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Trump signals he will testify in New York probe into business practices
Business

Trump signals he will testify in New York probe into business practices

Former U.S. President Donald Trump arrives at Trump Tower the day after FBI agents raided his Mar-a-Lago Palm Beach home, in New York City, U.S., August 9, 2022. REUTERS/David 'Dee' DelgadoRegister now for FREE unlimited access to Reuters.comRegisterAug 9 (Reuters) - Former U.S. President Donald Trump indicated he would testify on Wednesday in a New York investigation by the state's attorney general into his family's business practices, with the possible testimony coming amid a flurry of legal woes for him.New York State Attorney General Letitia James is conducting a civil investigation examining whether the Trump Organization inflated real estate values. Trump and two of his adult children, Donald Trump Jr. and Ivanka Trump, have agreed to testify.Trump has denied wrongdoing and called...
AMC Entertainment beats quarterly revenue estimates, announces dividend
Entertainment

AMC Entertainment beats quarterly revenue estimates, announces dividend

An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo Allegri/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterAug 4 (Reuters) - AMC Entertainment Holdings Inc (AMC.N) reported second-quarter revenue marginally ahead of Wall Street estimates on Thursday, as big-ticket films such as "Top Gun: Maverick" drew crowds to movie halls, driving a surge in box-office collections at the world's largest theater chain.AMC also announced a special dividend in the form of preferred stock, to paid on Aug. 19. The company will issue one preferred equity unit for each of the 516.8 million class A common stock.With COVID receding, consumers are increasingly returning to o...
Indonesia, U.S. to hold military exercise amid heightened Indo-Pacific tensions
Fitness

Indonesia, U.S. to hold military exercise amid heightened Indo-Pacific tensions

U.S. Commanding General for the 7th Infantry Division Major General Stephen G. Smith speaks during a news conference ahead of the Super Garuda Shield 2022 joint excercise, at the U.S. embassy in Jakarta, Indonesia, July 29, 2022. REUTERS/Willy KurniawanRegister now for FREE unlimited access to Reuters.comRegisterJAKARTA, July 29 (Reuters) - Some 4,000 soldiers mostly from Indonesia and the United States will conduct a joint military exercise next week that underscores "the importance we place on a free and open Indo-Pacific region," a senior U.S. military official said on Friday.The annual "Super Garuda Shield" exercise, which the United States called "significantly larger in scope and scale than previous exercises", comes against a backdrop of heightened tensions with China over the la...
Lift-maker Otis agrees to sell Russia business to local investment firm
Business

Lift-maker Otis agrees to sell Russia business to local investment firm

This content was produced in Russia where the law restricts coverage of Russian military operations in UkraineMOSCOW, July 27 (Reuters) - Lift-maker Otis Worldwide Corp (OTIS.N) said on Wednesday it had agreed to sell its Otis Russia business to Russia-based investment company Ice Development."After carefully considering the global impacts and consequences of the ongoing crisis and humanitarian tragedy across Eastern Europe, including supply chain disruptions and mounting regulations, we determined that Otis' ownership of our business in Russia is no longer sustainable," Otis said in a statement.Scores of companies have opted to exit Russia or announced plans to do so since Moscow sent tens of thousands of troops into Ukraine on Feb. 24.Register now for FREE unlimited access to Reuters....