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YEREVAN, Armenia (AP) — European leaders on Monday said that U.S. President Donald Trump’s snap decision to pull thousands of U.S. troops out of Germany came as a surprise but is a fresh sign that Europe must take care of its own security. The Pentagon announced last week that it would pull some 5,000 troops out of Germany, but Trump told reporters on Saturday that “we’re going to cut way […]

DUBAI, United Arab Emirates (AP) — The United States on Monday kicked off an effort to “guide” stranded ships from the Iran-gripped Strait of Hormuz, as it tries to counter economic disruptions that outlasted the peak of fighting with no peace deal in sight. A day after U.S. President Donald Trump announced what he called “Project Freedom,” the Joint Maritime Information Center said Monday that the U.S. had set up […]

May 4 (Reuters) – AI chipmaker Cerebras Systems, a rival to Nvidia , is scheduled to kick off its IPO roadshow on Monday, with shares expected to be priced between $115 and $125, a source familiar with the matter told Reuters.  This marks Cerebras’ second attempt to go public after withdrawing a previous IPO filing last October. Cerebras did not immediately respond to Reuters request for a comment. The company […]

By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE, May 4 (Reuters) – Chaozhou Three-Circle Group, a Chinese maker of small ceramic components used in phones, cars, data centres and telecom equipment, aims to raise up to $1 billion in a Hong Kong listing, two sources with knowledge of the matter said. The Shenzhen-listed company is awaiting approval from the China Securities Regulatory Commission, with the sources expecting the deal to […]

By Shilpa Jamkhandikar MUMBAI, May 4 (Reuters) – Indian Prime Minister Narendra Modi’s party was on course to win two of four crucial state elections on Monday, expanding its influence and weakening its key rival half-way into his third term in office.   Modi’s Bharatiya Janata Party (BJP) was set to return to power in the eastern state of Assam for the third straight term, and was sweeping West Bengal, counting trends […]

VIENNA, May 4 (Reuters) – Austria declared three Russian diplomats personae non gratae over an “antenna forest” on the rooves of diplomatic buildings that could be used for spying, the government said on Monday. “It is unacceptable that diplomatic immunity be used to commit espionage,” Foreign Minister Beate Meinl-Reisinger said in a statement confirming that the three diplomats had already left the country. It brings to 14 the number of […]

May 4 (Reuters) – Barclays on Monday joined a growing list of brokerages to bet on no policy easing from the U.S. Federal Reserve this year, citing prolonged high energy prices linked to the Iran war that are likely to keep inflation elevated. The British brokerage had previously forecast a 25‑basis‑point rate cut in September 2026. It also retained its forecast of a quarter point reduction in March 2027. Global […]

ISLAMABAD, May 4 (Reuters) – The U.S. has evacuated 22 crew members held aboard an Iranian container vessel to Pakistan and will hand them over to Iranian authorities on Monday, Pakistan’s foreign ministry said, calling the move a “confidence-building measure”. Here are some details.  • Iranian-flagged Touska, part of the Islamic Republic of Iran Shipping Lines (IRISL) that has been hit with sanctions by Washington, was boarded and seized by […]

LONDON (AP) — Working from home is the new normal for millions of people in the U.K., and Surrey County Cricket Club has spotted an opportunity to galvanize attendance at its south London ground. Surrey, one of the most successful teams in England, is encouraging hybrid workers to come and do their jobs at The Kia Oval, the 180-year-old ground just south of the River Thames. Over the winter, it […]