Author: Press Room

© Reuters. FILE PHOTO: A staffer works on a magnetic resonance imaging machine at a production line of Siemens Healthineers in Shenzhen, China May 25, 2018. REUTERS/Bobby Yip/File Photo MUNICH/FRANKFURT (Reuters) – German medical equipment maker Siemens Healthineers is in the early stages of weighing options for its diagnostics business, which has little overlap with other units, a person familiar with the situation told Reuters. Shares rose by almost 4% to a three-month high of 49.12 euros in early trade on Friday. The review could lead to a sale of the unit but all options remain open, the source said.…

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© Reuters. The Chicago Mercantile Exchange (CME) observed considerable shifts in foreign money futures trading on Friday. The currencies involved included the British Pound, Canadian Dollar, Euro Futures, Japanese Yen, Swiss Franc, Australian Dollar, and Mexican Peso. Remarkable open interest changes were reported in the British Pound (up by 691), Canadian Dollar (up by 7,920), and Euro Futures (up by 3,069). The Japanese Yen saw high estimated sales of 207,237 while the Swiss Franc recorded lower sales of 24,091. Open interests for the Australian Dollar and Mexican Peso were noted at 193,744 and 203,594 respectively. In commodity futures, wheat for…

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Democratic lawmakers introduced a sweeping legislative package Thursday to address deteriorating conditions in Wisconsin prisons as a chronic staffing shortage has led to months-long lockdowns and a federal lawsuit.The state’s perennially overcrowded prison system has been grappling with a lack of staffing that has only grown worse in recent years. The state’s adult institutions are currently dealing with an overall 32.3% vacancy rate, according to the state Department of Corrections.”We are here today because conditions are dire in our institutions,” Rep. Ryan Clancy of Milwaukee said at a news conference. “This package is a crime reduction package. When we are…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Recruitment companies are turning to generative artificial intelligence to identify candidates and boost efficiencies as the jobs market begins to cool.“Talent markets have been tight for a while, meaning companies struggle to find humans for open jobs,” says Tomas Chamorro-Premuzic, chief innovation officer at global recruiter ManpowerGroup, professor of business psychology and expert in hiring technologies. “AI is massively helpful here: it enables recruiters to look at talent in wider, broader, more unusual places, scraping and scanning through millions of applications.”Efforts to…

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© Reuters. FILE PHOTO: A crane lifts a shipping container at the HHLA Container Terminal Altenwerder on the River Elbe in Hamburg, Germany, March 31, 2023. REUTERS/Phil Noble/File Photo BERLIN (Reuters) -German exports fell more than expected on the month in September, federal statistics office data showed on Friday, as weak global demand hurt exports. German exports fell 2.4% in September from the previous month. The result compared with a forecast 1.1% decline in a LSEG poll. “Trade is no longer the strong resilient growth driver of the German economy that it used to be, but rather a drag,” said…

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© Reuters. Estonian shipping company AS Tallink Grupp reported a 3.6% increase in passenger numbers for October 2023, reaching a total of 470,702. This growth was accompanied by a 1.5% rise in passenger vehicles, amounting to 63,151 units. However, the company also registered a notable decline in cargo units during the same period, with a decrease of 17.7% to 27,137 units. The company’s different routes exhibited varying performance trends. The Finland-Sweden route, which includes Helsinki-Stockholm and Turku-Kapellskär services, experienced a decrease in passengers by 12.7%. On the other hand, the Estonia-Finland and Estonia-Sweden routes, operated by MyStar and Megastar shuttles…

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Lawyers for former President Donald J. Trump filed an emergency request to a federal appeals court on Thursday seeking to lift the gag order imposed on him in the criminal case in which he stands accused of trying to overturn the 2020 election.The lawyers asked the appeals court to keep the pause of the order in place until it reaches a final decision on whether the order should have been issued in the first place.“No court in American history has imposed a gag order on a criminal defendant who is actively campaigning for public office — let alone the leading…

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