By Alexander Hübner MUNICH (Reuters) – Up to half of the 100 billion euro ($109 billion) special fund set up to modernize the German military will likely go to U.S. defence companies, a leading[...]
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Politics
What people are saying about China’s chipmaking export controls
(Reuters) -China will control exports of some metals used in the semiconductor industry, ramping up a technology war with the United States and potentially causing more disruption to global supply cha[...]
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Credit Suisse investor group joins claim seeking better UBS takeover price
By John Revill ZURICH (Reuters) -A Swiss proxy adviser representing some former Credit Suisse shareholders has backed a class-action lawsuit seeking a better price from UBS for its takeover of its cro[...]
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Los Angeles-area hotel workers strike over wages, housing
By Steve Gorman and Gabriella Borter LOS ANGELES (Reuters) -Thousands of Los Angeles-area hotel workers went on strike on Sunday demanding pay hikes and improved benefits in a region where high housin[...]
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China to restrict exports of chipmaking materials as US mulls new curbs
BEIJING (Reuters) – China will control exports of some metals widely used in the semiconductor industry, its commerce ministry announced on Monday, the latest salvo in an escalating war over acc[...]
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As companies bring more jobs to Mexico, US wants labor rights safeguards
By Daina Beth Solomon MEXICO CITY (Reuters) – The U.S. wants Mexico’s government to build strong institutions to protect worker rights as companies aiming to avoid supply chain disruptions[...]
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Remittances to Mexico hit record, but strong peso softens impact
By Kylie Madry MEXICO CITY (Reuters) – Mexico brought in close to $5.7 billion in remittances in May, central bank data showed on Monday, breaking a monthly record that analysts cautioned was so[...]
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World Bank, WTO chiefs seek to reignite services trade negotiations
GENEVA (Reuters) – The heads of the World Bank and the World Trade Organization on Monday called for countries to boost efforts to make trade in global services more transparent and predictable,[...]
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Hong Kong May retail sales rise 18.4%, sees support from local consumption
HONG KONG (Reuters) – Hong Kong’s May retail sales rose 18.4% from a year earlier in the sixth consecutive month of growth thanks to the revival of inbound tourism and positive consumption[...]
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