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Russian ex-President Medvedev says Japanese PM should disembowel himself

(Reuters) – Former Russian President Dmitry Medvedev accused Japanese Prime Minister Fumio Kishida on Saturday of shameful subservience to the United States and suggested he should ritually disembowel himself. It was the latest in a long line of shocking and provocative statements from Medvedev, who was once seen as a Western-leaning reformer but has reinvented …

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Ex-prime minister Babis takes lead in Czech presidential election

By Jan Lopatka PRAGUE (Reuters) – Former prime minister Andrej Babis took the lead in the first round of the Czech presidential election on Saturday ahead of a retired general who served in a high NATO post, partial results showed. The post does not carry executive authority but has significant powers in appointing prime ministers, …

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Top U.S. lawmaker objects to potential F-16 sale to Turkey

By Humeyra Pamuk, Patricia Zengerle and Mike Stone WASHINGTON (Reuters) -The Biden administration has told Congress it is preparing the potential $20 billion sale of F-16 fighter jets to Turkey, sources familiar with the matter said on Friday, sparking an immediate objection from a senior U.S. lawmaker who has long opposed the deal. The State …

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Rising California river could cut off some homes as storms resume

By Sharon Bernstein and Nathan Frandino SALINAS, Calif. (Reuters) – California’s Salinas River began creeping over its banks on Friday morning, flooding roads leading to nearby communities where 24,000 people were urged to evacuate in the face of yet another in a series of storms that have pelted the state. Farmers worked feverishly to erect …

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Brazil’s Americanas could face up to $8 billion early debt charges after accounting scandal, court warns

By Rodrigo Viga Gaier and Tatiana Bautzer RIO DE JANEIRO/SAO PAULO (Reuters) -A Brazilian court said on Friday Americanas SA could be liable to repay up to 40 billion reais ($7.9 billion) in debt earlier than planned, if the retailer is found in breach of covenant after reporting “accounting inconsistencies.” A group representing minority shareholders …

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S&P 500 ends at highest in month, indexes gain for week as earnings kick off

By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 and Nasdaq finished at their highest levels in a month on Friday, with shares of JPMorgan Chase and other banks rising following their quarterly results, which kicked off the earnings season. All three major indexes also registered strong gains for the week, leaving the S&P …

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Russia claims capture of Ukraine’s Soledar, but Kyiv says still fighting

By Pavel Polityuk KYIV (Reuters) -Russia said on Friday that its forces had taken control of Soledar in eastern Ukraine, in what would be a rare success for Moscow after months of battlefield reverses, but Kyiv said its troops were still fighting in the town. Reuters could not immediately verify the situation in Soledar, a …

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Tesla turns up heat on rivals with global price cuts

By Hyunjoo Jin, Victoria Waldersee and Zoey Zhang (Reuters) – Tesla Inc has slashed prices globally on its electric vehicles by as much as 20%, extending an aggressive discounting effort and challenging rivals after missing Wall Street delivery estimates for 2022. The move marks a reversal from the automaker’s strategy over the last two years …

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Cautious China approves GMO alfalfa import after decade-long wait

By Dominique Patton and Tom Polansek (Reuters) -China approved imports of eight genetically modified (GM) crops, permitting shipments of GM alfalfa for the first time after a decade-long wait, the country’s agriculture ministry said on Friday. Global seed makers and the U.S. government welcomed the decision after Beijing’s slow approval process disrupted grain exports and …

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Meme stocks start 2023 on high note, though ride is a bumpy one

By Medha Singh and David Randall (Reuters) -Resurgent risk appetite among some investors is fueling rallies in the shares of so-called meme stocks this month after a crushing year for equities, though many analysts are skeptical the most recent moves will last. The volatility often associated with meme stocks has been on display this week. …

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