TSMC says US tariffs have some impact but AI demand robust
The TSMC logo is displayed on a building in Hsinchu, Taiwan April 15, 2025. REUTERS HSINCHU, Taiwan, June 3 (Reuters) – Taiwan’s TSMC said on Tuesday that U.S. tariffs were having some impact on the company and had been discussed with Washington, but demand for artificial intelligence (AI) remains strong and continues to outpace supply. […]
Morning Bid: Inflation to set the tone for ECB
A view of the European Central Bank (ECB) headquarters in Frankfurt, Germany, March 6, 2025. REUTERS The highlight for the European day on Tuesday will be flash euro zone inflation figures for May, which come ahead of an expected rate cut from the European Central Bank (ECB) later in the week. Expectations are for consumer prices to have slowed […]
Airbus deliveries fell 4% in May, sources say
The logo of Airbus is seen on a building in Toulouse, France, March 11, 2021. REUTERS. NEW DELHI, June 3 (Reuters) – Airbus delivered around 51 airplanes in May, industry sources said, down 4% from the same month last year. The tally brings deliveries so far this year to around 243 aircraft, down 5% from the […]
Toyota Industries says it will discuss Toyota Group takeover bid on Tuesday
A Toyota Logo is seen at a Toyota dealership in Zaventem, Belgium, November 25, 2022. REUTERS TOKYO, June 3 (Reuters) – Toyota Industries will decide on Tuesday whether to accept a tender offer to take the company private, it said, after several media reported that it would accept a $42 billion offer from Toyota Motor […]
FEMA staff baffled after head said he was unaware of US hurricane season, sources say
A person sits at a desk inside of a mobile FEMA command center after tornadoes ripped through several U.S. states in downtown Dawson Springs, Kentucky, U.S., December 14, 2021. REUTERS A resident enters a FEMA’s improvised station to attend claims by local residents affected by floods following the passing of Hurricane Helene, in Marion, North […]
Top retired Chinese general Xu Qiliang dies of illness: state media
Xu Qiliang, vice chairman of the Central Military Commission, attends the second plenary session of the National People’s Congress (NPC) at the Great Hall of the People in Beijing, China May 25, 2020. REUTERS China’s Vice Chairman of the Central Military Commission Xu Qiliang arrives for a welcome dinner at the Xiangshan Forum in […]
Exclusive: US pushes countries for best offers by Wednesday as tariff deadline looms
Cranes at the Port of Los Angeles are empty of cargo ships as shown with a drone at in San Pedro California, U.S., May 13, 2025. REUTERS (Reuters) – The Trump administration wants countries to provide their best offer on trade negotiations by Wednesday as officials seek to accelerate talks with multiple partners ahead […]
South Korean delivery workers allowed rare pause in services to vote in snap election
Delivery trucks for e-commerce retailer Coupang leave a distribution centre in Seoul, South Korea, June 21, 2018. Picture taken June 21, 2018. REUTERS SEOUL, (Reuters) – South Korean e-commerce and courier companies agreed to a rare halt of their delivery services on Tuesday to allow busy delivery workers time to cast their ballot in the […]
Russia sets out punitive terms at peace talks with Ukraine
Ukrainian Defence Minister Rustem Umerov, who leads the Ukrainian delegation, speaks during a press conference at Ciragan Palace, on the day of the second round of peace talks between Russia and Ukraine, as Sergiy Kyslytsya, First Deputy Minister of Foreign Affairs of Ukraine, stands by his side, in Istanbul, Turkey, June 2, 2025. REUTERS […]
Government Notifies Guidelines for Scheme to Promote Manufacturing of Electric Passenger Cars in India
The Scheme will enablefresh investments from Global Manufacturers in EV Passenger Cars segment and would help to promote India as a global manufacturing destination for e-vehicles. The Government of India, under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi, has approved a forward-looking scheme to promote the domestic manufacture of passenger cars, with […]