By Jonathan Stempel NEW YORK (Reuters) -Deutsche Bank AG agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein, and accused the German bank of facilitating his sex trafficking. The accord resolves a proposed class action in Manhattan federal court, and was confirmed…
By Jonathan Stempel (Reuters) – Google will pay Washington state $39.9 million to resolve a lawsuit accusing the Alphabet Inc unit of misleading consumers about its location tracking practices, state Attorney General Bob Ferguson said on Thursday. The settlement resolves claims that Google deceived people into believing they controlled how the search and advertising company…
By Rachel Savage and Maxwell Akalaare Adombila JOHANNESBURG/ACCRA (Reuters) -Ghana is targeting $10.5 billion of external debt service relief from 2023-2026, the IMF said, giving an early indication of how large a hit investors might face in an impending debt overhaul. The West African country’s debt is currently unsustainable, but Ghana aims to restore…
LONDON (Reuters) -A European body that reviews disputes in the credit default swaps market said on Thursday it will discuss whether a bankruptcy credit event occurred at Credit Suisse after regulators wiped out the bank’s junior bondholders in a state-assisted merger with UBS. The EMEA Credit Derivatives Determination Committee (CDDC) said it will meet on…
MEXICO CITY (Reuters) -Chile’s lithium miner SQM is set to start talks about lithium projects with state miner Codelco in the coming weeks, the firm’s Chief Executive Officer Ricardo Ramos told analysts in a quarterly earnings call on Thursday. Ramos said the exact dates would soon be shared with the market. The Chilean government had…
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday ruled against Amgen Inc in its bid to revive patents on its cholesterol-lowering drug Repatha in a legal clash with French rival Sanofi SA. The 9-0 ruling upheld a lower court’s decision that had invalidated Amgen’s patents on the grounds that the Thousand Oaks,…
By Niket Nishant (Reuters) -Billionaire Sam Zell, who built a real estate empire and was known for his bets on distressed assets, died at the age of 81 due to complications from a recent illness, a statement from his private investment firm said on Thursday. Born in 1941 to Polish parents who escaped to the…
By Mai ShamsElDin and El Tayeb Siddig CAIRO (Reuters) – After surviving weeks of fighting in Khartoum, Sanaa Mahmoud has finally got her family to safety in Cairo but says her daughter still wakes up at night screaming because of the gunfire and airstrikes that rocked her neighbourhood. “They saw everything, the gunfire was falling…
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell more than expected last week, with applications in Massachusetts decreasing sharply, suggesting the labor market remains tight. The steep decline in weekly jobless claims reported by the Labor Department on Thursday reversed the surge in the prior week,…
By Max Hunder ZAPORIZHZHIA REGION, Ukraine (Reuters) – As the doctor prepared to administer an injection, the loud thud of an artillery shell in the distance broke the silence in the operating room. The staff at this emergency medical treatment point for soldiers near the Zaporizhzhia frontline in Ukraine’s south, aren’t fazed by the danger….
