Factbox-Walmart, Best Buy, Nike’s major supply hubs in Asia
By Juveria Tabassum (Reuters) – President Donald Trump’s move to impose sweeping tariffs on U.S. imports could force major retailers…
April 2025
After tariffs, US dangles billions of dollars in Congo mineral investment
By Ange Kasongo (Reuters) -The United States is in talks to invest billions of dollars in mineral-rich Congo and wants…
Capital One’s $35 billion deal for Discover clears US DOJ hurdle, NYT reports
(Reuters) – Capital One Financial Corp got a greenlight from the Justice Department for its proposed acquisition of Discover Financial…
US FDA approves Amgen’s Uplizna as first treatment for rare immune disorder
By Deena Beasley, Mariam Sunny and Siddhi Mahatole (Reuters) -The U.S. Food and Drug Administration has approved expanded use of…
March hedge fund stock selloff buoys some, costs others, sources say
By Nell Mackenzie and Carolina Mandl LONDON (Reuters) -Turbulent March markets stalled positive returns for some of the biggest global…
Trump administration adds beer, can imports to 25% US aluminum tariffs
By David Lawder WASHINGTON (Reuters) -The Trump administration on Wednesday said it was slapping a 25% tariff on all beer…
Tesla quarterly sales plunge as Musk backlash grows
By Akash Sriram and Abhirup Roy (Reuters) -Tesla’s quarterly sales plunged 13% to the weakest in nearly three years, hurt…
TikTok bidders pile up as deadline looms with Amazon, OnlyFans founder in mix
By Dawn Chmielewski, Anna Tong and Greg Bensinger (Reuters) -As the weekend deadline for TikTok to find a buyer approaches,…
Tesla’s new car sales in Italy down 7% in first quarter despite 51% jump in March
MILAN (Reuters) – Tesla’s new car registrations in Italy rebounded sharply in March after a plunge the previous month to…
Meta’s head of AI research to depart in May
(Reuters) – Meta Platforms’ head of artificial intelligence research, Joelle Pineau, plans to leave the company, at a time when…