PARIS (Reuters) – French President Emmanuel Macron appointed on Wednesday his former foreign minister as personal envoy to Lebanon just a year after he stepped down and having previously not been able to make any inroads in the political deadlock in the country. Macron led international efforts after a massive explosion that killed more than…
By Joseph Ax (Reuters) -North Dakota Governor Doug Burgum entered the 2024 Republican presidential race on Wednesday touting the small town values he would bring to Washington and expanding a crowded field of candidates led by a big city mogul, Donald Trump. Burgum, 66, a former software company executive, is largely unknown beyond his state,…
WASHINGTON (Reuters) – Former U.S. Vice President Mike Pence, in remarks announcing his challenge to Donald Trump, said the then-president had asked him to choose between him and the U.S. Constitution following their 2020 election loss and that anyone who put themselves above the founding document should not be president. In a speech in Iowa…
By Michael S. Derby NEW YORK (Reuters) – Some economists are challenging the view central to some Federal Reserve officials that once the current inflation surge and resulting rate tightening have run their course, the world will once again be one of historically low interest rates. Instead, forecasters at Deutsche Bank and Goldman Sachs believe…
By Jonathan Stempel (Reuters) – Boeing was sued on Wednesday by a Colorado company that accused the aerospace giant of stealing trade secrets for NASA’s Space Launch System rocket, and then building components with “critical” safety flaws that could endanger astronauts. Wilson Aerospace said it worked with Boeing for two years starting in 2014 after…
By Brenda Goh and Joe Cash SHANGHAI/BEIJING (Reuters) – A veritable parade of overseas CEOs including Tesla’s Elon Musk and Goldman Sachs’ David Solomon have made their way to a reopened China in the last few months. One notable common strand: they’ve not talked much in public about their trips which have mostly consisted of…
By Humeyra Pamuk and Aziz El Yaakoubi JEDDAH, Saudi Arabia (Reuters) -U.S. Secretary of State Antony Blinken had an “open, candid” conversation with Saudi Crown Prince Mohammed bin Salman in the early hours of Wednesday about a wide range of bilateral issues, a U.S. official said. The top U.S. diplomat arrived in Saudi Arabia late…
By M. Sriram and Aditya Kalra MUMBAI/NEW DELHI (Reuters) – Starbucks is revamping its strategy to lure Indians, including children, with smaller, cheaper beverages as it looks to expand in small towns amid a fierce challenge from domestic startups in one of its fastest-growing markets. Among the first foreign coffee brands to enter tea-loving India,…
By Nell Mackenzie and Chiara Elisei LONDON (Reuters) – Hedge fund Man Group Chief Executive Luke Ellis believes central banks have not tamed inflation and threats to the broader economy persist, he said on Wednesday. “The bigger picture is that central banks think they’ve done a lot but they haven’t really made much difference to…
By Kanishka Singh WASHINGTON (Reuters) – The United States on Wednesday announced a reward of up to $5 million for information that could lead to the arrest of Swedish national Maximilian Rivkin, who has been charged with involvement in drug trafficking and money laundering. The offer was announced by the U.S. State Department jointly with…
