The Los Angeles Post
U.S. World Business Lifestyle
Today: April 16, 2025
Today: April 16, 2025

Economy

Asia|Business|Economy|Political|World

Chinese official says US tariff aims to 'take away Hong Kong's life'

One of China's top officials overseeing Hong Kong affairs, Xia Baolong, said on Tuesday that the United States' tariff war was "extremely shameless" and aims to "take away Hong

Chinese official says US tariff aims to 'take away Hong Kong's life'
Australia|Business|Economy|Finance

Australian casino operator Star says first-half loss widened as woes mount

Australia's embattled casino operator Star Entertainment reported a bigger-than-expected first-half loss on Tuesday, as remediation costs continue to bite even though it

Australian casino operator Star says first-half loss widened as woes mount
Asia|Business|Economy|Finance|Stock Markets

UBS lowers forecast for China 2025 GDP growth to 3.4% on tariff hikes

UBS has downgraded its China GDP growth forecast to 3.4% for 2025, on the assumption that tariff hikes between it and the United States will remain in

UBS lowers forecast for China 2025 GDP growth to 3.4% on tariff hikes
Asia|Business|Economy

China's murky bankruptcies expose hazards for foreign investors

When a Chinese pork producer filed for bankruptcy in 2019, the news came as a jolt to Alan Hill.

China's murky bankruptcies expose hazards for foreign investors
Asia|Business|Economy|Finance|Stock Markets

Japan seeks full removal of US tariffs ahead of trade talks

Japan will seek full removal of additional tariffs imposed by U.S.

Japan seeks full removal of US tariffs ahead of trade talks
Asia|Business|Economy|Technology|US

Taiwan to simulate impact of US tariffs on semiconductor sector

Taiwan will simulate the impact of any U.S. tariffs on the semiconductor industry and seek talks with Washington on the issue, the island's economy minister said on Tuesday.

Taiwan to simulate impact of US tariffs on semiconductor sector
Americas|Business|Economy|Political|US

US Treasury's Bessent backs Argentina's economic reforms with eye on China

U.S.

US Treasury's Bessent backs Argentina's economic reforms with eye on China
Asia|Business|Economy|Political|World

China urges Vietnam to resist ‘unilateral bullying’ as Xi tries to rally region in face of Trump tariffs

China urges Vietnam to resist ‘unilateral bullying’ as Xi tries to rally region in face of Trump tariffs

China urges Vietnam to resist ‘unilateral bullying’ as Xi tries to rally region in face of Trump tariffs
Business|Economy|Finance|Political|US

Fed's Bostic: Bold moves 'in any direction' wouldn't be prudent

Atlanta Federal Reserve Bank President Raphael Bostic said on Monday the uncertainty surrounding the Trump administration's tariff and other policies has put the economy into a "big pause,

Fed's Bostic: Bold moves 'in any direction' wouldn't be prudent
Asia|Business|Economy

Bank of Korea to hold rates at 2.75% on April 17, assessing trade impact: Reuters poll

The Bank of Korea will keep its key interest rate unchanged at 2.75% on Thursday, according to a Reuters poll of economists who expect the central

Bank of Korea to hold rates at 2.75% on April 17, assessing trade impact: Reuters poll
Americas|Business|Economy|Finance

Brazil fintech Meliuz proposes expanding bitcoin reserves strategy

Brazilian fintech Meliuz said on Monday it will propose expanding its bitcoin reserves strategy, aiming to make the cryptocurrency the main strategic asset in the firm's treasury

Brazil fintech Meliuz proposes expanding bitcoin reserves strategy
Asia|Business|Economy|Technology

South Korea unveils $23 billion support package for chips amid US tariff uncertainty

South Korea announced on Tuesday an increase in its support package for the country's vital semiconductor industry to 33 trillion won ($23.25 billion), up about a quarter from a 26

South Korea unveils $23 billion support package for chips amid US tariff uncertainty
Business|Economy|Political|US

The Latest: Both the US and El Salvador refuse to return wrongly deported man to the US

President Donald Trump’s top advisers and Nayib Bukele, the president of El Salvador, said Monday that they had no basis for the small Central American nation to return Kilmar Abrego Garcia, a Maryland man who was wrongly deported there last month

The Latest: Both the US and El Salvador refuse to return wrongly deported man to the US
Business|Economy|Europe

UK shoppers raised their spending in March in face of Trump's tariff onslaught

British shoppers spent more last month even as worries about the global economy grew in the run-up to U.S.

UK shoppers raised their spending in March in face of Trump's tariff onslaught
Asia|Business|Economy|Finance|Political

South Korea proposes bigger extra budget of 12 trln won

South Korea will draw up an extra budget of 12 trillion won ($8.45 billion), the finance minister said on Tuesday, up from the previous proposal of 10 trillion won.

South Korea proposes bigger extra budget of 12 trln won
Business|Economy|Health|Political|Technology|US

US steps up probes into pharmaceutical, chip imports, setting stage for tariffs

The Trump administration is proceeding with probes into imports of pharmaceuticals and semiconductors as part of a bid to impose tariffs on both sectors on

US steps up probes into pharmaceutical, chip imports, setting stage for tariffs
Americas|Crime|Economy|Political|World

Haiti approves "war time budget" as criminal gangs wreak havoc

Haiti's transitional presidential council has approved on Monday an exceptional "war time budget" to address what it called a security and social emergency as armed gangs

Haiti approves "war time budget" as criminal gangs wreak havoc
Business|Economy|Finance|US

Judge orders Bank of America to pay $540 million in FDIC lawsuit

A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of

Judge orders Bank of America to pay $540 million in FDIC lawsuit
Americas|Business|Economy|Food|Political

Declining prices clear way for Brazil to raise biodiesel blend to 15%, industry group says

Declining vegetable oil prices are clearing the way for Brazil to increase its mandatory biodiesel blend into diesel to 15%, up from 14%, Daniel Amaral, the

Declining prices clear way for Brazil to raise biodiesel blend to 15%, industry group says
Business|Economy|US

Head of biggest US power grid, PJM, to step down

The CEO of the largest U.S. power grid, PJM Interconnection, has decided to leave his post at the end of the year, the organization said on Monday, amid rising electricity

Head of biggest US power grid, PJM, to step down
Business|Economy|Political|US

IRS employees expect to learn their layoff fate around Tax Day, their busiest time of the year

IRS employees expect to learn their layoff fate around Tax Day, their busiest time of the year

IRS employees expect to learn their layoff fate around Tax Day, their busiest time of the year
Americas|Business|Economy|Finance

Brazil central bank says 'unclogging' monetary policy channels is a challenge

Brazilian central bank executive director Rogerio Lucca said on Monday that unclogging the transmission channels of monetary policy is a potential challenge, highlighting that

Brazil central bank says 'unclogging' monetary policy channels is a challenge
Asia|Business|Economy

ADM halting domestic trading in China, cutting jobs in Shanghai

Global grain merchant Archer-Daniels-Midland has begun shutting down domestic trading operations in China and laying off staff within

ADM halting domestic trading in China, cutting jobs in Shanghai
Business|Economy|Finance|Political|US

Bessent says White House will start interviewing candidates for next Fed chair this fall

U.S.

Bessent says White House will start interviewing candidates for next Fed chair this fall
Business|Economy|Political|US

Trump administration sued over tariffs in US Court of International Trade

A legal advocacy group on Monday asked the U.S.

Trump administration sued over tariffs in US Court of International Trade
Americas|Business|Economy|Finance|Stock Markets

JBS sets tentative dates for US listing vote, share trading in NY

JBS SA, the world's largest meat-packer, appears to have moved a step closer to obtaining the necessary approvals for a primary listing of

JBS sets tentative dates for US listing vote, share trading in NY
Americas|Business|Economy|Political|US

US says most tomatoes imported from Mexico to face 21% duty from July 14

The U.S.

US says most tomatoes imported from Mexico to face 21% duty from July 14
Economy|Finance|Political|Stock Markets|US

Trading Day: Tariff relief, but how brief?

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Global rally fizzles as it reaches Wall Street 

Trading Day: Tariff relief, but how brief?
Business|Economy|Political|Stock Markets|Technology|US

Confusion reigns after Trump exempts electronics from new tariff regime. Here's what we know

Confusion over President Donald Trump's tariffs remains following a weekend of questions around trade in consumer electronics

Confusion reigns after Trump exempts electronics from new tariff regime. Here's what we know
Business|Economy|Finance|Political|Stock Markets|US

Trump considers pausing his auto tariffs as the world economy endures whiplash

President Donald Trump says he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains

Trump considers pausing his auto tariffs as the world economy endures whiplash
Economy|Environment|Political|US

Trump administration cancels $3 billion climate-friendly farming program

The U.S.

Trump administration cancels $3 billion climate-friendly farming program
Business|Economy|Political|US|World

UN trade agency urges US to exclude poor states from tariffs

The U.N. Trade and Development agency urged U.S.

UN trade agency urges US to exclude poor states from tariffs
Business|Economy|Political|US

US Treasury chief holds out hope for China tariff deal, warns duties 'not a joke'

U.S.

US Treasury chief holds out hope for China tariff deal, warns duties 'not a joke'
Business|Economy|Finance|US

Home improvement retailer Lowe's to buy Artisan Design for $1.33 billion

U.S. home improvement retailer Lowe's Cos said on Monday it has agreed to buy Artisan Design Group for $1.33 billion from private equity firm Sterling Group.

Home improvement retailer Lowe's to buy Artisan Design for $1.33 billion
Economy|Political|US

Exhausted government workers decide to take Trump's second buyout offer

Nick Gioia was terminated from the U.S.

Exhausted government workers decide to take Trump's second buyout offer
Business|Economy|Political|US

Small businesses sue Trump administration over authority to impose tariffs

Small businesses sue Trump administration over authority to impose tariffs

Small businesses sue Trump administration over authority to impose tariffs
Economy|Finance|Political|US

Getting the IRS on the phone is more difficult this tax filing season, experts say

Taxpayers calling the IRS for help processing their taxes this filing season may find it harder than normal to get someone on the phone

Getting the IRS on the phone is more difficult this tax filing season, experts say
Business|Economy|Finance|Stock Markets|Technology|US

US stocks get boost from tariff exemptions but trade war confusion persists

US stocks get boost from tariff exemptions but trade war confusion persists

US stocks get boost from tariff exemptions but trade war confusion persists
Asia|Business|Economy|Political|Stock Markets|Technology|US

Stocks rally worldwide after Trump eases some of his tariffs on electronics, for now

Stocks rallied worldwide after President Donald Trump relaxed some of his tariffs and as stress from within the U.S. bond market seemed to ease

Stocks rally worldwide after Trump eases some of his tariffs on electronics, for now
Africa|Economy|Europe|Political|US|World

Trump administration wants to halve State Dept budget, slash foreign aid 75%

U.S.

Trump administration wants to halve State Dept budget, slash foreign aid 75%
Business|Economy|Finance|Stock Markets|US

S&P 500's 'death cross' may not be as ominous as it sounds, analysts say

A tariff-induced selloff in the U.S. stock market faces another worry, the "death cross" pattern, but history shows the ominous sounding

S&P 500's 'death cross' may not be as ominous as it sounds, analysts say
Business|Economy|Europe|Finance

Atlas Holdings bids for BoE currency printer De La Rue at 130 pence per share, Sky News reports

U.S.-based buyout firm Atlas Holdings is in advanced talks to take over Banknote printer De La Rue for about 130 pence per share, Sky News reported on Monday.

Atlas Holdings bids for BoE currency printer De La Rue at 130 pence per share, Sky News reports
Business|Economy|Finance|Stock Markets|US

BlackRock boosts outlook for US stocks after tariffs pause

The BlackRock Investment Institute said on Monday that it is taking a modestly more bullish stance on U.S. stocks following the announcement of a 90-day pause in

BlackRock boosts outlook for US stocks after tariffs pause
Business|Economy|Finance|Stock Markets|US

Wall Street ends higher with Apple shares as investors assess tariff exemptions

U.S. stocks ended higher on Monday, with Apple giving the S&P 500 its biggest boost as the White House exempted smartphones and computers from new tariffs.

Wall Street ends higher with Apple shares as investors assess tariff exemptions
Business|Economy|Finance|Stock Markets

JP Morgan cuts oil price forecasts on weak demand, higher output

JP Morgan on Monday lowered its oil price forecasts for 2025 and next year, citing higher production from OPEC+ and weaker demand.

JP Morgan cuts oil price forecasts on weak demand, higher output
Business|Economy|Europe|Political|US

EU trade chief seeks joint effort with U.S. on fair tariff deal

The European Union is seeking a fair deal on tariffs with the United States, European Trade Commissioner Maros Sefcovic said on Monday, adding that this would require a "

EU trade chief seeks joint effort with U.S. on fair tariff deal
Asia|Business|Economy|MidEast|Political

Oil rises marginally on tariff exemption, Chinese crude imports

Oil prices settled slightly higher on Monday on exemptions for some electronics from U.S. tariffs and data showing a sharp rebound in China's crude imports in

Oil rises marginally on tariff exemption, Chinese crude imports
Business|Economy|Finance|Stock Markets|US

Systematica fund down 19% following market rout

A listed version of Systematica Investments' flagship hedge fund is down roughly 19% this year, as some trend-following strategies have struggled to navigate the market turmoil

Systematica fund down 19% following market rout
Business|Economy|Finance|Stock Markets|US

Gold takes a breather after record run as risk sentiment improves

Gold prices dipped on Monday, retreating from a record high hit earlier in the day, as risk appetite improved after the White House exempted smartphones and computers from

Gold takes a breather after record run as risk sentiment improves
Economy|Health|Political|US

California OKs $2.8B to close Medicaid funding gap after expanding immigrant coverage

California Gov. Gavin Newsom has signed legislation to provide $2.8 billion to close the budget hole in the state's Medicaid program

California OKs $2.8B to close Medicaid funding gap after expanding immigrant coverage
Business|Economy|Finance|Political|US

Waller: Tariffs a major shock, with wide array of possible outcomes

The Trump administration's tariff policies are a major shock to the U.S. economy that could lead the Federal Reserve to cut interest rates to head off

Waller: Tariffs a major shock, with wide array of possible outcomes
Americas|Business|Crime|Economy|Election|Political

Support dwindles for leftist's call for Ecuador election recount

Support for Ecuadorean leftist Luisa Gonzalez's call for a recount in the country's presidential election was dwindling on Monday, as a growing number of

Support dwindles for leftist's call for Ecuador election recount
Asia|Business|Economy|Political|World

China, Vietnam sign deals as Xi visits Hanoi amid US tariff tensions

China's President Xi Jinping called on Monday for stronger ties with Vietnam on trade and supply chains amid disruptions caused by

China, Vietnam sign deals as Xi visits Hanoi amid US tariff tensions
Americas|Business|Economy|Finance|Political|Stock Markets

Argentina peso tumbles as Wall St cheers FX controls easing, IMF deal

Argentina's peso slid 10% on Monday to near 1,200 per dollar after the country undid large parts of its currency and capital

Argentina peso tumbles as Wall St cheers FX controls easing, IMF deal
Americas|Business|Economy|Food|World

Argentina farmers focus on harvest over sales despite currency boost

Argentina's grain industry welcomed an exchange-rate overhaul on Monday, though the new measures will likely not translate into immediate sales as the harvest remains behind

Argentina farmers focus on harvest over sales despite currency boost
Business|Economy|US

Drop in job-finding rate, rise in time out of work could signal recession ahead, SF Fed paper says

Behind the gradual and relatively small rise in the U.S. unemployment rate in recent years are a couple of less-closely followed labor market indicators that are flashing yellow for

Drop in job-finding rate, rise in time out of work could signal recession ahead, SF Fed paper says
Asia|Business|Economy|Political|US|World

China's Xi Jinping says there are no winners in a tariff war as he visits Southeast Asia

China’s leader Xi Jinping says no one wins in a trade war as he kicked off a diplomatic tour of Southeast Asia with a trip to Vietnam

China's Xi Jinping says there are no winners in a tariff war as he visits Southeast Asia
Asia|Australia|Business|Economy|Finance|Political|Stock Markets

US stocks, Treasuries rebound but dollar dips amid tariff uncertainty

U.S. shares gained on Monday, while the dollar dipped, after the White House exempted smartphones and computers from U.S. tariffs but

US stocks, Treasuries rebound but dollar dips amid tariff uncertainty
Business|Economy|Political|Technology|US

Nvidia plans to manufacture AI chips in the US for the first time

Nvidia announced Monday that it will produce its artificial intelligence super computers in the United States for the first time

Nvidia plans to manufacture AI chips in the US for the first time
Business|Economy|Europe|Political|World

EU plan to end Russian oil and gas imports due out in May

The European Commission will announce a more detailed strategy to phase out Russian oil and gas imports next month, it said on Monday, after twice delaying the plan

EU plan to end Russian oil and gas imports due out in May
Americas|Business|Economy|Finance|Political

Mexico's finance minister to ask banks to lower interest rates, president says

Mexican President Claudia Sheinbaum said on Monday that she had instructed Finance Minister Edgar Amador to speak with banks so they can lower interest rates for both

Mexico's finance minister to ask banks to lower interest rates, president says
Business|Economy|Finance|Stock Markets|Technology|US

Intel to sell majority stake in Altera for $4.46 billion to fund revival effort

Intel has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion, in the first major move by new CEO Lip-Bu Tan

Intel to sell majority stake in Altera for $4.46 billion to fund revival effort
Economy|Finance|Political|Stock Markets|US

Yellen says Trump policies eroding trust in US, dollar assets

Former U.S.

Yellen says Trump policies eroding trust in US, dollar assets
Americas|Business|Economy|Finance|Political

Brazil hikes income tax exemption to reflect higher minimum wage

Brazil's government raised the individual income tax exemption threshold to the equivalent of two minimum wages, updating a benefit that was in place last year to reflect this

Brazil hikes income tax exemption to reflect higher minimum wage
Business|Economy|Europe|Fashion and Beauty

LVMH misses sales forecast as core business slumps in first quarter

LVMH's first-quarter revenue undershot expectations, as shoppers in the United States pulled back on beauty products and drinks while sales in China

LVMH misses sales forecast as core business slumps in first quarter
Business|Economy|Political|Technology|US

Expert predicts how much an iPhone would cost if it was made in the US

Dan Ives, Global Head of Technology Research at Wedbush Securities, explains how President Donald Trump's tariffs on Chinese goods imported into the US will affect Apple.

Expert predicts how much an iPhone would cost if it was made in the US
Business|Economy|Technology|US

Nvidia to produce AI servers worth up to $500 billion in US over four years

Nvidia said it is planning to build AI servers worth as much as $500 billion in the U.S. over the next four years with help from partners such as TSMC,

Nvidia to produce AI servers worth up to $500 billion in US over four years
Asia|Business|Economy|Finance

Chinese gold ETFs April inflows surpass first quarter total, WGC says

Investment flows into Chinese physically backed gold exchange-traded funds so far this month have exceeded those for the whole of the first quarter and overtaken inflows registered

Chinese gold ETFs April inflows surpass first quarter total, WGC says
Africa|Economy|Food|World

Ivory Coast cocoa farmers warn of mid-crop supply shortages due to dry weather

Cocoa farmers in the world's top-producing country Ivory Coast warn insufficient rainfall could hurt both the quality and size of the April-to-September mid-crop.

Ivory Coast cocoa farmers warn of mid-crop supply shortages due to dry weather
Economy|Finance|Political|US

NY Fed: March near term inflation expects jump amid souring sentiment levels

By Michael S.

NY Fed: March near term inflation expects jump amid souring sentiment levels
Americas|Business|Economy|Finance|Stock Markets

Carrefour Brasil posts 3.6% increase in gross sales

Carrefour Brasil's gross sales in the first quarter including fuel totaled 28.8 billion reais ($4.93 billion), a 3.6% increase from a year earlier, the retailer said in a

Carrefour Brasil posts 3.6% increase in gross sales
Business|Economy|Political|US

Fear of unemployment jumps to highest level since the pandemic

Fear of unemployment jumps to highest level since the pandemic

Fear of unemployment jumps to highest level since the pandemic
Economy|Finance|MidEast|Political|World

Saudi Arabia plans to pay off Syria's World Bank debts, sources say

Saudi Arabia plans to pay off Syria's debts to the World Bank, three people familiar with the matter said, paving the way

Saudi Arabia plans to pay off Syria's World Bank debts, sources say
Americas|Business|Economy|Political

Brazil economy set to decelerate in second half of 2025 on high interest rates, trade worries: Reuters Poll

Brazil's economic growth is expected to slow down in the second half of 2025, encumbered by high interest rates and worries about the U.S.-led global trade shake-up, a

Brazil economy set to decelerate in second half of 2025 on high interest rates, trade worries: Reuters Poll
Business|Economy|Finance|Stock Markets|US

Goldman Sachs profit beats estimates as traders ride volatile markets

Goldman Sachs beat first-quarter profit estimates as its traders capitalized on volatile markets to bring in record equities revenue, but the

Goldman Sachs profit beats estimates as traders ride volatile markets
Asia|Economy|Finance|Stock Markets|US

Dollar struggles near three-year low against euro

The dollar was flat against the euro on Monday after a bruising week last week sent it to a three-year low against the single currency and left it oversold by

Dollar struggles near three-year low against euro
Business|Economy|Finance|Political|Stock Markets

TSX moves to 11-day high as financials contribute to broad-based gains

Canada's main stock index rose on Monday to an 11-day high, with financial and real estate shares leading broad-based gains as investors grew doubtful that hefty U.S.

TSX moves to 11-day high as financials contribute to broad-based gains
Business|Economy|Finance|Political|Stock Markets|US

Goldman Sachs cuts aluminium price forecast on weaker growth outlook

Goldman Sachs on Monday reduced its forecast for aluminium prices this year after its economists downgraded global growth forecasts including for the U.S. and China following the Trump

Goldman Sachs cuts aluminium price forecast on weaker growth outlook
Business|Economy|Finance|Stock Markets|Technology|US

Intel sells majority stake in Altera to Silver Lake investors in a deal valued at $8.75 billion

Intel announced Monday that it was selling the majority of its Altera chip business to technology investor Silver Lake in a deal valued at $8.75 billion

Intel sells majority stake in Altera to Silver Lake investors in a deal valued at $8.75 billion
Economy|Europe|Political

French opposition parties raise spectre of no-confidence vote over 2026 budget

French opposition parties on Monday threatened to topple Prime Minister Francois Bayrou's government with a no-confidence motion after his finance

French opposition parties raise spectre of no-confidence vote over 2026 budget
Business|Economy|Finance|Stock Markets|Technology|US

Wells Fargo says tech banking team grew by 20% over past year

Wells Fargo said on Monday its technology banking unit increased its headcount by 20% over the past year on the back of growth in the U.S tech sector, with additional hires in the pipeline

Wells Fargo says tech banking team grew by 20% over past year
Business|Economy|Technology|World

Apple takes top spot for first-quarter smartphone sales, data shows

Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch and strong demand in countries such as Japan and India,

Apple takes top spot for first-quarter smartphone sales, data shows
Asia|Business|Economy|US|World

What are the thorny farm issues in India-US trade negotiations?

India and the United States have finalised the terms of reference for the first phase of a bilateral trade agreement to be concluded late this year, with a view to reaching bilateral trade

What are the thorny farm issues in India-US trade negotiations?
Business|Economy|Technology|World

As legacy of Ford fades in Brazil, China's BYD looks to extend global lead in EV sales

Chinese giant automaking company BYD bought Ford Motor Co.'s former facilities in Brazil and has promised to run the company’s largest plant outside China in the hardscrabble city of Camacari in northeastern Bahia state

As legacy of Ford fades in Brazil, China's BYD looks to extend global lead in EV sales
Business|Economy|Finance|Stock Markets|US

401(k) plans and stock market volatility: What you need to know

Market swings may be rattling retirement accounts, but panic isn’t the answer. Here’s what to know about how 401(k) accounts work – and when to worry.

401(k) plans and stock market volatility: What you need to know
Economy|Political|US

Social Security’s trust fund could run out of money sooner than expected due to changes in taxes and benefits

Steps taken to reform Social Security during the Biden and Trump administrations have only made the prospects for a funding crisis more serious.

Social Security’s trust fund could run out of money sooner than expected due to changes in taxes and benefits
Business|Economy|Environment|Political|Technology

Utilities choosing coal, solar, nuclear or other power sources have a lot to consider, beyond just cost

To really compare different electricity sources, you also have to look at the roles they play in keeping the lights on and their drawbacks.

Utilities choosing coal, solar, nuclear or other power sources have a lot to consider, beyond just cost
Business|Economy|Finance|Political|US

Billionaire Ray Dalio is worried Trump’s tariff war could spark ‘something worse’ than a recession

Billionaire Ray Dalio is worried Trump’s tariff war could spark ‘something worse’ than a recession

Billionaire Ray Dalio is worried Trump’s tariff war could spark ‘something worse’ than a recession
Business|Economy|Europe|Political

As economy stalls, Germany struggles to get consumers spending

With global trade deeply uncertain and a tariff war causing havoc on financial markets, Germany's next government is hoping to unleash domestic consumption to

As economy stalls, Germany struggles to get consumers spending
Americas|Business|Economy|Europe|US

NextDecade strikes LNG supply deal with TotalEnergies for 1.5 million tonnes annually

U.S. liquefied natural gas (LNG) producer NextDecade said on Monday it has signed a 20-year deal to supply France's TotalEnergies with 1.5 million tonnes per annum (

NextDecade strikes LNG supply deal with TotalEnergies for 1.5 million tonnes annually
Business|Economy|Finance|World

OPEC cuts global oil demand growth forecasts, citing US tariffs

OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data

OPEC cuts global oil demand growth forecasts, citing US tariffs
Business|Economy|Political|US|World

China urges US to follow international law on reported deep-sea metals stockpile plan

No country should bypass international laws to authorise resource exploration in the seabed, China's foreign ministry said on Monday, following a report of U.S. plans to stockpile

China urges US to follow international law on reported deep-sea metals stockpile plan
Business|Economy|Finance|Political|Travel|US

Companies withdraw guidance amid Trump's tariffs

The sweeping tariffs imposed by U.S.

Companies withdraw guidance amid Trump's tariffs
Africa|Business|Economy|MidEast|Political

Qatar and Egypt agree to work towards package of $7.5 billion in direct Qatari investment

Qatar and Egypt agreed to work towards a package of $7.5 billion in direct Qatari investments, according to a joint statement released by the Egyptian president's office on Monday.

Qatar and Egypt agree to work towards package of $7.5 billion in direct Qatari investment
Asia|Business|Economy|Stock Markets|Technology

Chinese battery maker CATL's Q1 profit grows at fastest pace in nearly 2 years

Chinese electric vehicle battery giant CATL's first-quarter net profit grew at its fastest pace in nearly two years, while a rise in revenue ended five straight quarters of decline.

Chinese battery maker CATL's Q1 profit grows at fastest pace in nearly 2 years
Business|Economy|Europe|Political|World

China warns UK government to treat Chinese owners of British Steel fairly

China has warned the U.K. government to treat the Chinese owners of British Steel fairly or risk undermining investor confidence in the country after British authorities took control of the company

China warns UK government to treat Chinese owners of British Steel fairly
Americas|Business|Economy|Finance|Political

What do we know about Argentina's IMF deal and FX policy?

Argentina has sealed a $20 billion extended fund facility (EFF) with the International Monetary Fund and dismantled large parts of its currency controls as

What do we know about Argentina's IMF deal and FX policy?
Economy|Finance|Opinion|Political|Stock Markets|US

Easter rising? Markets seek solace

(The opinions expressed here are those of the author, a columnist for Reuters.)

Easter rising? Markets seek solace
Economy|Food|Health|Political|World

Dissident pushes for change in Cuba, one ladle at a time

Jose Daniel Ferrer stepped onto his front porch in Santiago de Cuba on a recent morning, shaking hands and asking after people's health as he

Dissident pushes for change in Cuba, one ladle at a time
Business|Economy|Finance|Stock Markets|Technology|US

Top US power sector CEOs pull down $115 million in performance pay

CEOs of the 10 largest U.S. utilities earned more than $115 million combined in a recent three-year period as demand for electricity from their power plants jumped

Top US power sector CEOs pull down $115 million in performance pay
Business|Economy|Finance|Political|US

Most CEOs were doubting their boards even before Trump's tariff turmoil, survey finds

Even before U.S.

Most CEOs were doubting their boards even before Trump's tariff turmoil, survey finds
Business|Economy|Europe|Health|Political|Science|Stock Markets|Technology|US

Trump health policy uncertainty sends biotech sector into deeper slump

Trump administration cuts across federal health agencies have sent shivers through a biotech industry already struggling through a prolonged downturn

Trump health policy uncertainty sends biotech sector into deeper slump
Americas|Business|Economy|Finance|Political|Stock Markets

Bank of Canada is more likely to halt interest rate cuts after tariff pause

The Bank of Canada is likely to pause its rate-cutting cycle this week as rising inflation, weakened employment and U.S.

Bank of Canada is more likely to halt interest rate cuts after tariff pause
Business|Economy|Europe|Finance

MPS chief puts revamp of world's oldest bank to market test with Mediobanca bid

When a group of Harvard Business School students visited Italy's Monte dei Paschi di Siena in January, they gathered notes to build a case study on how to turn around

MPS chief puts revamp of world's oldest bank to market test with Mediobanca bid
Business|Economy|US

BP makes oil discovery off US Gulf coast

By Sheila Dang -BP has made an oil discovery at the Far South field in the U.S.

BP makes oil discovery off US Gulf coast
Asia|Business|Economy|Finance

Japanese government bonds 'within range' as investment target, says Norinchukin's new head

Japanese government bonds (JGBs) are now a natural investment target over the medium and long term for Norinchukin Bank as the return of

Japanese government bonds 'within range' as investment target, says Norinchukin's new head
Asia|Business|Economy|Political|World

China, Vietnam sign agreements on supply chains, railway cooperation

China and Vietnam signed dozens of cooperation deals on Monday, including on production and supply chains as well as railway cooperation, as Chinese President Xi Jinping visited the

China, Vietnam sign agreements on supply chains, railway cooperation
Business|Economy|Finance|Political|Stock Markets|US

Trade tensions can lead to stock market crashes, IMF says

Major geopolitical risk events, including trade tensions, can trigger large corrections in stock prices, the International Monetary Fund said in a report on

Trade tensions can lead to stock market crashes, IMF says
Australia|Business|Economy|Europe|Technology

Sony hikes PlayStation 5 console prices for Europe, UK and Australia citing economic turmoil

Sony says it will raise prices starting Monday for some PlayStation 5 video game consoles in Europe, Australia and New Zealand, citing global economic turmoil

Sony hikes PlayStation 5 console prices for Europe, UK and Australia citing economic turmoil
Business|Economy|Environment|Finance|US

Have you experienced a disaster? You have more time to file your taxes

If your life has been upended by a wildfire, hurricane, flood, tornado, or another disaster this past year, the IRS recognizes you may need more time to file your taxes and grants you an automatic extension

Have you experienced a disaster? You have more time to file your taxes
Americas|Business|Economy|Finance|Political

Reuters poll: Rising Canada recession risk to trigger at least two more rate cuts this year 

Growing recession risks to Canada from the U.S.-led trade war will push the Bank of Canada to cut interest rates at least twice more this year, although a

Reuters poll: Rising Canada recession risk to trigger at least two more rate cuts this year 
Asia|Business|Economy

South Korea, Vietnam agree to boost economic ties amid looming US tariffs

South Korea and Vietnam agreed on Monday to expand economic cooperation after a ministerial meeting on Monday, at a time when the two countries are racing to mitigate

South Korea, Vietnam agree to boost economic ties amid looming US tariffs
Asia|Business|Economy|Entertainment|Europe|Technology

Sony hikes PlayStation 5 price by 11% in Europe

Sony said it will hike the price of its PlayStation 5 (PS5) console in markets in Europe, Britain, Australia and New Zealand, citing high inflation and fluctuating exchange rates.

Sony hikes PlayStation 5 price by 11% in Europe
Africa|Business|Economy|Finance|Political|Stock Markets|US

South Africa's rand gains on report ANC may scrap VAT hike

The South African rand firmed on Monday, boosted by a news report that the country's biggest political party may back down on a plan to raise value-added tax (VAT) and dollar

South Africa's rand gains on report ANC may scrap VAT hike
Business|Economy|Political|US

Trump says free trade killed American auto jobs. That’s not the whole story

Trump says free trade killed American auto jobs. That’s not the whole story

Trump says free trade killed American auto jobs. That’s not the whole story
Asia|Business|Economy

Lower Thai inflation reflects energy and policy measures, ministry says

Thailand's lower-than-expected March inflation rate was mainly due to lower energy prices and government policies to alleviate cost of living pressures, the commerce ministry said

Lower Thai inflation reflects energy and policy measures, ministry says
Americas|Business|Economy|Finance|Stock Markets

Argentina's peso: where's the currency headed after FX regime overhaul?

The question on every trader's lips in Argentina: How much will the peso be worth on Monday morning?

Argentina's peso: where's the currency headed after FX regime overhaul?
Africa|Business|Economy|Political

South African businesses on edge as VAT hike looms

For South African beverage company owner, Ndumiso Madlala, the impending value-added tax hike could spell trouble for his small-scale

South African businesses on edge as VAT hike looms
Business|Economy|Europe|Political|US

Ministry warns German exposure to tariff uncertainty 'exceptionally high'

German exports and industrial production are both in line for considerable headwinds as a result of U.S.

Ministry warns German exposure to tariff uncertainty 'exceptionally high'
Asia|Business|Economy|Political|US

Philippines, preparing for U.S talks, says less vulnerable to trade shocks

A Philippine delegation will travel to the United States next month to discuss threatened tariffs on Filipino exports, while a minister said the country's smaller trade sector makes

Philippines, preparing for U.S talks, says less vulnerable to trade shocks
Business|Economy|Europe|Finance|Stock Markets

Goldman Sachs cuts Europe's STOXX 600 forecast for second time this month

Goldman Sachs cut its 12-month forecast for Europe's STOXX 600 index for the second time this month and said it "anticipated more downgrades," cautioning that U.S. tariffs and a stronger

Goldman Sachs cuts Europe's STOXX 600 forecast for second time this month
Business|Economy|Europe|Finance|Political|Stock Markets|Technology|US

European shares rise as Trump eases tariffs on electronics from China

European shares closed higher in broad-based gains on Monday, as risk sentiment swelled after U.S.

European shares rise as Trump eases tariffs on electronics from China
Business|Economy|Lifestyle|US

They tried to sell their homes without a real estate agent. Here’s how it went

They tried to sell their homes without a real estate agent. Here’s how it went

They tried to sell their homes without a real estate agent. Here’s how it went
Business|Economy|Finance|MidEast|US

KKR names David Petraeus as chair of Mideast business, sets up regional investment team

U.S. private equity firm KKR on Monday said it had appointed David Petraeus as the chairman of its Middle East business, and has set up an investment team in the region

KKR names David Petraeus as chair of Mideast business, sets up regional investment team
Asia|Business|Economy|Political|US

First phase of US tariff talks 'smooth', Taiwan president says

Taiwan's first phase of tariff talks with the United States went "smoothly" and the government hopes to take this challenge as an opportunity to promote a new Taiwan-plus-the-United

First phase of US tariff talks 'smooth', Taiwan president says
Economy|Finance|Political|Stock Markets|US

Citigroup downgrades US equities, cuts S&P 500 target below 6000 on tariff concerns

Citigroup downgraded its stance on U.S. equities and slashed its S&P 500 index target for this year as it expects tariff uncertainty to hurt corporate America's earnings.

Citigroup downgrades US equities, cuts S&P 500 target below 6000 on tariff concerns
Asia|Business|Economy|Political|US|World

South Korea sees Trump starting tariff talks with Seoul, Japan and India, Yonhap says

South Korea's acting President Han Duck-soo said on Monday U.S.

South Korea sees Trump starting tariff talks with Seoul, Japan and India, Yonhap says
Asia|Business|Economy|Political|World

Thailand says to discuss tariffs with United States on April 21

Thailand's finance and commerce ministers will lead a delegation to the United States to meet Trump administration officials and push for relief from planned heavy tariffs, a

Thailand says to discuss tariffs with United States on April 21
Business|Economy|Finance|Stock Markets|World

ANZ raises year-end gold forecast to $3,600 per ounce

ANZ raised its year-end gold price forecast to $3,600 per ounce and its six-month forecast to $3,500 from $3,200 earlier, the bank said in a note on Wednesday.

ANZ raises year-end gold forecast to $3,600 per ounce
Business|Economy|Health|US

Sandoz files U.S. antitrust lawsuit against Amgen over arthritis drug

Swiss generic drug manufacturer Sandoz said on Monday it had filed an antitrust lawsuit in the United States against Amgen over the alleged entrenchment of the market

Sandoz files U.S. antitrust lawsuit against Amgen over arthritis drug
Asia|Business|Economy|Political

Indonesia to offer to increase U.S. imports to help trade talks, official says

Senior Indonesian ministers will travel to Washington to present their U.S. counterparts with offers of significantly increased U.S. imports and investment proposals as part of

Indonesia to offer to increase U.S. imports to help trade talks, official says
Asia|Business|Economy|Stock Markets|Technology|US

Japan's Nikkei rises as iPhone-related stocks jump

Japan's Nikkei share average ended higher on Monday, as iPhone-related shares jumped after the United States excluded smartphones and other electronics from steep tariffs.

Japan's Nikkei rises as iPhone-related stocks jump
Asia|Business|Economy|Political|World

China's exports jump 12.4% in March as bigger US tariff hikes loom

China's exports jumped 12.4% in March from a year earlier in a last minute flurry of activity as companies rushed to beat President Donald Trump's hefty increases in U.S. tariffs

China's exports jump 12.4% in March as bigger US tariff hikes loom
Asia|Business|Economy|Europe|Finance|Stock Markets

Italian tycoon emerges as lead investor for CK Hutchison ports, Bloomberg News reports

Italian billionaire Gianluigi Aponte's family-run business is emerging as the lead investor of a group seeking to buy 43 ports from conglomerate CK Hutchison, Bloomberg News reported on

Italian tycoon emerges as lead investor for CK Hutchison ports, Bloomberg News reports
Business|Economy|Europe|Political|World

Back to Russian gas? Trump-wary EU has energy security dilemma

More than three years after Russia's invasion of Ukraine, Europe's energy security is fragile.

Back to Russian gas? Trump-wary EU has energy security dilemma
Americas|Asia|Business|Economy|MidEast|Travel|World

Air ‘traffic is back’: These are the world’s 10 busiest airports

Air ‘traffic is back’: These are the world’s 10 busiest airports

Air ‘traffic is back’: These are the world’s 10 busiest airports
Asia|Business|Economy|Political|US

Japan says no plan for big concessions in talks on US tariffs

Japanese Prime Minister Shigeru Ishiba said on Monday his country does not plan to make big concessions and won't rush to reach a deal in upcoming

Japan says no plan for big concessions in talks on US tariffs
Asia|Business|Economy

Instant View: China's March imports of soybeans, iron ore drop; crude oil rises

China's imports of crude oil rose in March from a year earlier, while those of soybeans, coal, iron ore and unwrought copper dropped, customs data showed on Monday.

Instant View: China's March imports of soybeans, iron ore drop; crude oil rises
Business|Economy|Finance|Stock Markets|US

Goldman Sachs raises end-2025 gold price forecast to $3,700/oz

Goldman Sachs raised its end-2025 gold price forecast to $3,700 per ounce from $3,300, with a projected range of $3,650-$3,950, citing stronger-than-expected demand from central banks and

Goldman Sachs raises end-2025 gold price forecast to $3,700/oz
Americas|Business|Economy|Europe|Finance|Stock Markets

Holcim spin-off of North American business planned for June

The planned spin-off of Holcim's North American business should take place in June, subject to the approval of shareholders at its May 14 annual general meeting, the Swiss building

Holcim spin-off of North American business planned for June
Economy|Europe|Finance|Political|Stock Markets|US

Doing the tariff two-step

A look at the day ahead in European and global markets from Wayne Cole So the "reciprocal" tariffs are off smartphones and some electronics, but maybe only for a while as they could get

Doing the tariff two-step
Asia|Business|Economy|Finance|Political|US|World

China's March exports jump in temporary boost as Trump 2.0 heaps pressure

China's exports rose sharply in March after factories rushed out shipments before the latest U.S. tariffs took effect, but an escalating Sino-U.S. trade

China's March exports jump in temporary boost as Trump 2.0 heaps pressure
Business|Economy|Political|US

Trump doubles down on keeping US Steel control in US hands

U.S. President Donald Trump on Sunday said he doesn't think a foreign company should control U.S.

Trump doubles down on keeping US Steel control in US hands
Asia|Business|Economy|Political|Technology

TSMC first-quarter profit likely soared but Trump policies cloud outlook

TSMC, the main global producer of advanced chips used in artificial intelligence applications, is set to report a 54% leap in first-quarter profit

TSMC first-quarter profit likely soared but Trump policies cloud outlook
Asia|Business|Economy|Stock Markets|Technology

Asian tech stocks bounce back after Trump tariff exemptions

Shares in Asian tech companies that are major suppliers to companies like Apple rose on Monday after the U.S. government granted temporary exclusions from steep tariffs on

Asian tech stocks bounce back after Trump tariff exemptions
Business|Economy|Political|US|World

How China went from courting Trump to ‘never yield’ tariff defiance

China has put civilian government officials in Beijing on “wartime footing” and ordered a diplomatic charm offensive aimed at encouraging other countries to push back

How China went from courting Trump to ‘never yield’ tariff defiance
Asia|Business|Economy|Technology|World

Tariff uncertainty engulfs annual trade show in Hong Kong

Tariff uncertainty engulfs annual trade show in Hong Kong

Tariff uncertainty engulfs annual trade show in Hong Kong
Australia|Business|Economy

Bally's swooped for Star after Australian casino group's fire sale, chairman says

Bally's Corp considered waiting for Star Entertainment to enter voluntary administration before investing but feared the Australian casino group would have been too

Bally's swooped for Star after Australian casino group's fire sale, chairman says
Economy|Political|Technology|US

Trump says will announce semiconductor tariffs over next week

U.S.

Trump says will announce semiconductor tariffs over next week
Americas|Crime|Economy|Election|Political

Noboa says no doubt about his victory in Ecuador vote as rival demands recount

Ecuador's national electoral council on Sunday declared President Daniel Noboa the winner of the country's presidential race, after he held a steady

Noboa says no doubt about his victory in Ecuador vote as rival demands recount
Asia|Business|Economy|Finance|Political|US

BOJ Ueda warns of heightened uncertainty from US tariff policy

Bank of Japan Governor Kazuo Ueda said on Monday global and domestic economic uncertainty has increased sharply due to U.S. tariff policy.

BOJ Ueda warns of heightened uncertainty from US tariff policy
Business|Economy|Europe|Finance

CVC explores bid for US private lender Golub Capital, FT reports

(This April 11 story has been corrected to say that Golub was founded in 1994, not 1991 in paragraph 3, to remove an unrelated stock symbol in paragraph 1 and to drop paragraph 4 to remove

CVC explores bid for US private lender Golub Capital, FT reports
Business|Economy|Finance|Stock Markets|World

Goldman Sachs expects oil prices to decline through 2026

Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of a recession and higher supply from the OPEC+ group.

Goldman Sachs expects oil prices to decline through 2026
Americas|Business|Economy|Food|Political|World

Indian shrimp industry sails in troubled waters after Trump tariffs

Turbulence unleashed by President Donald Trump's tariffs could rock global shipments

Indian shrimp industry sails in troubled waters after Trump tariffs
Asia|Business|Economy|Political|World

China's Xi urges greater cooperation with Vietnam as trade tensions with US flare

Chinese President Xi Jinping called for stronger industrial and supply chain cooperation with Vietnam and wider collaboration in emerging fields, the Chinese foreign

China's Xi urges greater cooperation with Vietnam as trade tensions with US flare
Business|Economy|Europe|Finance

UK companies focused on cashflow and cost-cutting ahead of Trump tariffs, Deloitte says

Britain's biggest companies adopted their most defensive stance since early 2020 in the run-up U.S.

UK companies focused on cashflow and cost-cutting ahead of Trump tariffs, Deloitte says
Business|Economy|Europe|Finance

UK property asking prices up 1.3% on year, Rightmove says

Asking prices for housing on sale in Britain this month are 1.3% higher than a year earlier, despite the end of a tax break, pushing the average price above a

UK property asking prices up 1.3% on year, Rightmove says
Asia|Business|Economy|Finance|Stock Markets

Chinese exchanges restrict daily stock sales as trade war with US escalates, sources say

(Repeats story issued on April 11 with no changes to text.)

Chinese exchanges restrict daily stock sales as trade war with US escalates, sources say
Business|Economy|Political|Technology|US

Tariffs on imported semiconductor chips coming soon, Trump says

U.S.

Tariffs on imported semiconductor chips coming soon, Trump says
Business|Economy|Political|Stock Markets|Technology|US

US stock futures rise amid temporary tariff exemptions for tech products

US stock futures rise amid temporary tariff exemptions for tech products

US stock futures rise amid temporary tariff exemptions for tech products
Business|Economy|Political|Technology|US

Trump's commerce secretary says new electronics tariff exemptions are temporary, chip tariffs coming

U.S. Commerce Secretary Howard Lutnick says tariff exemptions announced Friday on electronics like smartphones and laptops are only a temporary reprieve until the Trump administration develops a new tariff approach specific to the semiconductor industry, The Trump administration had said late Friday it will exclude electronics like smartphones and laptops from reciprocal tariffs, a move that could help keep the prices down for popular consumer electronics that aren’t usually made in the U.S....

Trump's commerce secretary says new electronics tariff exemptions are temporary, chip tariffs coming
Business|Economy|Finance|Political|Stock Markets|Technology|US

Trump official says tariff exemptions on tech are temporary. Elizabeth Warren calls trade war ‘red light, green light’ game

Trump official says tariff exemptions on tech are temporary. Elizabeth Warren calls trade war ‘red light, green light’ game

Trump official says tariff exemptions on tech are temporary. Elizabeth Warren calls trade war ‘red light, green light’ game
Business|Economy|Finance|Political|Stock Markets|US

Trump team tries to project confidence and calm after his tariff moves rattled markets

White House advisers and Cabinet members are trying to project confidence and calm as they defend President Donald Trump’s economic policies after another week of reeling markets that saw the Republican administration reverse course on some of its steepest tariffs

Trump team tries to project confidence and calm after his tariff moves rattled markets
Arts|Asia|Economy|Political|Technology|Travel|World

Osaka Expo opens in Japan offering a vision of the future. Here's what to know

The Expo 2025 has opened in Osaka with more than 10,000 people singing Beethoven’s Ninth Symphony to celebrate the start of the six-month event

Osaka Expo opens in Japan offering a vision of the future. Here's what to know
Business|Economy|Finance|Political|US

Bridgewater's Ray Dalio says Trump trade war has put US 'close to a recession'

Ray Dalio, billionaire founder of one of the world's largest hedge funds, said on Sunday that President Donald Trump's trade war has brought the United States near

Bridgewater's Ray Dalio says Trump trade war has put US 'close to a recession'
Business|Economy|Political|Technology|US

Some top tech leaders have embraced Trump. That's created a political divide in Silicon Valley

Many of Silicon Valley's most prominent tech leaders have embraced President Donald Trump in his second term

Some top tech leaders have embraced Trump. That's created a political divide in Silicon Valley
Africa|Economy|Election|Political|World

Gabon's leader Nguema elected president with 90.35% of vote, interior minister says

Brice Oligui Nguema, who led a coup in Gabon in August 2023, won Saturday's presidential election with 90.35% of votes cast,

Gabon's leader Nguema elected president with 90.35% of vote, interior minister says
Economy|Election|Europe|Finance|Political

Hungarian opposition leader pledges to unlock EU funds if elected

Hungarian opposition leader Peter Magyar vowed on Sunday to unlock billions of euros of suspended European Union funding to revive the

Hungarian opposition leader pledges to unlock EU funds if elected
Economy|Finance|US

It’s Tax Day. Still haven’t filed? Tips on how to get an extension and more

It’s Tax Day. Still haven’t filed? Tips on how to get an extension and more

It’s Tax Day. Still haven’t filed? Tips on how to get an extension and more
Business|Economy|Food|Lifestyle|US

A marshmallow brand is selling $2 Easter dye kits in response to egg-spensive prices

A marshmallow brand is selling $2 Easter dye kits in response to egg-spensive prices

A marshmallow brand is selling $2 Easter dye kits in response to egg-spensive prices
Business|Economy|Political|Technology|US

US Commerce Secretary says exempted electronic products to come under separate tariffs

U.S.

US Commerce Secretary says exempted electronic products to come under separate tariffs
Business|Economy|Food|Political|US

Looser food standards off the menu in any US-UK trade deal, UK says

Britain will not relax its food safety standards as part of any deal to secure lower tariffs on its exports to the United States, business minister Jonathan

Looser food standards off the menu in any US-UK trade deal, UK says
Americas|Asia|Business|Economy|US

South Korea's POSCO considers joining Hyundai Steel's $5.8 billion steel plant project in US, reports say

South Korean steelmaker POSCO is considering joining a project by Hyundai Steel to build a $5.8 billion plant in Louisiana as the country's steel industry tries to respond to U.S.

South Korea's POSCO considers joining Hyundai Steel's $5.8 billion steel plant project in US, reports say
Economy|Political|US

Trump goes with his gut and the world goes along for the ride

President Donald Trump likes keeping people on edge waiting for his next move, and that's been clear when it comes to his tariffs

Trump goes with his gut and the world goes along for the ride
Business|Economy|Election|Political|US

Battle lines over Trump agenda intensify and put GOP leaders in a jam

Battle lines over Trump agenda intensify and put GOP leaders in a jam

Battle lines over Trump agenda intensify and put GOP leaders in a jam
Economy|Finance|Lifestyle|US

Tax tips for recently married couples and first-time parents

Taxes may not be the first thing on your mind when you celebrate a joyous occasion like a marriage or a new baby

Tax tips for recently married couples and first-time parents
Asia|Business|Economy|Political|US

How Trump’s trade war with China will hurt the American farmers who voted him in

How Trump’s trade war with China will hurt the American farmers who voted him in

How Trump’s trade war with China will hurt the American farmers who voted him in
Asia|Business|Economy|Political|World

As tariffs put trade between China and the US in peril, Chinese businesses ponder the future

The 145% tariff from the U.S. and the retaliatory 125% tariff from China are putting businesses doing trade between the U.S. and China on edge

As tariffs put trade between China and the US in peril, Chinese businesses ponder the future
Celebrity|Economy|Entertainment|Political|US

‘Saturday Night Live’ roasts Trump’s tariff chaos of biblical proportions

‘Saturday Night Live’ roasts Trump’s tariff chaos of biblical proportions

‘Saturday Night Live’ roasts Trump’s tariff chaos of biblical proportions
Business|Economy|Environment|Food|Technology

New gear could keep California crab fishermen on the water longer, and whales safe

After years of a shortened crab fishing season aimed at preventing whale entanglements off the West Coast, California crabbers are experimenting with a new fishing method that allows them to stay on the water longer while keeping the marine mammals safe

New gear could keep California crab fishermen on the water longer, and whales safe
Australia|Economy|Election|Political

Australian prime minister's party launches election campaign

The centre-left party of Australian Prime Minister Anthony Albanese pledged on Sunday to help more would-be home buyers as it launched a campaign for the May 3 election shaping as a

Australian prime minister's party launches election campaign
Asia|Business|Economy|Finance|Political

Japan policymaker wants stronger yen, says Tokyo shouldn't sell Treasuries

Japan must strengthen the yen, such as by helping boost the country's industrial competitiveness, as the currency's weakness has pushed up households' living costs,

Japan policymaker wants stronger yen, says Tokyo shouldn't sell Treasuries
Economy|Political|Technology|US

Trump spares smartphones, computers, other electronics from China tariffs

U.S.

Trump spares smartphones, computers, other electronics from China tariffs
Business|Economy|Europe|Finance|Political

Britain makes $26 billion export finance support available amid tariff turmoil

Britain said on Sunday it will expand financing support for exporters by 20 billion pounds ($26 billion), including those affected by U.S. tariffs, in an effort to give them

Britain makes $26 billion export finance support available amid tariff turmoil
Americas|Business|Economy|Finance|US

KKR nears deal to buy OSTTRA for about $3 billion, Bloomberg News reports

U.S.-based private equity firm KKR is nearing a deal to buy OSTTRA for about $3 billion, Bloomberg News reported on Saturday, citing people familiar with the matter.

KKR nears deal to buy OSTTRA for about $3 billion, Bloomberg News reports
Business|Economy|Europe|Finance|Political

UK finance minister eyes closer EU ties, warns 'profound' impact of tariffs

British finance minister Rachel Reeves wrote in a column for the Observer due to be published on Sunday that she wants to achieve "an ambitious new relationship" with the European

UK finance minister eyes closer EU ties, warns 'profound' impact of tariffs
Business|Economy|Environment|US

Regulators order corrective action as Keystone Pipeline operators aim to restore service

Federal regulators have ordered the operator of the Keystone Pipeline to take several corrective actions after a rupture caused 147,000 gallons of oil to spill onto farmland in North Dakota

Regulators order corrective action as Keystone Pipeline operators aim to restore service
Business|Economy|Political|Technology|US

Apple has few incentives to start making iPhones in US, despite Trump's trade war with China

President Donald Trump’s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the U

Apple has few incentives to start making iPhones in US, despite Trump's trade war with China
Business|Economy|MidEast|Political|World

Syrian officials plan to attend IMF, World Bank meetings in Washington DC, sources say

Syria's finance minister, foreign minister and central bank chief are planning to attend the annual spring meetings held by the International

Syrian officials plan to attend IMF, World Bank meetings in Washington DC, sources say
Business|Economy|Political|US

US appeals court allows layoffs, but not dismantling of consumer watchdog

President Donald Trump's administration could lay off workers at the U.S.

US appeals court allows layoffs, but not dismantling of consumer watchdog
Economy|MidEast|Political|US|World

Iran and US envoys hold 1st negotiation over Tehran's nuclear program, and talk face-to-face

Iran and the United States will hold more negotiations next week over Tehran’s rapidly advancing nuclear program

Iran and US envoys hold 1st negotiation over Tehran's nuclear program, and talk face-to-face
Business|Economy|Political|Technology|US

Smartphones and computers are now exempt from Trump’s latest tariffs

Smartphones and computers are now exempt from Trump’s latest tariffs

Smartphones and computers are now exempt from Trump’s latest tariffs
Business|Economy|Europe|Political

UK government takes over day-to-day running of British Steel from Chinese owner Jingye

U.K. lawmakers returned to Parliament from their Easter break to approve an emergency rescue of the country’s last remaining factory that makes steel directly from scratch

UK government takes over day-to-day running of British Steel from Chinese owner Jingye
Arts|Economy|Entertainment|US

City spent $540K in police overtime during Taylor Swift weekend, records show

City spent $540K in police overtime during Taylor Swift weekend, records show

City spent $540K in police overtime during Taylor Swift weekend, records show
Business|Economy|Political|Technology|World

Kevin O'Leary says US has to train China 'like a puppy'

Kevin O'Leary, Canadian businessman and co-host of the investment show "Shark Tank", comments on the ongoing trade escalation with China and concerns over intellectual property theft.

Kevin O'Leary says US has to train China 'like a puppy'
Business|Economy|Political|Technology|US

Judge relaxes ban on DOGE access to sensitive US Treasury information

A New York judge has relaxed a ban she'd put on Elon Musk’s Department of Government Efficiency preventing it from accessing sensitive U.S. Treasury Department information

Judge relaxes ban on DOGE access to sensitive US Treasury information
Africa|Economy|Election|Political

Gabon coup leader eyes seven-year mandate in presidential vote

Gabon's coup leader Brice Oligui Nguema looked to cement his grip on power as the oil-producing Central African nation held a presidential election

Gabon coup leader eyes seven-year mandate in presidential vote
Business|Economy|Political|US

That seat will cost how much? US businesses already seeing impact of Trump tariffs

A toy store manager hit with daily price increase notifications. A lip balm manufacturer forecasts a $5 million jump in cost of goods.

That seat will cost how much? US businesses already seeing impact of Trump tariffs
Business|Economy|Europe|Political

UK to take emergency control of British Steel, with nationalisation on the table

Britain moved to take control of British Steel and keep its blast furnaces open on Saturday, as a minister told an emergency parliamentary session

UK to take emergency control of British Steel, with nationalisation on the table
Business|Economy|Food|Political|US

Trump’s using tariffs to get you to buy American. For US maple syrup, that’s a sticky situation

Trump’s using tariffs to get you to buy American. For US maple syrup, that’s a sticky situation

Trump’s using tariffs to get you to buy American. For US maple syrup, that’s a sticky situation
Business|Economy|Political|US

Trump plans to stockpile deep-sea metals to counter China, FT reports

The Trump administration is drafting an executive order to enable the stockpiling of deep-sea metals to counter China's dominance in battery minerals and rare earth supply chains, the

Trump plans to stockpile deep-sea metals to counter China, FT reports
Business|Economy|Europe|Finance|Political

Italy not planning to use EU budget leeway for defence spending boost

Italy has no intention for now of using budget leeway allowed by the European Union to boost its defence spending, its economy minister said on Saturday, despite U.S. pressure to

Italy not planning to use EU budget leeway for defence spending boost
Business|Economy|Finance|Political|US

Democrats dislike the ‘chaos’ of Trump’s trade war but are OK with some tariffs

Democrats are quick to say that President Donald Trump’s tariffs are horrible, awful, terrible

Democrats dislike the ‘chaos’ of Trump’s trade war but are OK with some tariffs
Business|Economy|Political|US

Trump's China tariff shocks US importers. One CEO calls it 'end of days'

U.S. importers are bracing for the impact of President Donald Trump's staggering 145% levy on Chinese imports

Trump's China tariff shocks US importers. One CEO calls it 'end of days'
Business|Economy|Europe|Finance

S&P upgrades Italy in surprise boost for PM Meloni

Credit ratings agency S&P Global upgraded Italy on Friday in a surprise move just days after Rome halved its economic growth forecast amid global market turmoil and said

S&P upgrades Italy in surprise boost for PM Meloni
Business|Economy|Finance|Political|US

Trump trade team chases 90 deals in 90 days. Experts say good luck with that

President Donald Trump's administration wants to strike 90 trade deals in 90 days, but the challenges to quickly resolving the president's

Trump trade team chases 90 deals in 90 days. Experts say good luck with that
Business|Economy|Political|US

145% tariffs on China are clobbering the toy industry

145% tariffs on China are clobbering the toy industry

145% tariffs on China are clobbering the toy industry
Asia|Business|Economy|Finance|Stock Markets

Taiwan extends short-selling curbs after U.S. tariffs bring market turmoil

Taiwan's top financial regulator said on Saturday it would extend temporary curbs on short-selling for another week to ensure market stability after U.S. tariffs unleashed turmoil,

Taiwan extends short-selling curbs after U.S. tariffs bring market turmoil
Economy|Europe|Finance|Political

EU ministers positive on defence fund to ease debt concerns

European Union finance ministers expressed interest on Saturday in the idea of a joint defence fund that would buy and own defence equipment,

EU ministers positive on defence fund to ease debt concerns
Americas|Business|Economy|Political|World

World Bank announces $12 billion support package for Argentina

(Repeats story issued on April 11 with no changes to text.)

World Bank announces $12 billion support package for Argentina
Business|Economy|Europe|Political|US

Bank of England's Greene says dollar drop adds to tariff inflation puzzle

Bank of England interest rate-setter Megan Greene said on Saturday it was unclear what U.S.

Bank of England's Greene says dollar drop adds to tariff inflation puzzle
Business|Economy|Finance|Political|Stock Markets|US

Broadening asset volatility intensifies worries for tariff-tossed US stocks

Wild swings in global markets are poised to keep U.S. stock investors on edge in the coming week, as a weakening dollar and a selloff in Treasuries compound

Broadening asset volatility intensifies worries for tariff-tossed US stocks
Economy|Finance|Political|Stock Markets|US

Trading Day: A crushing week for US bonds, dollar

TRADING DAY Scorn in the USA If there is one takeaway for investors above all others from yet another tumultuous week in world markets, it may be this:

Trading Day: A crushing week for US bonds, dollar
Business|Economy|Health|US

UnitedHealth asks healthcare providers for hack loan repayments

UnitedHealth Group is demanding that healthcare providers repay the loans they received from the company after a cyberattack at its tech unit Change

UnitedHealth asks healthcare providers for hack loan repayments
Business|Economy|Political|US

FTC takes step toward reversing Chevron, Exxon board restrictions

The U.S.

FTC takes step toward reversing Chevron, Exxon board restrictions
Business|Economy|Political|Technology

GM to halt EV van production in Ontario to adjust for market demand

GM is temporarily halting production of its electric commercial van at its assembly plant in Ontario due to slow sales, the company and the union

GM to halt EV van production in Ontario to adjust for market demand
Economy|MidEast|Political|World

Turkey to seek lifting of Syria sanctions, Erdogan tells Sharaa

President Tayyip Erdogan told Syrian President Ahmed al-Sharaa on Friday that Turkey will continue its diplomatic efforts to lift international sanctions against Syria,

Turkey to seek lifting of Syria sanctions, Erdogan tells Sharaa
Business|Economy|Europe|Political|US|World

US, Ukraine hold tense talks as mineral deal remains elusive, source says

U.S. and Ukrainian officials met on Friday on a U.S. proposal to gain access to Ukraine's mineral wealth, a source with knowledge of the matter said, adding

US, Ukraine hold tense talks as mineral deal remains elusive, source says
Americas|Business|Economy|Finance

World Bank to announce $12 billion financing package for Argentina, source says

The World Bank is poised to announce a $12 billion financing package for Argentina on Friday, supplementing the International Monetary Fund's expected approval of a $20 billion

World Bank to announce $12 billion financing package for Argentina, source says
Americas|Economy|Finance|Political

IMF approves $20 billion extended fund facility arrangement for Argentina

The International Monetary Fund's board approved a 48-month, $20 billion extended fund facility arrangement for Argentina and the immediate disbursement of $12 billion, the fund said on

IMF approves $20 billion extended fund facility arrangement for Argentina
Asia|Business|Economy|Finance|Stock Markets|US

Wall St ends whipsaw week sharply higher as Fed comments soothe market

Wall Street posted solid gains on Friday as big banks kicked off first-quarter earnings season and investors closed the book on a turbulent week of wild swings

Wall St ends whipsaw week sharply higher as Fed comments soothe market
Business|Economy|Political|Science|Technology|US

Group of ex-OpenAI employees back Musk's lawsuit to halt OpenAI restructure

A dozen former OpenAI employees filed a legal brief on Friday backing co-founder Elon Musk's lawsuit aimed at keeping the non-profit status of OpenAI, marking

Group of ex-OpenAI employees back Musk's lawsuit to halt OpenAI restructure
Asia|Business|Economy|Political|World

Taiwan holds first tariff talks with United States

Taiwan officials held their first tariff talks with U.S. officials on Friday, with both sides looking forward to further discussions soon, the island's government said on Saturday.

Taiwan holds first tariff talks with United States
Americas|Business|Economy|Political

Argentina seals $20 billion IMF deal, tears down currency controls

Argentina sealed a $20 billion, 48-month Extended Fund Facility deal with the International Monetary Fund on Friday and, in a major

Argentina seals $20 billion IMF deal, tears down currency controls
Americas|Economy|Political

Argentina and the IMF: a troubled history

In December 1958, Argentina, battling inflation and weak reserves, agreed a $75-million loan with the International Monetary Fund, its first deal with the Washington-

Argentina and the IMF: a troubled history
Americas|Business|Economy|Finance|Political

What economists say about Argentina's FX reforms and IMF deal

Argentina's central bank has announced a major overhaul to the country's exchange rate policy, unleashing the peso and dismantling its

What economists say about Argentina's FX reforms and IMF deal
Asia|Business|Economy|Technology

What Samsung and Vietnam stand to lose in Trump's tariff war

When Samsung Electronics chairman Jay Y. Lee met Vietnam's prime minister in July, he had a simple message to convey.

What Samsung and Vietnam stand to lose in Trump's tariff war
Asia|Business|Economy|Finance|Political|Stock Markets|US

China retaliates again in Trump's trade war, prompting flight from US assets

Beijing increased its tariffs on U.S. imports to 125% on Friday, hitting back against

China retaliates again in Trump's trade war, prompting flight from US assets
Asia|Business|Economy|Finance|Stock Markets

China has considered opening its $520 billion ETF market to Western market makers, sources say

(Repeats story issued on April 11 with no changes to text.)

China has considered opening its $520 billion ETF market to Western market makers, sources say
Business|Economy|Europe

French bikers race to buy Harleys before possible tariffs

Sales are brisk at the Villiers-Sur-Marne Harley-Davidson dealership outside Paris, where French bikers reckon they had better hurry if they want the American

French bikers race to buy Harleys before possible tariffs
Asia|Business|Economy|Finance

Price premium for gold in China jumps due to tit-for-tat tariffs

The price premium for gold in top consumer China above global benchmark spot prices widened this week due to consumers and investors seeking refuge

Price premium for gold in China jumps due to tit-for-tat tariffs
Business|Economy|Finance|Political|World

Russia raises 2024 GDP growth figure to 4.3%

Russian state statistical agency Rosstat raised its estimate of gross domestic product growth for 2024 on Friday to 4.3% from 4.1% earlier.

Russia raises 2024 GDP growth figure to 4.3%
Business|Economy|Finance|Political|Stock Markets|World

US-China tariff war steers gold through $3,200 per ounce

Gold prices vaulted over the $3,200-per-ounce mark for the first time on Friday, as intensifying U.S.-China trade tensions rattled global markets and drove

US-China tariff war steers gold through $3,200 per ounce
Business|Economy|Finance|US

US oil rig count falls by most in a week since June 2023, Baker Hughes says

U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig count for a third consecutive week, energy

US oil rig count falls by most in a week since June 2023, Baker Hughes says
Economy|Political|US

Market volatility complicates work for lawmakers in Alaska, a state whose fortunes are tied to oil

President Donald Trump's on-again, off-again tariffs and a related drop in oil prices have contributed to the uncertainty for Alaska lawmakers tasked each year with crafting a state budget based on volatile oil prices

Market volatility complicates work for lawmakers in Alaska, a state whose fortunes are tied to oil
Americas|Economy|Finance|Political|World

In key milestones for President Milei, Argentina secures IMF deal and ends most capital controls

President Javier Milei says that he will lift most of the country’s strict capital and currency controls next week, a high-stakes gamble made possible by a new loan from the International Monetary Fund

In key milestones for President Milei, Argentina secures IMF deal and ends most capital controls
Business|Economy|Political|US

Trump can shrink consumer protection agency but cannot dismantle it entirely, appeals court says

Trump can shrink consumer protection agency but cannot dismantle it entirely, appeals court says

Trump can shrink consumer protection agency but cannot dismantle it entirely, appeals court says
Economy|MidEast|Political|US|World

UN humanitarian agency to cut staff by 20% due to 'brutal cuts' in funding

The U.N. humanitarian agency says it's cutting its 2,600 staff who operate in more than 60 countries by 20% because of “brutal cuts” in funding that have left it with a nearly $60 million shortfall

UN humanitarian agency to cut staff by 20% due to 'brutal cuts' in funding
Business|Economy|Finance|Stock Markets|US

Freak sell-off of ‘safe haven’ US bonds raises fear that confidence in America is fading

The upheaval in stocks has been grabbing all the headlines, but there is a bigger problem looming in another corner of the financial markets that rarely gets headlines: Investors are dumping U.S. government bonds

Freak sell-off of ‘safe haven’ US bonds raises fear that confidence in America is fading
Arts|Economy|Food|Lifestyle|US

Expect more fake eggs made of colored marshmallows or even potatoes on this year's Easter spread

The internet has offered up a host of alternatives as egg prices continue to be stubbornly high

Expect more fake eggs made of colored marshmallows or even potatoes on this year's Easter spread
Business|Economy|Finance|Political|Stock Markets|US|World

The Latest: Trump administration offers no details on mistakenly deported man after court ruling

A federal judge lambasted a government lawyer who couldn’t explain what, if anything, President Donald Trump’s administration has done to arrange for the return of a Maryland man who was mistakenly deported last month to a notorious prison in El Salvador

The Latest: Trump administration offers no details on mistakenly deported man after court ruling
Business|Economy|Political|US

Trump trade war could hit imports at busiest US port in May, port executive says

Imports to the busiest U.S. seaport could drop as soon as May, as companies pause orders in response to President Donald Trump's escalating tariffs on China

Trump trade war could hit imports at busiest US port in May, port executive says
Business|Economy|Political|US

Trump optimistic on reaching deal with China, White House says

U.S.

Trump optimistic on reaching deal with China, White House says
Americas|Business|Economy|Finance

Lower oil prices could sink Ecopetrol's full-year profits by $2.8 billion, president warns

Lower oil prices could reduce Colombian state-run oil firm Ecopetrol's profits by up to 12 trillion pesos ($2.76 billion) this year, the company's president

Lower oil prices could sink Ecopetrol's full-year profits by $2.8 billion, president warns
Americas|Business|Economy|Environment

Argentina soy, once parched, now has too much rain

Drenched Argentine fields due to heavy rains in the country's farm heartland are raising fears of soybean losses and delayed sales of the 2024/25 crop,

Argentina soy, once parched, now has too much rain
Economy|Finance|Political|US

US Treasury seeks dealer guidance on 20-year bond auction schedule, stablecoins

The U.S.

US Treasury seeks dealer guidance on 20-year bond auction schedule, stablecoins
Asia|Economy|Finance|Political|Stock Markets|US

US bond yields rise, dollar down as turbulent week comes to an end

Benchmark 10-year U.S.

US bond yields rise, dollar down as turbulent week comes to an end
Americas|Business|Economy|World

Peru economy to face moderate impact from US tariffs, central bank says

Newly implemented U.S. tariffs will have a moderate impact on Peru's economy, the chief economist of the Andean nation's central bank said on

Peru economy to face moderate impact from US tariffs, central bank says
Americas|Business|Economy|Finance|World

IMF staff-level agreement with Honduras set to unlock around $155 million

The International Monetary Fund said on Friday it had reached a staff-level agreement with Honduras that would result in the disbursement of around $155 million should the board

IMF staff-level agreement with Honduras set to unlock around $155 million

Follow