US Blames Iran for Tanker Attacks in See of Oman
2019-06-13 21:55:27 UTC
DUBAI/WASHINGTON (Reuters) - Two oil tankers were attacked on Thursday and left adrift in the Gulf of Oman, driving up oil prices and stoking fears of a new confrontation between Iran and the United States, which blamed Tehran for the incident.
“It is the assessment of the United States government that the Islamic Republic of Iran is responsible for the attacks that occurred in the Gulf of Oman today,” U.S. Secretary of State Mike Pompeo told reporters without providing explicit evidence to back up the U.S. stance.
“This assessment is based on intelligence, the weapons used, the level of expertise needed to execute the operation, rec...
US Weekly Jobless Claims Rise; Imported Inflation Weak
2019-06-13 18:19:18 UTC
WASHINGTON (Reuters) - The number of Americans filing applications for unemployment benefits unexpectedly rose last week, which could add to concerns that the labor market was losing steam after job growth slowed sharply in May.
Other data on Thursday showed import prices fell by the most in five months in May amid a broad decline in the cost of goods, the latest indication of muted inflation pressures. The import deflation supports expectations that the Federal Reserve will cut interest rates this year.
U.S. central bank policymakers are scheduled to meet on June 18-19 against the backdrop of rising trade tensions. Financial markets...
US Ranks Last in the world for Maternity Leave
2019-06-13 18:25:15 UTC
NEW YORK, 13 June 2019 — Sweden, Norway, Iceland, Estonia and Portugal offer the best family-friendly policies among 31 rich countries with available data, according to a new UNICEF repot. Switzerland, Greece, Cyprus, United Kingdom and Ireland rank the lowest. The United States is the only country included in the analysis with no national paid leave policy for mothers or fathers, ranking it the worst for maternity leave.
Produced by UNICEF’s Office of Research – The <a href="https://www.unicef.org/press-releases/sweden-norway-iceland-and-estonia-rank-highest-family-friendly-policies-oecd-and-eu"><em>report</em></a> ranks co...
UK’s Johnson Threatens to Withhold $50 Billion Brexit Payment
2019-06-09 01:46:56 UTC
(Reuters) - Boris Johnson, the leading candidate to succeed Theresa May as Britain’s next prime minister, said he would withhold a previously agreed 39 billion pound ($50 billion) Brexit payment until the European Union gives Britain better exit terms.
The EU has repeatedly said it will not reopen discussion of the Brexit transition deal it reached with May last year, which British lawmakers have rejected three times, prompting May to announce her resignation earlier this month.
May stepped down as leader of the governing Conservatives on Friday.
Johnson, a former foreign secretary in May’s cabinet, is popular with ordinary Conser...
US Economic Growth Continues to Slow
2019-06-07 16:37:19 UTC
NEW YORK (Reuters) - The U.S. economy is growing at a 1.4% annualized rate in the second quarter based on data that showed a weaker-than-forecast payrolls growth in May, the Atlanta Federal Reserve’s GDPNow forecast model showed on Friday.
This was a tad slower than the 1.5% pace estimated by Atlanta Fed’s GDP program on Thursday.
US HIRING SLOWS
WASHINGTON (AP) — U.S. hiring stumbled in May as employers added just 75,000 jobs, a sign that businesses have become more cautious in the face of weaker global growth and widening trade conflicts.
Last month’s modest job gain followed a much healthier increase of 224,000 in Apr...
Hunt for Shoppers: Luxury Brands Raising Stakes on Instagram
2019-06-07 16:10:35 UTC
PARIS (Reuters) - Big-spending luxury brands like Gucci, Louis Vuitton and Christian Dior are splashing out on everything from dance-fuelled fashion shows to teams of advisers as they target social media platforms in the hunt for young shoppers.
Without the entry barriers of magazine advertising - where a one page glossy ad can cost tens of thousands of dollars - sites like Instagram, a fashionista favorite, have allowed unknown labels to find an audience with canny or eye-catching campaigns.
But big bucks are changing the game as cash rich luxury goods groups like LVMH and Kering hike their social media budgets, giving them vast mea...
Toyota Speeds Up Electric Vehicle Schedule
2019-06-07 15:52:16 UTC
TOKYO (Reuters) - Toyota Motor Corp aims to get half of its global sales from electrified vehicles by 2025, five years ahead of schedule, and will tap Chinese battery makers to meet the accelerated global shift to electricity-powered cars.
The change illustrates the breakneck growth in the electric vehicle (EV) market, which is transforming the auto industry, and is also an acknowledgment by Japan’s top car maker that it may not be able to meet demand for batteries on its own.
Toyota is now faced with a higher-than-expected demand for cars that use batteries, rather than gasoline, Executive Vice President Shigeki Terashi told a brief...
EU to Create a System to Get Around US Block on WTO
2019-06-06 20:49:33 UTC
BERLIN/GENEVA (Reuters) - The European Union is set to propose creating a shadow system to get around a U.S. block on appeals in disputes at the World Trade Organization (WTO), according to a draft proposal circulated to national lawmakers.
U.S. President Donald Trump is blocking appointments to the WTO’s Appellate Body, saying its judges have overstepped their mandate and ignored their instructions. Trump’s critics say he resents their power over U.S. law.
Unless the block is lifted, the world’s top trade court will have only one of its seven members left by December, leaving it unable to hear appeals in international trade disputes...
Democrats Move to Hold Barr, McGahn in Contempt of Congress
2019-06-06 20:32:52 UTC
WASHINGTON (Reuters) - A U.S. House of Representatives committee, seeking to advance probes of President Donald Trump, unveiled a measure on Thursday that would authorize court action to enforce congressional subpoenas of Attorney General William Barr and former White House Counsel Don McGahn over the Mueller report.
The Rules Committee resolution was expected to go to a vote on the House floor on Tuesday, according to Democratic aides. If approved, the measure would put another aspect of the growing confrontation between Trump and House Democrats before the courts.
The resolution also sets the terms for possible court action by othe...
Poll: Biden, Sanders lead Trump in battleground state Michigan
2019-06-05 16:37:33 UTC
KALAMAZOO, Mich. (Reuters) - In an early sign of the potential weakness of U.S. President Donald Trump’s path to reelection, two Democratic presidential primary frontrunners are outshining the incumbent Republican in a poll of Michigan voters released on Wednesday.
Michigan is set to be a key battleground state in the November 2020 election and will be critical to Trump’s hopes of getting reelected to another four-year term.
The poll of likely voters found both former Vice President Joe Biden and U.S. Senator Bernie Sanders leading Trump by 12 percentage points if the vote were to be held today.
Only 36% of likely voters in Michig...
North Korea Tells US: Don't Try Our Patience
2019-06-05 06:06:46 UTC
SEOUL (Reuters) - North Korea warned the United States that agreements made between the two countries’ leaders in Singapore last year could be at risk, blaming the United States for undue pressure to denuclearize, state news agency KCNA said on Tuesday.
The statement comes as media reports indicated North Korea punished some members of its team that steered negotiations with the United States before a failed summit between North Korean leader Kim Jong Un and U.S. President Donald Trump in Hanoi in February.
Nearly a year after Trump and Kim first met in Singapore and signed a four-point joint statement pledging to work toward a new r...
Apple wants its login button above Google and Facebook
2019-06-05 05:23:38 UTC
(Reuters) - Apple Inc will ask developers to position a new “Sign on with Apple” button in iPhone and iPad apps above rival buttons from Alphabet Inc’s Google and Facebook Inc, according to design guidelines released this week.
The move to give Apple prime placement is significant because users often select the default or top option on apps. And Apple will require apps to offer its button if they want to offer options to login with Facebook or Google.
Apple unveiled its login button on Monday, emphasizing users’ privacy and also introducing a feature that randomly generates an email address to avoid revealing the person’s true email....
US shared sensitive nuclear power information with Saudi Arabia
2019-06-05 06:08:32 UTC
WASHINGTON (Reuters) - The Trump administration granted two authorizations to U.S. companies to share sensitive nuclear power information with Saudi Arabia shortly after the killing of journalist Jamal Khashoggi in October, a U.S. senator who saw the approvals said on Tuesday.
The timing of the approvals is likely to heap pressure on the administration of President Donald Trump from lawmakers who have become increasingly critical of U.S. support for Saudi Arabia since Khashoggi was killed in the Saudi consulate in Istanbul in October.
Khashoggi, a native of Saudi Arabia, left in 2017 to became a resident of the United States where he...
US Deploys 1,500 Troops to Middle East
2019-05-24 19:49:36 UTC
WASHINGTON (Reuters) - The United States announced on Friday the deployment of 1,500 troops to the Middle East, describing it as an effort to bolster defenses against Iran as it accused the country’s Revolutionary Guards of direct responsibility for this month’s tanker attacks.
U.S. President Donald Trump publicly announced the 1,500 figure, which had been previously reported by Reuters, and described it as a defensive measure. The troops include personnel manning missile defense systems, aerial surveillance to spot threats and engineers to fortify defenses.
“We want to have protection in the Middle East. We’re going to be sending a ...
Tearful Theresa May Quits as UK Prime Minister
2019-05-25 03:17:25 UTC
LONDON (Reuters) - Fighting back tears, Theresa May said on Friday she would quit after failing to deliver Brexit, setting up a contest that will install a new British prime minister who could pursue a cleaner break with the European Union.
May’s departure deepens the Brexit crisis as a new leader, who should be in place by the end of July, is likely to want a more decisive split, raising the chances of a confrontation with the EU and potentially a snap parliamentary election.
Former foreign minister Boris Johnson, the favorite to replace May, was first out of the blocks, saying Britain should be prepared to leave the EU without a de...
Elon Musk Says Tesla deliveries Set to Top Record
2019-05-23 15:41:53 UTC
(Reuters) - Tesla Inc is on course to top its record for quarterly deliveries in the second quarter, beating the 90,700 it sent to customers in the final quarter of last year, according to an email from Chief Executive Officer Elon Musk to staff.
Musk’s email, widely posted on social media and authenticated for Reuters by a source familiar with the matter, also said the company had on average produced 900 Model 3 cars per day this week, bringing it closer to a target of 7,000 per week.
Demand for the Model 3 sedan and Tesla’s other cars has moved to the top of investors’ list of concerns around the company after it reported slack fir...
British PM Theresa May 'Expected to Quit Friday'
2019-05-23 05:52:23 UTC
LONDON (Reuters) - British Prime Minister Theresa May is expected on Friday to announce her departure from office, The Times reported, without citing a source.
May will remain as prime minister while her successor is elected in a two-stage process under which two final candidates face a ballot of 125,000 Conservative Party members, the newspaper said.
<I><strong><hr>Reporting by Guy Faulconbridge</I></strong><hr>
Asia Shares Hit 4-Month Low on Risk of Endless Trade War
2019-05-23 05:34:55 UTC
SYDNEY (Reuters) - Asian shares broke support and caved to a four-month low on Thursday, as concerns grew that the Sino-U.S. trade conflict was fast morphing into a prolonged technology cold war between the world’s two largest economies.
Late Wednesday, Reuters reported the U.S. administration was considering Huawei-like sanctions on Chinese video surveillance firm Hikvision over the country’s treatment of its Uighur Muslim minority, according to a person briefed on the matter.
After the United States placed Huawei Technologies on a trade blacklist last week, British chip designer ARM has halted relations with Huawei in order to comp...
Iraq Could Become An Arena For US-Iran Armed Conflict
2019-05-17 22:02:57 UTC
BAGHDAD (AP) — When U.S. Secretary of State Mike Pompeo sat down with Iraqi officials in Baghdad last week as tensions mounted between America and Iran, he delivered a nuanced message: If you’re not going to stand with us, stand aside.
The message, relayed to The Associated Press by two Iraqi government officials, underscores Iraq’s delicate position: Its government is allied with both sides of an increasingly contentious confrontation.
As tensions escalate, there are concerns that Baghdad could once again get caught in the middle, just as it is on the path to recovery. The country hosts more than 5,000 U.S. troops, and is home to po...
Trump Says Some Auto Imports Threaten National Security
2019-05-17 20:40:13 UTC
WASHINGTON (Reuters) - US President Donald Trump declared that some imported vehicles and parts pose a national security threat but delayed a decision for as long as six months on whether to impose tariffs to allow for more time for trade talks with the European Union and Japan.
The unprecedented designation of foreign vehicles imported to the United States from some of its closest allies sparked anger from automakers, dealers and foreign governments after a White House document hinted it would seek voluntary export quotas on autos from U.S. trading partners.
European Trade Commissioner Cecilia Malmstroem said on Twitter that “we com...
US Federal Appeals Court: Trump Administration Violated Federal Law
2019-05-17 20:13:17 UTC
RICHMOND, Va. (AP) — A federal appeals court ruled Friday the Trump administration acted in an “arbitrary and capricious” manner when it sought to end an Obama-era program that shields young immigrants from deportation.
A three-judge panel of the 4th U.S. Circuit Court of Appeals ruled 2 to 1 that the Trump administration violated federal law when it tried to end the Deferred Action for Childhood Arrivals program without adequately explaining why. The ruling overturns a lower court ruling a judge in Maryland made last year, which Trump had previously praised via Twitter.
Friday’s ruling will not have any immediate effect as other fed...
Dutchman Travels Across 33 Countries on Electric Car
2019-04-18 22:49:36 UTC
Dutchman Wiebe Wakker on Sunday ended a 95,000 kilometer (59,000 mile) electric car journey that he hoped would show the world the viability of such vehicles.
Wakker arrived in the eastern Australian city of Sydney after driving his retrofitted station wagon nicknamed "The Blue Bandit" across 33 countries including Turkey, Iran, India, Myanmar, Malaysia and Indonesia, with the route determined by the offers he received on his website.
The trip started in the Netherlands and took just over three years. It was funded by public donations from around the globe, including electricity to charge the "Bandit," food and accommodation.
Mueller Report Does Not Exonerate Trump
2019-04-18 22:20:34 UTC
By Sarah N. Lynch and Andy Sullivan
WASHINGTON (Reuters) - Special Counsel Robert Mueller’s report on his inquiry into Russia’s role in the 2016 U.S. election described in extensive and sometimes unflattering detail how President Donald Trump tried to impede the probe, raising questions about whether he committed the crime of obstruction of justice.
Thursday’s release of the 448-page report after a 22-month investigation was a watershed moment in Trump’s tumultuous presidency and inflamed partisan passions ahead of his 2020 re-election bid in a deeply divided country.
Democrats said the report contained disturbing evidence of wron...
Restaurant Dishes Labeled Gluten-Free Often Are Not
2019-04-02 22:07:57 UTC
For people with celiac disease, even tiny amounts of gluten in foods can cause trouble, and restaurants may be the hardest places to avoid the hidden protein, a U.S. study suggests.
More than half of gluten-free pizza and pasta dishes tested in restaurants were positive for the presence of gluten, and overall, about one third of supposedly gluten-free foods had some gluten, researchers report in the American Journal of Gastroenterology.
“The long-suspected problem of gluten contamination in restaurant foods that has been reported by patients likely has some truth behind it,” said senior study author Dr. Benjamin Lebwohl, director of ...
Algeria’s President quits after Six Weeks of Mass Protests
2019-04-02 21:51:36 UTC
ALGIERS (Reuters) - Algeria’s ailing President Abdelaziz Bouteflika resigned on Tuesday, succumbing to six weeks of largely peaceful mass protests driven by youth and pressure from the powerful army against his 20-year rule.
Hundreds took to the streets of the capital after state media announced the 82-year-old’s departure, capping a wave of protests demanding the removal of an aging elite seen by many as out of touch with ordinary people and presiding over an economy riven by cronyism.
Bouteflika’s supporters had sought to stop the dissent by telling Algerians not to return to the dark days in the 90s when some 200,000 were killed i...