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US Army soldiers take part in annual Freedom Shield joint military training near the demilitarized zone separating South and North Korea. REUTERS/Kim Soo-hyeon
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A US sailor launches an F-35C Lightning II from the flight deck of aircraft carrier USS Abraham Lincoln during the ongoing conflict with Iran. US Navy/REUTERS
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- President Trump vowed to hit Iran hard economically, a day after Treasury Secretary Scott Bessent said that Washington would impose measures on Tehran that have "never been seen". Here are what experts say are the Trump administration's options.
- As Anthropic prepares for what could be one of the biggest IPOs on record, Wall Street is looking further into the future than it commonly does to put a price on the AI company, valuing it based on how much revenue it could generate two years from now.
- Nestle is seeking to turn the rise of GLP-1 weight-loss drugs from a threat into a business opportunity, using AI and nutritional science to develop products aimed at millions of consumers taking medicines such as Ozempic and Wegovy.
- Binance, the world's largest crypto exchange, last year handed Russian authorities to Ukrainian fundraising campaigns that were used as evidence to bring terrorism financing charges against a Russian IT specialist, law enforcement documents show.
- The risk of an exceptionally strong El Nino and how to adapt has shot up the agenda in company discussions, according to an analysis of filings and earnings calls. Scientists have said a "very strong" El Nino is increasingly likely and could be the most disruptive such event since 1950.
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President Trump shakes hands with Chinese President Xi Jinping during a visit to Beijing, China. REUTERS/Evan Vucci
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The US is preparing to tell dozens of countries they must pick sides in the artificial intelligence race with China, warning they will be excluded from a US-led AI coalition if they also sign up for Beijing's competing framework, according to a US official and an internal draft reviewed by Reuters.
Washington last year launched the Pax Silica initiative aimed at securing supply chains for AI models, semiconductors and critical minerals, amid a fierce technology rivalry with Beijing.
By pressing countries to choose sides, the US hopes to starve China of resources in a race to make the most sophisticated AI, which could be used for military or economic dominance.
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Carabinieri officers pose with three paintings that were recovered after they were stolen from the Magnani Rocca Foundation in Mamiano, Italy. Carabinieri/REUTERS
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Italian police have recovered three paintings by French masters Paul Cezanne, Pierre-Auguste Renoir and Henri Matisse that were stolen from a museum near the northern city of Parma in March, officials said on Friday.
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