By Amy Lv and Hongmei Li SINGAPORE (Reuters) -China says it wants to cut crude steel output this year but traders and steelmakers are betting Beijing won’t follow through as industry profitability improves and trade tensions weigh on the economy. The world’s largest steel producer in March unveiled plans to cut output and restructure its…
By Marisa Taylor and Alexandra Ulmer (Reuters) -Democratic Senator Elizabeth Warren urged the U.S. Department of Defense to ensure competitive AI contracting, according to a letter seen by Reuters on Wednesday, as tech billionaire Elon Musk’s artificial intelligence chatbot Grok gains ground in the federal government. Warren’s letter comes on the heels of Reuters reporting…
By Max Hunder KYIV (Reuters) -Russian forces launched a barrage of 367 drones and missiles at Ukrainian cities overnight, including the capital Kyiv, in the largest aerial attack of the war so far, killing at least 12 people and injuring dozens more, officials said. The dead included three children in the northern region of Zhytomyr,…
By Sabine Siebold BERLIN (Reuters) -Germany’s Chief of Defence, Carsten Breuer, has ordered the German military to be fully equipped with weapons and other material by 2029, a document seen by Reuters on Sunday shows. By 2029, Russia may have reconstituted its forces sufficiently to attack NATO territory, according to estimates by Breuer and other…
(Reuters) -Informatica is exploring a sale after attracting renewed takeover interest from suitors, including Salesforce, a person familiar with the matter told Reuters on Friday. Shares of Informatica had surged as much as 20% in afternoon trading after Bloomberg News first reported that the two companies are in discussion again. They were up 2.8% in…
(Reuters) – Elon Musk’s social media platform X was largely restored for most users after an outage that impacted tens of thousands of users in the United States on Saturday, according to outage tracking website Downdetector.com, following which he said that he is “back to spending 24/7” at his companies. At its peak around 8:51…
By Liam Mo and Fanny Potkin BEIJING/TAIPEI (Reuters) -Nvidia will launch a new artificial intelligence chipset for China at a significantly lower price than its recently restricted H20 model and plans to start mass production as early as June, sources familiar with the matter said. The GPU or graphics processing unit will be part of…
By Daniel Trotta (Reuters) -U.S. Defense Secretary Pete Hegseth on Friday issued orders that require journalists to have official escorts within much of the Pentagon building, the latest in a series of Trump administration restrictions placed on the press. The measures, which take effect immediately, bar credentialed reporters from most of the Department of Defense…
By Nate Raymond BOSTON (Reuters) -A federal judge ordered the Trump administration on Friday to facilitate the return of a gay Guatemalan man who said he was deported to Mexico despite fearing he would be persecuted there, after officials acknowledged an error in his case. U.S. District Judge Brian Murphy in Boston issued the order…
By Cassandra Garrison CIUDAD JUAREZ, Mexico (Reuters) -When residents in the state of Durango vote in Mexico’s first judicial elections next weekend, Leopoldo Chavez will be on the ballot for federal judge – despite the nearly six years he served in a U.S. prison. Chavez was convicted on drug offenses: for smuggling over 4 kilograms of…
