By Raphael Satter WASHINGTON (Reuters) -Okta said on Wednesday hundreds of its customers may have been affected by a security breach involving hacking group Lapsus$, amid criticism of the digital authentication firm’s slow response to the intrusion tha…
Ethiopian Airlines CEO resigns over health issues
By Dawit Endeshaw ADDIS ABABA (Reuters) -Ethiopian Airlines CEO Tewolde Gebremariam, who transformed the airline into Africa’s biggest carrier, said on Wednesday he had resigned to focus on his medical treatment. In an internal memo to employees seen b…
Dollar climbs, euro dips, as Biden brings sanctions plan to Europe
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar climbed on Wednesday while the euro weakened as oil prices shot higher again with U.S. President Joe Biden poised to announce, alongside European leaders, new sanctions against Russia during his trip…
UK’s Sunak tries to ease cost-of-living hit with tax cuts
By David Milliken, William Schomberg and Andy Bruce LONDON (Reuters) -British finance minister Rishi Sunak cut fuel duty and softened some of a looming payroll tax increase on Wednesday as he sought to alleviate a severe cost-of-living squeeze against …
Sterling eases amid resilient growth and surging prices
LONDON (Reuters) -Sterling drifted lower against the dollar on Thursday as data showing resilient British business activity in March failed to prop up the currency for which traders are now anticipating a slower pace of monetary tightening by the Bank …
Tennis-‘I am spent’: World number one Barty goes out on top
By Ian Ransom MELBOURNE (Reuters) – Ash Barty sent shockwaves around the tennis world on Wednesday when she abruptly announced her retirement at the peak of her game and just two months after claiming a third Grand Slam title at the Australian Open. Ci…
One black box from crashed China jet found; U.S. invited to investigation
By Martin Quin Pollard WUZHOU, China (Reuters) -Chinese emergency workers found on Wednesday one of two black boxes from a China Eastern Airlines plane that crashed this week with 132 people onboard, and the United States said its investigators had bee…
Ukraine president says he received assurances from UK’s Johnson
LVIV, Ukraine (Reuters) – Ukrainian President Volodymyr Zelenskiy on Wednesday said he had spoken with British Prime Minister Boris Johnson, who had assured his support for Ukraine ahead of NATO, G7 and EU summits. “Received assurances of his (Johnson’…
Broker TP ICAP shares jump 11% after U.S. hedge fund urges sale
(Reuters) – Shares of the world’s largest inter-dealer broker TP ICAP jumped as much as 11% on Wednesday after U.S. hedge fund Phase 2 Partners asked the British company to explore a sale. Phase 2 Partners, which holds 7.7 million shares in the TP ICAP…
Wall Street pulls back on stocks, Treasury yields dip
By Lawrence Delevingne, Saikat Chatterjee and Tommy Wilkes BOSTON/LONDON (Reuters) -Wall Street took a breath on Wednesday, pushing stocks and Treasury yields down after both had powered higher earlier in the week as investors took in the strength of t…