DUESSELDORF (Reuters) – German arms makers Rheinmetall and Krauss-Maffei Wegmann have settled a legal dispute over the intellectual property rights to the Leopard 2, one of the world’s most advanced battle tanks, a court said on Tuesday. A boom in defence orders due to the war in Ukraine, and in particular demand for Leopard tanks…
The Guns of August is a historical non-fiction novel penned by Barbra Tuchman. It centers around the developments in the month leading up to World War I. It studies the French and German 1914 preparations for a war based on assumptions around the Franco-Prussian War in 1870. What they did not consider was how the…
By Jatindra Dash and YP Rajesh BAHANAGA, India (Reuters) -Indian rescue workers completed operations on Sunday after the country’s deadliest rail crash in more than two decades, with signal failure emerging as the likely cause of an accident that killed at least 275 people. The death toll from Friday’s crash was revised down from 288…
LOS ANGELES (AP) — The housing market’s comedown from its high-flying days early this year is deepening, with home sales in July falling for the sixth straight month. Sharply higher mortgage rates, surging inflation and prices that remain near all-time highs are making homes less affordable. Sales fell 20.2% from July last year, reaching the…
(Reuters) -U.S.-based crypto exchange Kraken said on Wednesday it would cease its operations in Japan next month, citing the current market conditions in the country and a weak crypto market globally. Kraken will deregister from the Financial Services Agency (JFSA) as of Jan. 31, by which time clients would have to withdraw their fiat and…
(This June 6 story has been refiled to change the corporate name to Bittrex Inc from Bittrex Global in paragraph 16) By Jonathan Stempel, Hannah Lang and John McCrank NEW YORK (Reuters) – The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major crypto exchange,…
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Thursday urged Latino voters not to back Florida Governor Ron DeSantis in the next U.S. presidential election, accusing the Republican politician of trying to win votes at the expense of migrants. DeSantis said Wednesday he would seek the 2024 Republican nomination for president and…
(Reuters) -Russian Foreign Minister Sergei Lavrov on Saturday said Western sanctions would have no effect on the country’s oil exports and predicted a big jump in profits from energy shipments this year. “Considering the price level that has been established as a result of the West’s policies, we have suffered no budgetary losses,” the foreign…
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended lower on Friday in a seesaw session, as investors digested a U.S. jobs report that showed weaker-than-expected growth and awaited more economic data and corporate earnings in the weeks ahead. The U.S. added the fewest jobs in 2-1/2…
By Daniel Leussink TOKYO (Reuters) – Japan’s economy will grow at a weaker rate than previously thought this quarter despite hopes for a strong rebound in consumption after showing resilience in the three months through March, a Reuters poll of economists showed. The world’s third-largest economy is at risk of being hobbled by slowing economic…
