JERUSALEM (Reuters) - Intel Corp is halting plans for a $25-billion factory in Israel, Israeli financial news website Calcalist said on Monday, in a report that the chipmaker did not confirm or deny.
The U.S. company, asked about the report, cited the need to adapt big projects to changing timelines, without directly referring to the project.
"Israel continues to be one of our key global manufacturing and R&D sites and we remain fully... (continue reading...)
By Ope Adetayo
ABUJA (Reuters) - Amnesty International on Monday accused the Nigerian army of illegally detaining girls and young women who have escaped from Boko Haram captivity because the military believes they support the Islamist insurgent group.
The military in a statement denied the allegations, which the human rights group said were based on 126 interviews from 2019 to 2024 with female former captives.
Thirty-one... (continue reading...)
SAO PAULO (Reuters) - Brazilian President Luiz Inacio Lula da Silva defended his proposal for peace talks involving both Russia and Ukraine in a call with his Russian counterpart Vladimir Putin, according to a statement from Brazil's presidential palace on Monday.
Lula's special advisor Celso Amorim has already signed, along with Chinese Foreign Minister Wang Yi, a statement calling for negotiations "recognized by both Russia and Ukraine."
... (continue reading...)(Reuters) - The U.S. Securities and Exchange Commission in April had sought additional disclosures from New York Community Bancorp in its preliminary proxy statement, regulatory filings made by the regional lender showed on Monday.
The regulator requested NYCB to revise its proxy filing to briefly discuss the reasons for its recent capital-raise including its initiative to continue reducing its exposure to the beleaguered commercial real estate (CRE)... (continue reading...)
OTTAWA (Reuters) - A planned hike in the capital gains tax for the wealthiest will help keep Canada's borrowing low and fund social programmes, Finance Minister Chrystia Freeland said on Monday.
"We know now is the time to invest in Canada and Canadians," Freeland told a press conference. "The responsible way to pay for those investments is to ask those at the top to contribute a little bit of money."
Freeland in April revealed a new tax... (continue reading...)
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