US-Norway spat over wealth fund's Caterpillar exit is settling, foreign minister says

US-Norway spat over wealth fund’s Caterpillar exit is settling, foreign minister says

By John Irish and Gwladys Fouche UNITED NATIONS/OSLO (Reuters) -A spat between the United States and Norway over the Nordic country’s wealth fund’s divestment from U.S. construction equipment-maker Caterpillar appears to be coming to an end, Norwegian Foreign Minister Espen Barth Eide said. Washington and Oslo have been at odds over the decision by Norway’s…

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US accuses Chinese AI firm DeepSeek of aiding Beijing’s military and dodging chip export rules

The United States has accused Chinese artificial intelligence firm DeepSeek of aiding Beijing’s military and intelligence services, with a senior U.S. official claiming the company has also attempted to bypass export restrictions to acquire advanced American semiconductor technology. The allegations, disclosed in an interview withReuters, mark a significant escalation in Washington’s scrutiny of Chinese AI…

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US State Department tweaks online fact sheet on China

US State Department tweaks online fact sheet on China

WASHINGTON —  PRC is out. China is in. That is among the significant modifications to the U.S. State Department’s online fact sheet on China, which drops the country’s official name, the People’s Republic of China (PRC), in favor of just China. Former President Joe Biden’s administration routinely referenced the Beijing government with the PRC abbreviation….

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