More than 80 injured as Indian police clash with Adani port protesters

More than 80 injured as Indian police clash with Adani port protesters

KOCHI, India Nov 28 (Reuters) – More than 80 people were wounded in southern India as villagers halting the construction of a $900 million port clashed with police, the latest escalation of a months-old protest waged by a mostly Christian fishing community against Asia’s richest man. The protests are a major headache for Gautam Adani’s … Read more

Nearly half of Meta job cuts were in tech, reorg underway – execs say

Nearly half of Meta job cuts were in tech, reorg underway - execs say

OAKLAND, Calif., Nov 11 (Reuters) – Facebook owner Meta Platforms (META.O) employees told on Friday that it would stop developing smart displays and smartwatches and that nearly half of the 11,000 jobs it eliminated this week in an unprecedented cost-cutting move were technology roles. Speaking during an employee townhall meeting heard by Reuters, Meta executives … Read more

Xi opposing nuclear weapons in Ukraine was reason enough to visit China, Scholz says

Xi opposing nuclear weapons in Ukraine was reason enough to visit China, Scholz says

Must prepare for scenario where ties with China sour Comments come day after Scholz trip to Beijing Tells German CEOs to diversify away from China BERLIN, Nov 5 (Reuters) – German Chancellor Olaf Scholz, who was heavily criticized for a trip to Beijing this week, said on Saturday his and Chinese President Xi Jinping’s joint … Read more

Buffett’s Berkshire loses money as stocks, Hurricane Ian offset rising demand

Buffett's Berkshire loses money as stocks, Hurricane Ian offset rising demand

Nov 5 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) on Saturday posted a $2.69 billion third-quarter loss as rising inflation, falling stock investments and a big loss from Hurricane Ian offset improvement in many of the conglomerate’s businesses. Operating profit nevertheless rose by 20%, topping analyst forecasts. Berkshire benefited from increased demand and prices … Read more

Parties to war in Ethiopia’s Tigray region agree to stop fighting

Parties to war in Ethiopia's Tigray region agree to stop fighting

Two-year war has killed thousands, displaced millions Ethiopian government, Tigray forces agree truce Breakthrough comes just a week into talks in S.Africa PRETORIA, Nov 2 (Reuters) – The Ethiopian government and regional forces from Tigray agreed on Wednesday to cease hostilities, a dramatic diplomatic breakthrough two years into a war that has killed thousands, displaced … Read more

Ukraine’s Zelenskiy says first grain ship ‘nothing’, economy in coma

Ukraine's Zelenskiy says first grain ship 'nothing', economy in coma

Grain-carrying ship from Ukraine inspected in Turkey Ship, headed for Lebanon, transits Bosphorus Shipment is first of kind to leave Ukraine in wartime But Ukrainian leader says much more is needed Kyiv urgently needs to ship 10 mln tons to cut deficit KYIV/ISTANBUL, Aug 3 (Reuters) – Ukrainian President Volodymr Zelenskiy dismissed the importance of … Read more

U.S. targets Chinese, UAE firms in new Iran oil sanctions

U.S. targets Chinese, UAE firms in new Iran oil sanctions

Model of petrol pump is seen in front of US and Iran flag colors in this illustration taken March 25, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 2 (Reuters) – The United States on Monday imposed sanctions on Chinese and other firms it said helped to sell tens … Read more

Exclusive: Hyundai subsidiary has used child labor at Alabama factory

Exclusive: Hyundai subsidiary has used child labor at Alabama factory

LUVERNE, Alabama, July 22 (Reuters) – A subsidiary of Hyundai Motor Co has used child labor at a plant that supplies parts for the Korean carmaker’s assembly line in nearby Montgomery, Alabama, according to area police, the family of three underage workers, and eight former and current employees of the factory. Underage workers, in some … Read more

Militants attack Mali’s main military base, situation ‘under control’

Militants attack Mali's main military base, situation 'under control'

KATI, Mali, July 22 (Reuters) – Islamist militants struck Mali’s main military base, just outside the capital Bamako, on Friday in a complex attack involving car bombs, but the armed forces said they had repelled the assault and had the situation under control . Militants linked to al Qaeda and Islamic State have repeatedly raided … Read more

Ford announces series of deals to accelerate EV push

Ford announces series of deals to accelerate EV push

Ford CEO Jim Farley attends the official launch of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan, US April 26, 2022. REUTERS/Rebecca Cook/File Photo Register now for FREE unlimited access to Reuters.com Register DETROIT, July 21 (Reuters) – Ford Motor Co. (FN) on Thursday announced … Read more