Tesla, chips, and banks tumble as China’s retaliation stokes fears of widening trade war
By Deborah Mary Sophia (Reuters) -U.S. chip companies, banks and oil majors fell sharply on Friday after China retaliated to…
Year: 2025
Microsoft, turning 50, dials up Copilot actions to stay in AI game
By Jeffrey Dastin REDMOND, Wash (Reuters) -Thousands of people swooned in a dark conference hall that felt more like a…
Oil plunges to lowest since pandemic; natural gas, soy slump as China retaliates
By Anna Hirtenstein (Reuters) – Oil prices plunged on Friday to the lowest level since 2021 and commodities including natural…
Elon Musk can stay ‘as long as he likes’ but will want to get back to businesses, says Trump
By Trevor Hunnicutt ABOARD AIR FORCE ONE (Reuters) – President Donald Trump gave billionaire adviser Elon Musk a fresh endorsement…
Trump’s tariffs are largest US tax hike since 1968, JPM warns
NEW YORK (Reuters) – U.S. President Donald Trump’s cumulative tariff hikes amount to about 22%, which would be equivalent to…
US Senate committee opens review into Meta efforts to gain Chinese market access
By David Shepardson WASHINGTON (Reuters) -A U.S. Senate investigative subcommittee on Tuesday opened a review into efforts by Facebook parent…
US first-quarter auto sales get a lift from looming Trump tariffs
By Nathan Gomes (Reuters) -U.S. buyers snapped up more pickup trucks and sport-utility vehicles in the first quarter from a…
Exclusive-BHP considered spinning off iron ore, coal divisions
By Melanie Burton MELBOURNE (Reuters) – The world’s biggest listed miner BHP Group considered spinning off its Australian iron ore…
Meta signs multi-year partnership with UFC
(Reuters) – Meta Platforms has signed a multi-year deal to become the first “official fan technology partner” of Ultimate Fighting…
Pre-tariff cars at US dealer lots a buffer against price hikes
By Nick Carey and Nora Eckert LONDON/DETROIT (Reuters) – Automakers with plenty of cars on dealer lots have a time…