(Reuters) – A Moscow court on Monday rejected an appeal brought by Meta Platforms Inc after it was found guilty of “extremist activity” in Russia, the TASS news agency reported. Russia in March found Meta guilty of “extremist activity”, but said the ruling would not affect its WhatsApp messenger service, focusing on the U.S. firm’s…
SHAKAHOLA FOREST, Kenya (Reuters) -Kenyan investigators exhumed 21 more bodies on Tuesday as they resumed a search for followers of a doomsday cult, who the interior minister described as victims of a “highly organised crime”. Paul Mackenzie, leader of the Good News International Church, is in custody accused of ordering followers to starve their children…
By Gram Slattery WASHINGTON (Reuters) – The U.S. House of Representatives approved a Republican effort on Wednesday to censure Representative Adam Schiff, a rare move intended to punish the Democrat for his leading role in investigating the conduct of Donald Trump when he was president. The measure’s sponsor, far-right Republican Representative Anna Paulina Luna, argued…
BRASILIA (Reuters) – Brazil’s public sector debt remained stable at 73.6% of its gross domestic product (GDP) in June despite a significant negative primary result for the month, showed central bank data on Friday. Economists surveyed by Reuters had anticipated the Brazilian gross debt to rise to 74.0% of GDP. In June, the public sector…
(Reuters) – Dotdash Meredith, owned by media mogul Barry Diller’s IAC, has decided to stop publishing the print editions of six magazines including Entertainment Weekly and InStyle as part of a digital push. The move would result in 200 job losses and impacted titles also include EatingWell, Health, Parents and People en Español, Dotdash Meredith…
(Reuters) – U.S. authorities are considering the expansion of an emergency lending facility that would offer banks more support, in an effort that could give First Republic Bank more time to shore up its balance sheet, Bloomberg News reported on Saturday. All deliberations are at an early stage and an expansion of the Federal Reserve’s…
By Nick Carey and Paul Lienert LONDON/DETROIT (Reuters) – The rise of inexpensive Chinese electric vehicles has upped the pressure on legacy automakers who have turned to suppliers, from battery materials makers to chipmakers, to squeeze out costs and develop affordable EVs quicker than previously planned. “Automakers are really now only turning to affordable vehicles,…
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials last month agreed that, with inflation widening its grip on the economy and employment strong, it was time to tighten monetary policy, but also that decisions would depend on a meeting-by-meeting analysis of data, according to minutes of the Jan. 25-26 policy meeting. Participants agreed that…
By Jonathan Saul HERZLIYA, Israel (Reuters) – Every morning Amir sets up a protest stand to warn passersby that Israeli democracy is in danger from hotly contested legislation to curb the courts. But he’s a very unusual protester – a former Mossad spy who never before questioned the state for which he once risked his…
By Hadeel Al Sayegh and Maha El Dahan DUBAI (Reuters) – Saudi Arabia is selling a stake of roughly 0.64% in state oil giant Aramco in a landmark deal as the kingdom proceeds with Crown Prince Mohammed bin Salman’s plan to diversify the economy. Saudi Arabia is offering 1.545 billion Aramco shares at between 26.7…
