HAVANA (Reuters) -The Cuban government fired its labor minister after she was publicly rebuked by the president for saying the country’s beggars were all phonies in disguise. A brief announcement Tuesday evening said Labor and Social Security Minister Marta Elena Feito had demonstrated a lack of “objectivity and sensitivity on topics that are currently central …
Cuba fires minister who said beggars were all fakes Read More »
BERLIN (Reuters) -European Central Bank policymaker Joachim Nagel said that a “steady hand” was required to deal with the uncertainty unleashed by U.S. President Donald Trump’s latest tariff threat, in comments to business daily Handelsblatt. In terms of monetary policy, “politics with a steady hand” is currently required, Nagel said in the interview, which the …
ECB’s Nagel calls for ‘steady hand’ amid tariff turmoil Read More »
By Savyata Mishra (Reuters) -Nutella spread maker Ferrero, armed with experience in health-regulated European markets and a track record of revamping struggling brands like Keebler cookies, has a good chance of reviving WK Kellogg’s legacy cereal brands with its $3.1 billion take-private deal announced last week. Ferrero, which makes sugary treats like Kinder chocolate eggs, …
Ferrero poised to revive WK Kellogg sales for health-conscious Americans Read More »
By David Lawder and Philip Blenkinsop WASHINGTON/BRUSSELS (Reuters) -President Donald Trump on Tuesday said the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement with the Southeast Asian country and more deals were coming, while offering fresh details on planned duties on pharmaceuticals. Trump announced the pact with Indonesia, a …
Trump sets 19% tariff on Indonesia goods in latest deal, EU readies retaliation Read More »
By Kanishka Singh (Reuters) -The U.S. Education Department said on Tuesday it opened a foreign funding investigation into the University of Michigan while alleging it found “inaccurate and incomplete disclosures” in a review of the university’s foreign reports. As part of the investigation, the department asked the university to share, within 30 days, tax records …
US opens probe into University of Michigan’s foreign funding Read More »
BEIJING (Reuters) -Chinese state firm employee Zhang Jinming makes up for a 24% cut to his salary by delivering food for three hours every night after work and on weekends – and hopes he can avoid awkward encounters with colleagues. “Being a part-time delivery person while working for a state-owned enterprise isn’t exactly considered respectable,” …
Analysis-Beneath China’s resilient economy, a life of pay cuts and side hustles Read More »
By Andrea Shalal and Jasper Ward WASHINGTON (Reuters) -President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve Chairman Jerome Powell, but suggested that might not happen. After landing at Joint Base Andrews following a trip to Pittsburgh, Trump was asked if Bessent was his top …
Trump: Bessent an option to replace Fed chair, ‘but I like the job he’s doing’ Read More »
By Steve Holland WASHINGTON (Reuters) -U.S. President Donald Trump said on Tuesday that Ukrainian President Volodymyr Zelenskiy should not target Moscow and that Russian President Vladimir Putin should agree to a ceasefire deal by a 50-day deadline or sanctions will kick in. His comments came after The Financial Times, citing people briefed on discussions, reported …
By David Shepardson WASHINGTON (Reuters) -U.S. Senate Commerce Committee Chair Ted Cruz said on Tuesday he will propose broad air safety legislation after a collision between an Army helicopter and an American Airlines regional jet in January near Reagan Washington National Airport that killed 67 people. The legislation would require the use of ADS-B, an …
By Patricia Zengerle and Michelle Nichols WASHINGTON/UNITED NATIONS (Reuters) -The United Nations needs reform and the United States must have a strong voice to counter China, Mike Waltz, U.S. President Donald Trump’s pick to be his U.N. envoy, said on Tuesday, adding that he is “confident we can make the U.N. great again.” Waltz – a …
Trump’s UN envoy pick Waltz says US needs strong voice to counter China Read More »
