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By Valerie Volcovici and Nichola Groom WASHINGTON (Reuters) -The U.S. Department of Energy is weighing cuts to billions of dollars in funding for projects meant to demonstrate nascent energy storage and carbon capture, according to a list seen by Reuters. Rescinding funding for the projects would represent a major blow to promising new carbon-emission cutting …

US battery and carbon capture projects slated for cuts on DOE list Read More »

By Sukriti Gupta and Medha Singh (Reuters) – The Nasdaq looked set to confirm a bear market on Friday, down more than 20% from its record high, as China and the U.S. entered a tit-for-tat tariff war that raised recession fears and clouded the outlook for tech companies spearheading the AI revolution. The tech-heavy index, …

Nasdaq set to confirm bear market as tariffs threaten Big Tech growth Read More »

By Sabine Siebold, Daphne Psaledakis and Lili Bayer BRUSSELS (Reuters) -The United States will know in a matter of weeks if Russia is serious about peace with Ukraine, U.S. Secretary of State Marco Rubio said on Friday, after European allies accused Moscow of stalling over the Trump administration’s call for a ceasefire. U.S. President Donald …

US will know within weeks if Russia is serious about peace, Rubio says Read More »

By Humeyra Pamuk WASHINGTON (Reuters) -The Trump administration moved forward with the sale of more than 20,000 U.S.-made assault rifles to Israel last month, according to a document seen by Reuters and a source familiar with the matter, pushing ahead with a sale that the administration of former president Joe Biden delayed over concerns they …

US sending Israel 20,000 assault rifles that Biden had delayed, say sources Read More »

By Gleb Stolyarov and Gleb Bryanski MOSCOW (Reuters) -The Russian economy, mainly insulated from Western markets by sanctions, has escaped immediate damage from sweeping U.S. tariffs but the Kremlin said on Friday it needs to take extra measures to minimise the impact of resulting market turbulence. President Donald Trump this week unveiled a 10% baseline …

Sanctioned Russia escapes immediate US tariff hit, braces for long-term impact Read More »

BEIRUT (Reuters) -Israel killed a commander of the Palestinian militant group Hamas in an airstrike on southern Lebanon on Friday, further testing a ceasefire that halted last year’s war between Israel and Lebanese militant group Hezbollah. The Israeli military said the targeted militant, Hassan Farhat, was behind a rocket attack on the city of Safed …

Israel kills a Hamas commander in Lebanon, further testing ceasefire Read More »

By Kevin Krolicki and Josh Arslan BEIJING (Reuters) – From his kitchen in Beijing, Yu Bo is running a campaign to connect China with America – one slapstick cooking video at a time. At a time when tensions between Washington and Beijing are high, it might seem like the odds are against him. Yu, 37, …

One Beijing man’s quest to keep cooking – and connecting with Americans – on camera Read More »

By Akash Sriram (Reuters) -Your favorite iPhone could soon become much pricier, thanks to tariffs.  U.S. President Donald Trump imposed a series of sweeping tariffs on countries around the world that could drastically alter the landscape of global trade, and consumer goods like iPhones could be among the hardest hit, analysts said on Thursday, with …

A $2,300 Apple iPhone? Trump tariffs could make that happen Read More »

By Doyinsola Oladipo (Reuters) -A deadly spring storm killed at least seven people and spawned tornadoes and drenching thunderstorms in a swath of the U.S. stretching from Texas to Ohio for a second day on Thursday, raising the risk of flooding. The powerful system is expected to stall over the country’s midsection, the National Weather …

Deadly US storm system may intensify on Friday after killing 7 Read More »