Reuters - Rahm Emanuel criticises China in speech and social media post

Reuters, officially known as the Reuters News Agency, is an international news agency headquartered in London, England. It was founded in 1851 by Paul Julius Reuter, a German-born entrepreneur, who initially started the company as a telegraphy service for financial news between London and Paris. Today, the company is a leading provider of news and information, with a global network of journalists and correspondents in more than 200 locations worldwide.


Paul Julius Reuter started his career as a banker, but his interest in news and innovation led him to start his own news service. In 1849, he established a small news bureau in Aachen, Germany, to transmit stock market quotations between Brussels and Aachen via an electric telegraph. He soon expanded his operation to include other European cities, including Paris and London.

In 1851, Reuter moved to London and established his headquarters in the City of London, where he began transmitting news to Paris via the newly laid submarine cable. He became the first person to transmit stock market information between London and Paris using an electric telegraph. In the following years, Reuter expanded his business to cover other aspects of news, from political and diplomatic news to sports and entertainment.

In the 1860s, Reuters began using carrier pigeons to send news faster than the telegraph. This method was particularly useful during the Franco-Prussian War when Reuters was able to send news from the front line in Paris to London within a few hours. In 1870, Reuters was the first news agency to send news via transatlantic cable from London to New York.

The Reuters News Agency began to expand worldwide in the early 20th century. In 1901, Reuters established a bureau in Tokyo, Japan, which became the first news agency in Asia. In 1923, Reuters opened a bureau in Moscow, becoming the first foreign news agency to be accredited by the Soviet government.

In the following decades, Reuters continued expanding its network of correspondents and bureaus worldwide, establishing a strong presence in Latin America, Africa, and the Middle East. In 2018, Reuters had correspondents in over 200 locations worldwide.

Ownership and Governance

The Reuters News Agency has undergone several changes in ownership and governance over the years. In 1941, Reuters was taken over by the British government as a wartime measure. In 1945, the company was sold to the British Newspaper Proprietors’ Association, a trade group representing major British newspapers.

In 1984, Reuters became a publicly-traded company on the London Stock Exchange and the NASDAQ. The company underwent another ownership change in 2008 when it was acquired by Thomson Corporation, a Canadian media conglomerate. The merged company became known as Thomson Reuters, with the Reuters news service continuing as a separate entity.

In October 2018, Thomson Reuters announced that it had sold a majority stake in its financial and risk business to Blackstone Group LP. The deal retained full ownership of the Reuters News Agency, which became a standalone business owned by Thomson Reuters Corp.


The Reuters News Agency covers a wide range of topics, including breaking news, business, finance, politics, sports, and entertainment. The agency is known for its impartial reporting and news feeds, which are used by media outlets around the world.

In addition to its traditional news service, Reuters also provides multimedia content, including photos, videos, and infographics. The agency is particularly known for its award-winning photojournalism, which has won numerous Pulitzer Prizes.

Reuters also operates a Fact Check service, which verifies the accuracy of news stories and social media posts. The service is designed to combat the spread of misinformation and fake news.

Technology and Innovation

The Reuters News Agency has always been at the forefront of technological innovation. In the 1860s, Reuters used carrier pigeons to send news faster than the telegraph. In the 1970s, Reuters introduced computer terminals for its clients, and in the 1980s, it began using satellite technology to transmit news around the world.

In recent years, Reuters has embraced digital technology. The agency’s news feed is available online, and it has developed mobile apps for iOS and Android devices. Reuters has also been a pioneer in the use of artificial intelligence for news gathering and dissemination.

In 2018, Reuters launched Lynx Insight, an AI-powered tool that can identify trends and make predictions based on patterns in news stories. The tool is designed to assist journalists in their reporting and to provide insights into emerging topics and trends.


Reuters is a world-renowned news agency with a rich history of innovation and technological advancement. From its humble beginnings as a telegraphy service for financial news, Reuters has grown into a global network of correspondents, covering a wide range of topics and regions.

Today, the agency continues to innovate and adapt to changing technologies and media landscapes. With its impartial reporting and commitment to accuracy and integrity, Reuters remains a trusted source of news and information around the world.

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U.S. homeland security chief says border facilities strained by new arrivals


23-05-11 18:03

US Homeland Security Secretary Alejandro Mayorkas has warned of tougher consequences for immigrants who try to cross the US border illegally. Mayorkas described the border as "not open," and said that US officials are not afraid to advance prosecutions to the Department of Justice if there were "individuals who repeatedly attempt to enter illegally." This comes as 22 Republican state attorneys general have opposed a new asylum regulation rolled out by President Biden's administration, calling it "riddled with exceptions."
Albemarle aims to expand Chile lithium mine in 2028 with new technology


23-05-11 17:46

Albemarle, one of only two lithium miners operating in Chile, is planning to expand its production capacity by using direct lithium extraction (DLE) technology by 2028, according to an interview with company Chile manager Ignacio Mehech. That is assuming the firm gains the required permits, and the technology proves scalable by that deadline. The method could preserve water supplies by allowing extracted brine to be reinjected once lithium is removed, potentially pleasing President Gabriel Boric, who has pushed for DLE, but the process currently requires large volumes of water to filter lithium from underground brine, potentially putting the company at odds with local communities and environmental groups.
U.S. agrees to renew strategic pact with Micronesia, says envoy

Nikkei Asia

23-05-15 23:44

The United States is to renew its key strategic ties with Micronesia in Washington's latest effort to boost the support of Pacific island states and counter China’s growing influence in the area. Renewing the Compact of Free Association (COFA) agreements, which grant Washington responsibility for islanders’ defence and access to strategic areas of the Pacific, has become an important part of US foreign policy. US presidential envoy, Joseph Yun, has said that the agreement would likely be signed on 22 May. The US has already signed similar agreements with Palau and the Marshall Islands. COFA provisions will expire in 2023 and 2024.
Giuliani sued for $10m for alleged sexual assault by former employee

The Independent

23-05-15 22:45

A former associate of Rudy Giuliani has sued him for sexual harassment, assault, wage theft and other misconduct. Noelle Dunphy claims she was forced to perform sex acts on Mr Giuliani, while talking to her while visibly touching himself. She also said his demands for sex were an “absolute requirement” of her employment for him. Ms Dunphy accused Mr Giuliani of making sexist, racist, and antisemitic remarks, many of which she recorded. The suit also accuses him of insisting that she worked naked, wearing bikinis, or tiny shorts with a U.S. flag provided by Giuliani. He denies all allegations.
OpenAI readies new open-source AI model - The Information


23-05-15 22:36

OpenAI is reportedly set to release a new open-source language model, according to an anonymous source cited by The Information. Its ChatGPT models gain popularity in Silicon Valley as investors see generative AI as the next growth area for tech firms. While Microsoft announced a multi-billion dollar investment in OpenAI earlier this year, Alphabet already has its own similar project, Google AI, with Meta Platforms rushing to catch up by also releasing an AI product capable of creating human-like written content. It is not expected that OpenAI's new model will compete with GPT. The firm did not comment on the reports.
Exclusive: Top Barclays TMT investment bankers decamp for UBS -sources


23-05-15 22:21

Seven top investment bankers at Barclays have resigned to join UBS in the US, following last month’s announcement that the latter hired three Barclays investment bankers. The bank has hired Laurence Braham, Richard Hardegree, Richard Casavechia, Ozzie Ramos, Jason Williams, Neil Meyer and Ken Tittle. It is unclear which department they will be joining. UBS is building its US talent base despite preparing for the addition of Credit Suisse’s investment banking unit following its acquisition by the Swiss government.
Lawyers suing Oracle draw judge's reproach for arguments with 'odor of denigrating' women


23-05-15 22:12

Plaintiffs lawyers have found themselves receiving a harsh critique due to their failure to prove that a woman board member was not independent in the case of Oracle founder Larry Ellison’s $9.3bn deal to acquire NetSuite. The Judge affirmed that the lawyers had some consequence in “denigrating the abilities of women executives” to succeed based on their merit as the claims against Oracle board member Renee James were already dismissed months prior in December 2019. Additionally, Judge Vice Chancellor Sam Glasscock affirmed Ellison and Safra Catz had not breached their fiduciary duties in securing the deal and that Catz had been willing to walk away if the company demanded a high price. The failure of the claims comes after three years of litigation in which plaintiffs alleged Ellison had used his grip on the firm to drive it into a deal that only served his interests, no those of Oracle shareholders.
US defence pact to strengthen military, police -PNG leader


23-05-16 03:57

US President Joe Biden will visit Papua New Guinea on Monday, and the two countries’ leaders will sign two security agreements: one on defence co-operation and another on maritime surveillance. The US is seeking to build greater security ties with Pacific island nations in order to challenge China’s growing influence in the region. Last year, China signed a security agreement with the Solomon Islands. Papua New Guinea is strategically located near key sea routes between the US, Australia and Japan.
China's April factory output, retail sales lower than forecasts

Nikkei Asia

23-05-16 03:36

China's April industrial output and retail sales growth missed forecasts, indicating the economy has suffered further momentum at the start of the second quarter, adding to pressure to ensure that the post-COVID recovery is strengthened. The National Bureau of Statistics data stated that industrial output in China increased by 5.6% YoY in April, primarily accelerating from the 3.9% pace seen in March. However, retail sales increased by just 18.4% YoY, speeding up sharply from a 10.6% increase in March.
Ukraine updates: Russia launches night air attack on Kyiv

Deutsche Welle

23-05-16 03:21

Russia has carried out an eighth wave of air attacks in Ukraine, involving drones and missiles, according to officials in Kiev. It is unclear how many objects were shot down over the city, or whether missiles or drones were used. Falling debris set several cars on fire and injured three people. The attack occurred hours after Ukrainian President Volodymyr Zelenskyy returned from an EU trip aimed at securing weapons for counteroffensive against Russia. The tanks the US promised earlier this year to deliver to Ukraine have arrived at a German training centre.
Asia stocks steady despite China data miss, helped by weaker dollar outlook


23-05-16 03:16

Stocks in Asia mostly remained steady on Tuesday despite weaker-than-expected Chinese economic data. China's industrial output grew 5.6% in April from a year earlier, accelerating from the 3.9% growth seen in March. However, this was lower than the 10.9% analysts had predicted in a Reuters poll. Retail sales also missed expectations, possibly indicating a wobbly post-COVID recovery. Nevertheless, investors expect China will provide policy support to increase corporate confidence and ensure sustainable growth. The market is also cushioned by expectations that the US dollar will soften.
Tesla applies to expand Shanghai plant, add pouch battery cell output


23-05-16 08:19

Tesla is seeking regulatory clearance to expand its plans in Shanghai, and to begin producing, albeit in small numbers, pouch-type battery cells. In an undated public notice, the expansion would see the Shanghai Gigafactory have the capacity to produce 1.75 million powertrain units annually, up from 1.25 million. If the request is granted, Tesla would also produce trial pouch cells with the initial capacity to make 20,000-amp-hours of cells, equivalent to the power in a single Model Y battery pack. It's unclear how Tesla would use the pouch cells, and a request for comment was not returned.
‘Piles of cash’: Ukrainian Supreme Court named in corruption probe

The Sydney Morning Herald

23-05-16 08:18

The National Anti-Corruption Bureau of Ukraine (NABU) is investigating corruption in the country’s judicial system, including large sums of money paid to judges to rule in favour of particular individuals and corporations. Two courts have been searched and 22 judges questioned as part of the investigation. A photograph of dollar bills on a sofa were displayed on NABU’s Facebook page following investigations by NABU and the office of the Special Anti-corruption Prosecutor. The exposure of corruption marks a key moment in Ukraine's judicial cleansing, launched in 2014 after pro-Western protests caused the removal of President Viktor Yanukovych.
Burundi-born ex-police officer seeks to be Greece's first Black lawmaker


23-05-16 08:09

Burundi-born asylum seeker turned Greek citizen, Spiros Richard Hagabimana is campaigning for election which could see him become Greece's first black lawmaker. Hagabimana refused to open fire on anti-government protestors while he was an office in the country's national police, and was jailed consequently. He returned to Greece in 2016 and worked his way up the ranks to become a senior migration ministry official. He emphasises the importance of integration, saying it "cannot be fought with words alone" but through everyday actions that give people an opportunity "to come into contact with what they are afraid of".
Ukraine's first lady meets with South Korea's Yoon


23-05-16 08:00

Ukraine's first lady, Olena Zelenska, has met with South Korea's President Yoon Suk Yeol as a special presidential envoy, during her visit to participate in a media conference. Zelenska expressed a willingness to invite Yoon to Ukraine, saying it would be "very supportive." Warning against war fatigue, she called for "more radical" support for Ukraine to fight against Russia's aggression. However, South Korea, a major producer of artillery shells, has said it was not providing lethal weapons to Ukraine, citing its relations with Russia.
Chinese warships return to West Pacific for live-fire drills


23-05-16 07:51

Two Chinese warships have conducted live-fire exercises in the Western Pacific, marking the latest instance of China's projection of force into more distant waters. The destroyer Dalian and guided missile frigate Huangshan performed training drills in an unidentified West Pacific area, the People's Liberation Army said. China has significantly bolstered its missile forces and navy fleet in recent years, sparking concern among the US and its partners. Though China's military has been modernised, defence analysts claim it could be more than a decade before China is able to mount a credible carrier threat far from its shores.
Greek PM says country has changed, seeks new mandate to speed up growth


23-05-16 12:56

Greek Prime Minister Kyriakos Mitsotakis, who leads the conservative New Democracy party, seeks re-election with ambitious plans to boost Greece's growth potential. Hoping to win a clear majority, Mitsotakis pledged to limit inequalities and help more vulnerable groups in society. His party leads over the leftist Syriza party in opinion polls while Sunday’s election is more likely produce an outright winner. With COVID-19, high inflation, and a decade-long debt crisis, Mitsotakis has spent over €50bn ($58.27bn) in relief measures since 2020 to provide pensions and raise the monthly minimum wage by 20% to €780 to cope with the cost-of-living crisis.
Canada's annual inflation rate rises to 4.4% in April


23-05-16 12:54

Canada's annual inflation rate rose to 4.4% in April, higher than the expected 4.1%, due to increased shelter costs. The consumer price index was up 0.7% month-over-month, also higher than predictions. However, grocery prices rose at a slower pace in April than they did in March, thanks to a smaller increase in fresh vegetable, coffee, and tea prices. Higher rent and mortgage interest costs contributed the most to the annual inflation rate in April, with the increased interest rate environment potentially stimulating demand for rentals and contributing to higher rents. The Bank of Canada has kept rates unchanged but has said it is ready to hike them further if necessary.
US retail sales miss expectations, but core sales strong


23-05-16 12:51

US retail sales increased by 0.4% in April, below forecasts, suggesting that despite the gains, there exist growing risks of a recession this year in the economy. Retail sales are primarily goods bought on credit from shops, and only the food service and drinks category are the services included in the reports. However, the general underlying trend shows that consumer spending remains strong after a slow Q1 of 2019. Retail sales boosted the economy's growth rate to 1.1%, with economists forecasting a recession as the cumulative and delayed effects of the Federal Reserve's interest rate hikes appear to affect the economy at large.