Economic News

BEIJING (Reuters) – China’s industrial output rose 3.9% in March year-on-year, official data showed on Tuesday, accelerating from a 2.4% increase in the first two months but missing expectations slightly amid a post-COVID economic recovery.

By Steve Scherer OTTAWA (Reuters) – Prime Minister Justin Trudeau on Monday accused his Conservative rival Pierre Poilievre of enlisting U.S. billionaires to attack Canada’s public broadcaster, after Poilievre prodded Twitter owner Elon Musk to label the CBC “government-funded”.

SHANGHAI (Reuters) – Premium electric vehicle (EV) maker Polestar, founded by Volvo and Zhejiang Geely Holding Group, said on Tuesday it expects production of its Polestar 4 to begin later this year in Hangzhou Bay.

(Reuters) – A Missouri teenager was shot and wounded by a homeowner after the boy mistakenly went to the wrong house to pick up his siblings, police said.

By Hyunjoo Jin and Sheila Dang SAN FRANCISCO (Reuters) -Billionaire Elon Musk said on Monday he will launch an artificial intelligence (AI) platform that he calls “TruthGPT” to challenge the offerings from Microsoft and Google.

TOKYO (Reuters) – The suspect who threw a smoke bomb toward Japanese Prime Minister Fumio Kishida had a record of seeking damages from the government, claiming he was unfairly barred from running for the Upper House election, the Yomiuri newspaper reported on Tuesday.

NEW YORK (Reuters) – U.S. law enforcement officials have arrested two New York residents for allegedly operating a Chinese “secret police station” in Manhattan’s Chinatown neighborhood, the top federal prosecutor in Brooklyn said in a statement on Monday.

TUNIS (Reuters) – Tunisian police on Monday detained Ennahda party leader Rached Ghannouchi, his party said, in a move that marks an escalation in a campaign of arrests that has already targeted numerous high-profile opponents of President Kais Saied.

MEXICO CITY (Reuters) – Members of Mexico’s National Guard are suspected of killing two civilians this weekend in the northern border city of Nuevo Laredo, including a pregnant teenager, a state official and local media said on Monday.

SYDNEY (Reuters) – Australia on Tuesday reaffirmed its commitment to improving agriculture ties with China after a ministerial meeting, as Canberra cheered progress made toward restoring trade in barley amid a thawing in diplomatic relations.

By Lisa Baertlein LOS ANGELES (Reuters) – United Parcel Service and the International Brotherhood of Teamsters union will on Monday start U.S. private sector labor contract talks covering roughly 340,000 U.S. drivers, package handlers and loaders at the global delivery firm.

LONDON (Reuters) – Glencore executives have met around 120 Teck Resources shareholders during a short visit to Toronto in an effort to gain support for the company’s bid rather than an internal overhaul, a source familiar with the situation said.

By Lisa Richwine and Danielle Broadway LOS ANGELES (Reuters) -Hollywood writers voted overwhelmingly in favor of giving union negotiators the power to call a strike, moving a step closer to a production shutdown that would hamper studios and disrupt what viewers see on television.

By Joe Skipper and Joey Roulette BOCA CHICA, Texas (Reuters) – Elon Musk’s SpaceX made final preparations early on Monday to launch its powerful new Starship rocket system to space for the first time, on a brief but highly anticipated uncrewed test flight from the Gulf

By Lisandra Paraguassu BRASILIA (Reuters) – Russian Foreign Minister Sergei Lavrov on Monday thanked Brazil for its efforts to resolve the conflict in Ukraine ahead of a visit with Brazilian President Luiz Inacio Lula da Silva, whose comments on the war have unnerved Washington.

CAIRO (Reuters) – Egypt President Abdel Fattah al-Sisi on Monday said Egyptian troops held in Sudan were merely there to conduct exercises with their Sudanese counterparts and not to support any of the warring parties.

(Reuters) – An Ohio grand jury on Monday cleared eight police officers of wrongdoing in the shooting death of an unarmed Black man after a vehicle and foot chase last summer, as the city prepared for a fresh round of protests against alleged police misconduct.

By Matt Spetalnick WASHINGTON (Reuters) -An independent probe has found that the head of the Organization of American States did not engage in serious misconduct in an intimate relationship with a staffer but that he violated its ethics code by failing to exercise “good judgment,” according to the results of

(Reuters) – U.S. Ambassador to Russia Lynne Tracy said on Monday she had made a first visit in jail to Evan Gershkovich, a Wall Street Journal reporter accused by Moscow of spying, and had found him in good spirits.

By Hilary Russ NEW YORK (Reuters) – McDonald’s is toasting buns and melting cheese to improve the quality of its Big Mac and other burgers as it looks to boost sales.