By Kevin Buckland TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba reiterated on Sunday that he will aim for the elimination of all tariffs in trade negotiations with the United States. Speaking on a Fuji Television morning program, Ishiba said that “discussions have gradually come together,” and that Tokyo’s relationship with U.S. President Donald Trump is…
By Tom Balmforth KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy said he would agree to meet Kremlin leader Vladimir Putin in Turkey on Thursday after U.S. President Donald Trump told him immediately to accept Putin’s proposal of direct talks. The Ukrainian leader had responded guardedly earlier on Sunday after the Russian president, in a night-time televised…
(Reuters) -OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the software giant’s access to cutting-edge AI models, the Financial Times reported on Sunday. A critical issue is how much equity in OpenAI’s new for-profit business…
By Emma Farge and John Revill GENEVA (Reuters) -U.S. Treasury Secretary Scott Bessent on Sunday reported “substantial progress” in U.S. talks with China’s top economic officials to de-escalate a damaging trade war, but offered no details of an agreement reached as two days of negotiations wrapped up in Geneva. Bessent told reporters that details would…
By John Revill and Emma Farge GENEVA (Reuters) -Chinese Vice Premier He Lifeng held talks with U.S. Treasury Secretary Scott Bessent on Saturday in a tentative first step towards defusing a trade war that is disrupting the global economy. Bessent and He were meeting in Geneva after weeks of growing tensions in which duties on…
By Amina Niasse and Nicholas P. Brown NEW YORK (Reuters) -Health and wellness companies are embracing weight-loss drugs and building offerings around them in an effort to avoid the fate of WeightWatchers, which declared bankruptcy this week, citing vastly increased use of the new blockbuster medicines. But some of WeightWatchers’ closest rivals, newer telehealth companies,…
(Reuters) -Google has agreed to pay $1.375 billion in a settlement in principle reached with the state of Texas over allegations the company violated users’ data privacy, Texas Attorney General Ken Paxton said on Friday. The agreement settles two lawsuits that covered three products for allegedly violating Texas consumer protection laws. “In Texas, Big Tech…
(Reuters) -U.S. equity funds saw outflows for a fourth straight week through May 7, driven by uncertainties around trade tariffs and as investors awaited U.S.-China trade talks for more clues. Investors withdrew a net $16.22 billion from U.S. equity funds during the week, the largest weekly net sales since March 19, data from LSEG Lipper…
By Michael Hogan, Peter Hobson and Gus Trompiz HAMBURG/CANBERRA/PARIS (Reuters) -Chinese buyers bought between 400,000 and 500,000 metric tons of wheat from Australia and Canada in recent weeks, traders said, as heat threatens to damage crops in China’s agricultural heartlands. China is the world’s top wheat grower and also imports large amounts of grain when…
(Reuters) -S&P Global affirmed Israel’s long- and short-term foreign and local currency sovereign credit ratings at “A/A-1” and warned that prolonged or intensified military conflict could negatively impact its economic, fiscal and balance of payments performance. Israel’s resumed military operations in Gaza, along with ongoing military activities in neighboring Lebanon and Syria, continue to elevate…
