News
Important Only
Coca‑Cola scraps Costa Coffee sale, FT reports
Jan 14 (Reuters) - Coca-Cola KO.N has abandoned plans to sell its Costa Coffee chain after offers from private equity firms came in below expectations, the Financial Times reported on Wednesday. The U.S. beverage giant ended talks with remaining bidders in December, halting a months-long auction pro...Reuters
Wed, Jan 14
Saks Global Secures $1.75 Billion Of Committed Capital
Jan 14 (Reuters) - SAKS GLOBAL SECURES $1.75 BILLION OF COMMITTED CAPITAL AND ANNOUNCES RETURN OF INDUSTRY VETERANS TO ADVANCE TRANSFORMATION OF ICONIC LUXURY PORTFOLIOSAKS- FORMER NEIMAN MARCUS GROUP CEO GEOFFROY VAN RAEMDONCK NAMED SAKS GLOBAL'S CEOSAKS GLOBAL - FORMER NEIMAN MARCUS GROUP CEO ...Reuters
Wed, Jan 14
RPT-US-based rights group HRANA says verified death toll of Iran's protests rises to 2,571
DUBAI, Jan 14 (Reuters) - The U.S.-based HRANA rights group said on Wednesday it had verified the deaths of 2,571 people during Iran's protests, including 2,403 protesters, 147 government-affiliated individuals, twelve people aged under 18 and nine non-protester civilians.Reuters
Wed, Jan 14
Coca‑Cola scraps Costa Coffee sale, FT reports
Jan 14 (Reuters) - Coca-Cola KO.N has abandoned plans to sell its Costa Coffee chain after offers from private equity firms came in below expectations, the Financial Times reported on Wednesday. The U.S. beverage giant ended talks with remaining bidders in December, halting a months-long auction pro...Reuters
Wed, Jan 14
Saks Global files for bankruptcy after Neiman Marcus takeover leads to financial collapse
Jan 13 (Reuters) - High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday in one of the largest retail collapses since the pandemic. The move cast uncertainty over the future of U.S. luxury fashion barely a year after a takeover that brought Saks Fifth Ave...Reuters
Wed, Jan 14
New Zealand central bank governor faces backlash for Fed solidarity
RBNZ governor signed statement alongside other central bank chiefs supporting Fed chairForeign Minister Peters criticizes RBNZ's involvement in US politicsBreman signed statement because she believes in central bank independence-RBNZ spokespersonBy Lucy Craymer WELLINGTON, Jan 14 (Reuters) - ...Reuters
Wed, Jan 14
South Korea's Lee ordered review to look at restoring North Korea military pact, media says
SEOUL, Jan 14 (Reuters) - South Korea's presidential Blue House said on Wednesday that President Lee Jae Myung ordered a review to look at potentially restoring a 2018 military agreement with North Korea, the News1 agency reported.Reuters
Wed, Jan 14
Olympics-LA28 lights Coliseum cauldron as ticket registration set to open
By Rory CarrollLOS ANGELES, Jan 13 (Reuters) - Los Angeles Olympic organizers brought together about 300 current and former Olympians and Paralympians at the LA Memorial Coliseum on Tuesday for a ceremonial lighting of the stadium's Olympic cauldron, using the rare gathering of athletes to launc...Reuters
Wed, Jan 14
PRESS DIGEST- Financial Times - January 14
Jan 14 (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- BBC seeks to get Trump's $10 billion lawsuit thrown out of court- Reeves to unveil 45 billion stg railway upgrade in northern Engla...Reuters
Wed, Jan 14
US issues urgent safety warning after two drivers killed in crashes with faulty air bags
NHTSA warns of dangerous Chinese air bag inflators in used carsDTN inflators linked to 10 crashes, 8 deaths, 2 severe injuriesNHTSA urges repair shops to report substandard inflators, warns consumersBy David ShepardsonWASHINGTON, Jan 13 (Reuters) - The U.S. National Highway Traffic Safety Administra...Reuters
Wed, Jan 14
Far-right group targeting pro-Palestinian voices to close New York operation, NY AG says
By Kanishka Singh WASHINGTON, Jan 13 (Reuters) - New York Attorney General Letitia James' office said on Tuesday it reached a settlement with Betar US that would wind down the far-right Zionist group's New York operations after an investigation found the group intimidated pro-Palestinian ...Reuters
Wed, Jan 14
Tennis-Ofner's premature celebration costs him Australian Open spot in epic collapse
Jan 14 (Reuters) - Sebastian Ofner may never forget the rules of the sport again after his premature victory celebration turned into a nightmare collapse against Nishesh Basavareddy in the Australian Open qualifiers on Wednesday.Austrian Ofner looked destined for the next round when he surged to a c...Reuters
Wed, Jan 14
US civil rights pioneer Claudette Colvin dead at 86
Refused to give up bus seat nine months before Rosa ParksArrest helped end racial segregation of US transit systemColvin's story remained largely eclipsed for decadesBy Steve GormanJan 13 (Reuters) - U.S. civil rights pioneer Claudette Colvin, arrested at age 15 for refusing to give up her bus s...Reuters
Wed, Jan 14
New Zealand central bank governor faces backlash for Fed solidarity
By Lucy Craymer WELLINGTON, Jan 14 (Reuters) - New Zealand's Foreign Minister Winston Peters on Wednesday publicly rebuked the country's new central bank governor for signing a statement in support of Federal Reserve Chair Jerome Powell.Top central bankers in Europe, England, Canada, Aust...Reuters
Wed, Jan 14
Japan will not comment on BOJ's absence in joint Powell statement
TOKYO, Jan 14 (Reuters) - Japan declined on Wednesday to comment on the Bank of Japan's absence from a statement by other central banks supporting U.S. Federal Reserve chair Jerome Powell, following the Trump administration's threat of criminal indictment."The matter concerns the BOJ'...Reuters
Wed, Jan 14
Golf-Rahm, Smith and DeChambeau stick to LIV Golf despite PGA Tour's open door
Jan 14 (Reuters) - LIV Golf's Jon Rahm, Cam Smith and Bryson DeChambeau have turned their backs on a chance to return to the PGA Tour, choosing to stay loyal to the Saudi-backed circuit even as former world No. 1 Brooks Koepka makes a costly comeback.Three of LIV Golf's biggest names - all m...Reuters
Wed, Jan 14
REFILE-'Agatha Christie's Seven Dials' brings feisty flavour to murder mystery
By Hanna RantalaLONDON, Jan 13 (Reuters) - Makers of the new Netflix series "Agatha Christie's Seven Dials" hope to introduce a new generation to the queen of crime, the iconic author of more than 60 mystery novels.The three-part show debuting Thursday is based on Christie's 1929 nov...Reuters
Wed, Jan 14
Ford CEO says trade deal with Mexico and Canada is 'critical' for industry
By Nora Eckert DETROIT, Jan 13 (Reuters) - Ford F.N CEO Jim Farley said a North American free trade deal is needed for the automaker and industry, hours after U.S. President Trump called it "irrelevant.""We really see Canada and Mexico and the U.S. as an integrated manufacturing syste...Reuters
Wed, Jan 14
Tesla agrees to mediation that could resolve US agency's racism lawsuit
By Jonathan Stempel Jan 13 (Reuters) - Tesla TSLA.O agreed to enter mediation that could resolve the U.S. Equal Employment Opportunity Commission's lawsuit accusing Elon Musk's electric car maker of tolerating severe and widespread harassment of Black employees at its Fremont, California,...Reuters
Wed, Jan 14
