German software maker SAP beats operating profit estimates for first quarter
A logo on the SAP exhibition space at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier
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The Star
4 hours ago
- The Star
UK and India discuss 'counter-terrorism' cooperation after Pakistan ceasefire
British Foreign Secretary David Lammy reacts as he speaks during an interview with Reuters at the British High Commissioner Residence in New Delhi, India, June 7, 2025. REUTERS/Anushree Fadnavis NEW DELHI (Reuters) -Britain and India on Saturday discussed expanding their "counter-terrorism" collaboration following recent fighting between India and Pakistan, Britain's foreign minister told Reuters after meeting Indian Prime Minister Narendra Modi. British foreign minister David Lammy is the highest-profile Western official to have visited both New Delhi and Islamabad since the South Asian neighbours agreed to a ceasefire last month after their worst fighting in nearly three decades. The latest tensions began in April after the killing of 26 men in Indian Kashmir that New Delhi blamed on "terrorists" backed by Pakistan, a charge Islamabad denied. India then attacked what it called "terrorist infrastructure" in Pakistan, leading to escalation from both sides until a May 10 ceasefire. "We want the situation to be maintained, but of course we recognise fragility, particularly in the backdrop of terrorism, terrorism designed to destabilise India," Lammy said in an interview at the residence of the British High Commissioner in New Delhi. "We are keen to continue to work with our Indian partners on counter-terrorism measures." He said he discussed the next steps with both Modi and Indian Foreign Minister S. Jaishankar, but gave no specifics. Last year, India and Britain discussed combating the financing of terrorism, cooperation between law enforcement and judicial bodies and information sharing. Lammy said he also discussed boosting trade between the world's fifth and sixth largest economies. The countries concluded talks for a free trade deal early last month. "I know that Prime Minister Keir Starmer is very much looking forward to coming to India very soon to sign the free trade agreement," Lammy said. "There is so much that our two nations can continue to do together." (Reporting by Krishna N. Das in New Delhi. Editing by Mark Potter)
The Star
5 hours ago
- The Star
Milei meets Pope Leo, confirms visit to Argentina
Pope Leo XIV meets with Argentina's President Javier Milei at the Vatican, June 7, 2025. Vatican Media/Mario Tomassetti/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. BUENOS AIRES (Reuters) -Argentina's President Javier Milei held his first official audience with Pope Leo at the Vatican on Saturday where he confirmed that the pontiff will visit the South American country, according to the presidential spokesman. No further details of the planned visit were disclosed on Saturday. Milei had a tense relationship with Pope Francis, the late Argentine pope who never returned to his native country during his 12-year papacy, potentially signaling the start of a new diplomatic chapter. "The Pope confirmed to the President during our recent meeting that he will visit Argentina," Manuel Adorni, the presidential spokesperson wrote via social media. The papal visit could take place as soon as next year, according to Argentina's daily newspaper La Nación, as part of a tour that would include stops in Uruguay and Peru, where Leo, the first U.S. pope,resided for nearly 20 years. Milei, a libertarian and ally of U.S. President Donald Trump, was not present at the inauguration ceremony of the new head of the Catholic Church due to local legislative elections he was required to attend. Discussions between the two parties on Saturday were described as "cordial" and addressed issues of "common interest such as socioeconomic progress, the fight against poverty, and the commitment to social cohesion, in addition to addressing ongoing conflicts," the Vatican later said in a statement. Milei met Italian Prime Minister Giorgia Meloni on Friday in Rome as part of his visit, where an agreement between Italian energy group Eni and Argentina's state-owned energy firm YPF was signed. (Reporting by Lucila Sigal in Buenos Aires. Writing by Lucinda Elliott. Editing by Louise Heavens)
The Star
10 hours ago
- The Star
Japan trade negotiator Akazawa says he made progress in US tariff talks
The latest round of talks may be the last in-person meeting between Japanese and US officials before the upcoming Group of Seven leaders summit. - Photo: Reuters TOKYO: Japan had made some progress in a fifth round of trade talks with US officials aimed at ending tariffs that are hurting Japan's economy, Tokyo's chief tariff negotiator said. "Tariffs have already been imposed on autos, auto parts, steel and aluminum, and some of them have doubled to 50% along with 10% general tariff. These are causing daily losses to Japan's economy," Ryosei Akazawa, said in Washington on Friday (June 6) after talks with officials, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick. Akazawa declined to say what progress they had made. The latest round of talks may be the last in-person meeting between senior Japanese and US officials before the Group of Seven (G7) leaders summit that starts on June 15, where US President Donald Trump is expected to meet Japanese Prime Minister Shigeru Ishiba. Japan also faces a 24% tariff rate starting in July unless it can negotiate a deal with Washington. "We want an agreement as soon as possible. The G7 summit is on our radar, and if our leaders meet, we want to show what progress has been made," Akazawa said. "Still we must balance urgency with a need to guard our national interests," he added. Last month Japan's trade negotiator said US defence equipment purchases, shipbuilding technology collaboration, a revision of automobile import standards and an increase in agricultural imports could be bargaining chips in tariff talks. In a bid to reach an agreement with the United States, Japan is also proposing a mechanism to reduce the auto tariff rate based on how much countries contribute to the US auto industry, the Asahi newspaper reported on Friday. Akazawa said Japan's position has not changed and that the tariffs are not acceptable. - Reuters
