By Joe Cash BEIJING (Reuters) – As Donald Trump steps up his tariff threats against China, Beijing is moving to beat the next U.S. president to the punch with its own restrictions and get Washington to the negotiating table ahead of a full-blown trade war, analysts say. Armed with the lessons of the last trade …
Analysis-China eyes negotiations as Trump threatens new tariffs Read More »
(Reuters) – Embattled Australian casino operator Star Entertainment on Friday said the CEO of its Star Gold Coast casino has resigned just three months into the job and days after the casino’s license suspension was extended until March. Mark Mackay was appointed as the chief executive officer of Queensland-based Star Gold Coast in September to …
Australian Star Entertainment’s Gold Coast casino chief exits Read More »
By Ananya Mariam Rajesh (Reuters) -Costco Wholesale beat first-quarter revenue and profit expectations on Thursday as its bulk and discounted offerings, appealing to budget-conscious American shoppers, drove early holiday-season sales growth for the membership-only retailer. The company’s shares, which are up 51% so far this year, rose nearly 1% in extended trading. The retail chain, …
Costco tops quarterly sales, profit estimates on steady early holiday demand Read More »
TOKYO (Reuters) – Japan’s core consumer price inflation probably accelerated in November, driven by persistently high rice prices and the phasing out of utility subsidies, a Reuters poll showed on Friday. The core consumer price index (CPI), which includes oil products but excludes fresh food prices, was expected to have risen 2.6% in November from …
Japan Nov inflation likely accelerated, exports up on weak yen: Reuters poll Read More »
(Reuters) – Amazon is donating $1 million to U.S. President-elect Donald Trump’s inaugural fund and the company will air the event on its Prime Video service, an Amazon spokesperson said on Thursday. The Prime Video represents an in-kind donation worth another $1 million, the spokesperson said. The donations were first reported by the Wall Street …
Amazon donating $1 million to Trump inaugural fund, to air event on Prime Video Read More »
(Reuters) -U.S. President-elect Donald Trump’s transition team is exploring ways to significantly reduce, merge, or even eliminate the top bank regulators in Washington, the Wall Street Journal reported on Thursday citing people familiar with the matter. Trump advisers and officials from the newly established Department of Government Efficiency (DOGE) inquired about the possibility of abolishing …
Trump advisers seek to shrink or eliminate bank regulators, WSJ reports Read More »
MEXICO CITY (Reuters) – Mexico’s Senate on Thursday approved reforms to improve conditions for drivers with ride-hailing and delivery services such as DiDi, Rappi and Uber, ensuring access to social security and a Christmas bonus, among other benefits. The reform passed unanimously with 113 votes in favor, and will be forwarded to the executive power …
Mexican senate approves work benefits for app drivers Read More »
By Lisa Baertlein and Eric Beech LOS ANGELES/WASHINGTON (Reuters) -U.S. President-elect Donald Trump on Thursday appeared to back the anti-automation stance of some 45,000 union dockworkers on the U.S. East and Gulf Coasts, whose labor talks are at an impasse over that polarizing issue. The ILA and the United States Maritime Alliance (USMX) employer group …
Trump signals support for US dockworkers in stalled labor talks Read More »
WASHINGTON (Reuters) -Wall Street brokerage Cantor Fitzgerald has agreed to pay a $6.75 million penalty to settle Securities and Exchange Commission charges that it misled investors in blank-check companies it controlled, the regulator said on Thursday. “No investor was ever harmed by the alleged issues described in the order,” Cantor Fitzgerald said in a statement. …
(Reuters) – Meta said on Thursday it was releasing an artificial intelligence model called Meta Motivo, which could control the movements of a human-like digital agent, with the potential to enhance Metaverse experience. The company has been plowing tens of billions of dollars into its investments in AI, augmented reality and other Metaverse technologies, driving …
Meta releases AI model to enhance Metaverse experience Read More »
