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US CFTC seeks to ban derivatives bets on elections, calamities May 10, 2024 11:24AM

By Laura Matthews

NEW YORK (Reuters) - The U.S. Commodity Futures Trading Commission (CFTC) on Friday was poised to propose a ban on listed derivatives used to bet on U.S. elections and other major real world events, its chair said.

The agency is scheduled to vote on Friday on the proposed regulations which would ban the listing and clearing of so-called "event contracts," a type of futures contract which have proliferated in recent... (continue reading...)


India court details sexual harassment charges against former wrestling body chief May 10, 2024 11:18AM

By Arpan Chaturvedi and Tanvi Mehta

NEW DELHI (Reuters) - A Delhi court on Friday informed the ex-chief of India's wrestling federation, a powerful member of Prime Minister Narendra Modi's party, of charges of sexual harassment and criminal intimidation against him.

Several Indian wrestlers came out in protest last year seeking criminal action against Brij Bhushan Sharan Singh, a well-known lawmaker from Modi's Bharatiya Janata Party... (continue reading...)


Protesters attempt to storm Tesla German plant, clash with police May 10, 2024 11:09AM

BERLIN (Reuters) - Protesters opposed to expansion of U.S. electric vehicle maker Tesla's plant in Grueneheide near Berlin clashed with police as some of them attempted to storm the facility on Friday.

Some 800 people took part in the protest, according to the organising group Disrupt Tesla, which claims the expansion would damage the environment.

A Reuters video showed dozens of people wearing blue caps and face-covering masks coming... (continue reading...)


US to announce new $400 million military aid package for Ukraine, official says May 10, 2024 11:05AM

(Reuters) - The United States is preparing a $400 million military aid package for Ukraine, as the U.S. returns to a regular pace of supplying weapons to Kyiv after the passage of a $95 billion bill, a U.S. official told Reuters on Friday.

The Ukraine aid package includes artillery, munitions for NASAMS air defenses, anti-tank munitions, armored vehicles and small arms that can immediately be put to use on the battlefield, the official said, speaking... (continue reading...)


Britain's Prince William says wife Kate is 'doing well' May 10, 2024 10:56AM

LONDON (Reuters) - Britain's Prince William said on Friday his wife Kate was "doing well" in a rare public comment about the Princess of Wales as she undergoes preventative chemotherapy for cancer.

Kate announced in March she was having treatment after cancer was found following abdominal surgery she underwent at the start of the year.

She said at the time she was well, but the couple's office have said they would not be providing... (continue reading...)


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