(Reuters) – Employees at a Miami investment firm had learned of a pending merger deal between former President Donald Trump’s social media company and a blank-check entity, long before it was announced, the New York Times reported on Monday, citing thr…
Russia strikes cities across Ukraine, gas supplies in focus
By Tom Balmforth and Max Hunder KYIV (Reuters) -Russian forces kept up their bombardment of cities across Ukraine, with intense shelling of Sumy in the north, cluster bombs targeting Mykolaiv and a missile strike in Odesa in the south, authorities said…
New UK finance minister targets inflation, ‘sound finances’
By David Milliken LONDON (Reuters) – Britain’s government must focus on sound public finances and avoid further fuelling inflation by pumping up demand, new finance minister Nadhim Zahawi is due to say in his first major speech on Tuesday. Zahawi will …
Witness to Indiana mall shooting praised for killing gunman
By Cheney Orr and Brendan O’Brien GREENWOOD, Ind. (Reuters) -A 22-year-old bystander who witnessed a deadly shooting over the weekend at a shopping mall near Indianapolis was hailed as a hero on Monday for killing the gunman and limiting the number of …
Airbus, airlines to explore carbon capture technology
By David Shepardson FARNBOROUGH, England (Reuters) – European airplane manufacturer Airbus and more than a half dozen airlines said on Monday they had signed letters of intent to discuss buying carbon removal credits to offset the emissions from air tr…
Fans, hoses and air con – heatwave-hit Britons seek relief
By James Davey and Richa Naidu LONDON (Reuters) – Sales of electric fans, hoses, air conditioning units and sprinklers are soaring as Britons swelter amid record temperatures, retailers said. Britain was braced for temperatures to hit 40C (104 degrees …
France girds for heat records as wildfires rage on
PARIS (Reuters) – France on Monday braced for what could become one of the hottest days ever recorded with temperatures reaching and even exceeding 40 degrees Celsius (104°F) in coastal regions cherished by tourists, as wildfires intensified in the wes…
Porsche expects higher returns, China recovery in 2022
BERLIN (Reuters) – Volkswagen-owned Porsche expects revenue of 38 billion to 39 billion euros ($38.63 billion to $39.64 billion) in 2022 from 33.1 billion in 2021, the sportscar maker said on Monday, despite registering a 5% drop in deliveries in the f…
Improved risk appetite lifts sterling 1.3% vs weakening dollar
By Joice Alves LONDON (Reuters) -Sterling surged more than 1% against a weakening U.S. dollar on Monday supported by improved risk sentiment as markets scaled back some of their bets on Federal Reserve rate hikes. The pound climbed 1.3% to a one-week h…
How Netflix plans to find its inner ‘Star Wars’
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) – Netflix broke Hollywood’s rules to create a $82 billion global streaming colossus that the rest of the entertainment industry rushed to copy. But as growth slows, it is looking backwards for…