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 »
FRANKFURT (Reuters) – Gathered in a German mountain castle last November for an evening retreat that ended with a whiskey-tasting, rebel European Central Bank policymakers and Christine Lagarde, their newly confirmed president, made a pact. Lagarde pledged to ... 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 »
HONG KONG (Reuters) – In Hong Kong, when the tempo of traffic-light signals accelerates to about 800 ticks a minute, visually impaired residents know they can safely cross the road. But over the past six months of unrest, many streets have lost their beat. Ant... 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) – Britain’s vast financial services industry will lose more jobs to Europe over the coming years because of Brexit, the City of London’s policy chief told Reuters, warning people not to be duped by the low number of job moves to the continent ... More »
LONDON (Reuters) – From the pinnacle of the City of London’s largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the British capital remains a master of the international financial universe no matter what happens with Brexit. The 76-year-old ... 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 »
TOKYO (Reuters) – Miyako Shirakawa was a 19-year-old college student when she was raped by an older man. She said that when the attack started, her mind went blank and she froze up. “When I became aware, he was on top of me,” said Shirakawa, 54, now a psychiat... 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 »
PARIS (Reuters) – When the founder of France’s Qwant search engine went to his local tax office to catch up on business, an agent there had to look up the firm using U.S. rival Google. When she did, Qwant’s home page was blocked – by the government tax office’... 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 »
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 »
SEOUL (Reuters) – The golden doors on the stately North Korean building swung open and leader Kim Jong Un, in a black Mao suit and surrounded by a gaggle of officials, descended the steps toward the border. Not since the 1950-53 Korean War had a North Korean l... 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 »
KANE COUNTY, Ill. (Reuters) – Lucas Strom, who runs a century-old family farm in rural Illinois, canceled an order to buy a new $71,000 grain storage bin last month – after the seller raised the price 5 percent in a day. The reason: steel prices jumped right a... More »
HOSSZUHETENY, Hungary (Reuters) – The pre-election fanfare over Hungary’s stellar growth and surging wages hardly registers with Laszlo Reisch, an employee in a government works program who is stuck on the wrong side of a growing social divide. Prime Minister ... More »
FILE PHOTO: A surgery nurse is seen beside the heart beat monitor in the operating theatre of the Unfallkrankenhaus Berlin (UKB) hospital in Berlin, Germany February 29, 2008. REUTERS/Fabrizio Bensch /File Photo LONDON (Reuters) – Drugmakers are racing to scoo... 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 »
A worker collects cuttings from a marijuana plant at the Canopy Growth Corporation facility in Smiths Falls, Ontario, Canada, January 4, 2018. REUTERS/Chris Wattie TORONTO (Reuters) – Canopy Growth Corp, one of the world’s biggest medical marijuana producers, ... 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 »
A shortage of nurses at U.S. hospitals hit West Virginia's Charleston Area Medical Center at the worst possible time. 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 »
German Chancellor and leader of the conservative Christian Democratic Union party CDU Angela Merkel and German Finance Minister Wolfgang Schaeuble (R) attend the CDU party convention in Essen, Germany, December 7, 2016. Wolfgang Schaeuble has won his parliamen... 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 »
The Palmer amaranth weed is pictured in Harrison County, Iowa, United States in this undated handout photo obtained by Reuters March 31, 2017. Bob Hartzler/Iowa State University/Handout via REUTERS A U.S. government program designed to convert farmland to wild... 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 »
The Dutch fishing village of Volendam hardly seems like a hotbed of discontent: tidy, prosperous, little crime or unemployment. Yet a third of its voters are likely to back anti-immigrant nationalist Geert Wilders in the March 15 general election. 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: The new Land Rover Discovery 7 is displayed on media day at the Paris auto show, in Paris, France, September 30, 2016. REUTERS/Benoit Tessier/File Photo Each aluminum Land Rover body that rolls along the production line at Solihull carries a length... 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 »
FILE PHOTO — A 2018 Chevrolet Bolt EV is displayed during the North American International Auto Show in Detroit, Michigan, U.S., January 9, 2017. REUTERS/Rebecca Cook/File Photo Electric cars will pick up critical momentum in 2017, many in the auto industry be... 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 »
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 »
LONDON As hedge fund manager Buford Scott sat at home, watching the TV in shock as it emerged Britain had voted to leave the European Union, his computer-based trading models were quietly boosting his business by 1.5 percent. Scott’s algorithm-driven fund, and... 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 »
At an early 2015 investor conference, SunEdison’s then-chief financial officer, Brian Wuebbels, trumpeted the profit potential in the solar developer’s relationship with a venture it had recently spun off. SunEdison had established TerraForm Power Inc as a “yi... 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 »
