Trump and Zelenskiy at Trump Tower in September. Ukraine's mineral wealth could benefit US under new deal. REUTERS/Shannon Stapleton |
- US President Donald Trump said that Ukrainian President Volodymyr Zelenskiy wants to go to Washington on Friday to sign a "very big deal." The countries have agreed on the terms of a draft minerals deal, two sources told Reuters.
- Zelenskiy can still turn it to his country's long-term advantage, our Breakingviews columnist writes. This episode of Reuters Econ World podcast breaks down the importance of critical minerals, while today's Reuters World News discusses what's in the draft deal – and what's been left out.
- Separately, the Kremlin said that preparations were being made for expert-level talks between Russia and the United States to follow up on a high-level meeting last week and an earlier call between presidents Trump and Vladimir Putin.
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- The Republican-controlled House of Representatives advanced Trump's tax-cut and border security agenda, delivering a major boost to his 2025 priorities. The vote sent the budget resolution to the Senate, where Republicans are expected to take it up.
- Elon Musk, tasked with radically downsizing the US government, will attend Trump's first cabinet meeting today as turmoil continues to swirl around his plans to fire federal workers. The billionaire's role in the DOGE cost-cutting team has been questioned in court.
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- Mediators have reached a deal to release Palestinian prisoners who were originally set to be freed by Israeli authorities last Saturday, along with the handover of Israeli hostages' bodies by Hamas, an Egyptian source said. Follow the latest.
- China's military held "shooting training" off Taiwan's southwest coast in a move Taipei described as provocative and dangerous, while a senior Chinese leader vowed unswerving efforts to bring the island under Beijing's control.
- South Korea's fertility rate rose in 2024 for the first time in nine years, in a sign that the country's demographic crisis might have turned a corner. Policy efforts to incentivize companies and Koreans to embrace parenthood are starting to pay off.
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- Quarterly earnings from artificial intelligence darling Nvidia is today's marquee event for markets, with much riding on the chipmaker to deliver results that could placate investors who are questioning hefty spending in AI.
- Amazon is set to host an event showcasing new capabilities for Alexa that will bring the service into the age of generative artificial intelligence, more than a decade after it ushered in a wave of investment in voice assistants.
- Luxury carmaker Aston Martin announced it will cut about 5% of its global workforce to further reduce costs and drive future investments, and delayed the launch of its first battery electric vehicle for the second time.
- BP said it would increase annual oil and gas investment to $10 billion, returning the focus to fossil fuels, as part of CEO Murray Auchincloss' efforts to boost returns and improve financial performance.
- China International Capital Corp is set to merge with its peer China Galaxy Securities, said five sources, in a deal that would create the country's third-largest brokerage with $193 billion in assets.
- Over 45,000 US dockworkers represented by the International Longshoremen's Association voted to ratify a new six-year contract, formalizing a deal which offers bumper pay hikes and averts fears of any future disruption until 2030.
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Faithful gather as Pope Francis remains in hospital. REUTERS/Martin Cossarini |
Pope Francis is resting well as he battles double pneumonia, the Vatican said, with an official adding that he is continuing to eat normally and is able to move around his hospital room. We have images of Catholic faithful gathering around the world as the 88-year-old Pope underwent his treatments, in the longest hospital stay of his nearly 12-year-old papacy. |
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Celebrities mingled at an Oscar nominees dinner in Los Angeles. REUTERS/Mario Anzuoni |
Countdown to the big night: Timothee Chalamet, Ariana Grande, Demi Moore and other Oscar nominees celebrated at a film academy dinner that gave them a chance to mingle before Sunday's show. All of this year's more than 200 contenders, from actors to directors, producers, sound editors, makeup artists and others, were invited to the event at the Academy Museum of Motion Pictures. |
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