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Stocks fall as Trump threatens tariffs on European countries over Greenland

(NEW YORK) -- Stocks tumbled in trading on Tuesday as President Donald Trump threatened tariffs on multiple European countries as part of a push for U.S. control of Greenland.The Dow Jones Industrial Average fell 660 points, or 1.3%, by early afternoon, while the S&P ...
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US bank stocks fall as investors weigh credit card rate cap deadline

Jan 20 (Reuters) - U.S. bank stocks fell in morning trading on Tuesday in a broader market decline, as investors awaited clarity on whether the Trump administration's January 20 deadline to implement a 10% cap on credit card interest rates will take effect. The administration ...
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The new ‘Be The People’ campaign wants to unite hundreds of millions of Americans to solve problems

As the official celebrations of the 250th anniversary of the signing of the Declaration of Independence culminate on July 4, a well-financed, privately funded initiative will kick off to try to connect hundreds of millions of Americans with efforts to solve local problems. The ...
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Danish pension fund to divest its U.S. Treasuries

COPENHAGEN, Jan 20 (Reuters) - Danish pension fund AkademikerPension said on Tuesday it would sell off its holding of U.S. Treasuries, worth some $100 million, by the end of this month, blaming weak U.S. government finances. AkademikerPension said the decision was not intended as a ...
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Edinburgh Worldwide shareholders reject Saba Capital proposals for board overhaul

Jan 20 (Reuters) - Edinburgh Worldwide Investment Trust said on Tuesday its shareholders have rejected all resolutions proposed by top shareholder Saba Capital to replace its entire board. Of the total votes cast, 53.2% were against the proposals by Boaz Weinstein's hedge fund at a ...
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Global investors hit ‘hyper-bull’ as hedging collapses, says BofA survey

MILAN, Jan 20 (Reuters) - Global fund managers are the most bullish since July 2021, January's Bank of America survey showed on Tuesday, with growth optimism jumping and cash levels sinking to a record low 3.2%. BofA's Bull & Bear Indicator surged to a ...
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QinetiQ to align US business with Trump’s defense priorities

Jan 20 (Reuters) - British defence and security group QinetiQ said on Tuesday it is aligning its U.S. business to the administration's priorities, after President Donald Trump's recent call for sweeping changes to America's defense industry. Earlier this month, Trump called for a substantial increase ...
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Lamborghini flags record deliveries at 10,747 cars in 2025 worldwide

Jan 20 (Reuters) - Italian luxury sports carmaker Lamborghini said on Tuesday it delivered 10,747 vehicles worldwide in 2025, slightly improving on its prior-year performance and achieving an all-time record. Lamborghini, part of Germany's Volkswagen group, attributed the strong performance to its hybridisation strategy and ...
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Trump threatens 200% tariffs on French wines to get Macron on Board of Peace

By Nandita Bose and Bo Erickson WASHINGTON/PARIS, Jan 20 (Reuters) - U.S. President Donald Trump threatened to hit French wines and champagnes with 200% tariffs in an apparent effort to cajole French President Emmanuel Macron into joining his Board of Peace initiative aimed at resolving ...
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Islamic State group claims attack on a Kabul restaurant that killed 7, including a Chinese national

KABUL, Afghanistan (AP) - The Islamic State group has claimed responsibility for an explosion at a Chinese restaurant in Afghanistan's capital that killed at least seven people, including a Chinese national. The cause of the blast was still under investigation, authorities said Tuesday. The militant ...
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BOJ to signal more rate hikes as yen, politics fuel inflation risks

By Leika Kihara TOKYO, Jan 20 (Reuters) - The Bank of Japan is expected to raise its growth forecast on Friday and signal its readiness to hike interest rates further, as recent yen falls and prospects of solid wage gains keep policymakers alert to containing ...
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China plans new measures to spur consumption, shifts focus to services

BEIJING, Jan 20 (Reuters) - China plans to roll out new policies for 2026 to 2030 to spur domestic consumption and tackle "prominent" supply-demand imbalances, with the services sector becoming a key focus, the country's state planner said on Tuesday. Chinese leaders have pledged to ...
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