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BEIJING (Reuters) – China’s factory activity grew at a slower pace in January, while staffing levels fell at the quickest pace in nearly five years as trade uncertainties increased, a private-sector business survey showed on Monday. The Caixin/S&P Global manufacturing PMI slipped to 50.1 in January from 50.5 the previous month, missing analysts’ forecasts in …

China factory activity growth slows in January, Caixin PMI shows Read More »

(Reuters) -Generative artificial intelligence heavyweight OpenAI launched a new AI tool on Sunday called “deep research”, which it said conducts multi-step research on the internet for complex tasks. Deep research is powered by a version of the upcoming OpenAI o3 model optimized for web browsing and data analysis. Users have to give a prompt and …

OpenAI launches new AI tool to facilitate research tasks Read More »

By Suzanne McGee and Isla Binnie NEW YORK (Reuters) -Global markets buckled up for a turbulent session on Monday after U.S. President Donald Trump launched a trade war with sweeping tariffs on Canada, Mexico and China that threaten to undermine economic growth and reignite inflation. U.S. stock futures slumped in early Asian hours, with Nasdaq …

Wall Street girds for market impact of Trump tariffs Read More »

By Siddharth Cavale (Reuters) -For North American companies, the “wait and see” moment on tariffs is over. U.S. President Donald Trump imposed a 25% levy on goods from Canada and Mexico, along with a 10% tariff on China, in what could be the opening stages of a full-scale trade war likely to create new headaches …

North American companies brace for fallout from Trump tariffs Read More »

By Promit Mukherjee OTTAWA (Reuters) -Canada will retaliate against President Donald Trump’s new tariffs with 25% levies on a raft of U.S. imports, Prime Minister Justin Trudeau said on Saturday, warning Americans that Trump’s actions would have real consequences for them. As relations between the long-time allies who share the world’s longest land border reach …

Canada announces retaliatory tariffs on long-time ally US Read More »

By Davide Barbuscia NEW YORK (Reuters) -U.S. investors rattled by this week’s sharp tech sell-off will closely watch upcoming jobs data for signs of continued economic resilience, which could fuel inflationary concerns already stoked by President Donald Trump’s policies. The January nonfarm payrolls report due next week will signal whether the labor market remains buoyant …

Tech sell-off jolts investors as jobs data looms Read More »