Former Wagner commander says he regrets the fighting in Ukraine

Former Wagner commander says he regrets the fighting in Ukraine

Former Wagner commander escaped Russia to Norway The 26-year-old took part in the fighting near Bakhmut Says he was afraid of being executed by his own side Says he wants to testify about crimes in Ukraine OSLO, Feb. 1 (Reuters) – A former commander of Russia’s Wagner mercenary group who fled to Norway told Reuters … Read more

Airbus and Qatar Airways settle bitter A350 jet row

Airbus and Qatar Airways settle bitter A350 jet row

PARIS, Feb. 1 (Reuters) – Airbus (AIR.PA) and Qatar Airways have settled a dispute over stranded A350 jets, the companies said on Wednesday, avoiding a potentially damaging lawsuit in the UK after a blistering 18-month feud which ripped the lid off the global jet market. The “amicable and mutually acceptable settlement” ends a $2 billion … Read more

The Canadian province is trying to decriminalize drugs to combat the overdose crisis

The Canadian province is trying to decriminalize drugs to combat the overdose crisis

VANCOUVER, Jan. 31 (Reuters) – The Western Canadian province of British Columbia on Tuesday began a three-year pilot program to stop prosecuting people for carrying small amounts of heroin, meth, ecstasy or crack cocaine as part of attempting a drug overdose crisis. As of 2016, BC is responsible for about a third of the 32,000 … Read more

US court rejects J&J bankruptcy strategy for tens of thousands of talk cases

US court rejects J&J bankruptcy strategy for tens of thousands of talk cases

30 Jan. (Reuters) – A US appeals court has overruled Johnson & Johnson’s (JNJ.N) attempt to bankrupt tens of thousands of lawsuits over its talc products, ruling that the healthcare conglomerate improperly filed a subsidiary in Chapter 11. even though it did not get into financial trouble. The decision of the U.S. 3rd Circuit Court … Read more

Philips is cutting 13% of jobs related to safety and profitability

Philips is cutting 13% of jobs related to safety and profitability

Philips is cutting another 6,000 jobs Increases layoffs since October to 13% of current workforce Equities are up 5.5% as fourth-quarter results beat expectations AMSTERDAM, Jan. 30 (Reuters) – Dutch health technology company Philips (PHG.AS) will cut an additional 6,000 jobs globally as it seeks to restore profitability and improve the safety of its products … Read more

FTX founder Bankman-Fried objects to tougher bail, says prosecutors have him ‘sandbagged’

FTX founder Bankman-Fried objects to tougher bail, says prosecutors have him ‘sandbagged’

NEW YORK, Jan. 28 (Reuters) – Lawyers for Sam Bankman-Fried on Saturday urged a US judge not to bar the indicted FTX cryptocurrency manager from communicating with former colleagues as part of his bail, saying that prosecutors have “sandbagged” the trial to show their client in the “worst possible light.” The lawyers were responding to … Read more