WASHINGTON (Reuters) – The Chinese government will seek artificial intelligence regulations in its country, billionaire Elon Musk said on Monday, saying he learned about that from his conversations with officials during his recent trip to China. (Reporting by Kanishka Singh in Washington; Editing by Leslie Adler)
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose on Monday after the world’s top exporter Saudi Arabia pledged to cut production by a further 1 million barrels per day (bpd) from July to counter macroeconomic headwinds that have depressed markets. Brent crude futures settled up 58 cents at $76.71 a barrel, after touching a…
By Tim Reid WASHINGTON (Reuters) -Former U.S. Vice President Mike Pence on Monday declared himself a candidate in the 2024 Republican race for the White House, setting up a fight against former President Donald Trump. Pence’s campaign filed a declaration of candidacy with the Federal Election Commission. Pence will launch his campaign with a video…
WARSAW/BRUSSELS (Reuters) – The European Commission said on Monday it was extending until Sept. 15 an arrangement whereby five of Ukraine’s EU neighbours can restrict imports of Ukrainian grain. The EU on May 2 allowed the five countries – Bulgaria, Hungary, Poland, Romania and Slovakia – to ban domestic sales of Ukrainian wheat, maize, rapeseed…
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Monday on news that the U.S. services sector barely grew in May as new orders slowed, ending an initial rally sparked by strong jobs growth. The Institute for Supply Management (ISM) said its non-manufacturing PMI fell to 50.3 last month from 51.9 in April….
NEW YORK (Reuters) – Investors are bracing for a wave of U.S. government bond issuance as the Treasury plans to refill its depleted coffers quickly after the recent suspension of the debt limit. The Treasury General Account has fallen sharply since January when Treasury hit its limit on borrowing. Cash balance targets indicate it will…
By Patricia Zengerle WASHINGTON (Reuters) – Members of a U.S. House of Representatives committee will be able to view a classified cable related to the August 2021 withdrawal from Afghanistan, the committee said on Monday, ending a threat to file contempt charges against Secretary of State Antony Blinken. Republican Representative Michael McCaul, chairman of the…
By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s lower house on Monday said it would freeze debates on government-backed social reforms, as former high-ranking officials in President Gustavo Petro’s administration were called to give evidence over alleged campaign financing irregularities. The government of leftist Petro, who took office last year, has sent proposed labor, pension and…
By Stephen Nellis CUPERTINO, California (Reuters) – Apple Inc unveiled an augmented-reality headset called the Apple Vision Pro at its annual software developer conference on Monday, its first big move into a new product category since the introduction of the Apple Watch nine years ago. CEO Tim Cook described it as “spatial computing” with the…
(Reuters) – Cava Group Inc, which operates a chain of Mediterranean fast-casual restaurants in the United States, said on Monday it is aiming for a valuation of up to $2.12 billion in its U.S. initial public offering. The company intends to sell roughly 14.44 million shares priced between $17 and $19 apiece in the offering,…
