News
Important Only
German economy minister: US waiver on Russian oil driven by domestic pressure
BERLIN, March 13 (Reuters) - German Economy Minister Katherina Reiche said on Friday that she saw both sides to the United States' decision to issue a 30-day waiver for the purchase of Russian oil products."It seems to me that domestic political pressure in the United States is very, very hi...Reuters
10 minutes ago
Turkey says NATO defences intercepted third missile from Iran, asks Tehran to clarify
ANKARA, March 13 (Reuters) - Turkey's defence ministry said on Friday that NATO air defences stationed in the eastern Mediterranean had intercepted a third ballistic missile fired from Iran toward Turkey, adding that it was asking Iran for an explanation.Reuters
11 minutes ago
Are bonobos truly the peaceful counterparts to chimps? New study says no
Behavior of 101 chimps and 88 bonobos is observed in zoosNo difference is seen in amount of aggressive behaviorFemale bonobos seen as more aggressive than female chimpsBonobo groups are matriarchal while chimps are patriarchal By Will Dunham WASHINGTON, March 13 (Reuters) - Bonobos for years have...Reuters
12 minutes ago
FOCUS-Credit-card cash reshapes US airline loyalty — and profit
Airlines rewrite loyalty programs to favor credit-card spendingBanks pay billions for airline miles, helping steady earningsPolitical and regulatory pressures pose risks to the loyalty modelBy Rajesh Kumar Singh CHICAGO, March 13 (Reuters) - For years, the fortunes of U.S. airlines have been dict...Reuters
12 minutes ago
ANALYSIS-New Target CEO slashes prices. Previous cuts offered short-lived sales boost.
Target's new CEO cuts prices to boost sales amid competitionFiddelke's growth strategy includes $6 billion budget, AI focusTarget's turnaround efforts face challenges, gradual results expectedBy Savyata Mishra March 13 (Reuters) - In his first big move since taking over as Target'...Reuters
12 minutes ago
Backlash to Trump immigration policies fuels Illinois Senate primary
Illinois primary focuses on opposition to Trump's immigration policiesKrishnamoorthi leads in polls, fundraising; Stratton gains supportCandidates criticize ICE, DHS; call for agency reforms, accountabilityBy Emily Schmall CHICAGO, March 13 (Reuters) - The leading three Democratic contend...Reuters
12 minutes ago
How an obscure banker slipped into Brazil’s political inner circle, triggering a scandal
Banker Daniel Vorcaro's influence risks exposing top power brokers in an election yearHe spent millions on luxury events to cement his access to power, documents showHe hired the wife of a powerful justice and met with the presidentBy Lisandra Paraguassu and Ricardo Brito BRASILIA, March 13 (...Reuters
12 minutes ago
Starbucks may be neglecting labor dispute risks, shareholder proxy firms warn
ISS and Glass Lewis warn of labor dispute risksStarbucks dissolves labor oversight committee, three years after creating it amid shareholder pressureUnion representation at 6% of US Starbucks stores, company saysBy Waylon Cunningham NEW YORK, March 13 (Reuters) - Starbucks SBUX.O may be neglectin...Reuters
12 minutes ago
PREVIEW-Nvidia to focus on competition-beating AI advances at megaconference
Nvidia faces growing competition from customers like OpenAI and MetaNvidia expected to reveal new products from $17 billion Groq dealNvidia's AI strategy focuses on inference and 'agentic AI' advancementsNvidia's CPU-focused servers address 'agent orchestration' bottleneckBy ...Reuters
12 minutes ago
Russia says it doesn't see Iran crisis reducing US interest in Ukraine peace talks
MOSCOW, March 13 (Reuters) - Russia is not concerned at this point that the Iran crisis will reduce U.S. interest in mediating peace talks on Ukraine, Kremlin spokesman Dmitry Peskov said on Friday."No, there are no such concerns at this time; our contacts with our American counterparts provide ...Reuters
12 minutes ago
Delivery Hero investor Aspex calls on CEO to step up turnaround or face ouster
Aspex threatens to push for leadership change Aspex questions Delivery Hero's ownership of certain businessesAspex calls for sharper focus on shareholder valueBy Christoph Steitz and Alexander Hübner FRANKFURT/MUNICH, March 13 (Reuters) - A top Delivery Hero DHER.DE shareholder has threatened...Reuters
12 minutes ago
Ferretti adviser calls KKCG's stake-raise offer unattractive
March 13 (Reuters) - Italian yacht maker Ferretti YACHT.MI on Friday said an independent financial adviser has called Czech investment group KKCG's offer to double its stake in the firm "not attractive." In a statement, Ferretti said the independent board committee reviewing the bid agre...Reuters
15 minutes ago
Four US service members killed in plane crash over Iraq
WASHINGTON, March 13 (Reuters) - Four of the six crew members aboard a U.S. military aircraft that crashed in western Iraq are confirmed to have been killed, the U.S. military said on Friday, as rescue efforts continued for the remaining two.A U.S. military refueling aircraft crashed in western Iraq...Reuters
15 minutes ago
MUFG to monitor liquidity impact of new loans amid Japan's US investment push
By Anton Bridge and Miho Uranaka TOKYO, March 13 (Reuters) - Mitsubishi UFJ Financial Group 8306.T will closely monitor liquidity when issuing loans, an executive said, as Japanese banks prepare to potentially back projects under the country's $550 billion investment package in the United Sta...Reuters
16 minutes ago
SPECIAL REPORT-Quest to identify the artist Banksy uncovers much more than a name
Reuters search for Banksy began in a bombed-out village near Kyiv Clues include previously unreported confession signed by artistHow the painter's given name vanished from public viewWho was his masked painting partner in Ukraine?By Simon Gardner, James Pearson and Blake Morrison March 13 (Re...Reuters
17 minutes ago
For Banksy, a network of companies, secret auctions, and $250 million in secondary-market sales
Anonymous artist's network includes seven companies and two additional firmsBanksy conducts private sales for VIP collectors, generating millions directly, sources saySecret exhibition in Shoreditch featured unseen works, exclusive to invited collectorsAuthentication disputes limit resale value;...Reuters
17 minutes ago
ANALYSIS-Honda's $15.7 billion EV writedown is painful, but China challenges loom down the road
By Daniel Leussink TOKYO, March 13 (Reuters) - Honda's 7267.T $15.7 billion writedown of its electric vehicle business is not just a painful reversal of its strategy for the U.S.; it also highlights more challenges to come from China, where it faces a widening technological gap.On Thursday, J...Reuters
22 minutes ago
Didi reports Q4 loss of $43 mln amid overseas expansion push
BEIJING, March 13 (Reuters) - Didi Global reported on Friday a net loss for the fourth quarter, as China's largest ride-hailing platform ramped up its international expansion, boosting costs.The company, which dominates China's ride-hailing market and has expanded primarily in Latin America ...Reuters
25 minutes ago
Deals of the day-Mergers and acquisitions
March 13 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: Lyten has entered into a binding agreement to acquire Northvolt's former battery recycling site Revolt, the U.S. startup said, two weeks after it completed its purchase of bankru...Reuters
25 minutes ago
Four US service members killed in plane crash over Iraq
WASHINGTON, March 13 (Reuters) - Four of the six crew members aboard a U.S. military aircraft that crashed in western Iraq are confirmed to have been killed, the U.S. military said on Friday, as rescue efforts continued for the remaining two.A U.S. military refueling aircraft crashed in western Iraq...Reuters
29 minutes ago
