By Nelson Acosta HAVANA (Reuters) -Cuban authorities on Tuesday said the U.S. recently had a nuclear-powered submarine at its military base at Guantanamo Bay and called the action a “provocative escalation” of tensions weeks after Washington alleged that there was a Chinese spy base on the island. “The presence of a nuclear submarine there at…
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate is expected to slow to 7.0% in June, according to the median forecast in a Reuters poll, after hitting 7.8% in May, as the government battles to control spiraling prices ahead of elections in October. The poll of 23 analysts measures inflation by the…
By Sabine Siebold, John Irish and Andrew Gray VILNIUS (Reuters) -NATO leaders said on Tuesday that Ukraine should be able to join the military alliance at some point in the future but they stopped short of offering Kyiv an immediate invitation, angering Ukrainian President Volodymyr Zelenskiy. The leaders were meeting at a summit in the…
WASHINGTON (Reuters) -U.S. Vice President Kamala Harris on Tuesday announced new steps to lower the cost of childcare for American families with a proposal that would cap co-payments under a block grant program that serves 1.5 million children and their families each month. “This is a critical issue for almost every family in our country,”…
(Reuters) -Daimler Truck expects revenues to grow as much as 60% between 2025 and 2030, top management of the truck and bus maker told investors on Tuesday. The company’s optimistic outlook, presented at a capital markets day in Boston, comes a year after Daimler Truck became an independently listed company in a spin-off from the…
By Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s state oil company Petroleos Mexicanos will see its crude output reduced by some 100,000 barrels per day (bpd) until the beginning of August after a massive fire on Friday at an offshore platform, a top company source said. The reduced production implies that in total Pemex…
By Steve Holland VILNIUS (Reuters) – Fresh from handing Joe Biden a diplomatic victory by easing Sweden’s path into NATO, Turkish President Tayyip Erdogan wished the U.S. president good luck in his 2024 re-election campaign. “Now, you are getting prepared for the forthcoming elections,” Erdogan told Biden when the two met on the sidelines of…
By Safiyah Riddle (Reuters) -U.S. small business confidence climbed to a seven-month high in June as pessimism about the economic outlook diminished sharply and sales expectations improved, but a still-tight labor market continued to drive concerns about inflation, according to a survey released on Tuesday. The National Federation of Independent Business (NFIB) said its Small…
By Krystal Hu (Reuters) -Sapphire Ventures plans to invest over $1 billion in AI enterprise startups, doubling down on the technology’s adoption by companies across the world, its president Jai Das said at the Reuters MOMENTUM conference in Austin on Tuesday. The $1 billion in capital will come from Sapphire’s existing funds, which have $10…
By Joseph White and Ben Klayman DETROIT (Reuters) -The U.S. electric vehicle market is growing, but not fast enough during the latest quarter to prevent unsold EVs from stacking up at some automakers’ dealerships or to allow Tesla to avoid new price cuts, according to analysts and industry data. Rising inventories and price-cutting could represent…
