Exclusive-Proposed US port fees on China-built ships begins choking coal, agriculture exports
By Lisa Baertlein, Karl Plume and Timothy GardnerLOS ANGELES/CARLSBAD, Calififornia (Reuters) -President Donald Trump’s plan to revive U.S. shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S. coal inventories to swell...
NASA may require Boeing’s Starliner to fly third uncrewed test
By Joey RouletteWASHINGTON (Reuters) – Boeing’s troubled Starliner capsule that left two NASA astronauts on the International Space Station last year may need to fly a third uncrewed test flight before it carries astronauts again, agency officials said as...
XPeng sees better-than-expected quarterly revenue on new markets, cheaper SUVs
(Reuters) – Chinese electric vehicle maker XPeng on Tuesday forecast first-quarter revenue above estimates, betting on the launch of its lower-priced G6 and G9 SUV models as well as its foray into European markets.China has a hyper-competitive EV market where...
US homebuilding, manufacturing surge; tariffs cast pall over recovery
By Lucia MutikaniWASHINGTON (Reuters) – U.S. single-family homebuilding rebounded sharply in February amid a thaw in winter weather while production at factories surged, but rising prices for raw materials because of tariffs threaten the nascent housing market...
Putin urges officials not to freeze Russian economy in ‘cryotherapy chamber’
By Darya Korsunskaya and Gleb BryanskiMOSCOW (Reuters) – Russian President Vladimir Putin urged his economic officials on Tuesday not to freeze the Russian economy as if it were in a “cryotherapy chamber” with their tight monetary policy ahead of...
Canada’s inflation jumps to eight-month high as sales tax break ends
By Promit MukherjeeOTTAWA (Reuters) -Canada’s annual inflation rate showed a surprise jump to 2.6% in February, surpassing expectations as a sales tax break that ended in the middle of last month pushed prices higher amid an already broad-based increase, data...US import prices increase solidly in February
WASHINGTON (Reuters) – U.S. import prices unexpectedly rose in February amid higher costs for consumer goods, which does not bode well for the inflation outlook.Import prices increased 0.4% last month, matching January’s upwardly revised gain, the Labor...
Adobe rolls out AI agents for online marketing tools
By Stephen NellisSAN FRANCISCO (Reuters) – Adobe on Tuesday said it is rolling out artificial intelligence “agents” that brands can use to help consumers navigate their websites.Adobe is known for consumer apps such as Photoshop but also sells a...