China tried to rally international support against tariffs. REUTERS/Kevin Lamarque/File Photo |
- China has put civilian government officials in Beijing on "wartime footing" and ordered a diplomatic charm offensive aimed at encouraging other countries to push back against US tariffs, according to four people familiar with the matter. Here's how China went from courting Trump to 'never yield' tariff defiance.
- US President Donald Trump said he would be announcing the tariff rate on imported semiconductors over the next week, adding that there would be flexibility with some companies in the sector.
- The dollar drifted lower, while the Japanese yen and the euro progressed higher as investor confidence in the world's reserve currency remained in question following a stream of tariff-related pronouncements from Trump.
- Wall Street futures rose after the White House exempted smartphones and computers from reciprocal tariffs on China, offering temporary relief to key US tech imports from new levies. Watch our daily rundown on financial markets.
- BP made an oil discovery in the Far South field in the US Gulf of Mexico, the UK-based oil major said.The exploration well was drilled in Green Canyon Block 584 about 120 miles off the coast of Louisiana.
- Gold prices fell from a record high after Trump excluded smartphones and computers from his reciprocal tariffs, although uncertainty around tariff plans kept prices above the significant $3,200 per ounce level.
- Trump administration cuts across federal health agencies have sent shivers through a biotech industry already struggling through a prolonged downturn, increasing concerns they will have a harder time getting products approved, investors, company executives and analysts said.
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US Homeland Security Secretary Kristi Noem on a tour of the Terrorist Confinement Center in Tecoluca, El Salvador, Alex Brandon/Pool via REUTERS/File Photo |
- As US President Donald Trump's administration cracks down on immigration, its officials have repeatedly publicly identified detainees as gang leaders or even terrorists, without attempting to back those inflammatory claims up in court. Immigration Reporter Ted Hesson tells the Reuters World News podcast this is not typically how the DOJ would prosecute these cases.
- A 38-year-old man was in custody and will face attempted homicide and aggravated arson charges after setting a fire overnight at Pennsylvania Governor Josh Shapiro's residence, state authorities said at a press conference at the governor's mansion in Harrisburg on Sunday.
- Britain approved British Steel's appointment of two of its long term employees to act as interim chief executive and chief commercial officer, after the government passed legislation at the weekend giving it control.
- Two Russian ballistic missiles slammed into the heart of the northern Ukrainian city of Sumy, killing 34 people and wounding 117 in the deadliest strike on Ukraine this year, officials said.
- Two Israeli missiles hit a major Gaza hospital, putting the emergency department out of action and damaging other structures, medics said, in a strike which Israel said was aimed at Hamas fighters exploiting the facility.
- Greek police said the anti-terrorism unit was investigating what appeared to be a previously unknown guerrilla group, after a group claimed responsibility for a bomb blast last week and another last year.
- South Korea's ousted leader Yoon Suk Yeol argued that his brief martial law declaration late last year was "not a coup d'etat" as he appeared in court for the start of a criminal trial over charges that he led an insurrection.
- Peruvian writer Mario Vargas Llosa, who enchanted readers with his intellectual rigor and lyrical prose for five decades and nearly became president of his country, died on Sunday aged 89.
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Back to Russian gas? Trump-wary EU has energy security dilemma |
The Leuna-Harze plant, a producer of chemical industry commodities, at the InfraLeuna industrial site, Germany, April 2, 2025. REUTERS/Lisi Niesner |
Executives at major EU firms have begun to say what would have been unthinkable a year ago: that importing some Russian gas, including from Russian state giant Gazprom could be a good idea. That would require another major policy shift given that Russia's invasion of Ukraine in 2022 made the European Union pledge to end Russian energy imports by 2027. |
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McIlroy celebrates after winning The Masters and completing a career grand slam in Augusta, Georgia, US, April 13, 2025 REUTERS/Mike Blake |
Rory McIlroy ended his long wait for a Masters title with a birdie on the opening hole of a sudden-death playoff. After missing a five-foot par putt at the 18th in regulation that forced the playoff, he made sure he did not let his latest chance at major glory slip away and returned to the same hole in the playoff. When the winning putt dropped, McIlroy dropped to his knees overcome with emotion as he finally completed a career Grand Slam. |
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