By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – The Nasdaq closed lower on Monday, underperforming the S&P 500 and the Dow, with pressure from high-profile megacaps as investors awaited results from companies including Microsoft while Tesla shares fell on concerns about its spending plans. Tesla Inc finished down 1.5% after the automaker raised…
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 Stephen Nellis (Reuters) -A U.S. appeals court on Monday upheld a federal court’s order that could force Apple Inc to change payment practices in its App Store. Apple said it may appeal the decision. The U.S. 9th Circuit Court of Appeal upheld a 2021 order in an antitrust case brought by “Fortnite” creator Epic…
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 Andrew Goudsward (Reuters) -A U.S. prosecutor on Monday said leaders of the Proud Boys were “thirsting for violence and organizing for action” ahead of the Jan. 6, 2021, attack on the U.S. Capitol, as the criminal trial of five members of the far-right group neared its conclusion. Assistant U.S. Attorney Conor Mulroe told a…
By Sharon Bernstein (Reuters) – Abortion rights supporters expressed relief on Friday after the U.S. Supreme Court preserved access to a widely used abortion pill but warned of a long fight ahead as a legal challenge to the medication continues. The move by the court to halt new restrictions on the drug set by lower…
By Jeff Mason WASHINGTON (Reuters) – U.S. President Joe Biden will veto congressional efforts to overturn his solar tariff waiver for four Southeast Asian nations for two years, the White House said on Monday. In June, Biden waived tariffs on solar panels from Cambodia, Malaysia, Thailand and Vietnam in an effort to create a “bridge”…
By Nia Williams (Reuters) – The CEO of the Alberta Energy Regulator (AER) on Monday apologised for his organisation’s failure to fully inform local Indigenous communities about a toxic tailings leak from Imperial Oil’s Kearl oil sands mine in northern Alberta. Appearing before a parliamentary committee in Ottawa, Laurie Pushor echoed an apology made by…
