Reuters US Business

US clears way for $8 billion Paramount-Skydance merger

By Dawn Chmielewski, David Shepardson and Lisa Richwine (Reuters) -The $8.4 billion merger between Paramount Global and Skydance Media won approval from U.S. regulators on Thursday, clearing the way for a sale that evolved into a clash over press freedom in the era of President Donald Trump. The deal will put well-known entertainment properties including …

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Brazil scrambles as U.S. tariff deadline looms, talks stall

By Luciana Magalhaes, Lisandra Paraguassu, Bernardo Caram and Ana Mano SAO PAULO (Reuters) -Brazil is scrambling to avert punishing 50% U.S. tariffs in a week’s time, but high level talks are stalled and U.S. companies are reluctant to confront U.S. President Donald Trump over the issue, officials and industry leaders say. Trump linked the tariffs, …

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Trump says US may not have a negotiated trade deal with Canada

WASHINGTON (Reuters) -The United States may not reach a negotiated trade deal with Canada, U.S. President Donald Trump said on Friday, suggesting his administration could set a tariff rate unilaterally. Trump, speaking to reporters as he left the White House for a trip to Scotland, said, “We haven’t really had a lot of luck with …

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Global equity funds draw weekly inflows on trade deal optimism

(Reuters) -Inflows into global equity funds picked up again in the week through July 23 as optimism over U.S. trade deals, stronger than expected U.S. economic reports and an encouraging start to the corporate earnings season boosted risk sentiment. Global investors snapped up a net $8.71 billion worth of equity funds during the week, reversing …

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US economic data quality a worry, authorities not acting urgently enough, experts say- Reuters poll

By Sarupya Ganguly and Indradip Ghosh BENGALURU (Reuters) – Risks to the quality of official U.S. economic data – long seen as the gold standard – are worrying 89 of 100 top policy experts polled by Reuters, with most also concerned that the authorities are not addressing the issue urgently enough. A decline in official …

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US Gulf refiners seek MidEast, S.American oil to offset Venezuela, Mexico losses

By Arathy Somasekhar HOUSTON (Reuters) -U.S. Gulf Coast refiners are snapping up higher volumes of Middle Eastern and South American crudes to offset the loss of Venezuelan and Mexican barrels, according to ship tracking data, a workaround solution that might be short-lived if the U.S. allows some sanctioned Venezuelan crude to return to the market. …

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Baking giant Bimbo vows to cut artificial colorings by end-2026

(Corrects attribution in paragraph 7 to CEO, not CFO) By Sarah Morland MEXICO CITY (Reuters) -Grupo Bimbo, one of the world’s largest breadmakers, said on Thursday it would cut artificial colorings from all of its products by the end of next year, as consumers turn more health-conscious when shopping for staple foods. Shorter term, executives …

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