Author Archives: Syndicated Content
Data storage in spotlight of Italian security committee after Intesa breach
By Giuseppe Fonte ROME (Reuters) - Italy's influential parliamentary committee on security will hold a round of hearings on data storage following a major breach at the country's biggest bank Intesa S...
Oct 22, 2024
Four children among 18 killed after Israeli strike near Beirut hospital, ministry says
BEIRUT (Reuters) - At least 18 people were killed, including four children, and 60 were wounded in an Israeli strike on Monday near Beirut's main government hospital, the health ministry said on Tuesd...
Oct 22, 2024
Yellen says US to unveil new sanctions on Russian
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said on Tuesday that the U.S. will unveil strong new sanctions aimed at curbing Russia's Ukraine war efforts, including "intermediaries in t...
Oct 22, 2024
Ukraine's prosecutor general Andriy Kostin resigns amid draft-dodging scandal
(Reuters) - Ukraine's prosecutor general, Andriy Kostin, said on Tuesday he had resigned, in the wake of a domestic scandal where dozens of officials are alleged to have abused their position to recei...
Oct 22, 2024
Starboard Value CEO says Pfizer's board should hold management accountable
By Michael Erman and Svea Herbst-Bayliss NEW YORK (Reuters) - Activist hedge fund Starboard Value's chief investment officer Jeffrey Smith said on Tuesday that drugmaker Pfizer Inc's board needs to ho...
Oct 22, 2024
Amazon sets ultra-low pricing plans for Temu rival store, The Information reports
(Reuters) - Amazon.com is imposing severe price caps on what merchants can charge for their products on a new low-cost storefront that the e-commerce giant is preparing to launch, the Information repo...
Oct 22, 2024
Global markets might be underestimating geopolitical risks, IMF says
By Pete Schroeder WASHINGTON (Reuters) - Near-term global financial risks are contained, but monetary policy easing could fuel asset price bubbles and markets might be underestimating risks posed by m...
Oct 22, 2024
ECB's rate cut direction clear, pace up for debate, Lagarde says
WASHINGTON (Reuters) -Euro zone inflation is easing and may fall back to 2% quicker than previously thought, supporting the case for further European Central Bank rate cuts, ECB President Christine La...
Oct 22, 2024
Peloton to sell high-end exercise bikes at certain Costco stores
(Reuters) - Peloton plans to sell its high-end exercise bikes at some of Costco's U.S. stores and on the retailer's website between Nov. 1 and Feb. 15, the companies said on Tuesday. Peloton's Bike+ w...
Oct 22, 2024
Bangladesh announces policy rate rise to combat inflation
By Ruma Paul DHAKA (Reuters) - Bangladesh's central bank said on Tuesday it would raise its key interest rate by half a percentage point, its fourth hike this year as it battles stubbornly high inflat...
Oct 22, 2024
