Mainly Cloudy 45°. Wind: E 5 mph.
Loading advertisement…
Trending: Flash flood, thunderstorm alerts in effect for California with heavy rain expected to last days
HomeNewsNationalBusiness ( Page 363)

Business

Subscribe to the Business News Feed.
SHARE NOW
by

The cork in your wine bottle is one of very few products that dodged Trump’s tariffs

RIO FRIO, Portugal (AP) — U.S. winemakers have something to celebrate: the corks they’re popping aren’t subject to tariffs. Cork comes from the spongy bark of the cork oak tree, which is primarily grown and harvested in the Mediterranean basin. The framework trade agreement between ...
by

India’s solar industry, aiming to compete with China, finds strength as US tariffs hit home

JAIPUR, India (AP) — On the edge of Jaipur, an Indian city known for its colorful bazaars and palaces, a bustling industrial complex is the epicenter of the country’s push to compete with China in making components for solar technology. India, the world’s most ...
by

Exclusive-JX Advanced Metals to cut copper output, smelting capacity as margins erode

By Yuka Obayashi and Kentaro Okasaka TOKYO (Reuters) -JX Advanced Metals will likely cut copper production by tens of thousands of metric tons in fiscal 2025 from earlier plans and unveil a roadmap to scale down smelting capacity by March, President Yoichi Hayashi said, as ...
by

Asian stocks track Wall Street higher, bond yields ease before US payrolls

By Kevin Buckland TOKYO (Reuters) -Asian stocks tracked Wall Street’s rise to a record high and Treasury yields eased to four-month lows on Friday as traders cemented bets for the Federal Reserve to cut rates this month, even with crucial U.S. jobs data looming later ...
by

BMW CEO calls EU’s 2035 combustion engine ban a ‘big mistake’, sees strong 2025 sales

BERLIN (Reuters) -BMW Chief Executive Oliver Zipse said the European Union’s planned phase-out of combustion engines by 2035 was a “big mistake”, calling for a shift to emission measures that capture a vehicle’s entire supply chain. Zipse said in an interview with Politico, published on ...
by

Qantas trims executive bonuses by 15% for fiscal 2025 over cyber hack

(Reuters) -Australia’s Qantas Airways has cut short-term bonuses for its top executives and CEO by 15% in fiscal 2025 after a cyber hack earlier this year exposed millions of customer records, the company’s annual report showed on Friday. In July, the country’s flag carrier said ...
Loading advertisement…
by

Dollar holds ground as bonds find footing, jobs data looms

By Rocky Swift TOKYO (Reuters) -The dollar mostly held its ground on Friday as bond markets stabilised and traders awaited key U.S. jobs data expected to firm up the case for an interest rate cut by the Federal Reserve. The greenback inched up in U.S. hours ...
by

Founder of Indonesian payments platform Gojek arrested in connection with graft probe

JAKARTA, Indonesia (AP) — The co-founder of Indonesia’s payments platform and ride hailing company Gojek was arrested Thursday as part of an investigation into an alleged $115 million corruption scandal linked to the government’s procurement of Google Chromebook laptops for schools. Nadiem Anwar Makarim, 41, ...
by

Trump to impose tariffs on semiconductor imports from firms not moving production to US

By Jeff Mason and Kanishka Singh WASHINGTON (Reuters) -President Donald Trump said on Thursday his administration would impose tariffs on semiconductor imports from companies not shifting production to the U.S., speaking ahead of a dinner with major technology company CEOs. Since returning to office in January, ...
by

Exclusive-Starbucks China valued at about $5 billion by bidders, sources say

By Julie Zhu and Kane Wu HONG KONG (Reuters) -Most of the bidders seeking to buy a portion of Starbucks’ China operations have submitted offers valuing the business at as much as $5 billion, said two people who have knowledge of the deal discussions.  That quotation ...
by

OpenAI set to start mass production of its own AI chips with Broadcom, FT reports

(Reuters) -OpenAI is set to produce its own artificial intelligence chip for the first time next year, as the ChatGPT maker attempts to address insatiable demand for computing power and reduce its reliance on chip giant Nvidia, the Financial Times reported on Thursday. The chip, ...
by

Alaska Air converts part of Boeing 787-9 order to larger 787-10s, Air Current reports

(Reuters) -Alaska Air Group is converting part of its outstanding order for Boeing 787-9 jets to the larger 787-10 variant, aviation industry publication the Air Current reported on Thursday. The move reflects the airline’s post-Hawaiian integration strategy to meet growing demand on high-traffic routes, especially ...
First Previous359360361362363364365366367Next Last