MUMBAI (Reuters) -U.S. President Donald Trump issued an executive order on Wednesday imposing an additional 25% tariff on goods from India, saying the country directly or indirectly imported Russian oil. The additional tariffs mean India will face the highest levy along with Brazil, putting it at a significant disadvantage against regional competitors such as Vietnam…
By Dan Peleschuk KYIV (Reuters) -Public trust in Ukrainian President Volodymyr Zelenskiy fell to its lowest level in around six months following rare wartime protests against a move to curb the power of anti-corruption watchdogs, a leading Kyiv pollster said on Wednesday. The survey, by the Kyiv International Institute of Sociology, is the first by…
(Reuters) -A federal appeals court on Wednesday rejected a challenge to a U.S. Securities and Exchange Commission rule that reflects the agency’s policy not to settle civil enforcement actions unless the defendants agree not to publicly deny the allegations they face. The 9th U.S. Circuit Court of Appeals said the “gag rule” was not unconstitutional…
By Kenrick Cai SAN FRANCISCO (Reuters) -Alphabet’s Google on Wednesday announced a three-year, $1 billion commitment to provide artificial intelligence training and tools to U.S. higher education institutions and nonprofits. More than 100 universities have signed on to the initiative so far, including some of the nation’s largest public university systems such as Texas A&M and…
BRUSSELS (Reuters) -The European Union will suspend its two packages of countermeasures to U.S. tariffs for six months following a deal with U.S. President Donald Trump, a Commission spokesperson said on Monday. The EU-U.S. agreement leaves many questions open, including tariff rates on spirits, and Trump’s executive order last week setting tariffs on most EU…
By Akash Sriram (Reuters) -U.S. ride-hailing company Lyft said on Monday it will partner with China’s Baidu to deploy robotaxis across Europe starting next year, marking the Chinese search engine giant’s first foray into the European self-driven taxi sector. The partnership will launch initially in Germany and the United Kingdom, with Baidu’s electric RT6 robotaxis…
(Reuters) -The revisions to previous estimates of the size of U.S. payrolls gains for May and June that prompted President Donald Trump to fire Bureau of Labor Statistics Commissioner Erika McEntarfer on Friday were by any measure extraordinarily large. Indeed, the combined downward revision for the two months of 258,000 was the largest – outside…
By Luciana Magalhaes SAO PAULO (Reuters) -Brazilian payments company Stone said on Monday it has secured 295 million reais ($53.4 million) in financing from the Inter-American Development Bank’s private investment arm to expand credit offerings to small and mid-sized companies, focusing on Brazil’s remote Legal Amazon region. Funds from IDB Invest will support the development…
By Daphne Psaledakis and Ted Hesson WASHINGTON (Reuters) -U.S. Secretary of State Marco Rubio on Monday paved the way for the United States to deport certain lawful permanent residents, saying Washington determined some had supported Haitian gang leaders connected to a U.S.-designated terrorist organization. Rubio in a statement said certain U.S. lawful permanent residents had…
By Andrew MacAskill and Muvija M LONDON (Reuters) -A group of 25 Western countries including Britain, France, and Canada said on Monday Israel must immediately end its war in Gaza and criticised what they called the “inhumane killing” of Palestinians, including hundreds near food distribution sites. The countries in a joint statement condemned what they…
