By Jonathan Allen (Reuters) -The Minnesota Court of Appeals on Monday upheld the conviction of former Minneapolis police officer Derek Chauvin for the murder of George Floyd during a 2020 arrest, rejecting Chauvin’s request for a new trial. The panel of three judges rejected Chauvin’s argument that the judge in his 2021 state trial made…
By Akash Sriram (Reuters) -Tesla Inc’s first-quarter margins are anticipated to have hit a more than three-year low as the electric-vehicle maker slashed prices to lure more buyers in the face of rising competition and a weak economy. The world’s most valuable automaker, which commands over half of the U.S. EV market, cut sticker prices…
By Andrea Shalal WASHINGTON (Reuters) -The Group of Seven (G7) coalition will keep a $60 per barrel price cap on seaborne Russian oil, a coalition official said, despite rising global crude prices and calls by some countries for a lower price cap to restrict Moscow’s revenues. The G7 and Australia made the decision to maintain…
By Horacio Soria and Juan Carlos Bustamante BUENOS AIRES (Reuters) – Argentine, fighting one of its worst outbreaks of dengue in recent years, is sterilizing mosquitoes using radiation that alters their DNA before releasing them into the wild. The South American country has this year recorded over 41,000 cases of the disease transmitted by mosquitoes,…
By Lisa Baertlein LOS ANGELES (Reuters) – California’s bustling seaports, dominated by massive container vessels and soaring cranes, may seem an unlikely setting for investors seeking to capitalize on the “green” revolution. But thanks to the state’s plan to phase out by 2035 heavy-duty diesel trucks that haul containers to ships and warehouses, the ports have…
By Kylie MacLellan and Alistair Smout LONDON (Reuters) -British Prime Minister Rishi Sunak is being investigated by parliament’s standards watchdog over whether he properly declared his wife’s shareholding in a childcare company which stands to benefit from new government policy. Parliament’s Commissioner for Standards began the investigation over a “declaration of interest” on April 13,…
DUBLIN (Reuters) – Ryanair does not expect to see major disruption this summer on account of Boeing’s decision to halt deliveries of 737 MAX jets over quality issues, a senior executive told Irish broadcaster RTE on Monday. The Irish airline in a statement on Friday said it was assessing with Boeing how the issue, related…
By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England likely has one more hike in its tightening cycle but it was a close call for a final quarter-point rate lift in May, according to a Reuters poll of economists who said the bigger risk was inflation being higher than they expect. Even though the…
By Andrew Chung WASHINGTON (Reuters) – An evangelical Christian former mail carrier’s fight with the U.S. Postal Service over his refusal to work on Sundays gives the Supreme Court another chance to widen religious rights but also has led to a debate over whether religious people are more legally deserving than others to weekend days…
By Nidhi Verma and Krishn Kaushik NEW DELHI (Reuters) -India and Russia are discussing a free trade agreement (FTA), the Russian trade minister said on Monday, an announcement that could deepen bilateral commercial ties that have flourished since war broke out in Ukraine. The FTA talks mark a step-up in economic relations between the two…