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Germany eases arms exports restrictions for Gulf states, Ukraine
BERLIN, March 20 (Reuters) - Germany has simplified the export of certain air and naval defence equipment to the Gulf states and Ukraine to ensure deliveries arrive rapidly, said the economy ministry on Friday. "Iran's indiscriminate attacks on the Gulf states have resulted in an urgent need...Reuters
8 minutes ago
US auto safety regulator closes defect petition on over 2 million Tesla vehicles
March 20 (Reuters) - The U.S. auto safety regulator on Friday rejected a petition seeking a sweeping recall of about 2.26 million Tesla TSLA.O vehicles, saying it had found no evidence of a safety-related defect. A petition in March 2023 alleged Tesla vehicles could increase the risk of pedal m...Reuters
9 minutes ago
Siemens Invests $165 Million In U.S.
March 20 (Reuters) - SIEMENS AG SIEGn.DE:SIEMENS INVESTS $165 MILLION TO EXPAND U.S. MANUFACTURING FOR AI INFRASTRUCTUREINVESTMENT WILL EXPAND SIEMENS’ MANUFACTURING FOOTPRINT ACROSS NORTH AND SOUTH CAROLINAFurther company coverage: [SIEGn.DE]Reuters
14 minutes ago
UAE says it dismantled 'terrorist network' funded by Iran, Hezbollah
Network involved in money laundering, terrorism financing, threatening UAE securityLebanon condemns plot, offers cooperationHezbollah denies separate Kuwait allegations, no comment on UAE incident March 20 (Reuters) - United Arab Emirates security authorities have dismantled a "terrorist netw...Reuters
15 minutes ago
Investors drive US money market fund assets to records as war-related risk fears multiply
Assets in money market funds reach $8 trillion amid Iran conflictInvestors seek safety in cash due to oil price surge and inflation fearsFinancial advisors warn against excessive risk aversion in money market fundsBy Suzanne McGee PROVIDENCE, RHODE ISLAND, March 20 (Reuters) - As the Iran conflic...Reuters
22 minutes ago
FOCUS-UBS wealth management outflows threaten US turnaround, analysts and sources say
Nearly 200 financial advisers left UBS, sources sayUBS targets 15% pre-tax margin in US wealth division, up from 13% last yearRBC and Wells Fargo hire top UBS financial adviser teamsBy Tatiana Bautzer and Nivedita Balu NEW YORK/ TORONTO, March 20 (Reuters) - Swiss bank UBS Group UBSG.S is facing ...Reuters
22 minutes ago
COLUMN-Epstein files upend lawsuit over stock options by longevity expert Peter Attia
By Jenna Greene March 20(Reuters) - Fallout from the Epstein files has surfaced in an unexpected forum: a dispute over stock options brought by longevity expert Peter Attia.Attia initially sued San Francisco-based Oura Ring and its Finnish parent in 2023, claiming the start-up had reneged on its ...Reuters
22 minutes ago
ANALYSIS-Wall Street banks with large trading units may be biggest winners under US capital plan
Draft rules reverse proposed capital hikes for big banksExcess capital may be returned through buybacks, lending'Cracks in coalition' of banks may appear, analyst says By Nivedita Balu and Pete Schroeder TORONTO/WASHINGTON, March 20 (Reuters) - While all Wall Street banks are winners...Reuters
22 minutes ago
EXCLUSIVE-Amazon plans smartphone comeback more than a decade after Fire Phone flop
Amazon's new phone project codenamed 'Transformer'Focus on AI integration, Alexa features, and mobile personalizationLed by Amazon's ZeroOne group, inspired by minimalist Light PhoneBy Greg Bensinger SAN FRANCISCO, March 20 (Reuters) - In 2014, Amazon AMZN.O introduced its first s...Reuters
22 minutes ago
Security concerns grow around World Cup in US after stalled funding
Delayed $625 million security funds cause preparation setbacksFIFA and US briefings warn of extremist threatsAlso flag possible unrest linked to immigration policiesFan Festival events pose additional security challengesBy Ted Hesson and Kristina Cooke WASHINGTON, March 20 (Reuters) - Intelligenc...Reuters
22 minutes ago
NHTSA Says It Denies, Closes A Defect Petition On 2,259,157 Tesla Vehicles In US
March 20 (Reuters) - NHTSA: DENIES, CLOSES A DEFECT PETITION ON 2,259,157 TESLA VEHICLES IN US OVER A DEFECT THAT CAN CAUSE DRIVER ERRORS IN FORM OF PEDAL MISAPPLICATIONSource text: https://tinyurl.com/2nazmk5jReuters
29 minutes ago
Trump mulls Kharg Island takeover to force Iran to open Hormuz Strait, Axios reports
March 20 (Reuters) - The Trump administration is considering plans to occupy or blockade Iran's Kharg Island to pressure Iran to reopen the Strait of Hormuz, Axios reported on Friday, citing four sources with knowledge of the issue.Reuters
30 minutes ago
Chad plans to send 800 security personnel to Haiti, official says
N'DJAMENA, March 20 (Reuters) - Chad intends to deploy 800 police officers and gendarmes to Haiti this year to participate in an international force to help Haiti's police fight powerful armed gangs, a senior Chadian police official told Reuters.The Chadian forces are expected to arrive by J...Reuters
35 minutes ago
Croatia's Janaf to continue oil supplies to Serbia's NIS oil refinery
March 20 (Reuters) - Croatian oil pipeline operator Janaf JANF.ZA will continue oil supplies to Serbia's Russian-owned NIS NIIS.BEL oil refinery, it said on Friday, after it secured another licence from the U.S. Treasury Department.Reuters
45 minutes ago
EXPLAINER-Why is Unilever looking to sell its food business?
By Richa Naidu LONDON, March 20 (Reuters) - Unilever ULVR.L is in talks with McCormick & Company MKC.N about selling its foods business, in a potential deal that would bring together the British company's Hellmann's and Knorr brands with McCormick's Cholula hot sauce.Such a move w...Reuters
48 minutes ago
FCA Orders Beauforce Corporation To Stop Operating And Return Client Money
March 20 (Reuters) - FCA: FCA: FCA ORDERS BEAUFORCE CORPORATION TO STOP OPERATING AND RETURN CLIENT MONEYFCA: FOUND NUMBER OF AREAS OF CONCERN ABOUT BEAUFORCE CORPORATION OPERATIONS, INCLUDING SENIOR MANAGER SUITABILITY, FAILURE TO DISCLOSE INFORMATIONReuters
49 minutes ago
