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Portugal's government fears road tolls defeat heralds political paralysis May 3, 2024 06:14AM

By Sergio Goncalves

LISBON (Reuters) - Portugal's new centre-right minority government has suffered its first setback in parliament as the far-right Chega party teamed up with the Socialists to end toll payments on eight motorways, imposing an unwanted increase in public spending.

The government fears Thursday's vote may be the start of political forces from the opposite ends of the spectrum working together to paralyse activity and force... (continue reading...)


Analysis-Warren Buffett's PacifiCorp utility singed by wildfires May 3, 2024 06:14AM

By Jonathan Stempel

OMAHA, Nebraska (Reuters) - Two years ago, Warren Buffett branded Berkshire Hathaway's energy business one of his conglomerate's four "giants." Now he fears its business model may be broken.

Berkshire Hathaway Energy's PacifiCorp unit faces billions of dollars in potential liabilities from wildfires that have scorched hundreds of thousands of acres in southern Oregon and northern California.

Costs could... (continue reading...)


ICC prosecutor calls for end to intimidation of staff, statement says May 3, 2024 06:13AM

AMSTERDAM (Reuters) - The International Criminal Court's prosecutor's office called on Friday for an end to what it called intimidation of its staff, saying such threats could constitute an offence against the world's permanent war crimes court.

In the statement posted on social media platform X, the ICC prosecutor's office said all attempts to impede, intimidate or improperly influence its officials must cease immediately. It added that the Rome... (continue reading...)


Turkey says it killed 32 Kurdish militants in northern Iraq May 3, 2024 06:09AM

ANKARA (Reuters) - Turkey's military has "neutralised" 32 members of the outlawed Kurdistan Workers Party (PKK) across various regions of northern Iraq, the Defence Ministry said on Friday.

The ministry's use of the term "neutralised" commonly means killed. The PKK, which has been waging an insurgency against the Turkish state since 1984, is designated a terrorist organisation by Turkey, the United States and the European Union.

The... (continue reading...)


Futures rise on Apple, Amgen boost; jobs data on tap May 3, 2024 06:09AM

(Reuters) - U.S. stock index futures gained on Friday, lifted by upbeat corporate updates from Apple and Amgen, while traders braced for a key jobs report for a clearer outlook on the labor market and the interest rate path.

Apple jumped 5.8%, outpacing other megacap stocks in premarket trading after the iPhone maker unveiled a record $110 billion share buyback program and beat modest expectations for quarterly results and forecast.

Amgen... (continue reading...)


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