Reuters US Business

U.S. health insurers seek largest jump in Obamacare premiums since 2018, study shows

By Christy Santhosh (Reuters) -U.S. insurers are requesting the biggest premium increases for Obamacare plans since 2018, according to an analysis by health-research firm KFF, prompted by the looming expiry of premium tax credits and potential tariffs on medical goods. Insurers are proposing a median premium increase of 15% for 2026, KFF said, citing data …

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Wizz Air to resume flights from Poland’s Modlin Airport

WARSAW (Reuters) -London-listed low-cost carrier Wizz Air will resume flights from Warsaw Modlin Airport in central Poland after a 13-year hiatus, with plans to deploy two aircraft there from December, operations officer Roland Tischner said on Friday. Wizz Air said on Monday it was closing down its Abu Dhabi operation, allowing it to relocate capacity …

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US equity funds see weekly outflows on tariff worries, inflation pressure

(Reuters) -U.S. equity funds again came under selling pressure through the week to July 16, dampened by worries over President Donald Trump’s tariff rhetoric and the buildup in inflationary pressure, potentially keeping the Federal Reserve cautious about a premature rate cut. Investors jettisoned a net $11.75 billion from U.S. equity funds during the week, reversing …

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Global equity funds see outflows on tariff concerns

(Reuters) -Global investors pulled money out of equity funds in the week through July 16 as U.S. President Donald Trump’s tariff threats and an inflation report indicating an increase in U.S. consumer prices, dampened risk sentiment. Investors withdrew a net $5.3 billion from global equity funds during the week, registering their first weekly net sales …

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Indonesia still negotiating details, exemptions on US tariff deal, official says

JAKARTA (Reuters) -Indonesia is still negotiating details of its recently-reached trade deal with the United States after Washington lowered tariff rates on the Southeast Asian country, and is pursuing exemptions for its exports of palm oil and nickel, an official said on Friday. The two countries reached a trade deal this week that led to a reduction …

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Analysis-US airlines reap rewards from premium travel strategy amid demand slump

By Rajesh Kumar Singh CHICAGO (Reuters) -U.S. airlines doubled down on high-end travel after the pandemic to drive up profits and reduce their vulnerability to economic swings. The strategy is paying off as the margins of carriers selling premium seats have held up despite a slump in overall travel demand. Strong demand from affluent travelers …

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Canada eyes Mercosur trade pact to reduce US reliance, minister says

By Promit Mukherjee OTTAWA (Reuters) -Canada’s International Trade Minister said on Thursday that there was interest from both sides to advance trade talks with South American bloc Mercosur, as Ottawa seeks new deals in a push to diversify from the U.S. Prime Minister Mark Carney and his team have been locked in talks with U.S. …

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Bank of Japan may offer less gloomy view of US tariff hit in report, sources say

By Leika Kihara TOKYO (Reuters) -The Bank of Japan will warn of uncertainty over the impact of U.S. tariffs in a quarterly report due this month, but may offer a less gloomy view on the near-term hit to Japan’s economy than three months ago, said three sources familiar with its thinking. With the BOJ set …

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China moves to encourage foreign reinvestment as FDI slumps

BEIJING (Reuters) -China has unveiled new measures to encourage overseas investors to reinvest their profits within the country, its latest efforts to reverse a decline in foreign direct investment. China has in recent months taken a series of measures to boost foreign investment, including opening more sectors to overseas investors, as rising trade tensions due …

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Wells Fargo suspends China travel after employee exit ban, source says

By Manya Saini, Nupur Anand and Suzanne McGee (Reuters) -Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a person familiar with the matter told Reuters on Thursday, causing broader anxiety about the risks of travel in the country. The U.S. banking giant’s Chenyue Mao was subjected …

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