CARACAS (Reuters) – Venezuela’s Supreme Court on Friday ordered a “broad and diverse restructuring” of the Venezuelan Red Cross and the dismissal of the president and members of the board of directors. The ruling ordered the establishment of an ad hoc restructuring board for the Venezuelan Red Cross, to be chaired by Ricardo Cusanno, the…
By Maha El Dahan, Ahmad Ghaddar and Alex Lawler DUBAI/LONDON (Reuters) -An OPEC+ ministerial panel which met on Friday made no changes to the group’s current oil output policy after a Saudi decision to extend its voluntary production cut into September helped oil prices rally further. The panel, called the Joint Ministerial Monitoring Committee, can…
By Supantha Mukherjee, Martin Coulter and Joan Faus BARCELONA (Reuters) – A clash between Big Tech and European Union telecoms firms over who will underwrite network infrastructure is set to dominate discussion at the world’s largest telecoms conference this week. More than 80,000 people, including tech executives, innovators, and regulators, are set to descend on…
(Reuters) – U.S. Secret Service Director James Murray is joining social media company Snap Inc as its chief security officer following his retirement from federal service, a Snap spokesperson said on Thursday. Murray’s retirement was announced by the Secret Service in a statement earlier on Thursday. He will start in his new role with Snap…
By Max Hunder KRAMATORSK, Ukraine (Reuters) – A Russian missile struck a restaurant in the eastern Ukrainian city of Kramatorsk on Tuesday, killing at least eight people and wounding 56, emergency services said, as rescue crews combed the rubble in search of casualties. A second missile hit a village on the fringes of Kramatorsk, injuring…
MEXICO CITY (Reuters) – Mexican airline Volaris expects to operate under the U.S. Category 1 aviation safety rating in the fourth quarter, which would allow the carrier to add global flights as demand grows, CEO Enrique Beltranena said on Tuesday. He expects Mexico to regain the rating in a few months, Beltranena told analysts on…
By Trevor Hunnicutt and Ted Hesson WASHINGTON (Reuters) – The Biden administration will make it easier for Indians to live and work in the United States, using this week’s state visit by Prime Minister Narendra Modi to help some skilled workers enter or remain in the country, according to three people familiar with the matter….
(Reuters) – Goldman Sachs said rising usage of electric vehicles (EV) was a “key pillar of copper’s bullish story”, forecasting copper demand from the sector to amount to 1 million tonnes (mt) this year, rising to 1.5 mt in 2025. “Due to copper’s highly conductive and ductile nature, it is an ideal candidate for transformation…
TOKYO (Reuters) -Toyota Motor Corp said on Thursday global vehicle production grew at a record pace for the month of August, as the sector recovered from the COVID-19 pandemic and production capacity increased, mainly overseas. Vehicle production soared 44.3% in August year-on-year, the first increase since March. The world’s largest automaker by sales produced 766,683…
LONDON (Reuters) – Nestle will raise prices at a more moderate rate in the remainder of 2023, its CEO said on Thursday, as the company hit back at criticism that food manufacturers are charging more than they need to. Consumer goods companies have raised prices in the past two years in response to the impact…
