By Dawn Chmielewski and Nivedita Balu (Reuters) – Apple Inc on Thursday reported revenue and profit that topped Wall Street targets, one of the few bright spots in a tech sector battered by spending cutbacks due to inflation. The forecast for the holid…
In Britain’s inflation crisis, healthy diets are a casualty
By Richa Naidu LONDON (Reuters) – Fresh vegetables and fish are falling off the menu. Packaged pizzas and processed meat are the dishes of the day. Many British households are turning away from healthier foods as rampant inflation pushes them towards c…
Musk begins his Twitter ownership with firings, declares the ‘bird is freed’
By Sheila Dang and Greg Roumeliotis NEW YORK (Reuters) -Elon Musk has taken ownership of Twitter Inc with brutal efficiency, firing top executives but providing little clarity over how he will achieve the ambitions he has outlined for the influential s…
Close Putin ally says 23 soldiers died in Ukrainian shelling attack
(Reuters) – Chechen leader Ramzan Kadyrov, a close ally of Russian President Vladimir Putin, on Thursday said 23 of his soldiers had been killed and another 58 wounded in a Ukrainian artillery attack this week. Kadyrov’s comments were unusual, given th…
Tech rout widens as Meta sinks after results
(Reuters) – A carnage in U.S. technology stocks widened on Thursday as shares of Meta Platforms Inc sank 20% after the Facebook parent’s costly metaverse bets and the impact of soaring inflation on ad spending spooked investors. Meta was set to lose ab…
Putin blames West for Ukraine war, plays down nuclear fears
(Reuters) – Russian President Vladimir Putin showed no regrets on Thursday for his war in Ukraine, insisting that the “special military operation” was still achieving its goals and the West’s dominance over world affairs was coming to an end. Inveighin…
Macron, Scholz plaster over differences with smiles and a handshake
By Michel Rose PARIS (Reuters) – French President Emmanuel Macron and German Chancellor Olaf Scholz met in Paris with smiles and a handshake on Wednesday, but ignored questions on their faltering relationship as they headed into the Elysee Palace. Scho…
Putin blasts West, says world faces most dangerous decade since WW2
By Guy Faulconbridge LONDON (Reuters) – President Vladimir Putin said on Thursday that the world faced the most dangerous decade since World War Two as Western elites scrambled to prevent the inevitable crumbling of the global dominance of the United S…
Factbox-Who’s in and out in Credit Suisse’s day of reckoning
By Pamela Barbaglia (Reuters) – Credit Suisse’s latest shake-up has led to the promotion of some senior executives to more powerful roles while others are leaving. The bank is significantly reducing its workforce, cutting overall headcount from around …
Food group Danone raises 2022 outlook as third-quarter sales beat expectations
By Dominique Vidalon PARIS (Reuters) – French food group Danone on Thursday raised its 2022 revenue growth forecast after its third-quarter sales beat analysts’ estimates as the firm was able to raise prices to counter soaring costs. The consumer goods…