MOSCOW (Reuters) -Here is a look at how U.S. sanctions on Russian oil firms Rosneft and Lukoil, which take effect at 1701 GMT on Friday, may affect the Russian foreign currency market. Ahead of the deadline, the rouble was strengthening on reports about a U.S.-drafted plan to end the war in Ukraine, which if implemented,…
By Timothy Gardner WASHINGTON (Reuters) -The Trump administration said on Tuesday it has loaned Constellation Energy Corp $1 billion to restart its nuclear reactor at a Pennsylvania plant formerly known as Three Mile Island. Constellation signed a deal in late 2024 with Microsoft to restart the 835-megawatt reactor, which shut in 2019, and which would…
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By Stephen Culp NEW YORK (Reuters) -Wall Street stocks closed sharply higher on Friday as rising expectations of a December interest rate cut by the Federal Reserve offset concerns over lofty tech valuations. A broad rally started gathering momentum by late morning, pushing all three major U.S. stock indexes to substantial gains on the day….
(Reuters) -Eli Lilly said on Friday it plans to roll out an employer-focused obesity care model early next year, aiming to expand access to its blockbuster weight-loss drug through partnerships with third-party firms. The program would give employers flexible cost-sharing options and integrate clinical support, Lilly said, bypassing traditional drug sales channels. “Obesity care is…
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By Susana Vera and Emma Pinedo VEGAS DE MATUTE, Spain (Reuters) -Jose Luis Cubo watched as forensic scientists dug up the body of a man his grandfather had helped to bury at the start of the Spanish Civil War in 1936 after an execution by fascist forces. The remains pulled from a muddy pit in…
(Reuters) -Apple is stepping up its succession planning efforts as it prepares for Tim Cook to step down as chief executive of the tech giant as soon as next year, the Financial Times reported on Friday. John Ternus, Apple’s senior vice president of hardware engineering, is widely seen as Cook’s most likely successor, the FT…
GENEVA (Reuters) -United Nations Secretary-General Antonio Guterres on Tuesday called the passing of a U.S.-backed resolution on Gaza an important step in the consolidation of the ceasefire, in a statement sent to reporters. The UN Security Council on Monday voted to adopt a U.S.-drafted resolution endorsing President Donald Trump’s plan to end the war in…
By Susana Vera and Emma Pinedo VEGAS DE MATUTE, Spain (Reuters) -Jose Luis Cubo watched as forensic scientists dug up the body of a man his grandfather had helped to bury at the start of the Spanish Civil War in 1936 after an execution by fascist forces. The remains pulled from a muddy pit in…
