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Any impact on the FDA will depend on details of the judge's ruling in the case known as Alliance for Hippocratic Medicine v. U.S. Food and Drug Administration. The challenge was brought by a coalition of anti-abortion groups and doctors seeking withdrawal of the FDA's mifepristone approval before U.S. District Judge Matthew Kacsmaryk of the Northern District of Texas, a conservative former Christian activist. The court could order mifepristone pulled from the market while it considers a final ruling. It would call into question the entire drug approval process, said Laurie Sobel, associate director for Women's Health Policy at the Kaiser Family Foundation. 'SO MUCH UNCERTAINTY'The possibility of its approvals being overruled would likely see the FDA become more cautious, Lee said.
Saudis kept U.S. informed on talks with Iran - White House
  + stars: | 2023-03-10 | by ( ) www.reuters.com   time to read: +1 min
WASHINGTON, March 10 (Reuters) - Saudi Arabia kept Washington informed of its talks with Iran to restore diplomatic relations but the United States was not directly involved, White House spokesman John Kirby said on Friday. The White House believes that internal and external pressure, including effective Saudi deterrence against attacks from Iran or its proxies, ultimately brought Iran to the table, Kirby said. "We support any efforts to de-escalate tensions there and in the region. We think it's in our interests, and it's something that we worked on through our own effective combination of deterrence and diplomacy." Reporting by Doina Chiacu and Steve Holland; Editing by Kevin LiffeyOur Standards: The Thomson Reuters Trust Principles.
White House spokesperson John Kirby said on Friday that while Washington was not directly involved, Saudi Arabia kept U.S. officials informed of the talks with Iran. NUCLEAR TALKSThe agreement comes as Iran accelerates its nuclear program after two years of failed U.S. attempts to revive a 2015 deal that aimed to stop Tehran producing a nuclear bomb. "Saudi Arabia is deeply concerned about Iran's nuclear program," he said. "If this new opening between Iran and Saudi Arabia is going to be meaningful and impactful, it will have to address the concerns about Iran's nuclear program - otherwise the opening is just optics." Friday's agreement also offers hope for more durable peace in Yemen, where a conflict sparked in 2014 has widely been seen as a proxy war between Saudi Arabia and Iran.
U.S. White House national security adviser Jake Sullivan speaks at a press briefing at the White House on Dec. 12, 2022. President Joe Biden's top national security adviser said Sunday that the White House had not yet seen China provide Russia with lethal assistance in its war on Ukraine and warned Beijing that doing so would be against its interests. "We have not seen China yet provide military equipment to Russia for purposes of fighting in the war in Ukraine. We haven't seen it yet," White House national security adviser Jake Sullivan said on NBC News' "Meet the Press." A Chinese fighter jet flew within 500 feet of a U.S. Navy plane over the South China Sea last week.
SINGAPORE—A plan by China to restrict exports of key solar manufacturing technology could delay attempts to build up a domestic solar supply chain in the U.S., industry experts say. China’s Ministry of Commerce and Ministry of Science and Technology are considering adding advanced technology used in the production of ingots and wafers, some of the building blocks of solar panels, to a list of technologies that are subject to export controls.
TOKYO, Jan 27 (Reuters) - Japan and the Netherlands will soon agree to join the United States in restricting exports of semiconductor manufacturing equipment to China, Bloomberg News reported. Japan would impose similar restrictions on Nikon Corp (7731.T), the report said. Deputy Chief Cabinet Secretary Seiji Kihara, a government spokesperson, said Japan would make "appropriate steps" based on the United States' and other nations' regulatory moves. "We have been in discussion with the United States and other countries regarding the export-control regime," Yasutoshi Nishimura, Japan's Minister of Economy, Trade and Industry, told reporters on Friday. "A balance needs to be struck so no one among Japan, the United States and Europe will be disproportionately disadvantaged.
One is making sure Dutch rules are drafted in such a way that they are not actually more restrictive for ASML than for U.S. companies. ASML is expected to post fourth-quarter net income of 1.68 billion euros ($1.82 billion) on record revenue of 6.37 billion euros, according to Refinitiv Eikon data. In November ASML raised its annual revenue estimates by 25% to at least 30 billion euros by 2025. There could be further losses from tougher Dutch rules, if for example, limits are re-applied to sales to China of older technology deep ultraviolet lithography (DUV) equipment. ASML has sold more than 8 billion euros worth of such equipment in China since 2014, when DUV was removed from international lists of goods deemed of possible military use.
AMSTERDAM, Jan 17 (Reuters) - Dutch Prime Minister Mark Rutte on Tuesday said he saw gradual progress in talks over new restrictions the United States wants it to implement on exporting chip-making technology to China. "I think that step by step we will be able to reach a good outcome in cooperation," Rutte said in an interview with Dutch TV programme Nieuwsuur following his visit to the White House. The Netherlands is home to ASML Holding NV (ASML.AS), a key maker of semiconductor manufacturing equipment. But he also warned that global supply chains for simpler technologies should not be disrupted by export restrictions. Reporting by Bart Meijer and Toby Sterling, editing by Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.
AMSTERDAM, Jan 17 (Reuters) - Dutch tech industry group FME on Tuesday called for the European Commission to draft a position on whether and how to restrict computer chip technology exports to China, saying "more unified and powerful action" was needed from Europe. The call comes as Dutch Prime Minister Mark Rutte visits U.S. President Joe Biden in Washington. "In these times ... of geopolitical tensions, national and European strategic autonomy is of great importance," said FME chairman Theo Henrar. The Dutch trade minister on Sunday said she shared U.S. concerns about over-reliance on Asian chipmakers and that chip technology had military applications, but the Netherlands would not simply adopt American rules. FME represents the interests of 2,200 Dutch technology firms, including ASML and smaller equipment maker ASM International (ASMI.AS).
With the deep freeze stretching from Montana to Texas as it crept eastward, some 240 million people - more than two-thirds of the U.S. population - were under winter weather warnings and advisories on Friday, the National Weather Service (NWS) said. The map of existing or impending wintry hazards "depicts one of the greatest extents of winter weather warnings and advisories ever," the NWS said. [1/5] A driver makes their way through a flooded street at high tide during a winter storm in Gloucester, Massachusetts, U.S., December 23, 2022. Their plight has added to local agencies scrambling to get people off the streets as the arctic blast arrived. While some areas downwind from the Great Lakes received a foot or more of snow on Friday, "the big story wasn't so much the falling snow but the blowing snow," weather service meteorologist Brian Hurley said.
"It does not look like a good day to be traveling across the Midwest on Friday," said Greg Carbin, chief of forecast operations at the NWS Weather Prediction Center. The biggest risk exists in the states of Kansas, Nebraska and Iowa, as well as parts of Wisconsin, Illinois, Indiana and Michigan. Southern states could have rainfall and thunderstorms through Thursday, after which temperatures could drop significantly. The NWS also warned of "bone-chilling" cold in parts of Washington state through the Northern Plain states, including Montana, Wyoming and the Dakotas. Parts of Montana could see the thermometer register below minus 20 degrees Fahrenheit (-29 C) on Tuesday, according to the NWS.
A third source familiar with the matter said there was not a new formal agreement for regular deportation flights but that Cuba had agreed to accept occasional groups of deportees. The resumption of ICE deportation flights to Cuba could send a symbolic message to would-be migrants who typically fly to Central America and travel north to the border. A record 220,000 Cubans were caught at the U.S.-Mexico border in fiscal year 2022, which ended on Sept. 30. U.S. authorities made more than 2.2 million migrant arrests at the U.S.-Mexico border in fiscal year 2022, higher than any year on record. But just 2 percent of Cubans apprehended at the border were expelled in the 2022 fiscal year.
Clean-energy deal seals fate for cross-border M&A
  + stars: | 2022-11-09 | by ( ) www.reuters.com   time to read: +2 min
NEW YORK, Nov 9 (Reuters Breakingviews) - A strong dollar may tempt U.S. companies to shop abroad, but a deal unveiled on Wednesday will take any remaining steam out of such notions. The war in Ukraine, inflation and other factors already have hit cross-border M&A. Roughly $1 trillion of cross-border deals have been announced this year, a nearly 40% drop from a year earlier, per Refinitiv. Such risks probably help explain why Chart lost $2 billion in market capitalization, despite $250 million a year of promised cost savings. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
WASHINGTON, Nov 3 (Reuters) - Chrysler-parent Stellantis (STLA.MI) on Thursday urged owners of 276,000 older U.S. vehicles to immediately stop driving after three crash deaths tied to faulty Takata air bag inflators were reported in the last seven months. Stellantis said replacement driver-side air bags have been available for the vehicles subject to the stop driving notice since 2015. Stellantis said a Takata air bag was suspected in a recent third death also in a 2010 Charger. There have been more than 400 U.S. injuries reported tied to Takata air bags. Last year, NHTSA opened a probe into 30 million vehicles built by nearly two dozen automakers that have potentially defective Takata air bag inflators.
Morning Bid: Full of energy
  + stars: | 2022-11-01 | by ( ) www.reuters.com   time to read: +3 min
Global stocks just won't lie down, doggedly clinging to hopes that central banks will ease off the policy brakes or that China might ease COVID curbs, just as energy firms reap massive windfall profits. Everything from central bank speculation, big rotations of equity sectors and talk of yearend seasonal flows in a U.S. election year are all cited. And after a downbeat start to the week, stocks jumped back yet again on Tuesday - even on some pretty thin reasoning. Underperforming Hong Kong and China stocks surged late in the day, with the former closing up more than 5%, after social media chatter that China was planning some reopening from strict COVID curbs in March. Energy sector earnings show clear winners from the year's Ukraine-related price shock.
When Congress passed the Helms Amendment, only six of those countries allowed abortion in circumstances beyond saving a woman’s life. And every year, more than 16,000 of the women and girls who have received these unsafe abortions die from more serious complications. President Biden also has the power to mitigate some of the harms of the Helms Amendment. His administration could also ensure that clinics in countries where abortion is legal understand that U.S. rules allow them to offer abortion information and counseling. The Helms Amendment is an act of international interference and overreach, and it has to end.
SYDNEY, Oct 11 (Reuters) - A union representing Australian employees of iPhone maker Apple Inc (AAPL.O) voted to strike due to lack of progress on wage negotiations, a union official said on Tuesday. In Australia, Apple set off a round of union talks by proposing in August a new set of locked-in wage rises and conditions. The RAFFWU and two other unions went to an industrial arbiter in September seeking more time to negotiate, which was granted, the unions and Apple have said. RAFFWU-represented workers in most Australian Apple stores would strike but the impact would be strongest in outlets with more representation, Cullinan said. Apple says its minimum pay rates are 17% above the industry minimum and that full-time workers get guaranteed weekends.
Events unfolding in the Russia-Ukraine war this week represent the most dramatic escalation since the initial invasion in February. But however much we may not like the war, at this point it represents no threat to American national security. If Putin feels too threatened, he could genuinely consider resorting to tactical nuclear weapons. That makes it all the more important for Biden to stay resolved to keep the U.S. footprint in the war small. American national security is not presently at risk from the war between Kyiv and Moscow, and Biden must keep it that way.
Saudi Arabia's July crude oil exports rise to over 2-year peak
  + stars: | 2022-09-19 | by ( ) www.reuters.com   time to read: +2 min
Register now for FREE unlimited access to Reuters.com RegisterGeneral view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed JadallahSept 19 (Reuters) - Top oil exporter Saudi Arabia's July crude oil exports gained for a second-straight month to their highest in more than two years, data from the Joint Organisation Data Initiative (JODI) showed on Monday. Saudi Arabia's exports rose 2.5% to 7.38 million barrels per day (bpd) in July - highest since April 2020 - from 7.20 million bpd in June. read moreSaudi production also climbed to its highest in more than two years to 10.815 million bpd from 10.646 million bpd in the previous month. Saudi's domestic crude refinery throughput fell about 3% to 2.763 mln bpd in July, while oil products exports stood at 1.429 mln bpd.
Apple 's (AAPL) strategy of further differentiating its higher-end iPhone Pro offerings from its basic devices is paying off, with stronger-than-expected order demand seen for the new and most expensive iPhone 14 Pro and Pro Max. All the iPhone 14 models will be available Friday, expect for the iPhone 14 Plus, which won't be out until next month. When talking lead times, a new iPhone in the 14 Pro Max line ordered Wednesday won't be delivered until late October. A better camera, which has always been the case for the Pro models, really jumps up in the iPhone 14 Pro and Pro Max. iPhone 14 Pro Max, iPhone 14 Pro, iPhone 14.
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