The U.S.' largest meat processor's quarterly profit shot up sharply, but it missed analysts' targets. Fred Katayama reports.
He spoke early Thursday during a stop in New York.
The Supreme Court considers Donald Trump’s assertion of total immunity from criminal charges over his attempt to overturn the 2020 election results.
Madrid's prosecuting authority said on Thursday it had requested the dismissal of a corruption case against Spain's Prime Minister Pedro Sanchez's wife that prompted him to announce he is considering resigning. The authority said it was appealing Wednesday's decision by a Madrid court to look into a private complaint laid by anti-corruption activists against Begona Gomez over alleged influence peddling and business corruption. The Spanish anti-graft group behind the complaint, Manos Limpias (Clean Hands), said earlier it had based its suit on media reports and could not vouch for their veracity.
Green NGOs have accused the Asian Development Bank of indirectly financing coal plants in Indonesia through a $600 million loan despite promises to no longer fund projects tied to the fossil fuel, according to a new report."Publicly funded institutions like the Asian Development Bank must include robust coal exclusions in contracts... in order to end coal finance for good," said Daniel Willis, finance campaigner at NGO Recourse.
A Palestinian civil defence team on Thursday called on the United Nations to investigate what it said were war crimes at a Gaza hospital, saying nearly 400 bodies were recovered from mass graves after Israeli soldiers departed the complex. "There are cases of field execution of some patients while undergoing surgeries and wearing surgical gowns at the Nasser Medical Complex," the civil defence forces said at a press conference, without presenting any evidence. Palestinian authorities have this week reported finding hundreds of bodies in mass graves at Nasser hospital, the main medical facility in central Gaza, after Israeli troops pulled out of the city of Khan Younis.
Weakness in smaller discretionary projects affected the consulting segment, but analysts at J.P.Morgan said the backlog could help reaccelerate the business through 2024. "Although software acceleration is encouraging, this was offset by more significant-than-expected deterioration of Consulting, along with incremental FX headwinds expected for the rest of the year," analysts at J.P.Morgan said. IBM's software business grew 5.5% in the quarter and the company announced a $6.4 billion deal to buy cloud software company HashiCorp, aiming to make the most of an AI-led boom in demand for the data storage capabilities of the cloud.
Hungary's nationalist prime minister, addressing a conservative conference in Budapest on Thursday, said upcoming European and U.S. elections were a chance for right-wing forces to defeat the “progressive world spirit,” and encouraged former U.S. President Donald Trump to defend “his own truth” in his ongoing criminal trial. Viktor Orbán, a right-wing populist and the European Union's longest-serving leader, told supporters at the Conservative Political Action Conference Hungary that conservatives across the West, including himself and Trump, are under attack by a hegemonic liberal order.
NEW DELHI (Reuters) -New Delhi said on Thursday it does not attach any value to a U.S. State Department report critical of human rights in India, and called it deeply biased. The annual human rights assessment released earlier this week found "significant" abuses in India's northeastern Manipur state last year and attacks on minorities, journalists and dissenting voices in the rest of the country. Asked about it, Indian foreign ministry spokesperson Randhir Jasiwal told journalists on Thursday that the report "as per our understanding, is deeply biased and reflects a very poor understanding of India."
WASHINGTON — Most legal experts say that former President Donald Trump will face deep skepticism at the Supreme Court on Thursday, when the justices will hear arguments on his claim that he is absolutely immune from prosecution on charges of plotting to subvert the 2020 election. Trump would prefer to win, of course. But there are, from his perspective, at least two attractive ways to lose. One involves the timing of the court’s decision, which has received substantial attention given the relati
Chinese car giants locked in a cut-throat price war descended on the capital for the start of the Auto China show Thursday, vying to draw consumers and headlines in the world's biggest electric vehicle market and abroad.Beijing's Auto China show, which lasts until May 4, sees dozens of firms square off in a bid to draw customers at one of the country's biggest car shows.
April 21-27 is National Infertility Awareness Week.
Democratic Republic of Congo is pushing Apple Inc for information about its supply chain over concerns it may be tainted with conflict minerals sourced from the country, international lawyers engaged by Congo said on Thursday. Congo, particularly its eastern region, has been plagued by violence since the 1990s, killing millions as struggles over national identity, ethnicity, and resources saw neighbouring countries invade and a myriad of armed groups spring up. Conflict has arisen over the control of illicit trade in tin and gold as well as in coltan and tantalum - widely used in cell phones and computers - all mined in Congo before being smuggled out through neighbouring Rwanda, Uganda and Burundi.
As they gathered near the guarded gates of Columbia University in upper Manhattan on Tuesday, a hundred or so protesters began to chant: “Disclose, divest, we will not stop, we will not rest.” “Divest” is a demand that has been repeated, on banners, in editorials in student newspapers and during rallies that are sweeping across campuses now gripped by a wave of pro-Palestinian activism. What it actually means has varied in scope, and level of detail. At Yale and Cornell, students have called on
WASHINGTON — The Supreme Court appeared sharply divided Wednesday over whether federal law should allow doctors to perform emergency abortions in states with near-total bans on the procedure, in a case that could determine access to abortion in emergency rooms across the country. The lively, two-hour argument focused on a clash between Idaho, whose law limits access to abortion unless the life of the pregnant woman is in danger, and federal law. Questioning by the justices suggested a divide alo
French police broke up a pro-Palestinian protest by dozens of university students in Paris, officials said Thursday, as Israel's bombardment of Gaza sparks a wave of anger across college campuses in the United States.The protesters demanded that Sciences Po "cut its ties with universities and companies that are complicit in the genocide in Gaza" and "end the repression of pro-Palestinian voices on campus," according to witnesses.
The German parliament voted Thursday to introduce an annual national “veterans' day” to honor people who have served in the military, which often has struggled to gain recognition in the country. The proposal was drawn up by the parties in Chancellor Olaf Scholz's three-party governing coalition together with the main opposition conservative bloc, and was approved by nearly all parties in the Bundestag, parliament's lower house. It says a “veterans' day” should be celebrated “publicly and visibly” every June 15.
Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update waiting in the wings.
Lawyers for Ryan Corbett, an American held by the Taliban for nearly two years without charge, on Thursday sought U.N. help to secure his immediate release, contending that he has been tortured and is suffering physical and mental health problems. The lawyers filed urgent petitions with the Geneva-based U.N. Special Rapporteur on Torture Alice Edwards and the U.N. Working Group on Arbitrary Detention arguing that Corbett's fundamental rights have been violated, justifying U.N. action on his case.
Rock, a candy made in stick shapes, has been synonymous with the British seaside for over a century. Now it’s vanishing because of cheaper Chinese imports.
A diplomatic crisis in Ecuador and uncertainty over Venezuela's political future have divided South American nations and killed enthusiasm for a summit that Brazilian President Luiz Inacio Lula da Silva is trying to convene, diplomats in the region say. Seeking to become a regional leader again, Lula gathered 11 presidents in Brazil's capital last May, but the forum called the Brasilia Consensus was struck by disagreement over the presence of Venezuela's authoritarian President Nicolas Maduro. Chilean President Gabriel Boric, a fellow leftist from a younger generation, criticized Lula for inviting Maduro to a meeting of democratic leaders, as did Uruguayan President Luis Lacalle Pou.
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