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Fishers celebrate Trump’s seafood order while conservation groups fear overfishing

PORTLAND, Maine (AP) — President Donald Trump’s executive order to boost the U.S. commercial fishing industry drew praise from commercial fishing groups and condemnation from environmental organizations who said they fear cutting regulations will harm fish populations that have already dwindled in some areas ...
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Bankers get creative to sign M&A deals in Trump’s trade war

By Milana Vinn, Amy-Jo Crowley and Abigail Summerville (Reuters) – After U.S. President Donald Trump’s tariffs sent global markets sideways, Silicon Valley private equity firm Silver Lake Partners added some new terms to a deal it had spent months negotiating with ...
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Ford halts shipments of vehicles to China amid tariffs, WSJ reports

(Reuters) -Ford Motor has halted shipments of its SUVs, pick-up trucks and sports cars to China in the wake of President Donald Trump’s tariffs, the Wall Street Journal reported on Friday, citing people familiar with the matter. The company this week halted shipments of its ...
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KKR among asset managers vying for Abu Dhabi’s district cooling business, sources say

By Hadeel Al Sayegh and Federico Maccioni DUBAI (Reuters) – KKR and I Squared Capital are among global asset managers bidding for a district cooling business owned by Abu Dhabi’s Multiply Group, part of a $1.5 trillion empire overseen by one ...
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Volvo to cut up to 800 US jobs as Trump’s tariffs bite

By Chris Prentice NEW YORK (Reuters) – Volvo Group plans to lay off as many as 800 workers at three U.S. facilities over the next three months due to market uncertainty and demand concerns in the face of President Donald Trump’s ...
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UK PM Starmer discussed trade with Trump, Downing Street says

(Reuters) – British Prime Minister Keir Starmer spoke with U.S. President Donald Trump, discussing trade between the two nations among other subjects including the situation in Ukraine and Iran, a Downing Street spokesperson said on Friday. Britain is hoping to strike ...
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With inflation progress slow, Fed’s Daly says rate cuts may need to wait

(Reuters) -San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable with a couple of interest rate cuts this year, rising risks of inflation mean the central bank may need to do less, especially given that uncertainty over ...
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Capital One, Discover deal approved by US bank regulators

By Chris Prentice and Saeed Azhar NEW YORK (Reuters) -U.S. banking regulators said on Friday they approved Capital One’s $35.3 billion purchase of Discover Financial Services , paving the way for the combined firms to become the nation’s eighth-largest bank. The deal has been closely watched ...
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Judge pauses Trump administration’s plans for mass layoffs at Consumer Financial Protection Bureau

WASHINGTON (AP) — A federal judge who blocked President Donald Trump’s administration from dismantling the Consumer Financial Protection Bureau ruled Friday that the bureau can’t go forward immediately with plans to mass fire hundreds of employees. U.S. District Judge Amy Berman Jackson said she is ...
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US banking regulators OK Capital One, Discover deal

By Chris Prentice and Saeed Azhar NEW YORK (Reuters) -The Federal Reserve and Office of the Comptroller of the Currency said on Friday they have approved the merger of Capital One and Discover, paving the way for the two firms to become the eighth-largest bank ...
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Petrobras approves tender to restart fertilizer plants in Brazil’s northeast, say sources

By Rodrigo Viga Gaier and Marta Nogueira RIO DE JANEIRO (Reuters) – The board of Brazilian state-run oil company Petrobras on Thursday approved plans to select a partner to restart operations at its fertilizer plants in northeastern Brazil, according to four ...
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Trump administration kicks off plan for expanded offshore drilling

(Reuters) -The U.S. Interior Department on Friday said it would begin taking public input for a new five-year offshore oil and gas leasing program that could include new zones in the Arctic and elsewhere to maximize energy development. President Donald Trump has ordered government agencies ...
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