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India puts ‘new reality’ on display with Davos street show

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DAVOS, Switzerland, May 25 (Reuters) – Bright colors and bold logos proudly signal where India has set up base on the main street in Davos this year, as the country trumpets its pro-business and foreign investment drive. Inside a pavilion on the Swiss Alpine resort’s Promenade street beneath an “India @ Davos 2022” logo, the … Read more

EXCLUSIVE Russian hackers are linked to new Brexit leak website, Google says

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WASHINGTON/LONDON, May 25 (Reuters) – A new website that published leaked emails from several leading proponents of Britain’s exit from the European Union is tied to Russian hackers, according to a Google cybersecurity official and the former head of UK foreign intelligence. The website – titled “Very English Coop d’Etat” – says it has published … Read more

Germany orders 40,000 vaccine doses as precaution against monkeypox spread

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May 24 (Reuters) – Germany has ordered 40,000 doses of a Bavarian Nordic (BAVA.CO) vaccine to be ready to vaccinate contacts of those infected with monkeypox if an outbreak in Germany becomes more severe, but officials are banking on other precautionary measures for now. Speaking at a press conference, German Health Minister Karl Lauterbach said … Read more

Stocks slump on growth concerns, bond yields slip

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Stocks slide on bearish earnings, economic data China talks stimulus, but economic damage already done Euro near 4-week high as Lagarde flags July rate hike NEW YORK/LONDON, May 24 (Reuters) – Shares slid worldwide on Tuesday as supply chain woes and surging costs hurt corporate earnings and slowed manufacturing output, while Treasury yields dipped as … Read more

Wall Street rallies on back of big tech, banks

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JPMorgan Chase upbeat interest income outlook boosts banks Broadcom shares fall on potential VMware buyout Indexes up: Dow 1.98%, S&P 1.86%, Nasdaq 1.59% NEW YORK, May 23 (Reuters) – US stocks ended higher on Monday as gains from banks and a rebound in market-leading tech shares supported a broad-based rally following Wall Street’s longest streak … Read more

U.S. Southern Baptists release scathing report on sexual abuse

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ATLANTA, May 22 (Reuters) – For decades, complaints of sex abuse by pastors and staff in the largest US Protestant denomination, the Southern Baptist Convention, were either ignored or covered up by top clergy, according to an internal report released on Sunday. The nearly 300-page report details how complaints were kept as “closely guarded secrets” … Read more

Broadcom in talks to buy VMware

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May 22 (Reuters) – Chipmaker Broadcom Inc (AVGO.O) is in talks to acquire cloud service provider VMware Inc (VMW.N), people familiar with the matter told Reuters. Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The deal terms under discussion could not be learned. The acquisition would further … Read more

Hyundai Motor Group to invest more than $10 billion in U.S. up to 2025

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SEOUL, May 22 (Reuters) – Hyundai Motor Group said on Sunday it would invest an additional $5 billion in the United States by 2025 to strengthen collaboration with US firms in advanced technology. The investments, announced during a visit to Seoul by President Joe Biden, are for robotics, urban air mobility, autonomous driving and artificial … Read more

Ukraine rules out ceasefire as fighting intensifies in Donbas

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Ukraine rules out ceasefire, concessions Russia launches assault in Luhansk Russia stops Finland gas flows over payment dispute Polish president in Ukraine to address parliament Sunday May 22 (Reuters) – Ukraine ruled out a ceasefire or concessions to Moscow while Russia intensified an offensive in the eastern Donbas region and stopped providing gas to Finland, … Read more

WHO expects more cases of monkeypox to emerge globally

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A section of skin tissue, harvested from a lesion on the skin of a monkey, that had been infected with monkeypox virus, is seen at 50X magnification on day four of rash development in 1968. CDC/Handout via REUTERS Register now for FREE unlimited access to Reuters.com register LONDON, May 21 (Reuters) – The World Health … Read more