(Reuters) – Twitter Inc is not looking at company-wide layoffs but could likely continue to restructure the business, the social media company said in a filing on Wednesday. The filing comes a day after Twitter sued Tesla Inc Chief Executive Elon Musk …
Hot inflation fuels bets on supersized Fed rate hike
By Lindsay Dunsmuir and Ann Saphir (Reuters) -The U.S. Federal Reserve is seen ramping up its battle with 40-year high inflation with a supersized 100 basis points rate hike this month after a grim inflation report showed price pressures accelerating. …
Anti-EU campaigner Farage says only Braverman will ‘complete Brexit’
LONDON (Reuters) – Leading anti-EU campaigner Nigel Farage said on Wednesday Attorney General Suella Braverman was the only one of the remaining six candidates for British prime minister who would “complete Brexit”. Farage, a former leader of the UK In…
France’s Macron wants ‘rethink’ of French military postures in Africa
PARIS (Reuters) – French President Emmanuel Macron said on Wednesday he wanted a “rethink of all our (military) postures on the African continent” and had asked his ministers and army chiefs to work on it. Macron made the comments as he was addressing …
Amazon.com’s Ring gave police data without user consent 11 times in 2022
WASHINGTON (Reuters) – Amazon.com’s Ring doorbell unit, which makes videos of the outside of an owner’s home, gave footage to law enforcement without the user’s consent 11 times so far this year, the company said. Amazon said it provided the video unde…
Turkey reports deal at talks aimed at restoring Ukrainian grain exports
By Yesim Dikmen and Ali Kucukgocmen ISTANBUL (Reuters) – Turkey announced a deal with Ukraine, Russia and the United Nations on Wednesday aimed at resuming Ukrainian grain exports blocked by Russia, raising prospects for an end to a standoff that has e…
Netflix names Microsoft as partner for ad-supported subscription plan
(Reuters) -Netflix Inc said on Wednesday it has selected Microsoft Corp as technology and sales partner for its planned ad-supported subscription offering, as the streaming giant looks to plug slowing subscriber growth by rolling out a cheaper plan. Sh…
Pakistan talks with IMF completed, announcement expected soon -minister
By Syed Raza Hassan KARACHI, Pakistan (Reuters) – Pakistan’s talks with the International Monetary Fund have been completed and an announcement on staff level agreement by the fund is expected soon, the country’s finance minister said on Wednesday. “Ou…
SAS and pilot unions unable to reach deal, talks to resume Thursday
By Helena Soderpalm STOCKHOLM (Reuters) -Scandinavian airline SAS and unions representing striking pilots were unable reach a collective bargaining agreement on Wednesday, with negotiations to resume on Thursday as a crippling strike will enter its 11t…
SpaceX Starship booster ‘probably’ returning to pad after explosion -Elon Musk
By Joey Roulette WASHINGTON (Reuters) – The Starship rocket booster SpaceX plans to use for an inaugural flight to orbit will “probably” return to its launch mount in Texas next week following a testing explosion on Monday, the company’s chief executiv…