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JERUSALEM (Reuters) -Israel’s tourism minister on Tuesday made what his office called the first public trip to Saudi Arabia by an Israeli cabinet member, to attend a U.N. tourism conference. Haim Katz’s two-day visit to Riyadh comes as Saudi Arabia pursues a possible U.S.-brokered deal that would forge formal relations with Israel, whose sovereignty it has never officially recognised. “I will work to create collaborations to promote tourism and Israel’s […]

(Reuters) – Russia is considering joining China in banning Japanese seafood imports after Japan released treated radioactive water from the wrecked Fukushima nuclear power plant into the sea and is seeking talks with Japan over the matter, a Russian regulator said on Tuesday. Japan started releasing the water from the plant into the ocean last month, drawing strong criticism from China. In retaliation, China imposed a blanket ban on all […]

BRUSSELS (Reuters) – European Union antitrust regulators’ investigation into Photoshop maker Adobe’s $20 billion bid for cloud-based designer platform Figma has been put on hold while they wait for requested information from the companies. The European Commission said it stopped the clock effective Sept. 19 and will set a new deadline once the companies provide the data. “This procedure in merger investigations is activated if the parties fail to provide, […]

By David Morgan and Andy Sullivan WASHINGTON (Reuters) – The U.S. House and Senate on Tuesday plan to take sharply divergent paths in a high-stakes spending battle, with just five days remaining until a deadline that could force wide swaths of the government to shut down for the fourth time in a decade. The Democratic-controlled Senate plans to vote on a stopgap funding bill with bipartisan support that would keep […]

(Reuters) – U.S. new-vehicle sales are set to rise in September from a year ago, helped by sustained demand, according to Cox Automotive. Sales volumes in the current month are set to touch nearly 1.3 million units, up more than 13% from a year ago, according to the auto research firm. Despite rising interest rates on new vehicle loans and a strike by the United Auto Workers (UAW) union against […]

By Richa Naidu and Helen Reid LONDON (Reuters) – French consumers are buying fewer personal hygiene and household products, sacrificing tampons and laundry detergent as prices of products made by big brands like P&G and Unilever surge, data compiled for Reuters shows. The shift in shoppers’ habits could create a new battleground for retailers, politicians and consumer goods makers that have for months been fighting over food prices. The data, […]

By Ann Saphir (Reuters) – A “soft landing” for the U.S. economy is more likely than not, Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday, but there is also a 40% chance that the Fed will need to raise interest rates “meaningfully” to beat inflation. Under the more likely scenario — Kashkari pegged the probability at about 60% — the Fed “potentially” raises rates one more quarter of […]

By Nupur Anand, Lananh Nguyen and Jonathan Stempel NEW YORK (Reuters) – JPMorgan Chase reached settlements with the U.S. Virgin Islands (USVI) and former executive Jes Staley to resolve lawsuits over sex trafficking by the disgraced financier Jeffrey Epstein, largely resolving a scandal that has weighed on the largest U.S. bank for months. The settlements conclude the final pieces of litigation in a saga involving women who said Epstein sexually […]

WASHINGTON (Reuters) – U.S. President Joe Biden’s son, Hunter Biden, sued Rudy Giuliani and Giuliani’s former lawyer Robert Costello, accusing the pair of violating his privacy over data allegedly taken from his laptop, court documents filed on Tuesday showed. In a lawsuit filed in a federal court in Los Angeles, Biden accused Giuliani, who has served as a personal lawyer for former President Donald Trump, and Costello of being responsible […]