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By Andrew Osborn MOSCOW, June 3 (Reuters) – President Vladimir Putin has read long-term ally Armenia the riot act: persist in wanting to join the European Union and you can kiss goodbye to cheap Russian oil and gas. The Russian leader issued the warning before a parliamentary election in Armenia on Sunday, which polls suggest the party of Western-leaning Prime Minister Nikol Pashinyan will win. It is not an empty […]

By Aditi Shah June 3 (Reuters) – Tata Motors plans to license an automaking platform from China’s Chery, four people familiar with the matter told Reuters, as it aims to get the launch of its premium EVs back on track after a delay. India’s biggest electric carmaker, will use Chery’s platform to locally build EVs under its premium Avinya brand with plans for at least two cars, the first of […]

By Manoj Kumar NEW DELHI, June 3 (Reuters) – The United States has proposed an additional tariff of 12.5% on imports from India, saying it is among 60 economies that failed to curb imports made with forced labour, a step that threatens to complicate two-way trade talks underway in New Delhi. The proposal by the U.S. Trade Representative’s office came on the second of three days of talks between Indian […]

June 3 (Reuters) – Zara owner Inditex reported a strong start to summer trading on Wednesday, with currency-adjusted sales growth of 11.5% in May, well above analysts’ expectations, and said its sales grew 8.8% in currency-adjusted terms over its first quarter running from February to April. The stronger-than-expected sales growth for the start of its second quarter should help reassure investors that the fast fashion giant, whose shares have fallen […]

June 3 (Reuters) – Britain’s competition regulator said on Wednesday it has imposed new conduct requirements on Google’s search services, including allowing publishers to opt out of training the U.S. tech giant’s AI models, as the watchdog ramps up its oversight. The Competition and Markets Authority has flagged concerns about Google’s dominance in search services. Google accounts for more than 90% of UK queries, and the regulator had been consulting […]

ATLANTA (AP) — On Lou Gehrig Day, baseball’s reigning iron man came through with the biggest blow for the Atlanta Braves. Matt Olson marked his 844th consecutive game with a tiebreaking homer in the sixth inning, giving the Braves a 4-3 victory over the Toronto Blue Jays. Olson’s towering shot — his 17th homer of the season — got a big assist from a strong breeze blowing toward the right-field […]

MELBOURNE, Australia (AP) — The Solomon Islands will review its secretive security treaty with China, the South Pacific nation’s new Prime Minister Matthew Wale said Wednesday. The pact struck in 2022 with the Solomons’ then-Prime Minister Manasseh Sogavare created fears in the United States and among allies including Australia that it would allow the Chinese navy to build a base in the South Pacific. Before Wale became prime minister in […]

WASHINGTON (AP) — The Trump administration is proposing that tariffs of 10% or more be imposed on products from dozens of major trading partners following a probe into imports of goods allegedly made with forced labor. The report released early Wednesday by the U.S. Trade Representative said Canada, Mexico, Taiwan and the United Kingdom and some other countries would face 10% additional tariffs for allegedly failing to enforce a forced […]

June 3 (Reuters) – A drone attack killed seven people and wounded another 11 in a Russian-controlled part of Ukraine’s eastern Donetsk region on Wednesday, the Kremlin-installed head of the region said. Denis Pushilin, posting on the Telegram messaging app, said the drone hit a passenger bus travelling between Moscow and Simferopol in Russian-occupied Crimea. Russia’s State Investigative Committee has opened a criminal investigation under the category of “a terrorist […]