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A major question for the Supreme Court: Will it treat Trump as it did Biden?

WASHINGTON (AP) — A major question hangs over the Supreme Court’s closely watched case on President Donald Trump’s far-reaching tariffs: Will the conservative majority hold the Republican president to the same exacting standards it used to limit his Democratic predecessor, Joe Biden? Key legal ...
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Tariffs, TACOs, and dollars: global markets in a year of Trump 2.0

By Canan Sevgili, Paolo Laudani, Vera Dvorakova and Alessandro Parodi (Reuters) -In the year since Donald Trump’s election as U.S. president, global financial markets have had to navigate policy shocks and unprecedented uncertainty and high volatility, with stocks, gold and crypto hitting record highs. ...
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Geely plans to use former SAIC-GM plant in China to make clean energy vehicles, source says

SHANGHAI (Reuters) -China’s Geely Holding Group will use a factory once owned by SAIC Motor and U.S. partner General Motors in the northeastern city of Shenyang to produce clean energy vehicles, said a person with direct knowledge of the plan. The Chinese automaker has held ...
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Chinese buyers purchase Brazilian soybeans as prices ease over US-China trade thaw

By Naveen Thukral and Ella Cao SINGAPORE/BEIJING (Reuters) -Chinese soybean importers have stepped up purchases of Brazilian cargoes in recent days as South American prices eased on expectations a U.S.-China trade deal will lead to a resumption of U.S. sales to the world’s largest soybean ...
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Exclusive-Glencore plans to shut Canada’s largest copper metal operation over costs

By Pratima Desai LONDON (Reuters) -Glencore is planning to close its Horne smelter, Canada’s largest copper metal-producing operation, due to environmental issues and the millions of dollars needed to upgrade the facility, two sources with knowledge of the matter said. The London-listed miner does not disclose ...
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Kimberly-Clark to buy Kenvue in $48.7 billion deal

(Reuters) -Kimberly-Clark said on Monday it will buy Tylenol maker Kenvue in a cash-and-stock deal valued at about $48.7 billion, to create one of the biggest consumer health goods companies in the United States. Shares of Kenvue were up 18% in premarket trading, while Kimberly-Clark’s ...
https://www.osfhealthcare.org/c/only-at-osf-w
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Petrobras approves redundancy program targeting 1,100 workers

SAO PAULO (Reuters) -Brazilian state-run oil firm Petrobras said on Monday that its board of directors has approved a new voluntary redundancy program targeting about 1,100 people. “The financial impact will be recognized in the financial statements as participation in the program becomes effective,” Petrobras ...
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Fed’s T-bill pivot expected to ease supply, but rate futures flag tight funding

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The Federal Reserve’s decision on Wednesday to begin winding down its long-running balance sheet runoff has done little to ease concerns about near-term liquidity strains in the roughly $4 trillion U.S. overnight repurchase market. U.S. repo futures continue to reflect ...
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Analysis-BofA CEO faces calls to boost returns, dealmaking as investors gather

By Saeed Azhar NEW YORK (Reuters) -As Bank of America executives step on stage on Wednesday to address investors, they face pressure to boost returns through dealmaking and wealth management to catch up with larger rival JPMorgan Chase.   ...
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Bank of England likely to slow rate-cut cycle this week

By David Milliken LONDON (Reuters) -The Bank of England looks likely to keep interest rates on hold on Thursday, slowing its pace of cuts for the first time since it started to loosen policy last year, although some analysts do now expect a reduction after ...
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South Korea factory output contracts in Oct, PMI shows

SEOUL (Reuters) -South Korea’s factory activity contracted in October after briefly expanding a month earlier as businesses remained cautious amid a global outlook clouded by Washington’s tariff policies. The Purchasing Managers Index (PMI) for manufacturers in Asia’s fourth-largest economy, released by S&P Global, fell to ...
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Australia’s Optus CEO apologises for emergency line outage, refuses to stand down

SYDNEY (Reuters) -The CEO of Singapore Telecommunications-owned Optus apologised to Australia’s parliament for an emergency number outage that was linked to four deaths but declined to stand down, citing a need for stability. *Stephen Rue started in the role a year ago following a massive ...
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