News
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Trump administration considers allowing tariffs of up to 15% for 150 days, WSJ reports
May 29 (Reuters) - President Donald Trump's administration is considering a stopgap effort to impose tariffs on large parts of the global economy under an existing law that includes language allowing for tariffs of up to 15% for 150 days, the Wall Street Journal reported on Thursday, citing peop...Reuters
Fri, May 30
Chinese tech companies prepare for AI future without Nvidia, FT reports
May 29 (Reuters) - China's biggest technology companies have begun the process of switching to homegrown chips as they contend with a dwindling stockpile of Nvidia NVDA.O processors and tightening United States export controls, the Financial Times reported on Thursday. Alibaba 9988.HK, Tencent 0...Reuters
Fri, May 30
Tat Technologies Ltd Says Pricing Of An Underwritten Public Offering Of 4.15 Million Ordinary Shares At Public Offering Price Of $26.00 Per Ordinary Share
May 29 (Reuters) - TAT Technologies Ltd TATT.TA:TAT TECHNOLOGIES LTD - PRICING OF AN UNDERWRITTEN PUBLIC OFFERING OF 4,150,000 ORDINARY SHARES AT PUBLIC OFFERING PRICE OF $26.00 PER ORDINARY SHAREReuters
Fri, May 30
ANALYSIS-South Korea's presidential election set to reshape policies for key U.S. ally
Liberal Lee Jae-myung leads polls for June 3 voteHis party vows to pursue pragmatic, democratic policiesLee calls for engaging North Korea, not antagonizing China, RussiaSome Americans sceptical of Lee's move to moderate positionsBy Josh SmithSEOUL, May 30 (Reuters) - South Korean liberal candid...Reuters
Fri, May 30
COLUMN-Drones, doubts as US allies look to NATO summit
By Peter Apps LONDON, May 30 (Reuters) - As Estonia’s defence minister opened a tech conference this week focused heavily on cutting-edge military equipment, he said his nation’s strategy in the face of mounting Russian pressure was to turn itself into a “fly that can paralyse an elephant”.Estoni...Reuters
Fri, May 30
Musk aiming to send uncrewed Starship to Mars by end of 2026
Starship's timeline depends on future test-flight progressOrbital refueling remains a major hurdle to overcomeEnd of 2026 window is when planets align, missing deadline would delay by two yearsNASA aims for Starship moon mission as step to Mars in 2027By Steve Gorman and Joey Roulette LOS ANG...Reuters
Fri, May 30
WRAPUP 10-Trump's tariffs to remain in effect after appeals court grants stay
Trade court ruled Trump exceeded authority under emergency powers actAppeals court orders plaintiffs to respond by June 5, administration by June 9Uncertainty over tariffs impacts trade talks and market reactionsBy Dietrich Knauth and Sarah Marsh May 29 (Reuters) - A federal appeals court tempora...Reuters
Fri, May 30
US probes effort to impersonate White House Chief of Staff, WSJ reports
May 29 (Reuters) - U.S. federal authorities are investigating an effort to impersonate White House Chief of Staff Susie Wiles, the Wall Street Journal reported on Thursday, citing people familiar with the matter.The report said Wiles had told associates that some of her cellphone contacts had been h...Reuters
Fri, May 30
Biovaxys Says Co And Horizon Technology Finance Corp Execute Amendment To Asset Purchase Agreement
May 29 (Reuters) - Biovaxys Technology Corp BIOV.CD:BIOVAXYS AND HORIZON TECHNOLOGY FINANCE CORP EXECUTE AMENDMENT TO ASSET PURCHASE AGREEMENT ("APA")BIOVAXYS TECHNOLOGY CORP - NEW AMENDMENT LOWERS CAPITAL RAISE MILESTONE TO $2,028,636Reuters
Fri, May 30
Trump calls Musk "terrific" and announces press conference with him Friday
WASHINGTON, May 29 (Reuters) - U.S. President Donald Trump praised Elon Musk on Thursday and said he will hold a press conference with the billionaire, whose tenure in the administration is ending, on Friday at 1:30 p.m. EST (1730 GMT) in the Oval Office."This will be his last day, but not reall...Reuters
Fri, May 30
CORRECTED-EXCLUSIVE-Nissan offers buyouts to US workers, halts global pay rises, internal emails show
Nissan has expanded cost cuts amid weak market performanceSteps include cutting seven production sites, 20,000 jobsTroubles stem from ageing line-up, lack of hybrids, analysts sayBy Daniel Leussink and Maki Shiraki TOKYO, May 28 (Reuters) - Japan's Nissan 7201.T has started offering buyouts t...Reuters
Fri, May 30
Musk aiming to send uncrewed Starship to Mars by end of 2026
Starship's timeline depends on future test-flight progressOrbital refueling remains a major hurdle to overcomeEnd of 2026 window is when planets align, missing deadline would delay by two yearsNASA aims for Starship moon mission as step to Mars in 2027By Steve Gorman and Joey Roulette LOS ANG...Reuters
Fri, May 30
Trump says court ruling on tariffs was wrong, hopes Supreme Court will reverse it
May 29 (Reuters) - U.S. President Donald Trump on Thursday criticized a trade court decision that said he had exceeded his authority in imposing his most sweeping tariffs, calling it wrong and that he hoped the Supreme Court would overturn the decision. "The ruling by the U.S. Court of Internati...Reuters
Fri, May 30
Trump will have a press conference with Musk in Oval Office on Friday
WASHINGTON, May 29 (Reuters) - U.S. President Donald Trump said on Thursday he will have a press conference with billionaire Elon Musk, whose tenure in the administration is ending, on Friday at 1:30 p.m. EST (1730 GMT) in the Oval Office."This will be his last day, but not really, because he wi...Reuters
Fri, May 30
Bessent says US trading partners still negotiating in good faith after court ruling
WASHINGTON, May 29 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Thursday that trading partners including Japan were continuing to negotiate with the U.S. in good faith, and there has been no change in their attitudes since a U.S. trade court ruled against the Trump administration's ...Reuters
Fri, May 30
US-China tariff talks 'a bit stalled,' needs Trump, Xi input, Bessent says
May 29 (Reuters) - U.S. trade talks with China are "a bit stalled" and getting a deal over the finish line will likely need the direct involvement of President Donald Trump and Chinese President Xi Jinping, U.S. Treasury Secretary Scott Bessent said on Thursday.Two weeks after breakthrough n...Reuters
Thu, May 29
US FAA extends program allowing Boeing to conduct agency tasks like inspections
Long-time program allows Boeing to conduct tasks on FAA behalfCritics have said the FAA did not ensure adequate oversightAgency says it will closely monitor Boeing actionsBy David Shepardson WASHINGTON, May 29 (Reuters) - The U.S. Federal Aviation Administration said on Thursday it would extend b...Reuters
Thu, May 29
Unilever's Ben & Jerry's calls war in Gaza a 'genocide'
By Jessica DiNapoli NEW YORK, May 29 (Reuters) - The independent board of Ben & Jerry's said the conflict in Gaza is a genocide, escalating a bitter feud between the ice cream maker and its longtime London-based corporate parent Unilever ULVR.L."Ben & Jerry's believes in human...Reuters
Thu, May 29
