Page 1250 - World News
Jailed US reporter Evan Gershkovich to stand trial in Russia, say officials
Gershkovich, 32, is accused of gathering secret information on orders from the CIA about Uralvagonzavod, a facility in the Sverdlovsk region that produces and repairs military equipment
 "Jailed US reporter Evan Gershkovich to stand trial in Russia, say officials")
Blue Origin, SpaceX, ULA picked for Pentagon rocket launch contracts
The US Space Force, which manages the launch procurement program, said Blue Origin received $5 million to provide an assessment of how it will meet the Pentagon's launch requirements
 "Blue Origin, SpaceX, ULA picked for Pentagon rocket launch contracts")
FAA, EASA vow to boost collaboration on new airplane certification
Since two Boeing 737 MAX crashes in 2018 and 2019 that killed a combined 346 people, aviation regulators around the world have tightened oversight of new airplanes
 "FAA, EASA vow to boost collaboration on new airplane certification")
US Supreme Court rejects bid to restrict access to abortion pills
In 2016 and 2021, the Food and Drug Administration (FDA) made efforts to make it easier to prescribe and distribute the medication
 "US Supreme Court rejects bid to restrict access to abortion pills")
Chinese firms apply for anti-dumping probe of pork imports from EU
The move risks escalating tensions in one of the world's key trading relationships
 "Chinese firms apply for anti-dumping probe of pork imports from EU")
Xi has few options to retaliate against Europe without sparking trade war
China has also signaled it's considering tariffs as high as 25% on imported cars with large engines
 "Xi has few options to retaliate against Europe without sparking trade war")
FAA was too 'hands-off' in its oversight of Boeing, says agency head
FAA's approach was too hands-off too focused on paperwork audits and not focused enough on inspections, FAA Administrator Mike Whitaker told a Senate committee
 "FAA was too 'hands-off' in its oversight of Boeing, says agency head")
PM Modi in Italy to attend G7 Summit; several meetings scheduled today
PM Modi is also expected to hold a bilateral meeting with his Italian counterpart
 "PM Modi in Italy to attend G7 Summit; several meetings scheduled today")
Won't offer commutation to son Hunter after gun sentence, says Biden
Hunter Biden's sentencing date has not been set, and the three counts carry up to 25 years in prison
 "Won't offer commutation to son Hunter after gun sentence, says Biden")
Biden to nominate Romero as FDIC chair post abrupt departure of predecessor
Goldsmith Romero is currently a commissioner at the Commodity Futures Trading Commission, the nation's financial derivatives regulator
 "Biden to nominate Romero as FDIC chair post abrupt departure of predecessor")
US govt to fund up to $500 mn for studies on oral, nasal Covid vaccines
The funding is part of Project NextGen, a $5 billion initiative led by the Biomedical Advanced Research and Development Authority (BARDA)
 "US govt to fund up to $500 mn for studies on oral, nasal Covid vaccines")
Chinese auto manufacturers outsold US counterparts for first time last year
"Negligence from legacy automakers, which has resulted in consistently high car prices, has inadvertently driven consumers toward more affordable Chinese alternatives," Jato analyst Felipe Munoz said
 "Chinese auto manufacturers outsold US counterparts for first time last year")
Apple likely to 'pay' OpenAI for ChatGPT through distribution, not cash
Apple's deal with OpenAI isn't exclusive, and the iPhone maker is already discussing offering Google's Gemini chatbot as an additional option. That agreement should be in place later this year
 "Apple likely to 'pay' OpenAI for ChatGPT through distribution, not cash")
Climate dealmakers brace for China showdown over money at COP29 summit
Negotiators representing more than 190 countries convened in Bonn, Germany, this week for a meeting that typically sets the tone for the annual talks
 "Climate dealmakers brace for China showdown over money at COP29 summit")
Kuwait identifies bodies of 45 Indian nationals killed in fire incident
At least 49 foreign workers were killed and 50 others injured in the fire on Wednesday at the seven-storey building where 196 migrant workers were staying in the southern city of Mangaf
 "Kuwait identifies bodies of 45 Indian nationals killed in fire incident")
China urges EU to rethink EV tariffs; says 'cooperation the way forward'
Brussels seemed to have left some room for the two sides to continue their consultations to find a solution and avoid the worst scenario, the Xinhua commentary added
 "China urges EU to rethink EV tariffs; says 'cooperation the way forward'")
Tesla expects to hike price of China-made Model 3 in EU due to tariff hike
The message, displayed on Tesla's website for countries including Germany, France, Ireland, Belgium, and Hungary, urged prospective buyers to place their orders in June
 "Tesla expects to hike price of China-made Model 3 in EU due to tariff hike")
G7 agrees to use frozen Russian assets for $50 billion loan for Ukraine
The US proposal involves engineering a $50 billion loan to help Ukraine in its fight against Russia that would use interest earned on profits from Russia's frozen central bank assets
 "G7 agrees to use frozen Russian assets for $50 billion loan for Ukraine")
US weekly unemployment claims hit 10-month high; producer prices fall
That was reinforced by other data from the Labor Department on Thursday showing producer prices unexpectedly falling in May
 "US weekly unemployment claims hit 10-month high; producer prices fall")
US wishes India luck with 'structural issues' in strained China ties
Washington has sought to develop its ties with India in spite of some differences over issues including human rights
 "US wishes India luck with 'structural issues' in strained China ties")