Reuters US Business

By Lisa Baertlein LOS ANGELES (Reuters) -U.S. seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump’s administration to follow through on a promise to essentially ban that vital cargo-handling equipment. The United States Trade Representative (USTR) earlier this year proposed tariffs of up …

US port operators seek to mitigate hefty expected tariffs on China-built port cranes Read More »

(Reuters) -Skydance Media CEO David Ellison has held preliminary talks to acquire The Free Press, an online news outlet, the New York Times reported on Friday, citing people familiar with the matter. The news comes as Skydance is seeking to close its $8.4 billion merger with Paramount Global, which is awaiting approval from the U.S. …

Skydance in early talks to acquire The Free Press, NYT reports Read More »

By Karen Brettell (Reuters) -The U.S. Treasury Department on Friday asked primary dealers for input regarding how it should rebuild its cash balance following the increase in the debt ceiling, and how many Treasury bills it could issue without disrupting the market. The survey was part of Treasury’s normal procedure ahead of its quarterly refunding …

Treasury seeks dealer input on market capacity for T-bill issuance Read More »

SAO PAULO (Reuters) -Brazilian securities regulator CVM postponed for the second time a shareholder vote on the takeover of poultry and pork processor BRF by beef processor Marfrig, BRF said in a securities filing on Friday. CVM last month had already postponed the meeting for 21 days following a request from minority shareholders, but Marfrig …

Brazil regulator again postpones shareholder meeting on Marfrig-BRF Read More »

(Reuters) -Venezuelan state-run PDVSA’s oil sales abroad in 2024 stood at $17.52 billion, according to a results document seen by Reuters on Friday, as exports jumped due to U.S. licenses allowing foreign partners to operate in the sanctioned OPEC member. There are no comparative figures from previous years because PDVSA has not published its results …

Venezuela’s PDVSA oil sales abroad hit $17.5 billion in 2024 as exports jump Read More »

By Ernest Scheyder (Reuters) -Freeport-McMoRan could see a $1.6-billion boost to annual profit if President Donald Trump’s copper tariff materializes, a benefit driven by the firm’s role as the largest U.S. producer with more expansion options than rivals.  Responsible for 60% of U.S. copper output, Phoenix-based Freeport has since the 19th century cultivated U.S. mine …

Analysis-Freeport-McMoRan poised to gain from Trump’s copper tariff against peers with few options Read More »