The Lexus ES and Mercedes-Benz CLA are two luxury sedans you might be familiar with. The ES is Lexus’ comfort-oriented midsize sedan, while the CLA is a relatively affordable entry point to getting a new Mercedes. Notably, both are redesigned for 2026 and come in both gas-powered and fully electric
PARIS (AP) — The French minister for environmental transition backpedaled Wednesday and stayed in office after a meeting with President Emmanuel Macron, who did not accept her resignation. Monique Barbut, who was appointed in October, had announced a few hours earlier that she would step down over a
By Daniel Wiessner July 22 (Reuters) – A novel lawsuit claiming that Meta Platforms relied on discriminatory AI tools to select employees for layoffs highlights the problems workers face in suing employers over the new technology, including proving how it was actually used. The case helps illustrate
By Luciana Magalhaes SAO PAULO, July 22 (Reuters) – A new 25% U.S. tariff will hit a range of Brazilian goods on Wednesday, including farm machinery, wood products, ethanol and apparel, escalating tensions in an already strained relationship between the two most populous countries in the Western Hem
By Raphael Satter WASHINGTON, July 22 (Reuters) – U.S. Secretary of State Marco Rubio has asked diplomats to push back against talk of a “kill switch” in American technology products following the White House’s short-lived decision to keep foreigners from America’s most advanced AI models, according
By Sarah Young FARNBOROUGH, England, July 22 (Reuters) – BAE Systems revealed a new unmanned fighter jet on Wednesday, boosting Britain’s entry into one of the defence industry’s hottest and most fiercely contested markets. The UK’s biggest defence company showcased a model of its new jet, Brontanax
By Promit Mukherjee, Emily Green and David Lawder OTTAWA/MEXICO CITY, July 22 (Reuters) – Separate U.S. negotiating tracks for Canada and Mexico are testing a trilateral free trade zone that has defined North America’s economy for 32 years, with the U.S. potentially forcing concessions on Canada tha
By Douglas Gillison WASHINGTON, July 22 (Reuters) – The U.S. Federal Deposit Insurance Corporation over the past 18 months has disciplined eight employees, including forcing out a senior manager, after officials determined that allegations of sexual harassment against them were credible and merited
July 22 (Reuters) – U.S. stock index futures dipped on Wednesday, pressured by weakness in chip stocks, as investors remained cautious ahead of the first batch of Big Tech earnings that could decide whether Wall Street’s AI-driven rally has more room to run. After months of gains that pulled the maj
By Marleen Kaesebier ZURICH, July 22 (Reuters) – Swiss generic drugmaker Sandoz said on Wednesday it would continue discussions with policymakers after U.S. President Donald Trump threatened the industry with steep tariffs unless drugmakers manufacture medicines domestically. Trump said in a post on
By Leika Kihara Tokyo, July 22 (Reuters) – The Bank of Japan remains on alert to upside inflation risks that could lead to faster interest rate hikes than markets project, said three sources familiar with its thinking. Many central bank policymakers believe the pace and timing of rate hikes cannot b
July 22 (Reuters) – Airbus shares jumped more than 5% on Wednesday after the European planemaker launched a €5 billion ($5.7 billion) share buyback programme and unveiled new mid-term targets including a near doubling of profits by 2029. Airbus said late on Tuesday it was targeting a core profit of
TOKYO (AP) — Global shares were trading mixed Wednesday following a rally on Wall Street, despite concerns about higher oil prices and inflation. France’s CAC 40 edged up 0.6% in early trading to 8,410.68, while the German DAX rose 0.4% to 25,106.51. Britain’s FTSE 100 gained 0.8% to 10,666.51. U.S.
By Gregor Stuart Hunter SINGAPORE, July 22 (Reuters) – Stocks made lumpy gains on Wednesday as the boost from a strong Wall Street session was capped by caution ahead of earnings reports from Big Tech while threats from Houthi rebels to expand the Middle East conflict pushed up oil prices. MSCI’s br
LONDON (AP) — U.K. Prime Minister Andy Burnham’s announcements during his first 24 hours on the job underscore the political and financial challenges he faces as he tries to jump-start the country’s sluggish economy. Burnham, from Britain’s left-leaning Labour Party, faces restive voters seeking rel
By Cassell Bryan-Low FARNBOROUGH, England, July 22 (Reuters) – Boeing flexed its muscle in the race to build autonomous fighter aircraft at the Farnborough Airshow, displaying its Ghost Bat drone, as rivals pitched competing designs for what could become a new multibillion-dollar defence market. Whi
A look at the day ahead in European and global markets from Gregor Stuart Hunter The AI trade is roaring back on Wednesday as export demand surges across Asia, lifting chipmaker stocks and pushing the regional benchmark to its highest in a week. MSCI’s broadest index of Asia-Pacific shares outside J
SEOUL, July 22 (Reuters) – South Korea’s Industry Minister Kim Jung-kwan headed to Washington on Wednesday for talks with senior U.S. officials on trade and investment cooperation, as Seoul braces for a U.S. announcement of additional tariffs under Section 301 of the Trade Act. The visit precedes an
By Jonathan Stempel July 21 (Reuters) – News Corp, facing a lawsuit by search engine Brave Software, has filed a countersuit accusing it of “flagrant theft” in distributing and selling versions of articles from the Wall Street Journal and New York Post to AI companies. Brave had last year preemptive
SANTIAGO, Chile (AP) — Chile’s Congress on Tuesday approved nearly all of the remaining changes to a sweeping tax and economic overhaul package promoted by President José Antonio Kast, delivering a legislative victory to the conservative leader and his efforts to stimulate growth in one of Latin Ame
WASHINGTON (AP) — A planned joint U.S.-Canada ceremony Friday celebrating the opening of the Gordie Howe International Bridge connecting Detroit and Windsor, Ontario, is no longer expected to take place after President Donald Trump announced a 50% tariff on most Canadian goods. In announcing the tar
By Scott Murdoch SYDNEY, July 22 (Reuters) – Australia’s corporate regulator said on Wednesday it would increase its regulatory oversight of auditors following the KPMG leak scandal. The Australian Securities and Investments Commission (ASIC) said in a letter sent to about 2,900 auditors it would es
SINGAPORE, July 22 (Reuters) – The yen was pinned near an almost four-decade low on Wednesday as rising oil prices and U.S. Treasury yields hoisted the dollar and left traders on edge about possible Japanese intervention. On Tuesday in New York trade, the yen hit 163.24 per dollar, its weakest point
July 22 (Reuters) – Oil prices inched higher in early trading on Wednesday as fears of further supply disruptions intensified after U.S. forces said it began striking Iranian military targets for the 11th straight night and Kuwait reported attacks by Iranian drones. Brent crude futures rose 0.55%, o
By Makiko Yamazaki TOKYO, July 22 (Reuters) – Japan’s imports jumped to a record high in June, government data showed on Wednesday, as a weak yen and soaring oil prices drove up import costs and inflation, leaving the central bank in a policy bind. The swelling import bill has become a growing conce
NASTEX 2026 Opens in Damascus as Syria Seeks To Revive Textile Industry By Rizik Alabi / The Media Line [DAMASCUS] The NASTEX 2026 international textile exhibition opened in Damascus on Saturday, bringing together more than 300 companies from over 20 countries as Syria looks to revive its textile in
By Jamie McGeever ORLANDO, Florida, July 21 (Reuters) – World stocks rallied sharply on Tuesday, with strong gains in semiconductor shares more than offsetting any angst about the U.S.-Iran war and rising oil prices, while the Japanese yen slumped to its lowest level against the dollar in 40 years.
By Danielle Kaye NEW YORK, July 21 (Reuters) – Nike is trying to lure back shoppers in China by controlling how its products are sold online, directing consumers to official Nike channels as the American sportswear giant continues to lose ground to domestic rivals. By restricting wholesale distribut
The wreckage from a Pan Am plane crash in the ocean 74 years ago that helped lead to requirements for the passenger safety briefings on every flight today has been found off the coast of Puerto Rico. The talks flight attendants deliver about how to inflate a life vest or find the exits on a plane th
CAPE CANAVERAL, Fla. (AP) — A two-armed space robot blasted off on a private salvage operation Tuesday to slap life-extending jetpacks on old satellites running low on fuel thousands of miles up. It’s the second satellite-saving mission to launch this month, all part of a growing, money-saving effor
