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Chinese autonomous driving firm Momenta files for Hong Kong IPO, sources say

Dec 2 (Reuters) - Chinese autonomous driving developer Momenta has confidentially filed for a Hong Kong initial public offering, two people with knowledge of the matter said. Momenta is joining a growing list of Chinese companies aiming to debut in the Asian financial hub, after ...
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Factbox-Major brokerages boost bets on December Fed rate cut ahead of policy meeting

Dec 2 (Reuters) - BofA Global Research became the latest brokerage to forecast an interest rate cut by the U.S. Federal Reserve in December, as dovish signals from key voting members and weakness in labor market conditions ramped up hopes of lower borrowing costs. The ...
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Trump promised a San Francisco crime crackdown. His administration did the opposite

By Brad Heath SAN FRANCISCO, Dec 2 (Reuters) - U.S. President Donald Trump vowed this year to flood San Francisco with federal agents - and even soldiers - to crack down on crime. Instead, his administration has quietly taken law enforcement away, leaving the city ...
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Anti-abortion ‘crisis pregnancy centers’ case goes to US Supreme Court

By John Kruzel and Andrew Chung WASHINGTON, Dec 2 (Reuters) - The U.S. Supreme Court is set to hear arguments on Tuesday in a case from New Jersey involving the state attorney general's investigation into the operator of Christian faith-based "crisis pregnancy centers," facilities that ...
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Data supports US policy of hepatitis B vaccine for newborns, as officials push for delay

By Julie Steenhuysen CHICAGO, Dec 2 (Reuters) - An independent review released on Tuesday by vaccine experts of more than 400 studies and reports found that long-standing U.S. policy of giving the hepatitis B vaccine to newborns has cut infections in children by more than ...
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Prada completes Versace takeover after long courtship

MILAN, Dec 2 (Reuters) - Prada said on Tuesday it had completed the acquisition of smaller Italian rival Versace, a brand the luxury group said it had long coveted. Prada signed a definitive agreement in April to buy Versace from U.S.-based Capri Holdings for about ...
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Tennessee special election will affect balance of power in US House

By Nolan D. McCaskill WASHINGTON, Dec 2 (Reuters) - Voters in Tennessee will choose their next representative in a special election on Tuesday that will affect Republicans' narrow grip on the U.S. House of Representatives heading into next year's midterm elections. Republican Matt Van Epps, a ...
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A list of mass killings in the United States this year

The latest mass killing in the United States occurred Saturday night when three children ages 8, 9 and 14, and a 21-year-old adult were killed in a shooting at a child's birthday party in California. Eleven people were also wounded at a Stockton banquet ...
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Democrat Mandela Barnes, a former US Senate candidate, enters the Wisconsin governor’s race

MADISON, Wis. (AP) - Democrat Mandela Barnes, who served four years as Wisconsin's lieutenant governor and narrowly lost a 2022 U.S. Senate bid, jumped into the battleground state's open race for governor on Tuesday. Given his prominent name recognition and statewide funding network, Barnes enters ...
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Tariffs, AI boom could test global growth’s resilience, OECD says

By Leigh Thomas PARIS, Dec 2 (Reuters) - Global growth is holding up better than expected as an artificial intelligence investment boom helps offset some of the shock from U.S. tariff hikes, the OECD said on Tuesday, nudging up its outlook for some major economies. The ...
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Resilient in face of Trump tariffs, world economy is forecast to grow 3.2% this year, OECD says

WASHINGTON (AP) - The world economy has proven surprisingly durable in the face of President Donald Trump's trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.S. economic growth this year. The 38-country OECD now forecasts that ...
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Louis Vuitton head Pietro Beccari to become CEO of LVMH’s fashion division

Dec 2 (Reuters) - Louis Vuitton CEO Pietro Beccari has been appointed as the chief executive of LVMH's fashion division, the French luxury giant said on Tuesday. Beccari will combine his new responsibilities with those at Louis Vuitton from January 1, the group said in ...
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