Author Archives: Syndicated Content

SANTIAGO (Reuters) - Chilean telecommunications firm Entel plans to invest $618 million this year, the company said on Tuesday, slightly above its 2023 spending. The funds will go primarily toward Ent...

By Lisa Baertlein LOS ANGELES (Reuters) - United Parcel Service expects its newly won U.S. Postal Service (USPS) air cargo contract to be profitable in its first year and throughout the more than five...

(Reuters) -Tesla will lay off 2,688 employees at its Texas factory, the electric vehicle maker said in a Worker Adjustment and Retraining Notification (WARN) notice. The notice on Monday was issued un...

PARIS (Reuters) -French luxury group Kering reported a 10% drop in first-quarter sales on Tuesday, dragged down by a slowdown at its star label Gucci, which suffered from weakness in Asia while underg...

The Minnesota Timberwolves' ownership dispute will advance to a mediation session on May 1 in Minneapolis, ESPN reported on Wednesday night. Longtime majority owner Glen Taylor put an end to a three-y...

(Reuters) - The U.S. Anti-Doping Agency said on Tuesday that the World Anti-Doping Agency must be overhauled to restore confidence in the global body ahead of the 2024 Paris Olympics following its han...

BEIJING (Reuters) - A senior Chinese central bank official suggested on Tuesday that the bank's buying and selling of treasury bonds in the secondary market could be used for liquidity management and ...

MADRID (Reuters) -Spain is to set up a fund, to be financed largely by the Catholic Church, to compensate an estimated 440,000 victims of decades of sexual abuse by Catholic clergy, staff or teachers,...

MAILUU-SUU, Kyrgyzstan (Reuters) - Dams holding vast amounts of uranium mine tailings above the fertile Fergana valley in Central Asia are unstable, threatening a possible Chernobyl-scale nuclear disa...

(Reuters) - Sudan's army used anti-aircraft missiles on Tuesday to shoot down drones targeting its headquarters in the city of Shendi, witnesses and army sources said, the latest in a series of such d...