By Laura Matthews NEW YORK (Reuters) – Citigroup Inc’s global head of foreign exchange, Stuart Staley, is leaving the bank and an interim head will be named in the coming weeks, according to an internal memo seen by Reuters. Staley, who joined Citigroup in New York in 2004, was appointed global head of FX in 2022,…
(Reuters) -Johnson & Johnson said on Thursday it has agreed to retain all talc-related liabilities arising from litigation in the United States and Canada and will “indemnify” newly formed consumer health unit Kenvue for all costs. The statement comes after the Financial Times reported earlier in the day that Kenvue had been named in claims…
By Tom Westbrook SINGAPORE (Reuters) – China’s yuan currency is slowly but surely being adopted for more international payments, which analysts say could lay foundations for a trade system running parallel to the dominant U.S. dollar. In the past day alone, data showed that more cross-border transactions with China were settled in yuan in March…
By James Oliphant and Alexandra Ulmer (Reuters) -In his face-off with Walt Disney Co, Florida Governor Ron DeSantis has frequently adopted the pose of a swaggering gunfighter out of the Wild West. “There’s a new sheriff in town,” DeSantis boasts to conservative audiences nationwide as he prepares to launch his 2024 presidential bid. The flex…
(Reuters) – Mastercard Inc on Thursday said the U.S. Justice Department was conducting an antitrust investigation of its U.S. debit program and competition with other payment networks. The company in a filing said it had received a civil investigative demand, the civil equivalent of a subpoena, from the Justice Department’s Antitrust Division. The filing did…
WASHINGTON (Reuters) – The United States will dedicate specially trained asylum officers to new refugee centers in Guatemala and Colombia, Department of Homeland Security Secretary Alejandro Mayorkas told reporters on Thursday as Washington seeks to create new lawful pathways for migrants. The announcement was part of a series of actions rolled out by President Joe…
By Emily Rose JERUSALEM (Reuters) -Florida Governor Ron DeSantis on Thursday brushed off legal action taken against him by Walt Disney Co, describing it as politically motivated and accusing the global entertainment giant of lacking accountability and transparency. Disney, in a lawsuit filed this week, accused the DeSantis administration of “weaponizing its power to inflict…
By Nate Raymond and Brendan Pierson (Reuters) – Massachusetts’ top court on Thursday revived the indictments against two former leaders of a veterans’ home charged with criminal neglect for their roles in handling a COVID-19 outbreak that killed 84 people. The Massachusetts Supreme Judicial Court, in a 5-2 ruling, overturned a judge’s decision to throw…
By Ananya Mariam Rajesh (Reuters) -Domino’s Pizza Inc on Thursday warned of a slowdown in its delivery business as consumers opt to cook at home instead of ordering in, sending shares of the company down 6% and taking the shine off the better-than-expected first-quarter results. Consumers whose disposable income has already been stretched by elevated…
By Sam Tobin LONDON (Reuters) -Queen Elizabeth knew that Rupert Murdoch’s UK newspaper arm had been spying on her family and their friends, and authorised her staff to “draw a line” under the issue, according to an email released on Thursday in a lawsuit by her grandson Prince Harry. Harry is suing Murdoch’s News Group…
