Celebrity chef Mario Batali acquitted of sexually assaulting woman in Boston

Celebrity chef Mario Batali acquitted of sexually assaulting woman in Boston

BOSTON, May 10 (Reuters) – Chief Mario Batali was acquitted on Tuesday of sexually assaulting a woman at a Boston bar in 2017 while posing with her for fan “selfie” photos, with the judge doubting the credibility of the accuser in the latest # MeToo era trial involving a US celebrity accused of misconduct toward … Read more

Stocks suffer renewed slide on growth fears, dollar extends rally

Stocks suffer renewed slide on growth fears, dollar extends rally

LONDON, May 9 (Reuters) – Stocks fell heavily again on Monday and the dollar rocketed to a new two-decade high as worries about higher interest rates and a tightened lockdown in Shanghai deepened investors’ fears that the global economy is rapidly heading for a slowdown. After a bruising session on Friday in which US stocks … Read more

EXCLUSIVE Biden sidelined global energy partners with record emergency oil release

EXCLUSIVE Biden sidelined global energy partners with record emergency oil release

LONDON, May 9 (Reuters) – The United States announced a record-sized release of emergency crude oil reserves in March without consulting partners in the International Energy Agency, leaving them scrambling to match with releases of their own, according to two sources familiar with the matter. Unilateral action by Washington to address global supply or price … Read more

South Korea hunts tungsten treasure in race for rare minerals

South Korea hunts tungsten treasure in race for rare minerals

S.Korean tungsten mine gets $100 million makeover Dozens of new mineral projects launched globally Green, digital booms fuel demand for rare minerals China is pre-eminent in critical minerals supply GRAPHIC-S.Korea’s reliance on China: SANGDONG, South Korea, May 9 (Reuters) – Blue tungsten winking from the walls of abandoned mine shafts, in a town that’s seen … Read more

Exclusive: U.S. regulators are in China for audit deal talks

Exclusive: U.S. regulators are in China for audit deal talks

Chinese and US flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register HONG KONG, May 6 (Reuters) – US regulatory officials have arrived in Beijing seeking to settle a long-running dispute over the auditing compliance of US-listed Chinese … Read more

U.S. Senate committee passes antitrust bill pressuring OPEC

U.S. Senate committee passes antitrust bill pressuring OPEC

WASHINGTON, May 5 (Reuters) – A US Senate committee passed a bill on Thursday that could expose the Organization of the Petroleum Exporting Countries and partners to lawsuits for collusion on boosting crude oil prices. The No Oil Producing or Exporting Cartels (NOPEC) bill sponsored by senators, including Republican Chuck Grassley and Democrat Amy Klobuchar, … Read more

In it for the long haul: Qantas bets on non-stop Sydney-London flights with Airbus order

In it for the long haul: Qantas bets on non-stop Sydney-London flights with Airbus order

Orders 12 Airbus ultra-long haul A350-1000 planes Direct commercial Sydney-London flight to start late in 2025 20-hour trip to be the world’s longest non-stop flight Orders 20 A321XLRs and 20 A220s to renew domestic fleet Overall Airbus deal could be worth more than $4 bln – Barrenjoey SYDNEY, May 2 (Reuters) – Qantas Airways (QAN.AX) … Read more

HSBC’s top shareholder calls for banking giant’s break-up

HSBC's top shareholder calls for banking giant's break-up

A branch of HSBC bank is seen, in central London August 3, 2009. REUTERS/Stefan Wermuth Register now for FREE unlimited access to Reuters.com Register LONDON/SINGAPORE, April 29 (Reuters) – HSBC Holdings’ (HSBA.L) largest shareholder, Chinese insurance giant Ping An (601318.SS), has called for a break-up of the London-based bank, a source familiar with the matter … Read more

Buffett slams Wall St, extols cash, addresses nuclear risk at Berkshire meeting

Buffett slams Wall St, extols cash, addresses nuclear risk at Berkshire meeting

OMAHA, Neb., April 30 (Reuters) – Warren Buffett on Saturday used the annual meeting of Berkshire Hathaway Inc (BRKa.N) to rail against Wall Street excess and extol the virtues of cash after rapidly spending tens of billions on stocks and companies , while addressing the risk to his conglomerate from the threat of nuclear war. … Read more

Prosecutors search Deutsche Bank HQ in money laundering investigation

Prosecutors search Deutsche Bank HQ in money laundering investigation

The headquarters of Germany’s Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File Photo Register now for FREE unlimited access to Reuters.com Register Financial regulator and federal police also involved Bank has been trying to clean up reputation Involves possible late reporting of suspicions – source Shares fall FRANKFURT, April 29 (Reuters) … Read more