By Lauren Young This was originally published in the Reuters On the Money newsletter, where we share U.S. personal-finance tips and insights every other week. Sign up here to receive it for free. Inflation-weary Americans should see the cost of a classic Thanksgiving dinner gobble less of their paychecks this year. That is because we are buying…
(Reuters) – Adani Energy Solutions said on Saturday that Kenya’s cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock exchange rules as it was within its ordinary course of business. It said it was responding to a request for clarification from the Bombay Stock…
(Reuters) – Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed for Chapter 11 bankruptcy earlier this week, Britain’s Financial Times reported on Saturday. The Goldman private equity funds, which together ranked as the second-largest shareholders in Northvolt, plan to write down their $896 million investment…
WASHINGTON (Reuters) -U.S. President-elect Donald Trump is expected to pick Brooke Rollins (NYSE:ROL), president of the America First Policy Institute, to be agriculture secretary, the Wall Street Journal reported on Saturday. If confirmed, Rollins would lead a 100,000-person agency with offices in every county in the country, whose remit includes farm and nutrition programs, forestry,…
By Virginia Furness, Kate Abnett and Simon Jessop BAKU (Reuters) – Countries agreed a deal at the COP29 climate conference on Saturday on rules for a global market to buy and sell carbon credits that proponents say will mobilise billions of dollars into new projects to help fight global warming. The agreement, clinched roughly a…
BERLIN (Reuters) – Robert Bosch (NS:BOSH), the world’s largest car parts supplier, will reduce the working hours and pay of around 10,000 employees in Germany, going beyond previously announced reductions and in addition to thousands of job cuts announced on Friday. In the latest sign of the challenges facing Germany’s auto sector due to weak…
By Michele Kambas NICOSIA (Reuters) – European Union governments cannot pick and choose whether to execute arrest warrants issued by the International Criminal Court against two Israeli leaders and a Hamas commander, the EU’s foreign policy chief said on Saturday. The ICC issued the warrants on Thursday against Israeli Prime Minister Benjamin Netanyahu, his former…
By Anastasia Teterevleva and Maxim Rodionov MOSCOW (Reuters) -President Vladimir Putin said on Friday that Russia would keep testing its new Oreshnik hypersonic missile in combat and had a stock ready for use, while Ukraine said it was already at work to develop air systems to counter the weapon. Putin was speaking a day after…
By Nidal al-Mughrabi CAIRO (Reuters) – Israeli military strikes across the Gaza Strip have killed at least 120 Palestinians over the last 48 hours and hit a hospital on the northern edge of the enclave, wounding medical staff and damaging equipment, Palestinian medics said on Saturday. Among the dead were seven members of one family…
By James Davey and Muvija M LONDON (Reuters) – Struggling British supermarket Asda said on Saturday veteran retailer Allan Leighton would return as executive chairman, more than two decades after he served as CEO when he turned around the business before selling it to Walmart (NYSE:WMT). Britain’s third largest grocer, now majority owned by private…
