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Trump, facing headwinds at home and abroad, to address State of the Union
Trump to speak about Iran conflict and tout peace dealsPresident will argue Supreme Court erred on tariffsHis approval ratings dip over cost-of-living concernsBy Nandita Bose, Bo Erickson and Joseph Ax WASHINGTON, Feb 24 (Reuters) - U.S. President Donald Trump will deliver the traditional State o...
Reuters
30 minutes ago
FACTBOX-A year of upheaval sets the stage for Trump’s State of the Union address
By Trevor Hunnicutt WASHINGTON, Feb 24 (Reuters) - U.S. President Donald Trump will use his State of the Union address on Tuesday to sell his turbulent, norm-breaking second term to American voters who will decide in November whether his Republican Party retains control of Congress.Here is a list...
Reuters
30 minutes ago
Germany's once-vibrant auto heartland falls on hard times
Baden-Wuerttemberg faces economic challenges amid auto industry crisisRising insolvencies and unemployment signal distress in the regionEconomists urge infrastructure investment to revive sluggish economyBy Maria Martinez MOESSINGEN, Germany, Feb 24 (Reuters) - Dostech, a small supplier of sealan...
Reuters
30 minutes ago
Russia investigating Telegram founder Durov as part of criminal case, Rossiyskaya Gazeta reports
MOSCOW, Feb 24 - Russia is investigating Telegram founder Pavel Durov as part of a criminal case on the "facilitation of terrorist activities", state-run newspaper Rossiyskaya Gazeta reported, citing the Federal Security Service (FSB). Durov could not be immediately reached for comment on th...
Reuters
42 minutes ago
StanChart profit climbs but misses estimates, $1.5 billion buyback launched
Pretax profit climbs 16% to just under $7 billion Full-year dividend up 65%Succession plans in the spotlightBy Selena Li and Lawrence White HONG KONG/LONDON, Feb 24 (Reuters) - Standard Chartered STAN.L reported on Tuesday that full-year pretax profit rose 16% on robust performances from its glo...
Reuters
53 minutes ago
REFILE-Warner Bros to review new Paramount Skydance offer, still recommend Netflix deal, Variety reports
Feb 23 (Reuters) - Warner Bros Discovery WBD.O will likely take the new Paramount Skydance PSKY.O bid under review while still recommending the Netflix NFLX.O transaction that is up for a vote on March 20, Variety reported on Monday.Reuters could not immediately verify the report.
Reuters
an hour ago
Russia investigates Telegram founder Durov as part of criminal case, Rossiyskaya Gazeta reports
MOSCOW, Feb 24 - Russia is investigating Telegram founder Pavel Durov as part of a criminal case on the 'facilitation of terrorist activities', state-run newspaper Rossiyskaya Gazeta reported.Durov could not be immediately reached for comment on the report.
Reuters
an hour ago
Various foreign ministers condemn Israel over West Bank moves, statement says
ISTANBUL, Feb 24 (Reuters) - The foreign ministers of Brazil, France, Spain, Turkey and various other states condemned Israeli decisions that they said introduce sweeping extensions to unlawful Israeli control over the West Bank."Changes are wide-ranging, reclassifying Palestinian land as so-cal...
Reuters
an hour ago
ANALYSIS-Novo's stumbles burnish Lilly's widening lead in weight-loss drugs
By Maggie Fick and Bhanvi Satija LONDON, Feb 24 (Reuters) - With U.S. arch rival Eli Lilly LLY.N streaking away on weight-loss prescriptions and valuation, the last thing Novo Nordisk NOVOb.CO needed was to give it a helping hand. Then came the latest trial data for the Danish company's next-...
Reuters
2 hours ago
China imposes export controls on 20 Japanese entities to curb ‘remilitarisation’
BEIJING, Feb 24 (Reuters) - China has prohibited the export of dual-use items to 20 Japanese entities that it says supply Japan's military, the commerce ministry announced on Tuesday.The measure targets units of major Japanese industrial conglomerates such as Mitsubishi Heavy Industries' 701...
Reuters
2 hours ago
Warner Bros Likely To Take New Paramount Offer Under Review While Still Recommending Netflix Pact To Shareholders - Variety
Feb 23 (Reuters) - WARNER BROS. DISCOVERY LIKELY TO TAKE NEW PARAMOUNT SKYDANCE OFFER UNDER REVIEW WHILE STILL RECOMMENDING NETFLIX PACT TO SHAREHOLDERS- VARIETYSource text: https://tinyurl.com/27kho69w
Reuters
2 hours ago
Japan seeks to minimise impact of new US tariffs, officials say
By Mariko Katsumura and Tamiyuki Kihara TOKYO, Feb 24 (Reuters) - Japan could be subject to higher tariffs if the U.S. moves forward with a new regime of import duties, but Tokyo has requested that its treatment be as favourable as an agreement reached by the two sides last year, Japanese offici...
Reuters
2 hours ago
Seven killed in air ambulance crash in India's Jharkhand state
NEW DELHI, Feb 24 (Reuters) - All seven people on board a Beechcraft air ambulance that crashed in the Indian state of Jharkhand on Monday were killed, officials said on Tuesday, including two crew members, the patient and his relatives.The Beechcraft C90 plane, operated by Redbird Airways, took off...
Reuters
2 hours ago
India File: Relief on US tariffs, for now
February 24 - By Ira Dugal, Editor Financial News, with global Reuters staff India’s trade equation with Washington has shifted again after the U.S. Supreme Court struck down Donald Trump's tariffs last week. The ruling offers New Delhi a breather, but also leaves it facing fresh uncertain...
Reuters
2 hours ago
StanChart full-year profit rises 16%, misses estimates
HONG KONG, Feb 24 (Reuters) - Standard Chartered STAN.L reported on Tuesday that full-year pretax profit climbed 16%, as robust global banking and strong wealth inflows boosted revenue at the emerging markets-focused lender.StanChart, which earns most of its revenue in Asia and Africa, reported pret...
Reuters
2 hours ago
Taiwan parliament to discuss stalled special defence budget next week
TAIPEI, Feb 24 (Reuters) - Taiwan's parliament will discuss late next week the government's stalled bill on a $40 billion special defence budget, which has been held up by opposition party objections attracting the concern of U.S. lawmakers.Taiwan President Lai Ching-te last year proposed th...
Reuters
2 hours ago
PRESS DIGEST-British Business - February 24
Feb 24 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times- Jose Alejandro Zamora Yrala, director of a London-based airline parts company AOG Technics, who used forged docume...
Reuters
3 hours ago
Meta executive warned Facebook Messenger encryption plan was 'so irresponsible', shows court filing
Meta execs feared encryption would hinder child exploitation reportingMeta's safety and policy execs expressed dismay over encryption planCompany says worked on safety features before launching encryption in 2023By Katie Paul and Jeff Horwitz NEW YORK/SAN FRANCISCO, Feb 23 (Reuters) - Meta ME...
Reuters
3 hours ago
Canada plans to assist Cuba while Washington squeezes the island
By Kanishka Singh Feb 23 (Reuters) - Canada said on Monday it plans to provide assistance to Cuba while the island grapples with fuel shortages after Washington moved to choke off Cuba's oil supplies.Washington has escalated a pressure campaign against the Communist-run island and long-time U...
Reuters
3 hours ago
Pfizer in diabetes drug deal with Sciwind Biosciences
SHANGHAI, Feb 24 (Reuters) - Pfizer PFE.N has entered an agreement to license Sciwind Biosciences' type 2 diabetes treatment ecnoglutide, with potential payments of up to $495 million if milestones are met, the Chinese drugmaker said on Tuesday.The deal represents "an important first step to...
Reuters
3 hours ago
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