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PANAMA CITY (Reuters) – At least 33 have died in Panama after a bus carrying more than 60 migrants fell of a cliff early on Wednesday, an official from the country’s migration authorities have said. (This story has been corrected to fix the spelling of Panama in the headline) (Reporting by Eli Moreno and Natalia …

At least 33 migrants die in Panama bus crash -official Read More »

(Reuters) – A U.S. bankruptcy judge on Wednesday denied calls for a new, independent investigation into the collapse of crypto exchange FTX, saying that the proposed investigation would be redundant to other investigations being carried out by FTX’s new management and law enforcement. (Reporting by Dietrich Knauth)

By Manas Mishra (Reuters) -Biogen Inc Chief Executive Officer Christopher Viehbacher said on Wednesday he is banking on high-profile launches of Alzheimer’s disease treatment Leqembi and depression drug zuranolone, as well as deals, to help the company return to revenue growth. Industry veteran Viehbacher joined the U.S. biotech in November, at a time when sales …

Biogen CEO bets on Alzheimer’s drug, pipeline to return to growth Read More »

By Mimosa Spencer PARIS (Reuters) -French luxury group Kering is creating a position at the group level to oversee “brand safety” after a backlash from a Balenciaga advertising campaign dented sales in the final weeks of 2022. A series of high-profile public relations embarrassments, including the split between Adidas and rapper and fashion designer Ye, …

Kering to name ‘brand safety’ boss after Balenciaga ad uproar Read More »

By Rodrigo Campos NEW YORK (Reuters) – Emerging market equities and debt attracted the largest monthly net inflow in January in two years as better conditions allowed for blockbuster debt issuance while upbeat sentiment funneled cash toward Chinese stocks, the Institute of International Finance said on Wednesday. The January figure of $65.7 billion net inflows …

January flows to emerging markets largest in two years – IIF Read More »

(Reuters) -Ford Motor Co can save up to $2.5 billion this year through better management of production schedules and due to a drop in commodity prices, Chief Financial Officer John Lawler said on Wednesday. The Detroit automaker, however, will take years to close the cost disadvantage of $7 billion to $8 billion it has with …

Ford eyes up to $2.5 billion in cost savings this year Read More »

(Reuters) – The Biden administration on Wednesday outlined long-awaited rules for electric charging stations as part of a $7.5 billion federal government program, a bid to jump-start the country’s adoption of electric vehicles (EVs). Here are the terms and acronyms you need to know to understand the booming EV charger market. LEVEL UP EV chargers …

Factbox-CCS? CHAdeMO? EV charger terms you need to know Read More »

By Dan Burns (Reuters) – Confidence among U.S. single-family homebuilders improved for a second straight month in February – and by much more than economists had anticipated – in a fresh signal the housing market was turning a corner after last year’s huge slump. The National Association of Home Builders on Wednesday said its NAHB/Wells …

U.S. home builder confidence extends rebound in February, NAHB says Read More »

By Lindsay DeDario and Tyler Clifford BUFFALO (Reuters) – The avowed white supremacist who confessed to fatally shooting 10 Black people last year at a western New York grocery store faces a life sentence without the possibility of parole for the attack when he appears in state court on Wednesday. Payton Gendron, 19, pleaded guilty …

Gunman in racist Buffalo shooting faces life without parole at sentencing Read More »