PARIS (Reuters) – The Paris prosecutor has opened a judicial inquiry into planned obsolescence of Apple products, a spokesperson for the prosecutor said on Monday, confirming an AFP report. “Following a complaint, an investigation was opened in December 2022 into deceptive marketing practices and programmed obsolescence,” the spokesperson said, adding that the complaint had been…
KRAMATORSK, Ukraine (AP) — Russian troops pushed deeper into a key eastern Ukrainian city Monday, fighting street by street with Kyiv’s forces in a battle that has left Sievierodonetsk in ruins. In a bid to pressure Moscow to end the war, the European Union agreed to embargo most Russian oil imports by the end of…
By Alexander Marrow (Reuters) – The rouble sank to its lowest in nearly 15 months against the dollar on Monday in one of its most volatile sessions this year as investors responded for the first time to an aborted mutiny by armed mercenaries in Russia over the weekend. Mercenaries led by Yevgeny Prigozhin withdrew from…
QUITO (Reuters) – Ecuadorean opposition lawmakers and President Guillermo Lasso – or his lawyer – are scheduled to testify this week in impeachment hearings that could see the conservative former banker censured and removed from office. WHAT IS THE PRESIDENT ACCUSED OF? Lasso, who has an antagonistic relationship with lawmakers, is accused of political responsibility…
By Daniel Leussink TOKYO (Reuters) -Japan’s factory output shrank for the first time in three months in December as a decline in machinery production outweighed a small rise in autos, casting a cloud over the strength of the economic recovery. Retail sales posted their third straight month of year-on-year gains in December as low coronavirus…
By David Lawder WASHINGTON (Reuters) -The White House on Tuesday revised down its projected fiscal 2022 deficit to $1.032 trillion, a $383 billion reduction from its budget forecast in March, reflecting stronger-than-expected revenues offset by new spending and technical re-estimates of healthcare and other outlays. The White House’s mid-session budget review includes the impact of…
By John Revill ZURICH (Reuters) -A parliamentary investigation into the collapse of Credit Suisse will keep its files closed for 50 years, according to a parliamentary committee document, a level of secrecy that has triggered concern among Swiss historians. The document means the investigating commission would hand over its files to the Swiss Federal Archives…
By Alexander Marrow MOSCOW (Reuters) -The rouble weakened sharply on Wednesday, sliding to the 72 mark against the dollar, as sanctions on Russian oil and their probable impact on export revenues put pressure on the Russian currency. The rouble lost about 8% against the dollar last week and is on course for a hefty monthly…
By Elizabeth Piper and Viktoriia Lakezina KHERSON, Ukraine (Reuters) – It was a warning by her daughter that persuaded Alina Fil to leave her home in the southern Ukrainian city of Kherson early on Thursday after another night of Russian shelling. Fil was one of dozens of Kherson residents who headed to the local bus…
By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The U.S. dollar bounced on Friday after falling sharply the last few days, as investors consolidated losses ahead of the weekend, but its trajectory remained tilted to the downside with the Federal Reserve thought near the end of its rate hike cycle amid softening inflation….
