By Simon Lewis, Nidal al-Mughrabi and Emily Rose AMMAN/CAIRO/JERUSALEM (Reuters) -The top U.S. diplomat swept through the Middle East on Sunday, warning that the Gaza conflict could spread across the region without concerted peace efforts, although Israel’s leader vowed to continue the war until Hamas was eliminated. U.S. Secretary of State Antony Blinken, at the…
TOKYO (Reuters) – Toyota Motor said it would restart its Japanese vehicle plants on Monday but, given the impact of the New Year’s Day earthquake, would decide separately about operations from Jan. 15. As aftershocks are continuing from the magnitude 7.6 quake that ravaged Japan’s western coast and many of its suppliers and their affiliates…
By Joey Roulette WASHINGTON (Reuters) -A lot is riding on the first launch of the new Vulcan rocket by the United Launch Alliance, a joint venture of Boeing and Lockheed Martin. A successful launch at Cape Canaveral next week would allow ULA to fulfill a deep backlog of missions worth hundreds of millions of dollars…
By Ann Saphir (Reuters) – Federal Reserve Bank of Dallas President Lorie Logan on Saturday warned that the U.S. central bank may need to resume raising its short-term policy rate to keep a recent decline in long-term bond yields from rekindling inflation. “If we don’t maintain sufficiently tight financial conditions, there is a risk that…
(Reuters) -Some of BP’s largest shareholders have urged the company to approach BAE Systems Chief Executive Charles Woodburn about becoming the British oil giant’s next boss, Sky News reported on Saturday, citing unidentified sources. Several large investors believe that BP should target the appointment of an external candidate as its CEO, according to the report….
By Jeff Mason and Steve Holland VALLEY FORGE, Pennsylvania (Reuters) – Joe Biden on Friday accused Republican Donald Trump, his likely 2024 election opponent, of instigating the Jan. 6 attacks and plotting revenge on those seeking to punish him, as the president put the future of U.S. democracy at the center of his bid for…
By Phuong Nguyen HANOI (Reuters) -Vietnamese electric vehicle (EV) maker VinFast on Saturday named its founder and biggest financial backer, Pham Nhat Vuong, as chief executive as it plans an ambitious overseas expansion and ramps up sales via dealerships. Vuong, 55, replaces Le Thi Thu Thuy, who had held the post since late 2021, VinFast…
(Reuters) -U.S. natural gas producer Chesapeake Energy and peer Southwestern Energy are nearing a merger that would create a nearly $17 billion company, a person familiar with the matter told Reuters on Friday. The deal could come together as soon as next week provided the talks do not fall apart, the source said, requesting anonymity…
By Howard Schneider LINTHICUM, Md. (Reuters) -Continued strong U.S. job growth and a low unemployment rate shows the Federal Reserve is not yet at the point where its efforts to control inflation risk a direct tradeoff with the central bank’s other goal of maintaining maximum employment, Richmond Fed President Thomas Barkin said on Friday. “Getting…
WASHINGTON (Reuters) – U.S. President Joe Biden accused Donald Trump, his likely rival in the 2024 presidential contest, of sacrificing U.S. democracy for power in a Pennsylvania speech marking the third anniversary of the Jan. 6, 2021, attacks on the U.S. Capitol. Trump’s presidential campaign is “all about him, not America,” Biden said. He said…
