By Laila Kearney NEW YORK (Reuters) -Oil dropped by about 2% on Friday, logging a second weekly decline, due to concern about weakened demand in China and further increases to U.S. interest rates. Brent crude settled at $87.62 a barrel, falling $2.16, …
U.S. report says hundreds were detained, missing in Ukraine’s Kherson
By Daphne Psaledakis WASHINGTON (Reuters) – Hundreds of people were detained or went missing in Ukraine’s Kherson region while it was under Russian control this year, and dozens may have been tortured, Yale University researchers have concluded in a re…
Elizabeth Holmes sentenced to more than 11 years in prison for Theranos fraud
By Jody Godoy and Dan Levine SAN JOSE, Calif. (Reuters) -A California judge sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison for defrauding investors in her now-defunct blood testing startup that was once valued at $9 …
Global stocks edge up on hopes recession warning forces Fed’s hand
By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) – Global equities edged up and a key part of the Treasury yield curve inverted further on Friday, a sign the U.S. economy will stall next year and that investors hope will lead the Federal Rese…
Elon Musk encourages Twitter engineers to fly in for in-person meetings -email
By Hyunjoo Jin (Reuters) -Elon Musk emailed Twitter staff on Friday asking that any employees who write software code report to the 10th floor of the office in San Francisco early afternoon, according to an email reviewed by Reuters. The billionaire sa…
Soccer-Qatar’s moment of truth has come
By Shady Amir (Reuters) – The moment of truth for Qatar’s ability to organise the World Cup after years of failed overtures and criticism over labour rights and strict laws has come. Predicaments began mounting as early as December 2010 when it was ann…
Ukrainian experts at Poland blast site, talks under way on Kyiv’s role in probe
KYIV/WARSAW (Reuters) – Kyiv said on Friday Ukrainian experts had started work at the site where a missile killed two people in southeastern Poland, as the countries discuss what role Ukraine may play in an investigation into the incident. Poland and o…
Russia’s defence ministry says Ukraine executed Russian POWs
(Corrects second paragraph to show Russian prisoners of war) (Reuters) – Russia’s defence ministry said on Friday that Ukraine had executed more than 10 Russian prisoners of war with direct shots to the head. The defence ministry was responding to a vi…
Europe’s uneven inflation levels make ECB’s action challenging, Spanish minister says
MADRID (Reuters) – The different inflation levels in euro zone countries make the European Central Bank’s monetary policy action challenging, Spanish Economy Minister Nadia Calvino said on Friday. “We see a (inflation) downward trend in our country whi…
Uzbekistan summoned German ambassador over oligarch probe – Spiegel
BERLIN (Reuters) – A German investigation into Russian-Uzbek billionaire businessman Alisher Usmanov, who is accused of money-laundering and tax evasion, has tested diplomatic relations between Germany and Uzbekistan, the Spiegel news magazine reported…