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☆ Canada to Train Troops From Caribbean Nations for Haiti Mission
▼ + stars: | 2024-03-30 | by ( March | At P.M. | ) www.usnews.com time to read: +1 min

OTTAWA (Reuters) - Canada has sent around 70 soldiers to Jamaica to train troops from Caribbean nations who are due to take part in a U.N.-authorized mission to Haiti, the Canadian defense ministry said on Saturday. The initiative has been tied up in Kenyan court challenges ever since, effectively putting the mission on hold. The Canadian troops, from the predominantly French-speaking province of Quebec, will provide training on core peace-keeping skills and combat first aid, the defense ministry said in a statement. The troops are due to stay in Jamaica for an initial period of a month and will train around 330 troops from Jamaica, Belize and the Bahamas. Canada said last month it would give C$80.5 million to support the deployment of the Kenyan-led mission.

Persons: David Ljunggren, Chizu Nomiyama Organizations: OTTAWA, Kenya, Kenyan Locations: Canada, Jamaica, Caribbean, Haiti, Quebec, Belize, Bahamas

☆ Kamala Harris Pushes the Envelope as Biden Struggles With Some Democrats
▼ + stars: | 2024-03-29 | by ( March | At A.M. | ) www.usnews.com time to read: +7 min

Harris' evolving role comes as progressive Democrats target Biden over his pro-Israel stance, polls show him in a tight race against Republican rival Donald Trump. While some have knocked Harris's performance as vice president and value to the reelection campaign in the past, she's moved into a starring role. Current and former Harris aides disputed the idea of any difference in policy between Biden, characterizing their efforts as a difference in tone and emphasis. Biden cannot emphasize divisive cultural issues without alienating more conservative voters he needs to win, current and former aides said. If Trump wins white voters, the largest U.S. racial group, for the third election in a row, Biden needs a dominant showing among a diverse set of groups that typically favor Democrats.

Persons: Trevor Hunnicutt, Joe, Kamala Harris, Joe Biden, Harris, Biden, Donald Trump ., she's, Abbas Alawieh, She's, Dave Cavell, HARRIS Biden, Trump, Read, Arlene Eiras, Nandita Bose, Heather Timmons, Deepa Babington, Chizu Organizations: White, U.S, Republican, Trump, Hamas, Democratic, Freedoms, Reuters, Puerto Rican, Biden, Harris, Read Reuters Locations: Gaza, Selma, Alabama, Parkland , Florida, Israel, Minneapolis, Wisconsin , Michigan, Pennsylvania, U.S, San Juan, United States, Caribbean, Washington

☆ Biden Says 'Putin and His Thugs' Caused Navalny's Death
▼ + stars: | 2024-02-16 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +3 min

By Steve HollandWASHINGTON (Reuters) -U.S. President Joe Biden on Friday blamed Russian President Vladimir Putin for Alexei Navalny's death, saying he was "not surprised" but "outraged" by the opposition leader's passing. Make no mistake, Putin is responsible for Navalny's death." He also said he was "contemplating" additional steps to punish Russia in the aftermath of Navalny's death, paying tribute to the opposition leader for "bravely" standing up to Putin's government's "corruption" and "violence." The 47-year-old Navalny had been a leading critic of Putin, and Biden had said after meeting Putin in Geneva in June 2021 that Nalvany's death would risk devastating consequences for Putin. She also met with Alexei Navalny's wife Yulia on the margins of the conference and "expressed her sorrow and outrage" over reports of her husband's death, a White House official said.

Persons: Steve Holland WASHINGTON, Joe Biden, Vladimir Putin, Alexei Navalny's, Nalvany, Putin, Biden, Navalny, Donald Trump, Mike Johnson, Kamala Harris, Yulia, Trump, Steve Holland, Ismail Shakil, Gabriel Araujo, Doina, Trevor Hunnicutt, Chizu Nomiyama, Jonathan Oatis Organizations: White, Republican, U.S, Congress, NATO, House, Representatives Locations: Russia, Russian, Geneva, Ukraine, U.S, Baltic, Munich, Michigan , Wisconsin, Pennsylvania, NATO

☆ White House: Russia's Anti-Satellite Capability Is Concerning but No Immediate Threat
▼ + stars: | 2024-02-15 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

By Andrea Shalal and Steve HollandWASHINGTON (Reuters) - Russia is developing an anti-satellite capability that has not yet been deployed and U.S. President Joe Biden has requested direct diplomatic engagement with Moscow about it, the White House said on Thursday. John Kirby, the White House national security spokesperson, said the weapon is concerning but poses no immediate threat. At the daily White House news briefing, Kirby shed light on the new Russian capability after a senior Republican lawmaker, U.S. Representative Mike Turner, on Wednesday warned of a "serious national security threat." The Latest Photos From Ukraine View All 91 ImagesWhite House national security adviser Jake Sullivan planned to brief four senior lawmakers about the threat on Thursday. He said it was a troubling development "but no immediate threat to anyone's safety" on earth.

Persons: Andrea Shalal, Steve Holland WASHINGTON, Joe Biden, John Kirby, Kirby, Mike Turner, Jake Sullivan, Biden, Steve Holland, Chris Reese, Chizu Organizations: White House, Republican, White Locations: Russia, Moscow

☆ US to Stop Accepting New Enrollments for Low-Income Internet Subsidy Program
▼ + stars: | 2024-02-05 | by ( Feb. | At A.M. | ) www.usnews.com time to read: 1 min

WASHINGTON (Reuters) - The Federal Communications Commission on Thursday will stop accepting new enrollments for a government broadband internet subsidy program, used by nearly 23 million American households, which is set to run out of money in months. Congress previously allocated $17 billion to help lower-income families and people impacted by COVID-19 to gain internet access through a $30 per month voucher to use toward internet service. The White House in October asked for $6 billion to extend the program through December 2024 but Congress has not acted. The FCC says there is insufficient funding to support consumers beyond April. (Reporting by David Shepardson; Editing by Chizu Nomiyama)

Persons: David Shepardson, Chizu Nomiyama Organizations: WASHINGTON, Federal Communications Commission, FCC

☆ Pentagon Not Aware of Any Iranians Being Killed in Recent Strikes
▼ + stars: | 2024-02-05 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) - The Pentagon said on Monday that it was not aware of any Iranian deaths in the recent U.S. strikes against Iran-linked targets in Iraq and Syria. Air Force Major General Patrick Ryder told reporters initial indications were that the strikes did not kill any Iranians. In Syria, the strikes killed 23 people who had been guarding the targeted locations, said Rami Abdulrahman, director of the Syrian Observatory for Human Rights, which reports on war in Syria. War in Israel and Gaza View All 194 Images"It's fair to conclude that there likely were casualties associated with these strikes," Ryder told reporters, but said an assessment was ongoing. He added that there had been two attacks against U.S. troops in Syria since the Friday strikes, but there were no U.S. injuries.

Persons: Patrick Ryder, Rami Abdulrahman, Ryder, Joe Biden, Phil Stewart, Idrees Ali, Chizu Nomiyama, Cynthia Osterman Organizations: WASHINGTON, Pentagon, United, Revolutionary Guard, Air Force, Popular Mobilization Forces, Syrian, Human Rights, U.S Locations: U.S, Iran, Iraq, Syria, United States, Israel, Gaza, Tehran

☆ Canada to Sanction West Bank Settlers and Hamas Leaders - Minister
▼ + stars: | 2024-02-04 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

OTTAWA (Reuters) - Canada will impose sanctions on Israeli settlers who incite violence in the West Bank and introduce new sanctions on Hamas leaders, Foreign Minister Melanie Joly said on Sunday, after the United States took similar action last week. In an interview with the Canadian Broadcasting Corp on Sunday, Joly said some settlers "will be sanctioned" and "we will also bring new sanctions on Hamas leaders". Canadian Prime Minister Justin Trudeau on Friday said he was considering imposing sanctions on "extremist" settlers in the West Bank. War in Israel and Gaza View All 194 ImagesSince the 1967 Middle East war, Israel has occupied the West Bank of the Jordan River, which Palestinians want as the core of an independent state. In the 18 months before Hamas's Oct. 7 attack on Israel, the West Bank had already seen its highest levels of unrest in decades.

Persons: Melanie Joly, Joly, Justin Trudeau, Steve Scherer, Chizu Nomiyama Organizations: OTTAWA, West Bank, United, United States, Canadian Broadcasting Corp, West Bank ., West Bank of Locations: Canada, United States, Ukraine, I'm, Ottawa, Israel, Gaza, Jordan

☆ Republican Candidate Trump Says U.S. Needs to Impose Tariffs on China
▼ + stars: | 2024-02-04 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) -Republican presidential candidate Donald Trump said he would impose tariffs on China again if he is elected in November and they could exceed 60 percent. "I mean, look, the stock market almost crashed when it was announced that I won the Iowa primary (sic) in a record. Trump imposed tariffs on hundreds of billions of dollars worth of Chinese goods in 2018 and 2019 amid a bitter trade war between the world's two largest economies. Trump dismissed the notion that he would start another trade war with China. "It's not a trade war.

Persons: Donald Trump, Trump, Joe Biden, Biden, Xi, Doina Chiacu, Will Dunham, Chizu Organizations: WASHINGTON, Republican, Fox News, Iowa, New Hampshire, New, Democratic Locations: China, Iowa, New Hampshire, U.S

☆ Trump Would Not Reappoint Powell as Fed Chief
▼ + stars: | 2024-02-02 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

(Reuters) - Former President Donald Trump said he would not reappoint Federal Reserve Chair Jerome Powell if Trump wins this year's presidential election, the Republican frontrunner told Fox Business in an interview aired Friday. "No I wouldn't," Trump said in response to a question on whether he would reappoint Powell, whose second four-year term as chair will expire in 2026. Trump said he believes Powell is going to lower interest rates to help President Joe Biden's prospects for re-election. "I think he’s going to do something to help the Democrats, if he lowers interest rates,” Trump said. Biden, a Democrat who beat Trump in the 2020 White House race, reappointed Powell to a second term in 2021.

Persons: Donald Trump, Jerome Powell, Trump, reappoint Powell, Powell, Joe Biden's, ” Trump, Biden, Dan Burns, Doina, Chizu Nomiyama Organizations: Reuters, Trump, Republican, Fox Business, White, Fed Locations: U.S, Iranian, Suez, Asia, Europe, South Africa

☆ Biden Says He Has Decided How to Respond to Attack on US Troops in Jordan
▼ + stars: | 2024-01-30 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

By Jeff MasonWASHINGTON (Reuters) - U.S. President Joe Biden said on Tuesday he has made up his mind on how to respond to a drone attack that killed U.S. service members in Jordan, as he weighs punishing Iran-backed militias without triggering a wider war. He said the United States does not need a wider war in the Middle East, echoing comments from other officials on Tuesday that the United States does not want a war with Iran. Biden has been weighing his options and the expectation has been that there will be retaliatory strikes, but the timing of the response has been unclear. Three U.S. service members were killed and at least 34 wounded in a drone attack by Iran-backed militants on U.S. troops in northeastern Jordan near the Syrian border, officials said on Sunday. (Reporting by Jeff Mason; Writing by Doina Chiacu; Editing by Chizu Nomiyama)

Persons: Jeff Mason WASHINGTON, Joe Biden, Biden, Jeff Mason, Doina Chiacu, Chizu Nomiyama Organizations: White, U.S Locations: Jordan, Iran, Florida, United States, U.S, Syrian

☆ Exclusive-BDT & MSD Partners Explores $5 Billion Sale of Alliance Laundry-Sources
▼ + stars: | 2024-01-30 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

By Anirban Sen(Reuters) - Merchant bank BDT & MSD Partners, the owner of Alliance Laundry Systems, is exploring a sale of the U.S. laundry equipment manufacturer that could value it at nearly $5 billion, including debt, according to people familiar with the matter. BDT & MSD Partners, Alliance Laundry, and Morgan Stanley declined to comment. It supplies laundry systems to U.S. military facilities, laundromat chains, hotels, long-term healthcare facilities and clinics, restaurants, fire stations, residential apartments, and other businesses across sectors. In 2015, Ontario Teachers’ Pension Plan sold its majority stake in Ripon, Wisconsin-based Alliance Laundry to BDT Capital Partners, prior to its merger with MSD Partners. BDT & MSD Partners is run by former Goldman Sachs alumni Trott and Gregg Lemkau.

Persons: Anirban Sen, Morgan Stanley, Michael, Byron, Primus, Goldman Sachs, Trott, Gregg Lemkau, Silver, Armour, Shari Redstone, Chizu Nomiyama Organizations: Reuters, Merchant, MSD Partners, Alliance Laundry Systems, Alliance, Laundry, BDT Capital Partners Locations: Ontario, Ripon , Wisconsin, New York

☆ U.S. Privately Warned Iran About 'Terrorist Threat' Ahead of Islamic State Attack -Official
▼ + stars: | 2024-01-25 | by ( Jan. | At P.M. | ) www.usnews.com time to read: 1 min

By Simon LewisWASHINGTON (Reuters) - The U.S. government privately warned Iran about a "terrorist threat" within its borders ahead of a deadly attack last month claimed by the Islamic State militant group, a U.S. official said on Thursday. Two explosions at a memorial for Iranian commander Qassem Soleimani in the southeastern Iranian city of Kerman killed nearly 100 people and wounded scores more on Jan. 3. “The U.S. Government followed a longstanding ‘duty to warn’ policy that has been implemented across administrations to warn governments against potential lethal threats. We provide these warnings in part because we do not want to see innocent lives lost in terror attacks,” the U.S. official said, requesting anonymity. The Wall Street Journal first reported the warning on Thursday.

Persons: Simon Lewis WASHINGTON, Qassem Soleimani, Simon Lewis, Chizu Nomiyama Organizations: U.S, Islamic State, Government, Street Journal Locations: Iran, Iranian, Kerman

☆ Six Dead in Rio Tinto Plane Crash in Canada's Northwest Territories
▼ + stars: | 2024-01-24 | by ( Jan. | At P.M. | ) www.usnews.com time to read: 1 min

By Nia Williams(Reuters) - Six people were killed after a small plane carrying Rio Tinto workers crashed near Fort Smith in Canada's remote Northwest Territories (NWT), the NWT Coroner Service said on Wednesday. Four passengers and two North Western Air Lease crew members died in the crash, Chief Coroner Garth Eggenberger said in a statement, adding the plane had been travelling from Fort Smith en route to the Diavik Diamond Mine. There was one survivor who was treated at the Fort Smith Health Centre before being taken to hospital in the provincial capital Yellowknife. Rio Tinto Chief Executive Jakob Stausholm said in a statement on Tuesday night that the company was devastated by the crash. (Reporting by Nia Williams in British Columbia, Editing by Franklin Paul and Chizu Nomiyama)

Persons: Nia Williams, Garth Eggenberger, Jakob Stausholm, Franklin Paul, Chizu Organizations: Reuters, Tinto, Northwest Territories, NWT, Service, Western Air Lease, Fort Smith Health, Yellowknife . Rio Tinto Chief Locations: Fort Smith, Northwest, Yellowknife . Rio, British Columbia

☆ Russia Seeks Emergency UN Security Council Session on Plane Crash
▼ + stars: | 2024-01-24 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) - Russian Foreign Minister Sergei Lavrov said Russia has called for an emergency U.N. Security Council session on Wednesday to discuss the crash of a Russian plane that Moscow says was carrying captured Ukrainian soldiers to a prisoner exchange. Russia has accused Ukraine of deliberately shooting down the military transport plane carrying 65 captured Ukrainian soldiers to the prisoner exchange in what it called a barbaric act of terrorism that had killed a total of 74 people. Lavrov told a press conference at the United Nations that Russia had called for the Security Council meeting to be held at 3 p.m. He called the downing of the aircraft on Wednesday a "criminal" act by Ukraine and said Russia sought the session so the Ukrainians could explain how the plane went down. It said Russia's accusations that Kyiv shot down the transport plane could be "a planned action to destabilize the situation in Ukraine and weaken international support for our state."

Persons: Sergei Lavrov, Lavrov, Daphne Psaledakis, Arshad Mohammed, David Brunnstrom, Chizu Nomiyama, Jonathan Oatis Organizations: WASHINGTON, Russian, Security, United Locations: Russia, Russian, Moscow, Ukraine, United Nations, Belgorod, Kyiv, Ukrainian, Kharkov

☆ Zelenskiy Counts on More Western Defence Aid for Ukraine in Next Two Months
▼ + stars: | 2024-01-20 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

By Nick StarkovKYIV (Reuters) - President Volodymyr Zelenskiy said on Saturday that he expected a number of new Western defence packages for Ukraine to be signed this and next month. "We are preparing new agreements with partners - strong bilateral agreements," Zelenskiy said in his nightly video address. After Russia launched its full-scale invasion of Ukraine in February 2022, Kyiv's Western allies united in providing unprecedented military and other aid to help Zelenskiy defend his country. Zelenskiy did not name the countries with which he hoped to finalise agreements. The Ukrainian president has spent weeks on an international diplomatic frenzy trying to secure more political and military support.

Persons: Nick Starkov, Volodymyr Zelenskiy, Zelenskiy, Kyiv's, Kyiv's staunchest, Emmanuel Macron, Lidia Kelly, Chizu Nomiyama Organizations: Nick Starkov KYIV, Russia, Ukraine Locations: Ukraine, United States, Ukraine's, Britain, finalise, Paris, Melbourne

☆ Residents of Southern Mexican Town Set Govt Palace on Fire After Police Kill Young Man
▼ + stars: | 2024-01-20 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

LERDO DE TEJADA, Mexico (Reuters) - Residents of a Mexican town set fire to the municipal palace overnight on Friday in a violent protest after local police shot a young man in the neck, according to his relatives, after he did not stop his car at a checkpoint. National media reported that police shot dead 27-year-old Brandon Arellano, the son of a local teacher, as he arrived outside his grandmother's house. Residents of Lerdo de Tejada, a town in the Gulf coast state of Veracruz, overturned a police car and set it on fire and clashed with police officers at the scene. They also broke windows at the local government palace and set it on fire. (Reporting by Tamara Corro in Veracruz and Raul Cortes in Mexico City; Writing by Sarah Morland; Editing by Chizu Nomiyama)

Persons: LERDO DE, Brandon Arellano, Delfino Arellano, Arellano, Lerdo de Tejada, Tamara Corro, Raul Cortes, Sarah Morland, Chizu Nomiyama Organizations: Authorities Locations: LERDO DE TEJADA, Mexico, Lerdo, Gulf, Veracruz, Mexico City

☆ Putin Showed Intention to Visit Pyongyang Soon, North Korea Says
▼ + stars: | 2024-01-20 | by ( Jan. | At P.M. | ) www.usnews.com time to read: 1 min

SEOUL (Reuters) - Russian President Vladimir Putin showed his intention to visit Pyongyang soon, North Korea's state media KCNA reported on Sunday. Putin also thanked North Korean leader Kim Jong Un for his invitation to visit as he met North Korean Foreign Minister Choe Son Hui who visited Russia last week, KCNA said citing a foreign ministry official. Russia thanked North Korea for its support and solidarity in the Ukraine war, and the two also expressed serious concerns over provocative acts by the United States and its allies against Pyongyang's sovereign rights while agreeing to cooperate in regional affairs, the report said. The cooperation between Pyongyang and Moscow will be in line with the U.N. Charter and other international laws, it added. (Reporting by Hyunsu Yim; Editing by Chizu Nomiyama)

Persons: Vladimir Putin, Putin, Kim Jong Un, Choe Son Hui, KCNA, Hyunsu Yim, Chizu Nomiyama Organizations: North, North Korean Foreign Locations: SEOUL, Pyongyang, North, Russia, North Korea, Ukraine, United States, Moscow

☆ US job openings hit more than 2-1/2-year low as labor market cools
▼ + stars: | 2023-12-05 | by ( Lucia Mutikani | ) www.reuters.com time to read: +6 min

Economists polled by Reuters had forecast 9.30 million job openings in October. Job openings decreased by 168,000 in the finance and insurance industry, while real estate, rental and leasing had 49,000 fewer positions. The job openings rate dropped to 5.3% from 5.6% in September. "The current state of the labor market suggests no further recalibration is necessary to bring the labor market back into balance," said Nick Bunker, director of economics research at Indeed Hiring Lab. They also described the labor market as remaining "very competitive," and "trying to get to full staff levels."

Persons: Brian Snyder, Rubeela Farooqi, Nick Bunker, Conrad DeQuadros, November's, Bill Adams, Lucia Mutikani, Chizu Organizations: Taylor Party, Equipment Rentals, REUTERS, Labor, Survey, Labor Department's Bureau of Labor Statistics, Reuters, Treasury, Brean, Institute for Supply Management, PMI, United Auto Workers, UAW, Comerica Bank, Thomson Locations: Somerville , Massachusetts, U.S, WASHINGTON, White Plains , New York, South, Midwest, New York, East, Dallas

☆ Wells Fargo CEO expects severance expenses to exceed $750 million
▼ + stars: | 2023-12-05 | by ( Nupur Anand | Thomson Reuters | Nupur Anand Is A U.S. Banking Correspondent At Reuters In New York. She Focuses On Jpmorgan Chase | ) www.reuters.com time to read: +2 min

Charlie Scharf, CEO, Wells Fargo, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsNEW YORK, Dec 5 (Reuters) - Wells Fargo (WFC.N) CEO Charlie Scharf told investors on Tuesday he expects to book higher-than-anticipated severance expenses between $750 million to a little less than $1 billion in the fourth quarter. The bank has reduced its workforce since the third quarter of 2020 and it stood at 227,363 at the end of third quarter of this year. Wells Fargo set aside $359 million for potential credit losses on office real estate in the third quarter, bringing total allowances to $2.6 billion for the first nine months of 2023. Wells Fargo has reduced its origination in auto loans and has also been reducing the size of its mortgage servicing portfolio.

Persons: Charlie Scharf, Wells, Mike Blake, Scharf, Goldman Sachs, " Scharf, Wells Fargo, Nupur Anand, Lananh Nguyen, Chizu Organizations: Milken, Global Conference, REUTERS, San, . Financial Services Conference, U.S, Thomson Locations: Wells Fargo, Beverly Hills , California, U.S, San Francisco, Wells

DUBAI, Dec 5 (Reuters) - U.S. special climate envoy John Kerry on Tuesday launched an international engagement plan to boost nuclear fusion, saying the emissions-free technology could become a vital tool in the fight against climate change. Kerry said the plan involved 35 nations and would focus on research and development, supply chain issues, and regulation, and safety. "There is potential in fusion to revolutionize our world," Kerry told the COP28 climate summit in Dubai. U.S. Special Presidential Envoy for Climate John Kerry participates in an event on women's role in building a climate-resilient world, at COP28 World Climate Summit, in Dubai, United Arab Emirates, December 4, 2023. Of the two main types of fusion, one uses lasers to concentrate energy on a gold pellet containing hydrogen.

Persons: John Kerry, Kerry, Amr Alfiky, Valerie Volcovici, Richard Valdmanis, William James, Alexander Smith Organizations: Dubai . Fusion, United Arab Emirates, REUTERS, Thomson Locations: DUBAI, Dubai, U.S, United Arab, Britain, United States, Australia, China, Germany, Japan, California

The U.S. Court of Appeals for the Federal Circuit reversed the jury's 2021 verdict that Intel infringed one VLSI patent, and sent the case back to Texas for a new trial to determine how much Intel owes for infringing a second VLSI patent. A Waco, Texas jury awarded VLSI $2.18 billion in the first trial from the dispute. The jury found that technology in Intel microprocessors infringed patents that VLSI had acquired from Dutch chipmaker NXP Semiconductors (NXPI.O). Intel defeated VLSI's bid for more than $3 billion in damages in another Waco jury trial later in 2021. A separate jury in Austin, Texas said that VLSI was entitled to nearly $949 million from Intel in a third patent case last year.

Persons: Florence, VLSI's, Blake Brittain, David Bario, Chizu Nomiyama, Sharon Singleton Organizations: Intel, China International, Chain, REUTERS, Monday, Technology, Intel Corp, U.S, Appeals, Federal Circuit, Fortress Investment, Thomson Locations: Beijing, China, Texas, Waco , Texas, Waco, Austin , Texas, Delaware, Northern California, Washington

☆ US factory orders fall 3.6% in October
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

Autonomous robots assemble an X model SUV at the BMW manufacturing facility in Greer, South Carolina, U.S. November 4, 2019. Factory orders fell 3.6% after a downwardly revised 2.3% inSeptember, the Commerce Department's Census Bureau said on Monday, the biggest monthly drop since April 2020. Orders for durable goods fell 5.4%, with orders for transportation equipment slumping 14.7%. Electrical equipment, appliances and components orders fell 1.1%. Shipments of manufactured goods fell 1.4%.

Persons: Charles Mostoller, Lindsay Dunsmuir, Chizu Organizations: BMW, REUTERS, U.S, Commerce, Reuters, Machinery, Manufacturing, Thomson Locations: Greer , South Carolina, U.S, Commerce Department's

☆ Global banks face negative outlook, property stress in 2024 - Moody's
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Toby Melville/File Photo Acquire Licensing RightsLONDON, Dec 4 (Reuters) - Sluggish global growth, a higher risk of borrowers defaulting on loans and pressure on profitability mean that banks face a negative outlook in 2024, credit rating agency Moody's said on Monday. Pockets of stress in property markets in the Asia-Pacific region were also likely to continue, the report said. Moody's said in its report that it expected money to remain tight next year, lowering economic growth even as central banks are expected to start cutting rates. China's growth is also set to slow amid muted spending by consumers and businesses, weak exports and an ongoing property crunch, the report said. However, capital levels - which underpin the financial soundness of banks - are expected to broadly hold up, the report said.

Persons: Toby Melville, Moody's, Felipe Carvallo, Iain Withers, Chizu Organizations: Bank of, REUTERS, Moody's Investors Services, Bank, Moody's Investors Service, Thomson Locations: Canary, Bank of England, London, Britain, United States, Europe, Asia, Pacific

☆ Bitcoin hits $40,000 level for the first time this year
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: +1 min

Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File photo Acquire Licensing RightsDec 3 (Reuters) - Bitcoin hit $40,085 on Sunday, its highest in almost a year and a half, fuelled by bets that U.S. regulators will soon approve stock-market traded bitcoin funds. Bitcoin was up 1.55% at 2234 GMT, adding $611 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is up 51.1% from the year's low of $26,533 on Oct. 11. Their downfall caused havoc in crypto markets and sparked the bankruptcy of some high-profile companies in the crypto sector.

Persons: Marco Bello, Bitcoin, Nilutpal, Lisa Shumaker Organizations: REUTERS, Thomson Locations: Miami Beach , Florida, U.S, Bitcoin, Bengaluru

☆ Far-right parties eye gains in next year's EU parliament elections
▼ + stars: | 2023-12-03 | by ( Alvise Armellini | ) www.reuters.com time to read: +3 min

ROME, Dec 3 (Reuters) - European far-right parties met in Italy on Sunday vowing to reshape the European Union after next year's European Parliament elections, toughening the bloc's approach on immigration and softening its climate policies to protect jobs and industry. Parties from around a dozen countries gathered in Florence, galvanised by last month's general elections in the Netherlands, which handed a surprise win to Geert Wilders' anti-immigration Freedom Party (PVV). The far-right Identity and Democracy (ID) group is now the sixth-largest in the EU assembly, also behind liberal, green and conservative groups, but current polling data place it in fourth position. Salvini, who has failed to include in his alliance Prime Minister Giorgia Meloni and her poll-leading Brothers of Italy party, fronted a previous unsuccessful push in 2019 for a far-right breakthrough in EU elections. Wilders hailed Salvini, leader of the League party, as an inspiration and his "number one Italian friend."

Persons: Geert Wilders, Matteo Salvini, Salvini, Giorgia Meloni, Wilders, Tino Chrupalla, Jordan Bardella, righters, Chrupalla, Harald Vilimsky, Vladimir Putin, Chizu Organizations: European Union, Party, League, Marine, Austrian Freedom Party, Thomson Locations: Italy, European, Florence, galvanised, Netherlands, Europe, Germany, Africa, Austrian, Russia, Ukraine, Israel

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