BERLIN (Reuters) -Germany’s VDMA machinery and equipment manufacturers lobby on Friday called the EU’s planned tariff exemption for certain products from the United States “a direct slap in the face” and said the EU Commission needed to “urgently renegotiate”. The European Commission proposed on Thursday removing duties on imported U.S. industrial goods in return for…
By Yuka Obayashi, Katya Golubkova and Ritsuko Shimizu TOKYO (Reuters) -Japan’s Nippon Steel plans to increase profit at U.S. Steel through an $11 billion investment and the transfer of its operational techniques and advanced technologies to expand capacity and add more high-grade products, a senior executive said. Nippon Steel’s $14.9-billion acquisition of U.S. Steel closed…
By Olivia Le Poidevin GENEVA (Reuters) -More food aid is reaching Gaza but it still remains far from enough to prevent widespread starvation, the head of the World Food Programme (WFP) told Reuters on Thursday. “We’re getting a little bit more food in. We’re moving in the right direction … but it’s not nearly enough…
(Reuters) -Apple will distribute its curated radio stations on a global network of devices, including speakers, headphones and cars, through a partnership with TuneIn, the digital radio platform said on Wednesday. The Cupertino, California-based technology giant’s six radio stations will be available outside its app for the first time on TuneIn to its 75 million…
By Suzanne McGee (Reuters) -AI hype that has helped push U.S. stocks to fresh records this year has driven an explosion in leveraged single stock exchange-traded funds, a universe of speculative products that is likely to be tested by Nvidia’s Wednesday earnings. Companies that investors expect to benefit either directly or indirectly from the AI…
When the market was closed, this was happening Today’s Breaking News ⏳ Time to Say Goodbye to “Old” Dollar? Say Hello to “Trump’s New Dollar” [sponsor] Analysis-Canadian Pacific joins Buffett in rejecting railroad consolidation, narrowing merger prospects NEW YORK (Reuters) -Two major rail operators have taken themselves out of the merger game that has gripped the…
(Reuters) -Spotify Technology will start rolling out a messaging feature to both free and premium subscription tiers as the music streaming giant seeks to attract more users and fend off competition. The messaging feature will allow users to chat and share music with people they have interacted with on Spotify, the Swedish firm said on…
New Amazon Crisis Could Tank U.S. Stock Market Today’s Breaking News ⏳ The next big tech revolution [sponsor] Trump administration plans to cancel approval of Maryland offshore wind project In the filing, attorneys from the Department of Justice asked the court to stay a lawsuit challenging the Interior Department’s approval of the Maryland Offshore Wind Project….
By Tatiana Bautzer, Saeed Azhar and Isla Binnie NEW YORK (Reuters) -Wall Street banks have hired dozens of senior executives in recent months, as improved economic sentiment has spurred mergers and IPOs after a lull earlier in the year due to concerns over the effect of U.S. tariffs. The surge in job-hopping, which typically occurs…
SHANGHAI (Reuters) -China proposed rules for internet platform pricing on Saturday, seeking public comment after a raft of complaints by merchants and consumers of unfair or misleading pricing by big platforms. The draft rules for platforms selling goods or services are meant to encourage price transparency and fairness, the National Development and Reform Commission said…
