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Israeli army says missile launched from Yemen's Houthis intercepted Jul 1, 2025 01:47PM

CAIRO (Reuters) -The Israeli army said on Tuesday that a missile launched from Yemen toward Israeli territory had been intercepted.

Israel has threatened Yemen's Iran-aligned Houthi movement - which has been attacking Israel in what it says is solidarity with Gaza - with a naval and air blockade if its attacks on Israel persist.

Since the start of Israel's war in Gaza in October 2023, the Houthis, who control most of Yemen, have been firing... (continue reading...)


As USAID stops foreign aid, Rubio says future US assistance will be limited Jul 1, 2025 01:45PM

By Humeyra Pamuk

WASHINGTON (Reuters) -The U.S. Agency for International Development will on Tuesday officially stop implementing foreign aid, Secretary of State Marco Rubio said, adding that America's assistance in the future will be targeted and limited.

In a statement marking the transfer of USAID to the State Department as part of President Donald Trump's unprecedented push to shrink the federal government, Rubio said the U.S. was... (continue reading...)


US charges two Chinese nationals in efforts to recruit US service members Jul 1, 2025 01:40PM

(Reuters) -U.S. prosecutors have charged two Chinese nationals with acting as agents of the Chinese government and accused them of attempting to recruit U.S. military service members, the Justice Department said on Tuesday.

The pair made their initial appearances in federal court in Houston and Portland, Oregon on Monday, the department said in a statement. The Chinese Embassy in Washington did not immediately respond to a request for comment.

... (continue reading...)
Exclusive-UBS hires Taylor Henricks as head of M&A in Americas from Morgan Stanley Jul 1, 2025 01:38PM

By Lananh Nguyen

NEW YORK (Reuters) -UBS hired Taylor Henricks as its head of mergers and acquisitions in the Americas as it seeks to expand investment banking in the U.S., according to a memo seen by Reuters.

Henricks will also serve as UBS' head of technology M&A after holding a similar role at Morgan Stanley. The executive will start at the Swiss bank in October and be based in Menlo Park, California. He will report to Jeff Hinton, the... (continue reading...)


Despite last-minute changes, Senate bill deals big blow to renewable energy Jul 1, 2025 01:34PM

By Valerie Volcovici

WASHINGTON (Reuters) -The U.S. Senate's massive budget bill that passed on Tuesday will make it harder to develop wind and solar energy projects, despite the removal of some contentious provisions, industry advocates and lawmakers said.

The Senate dropped a proposed excise tax on solar and wind energy projects that don't meet strict standards after last-minute negotiations with key Republican senators seeking better terms... (continue reading...)


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