By Karen Lema (Reuters) – Philippine President Ferdinand Marcos Jr has said the prospect of tensions escalating over Taiwan was a “grave concern” to Southeast Asian leaders and discussions about it were inevitable at this week’s summit in Indonesia. “Considering that we agree on the concept of ASEAN centrality when it comes to regional concerns,…
By Anirban Sen NEW YORK (Reuters) -A consortium comprising Elliott Investment Management, Patient Square Capital and Veritas Capital is nearing a deal to acquire Syneos Health Inc, a provider of clinical research to drug developers, for more than $7 billion, including debt, people familiar with the matter said. The consortium will pay about $43 per…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A heavy dose of Japanese corporate earnings and a smattering of South Korean economic data give Asian markets a local steer on Wednesday against a backdrop of growing unease surrounding the U.S. debt ceiling crisis. Full-year Japanese earnings…
By David Lawder and Jahnavi Nidumolu WASHINGTON (Reuters) -Wall Street executives who have advised the U.S. Treasury’s debt operations for the past 25 years warned on Tuesday they are “deeply concerned” about the debt limit impasse that has markets worried about a U.S. default on payment obligations. The 18 current and former chairs and vice…
By Jack Queen and Luc Cohen NEW YORK (Reuters) -Donald Trump must pay $5 million in damages for sexually abusing magazine writer E. Jean Carroll in the 1990s and then defaming her by branding her a liar, a jury decided on Tuesday. “Today, the world finally knows the truth,” Carroll said in a statement. “This…
By Julio-Cesar Chavez and Lizbeth Diaz EL PASO, Texas (Reuters) -U.S. border agents in El Paso, Texas, on Tuesday urged hundreds of migrants amassing on city streets to surrender to authorities as illegal crossings rose in the run-up to the end of COVID-19 border restrictions known as Title 42 later this week. At the same…
By Lizbeth Diaz MEXICO CITY (Reuters) – Long lines of migrants have amassed this week in the border city of Tijuana, near the sprawling wall that divides Mexico from the United States, in the final days of a three-year long COVID-19 policy that blocked people crossing from seeking asylum. The policy, known as Title 42,…
BERKELEY, California (Reuters) – Tesla said on Tuesday that its Texas factory achieved production of 5,000 Model Y vehicles per week, meaning that it would be able to produce about 260,000 of the vehicles annually. Tesla’s Texas factory has an annual capacity of at least 250,000 vehicles. (Reporting by Hyunjoo Jin; Editing by Sandra Maler)
By David Shepardson WASHINGTON (Reuters) – An auto trade group warned on Tuesday that aggressive U.S. targets for reductions in vehicle emissions may rely on a too rapid transition to electric vehicles (EVs) and pose significant challenges with manufacturing and supply chains. The U.S. Environmental Protection Agency (EPA) has proposed sharp emissions cuts that it…
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – (This May 8 story has been corrected to say that Yahlin Chang is the co-showrunner and executive producer of ‘The Handmaid’s Tale’, and not co-executive producer and writer, in paragraph 2, and to change the description of ‘American Born Chinese’ in paragraph 13) Writing for…
