By Humeyra Pamuk WASHINGTON (Reuters) – U.S. citizen Jose Pereira, who was “wrongfully detained” in Venezuela exactly one year ago, stood meters away from the White House on Wednesday and pleaded with U.S. President Joe Biden to step up efforts to bring home Americans detained abroad. Pereira was among the executives who worked for U.S….
SAN FRANCISCO (Reuters) -Proxy advisory firm ISS on Wednesday recommended Tesla investors vote against the re-election of board chair Robyn Denholm, citing concerns about a lack of scrutiny of the pledging of some company stocks by CEO Elon Musk and his brother Kimbal Musk. Pledging shares, or using them as collateral for loans, raises risks…
By David Shepardson WASHINGTON (Reuters) -The United States will allow Chinese airlines to increase U.S. passenger services to 12 weekly round-trips, the Transportation Department (USDOT) said on Wednesday, equal to the number of flights Beijing has permitted for American carriers. It is a boost from the eight weekly round-trip flights currently allowed by Chinese carriers and matches…
By Mohamed Nureldin and Nafisa Eltahir KHARTOUM (Reuters) -The United Nations pressed Sudan’s warring factions on Wednesday to guarantee safe passage of humanitarian aid after six trucks were looted and air strikes in the capital undermined a supposed truce. U.N. aid chief Martin Griffiths said he hoped to have face-to-face meetings with Sudan’s warring parties…
By Sarah Morland MEXICO CITY (Reuters) -Mexico’s president asked his U.S. counterpart Joe Biden to stop the United States Agency for International Development (USAID) from funding groups hostile to his government, according to a letter presented to journalists on Wednesday, echoing previous Mexican criticism of U.S. interventionism. President Andres Manuel Lopez Obrador did not specify…
By Kiana Wilburg GEORGETOWN (Reuters) -An Exxon Mobil unit is in breach of insurance obligations for its first offshore oil project in Guyana in part due to errors by the environmental regulator, a Guyanese court ruled on Wednesday, a decision the government rejected. Exxon “engaged in a disingenuous attempt” to dilute its obligations under its…
(Reuters) – A protracted default on U.S. payment obligations could result in the loss of 8.3 million jobs and a 6.1% reduction in economic output, according to an analysis by the White House Council of Economic Advisers released on Wednesday. Such an unprecedented default “would likely lead to severe damage to the economy, with job…
By Sam Jabri-Pickett TORONTO (Reuters) -Google and Meta would withdraw access to news articles in Canada if legislation compelling internet companies to pay news publishers is passed, company executives told Canadian lawmakers on Wednesday. Canada’s proposed legislation would force platforms like Google parent Alphabet Inc and Facebook parent Meta Platforms Inc to negotiate commercial deals…
NEW YORK (Reuters) – Goldman Sachs Group Inc is in talks to settle a class-action lawsuit that alleged widespread gender bias against women in pay and promotions, said a source familiar with the matter. The move to settle the case comes roughly a month before the trial was set to begin. The plaintiffs, former employees…
By Devayani Sathyan BENGALURU (Reuters) -Australia’s central bank will likely deliver one more 25-basis-point interest rate increase by end-September to 4.10% following a surprise hike on Tuesday, according to a slim majority of economists in a snap Reuters poll. The Reserve Bank of Australia, which apologized last year for providing unclear guidance, has sent mixed…
