By Mike Scarcella (Reuters) -A U.S. judge has set a May 2 hearing to discuss remedies the U.S. Justice Department and a group of states might ask the court to impose on Google after it ruled the Alphabet unit illegally dominates two markets for online advertising technology. In an order on Friday, U.S. District Judge…
By Ananya Mariam Rajesh (Reuters) -U.S. spirits exports rose 10% in 2024 to $2.4 billion, according to a report by Distilled Spirits Council of the United States (DISCUS), driven by a surge in supply to the European Union, the biggest export market. The rise last year came amid fears of the potential return of tariffs…
By David French (Reuters) -Morgan Stanley Infrastructure Partners is exploring the sale of its majority stake in Brazos Midstream II, with a deal expected to value its holding at more than $2 billion including debt, three people familiar with the matter said. Brazos moves natural gas, natural gas liquids and oil from the wellheads of…
(Reuters) -The European Central Bank is set to consider changing its monetary-policy strategy to enable more nimble responses to price shocks as the global environment becomes increasingly volatile, Bloomberg News reported on Thursday. ECB Governing Council members will discuss the case for such a shift at an informal retreat on May 6-7 in Porto, Portugal,…
(Reuters) -A federal judge on Thursday blocked parts of President Donald Trump’s executive order seeking to impose new rules on U.S. elections, which Democrats and other groups said risked denying eligible citizens the right to vote. U.S. District Judge Colleen Kollar-Kotelly ruled that the Trump administration cannot enforce parts of the order requiring federal election…
By Andrea Shalal WASHINGTON (Reuters) -The World Bank on Wednesday added four top executives, including Bayer AG CEO Bill Anderson and Hyatt Hotels CEO Mark Hoplamazian, to an initiative working to address barriers to private sector investment in developing countries. World Bank President Ajay Banga, former CEO of Mastercard, launched the Private Sector Investment Lab…
ROME (Reuters) -A Tesla senior executive has cancelled her attendance at a conference in Rome over fears of protests surrounding the carmaker in response to CEO Elon Musk’s right-wing activism. Tesla cars, infrastructure and offices have recently become targets of vandalism in several countries, including Italy. The group’s sales have nosedived along with its share…
(Reuters) -The United States could dip into recession on the fallout from a global trade war but everyone will suffer, including the euro zone, even if to a lesser effect, French central bank chief Francois Villeroy de Galhau said on Wednesday. The U.S. has imposed a raft of tariffs on most nations around the world…
(Reuters) -Elon Musk’s brain implant company Neuralink is planning to raise about $500 million at a pre-money valuation of $8.5 billion, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. The company has started preliminary discussions with potential investors, but terms of the funding round are not yet finalized, according to the…
By Humeyra Pamuk WASHINGTON (Reuters) – U.S. Secretary of State Marco Rubio will not attend talks in London aimed at ending the war in Ukraine, State Department spokesperson Tammy Bruce said on Tuesday, after earlier saying he planned to travel to London. Bruce, speaking to reporters at a regular news briefing, said the talks will…
