(Reuters) – Turkish President Tayyip Erdogan faces his toughest political challenge yet when the nation votes on Sunday, with the opposition sensing its best chance yet of ending his two decades in power and reversing his policies. The presidential and parliamentary votes, set for May 14 with a possible May 28 run-off, will decide not…
By Joey Roulette WASHINGTON (Reuters) – Vast, a startup backed by cryptocurrency billionaire Jed McCaleb, is aiming to launch a school bus-sized space station to orbit by late 2025 with some help from partner SpaceX, Elon Musk’s rocket firm. The cylindrical spacecraft dubbed Haven-1 is the latest platform planned as a replacement to the International…
By Alvise Armellini ROME (Reuters) – Italy’s competition watchdog AGCM is trying to close a legal loophole that has allowed several companies to evade antitrust fines and may help Amazon in an ongoing appeal, a legal expert and two sources told Reuters. The European Commission is closely following the matter, which has potential implications for…
MEXICO CITY (Reuters) – Mexico’s migration institute (INM) on Wednesday said it will suspend operations at 33 migrant detention centers as the country’s rights watchdog completes a review of the sites in the wake of a fire that killed 40 migrants in government custody. The facilities, located nationwide, can house up to 1,300 people at…
By Philip Pullella VATICAN CITY (Reuters) – Pope Francis appealed to countries on Thursday to manage waves of migrants as best they can and to expand channels for their safe and regular movement, as the United States grapples with a surge of new arrivals at its southern border. Francis made his comments in his message…
(Reuters) – Shares of WW International Inc, also known as WeightWatchers, slumped more than 12% before the bell on Thursday after the weight-loss program operator said its top shareholder Artal Group S.A. had sold its remaining stake in the company in a block trade. Market sources told Reuters late on Wednesday that a block of…
A look at the day ahead in U.S. and global markets from Mike Dolan Investor relief that ongoing U.S. disinflation takes pressure off the Federal Reserve to resume its 14-month interest rate rise campaign remains tempered by debt ceiling anxiety. While economists argue back and forth about the runes of April’s U.S. consumer price report,…
By Foo Yun Chee, Martin Coulter and Supantha Mukherjee (Reuters) -European lawmakers came a step closer to passing new rules regulating artificial intelligence tools such as ChatGPT, following a crunch vote on Thursday where they agreed tougher draft legislation. The European Union’s highly anticipated AI Act looks set to be the world’s first comprehensive legislation…
By Abhirup Roy SAN FRANCISCO (Reuters) -Rivian Automotive Inc is betting it can keep prices high for its debut lines of electric pickup trucks and sport-utility vehicles even when competition swells, its CEO said, a bold move that may be necessary if the startup wants to make a profit. And one some see as risky,…
By Andrea Shalal NIIGATA, Japan (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said many members of the Group of Seven advanced economies shared U.S. concerns about China’s use of “economic coercion” against other countries, and were considering how to counter such behavior. Yellen told a press conference that Washington had also long considered…
