(Reuters) – The Biden administration plans to place Chinese chip maker Yangtze Memory Technologies (YMTC) and 35 other Chinese firms on a trade blacklist that would prevent them from buying …
Reuters
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US and World News
Biden signs marriage equality act to tune of Cyndi Lauper’s ‘True Colors’
by Reutersby ReutersBy Steve Holland WASHINGTON (Reuters) – U.S. President Joe Biden signed the Respect for Marriage Act into law on Tuesday at a jubilant celebration that featured U.S. singer Cyndi Lauper …
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After Mexico president backs Peru’s Castillo, Boluarte to call leaders
by Reutersby ReutersBy Valentine Hilaire and Marco Aquino MEXICO CITY (Reuters) -Peru’s new president, Dina Boluarte, moved to ease diplomatic tensions on Tuesday, saying she would talk with regional leaders who have …
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New Zealand forecasts recession next year but a narrower budget deficit
by Reutersby ReutersBy Lucy Craymer and Alasdair Pal WELLINGTON (Reuters) – New Zealand’s government on Wednesday forecast the country would enter a recession in 2023, even as the budget remained on target …
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Peru’s armed forces to take control of key infrastructure amid protests
by Reutersby ReutersBy Marco Aquino LIMA (Reuters) -Peru’s armed forces will take control of the “protection” of key infrastructure, its defense minister said Tuesday, as protests that have led to at least …
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Some 1,500 migrants crossed Rio Grande into El Paso on Sunday – witness
by Reutersby ReutersBy Jose Luis Gonzalez CIUDAD JUAREZ, Mexico (Reuters) – About 1,500 people crossed the Rio Grande overnight from Mexico into El Paso, Texas, a Reuters witness said on Monday, amid …
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Thai rate hikes to be gradual and measured – central bank minutes
by Reutersby Reuters(Corrects to add central bank as source of forecast in paragraph 6) BANGKOK (Reuters) -Thailand’s rate committee raised its key interest rate late last month and said further monetary tightening …
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Exclusive-China readying $143 billion package for its chip firms in face of U.S. curbs -sources
by Reutersby ReutersBy Julie Zhu HONG KONG (Reuters) -China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources said, in a major …
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Exclusive-How a secret software change allowed FTX to use client money
by Reutersby ReutersBy Angus Berwick, John Shiffman and Koh Gui Qing (Reuters) – In mid-2020, FTX’s chief engineer made a secret change to the cryptocurrency exchange’s software. He tweaked the code to …
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US and World News
Peru explodes into fiery protest as anger over political crises ignites
by Reutersby ReutersBy Marco Aquino and Adam Jourdan LIMA (Reuters) – As Peru careers from one political crisis to another, the country has exploded in protest, with at least seven dead in …
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Illumina defends $7.1 billion Grail buy to fend off antitrust regulators
by Reutersby ReutersBy Diane Bartz WASHINGTON (Reuters) – U.S. life sciences company Illumina Inc on Tuesday defended its $7.1 billion acquisition of biotech firm Grail Inc , pledging to keep selling its …
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FTX founder Bankman-Fried’s bail denial could increase chance of extradition
by Reutersby ReutersBy Jack Queen (Reuters) – FTX founder Sam Bankman-Fried’s failure to secure release on bail in the Bahamas on Tuesday increases the likelihood that he will consent to extradition to …
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Lula builds out econ team with Mercadante at BNDES, ex-banker aide to Haddad
by Reutersby ReutersBy Marcela Ayres and Lisandra Paraguassu BRASILIA (Reuters) – More of Brazilian President-elect Luiz Inacio Lula da Silva’s economic policy team took shape on Tuesday, with Workers Party (PT) veteran …
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Trade panel decision on auto rules dispute to come mid-January, Mexico says
by Reutersby ReutersMEXICO CITY (Reuters) – A trade panel’s decision under a regional trade pact regarding content requirements for the automotive sector will be published after Jan. 15, Mexico’s economy ministry said …
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US and World News
Alabama, Utah become the latest U.S. states to ban TikTok on state devices
by Reutersby Reuters(Reuters) – Alabama and Utah on Monday joined other U.S. states prohibiting the use of Chinese-owned short-video sharing app TikTok on state government devices and computer networks due to national …
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Rupert Murdoch to be deposed in $1.6 billion Dominion defamation case
by Reutersby ReutersBy Jack Queen and Helen Coster (Reuters) – Fox Corp Chairman Rupert Murdoch is set to be questioned under oath on Tuesday in a defamation lawsuit over his network’s coverage …
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WASHINGTON (Reuters) – The U.S. Securities and Exchanges Commission on Tuesday announced charges against the founder of cryptocurrency exchange FTX, Sam Bankman-Fried, accusing him of defrauding investors in what regulators …
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By John Kemp LONDON (Reuters) -China’s exit from a coronavirus suppression strategy relying on lockdowns will eventually boost oil consumption by more than 1 million barrels per day (bpd) as …
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By Nate Raymond (Reuters) – The U.S. Supreme Court on Tuesday agreed to hear an appeal by a North Carolina man serving life in prison after being convicted of taking …
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By Gram Slattery and Richard Cowan WASHINGTON (Reuters) – Negotiators in the U.S. Congress on Tuesday said they had reached agreement on funding the government through the end of its …
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US and World News
Soccer-Messi’s World Cup dream alive as Alvarez helps Argentina cruise past Croatia into final
by Reutersby ReutersBy Karolos Grohmann LUSAIL, Qatar (Reuters) -Lionel Messi earned a last shot at World Cup glory after his penalty and a double from Julian Alvarez helped Argentina sweep past Croatia …
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SYDNEY (Reuters) – Australia’s central bank wants mobile wallet providers to offer least cost routing options for merchants by the end of 2024, under new regulatory powers set to be …
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By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rose on Tuesday after a unexpectedly small consumer price increase buoyed optimism that the Federal Reserve could soon dial back its …
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By Paresh Dave (Reuters) -Apple Inc is preparing to allow alternative app stores on its iPhones and iPads in the European Union as soon as late next year to comply …
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By David Shepardson NORTH CHARLESTON, S.C. (Reuters) -Boeing Commercial Airplanes Chief Executive Stan Deal on Tuesday said the U.S. planemaker will continue to push Congress to pass legislation for the …