By Helen Coster (Reuters) -Fox News Media and its top-rated host Tucker Carlson have agreed to part ways, less than a week after parent company Fox Corp settled for $787.5 million a defamation lawsuit in which Carlson played a starring role. The outspoken Carlson embraced conservative issues and delivered his views with a style that…
By Jason Lange WASHINGTON (Reuters) – About half of U.S. Democrats say President Joe Biden should not seek re-election next year and that he is too old to run, a worrisome sign for the 80-year-old, a Reuters/Ipsos poll found. The three-day opinion poll completed on Monday, a day before he announced his re-election bid, showed…
By Natalia A. Ramos Miranda SANTIAGO (Reuters) – After their pick-up truck was stolen at gunpoint outside their home in Santiago last June, Javiera Castillo and her partner began learning how to shoot a pistol to prevent future encounters. Castillo, 23, a student and small-business owner who lives in the middle-class neighborhood of Maipu in…
By Noele Illien and Stefania Spezzati ZURICH (Reuters) – UBS said on Tuesday it had set aside more money to draw a line under its involvement in toxic U.S. mortgages, halving its first-quarter profit as the bank girds itself for the “hard” task of swallowing fallen rival Credit Suisse. Sergio Ermotti, brought back as UBS…
(This April 24 story has been corrected to fix the spelling of a name to Mahmood, not Mahmoud, in section 4) By Naomi Rovnick, Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – As calm returns to markets roiled by banking havoc in March, it’s time to reflect on the policy response. The International Monetary Fund…
By Heekyong Yang and Joyce Lee SEOUL (Reuters) – South Korea’s Hyundai Motor Co said on Tuesday it had finalised a $5 billion electric vehicle (EV) battery joint venture in the U.S., boosting electrification efforts in its largest market. Hyundai also reported its first-quarter net profit had more than doubled, exceeding expectations. Its shares rose…
By Katherine Masters and Mimosa Spencer NEW YORK (Reuters) -The splashy reopening of Tiffany & Co’s flagship store on the corner of Fifth Avenue and East 57th Street is a renovation representing the billions of capital investment in one of New York City’s most iconic shopping districts. Real estate experts say the flow of cash…
By David Shepardson and Heekyong Yang WASHINGTON/SEOUL (Reuters) -General Motors Co and Samsung SDI said on Tuesday they will invest over $3 billion to build a joint venture electric vehicle battery manufacturing plant in the U.S., as the automaker diversifies its component suppliers. The news comes as South Korean President Yoon Suk Yeol is in…
FRANKFURT/LONDON/TOKYO (Reuters) -The world’s top central banks are cutting the frequency of their dollar liquidity operations with the U.S. Federal Reserve from May, sending the clearest signal yet that last month’s financial market volatility is essentially over. The Fed started offering dollars in daily tenders from late March after the failure of Silicon Valley Bank…
By Ludwig Burger FRANKFURT (Reuters) -Novartis on Tuesday raised its full-year earnings outlook following cost cuts, a breast cancer drug trial success and progress in boosting output of a radiotherapy drug against prostate cancer. The Swiss drugmaker said in a statement that excluding Sandoz, a generic drug division to be spun off in the second…
