Sam Bankman-Fried says he ‘didn’t ever try to commit fraud’

Sam Bankman-Fried says he 'didn't ever try to commit fraud'

NEW YORK, Nov 30 (Reuters) – Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestions of fraud in his first public appearance since his company’s collapse stunned investors and left creditors facing losses totaling billions of dollars. Speaking via video link at the New York Times’ … Read more

Chevron can resume key role in Venezuela’s oil production, exports

Chevron can resume key role in Venezuela's oil production, exports

WASHINGTON/HOUSTON, Nov 26 (Reuters) – Chevron Corp on Saturday received a US license allowing the second-largest US oil company to expand its production in Venezuela and bring the South American country’s crude oil to the United States. The decision grants broader rights for the last big US oil company still operating in US-sanctioned Venezuela. However, … Read more

LATAM Airlines plane crashes on Peruvian runway, two firefighters dead

LATAM Airlines plane crashes on Peruvian runway, two firefighters dead

LIMA, Nov 18 (Reuters) – A LATAM Airlines (LTM.SN) jet collided with a firetruck on the runway as it was taking off from the airport in Peru’s capital Lima on Friday, resulting in the death of two firefighters, the carrier said. Peru’s health ministry said at 7 pm (0000 GMT) that 20 passengers were being … Read more

G20 summit deplores war in Ukraine ‘in strongest terms’

G20 summit deplores war in Ukraine 'in strongest terms'

G20 says ‘most members’ condemn war in Ukraine Threat of use of nuclear weapons ‘inadmissible’ -declaration Agreement to calibrate monetary tightening NUSA DUA, Indonesia, Nov 16 (Reuters) – Leaders of the Group of 20 (G20) nations deplored Russia’s aggression in Ukraine “in the strongest terms” on Wednesday and demanded its unconditional withdrawal in a declaration … Read more

Wrangling over Ukraine war dominates summit of G20 major economies

Wrangling over Ukraine war dominates summit of G20 major economies

Draft declaration: ‘Most’ G20 members condemn Ukraine war Ukraine’s Zelenskiy pushes his plan to end conflict Indonesia appeals for end to political polarization US President Biden skips gala dinner on island of Bali NUSA DUA, Indonesia, Nov 15 (Reuters) – A Western-led push to condemn Russia’s invasion of Ukraine dominated Tuesday’s Group of 20 summit … Read more

Biden, Xi clash over Taiwan, but military action seen as unlikely

Biden, Xi clash over Taiwan, but military action seen as unlikely

Biden, Xi hold 3-hour Bali meeting ahead of G20 Both leaders stress need to get ties back on track Russia rejects reports of foreign minister’s hospitalization Indonesia seeking concrete progress on global economy at G20 Ukraine’s Zelenskiy due to address G20 on Tuesday NUSA DUA, Indonesia, Nov 14 (Reuters) – US President Joe Biden said … Read more

Who is Viktor Bout, arms dealer linked to swap for Americans held by Moscow?

Who is Viktor Bout, arms dealer linked to swap for Americans held by Moscow?

Bout dubbed ‘the merchant of death’ and ‘sanctions buster’ Was among most wanted men in world before 2008 arrest Clients included rogue states, warlords in Asia, Africa Likely had ties to Russian intelligence, experts say Moscow has long sought his release from long US jail term LONDON, Aug 1 (Reuters) – The life of Viktor … 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

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