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Trump's latest tariff salvo no fix for global issue of forced labor

Trump's latest tariff salvo no fix for global issue of forced labor

By Olivia Le Poidevin, Christoph Steitz and Josephine Mason LONDON, June 5 (Reuters) - President Donald Trump's threat to slap new tariffs on trade partners the U.S. accuses of failing to crack down on forced labour will do little to fight modern slavery — and could even make things worse, experts,

Factbox-How US, Europe and Britain target goods made with forced labour

Factbox-How US, Europe and Britain target goods made with forced labour

June 3 (Reuters) - The United States has proposed new tariffs on imports from 60 economies after accusing trading partners of failing to keep goods made with forced labour out of their markets.

How Pakistan became Trump’s most surprising ally

How Pakistan became Trump’s most surprising ally

Pakistan’s surprising role in the Iran war, explained.

Take Five: Houston, we have an IPO

Take Five: Houston, we have an IPO

June 5 (Reuters) - The public listing of SpaceX will take centre stage as it looks likely to become one of the top 10 most valuable U.S. listed firms after it goes public, while a rate hike from the European Central Bank on Thursday seems nailed on.

Portugal and Austria defeat Germany for seats on the UN Security Council

Portugal and Austria defeat Germany for seats on the UN Security Council

Portugal and Austria have defeated Germany for seats on the powerful but deeply divided U.N. Security Council in a hotly contested race after intense campaigning

Five countries elected to UN Security Council; Germany misses out

Five countries elected to UN Security Council; Germany misses out

June 3 (Reuters) - The United Nations General Assembly on Wednesday elected Austria, Kyrgyzstan, Portugal, Trinidad and Tobago and Zimbabwe to the 15-member U.N. Security Council for two-year terms starting on January 1, 2027.

Poland and Lithuania confirm exploring a bigger role in nuclear deterrence

Poland and Lithuania confirm exploring a bigger role in nuclear deterrence

Poland and Lithuania confirm they are in talks about their role in NATO's nuclear deterrence efforts, which are centered on U.S. nuclear weapons in Europe

Tesla extends Chinese-made EV growth as sales surge in May

Tesla extends Chinese-made EV growth as sales surge in May

BEIJING, June 2 (Reuters) - Tesla's Chinese-made electric vehicle sales jumped 39.4% from a year earlier in May, marking a seventh consecutive month of growth as it held its ground against Chinese rivals.

Wall Street poised to open lower even as AI and data center companies soar on still-hot demand

Wall Street poised to open lower even as AI and data center companies soar on still-hot demand

Markets on Wall Street tipped toward losses before the opening bell Tuesday even as a handful of technology companies saw their shares post big gains as demand for AI and data center infrastructure remains red hot

A drop for Alphabet helps slow Wall Street's record-breaking rally

A drop for Alphabet helps slow Wall Street's record-breaking rally

A drop for Alphabet, one of Wall Street’s most influential stocks, is helping to slow the U.S. stock market’s record-breaking rally

OECD says protracted war could drag on global growth, push up inflation

OECD says protracted war could drag on global growth, push up inflation

By Leigh Thomas PARIS, June 3 (Reuters) - The global economic outlook hinges on how long the war in the Middle East lasts, with recession in some countries and sharply higher inflation a real possibility if it drags on into next year, the Organisation for Economic Cooperation and Development warned

Global shares mostly gain as Trump claims Israel and Hezbollah agree to tone down fighting

Global shares mostly gain as Trump claims Israel and Hezbollah agree to tone down fighting

Global shares are mostly higher after U.S. President Donald Trump said Israel and Hezbollah had agreed to dial back their fighting