ZURICH (Reuters) – The Swiss economy grew by a faster than expected rate at the start of the year, the government said on Tuesday, supported by robust domestic demand and rising exports. Economic output, when adjusted for sporting events, grew by 0.5% in the first three months of 2023 compared with the last quarter of…
BEIJING (Reuters) – A private jet used by Tesla Inc CEO Elon Musk has arrived in Beijing, according to a Reuters witness. Musk is expected to meet senior Chinese officials and visit Tesla’s Shanghai plant, sources have said, in what would be his first trip to China in three years. Tesla did not immediately…
By Sam Jabri-Pickett and Nia Williams (Reuters) -United Conservative Party (UCP) leader Danielle Smith’s election victory in Canada’s main oil-producing province Alberta on Monday is likely to herald further friction with Liberal Prime Minister Justin Trudeau, particularly over climate change. The populist premier’s win signals a further rightward shift in the traditionally conservative province, and…
By Philip Blenkinsop LULEA, Sweden (Reuters) – Top U.S. and European Union officials meet in Sweden on Tuesday to weigh how best to deal with China and cooperate on artificial intelligence and other future technology as well as EU complaints about Trump-era tariffs and U.S. green subsidies. U.S. Secretary of State Antony Blinken and European…
WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken on Monday said his government would consider visa restrictions against Ugandan officials and others for the abuse of human rights following the implementation of one of the world’s toughest anti-gay laws. Blinken said he has instructed the State Department to update travel guidance to U.S. citizens…
By Byron Kaye and Harish Sridharan (Reuters) -Crown Resorts, the Australian casino operator bought by Blackstone Inc after three damaging inquiries, agreed to pay a A$450 million ($294 million) fine for breaking anti-money laundering laws, a step toward ending its darkest chapter. The company, dominated by billionaire founder James Packer before he agreed to sell…
(Reuters) -The Miami Heat avoided becoming the first team to squander a 3-0 NBA playoff series lead after beating the Boston Celtics 103-84 in Game 7 of the Eastern Conference Finals on Monday. After a dramatic defeat in the final seconds at home in Game 6 on Saturday, Miami got the win they needed at…
A look at the day ahead in European and global markets from Vidya Ranganathan U.S. and UK markets return from their long weekend on Tuesday with a touch of ambivalence, happy that the weekend resulted in a U.S. debt ceiling agreement and yet anxious about how the deal will fare in congress. More detail and…
A look at the day ahead in European and global markets from Vidya Ranganathan U.S. and UK markets return from their long weekend on Tuesday with a touch of ambivalence, happy that the weekend resulted in a U.S. debt ceiling agreement and yet anxious about how the deal will fare in congress. More detail and…
TOKYO (Reuters) – Toyota Motor Corp’s global sales rose by nearly 5% in April from a year earlier, boosted by stronger demand for hybrids and gasoline-powered cars in Japan and China. The Japanese automaker also reported better overseas sales of battery electric vehicles (EVs), bringing the total number of battery-powered units it sold in the…
