By David Brunnstrom and Eric Beech WASHINGTON (Reuters) -U.S. Chief of Naval Operations Admiral Michael Gilday said on Monday the United States did not underestimate the difficulties ahead in realizing a three-nation project to supply Australia with nuclear-powered submarines and still did not know exactly where the initial batch of vessels would come from. U.S….
By Stephen Culp NEW YORK (Reuters) – Wall Street lost ground on Monday and crude prices advanced as investors digested the aborted Russian mutiny over the weekend and wrestled with lingering concerns over the path of Federal Reserve monetary policy. All three major U.S. stock indexes ended red, with megacap momentum stocks pulling the tech-heavy…
By Jeff Mason, Steve Holland and Simon Lewis WASHINGTON (Reuters) -President Joe Biden on Monday said a brief uprising by Russian mercenaries against the Kremlin was part of a struggle within the Russian system and that the United States and its allies were not involved in it. Biden offered a cautious assessment of unfolding events…
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose against the rouble on Monday, although it had pulled back from the 15-month high hit earlier in the session, while the Japanese yen gained modestly against the greenback following comments from the country’s top currency diplomat. After last being seen on Saturday night, the leader…
By David Shepardson WASHINGTON (Reuters) -Honda Motor is recalling 1.3 million vehicles worldwide due to a potential issue with the rearview camera image, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday. The recall covers some 2018-2023 Odyssey, 2019-2022 Pilot, and 2019-2023 Passport vehicles. Due to a faulty communication coaxial cable connector, the…
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear a bid by Apple Inc and Broadcom Inc to revive their challenges to Caltech data-transmission patents in a patent infringement case in which the university’s earlier $1.1 billion jury verdict against the companies was thrown out. The justices turned away an appeal by…
By Sofia Menchu and Diego Oré GUATEMALA CITY (Reuters) – Guatemalans voted for a new president on Sunday in an election headed for an August run-off, with early results putting the center-left in the lead but also appearing to show widespread voter frustration over the exclusion of an early favorite. The contest, dominated by international…
(This June 23 story has been corrected to clarify that 2020 marked 25 years of normalised relations in paragraph 4) HANOI (Reuters) – The U.S. nuclear-powered aircraft carrier Ronald Reagan will stop at Central Vietnam’s port city of Danang on Sunday in a rare visit for a U.S. warship to the southeast Asian nation, as…
By Saeed Azhar and Manya Saini NEW YORK (Reuters) – Goldman Sachs Group Inc plans to add former Bank of America executive Tom Montag to its board, a person familiar with the matter said on Monday, as Goldman’s leadership faces challenges over its strategy. The bank’s board is gathering in India this week, a second…
By Alexander Marrow (Reuters) – The rouble sank to its lowest in nearly 15 months against the dollar on Monday in one of its most volatile sessions this year as investors responded for the first time to an aborted mutiny by armed mercenaries in Russia over the weekend. Mercenaries led by Yevgeny Prigozhin withdrew from…
