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Boeing lost trust of Americans, needs strict oversight, US official says
WASHINGTON/SEATTLE, March 14 (Reuters) - U.S. planemaker Boeing BA.N lost its way and also lost the trust of the American people after a January 2024 mid-air emergency involving a new Boeing 737 MAX and two fatal crashes in 2018 and 2019, Transportation Secretary Sean Duffy said Friday.
Mon, Mar 17
China's Baidu launches two new AI models as industry competition heats up
HONG KONG, March 16 (Reuters) - China's Baidu 9888.HK said on Sunday it has launched two new artificial intelligence models, the multimodal ERNIE 4.5 and a new reasoning-focused model called X1, as it vies to stand out in a fiercely competitive AI race.Chinese AI startup DeepSeek's roll-out ...
Mon, Mar 17
Brent crude opens week higher as US vows to keep attacking Houthis
SINGAPORE, March 17 (Reuters) - Brent crude futures LCoc1 opened the week higher, rising 0.6% in early Asian trade on Monday, after the United States vowed to keep attacking Yemen's Houthis until they end attacks on shipping.The airstrikes, which the Houthi-run health ministry said killed at lea...
Mon, Mar 17
Euro zone stocks rally as German parties agree historic fiscal deal
LONDON, March 14 (Reuters) - European stock markets rallied on Friday as news of an agreement between German political parties on a historic debt deal added to optimism that has swept across the region, but analysts warned of the challenges ahead.
Fri, Mar 14
[Reuters Analysis] Donald Trump makes Chinese stocks (somewhat) great again
SINGAPORE/HONG KONG, March 14 (Reuters) - As U.S. President Donald Trump's wide-ranging trade war rouses fears of recession, global investors have found an unlikely new sanctuary: Chinese equities.Hong Kong's benchmark Hang Seng Index .HSI - where many major Chinese companies are listed - is up...
Fri, Mar 14
Euro rallies on rising prospect of historic German debt deal
March 14 (Reuters) - The euro rallied on Friday on rising prospects that German parties will agree a historic fiscal deal that could boost defence spending and revive growth in Europe's largest economy.
Fri, Mar 14
[Reuters Breakingviews] US banks set to capitalize on rare globalist pact
NEW YORK, March 13 (Reuters Breakingviews) - The new top cop at the U.S. Federal Reserve hardly fits the presidential mold. Michelle Bowman, Donald Trump’s pick to be the central bank’s vice chair of supervision, has indicated that she believes in aligning federal rules with Europe and the rest...
Fri, Mar 14
US Commerce chief says tariffs on autos from all countries 'would be fair'
WASHINGTON, March 14 (Reuters) - U.S. Commerce Secretary Howard Lutnick on Friday signaled that next month's U.S. tariffs could be imposed on cars from all countries, including South Korea, Japan and Germany.
Fri, Mar 14
BMW CFO: 1-bln-euro figure is estimate of impact of newly imposed tariffs
BERLIN, March 14 (Reuters) - BMW's BMWG.DE chief financial officer said the 1-billion-euro ($1.09 billion) figure mentioned earlier on Friday by its CEO was an estimate of the impact of newly imposed tariffs but was not a formal provision in its books.
Fri, Mar 14
Coffee price shocks take about a year to feed through to consumers, UN report says
LONDON, March 14 (Reuters) - Raw coffee price shocks take about a year to feed through to consumers while the residual impact lasts at least four years, according to a report published on Friday by the United Nation's Food and Agriculture Organisation (FAO).
Fri, Mar 14
China, Russia back Iran as Trump presses Tehran for nuclear talks
China, Russia, Iran say talks should be based on mutual respectThey say 'unlawful' unilateral sanctions should be liftedChina, Russia urge respect for Iran's right to peaceful uses of nuclear energyBy Ryan Woo, Xiuhao Chen and Laurie Chen BEIJING, March 14 (Reuters) - China and Russia...
Fri, Mar 14
Electronics giant Foxconn forecasts strong Q1 revenue after profit miss
Foxconn sees strong revenue growth in Q1Q4 profit drops 13% and misses forecast on non-operating lossSays it now has more resilient supply chains to cope with trade warSays AI server would account for over 50% of its server revenue this yearBy Wen-Yee Lee and Yimou Lee TAIPEI, March 14 (Reuters) ...
Fri, Mar 14
Amid tariff risks, Vietnam signs energy deals with US, reviews duties to boost US imports
Vietnam working on lower duties on US farm, tech goods, LNGVietnam, US firms sign deals for Vietnam's energy importsVietnam's trade minister meets US trade rep in WashingtonVietnam is among top exporters to US, has huge trade surplusLarge US business mission to visit Vietnam next weekBy Fran...
Fri, Mar 14
EMERGING MARKETS-Stocks rise on China boost, but face weekly dip on trade war concerns
March 14 (Reuters) - Emerging market stocks advanced on Friday, buoyed by heavyweight Chinese shares, but were set for modest weekly declines as U.S. President Donald Trump's tariff threats kept risk-taking in check.MSCI's index for emerging market stocks .MSCIEF climbed 0.9% by 0904 GMT, boosted...
Fri, Mar 14
Germany faces debt deal 'cliffhanger' as Merz strives for Greens' backing
BERLIN, March 14 (Reuters) - German Chancellor-in-waiting Friedrich Merz was set to make a last-ditch attempt on Friday to convince the Greens of his plans for a massive increase in state borrowing to bolster defence and infrastructure ahead of a parliamentary vote next week.
Fri, Mar 14
BMW does not expect U.S. tariffs to stay in place all year - CEO
BERLIN, March 14 (Reuters) - BMW BMWG.DE said it does not expect newly imposed U.S tariffs to remain in place until the end of the year, adding that if the situation changed, so would its outlook.
Fri, Mar 14
Putin suggests US ceasefire idea for Ukraine needs serious reworking
Putin says many details to work out in US truce planPutin says any ceasefire must lead to long peaceUS envoy visited Moscow for talksZelenskiy says Putin plans to reject ceasefire By Guy Faulconbridge, Andrew Osborn and Vladimir Soldatkin MOSCOW, March 13 (Reuters) - President Vladimir Putin said...
Fri, Mar 14
Trump's trade war is 'wake-up call' for Europe, Lagarde says
FRANKFURT, March 14 (Reuters) - A full-scale global trade war would hurt the United States in particular and could re-energise Europe's push towards unity, European Central Bank President Christine Lagarde said on Friday.The U.S. has imposed a raft of tariffs on friends and foes alike and...
Fri, Mar 14
Japan's yields on shorter-dated bonds fall as US Treasury yields drop
TOKYO, March 14 (Reuters) - Yields on shorter-dated Japanese government bonds fell on Friday, supported by overnight declines of U.S. Treasury yields, while those on longer-dated bonds rose amid a lack of demand at the fiscal year-end.The two-year JGB yield JP2YTN=JBTC fell 1 basis point to...
Fri, Mar 14
[Reuters Breakingviews] BYD’s shareholders are too cautious by half
HONG KONG, March 14 (Reuters Breakingviews) - BYD 002594.SZ, 1211.HK is getting too little credit from shareholders. Sure, the Chinese electric car maker’s stock has soared 70% over the past year. And last week buyers raced to snap up $5.6 billion of new shares the company sold in Hong Kong. Yet...
Fri, Mar 14
