MANILA (Reuters) -The Philippines and Canada signed a pact on Sunday for their armed forces to train on each other’s soil, boosting defence cooperation to tackle common security concerns in the Indo-Pacific region. Canada’s first such deal in the region, the Status of Visiting Forces Agreement (SOVFA) takes to five the number of accords…
WASHINGTON (Reuters) -President Donald Trump wants to hear from the courts how to fund SNAP food aid benefits for needy Americans and payments could flow by Wednesday as ordered by a U.S. judge, Treasury Secretary Scott Bessent said on Sunday. Asked if that could be done to meet a federal judge’s order that partial payments…
By Andrea Shalal WASHINGTON (Reuters) -A new White House rule issued Friday restricts the ability of credentialed journalists to freely access the offices of press secretary Karoline Leavitt and other top communications officials in the West Wing, near the Oval Office. The new memorandum from the National Security Council bans journalists from accessing Room 140,…
(Reuters) -Nvidia will invest up to $1 billion in AI company Poolside, in a deal that would quadruple the startup’s valuation, Bloomberg News reported on Thursday, citing people familiar with the matter. Poolside is in discussions to raise $2 billion at a pre-money $12 billion valuation, Bloomberg reported, adding that Nvidia’s investment in the round…
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(Reuters) -Nvidia on Wednesday became the first company to breach $5 trillion in market value, continuing a meteoric rise that has firmly positioned it at the heart of the global AI revolution. Share milestone:— Nvidia shares hit record high of $209.40 in early trading– Shares up 1087% pct since the launch of ChatGPT in Nov…
By Xinghui Kok KUALA LUMPUR (Reuters) -Top Chinese and U.S. economic officials on Sunday hashed out the framework of a trade deal for U.S. President Donald Trump and Chinese President Xi Jinping to decide on later this week that would pause steeper American tariffs and Chinese rare earths export controls, U.S. officials said. U.S. Treasury…
By Helen Coster (Reuters) -Isaac Stein makes his living as an attorney for the Internal Revenue Service, working mostly on his own, writing retirement plan regulations in a Washington office building. Since the federal government shut down early this month, his typical day could not be more different. Stein now spends afternoons on the streets…
LONDON (Reuters) -Gold funds received their largest weekly inflow on record in the week to Wednesday, Bank of America Global Research said in a note citing EPFR data, a week in which the precious metal’s price surged to a new record, before retreating sharply. Gold funds saw inflows of $8.7 billion in the week BofA said, putting…
(Reuters) -U.S. railroad operator Norfolk Southern posted a rise in third-quarter profit on Thursday, in its first earnings report after announcing an $85 billion deal to form the nation’s first coast-to-coast freight rail operator with Union Pacific. The deal, which drew a positive response from U.S. President Donald Trump, is still subject to regulatory clearance…
