Economic News

JOHANNESBURG (Reuters) – South Africa needs to urgently fix energy, transport and security challenges if it is to reverse souring investor sentiment, executives said on Thursday as President Cyril Ramaphosa targets 2 trillion rand ($111 billion) in new investments over the next five years.

By Valerie Insinna WASHINGTON (Reuters) – Boeing has paused deliveries of some 737 MAXs as it grapples with a new supplier quality problem involving noncompliant fittings, the company disclosed on Thursday.

By Blake Brittain (Reuters) – Alphabet’s Google received a mixed ruling on Thursday from a San Francisco federal judge in a patent lawsuit brought by Sonos Inc over wireless audio technology, failing to invalidate all of the patents before a trial but narrowing Sonos’ claims.

SAN FRANCISCO (Reuters) – Electric vehicle (EV) startup Faraday Future Intelligent Electric on Thursday pushed back initial deliveries of its flagship FF 91 Futurist by another two months, saying they would depend on “substantial additional financing”.

By Sheila Dang (Reuters) – Twitter-owner Elon Musk has said advertisers are returning to the social media platform, but statements from several companies and data from research firms suggest a bounce-back is not happening so fast.

By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Thursday said Donald Trump’s defamation trial over whether he raped a writer in the mid-1990s will begin as scheduled on April 25, rejecting the former president’s bid for a delay but letting him learn more

By David Shepardson WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) said Thursday it may delay some space launches to minimize disruption to commercial air travel and provide “equitable” access to airspace near launch sites.

By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Senior officials from the United States, Europe and Britain met on Thursday with financial institutions to brief them on efforts by Russia to evade Western sanctions imposed over its invasion of Ukraine, a senior U.S. Treasury official

By Evan Garcia and Brad Brooks LLANO, Texas (Reuters) – A rural Texas county’s public libraries will remain open while a court battle continues over whether local officials can remove books deemed inappropriate, commissioners decided on Thursday.

(Reuters) – Credit Suisse Group AG has hired BlackRock Inc to help sell a portfolio of structured bonds for the Swiss bank, Bloomberg News reported on Thursday.

NEW YORK (Reuters) – A Washington, D.C., appeals court on Thursday refused to decide whether Donald Trump can be shielded from a defamation lawsuit by E. Jean Carroll, a writer who said the former U.S. president raped her nearly three decades ago.

By Jorgelina do Rosario and Rodrigo Campos

By Julia Harte (Reuters) – U.S. telehealth abortion providers scrambled on Thursday to keep their services available after a federal appeals court ruled that the abortion pill mifepristone could be distributed amid ongoing litigation but with significant restrictions.

By Karen Freifeld (Reuters) – Former President Donald Trump is due back in New York to be questioned Thursday in a $250 million civil fraud lawsuit against him by the state’s attorney general, according to a person familiar with the matter.

By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court on Thursday refused to halt a legal settlement that would erase more than $6 billion in debt owed by former students of colleges – many of them for-profit institutions – who have said they were misled by schools about academics and

By Kanishka Singh WASHINGTON (Reuters) – The city of Minneapolis on Thursday settled two lawsuits brought by Black residents involving Derek Chauvin, the white former police officer convicted of murdering George Floyd, that alleged he had dealt with them similarly in the past.

By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan has completed all requirements to receive critical bailout money from the International Monetary Fund (IMF), the country reiterated following a meeting with the lender on Thursday.

By David Kirton and Ellen Zhang SHENZHEN, China (Reuters) – China’s largest trade expo, the sprawling Canton Fair, will be welcoming overseas attendees in person for the first time in three years from Saturday, but a soft outlook for global growth is expected to dampen the

By Suleiman Al-Khalidi AMMAN (Reuters) – Jordan said ahead of a meeting on Friday to discuss Syria’s readmission to the Arab League it was pushing a joint Arab peace plan that could end the devastating consequences of the over decade old Syrian conflict, according to a

By Arriana McLymore NEW YORK (Reuters) – E-retail giant Amazon is facing 18 shareholder proposals, beating its 2022 record of 15 proposals, as environmental, social and governance (ESG)-focused investors push for more changes in the company, according to Amazons’ proxy statement released on Thursday.