BEIJING (Reuters) – China’s top diplomat Wang Yi told the Indian foreign minister that bilateral ties need to be stabilised, as the two Asian neighbours searched for ways to ease simmering military tensions along their vast border. On the sidelines of ASEAN meetings in the Indonesian capital of Jakarta, Wang told Indian External Affairs Minister…
SYDNEY (Reuters) – Australian Treasurer Jim Chalmers expressed optimism on Saturday about progress on a long-awaited overhaul of global corporate taxation at a meeting of Group of 20 (G20) nations in India. “There’s been progress made over the years and we want to advance that progress further,” Chalmers told ABC television, referring to the meeting…
A moneyed titan appears to be going all-in on a pessimistic bet against Ford Motor (NYSE:F), an occurrence that demands our close attention. The sheer size of this bet hints at a potential iceberg ahead for the automotive giant. Who’s the player? It’s anybody’s guess. But what’s crystal clear is this: when F takes…
By Stephen Nellis, Andrea Shalal and Karen Freifeld (Reuters) – The chief executives of Intel Corp and Qualcomm Inc are planning to visit Washington next week to discuss China policy, according to two sources familiar with the matter. The executives plan to hold meetings with U.S. officials to talk about market conditions, export controls and…
(Reuters) -The US Federal Trade Commission (FTC) has sought additional information and documentary material related to Pfizer’s proposed acquisition of Seagen Inc, Seagen said on Friday. The antitrust agency sent the requests separately to both the companies, a regulatory filing said. Pfizer struck a $43 billion deal in March to acquire Seagen and its targeted…
By Tarek Amara TUNIS (Reuters) -Undocumented sub-Saharan African migrants in Tunisia received three billion dinars (about $1 billion) in remittances from their countries during the first half of 2023, an official from the national security council said in a meeting late on Friday. President Kais Saied, who chaired the meeting, said, “This figure is shocking…
By Noor Zainab Hussain, Tatiana Bautzer and Saeed Azhar (Reuters) -Some of the largest U.S. banks said on Friday they got a profit boost from higher rates and painted a picture of a resilient economy, with sparks of hope in some businesses like deal-making that have been in the dumps of late. But they also…
By Kylie Madry MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Friday made public a document purporting to reveal the business dealings of a leading opposition politician vying to succeed him next year, prompting her to accuse him of abuse of power and threaten legal action. Reuters could not verify the authenticity…
By Sheila Dang and Krystal Hu (Reuters) -Elon Musk on Friday said the purpose of his new artificial intelligence company, xAI, will be to “understand the universe.” In an often meandering 90-minute long Twitter Spaces audio chat, the billionaire discussed his vision for xAI for the first time while veering into topics such as the…
(Reuters) – U.S. Civil rights leader Jesse Jackson is stepping down as head of the Chicago-based Rainbow PUSH Coalition he founded, according to remarks he made during a recent broadcast. Jackson, 81, has been a leader of the U.S. civil rights movement since the 1960s. He fought for the rights of Black Americans and other…
