Tango fever sweeps Rome as people dance in the shadow of an ancient castle to celebrate Pope Francis' 78th birthday. Tara Cleary reports.
Taiwanese chipmaker UMC said on Wednesday it expected a rise in wafer shipments in the second quarter as inventory levels for computing, consumer and communications segments improved, but warned of muted auto and industrial demand. Investors have been on edge about chip demand after UMC's much larger peer TSMC shocked the market last week by dialling back its expectations for the sector's growth this year, especially in more mature technologies used in sectors like autos. United Microelectronics Corp (UMC) focuses on more mature nodes, unlike Taiwan Semiconductor Manufacturing Co (TSMC), the world's largest contract chipmaker, which is investing big in the most advanced 2 and 1 nanometre technology to power artificial intelligence (AI) applications.
President Joe Biden will sign a bill into law on Wednesday that provides billions of dollars of new aid to Ukraine for its war with Russia, a bipartisan victory for the president as he seeks re-election and a boost to allies who have looked to Washington to support Kiev. Biden, a Democrat who is expected to face Republican former President Donald Trump, a Ukraine aid skeptic, in the November election, has pressed lawmakers for six months to approve more funding for Ukraine, which has been fighting a full-scale Russian invasion for more than two years. Despite bipartisan support, a proposed package of aid idled amid opposition mostly from Republicans closely tied to Trump.
President Joe Biden's long, painful battle with Republicans in Congress to secure urgently needed assistance for Ukraine will end Wednesday when he signs into law a $95 billion war aid measure that also includes support for Israel, Taiwan and other allies. Biden is expected to quickly approve the transfer of an initial aid package of about $1 billion in military assistance — the first tranche from about $61 billion allocated for Ukraine, according to U.S. officials.
The news cheered up investors who were bracing for the worst after a tumultuous week at Tesla that saw big layoffs, executive exits, price cuts and the postponement of a highly touted meeting with the Indian prime minister. It also helped Wall Street shrug off the company's weak results that included its first quarterly revenue decline in nearly four years and a lower-than-expected profit. "First impression for us is CEO Elon Musk is appeasing the market by accelerating new product launches," Jefferies analysts, led by Philippe Houchois, said in a note.
The number of truly competitive seats is smaller than it's been in decades.
The challenge concerning Idaho hospitals’ obligation to provide abortions during medical emergencies would have national ripple effects.
An expansion of a data privacy measure following the killing of a judge’s son might have started a cottage industry in New Jersey.
US Secretary of State Antony Blinken returned Wednesday to China on his second visit in a year, as the United States ramps up pressure on its rival over its support for Russia while also seeking to manage tensions with Beijing. But Blinken is also seeking to stabilise ties, with tensions between the world's two largest economies palpably easing since his last visit in June.
A prominent German far-right lawmaker said Wednesday that he will dismiss an assistant who was arrested on suspicion of spying for China, but will remain the Alternative for Germany party's top candidate in the upcoming European Parliament elections. Maximilian Krah's assistant, Jian Guo, was arrested Monday. Prosecutors accuse Guo — a German national who had worked for Krah since his election to the European Union legislature in 2019 — of working for a Chinese intelligence service and of repeatedly passing on information on negotiations and decisions in the European Parliament in January.
A top Russian military official arrested on suspicion of accepting a bribe was sent to pre-trial detention Wednesday after appearing before a court in central Moscow, court officials said in a statement. Timur Ivanov, 48, one of Russia’s 12 deputy defense ministers, was arrested Tuesday evening, Russia’s Investigative Committee said in a statement. According to a statement from the court, investigators told Moscow’s Basmany court Wednesday that Ivanov had conspired with third parties to receive a bribe in the form of unspecified property services “during contracting and subcontracting work for the needs of the Ministry of Defense.”
President Marcelo Rebelo de Sousa said late on Tuesday that Portugal was responsible for crimes committed during transatlantic slavery and the colonial era, and suggested there was a need for reparations. Portugal trafficked nearly 6 million Africans, more than any other European nation, but has failed so far to confront its past and little is taught about its role in transatlantic slavery in schools. Instead, Portugal's colonial era, during which countries including Angola, Mozambique, Brazil, Cape Verde and East Timor as well as parts of India were subjected to Portuguese rule, is often perceived as a source of pride.
Extreme heat scorched the Philippines on Wednesday, forcing schools in some areas to suspend in-person classes and prompting warnings for people to limit the amount of time spent outdoors."We need to limit the time we spend outdoors, drink plenty of water, bring umbrellas and hats when going outdoors," Solis told AFP. Solis said El Nino was the reason for the "extreme heat" affecting swaths of the country.
The European Union on Wednesday announced a probe into China's medical devices market, prompting an immediate accusation from Beijing that the bloc was engaging in "protectionism".China's medical devices market is the second largest after the United States, worth around 135 billion euros in 2022 ($145 billion), according to a 2023 report by China-focused think tank MERICS. The EU probe is the first under the bloc's International Procurement Instrument which seeks to promote reciprocity in access
US President Joe Biden vowed to send fresh weapons to Ukraine within days as he prepared to sign on Wednesday an aid package including $61 billion meant to help Kyiv's forces push back against Russia.- Ukraine aid 'within days' - A Pentagon spokesperson told reporters Tuesday it could deliver fresh aid to Ukraine "within days."
President Joe Biden’s apparent suggestion his uncle may have been eaten by cannibals has sparked uproar in Papua New Guinea, casting a shadow on ties.
Dust from the Sahara blankets the Greek capital while parts of Finland experience unusual amounts of snow in what public broadcaster labels ‘freak April weather.’
Malaysia's Tony Fernandes, one of Asia's most prominent entrepreneurs, has decided to extend his contract as chief executive of Capital A, the firm said Wednesday, after the board persuaded him to delay his planned retirement.Fernandes said he was "excited to embark on the journey of completing the full transformation of Capital A." The firm said it had approved an incentive package but did not reveal details.
China on Wednesday blasted the latest package of U.S. military assistance to Taiwan on Wednesday, saying that such funding was pushing the self-governing island republic into a “dangerous situation.” The U.S. Senate late Tuesday passed $95 billion in war aid to Ukraine, Israel and Taiwan after months of delays and contentious debate over how involved the United States should be in foreign wars. The package included $8 billion for Taiwan, meant to counter the threat of invasion by China, which claims the entire island as its own territory and has threatened to take it by force if necessary.
Dutch brewer Heineken said Wednesday its beer sales were up but saw a "challenging and uncertain" economic outlook and couldn't guarantee the same growth for the rest of the year."We continue to see the economic environment as challenging and uncertain, and will remain agile and focused," he said.
More Americans die from heat than any other weather-related hazards. That’s why the CDC and NWS have rolled out tools to help people prepare for dangerous heat.
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