Rescuers work at the site of a collapsed building in Bangkok. REUTERS/Ann Wang |
- A powerful earthquake rocked Southeast Asia, killing several people, bringing down a skyscraper under construction in Bangkok and toppling buildings in neighboring Myanmar. Follow our live coverage for the latest updates.
- Israel's military issued an evacuation order to residents of Hadath in Beirut's southern suburbs, the first such order since a ceasefire agreement that halted war between Hezbollah and Israel.
- The terms of a mineral deal between Ukraine and the US have not yet been finalized, a senior Ukrainian official said, after a summary of Washington's latest offer showed it demanding all of Ukraine's natural resources income for years.
- Greenlanders are bristling as Vice President JD Vance visits amid President Donald Trump's insistence that the US should control the Arctic island. Tom Little, in the capital Nuuk, joins the Reuters World News podcast with the view from the ground.
- China deployed two long-range H-6 bombers around the Scarborough Shoal this week, in Beijing's latest move to assert sovereignty over the hotly disputed atoll in the South China Sea, satellite images obtained by Reuters showed.
- Six Russians died and 39 foreign tourists were rescued when a viewing submarine sank off the Egyptian Red Sea resort of Hurghada.
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- US corporate profits surged to a record high in the fourth quarter amid strong demand and pricing power, but an uncertain economic outlook is creating a challenging environment for businesses that economists say could force companies to lay off workers to protect margins.
- Investors are calling time on a rally in European stocks and the euro after a blistering first quarter that many fear has exaggerated how fast a planned public spending boom can revive the region's still sluggish economy and shore it up against trade war risks.
- China's President Xi Jinping urged a gathering of global CEOs to protect industrial and supply chains, as Beijing seeks to assuage foreign firms' concerns over the Chinese economy's health while Trump threatens further tariffs.
- Major automakers can deal with Trump's tariffs on US auto imports in a number of ways, but all of them lead to higher prices, fewer choices of models or limits on features for consumers, industry experts said.
- Nvidia-backed CoreWeave reduced the size of its US initial public offering and priced its shares below the indicated range, dampening expectations that the listing would boost investor appetite for IPOs.
- Novo Nordisk shares have fallen 25% so far in March and are on track for their biggest monthly drop since July 2002, as investor worries intensify that the obesity drug market pioneer has lost its edge over US rival Eli Lilly.
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- The coming week will be dominated by Trump's plans for reciprocal tariffs, while the latest US jobs data, an Australian central bank meeting and a key euro zone inflation report will give markets plenty to consider.
- Trump has said April 2, the deadline by which he will unveil a full suite of trade policies, including tariffs, will be known as "Liberation Day."
- China's Huawei is expected to claim a triumph over US sanctions in its annual results, bolstered by its software push, progress in chips and booming smart-driving technology business that has helped it move out of "survival mode".
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Economic turbulence shakes US airlines |
Planes at Newark Liberty International Airport. REUTERS/Fabrizio Bensch/File Photo |
US airlines were flying high less than two months ago on talk of a new golden age, as strong travel demand and tight industry-wide capacity raised the prospect of a multi-year profit boom.
But Trump's broad tariffs and a crackdown on government spending have upended that optimism.
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A person holds a flower towards police officers during a protest in Istanbul. REUTERS/Alexandros Avramidis |
See a selection of our top photography from around the world this week. |
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Megyn Kelly -> Pete Hegseth responds to 2017 rape accusation. 🔥 vol. 3, issue 13 | December 6, 2024 Quick Hits All the news you need in...
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