Ilhan Omar talks Trump and support for Bernie Sanders
Rep. Ilhan Omar, D-Minn., isn’t running for president, but she’s still a hot topic on the campaign trail for President Trump.
Rep. Ilhan Omar, D-Minn., isn’t running for president, but she’s still a hot topic on the campaign trail for President Trump.
Norway and Moldova on Tuesday signed a memorandum of understanding to tighten cooperation in the energy sector aimed at securing supply in the eastern European country that is trying to end its long-standing reliance on Russia. The agreement aims to "promote and enhance cooperation in the field of energy; including but not limited to, energy transition and energy security, as well as to encourage new investments in the energy sector".
The United States sees Iran's capacity to move its oil as reliant on service providers based in Malaysia, with oil being transferred near Singapore and throughout the region, the U.S. Treasury Department's top sanctions official said on Tuesday. Brian Nelson, Treasury's undersecretary for terrorism and financial intelligence, was speaking during a four-day visit to Singapore and Malaysia, which the department said aimed to advance its work in countering financing and revenue generation by Iran and its proxies.
Rescuers searched through the debris of a multi-storey building collapse in the South African city of George that left four people dead and dozens still trapped early on Tuesday. Twenty-four construction workers who were at the site of the unfinished building when it collapsed have been removed from the rubble so far, while 51 remained unaccounted for, the municipality of George, a coastal city east of Cape Town, said in a statement. A drone view of the site showed rescue workers removing debris in a bid to reach those still under the rubble.
Oil giant Saudi Aramco said Tuesday its first-quarter net profit dipped 14.5 percent on year to $27.27 billion as the Gulf kingdom kept production cuts in place.Net income was 102.27 billion riyals ($27.27 billion), down from 119.54 billion riyals ($31.88 billion) for the same period in 2023, Aramco said, adding that "the decrease was primarily a result of lower crude oil volume sold".
Japan has described as "regrettable" U.S. President Joe Biden's comment that "xenophobia" is stifling the Asian nation's economic growth, the top government spokesperson said on Tuesday. Last week Biden said "xenophobia" in economies from China to Japan and India was hobbling their growth, while arguing at a Washington fund-raising event that migration has been good for the U.S. economy. "We lodged representations to the United States that the comment was not based on the correct understanding of Japan's policy and regrettable," Chief Cabinet Secretary Yoshimasa Hayashi told a regular news conference, without elaborating.
Asian markets forged higher Tuesday after another day of gains on Wall Street, although Hong Kong's benchmark faltered. U.S. futures were nearly flat and oil prices edged higher. Gains were led by semiconductor companies like Tokyo Electron, which closed 4.8% higher, and Advantest, which picked up 2.2%.
Swiss banking giant UBS on Tuesday said first quarter net profit rose 71 percent to nearly $1.8 billion, far exceeding expectations, after two quarters in the red due to the mammoth takeover of Credit Suisse.In the first quarter of last year, UBS had posted a net profit of just over $1 billion.
Oil giant Saudi Aramco announced first-quarter net profit of $27.27 billion on Tuesday, down 14.5 percent from last year as the Gulf kingdom kept production cuts in place. Net income was 102.27 billion riyals ($27.27 billion), down from 119.54 billion riyals ($31.88 billion) for the same quarter in 2023, Aramco said, adding that "the decrease was primarily a result of lower crude oil volume sold".
The body of a 4-year-old boy was recovered from floodwaters near Fort Worth, Texas, on Sunday, as search and rescue teams statewide continue to patrol streets and neighborhoods inundated by rainfall.
An Israeli tank brigade seized control Tuesday of the Gaza Strip side of the Rafah border crossing with Egypt, authorities said, moving forward with an offensive in the southern city even as cease-fire negotiations with Hamas remain on a knife’s edge. Israel, meanwhile, insisted the deal did not meet its core demands. The high-stakes diplomatic moves and military brinkmanship left a glimmer of hope alive — but only barely — for an accord that could bring at least a pause in the 7-month-old war that has devastated the Gaza Strip.
Human Rights Watch said Tuesday an Israeli strike in Lebanon that killed seven first responders was "an unlawful attack on civilians", and urged Washington to suspend weapons sales to Israel.The rights group urged the United States to "immediately suspend arms sales and military assistance to Israel given evidence that the Israeli military is using US weapons unlawfully". lg/aya/srm/jd/kir
Hindu nationalist Prime Minister Narendra Modi cast his ballot Tuesday in India's ongoing general election after giving several inflammatory campaign speeches accused of targeting minority Muslims.Modi's brand of Hindu-nationalist politics has made India's 220-million-plus Muslim population increasingly anxious about their future in the country.
BERLIN (Reuters) -German chip manufacturer Infineon announced a cost savings programme on Tuesday as it again lowered its full-year revenue outlook, blaming ongoing industry-wide weak demand. The company lowered its revenue guidance to 15.1 billion euros ($16.3 billion), plus or minus 400 million euros, for the year, down from its previous guidance of 16 billion euros, plus or minus 500 million euros. The segment result margin, management's preferred measure of operating profitability, is also likely to be lower than predicted three months ago, at around 20%, Infineon said.
One of London's oldest gentlemen's clubs on Tuesday votes on whether to start accepting women amid a row that has bitterly divided members.BBC world affairs editor John Simpson last week tweeted: "Various Garrick Club members including Sting, Mark Knopfler and leading actors and producers have reportedly written to the club chairman saying they'll resign if the membership doesn't vote to accept women next Tuesday."
The first crewed flight of Boeing's Starliner spaceship was dramatically called off just two hours before launch after a new safety issue was identified, officials said Monday, pushing back a high-stakes test mission to the International Space Station.But other problems that came to light -- including weak parachutes and flammable tape in the cabin that needed to be removed -- caused further delays to the crewed test flight, necessary for the capsule to be certified for NASA use on regular ISS m
Rescue efforts were underway after three people were killed and dozens remained trapped after a multi-storey building under construction collapsed in the South African city of George, authorities said.
An investment firm backed by LVMH is betting demand from wealthy Americans for quiet luxury will ensure its 510 million euro ($545 million) stake in Italian shoemaker Tod's yields the double-digit returns private equity typically seeks. L Catterton, created by U.S. fund Catterton and LVMH-owner Groupe Arnault, on Friday secured sufficient shares to take Tod's private once the deal, valuing the company at just over 1.4 billion euros ($1.5 billion), formally concludes in the coming days. Listed in Milan but controlled by its founding Della Valle family, Tod's profitability has lagged rivals.
(Reuters) -German software developer TeamViewer on Tuesday posted first-quarter revenue slightly below market expectations as customers signed fewer multi-year deals, sending its shares down nearly 4% in early trade. But Chief Financial Michael Wilkens was upbeat, saying the company was "more than confident" in its ability to meet its goals for 2024. TeamViewer's shares have declined since the end of the COVID-19 pandemic, during which companies had used its remote connectivity software for employees and customers working from home.
Amazon said Tuesday it would invest US$9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city.Microsoft pledged US$2.2 billion in artificial intelligence and cloud computing investment in Malaysia on Thursday.
UBS on Tuesday reported net income for January-March that was nearly triple estimates as the bank logged its first quarterly profit since taking over fallen rival Credit Suisse. The group's wealth management arm also reported $27 billion in net new assets for the first quarter of the year, compared to $22 billion for the three months prior. UBS, however, flagged that lower lending and deposit volumes as well as lower interest rates in Switzerland could impact the bank's wealth management division.