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 2022-08-12 10:57 

Reuters

Chef Andres urges unity on Ukraine food aid ahead of harsh winter...

Jose Andres, whose World Central Kitchen group has served more than 130 million meals in Ukraine since Russia's invasion in February, called for better coordination of food relief efforts in the country ahead of what promises to be a brutal winter....

 2022-08-12 10:56 

UPI

[ Business ]

South Korea pardons billionaire Samsung head Lee Jae-yong to aid economy...

The South Korean government will grant a special presidential pardon to Lee Jae-yong, the de facto leader of Samsung, it announced Friday in a move that officials said was intended to help spur the economy....

 2022-08-12 10:56 

UPI

South Korea pardons billionaire Samsung head Lee Jae-yong to aid economy...

The South Korean government will grant a special presidential pardon to Lee Jae-yong, the de facto leader of Samsung, it announced Friday in a move that officials said was intended to help spur the economy....

 2022-08-12 10:56 

Reuters

Pearson to sell S.African courseware business to Novus for $64 mln...

Education group Pearson said on Friday it will sell 75% of its South African courseware publishing business to print production firm Novus Holdings for 53 million pounds ($64.30 million)....

 2022-08-12 10:49 

Reuters

U.N. humanitarian agencies face record funding gap this year...

U.N. humanitarian projects face a record funding gap this year, with only a third of the required $48.7 billion secured so far as global needs outpace pledges, a spokesman for the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) s...

 2022-08-12 10:47 

Reuters

'Line through our hearts': A Kashmir village, 75 years after partition...

A roaring Himalayan river and one of the world's most militarised borders separate the Khokhar family in Kashmir, a mountainous region divided between India and Pakistan - arch rivals that gained independence from Britain 75 years ago....

 2022-08-12 10:43 

Reuters

Public buildings in Germany to be heated to 19 Celsius - econ minister...

Public buildings in Germany should be heated to a maximum of 19 degrees Celsius (66.2F) under planned legislation to save energy, the Sueddeutsche Zeitung quoted the economy minister as saying on Friday....

 2022-08-12 10:28 

Reuters

Sadr followers hold mass prayer outside Iraqi parliament in show of force...

Thousands of followers of Moqtada al-Sadr held a mass prayer outside parliament in Baghdad on Friday in a show of support for the powerful Shi'ite cleric who has called for Iraq's judiciary to dissolve parliament by the end of next week....

 2022-08-12 10:27 

Reuters

Germany's EnBW takes $561 mln hit due to Russian gas supply cuts...

German utility EnBW said reduced Russian gas flows dealt a 545 million euro ($561 million) hit to its first-half core profit, as it was forced to buy gas at much higher prices from alternative sources....

 2022-08-12 10:22 

Reuters

In the heart of coal country, U.S. climate bill could push up green shoots...

In West Virginia, a solar field could soon rise atop an abandoned coal mine, and factories will soon be churning out batteries and electric school buses. The ambitious U.S. climate bill could push up more of these green shoots, but analysts say King Coal ...

 2022-08-12 10:21 

Reuters

Jenner & Block recruits U.S. House lawyer who defended Jan. 6 committee...

Jenner & Block said Friday it is hiring a former House of Representatives lawyer in Washington, D.C., who defended the congressional committee investigating the Jan. 6 storming of the U.S. Capitol by former President Donald Trump's supporters....

 2022-08-12 10:21 

Reuters

China regulator says Alibaba, Tencent have submitted app algorithm details...

China's top internet watchdog said on Friday tech giants such as Tencent Holdings and Alibaba Group have submitted details of algorithms used in some of their products, complying with a drive by authorities to tighten oversight of platform algorithms....

 2022-08-12 10:18 

Reuters

U.S. move to negotiate drug prices a rare defeat for Big Pharma...

Big Pharma spent more than any other industry to lobby Congress and federal agencies this year, a Reuters analysis shows, but is still on course for a major defeat by failing to stop a bill that allows the government to negotiate prices on select drugs....

 2022-08-12 10:16 

Reuters

U.S. House set to give Biden new win with $430 bln bill on climate, drug prices...

The U.S. House of Representatives will vote Friday on a $430 billion bill to fight climate change and lower prescription drug prices, in what Democrats view as a major political win for President Joe Biden ahead of November's midterm elections....

 2022-08-12 10:15 

Reuters

Richemont's governance armour is hard to pierce...

Bluebell Capital's campaign for corporate governance changes at Richemont looks like an uphill struggle. Under pressure from the activist investor, the $63 billion Cartier owner will allow listed A shareholders to designate a board representative at a...

 2022-08-12 10:12 

Reuters

Rogers, Shaw sign agreement to sell Freedom Mobile to Quebecor...

Rogers Communications Inc and Shaw Communications Inc have signed a deal to sell the former's division Freedom Mobile to Videotron Ltd, a subsidiary of Quebecor , the companies said on Friday....

 2022-08-12 10:09 

Reuters

Pound tumbles after data shows British economy contracted in June...

Sterling slid against a firming dollar on Friday and also lost ground on the euro as data showed Britain's economy contracted in June, even if not by as much as had been feared....

 2022-08-12 10:06 

Reuters

Mercedes Benz becomes first partner of CATL's new Hungary battery plant...

Mercedes-Benzis the first carmaker to receive cells from a new 7.34 billion euro ($7.56 billion) battery factoryChina's CATL plans to build in Hungary, it said on Friday, adding this marked the highest initial order volume for the site....

 2022-08-12 10:04 

Reuters

New York gun bans alarm residents of upstate bear country...

Gunfire has long echoed in New York's Adirondack Mountains. Children blast skeet from the sky after school and parents mingle and compete at the shooting range. In the fall, hunters in fluorescent orange fan through the forests, stalking deer....

 2022-08-12 10:01 

Reuters

Liverpool will only sign the 'right' players despite injuries, says Klopp...

Liverpool manager Juergen Klopp said on Friday that a mounting injury list at the club was a concern but that he would not splurge in the transfer market just for the sake of strengthening his squad....

 2022-08-12 09:57 

Reuters

Russia says U.S.-made radar system destroyed, HIMARS missiles downed...

Russia's Defence Ministry said on Friday that it had destroyed a U.S.-made AN/MPQ-64 radar system in Ukraine's Donetsk region....

 2022-08-12 09:57 

Reuters

With Alibaba stake cut, SoftBank's Son cools toward China tech...

SoftBank Group Corp's decision to sell down its Alibaba Group Holding , stake for a $34 billion gain may be aimed at shoring up cash reserves, but it also underlines how CEO Masayoshi Son has cooled on China tech....

 2022-08-12 09:56 

Reuters

Iran says EU proposal to revive nuclear talks could be 'acceptable'...

A European Union proposal to revive talks to salvage the 2015 Iran nuclear deal "can be acceptable if it provides assurances" on Tehran's key demands, the state news agency IRNA said on Friday, quoting a senior Iranian diplomat....

 2022-08-12 09:55 

Reuters

Uganda central bank raises lending rate again to 9.0%...

Uganda's central bank raised its main lending rate by another 50 basis points to 9.0% in a decision announced on Friday....

 2022-08-12 09:51 

Reuters

Boat capsizes crossing river in northern India, three killed, 17 missing...

An overloaded boat carrying dozens of passengers capsized in northern India, killing three people, including one child, while another 17 were missing and feared dead, a senior police official in Uttar Pradesh state said on Friday....

 2022-08-12 09:49 

Reuters

[ Business ]

China's CATL to build new $7.56 bln battery plant in Hungary | Reuters...

Chinese battery giant Contemporary Amperex Technology Co Ltd (CATL) said on Friday that it plans to invest in a new battery plant in Hungary that will cost up to 7.34 billion euros ($7.56 billion)....

 2022-08-12 09:48 

Reuters

Several Chinese state-owned companies to delist from NYSE...

Several Chinese state-owned companies including China Life Insurance and Aluminum Corporation of China , announced plans on Friday to voluntarily delist from the U.S. stock market....

 2022-08-12 09:46 

Reuters

Germany's BaFin calls on Allianz to improve controls - WirtschaftsWoche...

Germany's financial watchdog BaFin has called on Allianz to improve its internal controls following fraud at its U.S. funds unit, WirtschaftsWoche reported on Friday....

 2022-08-12 09:38 

Reuters

[ World ]

Unfazed by 80% inflation, Turkish cenbank to keep rates at 14% again | Reuters...

Turkey's central bank is expected to hold its policy rate unchanged at 14% for an eighth meeting next week, a Reuters poll showed on Friday, in the face of a global tightening cycle and rampant inflation at nearly 80% that shows no signs of falling....

 2022-08-12 09:38 

Reuters

[ World ]

Exclusive: Europe eyes SpaceX to fill launch void left by Russian tensions | Reuters...

The European Space Agency (ESA) has begun preliminary technical discussions with Elon Musk's SpaceX that could lead to the temporary use of its launchers after the Ukraine conflict blocked Western access to Russia's Soyuz rockets....

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