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US, Egyptian presidents hold phone call over Gaza ceasefire talks Apr 29, 2024 04:01PM

CAIRO (Reuters) - Egyptian President Abdel Fattah al-Sisi received a phone call on Monday from U.S. President Joe Biden to discuss the latest developments in negotiations regarding a ceasefire in Gaza and the dangers of a military escalation in Rafah, a statement from Egypt's presidency said.

The spokesman for the Egyptian Presidency said the call also touched on the exchange of Israeli hostages for Palestinian prisoners, a main sticking point in any... (continue reading...)


Peru seeks to avoid arbitration over Chinese-built mega port Apr 29, 2024 03:51PM

LIMA (Reuters) - The Peruvian government is looking to avoid an international arbitration process which could be filed by Chinese port operator Cosco Shipping over a legal dispute regarding exclusivity rights to a massive facility being built by the firm, an official said on Monday.

Cosco sent a letter to Peru's economy ministry in mid-April to start a six-month negotiation process in order to reach an amicable resolution without having to resort to... (continue reading...)


'Multiple' law enforcement officers shot in North Carolina, police say Apr 29, 2024 03:48PM

(Reuters) - Multiple law enforcement officers have been shot in Charlotte, North Carolina, local police said on Monday, in what they described as an "active" scene.

The Charlotte-Mecklenburg Police Department said in a written statement that the shooting began in northeast Charlotte as officers from a U.S. Marshall's Task Force, comprised of officers from multiple agencies, were carrying out an investigation.

"Multiple law... (continue reading...)


Southwest Airlines launches delay compensation program Apr 29, 2024 03:46PM

WASHINGTON (Reuters) - Southwest Airlines has launched a delay compensation program as part of a $140 million Transportation Department settlement over the airline's December 2022 holiday meltdown.

Southwest in December 2023 agreed over three years to provide $90 million in travel vouchers of $75 or more to passengers delayed at least three hours getting to final destinations because of an airline-caused issue or cancellation and to start the program... (continue reading...)


Exclusive-Impossible Foods CEO says company will raise cash with or without IPO Apr 29, 2024 03:41PM

By Jessica DiNapoli

NEW YORK (Reuters) - Impossible Foods, which makes meat alternatives from soy, is targeting a "liquidity event" that could include a public offering in the next two to three years, CEO Peter McGuinness told Reuters on Monday, as alternative meats fight to win back fickle consumers.

McGuinness said the food manufacturer was also considering a sale to another company or a capital raise in the same time period.

... (continue reading...)

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