LONDON (Reuters) – Prime Minister Rishi Sunak will on Saturday meet leaders of England’s health service, as it faces one of its toughest ever winters as flu and COVID-19 spread amid strike action by frontline staff who say high inflation has eroded their salaries. Ambulances have been queuing outside hospitals, facing long waits to hand …
UK PM Sunak to meet health service leaders as crisis drags on Read More »
(Reuters) -Macy’s Inc said on Friday it expects fourth-quarter sales to come in at the lower end of its forecast, blaming a deeper-than-expected lull in shopping between the season’s major holidays. Shares of the department store chain fell 4.2% in extended trading as it also warned that consumer spending would remain under pressure in 2023, …
Macy’s tempers holiday sales view, warns of more inflation pain ahead Read More »
By Gram Slattery and Moira Warburton WASHINGTON (Reuters) – Republican Kevin McCarthy got a significant boost in his quest to become speaker of the U.S. House of Representatives after 15 hardline Republicans who opposed him flipped their votes on Friday, citing a deal on changes in House rules. Here are the most prominent detractors and …
Factbox-Who are the hardline U.S. House Republicans voting for and against McCarthy? Read More »
By Jonathan Stempel NEW YORK (Reuters) -An Italian man pleaded guilty on Friday in New York to impersonating editors and agents in order to steal more than 1,000 unpublished book manuscripts belonging to authors like Margaret Atwood and the actor Ethan Hawke. Filippo Bernardini, 30, a London resident who had been employed there by Simon …
Italian man accused of stealing unpublished books pleads guilty in New York Read More »
By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said Thursday it had named 24 experts to review Boeing’s safety management processes and how they influence Boeing’s safety culture after two fatal 737 MAX crashes killed 346 people. The panel, which was required by Congress under a 2020 law to reform how the …
U.S. FAA names experts to review Boeing safety culture after fatal crashes Read More »
By James Pearson and Christopher Bing LONDON/WASHINGTON (Reuters) – A Russian hacking team known as Cold River targeted three nuclear research laboratories in the United States this past summer, according to internet records reviewed by Reuters and five cyber security experts. Between August and September, as President Vladimir Putin indicated Russia would be willing to …
Exclusive-Russian hackers targeted U.S. nuclear scientists Read More »
By Koh Gui Qing NEW YORK (Reuters) -Wall Street sparked a global rally in stocks on Friday after a crucial U.S. jobs report showed wage growth slowed in December, fuelling investor bets that inflation is easing and that the Federal Reserve need not be as aggressive as some feared. Friday’s data showed the U.S. economy …
World stocks soar, investors pare rate bets after US jobs data Read More »
(Reuters) – Phillips 66 said on Friday it acquired all publicly held units of DCP Midstream LP in a sweetened deal that values the pipeline operator at about $8.7 billion and will help bulk up the U.S. refiner’s natural gas liquids business. The deal, the first major move by Mark Lashier who took over as …
Phillips 66 buys public units of pipeline operator DCP Midstream for $3.8 billion Read More »
LONDON (Reuters) – Britain’s wind farms contributed a record 26.8% of the country’s electricity in 2022 although gas-fired power plants remained the biggest source of power, National Grid data showed on Friday. Britain has a target to reach net zero emissions by 2050 which will require a huge scale-up of renewable power generation such as …
Britain produced record amount of wind power in 2022 –National Grid Read More »
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Fresh off their most profitable year ever, short sellers targeting Tesla Inc’s stock are heaping more pressure on the electric vehicle maker led by Elon Musk. Traders who aim to profit by selling borrowed shares and hoping to buy them back later at a lower price have …
Tesla short sellers pile on pressure after most profitable trade in 2022 Read More »
