By Mike Spector and David Shepardson NEW YORK/WASHINGTON (Reuters) – The U.S. business of Fiat Chrysler Automobiles has agreed to plead guilty to criminal conduct and pay roughly $300 million in penalties to resolve a multi-year emissions fraud probe s…
Dollar rises as Fed minutes confirm near-term rate hike expectations
By John McCrank NEW YORK (Reuters) – The U.S. dollar rose on Wednesday, holding most of its earlier gains after minutes from the Federal Reserve’s May meeting showed that most participants believed half-percentage-point rate increases would likely be a…
World Bank’s Malpass says war in Ukraine may trigger global recession
WASHINGTON (Reuters) -World Bank President David Malpass on Wednesday suggested that Russia’s war in Ukraine and its impact on food and energy prices, as well as the availability of fertilizer, could trigger a global recession. Malpass told an event ho…
Cricket-ICC awards ODI status to five associate women’s teams
(Reuters) – The associate women’s teams of the Netherlands, Papua New Guinea, Scotland, Thailand and the United States were awarded one-day international status by the International Cricket Council (ICC) on Wednesday. “Awarding ODI status to five addit…
Talk to Ukraine about ports, not us, says Russia ahead of U.N. talks in Moscow
By Michelle Nichols UNITED NATIONS (Reuters) – A senior U.N. official is due to visit Moscow in the coming days to discuss reviving fertilizer exports, Russia’s U.N. Ambassador Vassily Nebenzia said on Wednesday, stressing that the talks were not linke…
Twitter investors vote against re-electing Elon Musk ally to board
By Sheila Dang (Reuters) – Twitter Inc investors blocked the re-election of an ally of Elon Musk to the board at an annual meeting on Wednesday that avoided the biggest question for the social media company: will it complete a $44 billion sale to the b…
Ukraine and Russia: What you need to know right now
(Reuters) – Ukrainian forces were holding their positions in intense street fighting and under day and night shelling in Sievierodonetsk, officials said, as Russia pushes to control the bombed-out city, key to its objective of controlling eastern Ukrai…
Spain to buy monkeypox vaccine as cases reach 55
MADRID (Reuters) – Spain will buy monkeypox vaccine, the health minister said on Wednesday, as the number of cases in the country reached 55. Health Minister Carolina Darias said the government would purchase Imvanex vaccine, which is made by the Danis…
IMF’s Georgieva: ‘Trend of fragmentation is strong’
By Dan Burns DAVOS, Switzerland (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Wednesday said she worries less about the risk that the war in Ukraine and a further slowdown in China might trigger a global recession th…
Russian hackers are linked to new Brexit leak website, Google says
By Raphael Satter, James Pearson and Christopher Bing WASHINGTON/LONDON (Reuters) – A new website that published leaked emails from several leading proponents of Britain’s exit from the European Union is tied to Russian hackers, according to a Google c…