Nvidia earnings to reveal hit from US export curbs on China
By Arsheeya Bajwa(Reuters) – Nvidia investors will look for definitive answers on how much U.S. chip curbs on China will cost the company when it reports results on Wednesday, even as a pullback in other regulations is expected to open up new markets.In a fresh...
Trump’s tariff blitz prompts ‘firefighting’ response from Fed researchers
By Howard Schneider, Ann SaphirWASHINGTON/SAN FRANCISCO (Reuters) -U.S. Federal Reserve staffers have scrambled since January to decipher what Trump administration trade policies will mean for the economy, with published tallies of potential income losses, inflation...
Palestinians to raise flag at WHO for the first time after vote
By Emma FargeGENEVA (Reuters) -The Palestinian delegation won the right to fly their flag at the World Health Organization after a symbolic victory in a vote on Monday that its envoy hopes will lead to greater recognition within the United Nations and beyond.The...
Trump’s backing for Nippon’s US Steel bid leaves key questions unanswered
By Mariko Katsumura and Yuka ObayashiTOKYO (Reuters) -U.S. President Donald Trump’s comments supporting Nippon Steel’s $14.9 billion bid for U.S. Steel left lingering questions about the scope of the deal and its costs for the Japanese firm, leading to...
China auto shares sink after BYD offers trade-in incentives
SHANGHAI (Reuters) -Shares in Chinese automakers such as BYD, Nio and Geely tumbled on Monday after industry leader BYD offered fresh incentives on over 20 models and the CEO of Great Wall Motors warned that the world’s largest auto industry was in an unhealthy...China shifts from developing world’s banker to debt collector, says Lowy Institute
SYDNEY (Reuters) -The world’s poorest countries are due to make record debt repayments to China in 2025 on loans extended a decade earlier at the peak of Beijing’s Belt and Road Initiative, a report by the Sydney-based Lowy Institute think tank said on...
US special envoy praises Syrian leader’s steps on foreign fighters
WASHINGTON (Reuters) -U.S. President Donald Trump’s special envoy to Syria on Saturday said he met with Syrian President Ahmed al-Sharaa and commended the leader’s steps taken regarding foreign fighters and relations with Israel.Thomas Barrack, a special...
Exclusive-FEMA chief was set to be fired before public break with Trump
By Nathan Layne and Ted HessonWASHINGTON (Reuters) -Before Cameron Hamilton headed to Capitol Hill on May 7 to testify about the Federal Emergency Management Agency he was leading, the former Navy SEAL cleaned out his desk, knowing that he would soon be fired.That...