WASHINGTON (Reuters) – President Joe Biden said on Friday he was not yet ready to invoke the 14th Amendment to avoid the United States defaulting on its debts as early as June 1, comments which for the first time suggested he has not ruled out the option. “I’ve not gotten there yet,” Biden said in…
By Andrew Goudsward and Steve Gorman WASHINGTON (Reuters) – A Pennsylvania man found guilty of felony assault and other charges for pepper-spraying police officers outside the U.S. Capitol was sentenced on Friday to 14 years behind bars, the longest prison term to date for anyone convicted in the riot of Jan. 6, 2021. Peter J….
HANOI (Reuters) – Chinese automaker BYD Co. plans to expand into electric vehicles manufacturing and assembly in Vietnam, according to a Vietnamese government statement citing the company’s chair. Reuters in January exclusively reported that the Xian-based EV maker had plans to open a plant in Vietnam to produce car parts, with the aim to export…
HANOI (Reuters) – Chinese automaker BYD Co. plans to expand into electric vehicles manufacturing and assembly in Vietnam, according to a Vietnamese government statement citing the company’s chair. Reuters in January exclusively reported that the Xian-based EV maker had plans to open a plant in Vietnam to produce car parts, with the aim to export…
By Birsen Altayli and Ezgi Erkoyun ISTANBUL (Reuters) – Turkish university student Yunus Efe has known only one leader of his country – Tayyip Erdogan. As he prepares to vote for the first time in elections this month, the 22-year-old says it is time for change. Efe is one of more than 6 million first-time…
BERLIN (Reuters) – Investor morale in the euro zone took a surprising dip in May, with stubborn inflation and energy concerns upending expectations of a spring recovery, a survey showed on Monday. Sentix’s index for the euro zone fell to -13.1 points for May from -8.7 in April. Analysts polled by Reuters had expected it…
SINGAPORE (Reuters) -Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in processing fees, before clearing them at a higher cost. Late on Sunday and again early on Monday the world’s biggest crypto exchange shut bitcoin withdrawals saying there was a glut of pending transactions because it…
By Maria Martinez BERLIN (Reuters) -German industrial production fell more than expected in March, partly due to a weak performance by the automotive sector, spurring again recession fears in Europe’s largest economy. Production decreased by 3.4% on the previous month following a slightly revised increase of 2.1% in February, the federal statistical office said on…
By Laurie Chen BEIJING (Reuters) – China’s hawkish state media tabloid, the Global Times, criticised on Monday a letter of protest by South Korea’s embassy in Beijing, the latest public spat amid worsening ties between the Asian neighbours. South Korea’s recent diplomatic push towards Japan and the U.S. would “induce and aggravate the … collapse…
By Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy’s Treasury is open to reducing its 64% stake in Monte dei Paschi di Siena (MPS) through one or more share sales on the market, three people briefed on the matter told Reuters. Such an option, however, would only be considered if financially advantageous and as long…
