Washington Financial News

Vladimir Putin. In March 2023, the International Criminal Court had issued an arrest warrant against Vladimir Putin accusing him of the war crime of illegally deporting hundreds of children from Ukraine. Russia has repeatedly denied its forces have engaged in war crimes, or forcibly taken Ukrainian children.

WASHINGTON (Reuters) — Ten Republican candidates are seeking their party's nomination to take on Democratic U.S. President Joe Biden in the November 2024 election.

By Jarrett Renshaw and David Lawder

(Reuters) — China ordered officials at central government agencies not to use Apple (NASDAQ:AAPL)'s iPhones and other foreign-branded devices for work or bring them into the office, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

By Kanishka Singh

By Richard Cowan and Ann Saphir

By Patricia Zengerle

WASHINGTON—The Internal Revenue Service has slowed the payment of tax refunds to employers under a pandemic-era program, as the agency struggles to combat what it says are fraudulent and overstated claims for the employee-retention tax credit. “We remain deeply concerned about small businesses being scammed and dubious Employee Retention Credit claims being submitted amid aggressive marketing to the business community," the IRS said Tuesday. “The IRS has slowed our processing of these claims to guard against fraudulent or incorrect submissions as we work to enhance our procedures and controls to best protect small-business owners and taxpayer dollars." The announcement marks the government’s biggest step to rein in the cottage industry of employee-retention tax-credit advisers that has emerged in the past few years.

World Cup squad and the Asian Cricket Council confirmed that the Asia Cup would stick to its original schedule. The Super Four stage would be played in Colombo after logistical problems made moving to Hambantota at short notice too much of a challenge. In addition to this, at least one team was reluctant to make the move. With the Indian team there were no surprises. The fifteen were picked from the group involved in the Asia Cup, with the exception of Prasidh Krishna, Tilak Varma and reserve wicketkeeper Sanju Samson. At the press conference announcing the team, both captain Rohit Sharma and chief selector Ajit Agarkar stressed that the guiding principle in this selection was balance. The team actively looked at multifaceted cricketers, led by Hardik Pandya, named vice-captain, Ravindra Jadeja, Axar Patel and Shardul Thakur. The batting picked itself, with all first-choice players being fit and available for selection. If there was one talking point, it was that India had only one slow bowler who took the ball away from left-handed batsmen, in Kuldeep Yadav.

By Pete Schroeder

WASHINGTON (Reuters) — U.S. auto safety regulators said Tuesday that 52 million air bag inflators produced by auto suppliers ARC Automotive and Delphi are unsafe and need to be recalled because they may rupture.

Huawei Technologies' breakthrough in making an advanced chip underscores China's determination and capacity for fighting back against US sanctions, but the efforts are likely very costly and could prompt Washington to tighten curbs, analysts said. Huawei unexpectedly unveiled the latest Mate 60 Pro smartphone last week during US Commerce Secretary Gina Raimondo's visit in China, as the government readies a new $40-billion investment fund to bolster its developing chip sector.

WASHINGTON (Reuters) -U.S. Senate Republican leader Mitch McConnell's two episodes of freezing up while speaking in public appear not to be the result of a stroke or seizure disorder, Congress's doctor said in a statement on Tuesday that did not explain what caused the incidents.

WASHINGTON (Reuters) — Former White House Chief of Staff Mark Meadows pleaded not guilty on Tuesday to charges in the Georgia election subversion case, joining two other allies of former President Donald Trump.

By David Kirton and Max A. Cherney

SEOUL—For more than four years, Kim Jong Un has stayed inside his country’s borders, focused on a deadly virus, a stifled economy and a corrupt elite. Now, the North Korean leader, U.S. officials said, could be planning his first foreign trip to Russia for a meeting with Vladimir Putin.

WASHINGTON (Reuters) — The House Oversight and Accountability Committee said Tuesday it is probing the U.S. Transportation Department's (USDOT) response to a series of aviation and rail safety issues.

By Sarah N. Lynch and Andrew Goudsward

NHL player for now. He has left behind Edmonton Oilers center Connor McDavid, who signed a $12.5 contract. Nathan MacKinnon has signed an eight-year contract with the Colorado Avalanche. Meanwhile, a Toronto Maple Leafs player signed a $53 million deal to extend his earlier contract for another four years. When this deal comes into effect in 2022, his average league-high will be $13.25 million.

By Richard Cowan

Reuters, the uncompromising positions on the conflict have resulted in a lack of consensus, to the extent that not even a single joint statement has been reached in the approximately 20 ministerial meetings held under India's G20 presidency this year. Consequently, it falls upon the leaders to navigate these challenges and attempt to find potential solutions.