DUBAI (Reuters) – Iran seized a Marshall Islands-flagged oil tanker in the Gulf of Oman in international waters on Thursday, the U.S. Navy said, the latest in a series of seizures or attacks on commercial vessels in sensitive Gulf waters since 2019. Iran’s army said it had seized a Marshall Islands-flagged oil tanker in the…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Amidst a deluge of economic indicators across the continent and a screeching U.S. tech sector rally that’s lifting global stock markets, all eyes in Asia will be fixed on one event Friday: the Bank of Japan’s policy meeting….
SAN FRANCISCO (Reuters) – Commercial vehicle maker Daimler Truck on Thursday launched Rizon, a medium-duty electric truck brand for the U.S., aiming to take on the likes of Isuzu Motors Ltd and Toyota Motor Corp’s truck and bus unit Hino Motors Ltd. Truck makers have long anticipated a shift to electric vehicles (EVs) with lower…
SEOUL (Reuters) – The U.S. secretary of commerce and her South Korean counterpart agreed to “minimise uncertainties” of chipmakers’ investments amid new U.S. semiconductor subsidies, Korea’s industry ministry said on Friday. Companies such as Samsung Electronics and SK Hynix, the world’s No. 1 and No. 2 memory chipmakers, are concerned about the criteria for subsidies…
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co CEO Jamie Dimon sent a clear message to employees this month: get back to the office. It touched a nerve among his staff. The largest U.S. lender’s employees inundated an internal messaging forum with criticism after its operating committee posted an…
WASHINGTON (Reuters) – Federal Trade Commission Chair Lina Khan met with the heads of other antitrust enforcers, including Britain’s, last week but no mergers were discussed, according to an FTC official who spoke amid allegations the FTC and UK are working together to block Microsoft’s bid for Activision. On Wednesday, Britain’s Competition and Markets Authority…
By Nathan Layne MANCHESTER, New Hampshire (Reuters) -Donald Trump said on Thursday that if he wins the 2024 presidential election, he will order the Justice Department to investigate “radical” county and state prosecutors whom he accused, without evidence, of targeting conservatives. In a campaign speech, the former president, who faces multiple criminal investigations, said the…
By Jacqueline Thomsen (Reuters) – Top U.S. Senate Democrat Chuck Schumer on Thursday warned the chief judge of a Texas federal court in a letter that Congress could intervene unless he agrees “to reform the method of assigning cases to judges” in the district. Schumer told U.S. Chief District Judge David Godbey of the Northern…
MOSCOW (Reuters) -Russia said on Thursday it had rejected a U.S. embassy request to visit detained Wall Street Journal reporter Evan Gershkovich in response to Washington’s refusal to grant visas to a group of Russian journalists. The foreign ministry said it had summoned a senior American diplomat to formally protest after reporters assigned to accompany…
By David Shepardson WASHINGTON (Reuters) – United Auto Workers (UAW) union President Shawn Fain and U.S. Senator Bernie Sanders on Thursday criticized a General Motors joint venture battery plant for paying workers much less than assembly plant employees even though it benefits from hefty U.S. government tax credits. Workers at the Warren, Ohio, joint venture…
