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A Saudi fighter jet on approach to the King Khalid International Airport in Riyadh, Saudi Arabia, May 13, 2025. REUTERS/Brian Snyder/File Photo
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- A stunning run-up in shares of semiconductor companies has helped drive the US stock rally, but the eye-popping gains are sparking concerns about an overheated market and prompting some investors to prepare for a pullback.
- China and the US are considering extending a truce on Chinese rare earth export curbs at a leaders' summit this week, but Chinese customs data shows Beijing is still throttling shipments of the materials vital for defense and manufacturing.
- Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.7 trillion portfolio, Kevin Warsh is expected to return as the US central bank's leader this month with a big reform agenda.
- US banks are rushing to fix scores of IT system weaknesses flagged by Anthropic’s powerful but costly Mythos AI tool, prompting urgent repairs, software upgrades and raising the possibility of disruption for customers.
- Meta employees distributed flyers at multiple US offices to protest the company's recent installation of mouse-tracking software on their computers, according to photos of the pamphlets seen by Reuters. Read our exclusive.
- India's travel industry fears that an appeal by Prime Minister Narendra Modi to avoid unnecessary foreign travel will squeeze new bookings after inflationary pressure knocked down summer overseas inquiries by as much as 15%, industry and analysts say.
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A person stands outside a church being used as a polling station. Fulham, London, Britain, May 7, 2026. REUTERS/Kevin Coombs
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In less than two years, Britain's governing Labour Party has gone from a landslide election victory to a historic rout at last week's local and regional votes that has put Prime Minister Keir Starmer's job on the line.
While incumbents across Europe face similar difficulties, Britain's politics have become ever more febrile in the decade since it voted to leave the European Union: Starmer, its sixth leader since then, promised change but has struggled to deliver.
While much of the voter anger appears to be directed at Starmer himself, opinion polls consistently point to a handful of core sources of frustration at both national and local level.
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A biker rides over Kruunuvuori bridge, Finland's longest and highest bridge, in Helsinki, Finland, May 5, 2026. REUTERS/Leonhard Foeger
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Finland's capital Helsinki has spent billions of euros on public transport and bicycle lanes despite mixed reactions from residents.
In April, about 50,000 people turned out for the opening of a scenic 0.75 mile bridge linking the inner city to nearby islands and reserved for pedestrians, cyclists and trams.
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