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BEIJING (AP) — China and the U.S. hope to reach an agreement on lowering import taxes soon, a Chinese government spokesperson said Thursday, fueling expectations that an announcement could come when the leaders of the two countries meet in two weeks. Negotiators are striving to implement reciprocal tariff reductions on $30 billion of goods “at an early date,” Commerce Ministry spokesperson Huang Ling said at a weekly briefing. She did […]

By Andrew Osborn MOSCOW, Sept 10 (Reuters) – Bone fragments from the sword hand of a medieval Russian prince who won a famous victory over the Mongols have been sent to the front in Ukraine to raise army morale in the Russian Orthodox Church’s latest show of support for President Vladimir Putin’s war. The sarcophagus of Grand Prince Dmitry Donskoy, who died in 1389 and is revered by Russian nationalists […]

By Stephen Nellis SAN FRANCISCO, Sept 10 (Reuters) – Ayar Labs, a Silicon Valley startup developing a way to link AI chips directly together with optical connections, on Thursday said it has raised an additional $150 million. The fresh capital is an extension of a series E $500 million funding round the company announced in March. Ayar, which has backing from chip giants Nvidia, Advanced Micro Devices and MediaTek is developing co-packaged optics, a […]

Ukrainian President Volodymyr Zelenskyy was in Canada on Thursday for talks with Prime Minister Mark Carney, his latest international trip aimed at locking in future support for Ukraine’s fight against Russia’s invasion. Ukraine is under pressure from Russia’s air war, which is using ballistic missiles and jet-powered drones to pierce defenses. Moscow’s attacks have targeted Ukraine’s power grid ahead of the upcoming winter as part of its campaign to demoralize […]

SEOUL, South Korea (AP) — South Korea’s National Intelligence Service says it is trying to determine if North Korean leader Kim Jong Un has a son, while the spy agency maintains Kim’s teenage daughter is his likely heir. The NIS said in a statement Thursday that even if a son exists, he is not in a position to become the successor to Kim, who took the reins of North Korea’s […]

HONG KONG (AP) — China’s passenger car exports in the first eight months of this year already surpassed last year’s total, an industry association said Thursday, though domestic sales continued to decline. Passenger car exports in August jumped 67.1% from the year before to around 890,000 units, driven by plug-in hybrids and pure electric vehicles, according to the China Association of Automobile Manufacturers (CAAM). China exported more than 6.2 million […]

By Simon Johnson STOCKHOLM, Sept 10-(Reuters) – Swedes will vote on Sunday in a tight election that has effectively become a referendum on whether the far-right Sweden Democrats should join the government and cement their journey from pariahs to trusted partners in a country once seen as one of Europe’s most liberal. The party, with roots in the neo-Nazi fringe, has around 19% of the vote, according to the latest […]

By Dan Catchpole and Sabrina Valle SEATTLE, Sept 10 (Reuters) – Mergers and acquisitions are accelerating in the aerospace supply chain as clearer Boeing and Airbus production schedules give buyers more confidence in long-term demand, according to industry data and interviews with dealmakers and suppliers. Through August, aerospace and defense-focused investment bank Janes Capital Partners tracked 154 publicly disclosed commercial aerospace transactions this year, just shy of the annual record […]

Sept 10 (Reuters) – Sweden will hold a parliamentary election on September 13 with the centre-left opposition holding a slim lead in opinion polls over Prime Minister Ulf Kristersson’s ruling right-wing bloc. WHAT’S AT STAKE? Kristersson is seeking to form a majority government with his existing partners, the Christian Democrats and the Liberals, but this time with the addition of the Sweden Democrats, a party with roots in the neo-Nazi […]