By Yukiko Toyoda TOKYO (Reuters) -Japan will keep calling for China to act responsibly on the world stage, Prime Minister Fumio Kishida said on Thursday, a sign of Tokyo’s deepening concern about stability in the Taiwan Strait following Beijing’s recent military drills. The comments from Kishida, after China conducted drills in the waters off Taiwan…
By Karen Freifeld Reuters) -Seagate Technology Holdings PLC has agreed to pay a $300 million penalty in a settlement with U.S. authorities for shipping over $1.1 billion worth of hard disk drives to China’s Huawei in violation of U.S. export control laws, the Department of Commerce said on Wednesday. Seagate sold the drives to Huawei…
By Michael Holden and Sarah Mills LONDON(Reuters) – As Britain prepares to crown King Charles III in a ceremony with traditions dating back some 1,000 years, the monarchy confronts a question it has faced down the centuries: how does it survive in the modern world? For the House of Windsor, that does not mean dealing…
By David Kirton SHENZHEN, China (Reuters) – China’s Huawei Technologies said on Thursday it is replacing internal software management systems it once sourced from U.S. vendors with its own in-house version, hailing it as a victory over U.S. curbs that once threatened its survival. Huawei held an internal ceremony to celebrate the switch to its…
By James Oliphant and Nathan Layne WASHINGTON (Reuters) – Former President Donald Trump still commands the support of a significant share of conservative Christian voters, Reuters interviews with evangelical leaders and opinion polls show, but a window of opportunity remains for a challenger to peel some of that support away. Evangelical voters are key to…
A look at the day ahead in U.S. and global markets from Mike Dolan Throwing another curve ball into an already confusing inflation picture, crude oil prices have retreated sharply again this week and take some of the edge off renewed anxiety in interest rate markets. Both Brent crude and West Texas Intermediate crude futures…
By Allison Lampert and Rajesh Kumar Singh (Reuters) -A technology failure that temporarily halted all departures of Southwest Airlines Co flights on Tuesday is raising fresh concerns about the resiliency of the U.S. carrier’s IT infrastructure, industry experts and the carrier’s pilots’ union said on Wednesday. The Dallas-based carrier has blamed the hour-long outage on…
By Mari Saito, Polina Nikolskaya, Maria Tsvetkova and Anton Zverev BALAKLIIA, Ukraine (Reuters) – During an interrogation by Russian intelligence officers at a police station in Ukraine’s Balakliia town in June, local businessman Ruslan Volobuyev was beaten by one of the men, he said. At one point, according to Volobuyev’s account, a thick-set man in…
BANGKOK (Reuters) – Chinese auto maker Changan Auto will invest $285 million in a facility in Thailand to produce 100,000 electric vehicles (EVs) annually, Thailand’s Board of Investment said on Thursday. The company aims to sell the EVs in Thailand, Southeast Asia, Australia, and South Africa, said the board’s secretary-general, Narit Therdsteerasukdi. Thailand is Asia’s…
LONDON (Reuters) – JPMorgan expects the U.S. debt ceiling to become an issue as early as next month with the Wall Street bank ascribing a “non-trivial risk” of a technical default on U.S. Treasuries. In a note published to clients late on Wednesday, JPMorgan said it expected both the debate over the debt ceiling as…
