A fire broke out at a Baltic Sea terminal belonging to Novatek, Russia's largest liquefied natural gas producer, after a suspected Ukrainian drone attack, forcing the company to suspend some operations there. The Ust-Luga complex, located on the Gulf of Finland about 170 km (110 miles) west of St. Petersburg, processes stable gas condensate into light and heavy naphtha, jet fuel, fuel oil and gasoil, according to Novatek's website. The port is used to ship processed products to interna

World News Jan. 21, 2024

Hermes emphasizes versatility at menswear show for Paris Fashion Week By Mimosa Spencer PARIS, Jan 20 (Reuters) - Veronique Nichanian, the artistic director for menswear at Hermes, presented a textured lineup of polished looks for the label’s winter runway show on Saturday, showing the versatile side of the high-end fashion label. Models filed past brightly-lit columns in thick sheepskin coats, checked suits, trim leather jackets and a silky bomber jacket in pea green. A glossy leather coa

Arts & Design Jan. 21, 2024

Donald Trump secured a resounding victory in the first 2024 Republican presidential contest in Iowa on Monday, asserting his command over the party despite facing scores of criminal charges as he seeks a rematch with Democratic President Joe Biden in the US presidential election slated for Nov. 5, 2024. Florida Governor Ron DeSantis, 45, finished well behind in second place, edging out former UN Ambassador Nikki Haley, 51, as they battle to emerge as the chief alternative to Trump. Trump, 77, wo

World News Jan. 16, 2024

TAIPEI -- Taiwan's new president-elect, Lai Ching-te, is likely to face his toughest task yet when he takes office in May and has to deal with the ire of China which has repeatedly denounced him as a dangerous separatist. Lai, who won Saturday's election, repeatedly said during the campaign that he wanted to keep the status quo with China, which claims Taiwan as its own, and offered to talk to Beijing. "We don't want to become enemies with China. We can become friends,&qu

World News Jan. 14, 2024

WASHINGTON/NEW YORK -- The US securities regulator on Wednesday approved the first US-listed exchange traded funds to track bitcoin, its Chair Gary Gensler said, in a watershed for the world's largest cryptocurrency and the broader crypto industry. The US Securities and Exchange Commission approved 11 applications, including from BlackRock, Ark Investments/21Shares, Fidelity, Invesco and VanEck, among others, according to a notice on its website. Some products are expected to begin trading as ea

World News Jan. 11, 2024

Generative AI technology can create more jobs than it is expected to eliminate, Tech Mahindra's outgoing CEO said, even as its ability to wreck the job market has been discussed widely on social media sites. "The use cases of Generative AI are still being defined, which means that it has the potential to create more job opportunities in the future. Undoubtedly, the possibilities are just opening, and there is more to come," CP Gurnani told Reuters in an interview. AI technologies

World Business Dec. 18, 2023

WASHINGTON -- Henry Kissinger, a controversial Nobel Peace Prize winner and diplomatic powerhouse whose service under two presidents left an indelible mark on US foreign policy, died on Wednesday, according to Kissinger Associates Inc. Kissinger died at his home in Connecticut, Kissinger Associates said. Kissinger had been active past his centenary, attending meetings in the White House, publishing a book on leadership styles, and testifying before a Senate committee about the nuclear threat pos

World News Nov. 30, 2023

GAZA/JERUSALEM -- Thirteen Israelis and four Thai nationals arrived in Israel on Sunday in the second release of hostages from Hamas captivity in exchange for Palestinian prisoners in a deal briefly endangered by a dispute about aid delivery into Gaza. Although overcome by the mediation of Egypt and Qatar, the dispute that threatened the truce to free captives underscored the fragility of the pact meant to release 50 hostages held by the Palestinian militant groups and 150 prisoners held in Isra

World News Nov. 26, 2023

Donald Trump, the frontrunner for the Republican presidential nomination, said on Saturday that he would kill off a Pacific trade pact being advanced by US President Joe Biden if he were to win the 2024 election and return to the White House. Speaking to supporters in Iowa, Trump said he was against the regional trade deal being negotiated by the Biden administration with 13 other countries, arguing that it would hollow out US manufacturing and trigger job losses. Talks on the trade sections of

World News Nov. 19, 2023

OpenAI CEO Sam Altman's firing was over a "breakdown in communication between Sam and the board," and not "malfeasance or anything related to our financial, business, safety, or security/privacy practices," Chief Operating Officer Brad Lightcap wrote in an internal company memo Saturday morning, viewed by Reuters. The board of OpenAI, the company behind hit product ChatGPT, on Friday pushed out its high-profile CEO Altman, sending shock waves across the tech industry. Th

Industry Nov. 19, 2023

US President Joe Biden said on Saturday the Palestinian Authority should ultimately govern the Gaza Strip and the West Bank following the Israel-Hamas war. "As we strive for peace, Gaza and the West Bank should be reunited under a single governance structure, ultimately under a revitalized Palestinian Authority, as we all work toward a two-state solution," Biden said in an opinion article in the Washington Post. "There must be no forcible displacement of Palestinians from Gaza, no

World News Nov. 19, 2023

Chinese President Xi Jinping and Japanese Prime Minister Fumio Kishida said they would pursue mutually beneficial relations in their first face-to-face talks in a year, putting emphasis on shared economic interests amid a series of diplomatic disputes. The leaders of Asia's two largest economies discussed thorny issues such as China's ban on Japanese seafood and the case of a Japanese businessman detained in China on suspicion of espionage during hour-long talks at a hotel in San Fra

World News Nov. 17, 2023

WOODSIDE, California -- US President Joe Biden and Chinese leader Xi Jinping agreed on Wednesday to open a presidential hotline, resume military-to-military communications and work to curb fentanyl production, showing tangible progress in their first face-to-face talks in a year. Biden and Xi met for about four hours on the outskirts of San Francisco to discuss issues that have strained US-Chinese relations. They plan to resume military contacts that China severed after then-House of Representat

World News Nov. 16, 2023

The largest hospital in Gaza has ceased to function and fatalities among patients are rising, the head of the World Health Organization said on Sunday, as a fierce Israeli assault continues in the Hamas-controlled strip. Hospitals in the north of the Palestinian enclave, including the Al-Shifa complex, are blockaded by Israeli forces and barely able to care for those inside, with three newborns dead and more at risk from power outages amid intense fighting nearby, according to medical staff. Isr

World News Nov. 13, 2023

SEOUL -- After hitting statutory limits on import-export lending, South Korea is gathering local banks to help Poland buy $22 billion worth of weapons in Seoul's largest arms sale, five people familiar with the matter told Reuters. "Five local banks are reviewing a syndicated loan as a support measure" to help Poland finance its purchase of South Korean rocket artillery systems and fighter jets, a South Korean government official said, speaking on condition of anonymity to discuss

Defense Nov. 3, 2023