By Fatos Bytyci PRISTINA, Dec 28 (Reuters) – Kosovo Prime Minister Albin Kurti said he will swiftly form a new government after his party won half the votes in Sunday’s election, signalling a possible end to the year-long political deadlock that has paralysed parliament and delayed key international funding. The vote is the second this…
By Juveria Tabassum Dec 29 (Reuters) – Lululemon Athletica’s founder Chip Wilson said on Monday he had launched a proxy fight by nominating three independent directors to the company’s board, just over two weeks after the apparel maker announced the exit of CEO Calvin McDonald without a clear successor. Lululemon shares have shed nearly half…
Dec 29 (Reuters) – Nvidia has purchased Intel shares worth $5 billion, the American semiconductor firm said in a filing on Monday, carrying out a transaction announced in September. The leading AI chip designer said in September it would pay $23.28 per share for Intel common stock, in a deal that is seen as a…
PALM BEACH, Florida, Dec 29 (Reuters) – U.S. President Donald Trump on Monday renewed his threat to bring a lawsuit against Federal Reserve Chair Jerome Powell for what he called “gross incompetence” related to Powell’s management of renovations at the Fed’s Washington headquarters. Speaking to reporters in Florida, Trump also said he plans to announce…
WASHINGTON, Dec 15 (Reuters) – The U.S. Southern Command said on Monday that it carried out strikes on three vessels in international waters, killing eight men. “Intelligence confirmed that the vessels were transiting along known narco-trafficking routes in the Eastern Pacific and were engaged in narco-trafficking,” the military said in a post on X. The…
By David Shepardson WASHINGTON, Dec 15 (Reuters) – The Federal Aviation Administration is taking action after a collision between an American Airlines regional jet and an Army helicopter that killed 67 people in January exposed flaws in safety oversight, the agency’s head will tell Congress on Tuesday. “The DCA (Reagan Washington National Airport) accident was a…
By Jason Lange WASHINGTON, Dec 16 (Reuters) – President Donald Trump’s approval rating slipped in recent days to nearly its lowest level of his current term as voters from his Republican Party soured on his handling of the economy, according to a new Reuters/Ipsos poll. The three-day survey, which concluded on Sunday, showed 39% of…
By Puyaan Singh and Michael Erman Dec 16 (Reuters) – Pfizer said on Tuesday the next few years will be bumpy, beginning with 2026, due to lower sales of its COVID vaccine and treatment, price cuts promised to the U.S. government, and the expiration of patents on key drugs. The stock fell 5.2% on Tuesday….
By Abigail Summerville Dec 11 (Reuters) – Apollo Global Management is exploring options, including a sale or initial public offering, for Invited that could value the operator of golf and membership clubs at more than $3 billion including debt, according to sources familiar with the matter. Investment banks JPMorgan and Wells Fargo are working on…
Dec 10 (Reuters) – Federal Reserve Chair Jerome Powell said Wednesday that the current overshooting of the central bank’s 2% inflation target is mostly the result of President Donald Trump’s import tax hikes. “It’s really tariffs that are causing the most of the inflation overshoot,” Powell said after the latest Fed meeting, reiterating his expectation…
