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(Reuters) -Honeywell said on Tuesday it would evaluate strategic alternatives for two of its businesses that serve the transportation and logistics industries as the industrial giant prepares for its three-way split. The company has been streamlining operations, with a split into separate aerospace, automation and advanced materials units expected to complete by next year. Honeywell’s …

Honeywell to review alternatives for two businesses ahead of 2026 split Read More »

LONDON (Reuters) -A look at the day ahead in U.S. and global markets by EMEA Breaking News Markets Correspondent, Lucy Raitano. U.S. President Donald Trump has issued 14 letters to global trade partners laying out sharply higher tariffs and a new deadline of August 1. Among the recipients are major U.S. trade partners Japan and …

Morning Bid: You’ve got mail! Read More »

By Nidhi Verma NEW DELHI (Reuters) -India plans to source about 10% of its cooking gas imports from the U.S. beginning in 2026 as part of a broader effort to boost energy purchases to narrow its trade gap with Washington, four industry refining sources familiar with the matter said. The world’s third biggest oil importer …

Exclusive-India aims to import about 10% of its cooking gas from US from 2026, say sources Read More »

By Lisa Baertlein LOS ANGELES -U.S. imports of containerized goods from China tumbled 28.3% year-on-year in June, after higher tariffs on goods from the country’s top ocean trade partner extended a steep drop that began in May, supply chain technology provider Descartes said on Tuesday. Overall U.S. container imports fell 3.5% from June 2024 levels, …

US ocean imports from China tumbled 28% in June on tariff hikes Read More »

(Reuters) -Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade tensions drag on, and a string of measures and hints from monetary authorities suggest they may be on the money. A growing pile of foreign exchange deposits at banks and a rise in currency …

Analysis-China Inc bets Beijing will keep tight grip on yuan as US tariff fears persist Read More »

By Nathan Vifflin AMSTERDAM (Reuters) -Some 32% of global semiconductor production could face climate change related copper supply disruptions by 2035, quadrupling from today’s levels, advisory firm PricewaterhouseCoopers (PwC) said in a report for business leaders on Tuesday. Chile, the world’s largest copper producer, already grapples with water shortages that are slowing down production. By …

Third of chip production could face copper supply disruptions by 2035, PwC report says Read More »