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LONDON (Reuters) – A self-portrait by Johnny Depp went on sale on Thursday, depicting the Hollywood star when he was in between court cases relating to his marriage to ex-wife Amber Heard. Conceived in 2021 in the studio of British illustrator Ralph Steadman, the artwork called “Five” was completed this year. “This self-portrait, it was created at a time that was… let’s say a bit dark, a bit confusing,” Depp […]

LONDON (Reuters) – SPEAR Investments I, a special purpose acquisition company (SPAC), is in advanced discussions to acquire QEV Technologies, a Spanish electric vehicle firm, at a valuation of 209 million euros ($234 million), the companies said on Thursday. The deal will see QEV Technologies, which recently won a tender to operate a former Nissan manufacturing facility in Barcelona, merge into SPEAR Investments I and trade on the Amsterdam bourse. […]

NAIROBI (Reuters) – Some U.S. companies buying minerals from countries including the Democratic Republic of Congo and its eastern neighbours are still failing to properly authenticate that the metals don’t come from conflict zones, the U.S. Government Accountability Office (GAO) said in a report. A number of companies sourcing minerals such as tin, tungsten, tantalum and gold are also failing to meet disclosure requirements with the U.S. Securities and Exchange […]

By Timour Azhari, Ahmed Rasheed and Anna Ringstrom BAGHDAD/STOCKHOLM (Reuters) -Iraq expelled the Swedish ambassador on Thursday in protest at a planned burning of the Koran in Stockholm that had prompted hundreds of protesters to storm and set alight the Swedish embassy in Baghdad. An Iraqi government statement said Baghdad had also recalled its charge d’affaires in Sweden, and Iraq’s state news agency reported that Iraq had suspended the working […]

By Khushi Mandowara and Pratik Jain (Reuters) -Abbott Laboratories on Thursday beat quarterly profit expectations as a rebound in surgical procedure volumes drove demand for medical devices despite high inflation-driven costs, sending shares up by nearly 4%. Demand for medical devices and non-COVID-19 testing is expected to rise this year, as older adults in particular get more comfortable visiting hospitals and staffing shortages at those facilities ease. Abbott CEO Robert […]

By Martyn Herman HOYLAKE (Reuters) – Reigning champion Cameron Smith is not hitting the panic button after beginning the defence of his Open title with a one-over round of 72 at Royal Liverpool on Thursday. The Australian, who fired a majestic 64 to win the 150th Open at St Andrews last year, mixed four birdies with five bogeys in friendly scoring conditions. He also returned one over-par round last year, […]

BOURG EN BRESSE, France (Reuters) -Kasper Asgreen upset the sprint specialists when the won the 18th stage of the Tour de France, a 185-km ride from Moutiers, at the end of a long breakaway to give his Soudal Quick-Step team their first victory in this year’s race on Thursday. Asgreen, the 2021 Tour of Flanders winner, perfectly timed his final effort with the peloton breathing down the neck of the […]

KARACHI, Pakistan (Reuters) – Pakistan is to proceed with the sale via tender of a contract to manage Islamabad airport after consultations with the International Finance Corporation (IFC), the Ministry of Finance said on Thursday. In March Pakistan had kicked off the outsourcing of operations at three major airports and the ministry said Islamabad airport was the first of these to be affected, as the country seeks to generate foreign […]

LONDON (Reuters) – ABB warned on Thursday of slowing Chinese demand, Taiwanese chipmaker TSMC forecast a drop in 2023 sales and Electrolux cautioned shoppers are seeking cheaper appliances, deepening worries about global corporate and economic health. The news cast a pall over stocks as second-quarter earnings season ramps up. The S&P 500 and Nasdaq futures were indicating lower, while European stocks recovered ground lost in early trade. ABB said its […]