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

Musk says he would reverse Twitter ban on Donald Trump

Musk says he would reverse Twitter ban on Donald Trump

May 10 (Reuters) – Billionaire Elon Musk said on Tuesday he would reverse Twitter’s ban on former US President Donald Trump when he buys the social media platform, the clearest signal yet of Musk’s intention to cut moderation of the site. Musk, the world’s richest person and chief executive of electric vehicle maker Tesla Inc … 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

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

Record high U.S. job openings, resignations likely to fuel wage inflation

Record high U.S. job openings, resignations likely to fuel wage inflation

Job openings increase 205,000 to 11.5 million in March Hiring falls 95,000 to 6.7 million Quits rise 152,000 to record 4.5 million WASHINGTON, May 3 (Reuters) – US job openings increased to a record high in March as worker shortages persisted, suggesting that employers could continue to raise wages and help keep inflation uncomfortably high. … 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