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(Reuters) – A civilian was killed and six people were wounded, including a 12-year-old girl, following intense Ukrainian shelling in Donetsk, including cluster munitions, a Russian-installed official in the eastern Ukrainian region said on Saturday. One civilian was killed in a district of the city of Donetsk, while the six wounded people were in Makiivka,…
ROME (AP) — Eugenio Scalfari, who helped revolutionize Italian journalism with the creation of La Repubblica, a liberal daily that boldly challenged Italy’s traditional newspapers, died Thursday at 98, the Senate president announced. Senate President Maria Elisabetta Alberti Casellati led lawmakers who were debating a bill in a minute of silence to honor one of…
NEW YORK (AP) — The Federal Reserve should start raising interest rates next month to help rein in too-high inflation, Federal Reserve Bank of New York President John Williams said Friday. But he added that the rate hikes may not have to begin with as big a bang as some have suggested. With inflation at…
By Tom Sims, Carolyn Cohn and Jesús Aguado LONDON (Reuters) – Deutsche Bank said it was not withdrawing completely from Russia, drawing anger from investors and contrasting with Wall Street banks which are severing ties with the country over its invasion of Ukraine. Banks and asset managers have joined many other Western companies in pulling…
By David Shepardson and Eric M. Johnson WASHINGTON/SEATTLE (Reuters) – Boeing Co will strictly adhere to the export controls and restrictions that have been announced governing work in Russia, the U.S. airplane manufacturer’s Chief Executive said on Thursday. Chicago-based Boeing said earlier this week it was suspending parts, maintenance and technical support for Russian airlines…
GENEVA (AP) — A Swiss criminal court was opening a trial Monday on charges that Credit Suisse failed to do enough to stop money laundering linked to drug trafficking by a Bulgarian criminal organization, which employed a wrestler who once hauled millions in currency by car to Switzerland. The case against the bank in federal…
By Simon Jessop and Olena Harmash LONDON (Reuters) -Ukraine is seeking up to $40 billion to fund the first part of a “Green Marshall Plan” to rebuild its economy, including developing a coal-free steel industry, a senior Ukrainian official said ahead of an international summit. Politicians and financiers will discuss short-term funding issues as well…
By Jonathan Stempel NEW YORK (Reuters) -George Santos’s father and aunt were identified on Thursday as the guarantors of the indicted U.S. representative’s $500,000 bail, after Santos fought unsuccessfully to keep them anonymous. Gercino dos Santos and Elma Preven agreed to guarantee Santos’ bail, after the first-term New York congressman pleaded not guilty last month…
By John McCrank NEW YORK (Reuters) – Warren Buffett on Saturday said Berkshire Hathaway is cautious around the banking sector, largely because of poor messaging by officials around government-insured deposits, as well as distorted incentives he said were brought on by banking regulation. A crisis of confidence in the U.S. banking sector has led to…
(Reuters) – Shares in Johnson & Johnson were down 4.1% on Monday and looked set for their biggest one-day percentage loss since June 2020 after a U.S. judge shot down its second attempt to resolve tens of thousands of talc-related lawsuits. Johnson & Johnson has now failed twice to resolve talc suits by offloading the…
