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By Antoni Slodkowski BEIJING (Reuters) – China’s state-run media has taken to the internet with AI-generated videos, featuring dancing robots and fraught consumers, to chide U.S. President Donald Trump and tariffs they say threaten high inflation and economic distress for Americans. “‘Liberation Day’, you promised us the stars. But tariffs killed our cheap Chinese cars,” […]
By Nathan Layne, Alexandra Alper and Tim Reid (Reuters) -Members of Elon Musk’s cost-cutting team arrived at Peace Corps headquarters in Washington, the agency told Reuters, a signal it could become the latest U.S. government agency to face job cuts. “Staff from the Department of Government Efficiency are currently working at Peace Corps headquarters and […]
By Ana Mano SAO PAULO (Reuters) – Indigenous protests and poor roads have disrupted shipping of Brazil’s bumper soybean crop in recent days via the river port of Miritituba in the Amazon rainforest, worrying global companies including Cargill and Bunge which have important operations. Abiove, an association representing grain handlers, said on Friday road access […]
CERNOBBIO, Italy (Reuters) – The euro zone economy’s long standing structural headwinds have been exacerbated by a surge in uncertainty which may get even worse in the wake of U.S. trade tariffs, European Central Bank policy maker Isabel Schnabel said on Saturday. Speaking at an economic forum in northern Italy, Schnabel said the ECB would […]
TAIPEI (Reuters) -Taiwan President Lai Ching-te met tech executives on Saturday to discuss how to respond to new U.S. tariffs, promising to ensure Taiwan’s global competitiveness and safeguard the island’s interests. President Donald Trump announced across-the-board import tariffs on Wednesday with much higher duties for dozens of trading partners, including Taiwan, which runs a large […]
By Kanishka Singh (Reuters) – Microsoft AI CEO Mustafa Suleyman’s remarks were interrupted by a pro-Palestinian protesting employee during the technology company’s 50th anniversary celebration on Friday over the firm’s ties with Israel. “You are a war profiteer. Stop using AI for genocide,” Microsoft employee Ibtihal Aboussad said at the event in Redmond, Washington, while […]
By Joey Roulette WASHINGTON (Reuters) -Amazon.com said on Wednesday it plans to launch the first 27 satellites for its Project Kuiper internet network next week, pinning down a long-awaited start to the company’s plan to deploy a massive constellation that will rival Elon Musk’s Starlink system. In a statement, Amazon said it will launch the […]
By Howard Schneider WASHINGTON (Reuters) – New import taxes imposed or potentially in the offing from the Trump administration could raise the average effective tariff rate on goods coming into the U.S. from the current 2.2% to around 17%, while posing “widespread disruptions” focused on manufacturing industries in Midwestern and Southern states, a new analysis […]
By David Shepardson WASHINGTON (Reuters) – Boeing is in discussions with the U.S. Department of Justice to reach a revised plea agreement in a criminal fraud case stemming from the planemaker’s alleged misrepresentations to regulators about a key system on the 737 MAX, company CEO Kelly Ortberg said on Wednesday. Ortberg said at a Senate […]
(Reuters) -Meta Platforms CEO Mark Zuckerberg is lobbying U.S. President Donald Trump and White House officials to agree to a settlement that would prevent the company from facing an antitrust trial later this month, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Meta and its representatives have met with the […]
