By Chuck Mikolajczak NEW YORK (Reuters) -The dollar strengthened on Tuesday, after a reading of retail sales proved to be firmer than expected, but was not strong enough to alter expectations for the path of interest rates from the Federal Reserve. U.S. retail sales were unchanged in June, topping expectations of economists polled by Reuters…
(Deletes extraneous words ‘has been’ in paragraph 8) MILWAUKEE (Reuters) – Ohio U.S. Senator J.D. Vance, Donald Trump’s new running mate, has embraced trade barriers, isolationism and social conservatism, issues that have proven popular with much of Trump’s mostly white, working-class base. Some of those same stances, however, risk turning off moderate voters and major…
By Richard Cowan WASHINGTON (Reuters) – At least three U.S. House of Representatives Democrats were preparing to sign a letter protesting a plan to speed up the official party approval of President Joe Biden’s reelection bid, the lawmakers’ offices said on Tuesday. These Democrats are protesting a move by the party to hold a “virtual…
DUBAI (Reuters) – The United States should realise that Iran will not respond to pressure, President-elect Masoud Pezeshkian said in a statement published on Saturday, in which he also highlighted his country’s friendship with China and Russia. Pezeshkian, a relative moderate who beat a hardline rival in elections, also reiterated that Iran does not seek…
SEOUL (Reuters) -North Korea “most strongly denounces” the declaration at the recent NATO summit, KCNA said on Saturday, citing the country’s foreign ministry spokesperson. Leaders of NATO countries stressed a membership pledge for Ukraine and took a stronger stance on China’s support for Russia in a declaration this week at a summit in Washington. “The…
By Julie Steenhuysen (Reuters) -The Centers for Disease Control and Prevention (CDC) said on Friday that the state of Colorado has reported three presumptive cases of H5 bird flu virus infection in poultry workers. “There are no signs of unexpected increases in flu activity otherwise in Colorado, or in other states affected by H5 bird…
By Phuong Nguyen HANOI (Reuters) – Vietnamese electric vehicle (EV) maker VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 and cutting its delivery forecast for this year by 20,000 units amid uncertainties in the global EV market. VinFast, founded by Vietnam’s richest man Pham Nhat Vuong in…
(Reuters) – Tesla on Thursday launched a new rear-wheel drive variant of its Model 3 long-range vehicle, at a price $5,000 lower than the all-wheel drive version, according to the electric vehicle maker’s website. The new Model 3 long-range variant is priced at $42,490. There were no changes to the prices of the base Model…
By Fanny Potkin SINGAPORE (Reuters) – Intel’s push into software is going well and the company could have cumulative software revenue of $1 billion by the end of 2027, Chief Technology Officer Greg Lavender told Reuters. Intel made north of $100 million in software revenue in 2021, the year Lavender was brought in from cloud…
(Reuters) – Top U.S. independent oil producer ConocoPhillips said on Friday it received a second request from the U.S. Federal Trade Commission for information on its proposed acquisition of rival Marathon Oil. ConocoPhillips said both companies received the requests on July 11 and are working with the FTC to review the merger. CONTEXT Conoco said…
