valerie Volcovici WASHINGTON (Reuters) – Solar and EV companies are warning that a Republican plan to slash federal spending in exchange for a hike in the U.S. debt ceiling could hobble the tax incentives that unleashed billions of dollars in green investment and created tens of thousands of jobs in Republican…
By Tom Hals WILMINGTON, Delaware (Reuters) -When attorneys for Florida Governor Ron DeSantis appear in court to defend against Walt Disney Co’s lawsuit that accuses the Republican official of weaponizing state government, they will see a familiar face, if not always a welcome one. U.S. District Judge Mark Walker in Tallahassee has struck down several…
