WARSAW, Poland (AP) — The leader of Poland’s largest opposition party on Tuesday called on the country’s ruling party to fully clarify the facts surrounding an eight-year-old scandal involving the illegal recordings of top politicians and coal imports from Russia. Donald Tusk said it has long been clear that Russia was involved in the episode,…
By Arriana McLymore NEW YORK (Reuters) -Amazon.com Inc faces 18 shareholder proposals, beating its 2022 record of 15, as environmental, social and governance (ESG)-focused investors push for more changes in e-commerce giant, Amazon’s proxy statement released on Thursday shows. The proposals include a request to change Amazon’s executive compensation package, an audit to ensure that…
A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling removed, world markets see the sky again – encouraged that robust U.S. labor markets continue to defy recession fears as interest rates near peaks. May’s U.S. employment report later on Friday now stands as the last…
TOKYO (Reuters) – Japan’s Warabeya Nichiyo saw its shares lose more than 4% on Monday after the food maker disclosed two instances of cockroaches being found inside its rice that were sold at a 7-Eleven convenience store last week. Warabeya Nichiyo said it had received two separate notices that plum-flavoured rice balls made at a…
LONDON (AP) — Britain’s Conservative government unveiled a 15 billion pound ($19 billion) emergency aid package Thursday to ease a severe cost-of-living squeeze, announcing the plan a day after Prime Minister Boris Johnson vowed to “move on” from a months-long scandal over government parties during COVID-19 lockdowns. Treasury chief Rishi Sunak said the government would…
FRANKFURT (Reuters) – German technology group Robert Bosch expects 6% to 9% revenue growth this year from 88.2 billion euros ($97.49 billion) in 2022 and an EBIT margin of 5%, up from 4.3% last year, it said on Thursday thanks to growth in both its cars and heating systems businesses. The transformation of energy systems…
WASHINGTON (Reuters) – The European Central Bank needs to keep raising interest rates even if most of its past hikes have yet to feed through to the economy, as rapid price growth was at risk of getting entrenched, German central bank chief Joachim Nagel said on Friday. The ECB has raised rates by at least…
BRASILIA (Reuters) – Brazil posted a $11.4 billion trade surplus in May, marking a record for any given month since the data series began in 1989, official data showed on Thursday. The figure also came above the $9 billion surplus expected in a Reuters poll with economists, backed by a surge in the volume of…
SHANGHAI (Reuters) -China’s onshore yuan extended losses on Wednesday to end the domestic session at its lowest level against the dollar since the global financial crisis of 2008, while the offshore yuan hit a record low, pressured by expectations of more U.S. rate hikes. Currency traders said the yuan was reacting to broad greenback strength…
PARIS (AP) — Tens of thousands of French workers took to the streets Tuesday across the country, striking for pay hikes that keep up with rising inflation. The industrial action came after weeks of walkouts that have hobbled French oil refineries and sparked gasoline shortages around the country. “It’s time to go back to work,”…
