WASHINGTON (Reuters) – The United States issued new sanctions targeting Iran’s “shadow fleet” on Thursday, citing one individual and India- and United Arab Emirates-based groups whose vessels have transported Iranian oil. The Treasury Department cited United Arab Emirates (UAE)-based Indian national Jugwinder Singh Brar, who owns shipping companies with a fleet of nearly 30 vessels….
(Reuters) -Elon Musk’s xAI has nearly doubled gas turbines at its Tennessee data center, exceeding previously known figures and surpassing the number for which the company has submitted permits, according to a letter from community groups to the county’s health department. The Southern Environmental Law Center and local groups have called on the health department…
BERLIN (Reuters) – Friedrich Merz, Germany’s likely next chancellor, said U.S. President Donald Trump’s pause of tariffs for 90 days was evidence of a united European approach to trade having a positive effect, and called for tariff-free U.S.-EU trade. “Europeans are determined to defend ourselves and this example shows that unity helps most of all,”…
By Aditya Soni (Reuters) -The “Magnificent Seven” stocks were poised to gain more than $1 trillion in market value on Wednesday after U.S. President Donald Trump approved a 90-day tariff pause, easing pressure on tech giants that had tumbled in recent sessions. Shares of the companies, which include AI chip giant Nvidia, Apple, Tesla and…
By David Shepardson WASHINGTON (Reuters) -U.S. traffic deaths fell 3.8% in 2024 to 39,345, the lowest number since 2020, but fatalities on American roads remained above pre-COVID levels, the National Highway Traffic Safety Administration said on Tuesday. Last year marks the first time since 2020 that annual deaths involving vehicles dropped below 40,000 but they…
(Reuters) -A Tesla Supercharger station was damaged in Lacey, Washington, on Tuesday, according to local police and the Federal Bureau of Investigation. The impacted Tesla Supercharger station, which is located at 665 Sleater Kinney Road SE in Lacey, comprises 12 Superchargers, each capable of delivering up to 250 kW of power, according to the company’s…
By Alexandra Ulmer, Marisa Taylor, Jeffrey Dastin and Alexandra Alper (Reuters) -Trump administration officials have told some U.S. government employees that Elon Musk’s DOGE team of technologists is using artificial intelligence to surveil at least one federal agency’s communications for hostility to President Donald Trump and his agenda, said two people with knowledge of the…
(Reuters) – Ripple said on Tuesday it will buy multi-asset prime broker Hidden Road in a $1.25 billion deal, making it one of the largest acquisitions by the crypto company. This is the second billion-dollar-plus deal involving a crypto company this year, as digital assets such as bitcoin gain more prominence under U.S. President Donald…
LONDON (Reuters) – A stock market rout, historic in scale, has swept across the globe wiping more than $10 trillion off major markets, as concerns about the economic damage unleashed by U.S. President Donald Trump’s tariffs spiral. No corner of the world has been left unscathed by selling, with moves of a magnitude last seen…
OTTAWA (Reuters) – The probability of a U.S. recession has risen significantly thanks to President Donald Trump’s tariffs and that will have a major negative effect on the Canadian economy, Prime Minister Mark Carney said on Monday. Carney also told a televised news conference he had spoken to Bank of Canada Governor Tiff Macklem and…
