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By Mei Mei Chu BEIJING, May 7 (Reuters) – U.S. President Donald Trump is scheduled to meet Chinese President Xi Jinping during his visit to Beijing next week, as both countries seek to stabilise a relationship strained by tensions over trade, Taiwan and the Iran war. Company executives and analysts are not expecting big breakthroughs at the summit, although there could be minor successes such as an extension of a […]

TAIPEI, Taiwan (AP) — Paraguay’s President Santiago Peña arrived in Taiwan on Thursday on his first visit to the self-ruled island that Beijing claims as its own territory. Paraguay is the last country in South America and one of 12 worldwide to recognize Taiwan. China, which has not ruled out force in annexing Taiwan, has been ramping up a campaign over the past few years to lure Taiwan’s diplomatic allies. […]

BEIJING (AP) — China’s top diplomat said Thursday that ties with the U.S. have been in general stable despite “many twists and disruptions,” and called on both countries to find a way to contribute to global peace, a week before President Donald Trump is expected to visit. During a meeting with members of a U.S. bipartisan congressional delegation, led by Sen. Steve Daines, Chinese Foreign Minister Wang Yi credited Presidents […]

By Stephen Nellis SAN FRANCISCO, May 7 (Reuters) – Quantum Motion on Thursday said it raised $160 million to fund its effort to build a quantum computer that is smaller, cheaper and more energy efficient than rivals using standard silicon chipmaking techniques.  Quantum computers hold the promise of solving problems that regular computing machines cannot. At the heart of that ability is what is known as a qubit. Unlike the […]

By Stephen Nellis SAN FRANCISCO, May 7 (Reuters) – Quantum Motion on Thursday said it raised $160 million to fund its effort to build a quantum computer that is smaller, cheaper and more energy efficient than rivals using standard silicon chipmaking techniques.  Quantum computers hold the promise of solving problems that regular computing machines cannot. At the heart of that ability is what is known as a qubit. Unlike the […]

JAKARTA, May 7 (Reuters) – Victims of last year’s deadly floods in Indonesia’s Sumatra filed a lawsuit to the state court on Thursday, urging the government to grant national disaster status to three affected provinces and suspend approvals for new forest use permits. Following are the key details of the lawsuit: • The state administrative court received the lawsuit documents on Thursday, the court’s website showed. • Seven residents of […]

JAKARTA, May 7 (Reuters) – Victims of last year’s deadly floods in Indonesia’s Sumatra filed a lawsuit to the state court on Thursday, urging the government to grant national disaster status to three affected provinces and suspend approvals for new forest use permits. Following are the key details of the lawsuit: • The state administrative court received the lawsuit documents on Thursday, the court’s website showed. • Seven residents of […]

LONDON, May 7 (Reuters) – Nike CEO Elliott Hill got a vote of confidence from one of its largest customers, British sportswear retailer JD Sports, whose boss said on Thursday he was “doing a great job”. Hill, who was with Nike for more than three decades, returned as CEO in October 2024 to lead a turnaround at the firm which had been struggling with strategy missteps that soured its relations […]

LONDON, May 7 (Reuters) – Nike CEO Elliott Hill got a vote of confidence from one of its largest customers, British sportswear retailer JD Sports, whose boss said on Thursday he was “doing a great job”. Hill, who was with Nike for more than three decades, returned as CEO in October 2024 to lead a turnaround at the firm which had been struggling with strategy missteps that soured its relations […]