By Phil Stewart and Idrees Ali WASHINGTON (Reuters) – During his campaign for re-election, Donald Trump vowed to purge the…
Month: November 2024
China steelmakers gird for indirect Trump tariffs hit
By Amy Lv and Tony Munroe BEIJING/SINGAPORE (Reuters) – China’s steel industry, already struggling with overcapacity and weak domestic demand,…
TSMC to suspend production of advanced AI chips for China from Monday, FT reports
(Reuters) -Taiwan Semiconductor Manufacturing Co (TSMC) has notified Chinese chip design companies that it is suspending production of their most…
American Airlines loses US appeal of ruling barring JetBlue alliance
By Nate Raymond and David Shepardson (Reuters) -A U.S. appeals court on Friday held that a trial judge correctly found…
Ackman wants to move Pershing Square, UMG from Amsterdam after attacks
AMSTERDAM (Reuters) – Billionaire Bill Ackman said on Friday he would seek to delist investment firm Pershing Square Holdings and…
Datadog raises annual forecast betting on AI-driven cybersecurity demand
(Reuters) – Cloud monitoring firm Datadog raised its annual revenue and profit forecasts on Thursday, betting on accelerating demand for…
Block revenue misses Street expectation, shares slide
(Reuters) -Payments firm Block’s third-quarter revenue fell short of Wall Street expectations on Thursday, signaling a slowdown in consumer spending…
Putin praises Trump, says Russia is ready for dialogue
By Vladimir Soldatkin and Guy Faulconbridge SOCHI, Russia (Reuters) -Russian President Vladimir Putin on Thursday congratulated Donald Trump on winning…
US rate futures price in more Fed easing in December and 2025
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Futures on the federal funds rate, which measure the cost of unsecured overnight…
Tesla investors lose bid for new US trial over Musk’s 2018 tweets
By Nate Raymond (Reuters) – A U.S. appeals court on Wednesday upheld a jury’s verdict clearing Tesla CEO Elon Musk…