By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -President Donald Trump’s pause on some of his new import taxes may…
Auto suppliers Novares, Valeo demand upfront payment to cover tariff cost
PARIS (Reuters) – French automotive suppliers Novares and Valeo are asking customers to cover the full cost of new U.S.…
Goldman cuts US auto sales estimate by nearly 1 million units due to tariffs
(Reuters) – Goldman Sachs on Thursday cut its estimate for automobile sales in the U.S. for this year by nearly…
Amazon CEO sets out AI investment mission in annual shareholder letter
By Greg Bensinger and Deborah Mary Sophia (Reuters) – Amazon chief executive Andy Jassy on Thursday justified the company’s billions…
Trump says TikTok deal is still ‘on the table’
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday said a potential deal to spin off the U.S. assets of…
Musk’s xAI increased Tennessee gas turbines without permits, community groups say
(Reuters) -Elon Musk’s xAI has nearly doubled gas turbines at its Tennessee data center, exceeding previously known figures and surpassing…
Magnificent Seven to add more than $1 trillion in value after Trump pauses some tariffs
By Aditya Soni (Reuters) -The “Magnificent Seven” stocks were poised to gain more than $1 trillion in market value on…
Wall Street bosses fear anti-American backlash as Trump’s trade war intensifies
By Lananh Nguyen and Sinead Cruise NEW YORK/LONDON (Reuters) – Wall Street bosses are girding for Europe to sideline American…
Gold ETFs drew largest inflow in three years in Q1, says WGC
LONDON (Reuters) – Physically backed gold exchange-traded funds (ETFs) registered the largest quarterly inflow in three years in January-March, 2025,…
Crypto firm Ripple to buy prime broker Hidden Road for $1.25 billion
(Reuters) – Ripple said on Tuesday it will buy multi-asset prime broker Hidden Road in a $1.25 billion deal, making…