US imposes fresh sanctions targeting Iran oil trade, Hezbollah
By Timothy Gardner and Brendan O’Brien WASHINGTON (Reuters) -The U.S. imposed sanctions on Thursday against a network that smuggles Iranian…
Summit, AstraZeneca in talks over $15 billion cancer drug licensing deal, Bloomberg News reports
(Reuters) -AstraZeneca is in talks with Summit Therapeutics to license an experimental lung-cancer drug under a deal worth as much…
For retailers, US-Vietnam trade deal leaves questions
By Helen Reid LONDON (Reuters) -A trade deal announced by the U.S. and Vietnam creates new question marks for sportswear…
Universal’s Virgin Music CEOs push back against critics of Downtown Music deal
By Foo Yun Chee BRUSSELS (Reuters) -The two co-chief executives of Universal Music Group’s Virgin Music Group on Thursday pushed…
Trump touts deal to put 20% tariff on Vietnam’s exports
By Trevor Hunnicutt and Khanh Vu WASHINGTON/HANOI (Reuters) -The United States will place a lower-than-promised 20% tariff on many Vietnamese…
Tesla deliveries slump, Musk’s EV maker stares at second year of falling sales
By Akash Sriram (Reuters) -Tesla is headed for another year of shrinking sales after it posted a second straight drop…
Factbox-How the Republican spending bill super-charges immigration enforcement
By Ted Hesson WASHINGTON (Reuters) -The major tax-cut and spending bill that Republicans hope to bring to final passage in…
Microsoft to cut about 4% of jobs amid hefty AI bets
(Reuters) -Microsoft will lay off nearly 4% of its workforce, the company said on Wednesday, in the latest job cuts…
Trump says he wants interest rate cut to 1%, would ‘love’ if Powell resigned
By Trevor Hunnicutt and Kanishka Singh WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday he would “love” if Federal…
OpenAI turns to Google’s AI chips to power its products, The Information reports
(Reuters) -OpenAI has recently begun renting Google’s artificial intelligence chips to power ChatGPT and other products, The Information reported on…