(Reuters) -The Miami Heat avoided becoming the first team to squander a 3-0 NBA playoff series lead after beating the Boston Celtics 103-84 in Game 7 of the Eastern Conference Finals on Monday. After a dramatic defeat in the final seconds at home in Game 6 on Saturday, Miami got the win they needed at…
(Reuters) – Serbian President Aleksandar Vucic will meet on Tuesday with the ambassadors of the United States, Russia, China, Britain and the head of the European Union mission, the president’s office said late on Monday, after new clashes erupted in northern Kosovo. Vucic put the army on the highest level of combat alert after around…
TAIPEI (Reuters) – Artificial intelligence means everyone can now be a computer programmer as all they need to do is speak to the computer, Nvidia Corp CEO Jensen Huang said on Monday, hailing the end of the “digital divide”. Nvidia has surged to become the world’s most valuable listed semiconductor company as a major supplier…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Global trading volumes return to more normal levels on Tuesday as U.S. and UK markets re-open after their one-day holidays, with optimism over a U.S. debt ceiling agreement set to support risk assets and lift bond yields and…
OTTAWA (Reuters) – Canada’s federal government and the Quebec province will each provide about C$150 million ($112 million) for a General Motors-POSCO Chemical battery materials facility that is expected create about 200 jobs in the country, the Canadian industry ministry said on Monday. The U.S. carmaker and South Korea’s POSCO outlined their plan last year…
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices edged higher in choppy trading on Monday, as markets weighed a tentative U.S. debt ceiling deal that would avert a default by the world’s top oil consumer against further Federal Reserve interest rate hikes that could curb energy demand. Brent crude futures settled up 12 cents, or…
By Gram Slattery and Andy Sullivan WASHINGTON (Reuters) -A handful of hard-right Republican lawmakers said on Monday they would oppose a deal to raise the United States’ $31.4 trillion debt ceiling, in a sign that the bipartisan agreement could face a rocky path through Congress before the U.S. runs out of money next week. Although…
NEW YORK (Reuters) – U.S. President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to suspend the federal government’s $31.4 trillion debt ceiling, ending a months-long stalemate. But the deal still faces a difficult path to pass through Congress before the U.S. runs out of money to pay its debts…
By Laura Matthews, Chibuike Oguh and Herbert Lash (Reuters) -Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers strive to pass the agreement through Congress before a June 5 deadline. A deal to lift the $31.4 trillion debt limit announced by the…
By Daniel Trotta (Reuters) – Search and rescue teams working throughout the night rescued an eighth victim from an apartment building that collapsed in Davenport, Iowa, officials said on Monday. The city’s mayor and fire chief told reporters they believe the incident will end without any fatalities. A center section of the six-story building with…
