Trump raised the possibility of the US owning Gaza during press conference with Israeli Prime Minister Benjamin Netanyahu. REUTERS/Leah Millis
Trump's Gaza proposal
Donald Trump's jaw-dropping statement that he would like the US to take control of and redevelop the Gaza Strip might have sounded like it came from nowhere, but it was in keeping with his new administration’s expansionist ambitions.
White House Reporter Trevor Hunnicutt and Senior Correspondent Nidal al-Mughrabi share their insights on Trump's new target on today's Reuters World News podcast. Listen now.
Trade war
The US Postal Service said it would temporarily suspend parcels from China and Hong Kong, after Trump ended a trade provision this week used by retailers including Temu and Shein to ship low-value packages duty-free to the US.
Trump said he is in no hurry to speak to President Xi Jinping to try to defuse a new trade war between the world's two largest economies sparked by his 10% tariffs on all Chinese imports.
In other news
Swedish police said there was no evidence of "ideological motives" behind a mass shooting at an adult education center in Orebro, and warned of misinformation spread on social media. At least 11 people died and many others were wounded in the shooting.
Several metro stations in Brussels were closed after a shooting at the central Clemenceau station, the Belgian prosecutor's office said. No injuries were reported. The suspects fled into the metro tunnels after the shooting incident, a source said.
Residents of Colombia's troubled Catatumbo region, near the eastern border with Venezuela, are weighing whether to return home after attacks by a rebel group displaced at least 50,000 people over several weeks.
Business & Markets
Alphabet said it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, and investors signaled disappointment at a missed cloud revenue target. Today, global stocks were falling after the company's disappointing earnings knocked Wall Street futures.
Chinese companies, from chip makers to cloud service providers, are rushing to support DeepSeek's artificial intelligence models, spurring analysts to hail a "watershed moment" for the industry.
All eyes are on the French capital next week to see if Trump’s administration can find common ground with China and nearly 100 other nations on the safe development of artificial intelligence. France, eager to promote its national industry, will be hosting the AI Action Summit in Paris, alongside India.
Japan's Nissan is set to call off merger talks with rival Honda, a source said, abandoning a $60 billion plus tie-up that would have created the world's third-largest automaker. Stalling the deal ignores tariff hazards, our Breakingviews columnist writes.
Obesity drug maker Novo Nordisk forecast slower growth this year after Wegovy sales more than doubled in the final quarter of 2024, with analysts and investors describing the results as "good enough" to ease nerves about stiff competition from rival Eli Lilly.
In Pictures
Tourists and residents flee Santorini after hundreds of quakes shake Greek island. REUTERS/Alkis Konstantinidis
Hundreds of people have left Santorini on ferries and planes to reach safety in Athens as a series of quakes kept shaking the famous Greek tourist island.
Resilient New Orleans opens doors to Super Bowl after attack. Kirby Lee-Imagn Images
New Orleans flings open its doors this week to the biggest party in American sports, welcoming thousands of tourists weeks after a New Year's Day attack on the city's iconic Bourbon Street.
