kslmadmin

June 4 (Reuters) – Coca‑Cola is adjusting ways to keep its drinks both affordable and appealing as consumer demand remains uneven across income groups, CFO John Murphy said at an industry conference on Thursday. The beverages giant, which raised its annual profit target in April, said it was navigating the disruption from the U.S.-Israeli war on Iran “not perfectly well, but without fear, without trepidation.”  “The outlook… of the Middle […]

MILAN (AP) — Dozens of artists participating in this year’s Venice Biennale contemporary art show are threatening legal action if their names are not removed from the ballot allowing visitors to vote for the best national pavilion and overall participants in the absence of a jury to award the prestigious Golden Lions. The Venice Biennale opened its most chaotic and contested edition in recent memory on May 9, with the […]

LONDON (AP) — A British lawmaker said Thursday she is suing Elon Musk’s company xAI for invasion of privacy, alleging that fake images of her were created using the Grok chatbot. Jess Asato, a legislator with the governing Labour Party, says someone used Grok to create fake images of her in a bikini without her consent in January after she criticized the spread of deepfake pornography online. She filed a […]

THE HAGUE, Netherlands (AP) — Dutch police have detained four men in a major investigation into allegations of drugging and sexually abusing women they knew then sharing videos of the abuse, in a case that has echoes of French woman Gisèle Pelicot’s ordeal. The suspects, whose identities were not released in line with Dutch privacy rules, were detained after police, acting on information shared by authorities in Germany and the […]

NEW DELHI (AP) — Indian Prime Minister Narendra Modi held talks with Venezuela’s acting President Delcy Rodriguez on Thursday as New Delhi seeks to deepen ties with the oil-rich South American nation following disruptions in global energy supplies. Rudrendra Tandon, a senior official in India’s foreign ministry, said the talks held in New Delhi focused on strengthening energy cooperation. He said Venezuela had become India’s third-largest crude oil supplier in […]

COLOMBO, Sri Lanka (AP) — A fire at a nursing home in western Sri Lanka killed 12 residents and injured eight others, police said Thursday. The fire started late Wednesday at the home in Anguruwatota town. Fifty-one residents were rescued, police spokesman Fredrick Wootler said. He said people with mental illnesses were also housed there. The director of the home was arrested on suspicion of causing deaths through negligence. An […]

PARIS/HONG KONG, June 4 (Reuters) – Singapore Airlines is in discussions with Airbus and Boeing for the purchase of at least 50 of the industry’s biggest jets as it plans the next phase of its growth from next decade, industry sources said. The Southeastern Asian giant is seeking offers for more 400-seat Boeing 777X, the industry’s largest current model, or for the slightly smaller Airbus A350-1000, they said. Talks are […]

By Prakhar Srivastava and Pritam Biswas June 4 (Reuters) – Honeywell’s Quantinuum is set to make its U.S. market debut later on Thursday, after strong investor interest helped the quantum computing company raise $1.68 billion in an upsized initial public offering. Breakthroughs in the fast-growing technology have spurred bets that quantum machines could eventually outperform conventional computers on certain complex tasks. Sentiment was also buoyed after the U.S. government last […]

June 4 (Reuters) – Biopharmaceutical company Parabilis Medicines said on Thursday it is aiming to raise as much as $475 million in its U.S. initial public offering. The summer IPO market has gathered momentum after a choppy start to the year, with a string of well-received listings encouraging more companies to test investor appetite. Parabilis is a clinical-stage biopharmaceutical company that is developing Helicons, a novel class of stabilized helical […]