Germany refusing Intel’s additional demand for subsidies for chip plant – FT

(Reuters) – Germany’s Finance Minister Christian Lindner is refusing Intel’s demands for higher subsidies for a 17-billion-euro ($18-billion) chip plant, saying the country could not afford it, the Financial Times reported on Sunday. “There is no more money available in the budget,” the newspaper quoted Lindner as saying in an interview. “We are trying to…

Read More

Zelenskiy says counteroffensive actions “taking place” in Ukraine

By Tom Balmforth KYIV (Reuters) -President Volodymyr Zelenskiy acknowledged on Saturday that his military was engaged in “counter-offensive and defensive operations” a day after Kremlin leader Vladimir Putin said Kyiv’s long-vaunted drive to retake territory was well under way. But the Ukrainian leader disclosed no details, telling reporters to pass on to Putin that his…

Read More

Germany Refusing Intel’s Additional Demand For Subsidies For Chip Plant – FT

(Reuters) -Germany’s Finance Minister Christian Lindner is refusing Intel’s demands for higher subsidies for a 17-billion-euro ($18-billion) chip plant, saying the country could not afford it, the Financial Times reported on Sunday. “There is no more money available in the budget,” the newspaper quoted Lindner as saying in an interview. “We are trying to consolidate…

Read More

Honduras opens embassy in China after cutting ties to Taiwan

BEIJING (Reuters) – Honduras opened an embassy in China on Sunday, Chinese state media reported, after the Central American nation cut diplomatic relations with Taiwan earlier this year. The embassy in Beijing was opened by foreign ministers from the two countries, state broadcaster CCTV reported. Honduran President Xiomara Castro is in China for a state…

Read More

Michigan Republicans to change 2024 nomination process, may boost Trump

By Nathan Layne (Reuters) – Republicans in Michigan approved a proposal on Saturday to select more than two-thirds of their state delegates for the party’s 2024 presidential nomination via caucus meetings, a change that could help party front-runner Donald Trump. The plan, which Michigan’s Republican state committee approved during a meeting in Grand Rapids, would…

Read More