PRESS DIGEST-New York Times business news - May 7

Reuters
05-07
PRESS DIGEST-New York Times business news - May 7

May 7 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- Social media giant Meta Platforms META.O said on Tuesday it has been awarded $168 million in damages from the Israeli spyware firm NSO group after the surveillance company was found liable for hacking its systems.

- U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China's economic tsar He Lifeng in Switzerland this weekend for talks that could be the first step toward resolving a trade war disrupting the global economy.

- U.S. President Donald Trump announced that the U.S. will stop bombing the Houthis in Yemen, saying that the Iran-aligned group had agreed to stop interrupting important shipping lanes in the Middle East.

- U.S. Secretary of State Marco Rubio said that five top Venezuelan opposition figures who had been sheltering at the Argentine diplomatic residence in the capital, Caracas, have left the country and are now in the United States.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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