By Marc Jones and Canan Sevgili LONDON (Reuters) -Wild currency moves? Bazooka rate hikes? The many unknowns around Turkey’s pivotal elections on Sunday are leaving even the most experienced investors hedging their bets on how markets will react. The presidential vote, which could well require two rounds, is pitting President Tayyip Erdogan’s vision of a…
HONG KONG (Reuters) -Hong Kong’s economy grew 2.7% in the first quarter from a year earlier, government data showed on Friday, thanks to a strong recovery of inbound tourism and domestic demand which would remain drivers for growth this year. It was the first quarter of growth after four consecutive ones of contraction. The city’s…
By Daniel Leussink and Kantaro Komiya TOKYO (Reuters) -Toyota Motor Corp said on Friday the vehicle data of 2.15 million users in Japan, or almost the entire customer base who signed up for its main cloud service platforms since 2012, had been publicly available for a decade due to human error. The incident, which also…
By Mike Scarcella and Jahnavi Nidumolu NEW YORK/BENGALURU (Reuters) -Pratt & Whitney on Thursday opposed Go Airlines (India) Ltd’s push to enforce an arbitration ruling in an engine dispute, with the U.S. company arguing in a Delaware court that the Indian airline’s bankruptcy filing has raised risks for it. The Indian airline, widely known as…
By Ted Hesson WASHINGTON (Reuters) – Immigration advocates represented by the American Civil Liberties Union (ACLU) filed a legal challenge on Thursday minutes before a U.S. regulation restricting access to asylum at U.S.-Mexico border was set to take effect. In a motion filed before a federal judge in California, the groups want to re-open an…
WASHINGTON (Reuters) -Dutch medical device maker Philips will pay $62 million (56 million euros) to resolve charges it violated the Foreign Corrupt Practices Act over its conduct related to sales of medical equipment to China, the U.S. Securities and Exchange Commission said on Thursday. Philips said the settlement related to allegations of “irregularities in the…
By Brad Brooks (Reuters) – A federal judge in Virginia has struck down federal laws that block the sale of handguns to buyers under the age of 21, ruling they violate constitutional rights to possess firearms. The ruling, which the Justice Department is expected to challenge, will not take effect until judge Robert Payne, of…
By Jennifer Rigby LONDON (Reuters) – New highly-effective weight loss drugs such as Novo Nordisk’s Wegovy are not a “silver bullet” for addressing the rapid rise in global obesity rates, the World Health Organization’s nutrition chief told Reuters, as the agency conducts its first review of obesity management guidelines in more than 20 years. The…
By Xinghui Kok SINGAPORE (Reuters) -Singapore’s longest-serving central banker Ravi Menon has been reappointed in his role for another two years, the Monetary Authority of Singapore (MAS) said on Friday. Menon’s term as managing director of MAS was due to end on May 31. There had been earlier reports that he was to be…
By Tyler Clifford and Brendan O’Brien NEW YORK (Reuters) -A former U.S. Marine who killed a homeless man by putting him in a chokehold on the New York City subway will be arrested on Friday and arraigned on a charge of manslaughter, the Manhattan district attorney said on Thursday. A viral video showed the former…
