Headlines

Starbucks taps head of Lysol maker Reckitt as its new CEO

Starbucks taps head of Lysol maker Reckitt as its new CEO

NEW YORK (Reuters) -Starbucks Corp on Thursday named Laxman Narasimhan as its next chief executive officer, choosing an executive cred..

Philips subsidiary to pay over $24 million for alleged false claims for medical equipment

Philips subsidiary to pay over $24 million for alleged false claims for medical equipment

By Kanishka Singh WASHINGTON (Reuters) -A subsidiary of Dutch medical device maker Philips has agreed to pay over $24 million to resol..

Gorbachev died shocked and bewildered by Ukraine conflict – interpreter

Gorbachev died shocked and bewildered by Ukraine conflict – interpreter

By Andrew Osborn MOSCOW (Reuters) -Mikhail Gorbachev, the last Soviet leader, was shocked and bewildered by the Ukraine conflict in th..

Sterling slides below $1.15 for first time since 2020

Sterling slides below $1.15 for first time since 2020

By Tom Wilson and Samuel Indyk LONDON (Reuters) -Sterling skidded against the dollar on Thursday to its lowest level since March 2020 ..

EU regulator backs two Omicron-adapted COVID boosters

EU regulator backs two Omicron-adapted COVID boosters

By Natalie Grover and Ludwig Burger (Reuters) -The European Union’s drug regulator on Thursday backed two separate COVID-19 vacc..

High inflation is bad for UK productivity – BoE’s Mann

High inflation is bad for UK productivity – BoE’s Mann

LONDON (Reuters) – Britain’s very high inflation risks distracting businesses from the longer-term decisions needed to boo..

Euro zone economy faces growing risk of recession, survey shows

Euro zone economy faces growing risk of recession, survey shows

By Jonathan Cable LONDON (Reuters) – Manufacturing activity across the euro zone declined again last month as consumers feeling ..

New U.S. rules on EV subsidies slam Hyundai, Kia’s dreams

New U.S. rules on EV subsidies slam Hyundai, Kia’s dreams

By Heekyong Yang and Ben Klayman SEOUL/DETROIT (Reuters) -After grabbing the No. 2 spot in the U.S. electric vehicle market with styli..

Kosovo pushes ahead with car licensing rule resisted by Serbs

Kosovo pushes ahead with car licensing rule resisted by Serbs

JARINJE, Kosovo (Reuters) -Dozens of U.S. NATO peacekeepers patrolled northern Kosovo on Thursday to preserve calm after Pristina anno..

First year of N.Ireland protocol required 1 million customs declarations

First year of N.Ireland protocol required 1 million customs declarations

DUBLIN (Reuters) – Over 10,000 firms completed one million customs declarations to move goods from Britain into Northern Ireland..