Trump says it would be ‘stupid’ not to accept gift of Qatari plane
The $400 million luxury plane, which would be outfitted to serve as Air Force One, would be one of the most valuable gifts ever received by the U.S. government. Read more
Latest Stories by Reuters
Diddy sex trafficking trial opens with graphic testimony
Stripper Daniel Phillip, the prosecution’s second witness, recounted an episode in a New York City hotel where Combs threw a liquor bottle in Ventura’s direction, grabbed her by the hair and dragged her screaming into another room where he heard Combs shouting and slapping Ventura around. Read more
Taiwan test fires U.S.-supplied HIMARS rockets for first time
With a range of about 300 km (186 miles), they could hit coastal targets in China’s southern province of Fujian, on the other side of the Taiwan Strait, in the event of conflict. Read more
Trump welcomes white South African refugees to U.S.
Asked today why white South Africans were being prioritized above the victims of famine and war elsewhere in Africa, Trump said, without providing evidence, that Afrikaners were being killed. Read more
Nissan to cut over 10,000 more jobs
Japan’s third-biggest automaker is striving to make its business leaner and more resilient after weak sales in China and its biggest market, the United States. Read more
Trump signs order demanding pharma slash U.S. drug costs
The order gives drugmakers price targets in the next 30 days, and will take further action to lower prices if those companies do not make “significant progress” towards those goals within six months of the order being signed. Read more
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Hamas says it freed Israeli-American hostage in Gaza
Israel’s military said it had been informed by the Red Cross that a hostage had been handed over without naming Edan Alexander, the last American held by militant group Hamas. Israel’s Channel 12 said Alexander’s condition was “low” without citing a source. Read more
Dow soars 1,166 points after U.S.-China tariff truce
Investors showed some relief by favoring riskier assets and turning away from more defensive bets, but they were still left waiting for clarity on where tariffs would ultimately settle. Read more
U.S., China reach deal to temporarily slash tariffs
The U.S. will cut extra tariffs it imposed on Chinese imports last month from 145% to 30% for the next 90 days, the sides said, while Chinese duties on U.S. imports will fall to 10% from 125%. Read more
ABC News: Trump to accept 747 from Qatar to use as Air Force One
The luxury plane, which would be one of the most valuable gifts ever received by the U.S. government, would eventually be donated to Donald Trump’s presidential library after he leaves office, ABC said. A new commercial 747-8 costs approximately $400 million. Read more
Hamas to release Israeli-American hostage Edan Alexander
The senior Hamas official did not specify a time for the release of Alexander, a 21-year-old soldier in the Israeli Army who was born and raised in New Jersey, but a source familiar with the matter told Reuters it would likely happen on Tuesday. Read more
FAA: Telecoms issue briefly slows Newark plane traffic again
The Philadelphia Terminal Radar Approach Control suffered a new problem that briefly led the FAA to issue a ground stop while it ensured redundancies were working as designed. Read more
Villagers evacuated along India-Pakistan border fear going back
Indian cites like Jammu and Amritsar, which were spooked by the sounds of explosions after the truce was agreed, remained quieter than normal on Sunday with many shops choosing to close and people preferring to stay indoors. Read more
First white South Africans board plane for U.S. under Trump refugee plan
A queue of white citizens with airport trolleys full of luggage, much of it wrapped in theft-proof cellophane, waited to have their passports stamped, a Reuters reporter saw, before they entered the departure lounge for their charter flight. Read more
U.S., Chinese officials to resume trade talks on Sunday
Neither side made any statements about the substance of the discussions nor signaled any progress towards reducing crushing tariffs as meetings at the residence of Switzerland’s ambassador to the U.N. Read more
New pope gives Villanova University another reason to cheer
At midweek, the chaplain of Villanova University’s basketball team cheered as one of his former star players led the New York Knicks to a come-from-behind National Basketball Association playoff win. Read more
Nissan abandons plan for $1.1B EV battery plant in Japan
The company is also preparing to offer early retirement to several hundred staff in Japan, the Nikkei newspaper reported. Read more
European leaders tell Putin to agree to Ukraine ceasefire or face new sanctions
The leaders of Britain, France, Germany, Poland and Ukraine set the start of the ceasefire for May 12 at a meeting in Kyiv, during which they held a phone call with President Donald Trump. Read more
Violations reported after India, Pakistan agree to ceasefire
Blasts were heard in Srinagar and Jammu and projectiles and flashes were seen in the night sky over Jammu, similar to the events of the previous evening, according to authorities, residents and Reuters witnesses. Read more
U.S. opens national security probe into imported commercial jets, engines
The U.S. Commerce Department said on Friday it has opened a national security investigation into the import of commercial aircraft, jet engines and parts. Read more
Shipping firms slash China-U.S. routes as Trump tariffs hit trade
The ships on those routes have the combined capacity to deliver 25,682 40-foot containers stuffed with toys, tennis shoes, car parts and things U.S. manufacturers use to produce goods each week — or more than 1.3 million 40-foot containers a year, based on capacity data provided in customer advisories. Read more
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