By Martin Quin Pollard and Yew Lun Tian BEIJING (Reuters) – As news broke on Saturday that mercenary Wagner troops were careering towards Moscow in a short-lived rebellion, several businessmen from southern China began frantically calling factories to halt shipments of goods destined for Russia. While the mutiny – the biggest test of Russian President…
By Ju-min Park and Heekyong Yang SEOUL (Reuters) – When former Samsung executive Choi Jinseog won a contract with Taiwan’s Foxconn in 2018, he tapped his former employer’s supplier network to steal secrets to help his new client set up a chip factory in China, an indictment by South Korean prosecutors alleges. Prosecutors announced the…
By Jonathan Stempel (Reuters) -A U.S. judge has rejected Apple’s bid to throw out a class-action lawsuit that accused Chief Executive Tim Cook of defrauding shareholders by concealing falling demand for iPhones in China. U.S. District Judge Yvonne Gonzalez Rogers’ decision late Monday night clears the way for shareholders led by a British pension fund…
By Gabriel Araujo SAO PAULO (Reuters) -Investors were left disappointed by weaker-than-expected order numbers for Brazil’s Embraer at the world’s largest airshow last week, though some analysts were heartened by a bid from China and interest in Embraer’s electric aircraft unit. The world’s third-largest aircraft maker after Airbus and Boeing, Embraer bagged 13 fresh orders…
WASHINGTON (Reuters) – U.S. Deputy Secretary of State Wendy Sherman held a call with China’s ambassador to the United States on Tuesday to follow up on issues discussed during U.S. top diplomat Antony Blinken’s visit to Beijing last week, the State Department said. In the call with Chinese Ambassador Xie Feng, Sherman reiterated the importance…
By Jennifer Rigby LONDON (Reuters) – Three global health bodies are teaming up to investigate stockpiling experimental vaccines for rare infectious diseases so the shots can be tested more quickly when outbreaks happen, a top official from vaccine alliance Gavi told Reuters. The initiative will be led by Gavi, the World Health Organization (WHO) and…
WASHINGTON (Reuters) – The United States is encouraged by recent efforts by Armenia and Azerbaijan to engage productively on a peace process, State Department spokesperson Matthew Miller said on Tuesday as Washington hosts the two countries’ foreign ministers for talks. Earlier on Tuesday, Secretary of State Antony Blinken met with Armenian Foreign Minister Ararat Mirzoyan…
By Gram Slattery and Michael Martina WASHINGTON (Reuters) -Former U.N. ambassador Nikki Haley staked out one of the most hawkish positions on China in the 2024 Republican presidential field on Tuesday, calling for Washington to drastically limit ties with its geopolitical foe to address a dramatic rise in overdose deaths attributable to fentanyl in the…
By Michael Martina WASHINGTON (Reuters) – Republican lawmakers on Tuesday urged the U.S. State Department not to renew a decades-old U.S-China agreement on scientific cooperation, arguing that Beijing would seek to use it to help its military. The deal, signed when Beijing and Washington established diplomatic ties in 1979 and renewed about every five years…
By Dawn Chmielewski, Danielle Broadway and Sachin Ravikumar LOS ANGELES/GLASTONBURY, England (Reuters) – Call it Beyflation. Or maybe Swiftflation. The cost of certain goods is retreating in some places, but that doesn’t include live music. Concert tickets have surged in price, to the point where economists are noticing. Fans are shelling out a fortune for…
