DUTTA NAGAR, India (Reuters) – Until late March, Ashish Kumar was helping to make plastic boxes for Ferrero Rocher praline chocolates and the plastic spoons tucked inside Kinder Joy eggs to scoop out the milky sweet cream inside. With a diploma in plastic moul... More »
NEW YORK (Reuters) – Late in March, Laura Gross, 72, was recovering from gall bladder surgery in her Fort Lee, New Jersey, home when she became sick again. Her throat, head and eyes hurt, her muscles and joints ached and she felt like she was in a fog. Her dia... More »
(Reuters) – The United States might have more COVID-19 testing capacity than any other country. So why have we seen laboratories overwhelmed and many patients again waiting a week or more for results? At the heart of the crisis is a reliance by public and priv... More »
NEW YORK (Reuters) – Eleven years ago, environmental scientist Jesse Ausubel dreamed aloud in a commencement speech: What if scientists could record the sounds of the ocean in the days before propeller-driven ships and boats spanned the globe? They would liste... More »
FRANKFURT (Reuters) – As Germany rolls out a 750 billion-euro economic stimulus package, officials and experts are discussing whether German lenders, including Deutsche Bank AG and Commerzbank AG, will be able to weather the economic fallout of coronavirus wit... More »
TOKYO (Reuters) – As Japan faces a fresh wave of coronavirus infections and the government prepares for a state of emergency, medical staff say a shortage of beds and a rise in cases linked to hospitals are pushing Tokyo’s medical system to the brink of collap... More »
MILAN (Reuters) – It took Silvia Bertuletti 11 days of frantic phone calls to persuade a doctor to visit her 78-year-old father Alessandro, who was gripped by fever and struggling for breath. When an on-call physician did go to her house near Bergamo, at the e... More »
LONDON/OAKLAND/BUCHAREST (Reuters) – Driving to work at his factory to the west of London last week, designer Steve Brooks had coronavirus on his mind. What could he make that would let him open a door without touching the handle? “Everyone has to use their li... More »
WASHINGTON (Reuters) – U.S. election officials looking to construct a safe voting system in a worsening coronavirus pandemic are confronting a grim reality: there may not be enough time, money or political will to make it happen by the November election. The p... More »
LONDON (Reuters) – It’s 2023. Britain’s brightest and best drug researchers are packing their bags as clinical trials start to dwindle, leaving a nation renowned as a global leader in pharmaceutical development to face a future in the slow lane. This is a wors... More »
BOSTON (Reuters) – As U.S. corporate jet use approaches pre-financial crisis levels and chief executives take an increasing number of personal trips on the company tab, many investors are being kept in the dark about the true cost of the perk. For the S&P 500 ... More »
BOSTON (Reuters) – It’s nice work if you can get it. The average annual compensation for non-executive directors at S&P 500 companies rose 2 percent to $304,856 last year, topping $300,000 for the first time and 43 percent higher than it was 10 years ago, acco... More »
LONDON (Reuters) – When Belarusian President Alexander Lukashenko met entrepreneur Viktor Prokopenya in March 2017, their discussion was scheduled to last for an hour but went on for three times that long. The meeting, Prokopenya said, ended with Lukashenko as... More »
BEIJING (Reuters) – As many as half of China’s breeding pigs have either died from African swine fever or been slaughtered because of the spreading disease, twice as many as officially acknowledged, according to the estimates of four people who supply large fa... More »
LONDON (Reuters) – Investment banks are beefing up trading teams in markets such as gas, metals and carbon permits that are flourishing as businesses and economies become greener, according to recruitment consultants. The shift in staffing at the world’s bigge... More »
JENA, Germany (Reuters) – From the 12th floor of Jenoptik’s headquarters, chief executive Stefan Traeger points to his laser factory and the university that provides it with talent. Welcome to “Optics Valley” – a role model for Germany’s East in a big year for... More »
WASHINGTON/SAN FRANCISCO (Reuters) – When Arturo Balbino, a Texas construction worker, walked into his visa interview at the American consulate in the northern Mexican border town of Ciudad Juarez in March, he wasn’t nervous. He felt good. Balbino, a 33-year-o... More »
(Reuters) – U.S.-based bicycle manufacturer Kent International has found a way around President Donald Trump’s tariffs – by shifting production out of China. Like almost all U.S. bike makers, Kent has long relied on low-cost Chinese labor and parts, but Trump’... More »
GARY, Indiana (Reuters) – United States Steel Corporation founded Gary, Indiana in 1906 – naming it after co-founder Elbert Henry Gary – and the city’s fortunes have been closely tied to the company ever since. When the firm started losing business to cheap As... More »
DHAKA/NOAKHALI, Bangladesh (Reuters) – Bangladesh has a general election this weekend, but opposition candidate Abdul Moyeen Khan says he has yet to hold a single public meeting in his constituency about 30 miles (50 km) northeast of Dhaka, the capital. Thousa... More »
HIVARGAON/MUJAHIDPUR, India (Reuters) – A spike in the price of onions has led to the ouster of governments in Indian elections in the past. Now, prices of the staple have collapsed, and many impoverished farmers are saying they will make Prime Minister Narend... More »
WILMINGTON, Del (Reuters) – As Venezuela collapses, one little-known U.S. investment fund is poised to win big from litigation against its socialist government: Tenor Capital Management. Since 2012, the New York firm has invested $76 million in Canadian mining... More »
SAN MIGUEL, Argentina (Reuters) – At an abandoned train station in Buenos Aires’ working-class suburb of San Miguel, hundreds of Argentines gather with bags of clothes, rice, flour and sugar to trade. Most are women, some accompanied by children. Cardboard sig... More »
LONDON/PARIS (Reuters) – Carmakers including Renault, Jaguar Land Rover and Peugeot have boosted revenues by over $1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software vendor, Accenture... More »
(This May 25 story corrects first name of Capital Markets Authority CEO to Paul, not Peter, paragraph 29) By Maggie Fick and Omar Mohammed NAIROBI (Reuters) – Kenya built a reputation as a pioneer of financial inclusion through its early adoption of a mobile m... More »
HANOI/SINGAPORE (Reuters) – A struggle over internet laws in Vietnam is pitting a government keen on maintaining tight control against U.S. technology companies trying to fight off onerous new rules – with the country’s online dissidents among the biggest lose... More »
LONDON (Reuters) – The shipping industry has long been criticized by campaigners for allowing vessels to be broken up on beaches, endangering workers and polluting the sea and sand. Now, it is being called to account from a quarter that may have a bit more clo... More »
YAJI MOUNTAIN, China (Reuters) – On Yaji Mountain in southern China, they are checking in the sows a thousand head per floor in high-rise “hog hotels”. Privately owned agricultural company Guangxi Yangxiang Co Ltd is running two seven-floor sow breeding operat... More »
PARIS (Reuters) – When Emmanuel Macron was gearing up for his presidential campaign in 2016, he set out on an unprecedented “great march” – a door-to-door campaign to hear voters’ grievances in what promised to be a new, more open way of running the country. A... More »
LONDON (Reuters) – In London’s world-famous Great Ormond Street children’s hospital, Dr. Karin Straathof is excited about a new cell-based medicine that offers hope for toddlers with incurable nerve tissue cancer. Her progress with a handful of children for wh... More »
LANGLEY, British Columbia (Reuters) – Layers of squirming black soldier fly larvae fill large aluminum bins stacked 10-high in a warehouse outside of Vancouver. They are feeding on stale bread, rotting mangoes, overripe cantaloupe and squishy zucchini. But thi... More »
A man looks at the screen of his mobile phone in front of an Apple logo outside its store in Shanghai, China July 30, 2017. REUTERS/Aly Song SAN FRANCISCO/BEIJING (Reuters) – When Apple Inc begins hosting Chinese users’ iCloud accounts in a new Chinese data ce... More »
FILE PHOTO: Freight trucks are driven on the Fisher freeway in Detroit, Michigan, U.S., March 27, 2009. REUTERS/Rebecca Cook/File Photo SEATTLE/BOCA RATON, Fla. (Reuters) – The drive for cost cuts and higher margins at U.S. trucking and railroad operators is p... More »
A pigeon flies past the logo of Punjab National Bank outside a branch of the bank in New Delhi, India February 15, 2018. REUTERS/Adnan Abidi NEW DELHI/MUMBAI (Reuters) – The Punjab National Bank branch in south Mumbai sits just down the road from both the Bomb... More »
FILE PHOTO: A construction site at the new Suncor Fort Hills oil sands mining operations near Fort McMurray, Alberta, Canada, September 17, 2014. REUTERS/Todd Korol/File Photo CALGARY, Alberta (Reuters) – The revolution in U.S. shale oil has battered Canada’s ... More »
FILE PHOTO: The company logo of China Oil and Foodstuffs Corporation (COFCO) is seen at its headquarters in Beijing, China, November 3, 2016. REUTERS/Thomas Peter/File Photo LONDON/PARIS/BEIJING (Reuters) – China’s COFCO International is in the throes of a sta... More »
After years of dismantling discarded televisions and laptops, a Shanghai recycling plant is readying itself for a new wave of waste: piles of exhausted batteries from the surge of electric vehicles hitting China's streets. More »
Wheat shipments to Egypt, the world's largest buyer, are being disrupted by a dispute involving government inspectors angered by a ban on the expenses-paid foreign trips they once enjoyed to approve cargoes at their ports of origin. More »
Microsoft Corp's secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a corporate database. More »
Venezuelan auto worker Celso Nunez spends his days moonlighting as a mover and trading salvaged building materials in his worn-out red pick-up. More »
Lin Wong, Giselda Vagnoni and Fanny Potkin More »
Since the collapse more than two years ago of China's second-biggest loan guarantor, the state-backed Hebei Financing Investment Guarantee Group, creditors including powerful financial institutions have been trying to get billions of dollars of their money bac... More »
In his baseball cap and baggy yellow t-shirt, the rap star Li Yijie - better known by his stage name "Pissy" - is an unlikely face of China's strait-laced ruling Communist Party. More »
The world's largest oilfield services company, Schlumberger NV (SLB.N), is spending billions of dollars buying stakes in its customers' oil and gas projects - investing in the same ventures it supplies with equipment and expertise. More »
Zhang Yang, a businessman from Chongqing in southwest China, is searching online forums for fellow stout-hearted entrepreneurs willing to cast aside security concerns and join him on a scouting mission to Pakistan. More »
General Electric Co (GE.N) wants its industrial software business to cut costs and lift profits next year under new chief executive John Flannery, and is considering expanded partnerships and the possible sale of some equity in the unit, according to people fa... More »
There is a whiff of betrayal in the air across Britain's Brexit heartlands where many impatient voters fear Prime Minister Theresa May is going soft on implementing last year's decision to leave the European Union. More »
Lin Wong and Philip Wen More »
FILE PHOTO: People walk past a row of Volkswagen e-Golf cars during the company’s annual news conference in Berlin, Germany March 13, 2014. Picture taken March 13, 2014. When Volkswagen boss Matthias Mueller vowed to reform the carmaker after its emissions sca... More »
FILE PHOTO: Japan’s Prime Minister Shinzo Abe attends a news conference after close of regular parliament session at his official residence in Tokyo, Japan, June 19, 2017. Prime Minister Shinzo Abe’s cherished goal of revising Japan’s pacifist constitution has... More »
FILE PHOTO — A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver/File Photo U.S. shale producers are drilling at the highest rate in 18 months but have left a record number of wells unfinished in the largest oilfield in the co... More »
FILE PHOTO: People are silhouetted as they pose with laptops in front of a screen projected with binary code and a Central Inteligence Agency (CIA) emblem, in this picture illustration taken in Zenica, Bosnia and Herzegovina October 29, 2014. REUTERS/Dado Ruvi... More »
Uber drivers sit in their cars as they wait for passengers in Sao Paulo, Brazil, February 13, 2017. REUTERS/Nacho Doce On a Thursday night last September, Uber driver Osvaldo Luis Modolo Filho accepted a ride request from a teenage couple on the eastern edge o... More »
FILE PHOTO – Republican presidential candidate Donald Trump speaks to police gathered at Fraternal Order of Police lodge during a campaign event in Statesville, North Carolina, U.S. on August 18, 2016. REUTERS/Carlo Allegri/File Photo Steve Loomis, president o... More »
A woman talks on a mobile phone as she walks past the closed research facility of Semler Research Centre in Bengaluru, India, October 13, 2016. REUTERS/Abhishek N. Chinnappa Vasudeva Prakash left his job as a mechanic in Hyderabad three years ago for what he c... More »
The main entrance of the Monte dei Paschi bank headquarters is seen in Siena, Italy March 13, 2012. REUTERS/Max Rossi/File Photo On the morning of July 29, former Italian Industry Minister Corrado Passera was traveling in a high-speed train towards the medieva... More »
A photo illustration shows a Yahoo logo on a smartphone in front of a displayed cyber code and keyboard on December 15, 2016. REUTERS/Dado Ruvic/Illustration In the summer of 2013, Yahoo Inc launched a project to better secure the passwords of its customers, a... More »
A two Euro coin is pictured next to an English ten Pound note in an illustration taken March 16, 2016. REUTERS/Phil Noble/Illustration/File Photo Euro zone governments are increasingly relying on hedge funds to help them meet their borrowing needs, which risks... More »
A labourer sleeps on baskets of unsold tomatoes at a wholesale market in Manchar village in the western state of Maharashtra, India, November 16, 2016. REUTERS/Shailesh Andrade/File photo Like millions of Indians fed up with corruption and counterfeiting, Vima... More »
“KKK” is shown spray painted on a telephone pole in Kokomo, Indiana, U.S. November 1, 2016. REUTERS/Peter Eisler The lettering is crude, scrawled in black spray paint on the sidewalk in front of Karen Peters’ neatly kept home in the quiet, working class neighb... More »
North Carolina campaign buttons sit on a table before the start of a rally with Republican U.S. presidential nominee Donald Trump in Fletcher, North Carolina, U.S. October 21, 2016. REUTERS/Jonathan Ernst – RTX2PW7X When Bill McAnulty, an elections board chair... More »
U.S. President Barack Obama talks to the Standing Rock Sioux Tribe Chairman David Archambault II (L) as they attend the Cannon Ball Flag Day Celebration at the Cannon Ball Powwow Grounds on the Standing Rock Sioux Reservation in North Dakota, June 13, 2014. RE... More »
The John Amos coal-fired power plant is seen behind a home in Poca, West Virginia May 18, 2014. REUTERS/Robert Galbraith/File Photo The 27 states challenging Obama’s Clean Power Plan in court say the lower emissions levels it would impose are an undue burden. ... More »
Aedes aegypti mosquitoes are seen at the Laboratory of Entomology and Ecology of the Dengue Branch of the U.S. Centers for Disease Control and Prevention in San Juan, Puerto Rico, March 6, 2016. REUTERS/Alvin Baez/File Photo It began with what felt like a punc... More »
NEW YORK Donald Trump, who often says he only likes winners, tells one grand tale of loss: In 1990, he nearly went bankrupt and was forced to ask dozens of banks to whom he owed money to change the terms on their loans and forgive some of his debts. It was, th... More »
KUNMING, China/VIENTIANE For the southwestern city of Kunming, China’s plan to extend a high-speed rail link 3,000 km (1,875 miles) south to Singapore is already a boon: pristine expressways, a gleaming station and something of a real estate boom, as young buy... More »
BEIJING/DETROIT Tomorrow’s cars will be all-electric, self-driving, connected to high-speed communications networks … and free. And probably Chinese. That, at least, is the vision of Jia Yueting, a billionaire entrepreneur and one of a new breed of Chinese who... More »
CUBATAO, Brazil On a warm September morning in 2014, the 10-man board of Brazilian steelmaker Usiminas met on the ninth floor of a blue glass tower in Sao Paulo. In the room, the board members grappled over whether to fire the company’s chief executive and two... More »
BERLIN At an hour-long meeting in Moscow on March 23, Russian Foreign Minister Sergei Lavrov irritated his German counterpart by raising the case of a German-Russian girl who said she was raped by migrants in Berlin earlier this year. After the girl’s claims w... More »
NEW YORK Donald Trump’s presidential campaign is built on his business acumen. But some of the Wall Street funds that he has invested in have proven less successful, underperforming industry benchmarks in the last 15 months, according to a Reuters examination.... More »
OKLAHOMA CITY Nearly 15 years since Enron’s collapse decimated the retirement accounts of its employees, hundreds of thousands of U.S. energy workers remain precariously exposed to big, concentrated bets on company stock in their 401(k) retirement plans. The s... More »
WASHINGTON In April 2014, the administration of President Barack Obama announced the most ambitious clemency program in 40 years, inviting thousands of jailed drug offenders and other convicts to seek early release and urging lawyers across the country to take... More »
TOKYO Bank of Japan (BOJ) officials have been scurrying to commercial banks to explain and apologize for its surprise adoption of negative interest rates in January, while Prime Minister Shinzo Abe has distanced himself from a decision that is proving unpopula... More »
LONDON As the world focuses on Zika’s rapid advance in the Americas, experts warn the virus that originated in Africa is just one of a growing number of continent-jumping diseases carried by mosquitoes threatening swathes of humanity. The battle against the in... More »
NEW YORK Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person’s account instantaneously by mobile phone. The idea has been in the works for at least five years, and in t... More »
GRAND FORKS, N.D. In a basement lab of a North Dakota research center, Beth Kurz and an assistant are peering through a scanning electron microscope, studying samples from the state’s vast Bakken shale oil formation. Kurz, a hydrogeologist, is part of a team, ... More »
LUCEDALE, Miss Mississippi’s vast flatlands, laced with the remains of a fading industrial base, are fertile ground for the incendiary populism of Donald Trump. For the insurgent presidential candidate, there’s plenty of voter outrage to tap into here and in a... More »
GUATEMALA CITY An audit by a committee appointed by FIFA, soccer’s global governing body, has concluded that broadcasting contracts between Guatemala’s soccer federation and Mexican media magnate Angel Gonzalez were awarded below market value, say sources with... More »
NEW YORK/BRASILIA Experts on microcephaly, the birth defect that has sparked alarm in the current Zika virus outbreak, say they are struck by the severity of a small number of cases they have reviewed from Brazil. Consultations among doctors in Brazil and the ... More »
WASHINGTON Anyone seeking a table at Carmine’s Italian restaurant near Capitol Hill on a Tuesday or Wednesday needs to battle a mid-week crush of Congress members and their staff. But Mondays are far quieter — just like the floor of Congress. There are usually... More »
Rio de Janeiro Last January, long lines formed outside health clinics in Recife, a city in Brazil’s northeast hit hard in recent years by outbreaks of dengue, a painful tropical disease. Doctors were on guard because federal health officials and the World Heal... More »
Doctors Stephen Read and James Spar are collaborators on a chapter of a forthcoming psychiatry textbook, colleagues at UCLA’s medical school and go-to court experts on the evaluation of mental fitness in the elderly. In the 2014 fight over whether owner Donald... More »
WASHINGTON/NEW YORK Ted Wade hasn’t cared about politics enough to cast a vote in a U.S. presidential election for almost a quarter of a century, back when he supported Ross Perot’s independent candidacy in 1992. But Republican Donald Trump’s 2016 White House ... More »
BEIJING The Swedish automaker once known as Saab has emerged as part of China’s push to make electric vehicles a mass-market alternative to petrol cars, after getting a $12 billion order for EVs. Chinese-owned National Electric Vehicle Sweden (NEVS) – the comp... More »
FORT LAUDERDALE/NEW YORK/SEATTLE/VANCOUVERU.S. and Canadian officials have pledged to work with China to track down and repatriate Chinese fugitives living abroad. But that cooperation is proving to have clear limits. So far, only one person on China’s Operati... More »
SAN FRANCISCOThe world’s central banks are scrambling to assess the risk a slowing China poses to their economies and appear to be no closer than most other observers to working out what is going on in the world’s second largest economy. While the Reserve Bank... More »
BOSTON African-Americans have become a shrinking presence in the boardrooms of the biggest U.S. companies in recent years, setting back a push by pension funds for greater diversity. African-Americans, who make up about 13 percent of the U.S. population, accou... More »
SAN FRANCISCO Facebook, Google and Twitter are stepping up efforts to combat online propaganda and recruiting by Islamic militants, but the Internet companies are doing it quietly to avoid the perception that they are helping the authorities police the Web. On... More »
HONG KONG/SINGAPORE Almost a year after students ended pro-democracy street protests in Hong Kong, they face an online battle against what Western security experts say are China-sponsored hackers using techniques rarely seen elsewhere. Hackers have expanded th... More »
NEW YORK For most of its 100-year history, when Boeing turned out more planes, employment soared and the Seattle-area economy prospered. When the rate of production fell, layoffs followed and the local economy crashed. The cycle was so predictable that Boeing ... More »
BRUSSELS “A breeding ground for violence” the mayor of Molenbeek called her borough on Sunday, speaking of unemployment and overcrowding among Arab immigrant families, of youthful despair finding refuge in radical Islam. But as the Brussels district on the wro... More »
KABUL Last year, Hamid Rostami, a 28-year-old from Wardak in western Afghanistan, was expelled from Denmark after years trying to stay in Europe. Jobless and cut off from his family, he now sits in wintry Kabul wondering how to go back. Jobless and unwilling t... More »
TOKYO/FRANKFURT At the recent Frankfurt Auto Show, Ford Motor Co unveiled a new feature that lets drivers pre-set their car to go at or just above the speed limit. In-car cameras and software read and react to road signs, speeding the car up or slowing it down... More »
WASHINGTON/NEW YORK/YANGONWestern banks are cutting trade finance in Myanmar after learning that part of the country’s main port is controlled by a man blacklisted by Washington, threatening to stop nascent U.S. economic ties with the Southeast Asian nation in... More »
LONDON, Anyone who goes down with flu in Europe this winter could be asked to enroll in a randomized clinical trial in which they will either be given a drug, which may or may not work, or standard advice to take bed rest and paracetamol. Those who agree could... More »
Suppliers of everything from groceries to sports equipment are already being squeezed for price cuts and cost sharing by Wal-Mart Stores (WMT.N). Now they are bracing for the pressure to ratchet up even more after a shock earnings warning from the retailer las... More »
NEW YORK Wall Street bankers and traders are likely to get smaller bonuses for 2015 as trading revenue plunges. Goldman Sachs said on Thursday that it set aside 16 percent less money for compensation in the third quarter compared with the same period in 2014. ... More »
BOSTON A rash of hacking attacks on U.S. companies over the past two years has prompted insurers to massively increase cyber premiums for some companies, leaving firms that are perceived to be a high risk scrambling for cover. On top of rate hikes, insurers ar... More »
PARIS/SINGAPORE Uber Inc’s aggressive global expansion is looking costlier and riskier than ever as the company struggles with regulatory and competitive obstacles in major markets. Just last week, the company faced a police raid on its European headquarters i... More »
AMMAN/BEIRUT Rebels who have inflicted big losses on Syrian President Bashar al-Assad say Russia’s intervention in support of its ally will only lead to an escalation of the war and may encourage the rebels’ Gulf Arab backers to pour in more military aid. Russ... More »
