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Today: April 16, 2025
Today: April 16, 2025

Economy

Business|Economy|Finance|US

PNC Financial first-quarter profit rises on higher interest income

U.S. bank PNC Financial reported a rise in first-quarter profit on Tuesday, helped by a boost in interest income.

PNC Financial first-quarter profit rises on higher interest income
Business|Economy|Europe

Stellantis closing in on new CEO with shortlist of five candidates, sources say

French-Italian carmaker Stellantis has reduced its shortlist of CEO candidates to five, said two people familiar with the matter, as

Stellantis closing in on new CEO with shortlist of five candidates, sources say
Business|Economy|Europe|Health|Political|US

Irish pharma exports to U.S. surge to 10.5 billion euros amid tariff threat

Irish exports of pharmaceutical and medical products to the U.S. surged by more than 450% year-on-year in February, data showed on Tuesday, a second monthly hike that suggested U.S.

Irish pharma exports to U.S. surge to 10.5 billion euros amid tariff threat
Business|Economy|Finance|Stock Markets|US

Citigroup profit surges as stock trading jumps 23%

Citigroup's profit surged in the first quarter as its traders reaped a windfall from volatile markets that fueled client activity.

Citigroup profit surges as stock trading jumps 23%
Asia|Business|Economy|Political|World

Indonesia to propose $10 billion US energy imports increase in tariff talks

Indonesia will propose increasing its imports of crude oil and liquefied petroleum gas from the United States by around $10 billion as part of its tariff negotiations, energy

Indonesia to propose $10 billion US energy imports increase in tariff talks
Economy|Europe|Political

Bayrou cites Trump "hurricane" as he calls on France to fix public finances

France urgently needs to reduce its budget deficit to confront a "tsunami of destabilisation" that includes a bellicose Russia and a trade war

Bayrou cites Trump "hurricane" as he calls on France to fix public finances
Business|Economy|Europe

German investor morale plunges to lowest level since start of Ukraine war

German investor morale in April posted its strongest decline since Russia invaded Ukraine in 2022 due to uncertainty unleashed by U.S. tariffs.    

German investor morale plunges to lowest level since start of Ukraine war
Business|Economy|Finance|Stock Markets|Technology

Binance among crypto exchanges hit by Amazon Web Services outage

Crypto exchange Binance said it briefly stopped allowing users to withdraw from the platform on Tuesday, due to an issue involving an Amazon Web Services (AWS) data centre, while other

Binance among crypto exchanges hit by Amazon Web Services outage
Africa|Business|Economy

IMF and Ghana agree programme review that will unlock $370 million

Ghana and the International Monetary Fund have reached a staff-level agreement on the fourth review of its $3 billion loan programme, the IMF

IMF and Ghana agree programme review that will unlock $370 million
Business|Economy|Europe|Fashion and Beauty|Stock Markets

LVMH overtaken by Hermes in market capitalization as sales disappoint

LVMH lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken by rival Hermes due to investor

LVMH overtaken by Hermes in market capitalization as sales disappoint
Asia|Business|Economy

India's retail inflation slips to over 5-year low, opens door to more rate cuts

India's retail inflation slipped to a more-than-five-year low as food prices continued to moderate, creating room for deeper central bank

India's retail inflation slips to over 5-year low, opens door to more rate cuts
Asia|Economy|Environment

India forecasts above average monsoon rains in boost to crop output, economy

India is likely to see above-average monsoon rains for the second straight year in 2025, the government said on Tuesday, raising

India forecasts above average monsoon rains in boost to crop output, economy
Business|Economy|Finance|Opinion|Stock Markets|US

Fed gives market a breather

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

Fed gives market a breather
Business|Economy|Europe|Finance|Political

U.S. policy on stablecoins more dangerous than tariffs, Italian minister says

U.S. policy on stablecoins offers European citizens an attractive payment method for cross-border transactions which should trigger more concern than trade tariffs,

U.S. policy on stablecoins more dangerous than tariffs, Italian minister says
Africa|Economy|Environment|MidEast|Travel

Egypt’s tourism push puts pristine Red Sea beach at risk, say environmentalists

Ras Hankorab Beach, a pristine spot on southern Egypt's Red Sea coast with crystal clear waters and flat white sands, is the jewel of Egypt's Wadi el-Gemal

Egypt’s tourism push puts pristine Red Sea beach at risk, say environmentalists
Asia|Business|Economy|Political|US

India to pursue trade liberalisation with US, official says

India has decided to pursue a path of trade liberalisation with the United States, India's trade secretary said on Tuesday, with the two countries signing the terms of reference

India to pursue trade liberalisation with US, official says
Asia|Business|Economy|Health|Political

Tariff wars to hit popular US-made drugs in China, regulator data shows

Popular Western medicines for diseases including cancer and diabetes have been caught in the escalating U.S.-China trade war, a Reuters review of Chinese regulator

Tariff wars to hit popular US-made drugs in China, regulator data shows
Americas|Australia|Business|Economy|Finance

Britain's financial watchdog sets up in US and Asia to attract firms to UK

Britain's Financial Conduct Authority has appointed staff in the United States and the Asia-Pacific region for the first time, to help overseas firms to enter the British market and

Britain's financial watchdog sets up in US and Asia to attract firms to UK
Asia|Business|Economy|Europe|Political|Technology|US|World

Global electric vehicle sales up 29% in March, researchers find

Global sales of electric and plug-in hybrid vehicles rose 29% year-on-year in March, helped by growth in China and Europe, while EV growth in North America was

Global electric vehicle sales up 29% in March, researchers find
Asia|Business|Economy|Political|World

China, Vietnam support multilateral trade regime amid U.S. tariff pressure

China and Vietnam expressed their support for maintaining a multilateral trade regime centered around the World Trade Organization in a joint statement issued on Tuesday at the end

China, Vietnam support multilateral trade regime amid U.S. tariff pressure
Economy|Political|US

‘People are feeling betrayed’: They paid taxes in good faith and now fear it could lead to their deportation

‘People are feeling betrayed’: They paid taxes in good faith and now fear it could lead to their deportation

‘People are feeling betrayed’: They paid taxes in good faith and now fear it could lead to their deportation
Business|Economy|Europe|Finance|Stock Markets

Sterling edges up; UK data shows softer jobs market

The pound edged up on Tuesday, clawing back some gains from the euro in particular, as the volatility that has dominated markets for the past couple of weeks appeared to ebb.

Sterling edges up; UK data shows softer jobs market
Asia|Business|Economy|Political|World

Pakistan mulls US oil imports to ease trade imbalance, sources say

Pakistan is considering importing crude oil from the United States for the first time to offset a trade imbalance that triggered higher U.S. tariffs, according to a

Pakistan mulls US oil imports to ease trade imbalance, sources say
Business|Economy|Europe|Finance

Euro zone banks tightening corporate credit access on rising economic risk, ECB survey shows

Euro zone banks curbed firms' access to credit last quarter and expect to keep tightening credit standards due to increasing concerns about the economic outlook, the European

Euro zone banks tightening corporate credit access on rising economic risk, ECB survey shows
Asia|Business|Economy|Political|World

China says it is 'tearing down walls' to expand trade alliances amid US standoff

China is "tearing down walls" and expanding its circle of trading partners, "shaking hands" instead of "shaking fists", its foreign ministry said on Tuesday, as Beijing works on

China says it is 'tearing down walls' to expand trade alliances amid US standoff
Asia|Business|Economy|Political

At China's largest trade fair, exporters say US markets are 'frozen'

Candice Li says that after Washington raised tariffs on Chinese goods by 145%, U.S. orders for the medical devices her firm is making

At China's largest trade fair, exporters say US markets are 'frozen'
Business|Economy|Europe|Political|World

UK employers cut jobs in run-up to Reeves' tax hike

Britain's labour market weakened before this month's tax hike on employers, data showed on Tuesday, but wage growth remained strong,

UK employers cut jobs in run-up to Reeves' tax hike
Business|Economy|Europe|Finance|Stock Markets

European shares advance as Trump hints at auto-related tariff relief; LVMH plunges

European shares rose on Tuesday as investors weighed fast-changing U.S. tariff plans, while shares of LVMH slumped after the luxury

European shares advance as Trump hints at auto-related tariff relief; LVMH plunges
Business|Economy|Finance|Lifestyle

Good ways to put your tax refund to use

Good ways to put your tax refund to use

Good ways to put your tax refund to use
Business|Economy|Europe|Finance

Banknote printer De La Rue backs $347 million offer from U.S. firm Atlas

British banknote printer De La Rue on Tuesday backed a $347 million takeover bid by U.S. buyout firm Atlas Holdings, offering a 16% premium over

Banknote printer De La Rue backs $347 million offer from U.S. firm Atlas
Business|Economy|Europe

Euro zone industry grows more than expected in February

Euro zone industrial output rose more than expected in February, raising hopes that the sector bottomed out after a two-year recession, even if U.S. trade policy keeps risks high

Euro zone industry grows more than expected in February
Asia|Economy|Election|Political

Singapore to hold election on May 3 amid cost of living and trade concerns

Singapore will hold a national election on May 3, the election commission said on Tuesday, amid worries about the cost of living and fears of a recession as a result of U.S.

Singapore to hold election on May 3 amid cost of living and trade concerns
Economy|Political|US

Trump trade war dries up sorghum sales to China but US farmers plan to plant more

U.S.

Trump trade war dries up sorghum sales to China but US farmers plan to plant more
Asia|Business|Economy|Finance|Political

South Korea aims to delay US tariffs in talks, cooperate in mutual areas

South Korea will seek to delay the implementation of tariffs as long as possible in negotiations with the United States, its finance minister said on

South Korea aims to delay US tariffs in talks, cooperate in mutual areas
Asia|Business|Economy

India's wholesale inflation slows to four-month low in March

India's wholesale inflation eased to a four-month low in March as food prices rose at a slower pace, according to government data released on Tuesday.

India's wholesale inflation slows to four-month low in March
Business|Economy|Europe|Fashion and Beauty|Finance

Nivea-maker Beiersdorf posts marginal first-quarter sales beat

German consumer goods maker Beiersdorf, the first European large-cap global health and personal care company to report first-quarter results, on Tuesday posted group sales marginally ahead

Nivea-maker Beiersdorf posts marginal first-quarter sales beat
Economy|Europe|Finance

French consumer inflation confirmed at +0.9% y/y in March

Consumer price inflation in France was stable in March, in line with analysts' expectations and the preliminary reading, statistics office INSEE said on Tuesday.

French consumer inflation confirmed at +0.9% y/y in March
Business|Economy|Finance|Stock Markets|US

Global investors dump holdings of US stocks at record pace, BofA survey says

Global investors have slashed their holdings of U.S. stocks by a record amount in the past two months, and think a trade war that triggers global recession is the biggest risk for

Global investors dump holdings of US stocks at record pace, BofA survey says
Economy|Europe|Health|Political|Science

High UK visa costs deter international scientists and engineers

It took Ed Roberts over a year to find a senior scientist to work at his cancer research laboratory in Scotland, a delay he blames on high UK visa costs that

High UK visa costs deter international scientists and engineers
Asia|Business|Economy|Political|World

South Korean officials considering Alaska trip for gas project talks

South Korean industry ministry officials are considering travelling soon to Alaska as part of working-level negotiations between the United States and South Korea over Alaska's gas

South Korean officials considering Alaska trip for gas project talks
Business|Economy|Finance|MidEast

Lazard boosts UAE footprint with financial advisory office in Abu Dhabi

Lazard is strengthening its footprint in the United Arab Emirates by opening an office in the capital city of Abu Dhabi which will serve as the investment bank's main financial

Lazard boosts UAE footprint with financial advisory office in Abu Dhabi
Africa|Americas|Business|Economy|MidEast

Oil price drop turns up heat on emerging market crude exporters

A steep drop in crude oil prices largely due to U.S.

Oil price drop turns up heat on emerging market crude exporters
Business|Economy|Europe|Finance|Stock Markets|Technology|US

Ericsson's profit surges as North American clients buy gear ahead of Trump's tariffs

Ericsson's first-quarter core earnings trounced analysts' expectations on Tuesday as North American telecom customers placed more orders for its gear ahead of the

Ericsson's profit surges as North American clients buy gear ahead of Trump's tariffs
Asia|Economy|Environment|Health|World

Extended heatwave in India, Pakistan to test survivability limits, with temperatures reaching Death Valley levels

Extended heatwave in India, Pakistan to test survivability limits, with temperatures reaching Death Valley levels

Extended heatwave in India, Pakistan to test survivability limits, with temperatures reaching Death Valley levels
Americas|Business|Economy|Political|World

Inflation, currency woes worsen Venezuela's complex crisis as Maduro declares 'economic emergency'

Erick Ojeda has no money

Inflation, currency woes worsen Venezuela's complex crisis as Maduro declares 'economic emergency'
Asia|Business|Economy|Political|World

China, Vietnam to assess viability of new railways, document shows

China and Vietnam took initial steps during Chinese President Xi Jinping's visit to Hanoi this week to develop new rail links, as they agreed to conduct feasibility studies for two

China, Vietnam to assess viability of new railways, document shows
Asia|Business|Economy|Health|Political|Technology|US

US moves ahead on tariffs with investigations into computer chips and pharmaceuticals

The Trump administration has taken its next steps toward imposing more tariffs on key imports, launching investigations into imports of computer chips and products that contain them, chip making equipment and pharmaceuticals

US moves ahead on tariffs with investigations into computer chips and pharmaceuticals
Business|Economy|Finance|Political|Stock Markets|Technology|US

Tariffs uncertainty clouds outlook for ASML's earnings

Investors will seek clarity on the risks posed by tariffs U.S.

Tariffs uncertainty clouds outlook for ASML's earnings
Asia|Business|Economy|US

Nissan to cut Japanese production of top-selling US model due to tariffs, source says

Nissan will cut Japanese production of its top-selling U.S. model, the Rogue SUV, over May-July, said a person familiar with the matter, becoming the latest global

Nissan to cut Japanese production of top-selling US model due to tariffs, source says
Business|Economy|Europe|Finance|Political|Stock Markets|US

Taxes and tariffs on the mind as relief rally limps along

A look at the day ahead in European and global markets from Rocky Swift It's tax day in the United States, the deadline for most Americans to file their returns to Uncle Sam, but there's far less

Taxes and tariffs on the mind as relief rally limps along
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

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