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US calls out Israel and Hamas after Gaza aid shipment attacked, diverted May 2, 2024 02:43PM

By Daphne Psaledakis and Simon Lewis

WASHINGTON (Reuters) - The U.S. on Thursday called on both Israel and Hamas to ensure that aid bound for civilians in Gaza is not disrupted, after a shipment from Jordan was attacked by Israeli settlers and subsequently diverted by Palestinian militants.

Secretary of State Antony Blinken viewed the aid on Tuesday just before it departed from the headquarters of the Jordan Hashemite Charity Organization... (continue reading...)


Rivian receives $827 million incentive package to expand Illinois facility May 2, 2024 02:36PM

(Reuters) -Rivian Automotive said on Thursday it has received $827 million in incentives from the State of Illinois to expand operations at its Normal facility in the state.

The company's shares rose nearly 7% in afternoon trade. It had said it would delay construction of a second factory in Georgia.

Its less expensive R2 model unveiled in March would be produced at its first plant in Normal, Illinois, it had then said.

... (continue reading...)


Many US telecom firms need more funding to replace Huawei and ZTE equipment, FCC says May 2, 2024 02:11PM

WASHINGTON (Reuters) - The Federal Communications Commission (FCC) said on Thursday nearly 40% of U.S. telecom companies need additional government funding to remove equipment made by Chinese telecoms firms Huawei and ZTE from American wireless networks to address security risks.

The FCC said removing the equipment is estimated to cost $4.98 billion but Congress has only approved $1.9 billion.

FCC Chair Jessica Rosenworcel on Thursday... (continue reading...)


Israeli private eye arrested in UK over alleged hacking for US PR firm May 2, 2024 01:59PM

By Sam Tobin

LONDON (Reuters) - An Israeli private investigator wanted by the United States was arrested in London over allegations that he carried out a cyberespionage campaign on behalf of an unidentified American PR firm, a London court heard on Thursday.

An initial attempt to extradite Amit Forlit to the United Sates was thrown out by a judge at Westminster Magistrates' Court on Thursday on a legal technicality.

Amy... (continue reading...)


Explainer-What OPEC+ oil output cuts are currently in place? May 2, 2024 01:47PM

By Alex Lawler

LONDON (Reuters) - OPEC+ oil producers are making voluntary output cuts totalling about 2.2 million barrels per day (bpd) for the first half of 2024, led by Saudi Arabia rolling over an earlier voluntary cut.

These curbs from the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, come on top of earlier reductions announced in various steps since late 2022 and bring the total pledged cuts to about... (continue reading...)


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