Clear 32°. Wind Chill: 26°. Wind: SE 6 mph.
Loading advertisement…
Trending: CBS postpones ’60 Minutes’ report on El Salvador’s CECOT prison
HomeNewsNationalBusiness ( Page 216)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

China shows no sign of backing down while issuing call for US to withdraw tariff threat

BANGKOK (AP) — China did not back down Monday in a back-and-forth with the U.S. over trade, calling for U.S. President Donald Trump to withdraw his latest threat of a 100% tariff and other export control measures announced over the weekend. In the latest escalation ...
by

Madagascar president to make a speech after soldiers turned against the government in apparent coup

ANTANANARIVO, Madagascar (AP) — Madagascar President Andry Rajoelina was due to make a speech on national television on Monday after an elite military unit turned against the government in an apparent coup in the Indian Ocean nation and called for Rajoelina to step down. Rajoelina’s ...
by

Revived US trade war set to knock China’s stocks from lofty peaks

HONG KONG/SHANGHAI (Reuters) -China stocks are set to come under pressure on Monday as the renewed trade war between Washington and Beijing hits risk appetite and spurs profit-taking in a share market hovering near its highest level in a decade. However, investors and analysts expect ...
by

Oil rebounds 1% after sharp losses on US-China tensions

By Florence Tan SINGAPORE (Reuters) -Oil prices clawed back some gains on Monday after hitting five-month lows in the previous session as investors hoped potential talks between the presidents of the U.S. and China could ease trade tensions between the world’s two largest economies and ...
by

Treasury Wine sinks to decade-low after buyback halt, withdrawal of 2026 profit forecast

(Reuters) -Shares of Treasury Wine Estates slumped on Monday to their lowest point in more than 10 years after the Australian winemaker suspended its A$200 million ($130.02 million) share buyback plan and withdrew EBITS growth outlook for fiscal 2026. The decision comes in response to ...
by

Australia’s ANZ to end buyback but maintain dividend as part of strategy reset

SYDNEY (Reuters) -Australia’s ANZ Group said it would stop the remaining A$800 million ($520 million) of its share buyback but maintain its dividend as newly appointed CEO Nuno Matos moves to preserve more cash and shifts focus to a bold reset of the bank’s ...
Loading advertisement…
by

Samsung set for highest Q3 profit in three years as AI demand lifts chip prices

By Heekyong Yang SEOUL (Reuters) -Samsung Electronics is expected to post its highest third-quarter profit since 2022, driven by higher memory chip prices supported by server demand as customers rebuild inventories, analysts’ estimates showed. The world’s biggest maker of memory chips is projected to ...
by

Chinese food and beverage firms flock to Singapore as first step in expansion drive

By Claire Fu and Xinghui Kok SINGAPORE (Reuters) -A record number of Chinese restaurants and cafes have flooded Singapore over the past year, using the island as a test bed for global expansion as they escape pallid consumer demand, extreme price competition and super-squeezed profit ...
by

Wall St futures bounce as risk mood steadies, Asia still shaky

By Wayne Cole SYDNEY (Reuters) -Asian stocks were set for a rocky start on Monday after fresh broadsides in the U.S. China trade war spooked markets with already stretched valuations, though there were signs risk sentiment had steadied with Wall St futures bouncing. A holiday in ...
by

LG Energy Solution says Q3 operating profit likely up 34%

SEOUL (Reuters) -LG Energy Solution, an electric car battery supplier for Tesla and General Motors, said on Monday its third-quarter operating profit likely rose 34% to 601 billion won ($420 million) from a year earlier. That compared with 448 billion won in profit a ...
by

Caterpillar to acquire Australia’s RPMGlobal for $728 million

(Reuters) -Australian mining software firm RPMGlobal said on Monday that it has struck a deal to be acquired by heavy machinery giant Caterpillar for a total equity value of A$1.12 billion ($728.22 million).  The news comes after Caterpillar had offered to buy the Australian company ...
by

Exclusive-Warburg Pincus nears deal to buy Germany’s PSI for more than 700 million euros, sources say

By Alexander Hübner and Christoph Steitz MUNICH/FRANKFURT (Reuters) -Private equity firm Warburg Pincus is nearing a deal to buy German software maker PSI Software in a deal worth more than 700 million euros ($813 million), two people familiar with the matter said. The transaction would value ...
First Previous212213214215216217218219220Next Last