Russia’s Putin to make first foreign trips since launching Ukraine war

Russian President Vladimir Putin attends a BRICS+ meeting during the BRICS summit via a video link in the Moscow region, Russia June 24, 2022. Sputnik/Mikhail Metzel/Kremlin via REUTERS Register now for FREE unlimited access to Reuters.com Register LONDON, June 26 (Reuters) – Vladimir Putin will visit two small former Soviet states in central Asia this … Read more

G7 aims to raise $600 billion to counter China’s Belt and Road

US President Joe Biden attends a working lunch with other G7 leaders to discuss shaping the global economy at the Yoga Pavilion, Schloss Elmau in Kuren, Germany, June 26, 2022. Kenny Holston/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register SCHLOSS ELMAU, Germany, June 26 (Reuters) – Group of Seven leaders on … Read more

Coronavirus updates: 21,000 new COVID cases last week in NC

We’re tracking information about the coronavirus and vaccines in North Carolina. Check back every Thursday for updates. More than 21,000 cases added At least 21,803 new coronavirus cases were reported in North Carolina last week, down from 23,787 the week before, according to preliminary data from state health officials. The NC Department of Health and … Read more

U.S. rebuffs China by calling Taiwan Strait an international waterway

The Arleigh Burke-class guided-missile destroyer USS Kidd and US Coast Guard cutter Munro conduct Taiwan Strait transits August 27, 2021. US Navy/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 14 (Reuters) – The United States on Tuesday backed Taiwan’s assertion that the strait separating the island from China is … Read more

EXCLUSIVE Disney/Pixar’s ‘Lightyear,’ with same-sex couple, will not play in 14 countries; China in question

LOS ANGELES, June 13 (Reuters) – Walt Disney Co (DIS.N) has been unable to obtain permission to show its new Pixar movie “Lightyear” in 14 Middle Eastern and Asian countries, a source said on Monday, and the animated film appeared unlikely to open in China, the world’s largest movie market. A “Lightyear” producer told Reuters … Read more

U.S. and allies trade barbs with China, Ukraine dominates Asia security meeting

SINGAPORE, June 11 (Reuters) – The United States and its allies traded barbs with China at Asia’s premier security meeting on Saturday, especially on Taiwan, but the war in Ukraine and a remote speech by President Volodymyr Zelenskiy dominated proceedings. US Defense Secretary Lloyd Austin earlier told the Shangri-La Dialogue in Singapore that Washington will … Read more

Yellen says U.S. inflation ‘unacceptable’ but likely to stay high

WASHINGTON, June 7 (Reuters) – The United States faces “unacceptable levels of inflation” Treasury Secretary Janet Yellen told senators on Tuesday, adding that it was likely to remain high but that she hoped price increases would soon moderate. At a Senate Finance Committee hearing, Yellen rejected Republican assertions that the highest inflation in 40 years … Read more

Biden waives solar panel tariffs for four countries, invokes defense law

WASHINGTON, June 6 (Reuters) – President Joe Biden waived tariffs on solar panels from four Southeast Asian nations for two years and invoked the Defense Production Act to spur solar panel manufacturing at home, the White House said on Monday, confirming a Reuters report. The tariff exemption applies to panels from Cambodia, Malaysia, Thailand and … Read more

EXCLUSIVE Feeling ‘super bad’ about economy, Musk wants to cut 10% of Tesla jobs

SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. REUTERS/Michele Tantussi/File Photo Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, June 2 (Reuters) – Tesla (TSLA.O) CEO Elon Musk has a “super bad feeling” about … Read more

Global automakers face electric shock in China

BEIJING, May 26 (Reuters) – If global automakers think they can extend their dominance in China into the electric era, they may be in for a shock. Kings of the combustion age such as General Motors and Volkswagen are falling behind local players in the booming electric vehicle (EV) market in China, a country that’s … Read more