Mar 07, 2024
Sweden joins NATO as war in Ukraine prompts security rethink

WASHINGTON/STOCKHOLM (Reuters) -Sweden joined NATO in Washington on Thursday, two years after Russia's invasion of Ukraine forced it to rethink its national security policy and conclude that support for the alliance was the Scandinavian nation's best guarantee of safety. Swedish…

Mar 07, 2024
Hike tariffs on Chinese EVs, Senate Democrats urge Biden administration

By David Shepardson WASHINGTON (Reuters) -Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration to hike import tariffs on Chinese electric vehicles to address national security risks, the latest push by lawmakers to protect the U.S.…

Mar 06, 2024
Apple escalates Epic Games feud by blocking Fortnite app in EU

By Akash Sriram and Stephen Nellis (Reuters) -Apple escalated its feud with Epic Games on Wednesday, blocking the Fortnite video-game maker from launching its own online marketplace on iPhones and iPads in Europe. The two companies have been in a…

Mar 06, 2024
Special visa program for US-affiliated Afghans faces demise

By Jonathan Landay WASHINGTON (Reuters) -A program that resettles in the United States Afghans who worked with the U.S. government could grind to a halt later this year, stranding tens of thousands at risk of Taliban retribution following the 2021…

Mar 06, 2024
Gold extends record run as rate cut bets gain ground

By Anjana Anil (Reuters) - Gold rallied to a record on Wednesday, building on stellar momentum driven mostly by bets for U.S. monetary easing, while autocatalyst palladium popped back above the $1,000 mark for the first time since Jan. 12.…

Mar 06, 2024
Explainer-Why retail has lost its sparkle for private equity firms

By Abigail Summerville NEW YORK (Reuters) - Private equity firms made billions of dollars betting on major U.S. retailers, clothing and accessories and restaurant chains, reshaping the consumer sector from the 1990s to the early 2010s. But over the past…