By Joyce Lee and Heekyong Yang SEOUL (Reuters) – Samsung Electronics Co Ltd on Thursday reported a 50% jump in quarterly operating earnings to post its highest first-quarter profit since 2018, as solid demand underpinned prices for memory chips. The wo…
Airbus, Qatar jetliner feud enters UK court spotlight
By Tim Hepher LONDON (Reuters) – Airbus and Qatar Airways are set to face each other in court as a dispute over billions of dollars of jets enters a theatrical phase and rattles some airline leaders. The Gulf carrier will on Thursday ask a UK judge to …
Lithuania’s Nord Security raises $100 million at $1.6 billion valuation
STOCKHOLM (Reuters) – Nord Security, the company behind NordVPN, said on Thursday it has raised $100 million in its first external investment round from Novator Ventures, Burda Principal Investments and General Catalyst at a valuation of $1.6 billion. …
Ukraine and Russia: What you need to know right now
(Reuters) – Ukrainian President Zelenskiy called on Western politicians to quickly agree on an embargo of Russian oil, complaining that their failure to do so was costing Ukrainians their lives. Zelenskiy also said Russian banks should be completely bl…
Ukraine’s Zelenskiy: Delay on Russia oil embargo decision is costing lives
(Reuters) -Ukrainian President Volodymyr Zelenskiy on Thursday called on Western politicians to quickly agree on an embargo of Russian oil, complaining that their failure to do so was costing Ukrainians their lives. In an early morning video address, Z…
U.S. FBI says it disrupted Russian hackers
By Sarah N. Lynch WASHINGTON (Reuters) -The U.S. Federal Bureau of Investigation has wrested control of thousands of routers and firewall appliances away from Russian military hackers by hijacking the same infrastructure Moscow’s spies were using to co…
Rugby-Former Scotland and Lions prop Tom Smith dies at 50
(Reuters) – Former Scotland captain and British and Irish Lions prop Tom Smith has died at the age of 50, Scottish Rugby said on Wednesday. Smith, who was capped 61 times by his country between 1997 and 2005 and played in six tests in a row with the Br…
Rebel Generali investor ready for legal action in case of narrow AGM board defeat
By Carolyn Cohn, Pamela Barbaglia and Valentina Za LONDON (Reuters) -A rebel investor in Generali could mount a legal challenge if his bid to appoint new top executives at Italy’s largest insurer loses by a narrow margin in a shareholder vote this mont…
Convoy of more than 1,000 people reaches Zaporizhzhia in Ukraine -ICRC
ZURICH (Reuters) – An International Committee of the Red Cross (ICRC) team has led a convoy of buses and private cars carrying more than 1,000 people to Zaporizhzhia after the civilians fled the besieged Ukrainian town of Mariupol on their own, the ICR…
IEA confirms 120 million barrel oil release with U.S.
LONDON (Reuters) – The International Energy Agency on Wednesday said its member countries had agreed to release 120 million barrels of oil, with the United States contributing half, in a bid to cool oil prices after Russia’s invasion of Ukraine. “The @…