Trump speaks to reporters aboard Air Force One on his return to Washington, D.C., March 16, 2025. REUTERS/Kevin Lamarque |
- US President Donald Trump said he plans to speak to Russian President Vladimir Putin on Tuesday and discuss ending the war in Ukraine, after positive talks between US and Russian officials in Moscow.
- The Trump administration has deported alleged members of a Venezuelan gang from the US despite a court order forbidding it from doing so, saying in an extraordinary statement that a judge did not have the authority to block its actions.
- The US has vowed to keep up its attacks on Yemen's Houthis until they end attacks on shipping. Listen to Phil Stewart on the Reuters World News podcast as he weighs in on the timing of the Trump administration's weekend strikes.
- Trump's return to work order for federal workers has triggered a hunt for desks and chaos in some agencies. Workers have complained they are less productive and unable to do their jobs.
- Portions of Pennsylvania, New York and Mid-Atlantic and Southeast states were still under a National Weather Service watch for damaging wind and tornadoes, as the death toll from weekend storms rose to 36 people across six states.
- Fire ripped through a packed and unlicensed nightclub in the North Macedonian town of Kocani, killing 59 people and injuring more than 150, officials said, after sparks ignited the roof as a live band performed.
- Thousands of people gathered on Rio de Janeiro's Copacabana Beach in a show of support for former Brazil President Jair Bolsonaro, who faces charges of leading a plot to topple the government and undermine the country's democracy after he lost a 2022 election.
- Rwandan-backed M23 rebels said they would send a delegation to peace talks with Democratic Republic of Congo's government expected to begin on Tuesday in Angola's capital.
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Tequila sector faces costs from tariff threats, stockpiling. REUTERS/Carlos Jasso/File Photo |
- Even if Trump's tariffs on Mexico are not imposed, the threats and uncertainty caused by on and off-again levies have already cost the tequila sector money and could drive a temporary slowdown in sales, producers, investors and analysts told Reuters.
- The US president has said he has no intention of creating exemptions on steel and aluminum tariffs and said reciprocal and sectoral tariffs will be imposed on April 2. For expert analysis about the state of the global economy, sign up for the Econ World newsletter.
- Trump's tariff hikes will drag down growth in Canada, Mexico and the United States while driving up inflation, the OECD forecast, cutting its global economic outlook and warning that a broader trade war would sap growth further.
- Fast-fashion retailer Forever 21's US operating company filed for Chapter 11 bankruptcy for the second time in six years, hamstrung by dwindling mall traffic and mounting competition from online retailers.
- China's State Council unveiled what it called a "special action plan" to boost domestic consumption, featuring measures including increasing residents' income and establishing a childcare subsidy scheme.
- UBS said frequently "ill-informed" public debate about potential risks from its business activities and size has created uncertainties going into 2025 as Switzerland grapples with how to regulate the country's biggest bank.
- Chinese electric vehicle giant BYD is considering Germany for a possible third assembly plant in Europe, a source familiar with the matter told Reuters, after the region's biggest economy and car market opposed EU tariffs on China-made EVs last year.
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Intel's new CEO plots overhaul of manufacturing and AI operations |
Intel logo is seen in this illustration taken February 16, 2025. REUTERS/Dado Ruvic/Illustration/File Photo |
Intel's incoming CEO Lip-Bu Tan has considered significant changes to its chip manufacturing methods and artificial intelligence strategies ahead of his return to the company, two people familiar with Tan's thinking told Reuters, in a sweeping bid to revive the ailing technology giant. The new trajectory includes restructuring the company's approach to AI and staff cuts to address what Tan views as a slow-moving and bloated middle management layer. Revamping the company's manufacturing operations, which at one time only made chips for Intel but have been repurposed to make semiconductors for outside clients such as Nvidia, is one of Tan's core priorities, these sources said. |
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Astronauts Sunita Williams, Nick Hague, Barry Wilmore and Donald Pettit, ISS, November 26, 2024. NASA/Handout via REUTERS |
A SpaceX capsule delivered four astronauts to the International Space Station early on Sunday in a NASA crew-swap mission that will allow a pair of stuck astronauts, Butch Wilmore and Suni Williams, to return home after nine months on the orbiting lab. |
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