By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Tuesday agreed to hear a bid by President Joe Biden’s administration to shield the federal government from lawsuits over errors related to credit reports in a case involving a dispute between a Pennsylvania man and the U.S. Department of Agriculture. The justices took up…
KYIV (Reuters) -Russia on Tuesday struck military and infrastructure targets in Ukraine’s capital Kyiv and across other parts of the country, including western areas far from the front lines, Ukrainian officials said. President Volodymyr Zelenskiy praised Ukraine’s air defences for downing more than 30 drones and defiantly said that Ukraine’s forces were destroying Russian forces…
WASHINGTON (Reuters) – Microsoft CEO Satya Nadella and Activision Blizzard CEO Bobby Kotick are among the witnesses planned for an evidentiary hearing set to begin this week on the Federal Trade Commission’s legal bid to block the deal from closing, according to a court filing on Tuesday. The FTC is seeking a preliminary injunction to…
By David Brunnstrom, Yew Lun Tian and Martin Quin Pollard WASHINGTON/BEIJING (Reuters) – The first trip to China by a U.S. secretary of state in five years may have eased tensions that many saw escalating to dangerous levels, but the lack of progress on core issues means the relief will likely only be temporary. The…
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell and the dollar index inched up on Tuesday as investors weighed the U.S. interest rate outlook ahead of Federal Reserve Chair Jerome Powell’s congressional testimony. U.S. Treasury yields eased. Adding to uncertainty over the rate outook, a report showed groundbreaking on U.S. single-family homebuilding…
By Kanishka Singh (Reuters) – At least one person died and about two dozen people were injured overnight after a tornado hit central Mississippi, health authorities said. The tornado struck the town of Louin, about 70 miles east of Jackson, late on Sunday, the National Weather Service said, adding that multiple tornadoes could have hit…
By Josh Ye, David Kirton and Chen Lin HONG KONG/SHENZHEN, China (Reuters) – Psst! Where can a Chinese buyer purchase top-end Nvidia AI chips in the wake of U.S. sanctions? Visiting the famed Huaqiangbei electronics area in the southern Chinese city of Shenzhen is a good bet – in particular, the SEG Plaza skyscraper whose…
MILAN (Reuters) – Italy’s Brembo is to move its legal headquarters to the Netherlands and strengthen its loyalty share scheme in a move aimed at increasing M&A opportunities, the premium brake maker said on Tuesday. The announcement follows similar moves by other major Italian companies, including Ferrari, Exor, Mediaset and Campari, to establish in the…
By Andrew Goudsward (Reuters) -David Weiss, the top federal prosecutor in Delaware, wrapped up the most closely watched investigation of his career on Tuesday when U.S. President Joe Biden’s son Hunter agreed to plead guilty to misdemeanor tax crimes. Weiss, 67, who was appointed to his post by Republican then-President Donald Trump, agreed to stay…
ROME (Reuters) – Italy’s participation in China’s Belt and Road Initiative (BRI) has produced few benefits, Rome’s Foreign Minister Antonio Tajani said on Tuesday, as his country faces a decision on whether to pull out of the deal. Italy in 2019 became the first and so far only G7 nation to have joined the hugely…
