Belgian arms dealer tangles with minister over tanks for Ukraine

Belgian arms dealer tangles with minister over tanks for Ukraine

TOURNAI, Belgium, Feb 1 (Reuters) – Freddy Versluys doesn’t like being called an arms dealer. But he has a big warehouse full of used tanks for sale. Standing next to dozens of German-made Leopard 1 tanks and other military vehicles in the cold warehouse in eastern Belgium, Versluys pointed out that he was the CEO … Read more

Exclusive: Electric vehicle maker Rivian to cut 6% of jobs amid price war – internal memo

Exclusive: Electric vehicle maker Rivian to cut 6% of jobs amid price war – internal memo

SAN FRANCISCO, Feb 1 (Reuters) – Rivian Automotive (RIVN.O) is laying off 6% of its workforce in a bid to cut costs as the electric vehicle maker, already struggling with dwindling cash reserves and an economy weak, is preparing for a full-scale industry-price war. The company is focusing its resources on ramping up vehicle production … Read more

Erdogan says Turkey favors Finland’s NATO bid, not Sweden’s

Erdogan says Turkey favors Finland’s NATO bid, not Sweden’s

ANKARA, Feb 1 (Reuters) – Turkey views Finland’s application for NATO membership positively, but does not support Sweden’s bid, Turkish President Tayyip Erdogan said on Wednesday. “Our position on Finland is positive, but it is not on Sweden,” Erdogan said of their NATO bids in a speech to his AK party deputies in parliament. Sweden … Read more

UK teachers and civil servants join biggest strikes in years on ‘Walkout Wednesday’

UK teachers and civil servants join biggest strikes in years on ‘Walkout Wednesday’

Up to 500,000 people expected to join UK strikes Government says steep pay rises will fuel inflation Schools will close, most trains will not run More strikes involving health workers planned for next week LONDON, Feb 1 (Reuters) – Up to half a million British teachers, civil servants, train drivers and university professors walked off … Read more

Gautam Adani loses Asia’s richest crown as stock rout worsens to $84bn

Gautam Adani loses Asia’s richest crown as stock rout worsens to bn

BENGALURU, Feb 1 (Reuters) – Indian tycoon Gautam Adani lost his title as Asia’s richest person on Wednesday as the rout of his conglomerate’s biggest companies worsened to $84 billion following a a report on short sellers. A Hindenburg Research report last week alleged the group’s misuse of offshore tax havens and stock manipulation, as … Read more

‘Hands off Africa,’ Pope Francis tells the rich world

‘Hands off Africa,’ Pope Francis tells the rich world

Pope begins trip to DR Congo and South Sudan François meets the victims of the war in the Congo Trip postponed from July due to Pope’s knee disease KINSHASA, Jan 31 (Reuters) – Pope Francis denounced the “poison of greed” driving conflict in Africa as he began a visit to the Democratic Republic of Congo … Read more

Russia continues its Donetsk campaign; Ukraine wants fighter jets

Russia continues its Donetsk campaign;  Ukraine wants fighter jets

The city of Bakhmut comes under new fire – The Ukrainian army Zelenskiy talks to senior defense officials US prepares $2.2 billion arms package for Ukraine KYIV, Feb 1 (Reuters) – Russian forces are gradually gaining ground in eastern Ukraine’s Donetsk province, focusing on the town of Bakhmut, north of the regional capital. After finally … Read more

Western allies diverge on jets for Ukraine as Russia claims gains

Western allies diverge on jets for Ukraine as Russia claims gains

Biden says ‘no’ when asked about F-16s for Ukraine Zelenskiy says Moscow is looking for ‘big revenge’ A Russian administrator claims a foothold in Vuhledar Kyiv could regain ground as Western weapons arrive – group KYIV, Jan 31 (Reuters) – Ukraine’s defense minister is expected in Paris on Tuesday to meet President Emmanuel Macron amid … Read more

In diplomatic coup, Taiwanese president holds talks with Czech president-elect

In diplomatic coup, Taiwanese president holds talks with Czech president-elect

Pavel won the Czech presidential election on Saturday Taiwan’s Pavel and Tsai highlight shared values ​​on call China opposes other countries dealing with Taiwan Beijing sees Taiwan as a renegade province TAIPEI/PRAGUE, Jan 30 (Reuters) – Taiwanese President Tsai Ing-wen held a phone call with Czech President-elect Petr Pavel on Monday, a highly unusual move … Read more

US court rejects J&J’s bankruptcy strategy for thousands of talc lawsuits

US court rejects J&J’s bankruptcy strategy for thousands of talc lawsuits

Jan 30 (Reuters) – A U.S. appeals court on Monday dismissed an attempt by Johnson & Johnson (JNJ.N) to offload tens of thousands of lawsuits over its talc products in bankruptcy court. The ruling marked the first major repudiation of an emerging legal strategy that could upend US corporate liability law. J&J is among four … Read more