Reuters

(Reuters) - U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicles, computer chips and medical products, risking an election-year standoff with Beijing in a bid to woo voters who give his economic policies low marks.

The U.S. expects a significant response from Beijing, Treasury Secretary Janet Yellen had said ahead of the tariffs.

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WASHINGTON (Reuters) - U.S. auto safety regulators said Tuesday they have opened an investigation into the performance of Alphabet's Waymo self-driving vehicles after reports of its robotaxis exhibiting driving behavior that potentially violated traffic safety laws.

The National Highway Traffic Safety Administration said its preliminary evaluation into an estimated 444 Waymo vehicles follows 22 reports of 22 incidents including 17 collisions.

(This May 14 story has been refiled to clarify that hiring of more than 70 private bankers was as of October 2023 in paragraph 6, and to amend reference to ROE in paragraph 9)

By Anton Bridge and Miho Uranaka

TOKYO (Reuters) - Nomura Holdings, Japan's biggest brokerage and investment bank, said on Tuesday it aims to nearly double its pre-tax profit over seven years as it pushes deeper into wealth management.

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BANGKOK (Reuters) - A Thai political activist died in custody on Tuesday, the department of corrections said, and a legal aid group said she had been on a partial hunger strike during her pre-trial detention on charges including insulting the country's monarchy.Netiporn "Bung" Sanesangkhom, 28, was part of a small anti-monarchy group called "Thaluwang," a name that translates to "shattering the palace", which organised actions such as opinion polls questioning the... (continue reading...)

(Reuters) - U.S. stock index futures were little changed on Tuesday as investors waited for producer prices data for cues on inflation in the world's largest economy and ahead of Federal Reserve Chair Jerome Powell speech later in the day.

Producer price index (PPI) for final demand is expected to have edged up 0.3% last month, according to economists polled by Reuters, after increasing by an unrevised 0.2% in March.

The PPI is expected... (continue reading...)