Reuters US Business

By Rory Carroll LOS ANGELES (Reuters) -Major League Soccer has signed multiyear broadcast partnerships with South Korean streaming platform Coupang Play and sports network SPOTV to air Los Angeles FC matches across South Korea, the league said on Thursday. The agreements come on the heels of LAFC’s signing of South Korea captain Son Heung-min, a …

Soccer-MLS strikes South Korea broadcast deals after LAFC’s Son Heung-min signing Read More »

By Twesha Dikshit and Rashika Singh (Reuters) -Smaller U.S. defense firms have emerged as standout performers on Wall Street this year, fueled by surging demand for low-cost, next-generation military tech tailored for modern warfare and the Pentagon’s pivot toward agile and adaptable combat systems. Wars in Ukraine and Gaza have spurred a rise in military …

Small US defense stocks soar on rush for next-gen battlefield tech Read More »

By Sheila Dang HOUSTON (Reuters) -Exxon Mobil is stepping up attacks against a European Union corporate sustainability law and has taken its concerns directly to U.S. President Donald Trump, warning that the regulation will lead to more businesses leaving Europe. The EU’s corporate sustainability due diligence directive, or CSDDD, was adopted last year and requires companies …

Exxon seeks US political help in call to quash EU climate law Read More »

By Maximilian Heath BUENOS AIRES (Reuters) -U.S. President Donald Trump’s trade war with China has reverberated in Argentina, denting the country’s massive soy crushing industry even though overall soybean sales hit a six-year high. Soaring exports of raw beans to China from the South American country have slowed supply to local processors. The paradox of …

Trump trade war fallout hits Argentine soy crushers despite export boom Read More »

By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets U.S. markets stumbled on Wednesday after the Federal Reserve delivered its expected first interest rate cut of the year, but stock futures roared back ahead of Thursday’s bell as further cautious easing was signaled …

Morning Bid: Wall St rallies after post-Fed hesitation Read More »

By Nora Eckert DETROIT (Reuters) -Automakers have been absorbing billions in added expenses since U.S. President Donald Trump’s tariffs took effect in April, sparing American car shoppers from sticker shock. So far.  Car prices were supposed to have bolted higher by now, auto executives and analysts  predicted. But that has not happened, mirroring some other …

Automakers have resisted raising car prices because of tariffs. That might not last Read More »

(Reuters) -A consortium led by Abu Dhabi National Oil Company on Wednesday withdrew its $18.7 billion offer to buy Australian gas producer Santos after months of wrangling over valuation and terms. The third failed bid for Santos in seven years underscores the hurdles to getting big transactions across the line in Australia, where disagreements over …

Factbox-Australia’s biggest takeover deals that fell apart Read More »

By Scott Murdoch and Christine Chen SYDNEY (Reuters) – Australian gas producer Santos’ shares fell nearly 14% on Thursday after a consortium led by Abu Dhabi National Oil Company scrapped its $18.7 billion bid for the company, saying commercial terms could not be agreed. While analysts raised concern about a third failed takeover bid for …

Santos stock slumps as $18.7 billion ADNOC-led deal collapses Read More »