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Analysis-Trade war with China casts dark cloud over new US LNG projects

By Curtis Williams HOUSTON (Reuters) – President Donald Trump’s emerging trade war with Beijing poses a new threat to billions of dollars in planned U.S. liquefied natural gas export projects, many of which rely on China as a key buyer, according to analysts, industry sources, and company filings. The threat reflects the double-edged nature of …

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EU lays out guidelines on misuse of AI by employers, websites and police

By Foo Yun Chee BRUSSELS (Reuters) – Employers will be banned from using artificial intelligence to track their staff’s emotions and websites will not be allowed to use it to trick users into spending money under EU AI guidelines announced on Tuesday. The guidelines from the European Commission come as companies grapple with the complexity …

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European shares rise with earnings in focus; tariff worries prevail

By Nikhil Sharma and Johann M Cherian (Reuters) -European shares edged higher on Tuesday, as investors shifted their focus to quarterly earnings reports from companies such as UBS, BNP Paribas and Ferrari among others, while caution prevailed about potential U.S. tariffs. The pan-European STOXX 600 index closed a choppy session up 0.3%.   Automobiles led sectoral …

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Musk effect? Tesla sales slump in five European markets in January

By Alessandro Parodi and Nick Carey (Reuters) – Tesla posted lower sales across five European countries in January, including the United Kingdom and France, as competitors with newer models gained on the electric vehicle maker and polls show public opinion souring on CEO Elon Musk. Musk has made a high-profile foray into politics, with much …

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De La Rue begins formal sale process after interest from Edi Truell’s consortium, others

(Refiles to add media packaging code, no changes to story text) (Reuters) -UK banknote printer De La Rue said on Tuesday it had commenced a formal sale process after it received preliminary takeover approaches from parties other than a consortium of British financier Edi Truell’s companies. Shares of the company rose as much as 8.7% …

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Intesa to keep “very, very far” from Italy’s bank M&A “confusion”

MILAN (Reuters) – Intesa Sanpaolo plans to steer clear of the merger and acquisition frenzy which has gripped domestic rivals, the chief executive of Italy’s biggest bank said on Tuesday. Speaking to analysts after Intesa reported 2024 results, CEO Carlo Messina said the bank would remain “very, very far from all this confusion that we …

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Exclusive-BP poised to invest up to $25 billion in Iraq’s Kirkuk oil and gas

By Aref Mohammed and Ahmed Rasheed BAGHDAD (Reuters) -Oil major BP is expected to spend up to $25 billion over the lifetime of a project to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil official told Reuters, as Baghdad seeks to win back foreign investment. Provided the deal is signed, which the …

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CNH Industrial forecasts lower 2025 profit, expects demand rebound by next year

By Abhinav Parmar (Reuters) -CNH Industrial on Tuesday forecast full-year profit below Wall Street’s estimates, and said it expects weak demand for farm equipments to bottom out by the year-end, before picking up in 2026. The Basildon, UK-based company expects sales to be lower year-over-year in both its agriculture and construction equipment markets in 2025. …

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