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PRESS DIGEST- New York Times business news - January 28
Jan 28 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- UPS UPS.N said it expected to cut as many as 30,000 jobs this year as part of a continuing effort to reduce costs and shore up pro...Reuters
Wed, Jan 28
ANALYSIS-Volkswagen CEO Blume, free of Porsche role, under pressure to deliver on turnaround
Investors list China, software as top challengesVolkswagen turns to foreign partners to plug gapsPorsche crisis looms over Blume's legacyTop shareholder awaiting 'implementation' of strategyBy Rachel More BERLIN, Jan 28(Reuters) - Volkswagen VOWG_p.DE CEO Oliver Blume faces a defining...Reuters
Wed, Jan 28
EXCLUSIVE-US conditions funding to global vaccine group on dropping mercury-based preservative from shots
US official says Gavi has so far refused to outline a plan for removing thimerosalGavi says decision would need approval from its board, committees and scientific consensusStudies have found no harm from thimerosal, a preservative used in multi-dose vialsUS Health Secretary has claimed thimerosal li...Reuters
Wed, Jan 28
South Korean court gives ex-First Lady Kim jail term for accepting bribes
SEOUL, Jan 28 (Reuters) - A South Korean court on Wednesday sentenced former First Lady Kim Keon Hee to one year and eight months in jail after finding her guilty of accepting bribes.The court cleared Kim on charges of stock price manipulation and violating the political funds act.Reuters
Wed, Jan 28
Thai parties tap nationalist mood as Cambodia clashes roil rural voters
Thailand to go to the polls on February 8Anger and anxiety among voters in Thai border areasRuling Bhumjaithai underscores support for the military Some parties recalibrate to avoid seeming unpatriotic -analystBy Panu Wongcha-um KANTHARALAK, Thailand, Jan 28 (Reuters) - Thai lawmaker Phumin Leeth...Reuters
Wed, Jan 28
A year into Trump presidency, 'pivot to China' gathers pace
China strengthens ties with key partners amid U.S. tensionsBritish PM latest to seek new trade relationship with ChinaChina's exports to non-U.S. markets rise significantly in 2025Yuan usage rises as China pushes for global currency influenceCritics caution about China's economic coercion de...Reuters
Wed, Jan 28
Japanese bonds rally as 40-year auction shows resilient demand before election
TOKYO, Jan 28 (Reuters) - Japanese government bonds (JGBs) rallied on Wednesday, as yields hovering near record highs attracted strong demand at an auction of super-long-term debt.The yield on the 40-year JGB JP40YTN=JBTC, which last week touched an all-time high of 4.205%, fell 3....Reuters
Wed, Jan 28
UK's Starmer heads to China to repair ties as he navigates tensions with US
Starmer makes first visit to China by a British PM since 2018UK wants to improve trade and economic ties with ChinaVisit follows Trump threats over GreenlandBy Andrew MacAskill and Ethan Wang LONDON/BEIJING, Jan 27 (Reuters) - Prime Minister Keir Starmer will fly to China on Tuesday evening on th...Reuters
Wed, Jan 28
SpaceX weighs June 2026 IPO at $1.5 trillion valuation, FT reports
Jan 28 (Reuters) - Elon Musk's SpaceX is weighing a mid-June 2026 initial public offering, aiming to raise as much as $50 billion at a valuation of roughly $1.5 trillion, the Financial Times reported, citing people familiar with the matter. Reuters could not immediately verify the report.Reuters
Wed, Jan 28
Puma's long slide: the rise and fall of a German sports icon
Puma, Adidas stem from same German town but took different pathsPuma lost ground in recent years to new brand like On, HokaWeak distribution one of main problemsRetail sector hit by trade war fearsChina's Anta to become biggest shareholder at PumaBy Paolo Laudani and Helen Reid Jan 28 (Reuter...Reuters
Wed, Jan 28
PRESS DIGEST- Financial Times - January 28
Jan 28 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- UK politicians call for competition review of Netflix bid for Warner Bros- Nomura-backed crypto group Laser Digital seeks US banking li...Reuters
Wed, Jan 28
Deputy chief minister of India's Maharashtra dies in plane crash, TV channels say
NEW DELHI, Jan 28 (Reuters) - The deputy chief minister of India's western state of Maharashtra, Ajit Pawar, was killed on Wednesday as his charter aircraft went down in flames, television channels said.Video showed billows of smoke rising from some of the burning wreckage of the plane, scattere...Reuters
Wed, Jan 28
Tennis-Pegula sees off fellow American Anisimov to reach first Australian Open semi
By Michael Church MELBOURNE, Jan 28 (Reuters) - Jessica Pegula moved into the semi-finals of the Australian Open for the first time in her career on Wednesday, with a 6-3 7-6(1) win over fellow American and fourth seed Amanda Anisimova at Melbourne Park.The sixth seed, who exited the competition ...Reuters
Wed, Jan 28
BREAKINGVIEWS-Asia’s McDonald's bites off more than it can chew
By Katrina HamlinHONG KONG, Jan 28 (Reuters Breakingviews) - Asia’s fast-food giant has indigestion. Jollibee’s JFC.PS shares have barely budged after a decade-long global acquisition spree overseen by its long-time CEO Ernesto Tanmantiong. Now the $3.8 billion Philippine group wants to list its unp...Reuters
Wed, Jan 28
Trump, seeking damage control, weighs less aggressive approach in Minneapolis
Trump reassesses administration response after Pretti's deathFederal judge orders ICE head to court over bond hearingsVideo evidence contradicts DHS claim of Pretti's threatBy Nandita Bose and Brad Brooks WASHINGTON/MINNEAPOLIS, Jan 27 (Reuters) - President Donald Trump's border czar,...Reuters
Wed, Jan 28
EXCLUSIVE-China gives green light to importing first batch of Nvidia's H200 AI chips, sources say
Jan 28 (Reuters) - China has approved its first batch of Nvidia's H200 artificial intelligence chips for import, two people familiar with the matter told Reuters, marking a shift in position as China seeks to balance its AI needs against spurring domestic development. The approval covers several...Reuters
Wed, Jan 28
Trump says Alex Pretti, man shot in Minnesota, should not have carried gun
By Jarrett Renshaw Jan 27 (Reuters) - U.S. President Donald Trump on Tuesday said Alex Pretti, the man fatally shot by a federal agent during a confrontation in Minneapolis, should not have been carrying a gun or fully loaded magazines, comments that put him at odds with gun rights groups and som...Reuters
Wed, Jan 28
OpenAI's Altman, Apple's Cook become latest CEOs to criticize ICE after Minneapolis killing
Jan 27 (Reuters) - OpenAI CEO Sam Altman told employees in an internal message that ICE is "going too far" with its immigration crackdown, becoming the latest corporate executive to voice concerns about heavy enforcement actions in Minnesota. Federal agents shot and killed a protester in Min...Reuters
Wed, Jan 28
Standardaero Inc Says Pricing Of Of 50 Mln Shares Of Company's Common Stock At A Price Of $31.00/Share
Jan 27 (Reuters) - StandardAero, Inc. SARO.N:STANDARDAERO ANNOUNCES PRICING OF ITS SECONDARY OFFERING OF 50,000,000 SHARES OF COMMON STOCK BY AFFILIATES OF THE CARLYLE GROUP INC. AND GICSTANDARDAERO, INC.: PRICING OF OF 50,000,000 SHARES OF COMPANY'S COMMON STOCK AT A PRICE TO PUBLIC OF $31.00 P...Reuters
Wed, Jan 28
