By Nandita Bose and Jarrett Renshaw PHILADELPHIA (Reuters) -President Joe Biden made his 2024 re-election pitch to union members in Philadelphia on Saturday in his first political rally since launching his campaign in April, aiming to shore up a key part of his political coalition and bolster support among white working-class voters. The AFL-CIO, which…
By Valerie Insinna PARIS (Reuters) – U.S. planemaker Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled by the strength of the narrowbody market fueled by demand from low-cost carriers. Boeing expects airlines will need to buy 42,595 jets from now until 2042, up from 41,170 planes in its previous 20-year forecast…
By Philip Blenkinsop (Reuters) – European countries should strengthen relations with Taiwan if they want continued Taiwanese investment in semiconductor production, Foreign Minister Joseph Wu said during a visit to Europe last week. Overseas investments by Taiwan Semiconductor Manufacturing Corp (TSMC), the world’s largest contract chipmaker, need government approval, including for a potential factory in…
MEXICO CITY (Reuters) – Mexican authorities found 129 migrants, mostly from Guatemala, crowded into a truck trailer in the eastern state of Veracruz, the National Migration Institute (INM) said in a statement on Saturday. The migrants were crammed into a trailer in the midst of a heat wave in Mexico, where higher-than-normal temperatures have topped…
By Maayan Lubell JERUSALEM (Reuters) – Israel could find acceptable an understanding between its arch-foe Iran and the United States if it includes rigorous supervision of Tehran’s nuclear programme, a senior lawmaker said in comments aired on Saturday. According to Iranian and Western officials, Israel’s main ally Washington is holding talks with Iran to sketch…
(Reuters) – Inflation in the United States will not decline as quickly as markets are currently pricing, according to a note from strategists at Goldman Sachs cited in a Bloomberg report on Saturday. “Although we expect further declines in inflation going forward, markets appear considerably more optimistic than we are about the pace of cooling,”…
By Andrew Osborn (Reuters) – President Vladimir Putin said on Friday that his deployment of tactical nuclear weapons to Belarus, something he confirmed for the first time had already happened, was a reminder to the West that it could not inflict a strategic defeat on Russia. Speaking at Russia’s flagship economic forum in St Petersburg,…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Blackstone Group’s Scott Bommer, who oversaw its hedge fund unit’s growth strategy Horizon platform, is leaving the company for health reasons, according to two people familiar with the matter. Bommer, a former hedge fund manager, joined Blackstone in 2021 as a senior managing director when the company was…
By Steve Holland and Humeyra Pamuk WASHINGTON (Reuters) – Jens Stoltenberg is expected to be asked to remain as NATO secretary general for another year, according to a source familiar with the discussions and a U.S. official, as the alliance has struggled to decide on a replacement ahead of a mid-July summit in Lithuania. Stoltenberg’s…
By Anna Mehler Paperny TORONTO (Reuters) – Canada’s Supreme Court on Friday upheld a border pact under which Canada and the United States send back asylum seekers crossing the land border, finding the agreement does not violate asylum seekers’ right to life, liberty and security of the person. But it sent the case back to…
