Economic News

By Alessandro Parodi (Reuters) – The number of temporary protection status permits issued to Ukrainians in the European Union dropped in most member states in February, the bloc’s statistics institute Eurostat said on Monday.

(Reuters) – Merck & Co expects a research-and-development charge of about $10.3 billion, or $4 per share, this year as the drugmaker accounts its deal for Prometheus Biosciences Inc as an asset acquisition, CFO Caroline Litchfield said.

By Nelson Acosta HAVANA (Reuters) – Cuban President Miguel Diaz-Canel is widely expected to be chosen this week by assembly lawmakers to lead the country for another five years, despite a rocky first term marked by the coronavirus pandemic and a near-unprecedented economic crisis.

WILMINGTON, Del (Reuters) – Dominion Voting Systems’ $1.6 billion defamation trial against Fox will proceed with jury selection starting on Tuesday, a judge announced on Monday.

By Stephen Nellis (Reuters) – Adobe Inc on Monday said it plans to introduce new artificial intelligence (AI) features into its video editing software used by the film and television industries.

By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear a bid by Sanofi SA to revive its antitrust lawsuit accusing rival pharmaceutical company Viatris Inc of illegally monopolizing the market with its EpiPen auto-injector, a device used to treat severe

By Andrew Chung WASHINGTON (Reuters) – An evangelical Christian former mail carrier’s fight with the U.S. Postal Service over his refusal to work on Sundays gives the Supreme Court another chance to widen religious rights but also has led to a debate over whether religious people

By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England likely has one more hike in its tightening cycle but it was a close call for a final quarter-point rate lift in May, according to a Reuters poll of economists who said the bigger risk was

By Carolina Mandl NEW YORK (Reuters) – Big global money managers got rid of a high volume of Chinese equities in recent days, while adding U.S. energy shares to portfolios at a near-record pace, according to a Goldman Sachs report.

LONDON (Reuters) – Britain’s King Charles and his wife Camilla have picked a recipe for “Coronation Quiche” for celebrations to be held next month when they are crowned, Buckingham Palace said on Monday.

ROME (Reuters) – Almost 2 tonnes of cocaine with a market value of more than 400 million euros ($440 million) were found floating at sea off eastern Sicily, Italy’s tax and customs police said on Monday.

ERBIL (Reuters) – Ukraine’s foreign minister visited Iraq on Monday for the first time since Russia’s invasion, seeking diplomatic support from the Middle East where Moscow has been cultivating friends.

ANKARA (Reuters) – At least 133,000 people affected by February’s devastating earthquakes in southern Turkey will vote outside their home towns, the head of the country’s High Election Board (YSK) said on Monday.

(Reuters) – State Street Corp reported a first-quarter profit on Monday that missed analysts’ estimates, hurt by a fall in fee income due to the recent U.S. banking crisis, sending the company’s shares down 10% in premarket trading.

By Pavel Polityuk KYIV (Reuters) – Kyiv said on Monday a U.N.-brokered initiative allowing the safe Black Sea export of Ukrainian grain was in danger of “shutdown” after Russia blocked inspections of participating ships in Turkish waters.

By Akash Sriram (Reuters) – Tesla Inc’s first-quarter margins are anticipated to have hit a more than three-year low as the electric-vehicle maker slashed prices to lure more buyers in the face of rising competition and a weak economy.

By Humeyra Pamuk and Sakura Murakami TOKYO (Reuters) – Foreign ministers from the Group of Seven nations agree on the need to stand up to any Chinese “coercion” or efforts to exert control in the Taiwan Strait, a senior U.S. State Department official said, amid increased

By Jibran Ahmad PESHAWAR, Pakistan (Reuters) – A Chinese worker was charged with blasphemy in northern Pakistan after angry workers surrounded his office accusing him of insulting the Prophet Mohammad, then stormed a police station to try to find him, officials said.

By Greg Torode HONG KONG (Reuters) – Hong Kong’s top Catholic cleric is due to arrive in Beijing on Monday on the first visit to the Chinese capital by a bishop of the former British colony in nearly 30 years, despite signs of new Sino-Vatican tension.

By Tetsushi Kajimoto and Kaori Kaneko TOKYO (Reuters) – The Bank of Japan is considering a projection for consumer prices for the 2025 fiscal year to rise 1.6-1.9%, the Jiji news agency reported on Monday, in a move seen to keep market players from betting on