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By Jeff Mason WASHINGTON (Reuters) – U.S. President Joe Biden will veto congressional efforts to overturn his policy to waive solar tariffs on four Southeast Asian nations for two years, White House officials told Reuters on Monday. In June, Biden waived tariffs on solar panels from Cambodia, Malaysia, Thailand and Vietnam in an effort to create a “bridge” while U.S. manufacturing ramped up. Last week a U.S. House of Representatives […]

By Jeff Mason WASHINGTON (Reuters) – U.S. President Joe Biden will veto congressional efforts to overturn his policy to waive solar tariffs on four Southeast Asian nations for two years, White House officials told Reuters on Monday. In June, Biden waived tariffs on solar panels from Cambodia, Malaysia, Thailand and Vietnam in an effort to create a “bridge” while U.S. manufacturing ramped up. Last week a U.S. House of Representatives […]

By Blake Brittain WASHINGTON(Reuters) – The U.S. Supreme Court on Monday declined to hear a challenge by computer scientist Stephen Thaler to the U.S. Patent and Trademark Office’s refusal to issue patents for inventions his artificial intelligence system created. The justices turned away Thaler’s appeal of a lower court’s ruling that patents can be issued only to human inventors and that his AI system could not be considered the legal […]

By Christoph Steitz and Tom Käckenhoff FRANKFURT (Reuters) -Thyssenkrupp said on Monday its chief executive Martina Merz, who launched a major overhaul of the German industrial conglomerate, is leaving, knocking its shares. Merz took over as CEO in 2019 after a string of profit warnings and a failed steel merger that brought Thyssenkrupp to the brink of collapse and triggered the sale of its prized elevator division in a bid […]

By Sruthi Shankar and Ankika Biswas (Reuters) – Wall Street’s main indexes struggled for direction on Monday as investors awaited results from megacap companies and key data that could shed light on the U.S. economy and shape the Federal Reserve’s monetary policy. Major technology and growth companies Alphabet Inc, Microsoft Corp, Amazon.com Inc and Meta Platforms Inc, which constitute more than 14% of the value of the benchmark S&P 500, […]

By Christoph Steitz and Tom Käckenhoff FRANKFURT (Reuters) -Thyssenkrupp said on Monday its chief executive Martina Merz, who launched a major overhaul of the German industrial conglomerate, is leaving, knocking its shares. Merz took over as CEO in 2019 after a string of profit warnings and a failed steel merger that brought Thyssenkrupp to the brink of collapse and triggered the sale of its prized elevator division in a bid […]

By Khalid Abdelaziz and Aidan Lewis KHARTOUM (Reuters) -Europe, China and Japan raced to extract their citizens from Khartoum on Monday and thousands more people took advantage of an apparent lull in fighting between the army and a paramilitary force over the past two days to escape Sudan. The sudden eruption of violence between the military and the well-armed Rapid Support Forces (RSF) paramilitary group on April 15 triggered a […]

MILAN (Reuters) – Italian fashion house Valentino reported on Monday an 18% rise in core profit for 2022 as sales rose 10% at constant currencies, boosted by its directly operated shops and defying a weak Chinese market. Controlled by Qatari investment vehicle Mayhoola, Valentino reported preliminary revenue of 1.42 billion euros ($1.56 billion) last year. Sales in shops the group manages directly, including online ones, grew twice as fast as […]

BERLIN (Reuters) -Industrial action grounded dozens of flights at two major German airports on Monday as security workers and ground services employees in the capital, Berlin, and in Hamburg held a one-day strike over pay. Berlin-Brandenburg airport cancelled all departures and said some landings would also be affected after the Verdi union called security workers out on strike until midnight (2200 GMT). Roughly 240 flights had been scheduled to take […]