News
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World Economic Forum investigates its CEO over Epstein links
By John RevillZURICH, Feb 5 (Reuters) - The World Economic Forum has launched an independent investigation into its CEO Borge Brende to clarify his relationship with sex offender Jeffrey Epstein, the organisation said on Thursday.The Geneva-based organiser of the Davos summit said it was looking int...Reuters
Thu, Feb 5
Anthropic releases AI upgrade as market punishes software stocks
Anthropic's Claude Opus 4.6 handles bigger prompts than Opus 4.5AI advancements trigger selloff in traditional software stocksIndustry leaders argue AI won't crush older software companiesBy Jeffrey Dastin SAN FRANCISCO, Feb 5 (Reuters) - Technology startup Anthropic on Thursday launched ...Reuters
Thu, Feb 5
Novo Nordisk CEO says Hims $49 compounded Wegovy pill a 'waste' of money
US-based Hims and Hers to launch cut-price copy of WegovyNovo Nordisk shares drop 8% on the newsNovo CEO says body can't properly absorb the Wegovy copyHim and Hers says its technology supports absorptionBy Maggie Fick LONDON, Feb 5 (Reuters) - Novo Nordisk NOVOb.CO CEO Mike Doustdar was in a...Reuters
Thu, Feb 5
Olympics-Biathlon-300 million fans in our sights, says biathlon chief ahead of Milano Cortina Games
Biathlon aims for 300 million fans during 2026 Winter GamesAudiences growing in France, Finland, Poland, Italy, and the USUS biathlete Campbell Wright seen as potential Olympic medallistBy Philip O'ConnorANTERSELVA, ITALY, Feb 5 (Reuters) - The sport of biathlon is experiencing a surge of popula...Reuters
Thu, Feb 5
SelectQuote slides after lowering FY26 guidance
Shares of insurance comparison platform SelectQuote SLQT.N fall 23% to $1.1Co now expects FY26 revenue between $1.61 billion and $1.71 billion from a prior range of $1.65 billion to $1.75 billionCo says fiscal 2026 guidance impacted by a national carrier's decision to limit Medicare Advantage po...Reuters
Thu, Feb 5
Lesotho and its textile workers hope African duty-free deal extension heralds US trade revival
AGOA extension ends months of uncertainty for Lesotho garment industryLesotho's Trade Minister seeks long-term U.S. trade dealLesotho hit with 15% tariffs under TrumpBy Marafaele Mohloboli Feb 5 (Reuters) - Since she was laid off in October, after Lesotho lost tariff-free access to its vital ...Reuters
Thu, Feb 5
Pirelli board rejects Sinochem's spin-off plan to end dispute over governance
ROME, Feb 5 (Reuters) - The board of Italian tyremaker Pirelli PIRC.MI opposes any spin off of its cyber tyre activities, the company said on Thursday, reacting to a plan put forward by Chinese shareholder Sinochem 600500.SS to settle a governance dispute. Directors are against "any project or i...Reuters
Thu, Feb 5
INSIGHT-Saudi Arabia deploys cash and clout in Yemen after ousting UAE
Riyadh budgets at least $3bln for Yemen as it picks up UAE tab, sources saySaudi hopes cash, political incentives will unify ranks against Houthis: sourcesAnalysts say war economy that pays fighters more than teachers will take years to unravelBy Timour Azhari MUKALLA, Yemen/RIYADH - After pushin...Reuters
Thu, Feb 5
Verizon consumer division head departing as company mounts turnaround effort
By David ShepardsonWASHINGTON, Feb 5 (Reuters) - Verizon VZ.N on Thursday said its consumer division chief Sowmyanarayan Sampath is stepping down, as the U.S. wireless carrier mounts a turnaround effort under its new CEO Dan Schulman.Sampath had headed the consumer unit since March 2023 and will rem...Reuters
Thu, Feb 5
Olympics-No credible threats to Milano Cortina Games, U.S. security official says
By Rory Carroll MILAN, Feb 5 (Reuters) - There are no credible security threats to the Milano Cortina Games, a top U.S. security official told Reuters in Milan on the eve of the opening ceremony for the Winter Olympics. "Right now we are not tracking any credible threats," Tim Ayers, dire...Reuters
Thu, Feb 5
US House panel issue subpoena to Coupang as part of discrimination probe
Feb 5 (Reuters) - The House Judiciary Committee on Thursday issued a subpoena to Coupang CPNG.N as part of its ongoing probe into alleged discrimination against U.S. companies, seeking communications between the e-commerce firm and the South Korean government.The panel also called on the company to ...Reuters
Thu, Feb 5
Senators ask US to disclose if FAA administrator sold stake in airline
Senators question FAA head's compliance with ethics agreementBedford's Republic shares could yield millions post-merger, letter saysFAA to respond to senators; DOT silent on requestBy David Shepardson WASHINGTON, Feb 5 (Reuters) - Three Democratic U.S. senators on Thursday asked the Trans...Reuters
Thu, Feb 5
BREAKINGVIEWS-US minerals push strains against anti-green pull
By Gabriel Rubin WASHINGTON, Feb 5 (Reuters Breakingviews) - The Trump administration’s plan to rival China in producing critical minerals started with a curious first step: destroy demand. Now, as it tries to encourage investments in home-spun metals and rocks, the White House is pushing a $12 b...Reuters
Thu, Feb 5
Trump defends Noem, Gabbard and Bondi at National Prayer Breakfast
Trump pushes law-and-order themes, praises US military mightRejects calls to fire Noem over Minneapolis killingsSays he is unsure if he is 'pure in heart'By Nandita Bose and Steve HollandWASHINGTON, Feb 5 (Reuters) - President Donald Trump defended three members of his cabinet whose actions ...Reuters
Thu, Feb 5
Elton John's husband accuses Daily Mail of homophobia in UK privacy trial
Furnish says publisher unlawfully obtained informationAssociated says its stories were based on sourcesPrince Harry, Doreen Lawrence among other claimantsBy Sam Tobin LONDON, Feb 5 (Reuters) - British singer Elton John's husband, David Furnish, on Thursday told London's High Court that th...Reuters
Thu, Feb 5
