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WASHINGTON (Reuters) – The United States strengthened restrictions on advanced computing semiconductors on Wednesday to prevent the diversion to China of high-end chips, the Commerce Department said. The new rules impose broader licensing requirements for chip factories and packaging companies seeking to export certain advanced chips, it said. They build on earlier measures aimed at …

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JERUSALEM (Reuters) -Israeli Prime Minister Benjamin Netanyahu’s office denied on Wednesday that Hamas had agreed to the Gaza ceasefire proposal from Qatari mediators, after an Israeli official said the Palestinian militant group had given its approval. Israeli media channels had reported that, following the green light from Hamas, the deal would be formally announced on …

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MOSCOW (Reuters) – Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSEG data showed on Wednesday. On Jan. 10, new Russia-related sanctions targeted more than 180 vessels and insurance companies, adding to the impact of similar restrictions imposed by United Kingdom and Europe Union. The vessels under …

Russian oil products trapped at sea by US sanctions, LSEG data shows Read More »

By Kanishka Singh WASHINGTON (Reuters) – Iran never plotted to kill Republican U.S. President-elect Donald Trump, Iranian President Masoud Pezeshkian said in an NBC News interview on Tuesday, denying past claims from Trump and the U.S. government. In November, the U.S. Justice Department charged an Iranian man in connection with an alleged plot ordered by …

Iran never plotted to kill Donald Trump, Iranian president says Read More »

By Kanishka Singh WASHINGTON (Reuters) – U.S. President Joe Biden and Egyptian President Abdel Fattah El-Sisi discussed negotiations for a ceasefire and hostage release deal in Gaza on Tuesday and agreed to remain in close coordination in the coming hours, the White House said. WHY IT’S IMPORTANT Negotiators were trying on Tuesday to clinch agreement …

Biden, Sisi to coordinate closely in ‘coming hours’ on Gaza ceasefire effort Read More »

HAVANA (Reuters) – Cuban President Miguel Diaz-Canel said on Tuesday his government would “gradually” release 553 prisoners following talks with the Vatican, a decision announced just hours after the Biden administration said it would loosen a host of sanctions on the island. Cuba praised Biden`s decision to ease restrictions as “correct” but said the actions …

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