Business
Trump says US China tariffs needed on other vehicles, products
NEW YORK (Reuters) - Former U.S. President Donald Trump said the Biden administration's new tariffs on Chinese electric vehicles, semiconductors and medical products should be applied to other types of vehicles and products. "They've also got to ...
Amazon's cloud unit CEO to step down, firm says
(Reuters) - The chief executive of Amazon.com's cloud unit Amazon Web Services, Adam Selipsky, is stepping down, the company said on Tuesday. (Reporting by Akash Sriram in Bengaluru; Editing by Pooja Desai)
Delayed Fed cuts could also slow ECB, Wunsch says
FRANKFURT (Reuters) - The European Central Bank's first two interest rate cuts are a "no brainer" but slower than expected policy easing in the U.S. could delay some of the ECB's moves, Belgian central bank chief Pierre Wunsch told German ...
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie was trading 0.1% higher at C$1.3646 to the greenback, or 73.28 U.S. cents, after trading in a range of 1.3643 to 1.369.
Exclusive-Anglo American explores De Beers IPO as part of break-up, sources say
LONDON (Reuters) - Anglo American is exploring an initial public offering of its diamond business De Beers, two people familiar with the matter told Reuters on Tuesday, with London the preferred venue, one of them said. The potential listing ...
Brazil airline Gol swings to net loss in first quarter
SAO PAULO (Reuters) - Brazilian airline Gol reported on Tuesday a first-quarter recurring net loss of 130.2 million reais ($25.39 million), swinging into the red after a 136.4 million-real net profit a year ago, mainly hit by financial expenses.
Traders pare bets on Sept start to Fed rate cuts
(Reuters) - Traders on Tuesday pared bets the Federal Reserve will deliver a first interest-rate cut in September after a government report showed wholesale prices rose more than expected in April. The 0.5% increase in last month's producer ...
On Holding raises annual sales forecast on strong running shoes demand
By Ananya Mariam Rajesh (Reuters) - On Holding raised its annual sales forecast on Tuesday, after beating expectations for the first quarter, as the sportswear maker's focus on selling premium-priced products and bringing in newer items helped ...
US producer prices increase more than expected in April
WASHINGTON (Reuters) - U.S. producer prices increased more than expected in April amid strong gains in the costs of services and goods, indicating that inflation remained elevated early in the second quarter. The producer price index for final ...
P&G plans to downplay its corporate name in ads during Paris Olympics
By Jessica DiNapoli NEW YORK (Reuters) - What is missing from the Paris 2024 Olympics? A tear-jerking corporate advertising campaign from Procter & Gamble saluting the mothers of athletes. The consumer products maker, one of the world's ...
More Business Stories
China strongly opposes U.S. tariff hikes, pledging measures to defend rights
Tesla strike in Sweden heats up as nation's largest union joins fray
Waning Fed rate cut bets boost US Treasury yield forecasts: Reuters poll
TSX opens higher on healthcare, materials support
Chevron tops Tesla as most-shorted stock in April, says Hazeltree
Shopee-owner Sea tops quarterly revenue estimates on e-commerce strength
Rheinmetall's civil unit suffered cyberattack that cost $10 million
TSMC says it could design its A16 chip-making technology without ASML's new machine
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