MOSCOW (Reuters) – Russia’s most powerful mercenary on Thursday said he was sending back the bodies of a U.S. citizen who was killed in fighting in the Ukrainian city of Bakhmut and that of a Turkish citizen who was found dead in a blown up building. Mercenaries from Russia’s Wagner Group were shown in a…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar’s dominance in international trade and finance will persist for decades despite new challenges and even when a more multipolar currency system emerges it will be led by the greenback, Moody’s Investor Service said on Thursday. While the multi-decade fall in the dollar’s share of…
By Caroline Valetkevitch NEW YORK (Reuters) – Short sellers in shares of Nvidia Corp. were down $2.3 billion in mark-to-market losses Thursday as the stock surged more than 25% in early trading following the chipmaker’s blowout forecast, according to financial data firm S3 Partners. For the year to date, including this morning’s move, Nvidia shorts…
By Phuong Nguyen HANOI (Reuters) -Vietnamese electric vehicle (EV) maker VinFast said it is recalling all of the first batch of vehicles it shipped to the United States last year following a safety warning issued by U.S. authorities. The move came after the U.S. National Highway Traffic Safety Administration (NHTSA) said 999 of VinFast’s VF…
By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) -U.S. President Joe Biden and top Republican lawmaker Kevin McCarthy are edging close to a deal on the U.S. debt ceiling, with the parties just $70 billion apart on discretionary spending, according to a person familiar with the talks. What is likely to emerge will not be…
SINGAPORE (Reuters) – Chinese hacking teams have been blamed by Western intelligence agencies and cybersecurity groups for digital intrusion campaigns across the world, targeting everything from government and military organisations to corporations and media groups Cybersecurity firms believe many of those groups are backed by China’s government. U.S.-based Mandiant has said some Chinese hacking groups…
By Michael S. Derby NEW YORK (Reuters) – Boston Federal Reserve President Susan Collins said on Thursday the time may be at hand for the U.S. central bank to push the pause button on its interest rate hiking campaign to see how the impact of past tightening is weighing on activity. “While inflation is still…
(Reuters) – American Airlines Group Inc’s Chief Financial Officer Devon May said on Thursday the court ruling on the Northeast Alliance with JetBlue Airways Corp will not have any impact on the carrier’s earnings. American Airlines and JetBlue announced the creation of the Northeast Alliance (NEA) in July 2020 to coordinate flights and pool revenue…
By Foo Yun Chee BRUSSELS (Reuters) – Europe’s artificial intelligence (AI) rules are not for negotiation, EU industry chief Thierry Breton said on Thursday, as he criticised OpenAI CEO Sam Altman’s threat to quit the continent if it cannot comply with the legislation. Altman’s comments at a conference a day earlier came as the European…
By Raphael Satter and James Pearson LONDON (Reuters) – Researchers have discovered Israeli-made Pegasus phone hacking software deployed against targets across Armenia, including reporters at a U.S. government-funded news organization, a report released on Thursday found. A team of researchers from digital rights group Access Now, human rights organization Amnesty International, Canadian internet watchdog Citizen…
