By Jessica DiNapoli NEW YORK (Reuters) -Ahold Delhaize has hit “roughly half” its goal to grow revenue from businesses beyond grocery stores to 1 billion euros by 2025, CEO Frans Muller told Reuters, an effort focused on selling ads on its supermarkets’ websites and monetising insights on consumer data. Grocers like Ahold Delhaize are building…
MOSCOW (Reuters) -A U.S. musician and former paratrooper has been arrested in Moscow on drug dealing charges and his court appearance, locked in a metal cage, has been shown on Russian state television. Russia’s court system named the detained American as Michael Travis Leake, 51, who was formerly a songwriter and musician in the Russian…
By Nathan Layne (Reuters) -Former President Donald Trump used the first public appearance since his federal indictment to ratchet up attacks on the Justice Department, accusing prosecutors, without evidence, of a politically motivated campaign to keep him from the White House. Speaking on Saturday at Georgia’s state Republican convention, Trump alleged that President Joe Biden,…
ZURICH (Reuters) – Swiss financial regulator FINMA has specified the central elements of its regulatory requirements for the merged UBS and Credit Suisse, it said on Monday. The regulator also said it “welcomes UBS’s strategic focus, which foresees a rapid reduction of risk in investment banking,” in a statement after UBS formally completed its emergency…
(Reuters) -Billionaire financier George Soros is handing control of his massive empire to his son Alexander, a Soros spokesperson said on Sunday. The spokesperson confirmed the details from an interview with Soros published in The Wall Street Journal on Sunday. A hedge fund manager turned philanthropist and major backer of liberal causes, Soros, 92, said…
By Jarrett Renshaw PHILADELPHIA (Reuters) – A portion of a vital highway on the East Coast of the U.S. collapsed in Philadelphia after a tanker truck carrying gasoline caught fire underneath an overpass, officials said on Sunday. No deaths or injuries were reported, but officials said the situation remains fluid and that investigators were still…
(Reuters) – It’s a week of meetings of central bank heavies, with the U.S. Federal Reserve, European Central Bank and Bank of Japan all due to announce decisions. The Fed is tipped to stop its rate increases, for now, the ECB, to keeping going, for now, while the BOJ remains in stop mode, for now….
BEIJING (Reuters) -China deployed a reconnaissance aircraft over Pacific waters east of Taiwan last week that Chinese media said monitored and gathered intelligence on an exercise involving the navies of the United States, Japan, France and Canada. A Y-9 cargo plane variant fitted with intelligence-gathering equipment most likely monitored and collected intelligence on the exercise,…
By Tomasz Janowski, Oliver Hirt and John Revill ZURICH (Reuters) – With its Credit Suisse takeover officially wrapped up, UBS must now make good on its promise that the government-orchestrated rescue will deliver both for shareholders and Swiss taxpayers. The world’s biggest banking deal since the 2008 financial crisis has forged a wealth manager with…
By Ludwig Burger and Patricia Weiss HAMBURG (Reuters) -BioNTech will go to court on Monday to defend itself against a lawsuit from a German woman who is seeking damages for alleged side effects of its COVID-19 vaccine, the first of potentially hundreds of cases in the country. The woman, exercising her right under German privacy…
