By Foo Yun Chee BRUSSELS (Reuters) – EU countries and European Parliament lawmakers are likely to reach a deal on a 6-billion-euro ($6 billion) satellite internet system next week, people familiar with the matter said on Wednesday, driven by the bloc’s…
Binance likely to walk away from FTX deal-WSJ
(Reuters) -Cryptocurrency exchange Binance is likely to walk away from a deal to buy embattled rival FTX, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter. Binance was taken aback by “a big hole it found in FTX’s …
Biden urges Republicans to work together as control of U.S. Congress unclear
By Nathan Layne and Tim Reid ALPHARETTA, Ga./PHOENIX, Ariz. (Reuters) -Control of the U.S. Senate hung in the balance on Wednesday as Republicans moved closer to securing a House majority, a day after Democrats outperformed expectations and history in …
Stellantis to invest more than 300 million euros in Morocco’s Kenitra plant
MILAN (Reuters) – Stellantis on Wednesday said it would invest more than 300 million euros ($300 million) on Morocco’s Kenitra plant to double local production capacity. The car maker said in a statement after a meeting with government officials in Rab…
Prosecutors to investigate possible perjury charge against German cardinal
BERLIN (Reuters) – German prosecutors are due to investigate whether Cardinal Rainer Maria Woelki, one of the German Catholic Church’s most senior clerics, perjured himself earlier this year in sworn testimony about abuse committed by a now dead priest…
Volvo Cars expects to deliver its electric SUV by 2024
By Marie Mannes (Reuters) – Volvo Cars’ chief executive is confident the Swedish carmaker will deliver its new electric car by 2024 despite significant supply chain problems, he said on Wednesday. Despite short-term supply chain challenges that have co…
Russia’s war hawks rally behind decision to abandon Ukrainian city of Kherson
By Mark Trevelyan LONDON (Reuters) – Russia’s leading war hawks on Wednesday swiftly rallied behind the decision to abandon the Ukrainian city of Kherson, putting a brave face on one of Moscow’s most humiliating retreats in nearly nine months of war. T…
British nurses to hold first ever strike over pay
By Sachin Ravikumar and Farouq Suleiman LONDON (Reuters) -Tens of thousands of British nurses will go on strike for the first time over demands for better pay, their trade union said on Wednesday, adding to pressure on Prime Minister Rishi Sunak during…
French central bank sees slightly positive growth in last quarter
PARIS (Reuters) – The French economy will just manage to eke out positive growth in the final quarter of the year, the central bank estimated on Wednesday. The Bank of France’s monthly survey of companies’ business conditions showed economic activity p…
Tesla stock hits 2-year low after Musk sells $4 billion worth of shares
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla Inc shares slid to their lowest level in nearly two years on Wednesday after Chief Executive Elon Musk sold $3.95 billion worth of shares in the electric-vehicle maker. The shares were down 6.1% at $179.66…