(Reuters) – Rheinmetall and Krauss-Maffei Wegmann (KMW) have received an order from the German army to upgrade 143 Puma infantry fighting vehicles, the companies said on Wednesday The order for their joint venture PSM is valued at around 770 million euros ($843.92 million), they said in a joint statement. According to the companies, they will…
By Natasha Ribeiro and Tyler Clifford NEW YORK (Reuters) -A four-story parking facility collapsed in New York City’s lower Manhattan near Pace University and the New York Stock Exchange on Tuesday, killing at least one worker and injuring five others who were inside the structure, authorities said. Emergency personnel using robotic devices after firefighters were…
By Helen Coster and Jack Queen WILMINGTON, Delaware (Reuters) -Fox Corp and Fox News on Tuesday settled a defamation lawsuit by Dominion Voting Systems for $787.5 million, averting a trial putting one of the world’s top media companies in the crosshairs over its coverage of false vote-rigging claims in the 2020 U.S. election. The settlement,…
By Helen Coster (Reuters) – Fox News’s $787.5 million settlement with Dominion Voting Systems over its coverage of false vote-rigging claims in the 2020 U.S. election made headlines on Tuesday, except on the cable channel itself, whose mention of it was somewhat muted. Hosts Tucker Carlson and Sean Hannity, who had been expected to testify…
By M. Sriram MUMBAI (Reuters) – A funding squeeze at Indian startups that has already led to layoffs and delayed stock listings is set to worsen as investors reckon with stretched valuations and faltering consumption growth, likely laying the ground for industry consolidation. Startups in India raised just $2 billion in the first quarter of…
By Joanna Plucinska LONDON (Reuters) – Strikes across Europe have led to a spike in flight cancellations, delays and driven down bookings to cities like Paris, data from travel firms show, despite efforts by airlines to avoid a repeat of last year’s disruptions. Flight cancellations and delays of over three hours in Europe were up…
By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM/CAIRO (Reuters) -Residents in an affluent district of Khartoum feared there would be trouble when they found their new neighbour was a commander from a paramilitary force that protesters blamed for cracking down on them in the past. Those concerns proved well-founded this week when people were forced to…
By Soo-hyang Choi SEOUL (Reuters) -North Korean leader Kim Jong Un has said preparations for the planned launch of the country’s first spy satellite should go ahead to counter what he called threats from the United States and South Korea, state media reported on Wednesday. Analysts say the military satellite is part of the reclusive,…
By Joe Cash and Pasit Kongkunakornkul BEIJING/BANGKOK (Reuters) – Bookings in China for trips abroad during the upcoming May Day holiday point to a continued recovery in travel to Asian countries, but the numbers remain far off pre-COVID levels with long-haul airfares soaring and not enough flights available. Overseas tour bookings for the upcoming holiday,…
By Anthony Boadle BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva on Tuesday condemned the violation of Ukraine’s territorial integrity by Russia and again called for mediation to end the war, a peace initiative that was criticized by the Ukrainian government. Speaking at a lunch with Romanian President Klaus Iohannis, Lula said a group…
