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Ingram Micro says identified ransomware on certain of its internal systems

6 Jul 2025

(Reuters) -Ingram Micro said on Saturday it recently identified ransomware on certain of its internal systems. The information technology company took steps to secure the relevant environment, including taking certain systems offline, it said in a statement. The Irvine, California-based company also launched an investigation with the assistance of leading cybersecurity experts and notified law …

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Canada could financially back aluminum producers if 50% U.S. tariffs persist, trade group says

6 Jul 2025

MONTREAL (Reuters) -Canada has discussed offering financial support to large aluminum producers like Rio Tinto impacted by a U.S.-led trade war, in the event that Washington’s 50% tariff on imports of the metal persist in the medium term, the CEO of a key industry trade group said on Saturday. Aluminium Association of Canada CEO Jean …

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Japan tariff negotiator held in-depth talks with Lutnick, Japanese government says

5 Jul 2025

TOKYO/BRIDGEWATER, New Jersey (Reuters) -Japan’s tariff negotiator Ryosei Akazawa held “in-depth exchanges” over the phone with U.S. Commerce Secretary Howard Lutnick on Thursday and Saturday, the Japanese government said. A pause on a 24% reciprocal tariff on imports from Japan expires on July 9, although U.S. President Donald Trump has suggested the rate could be …

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Trump says US will start talks with China on TikTok deal this week

5 Jul 2025

(Corrects to remove ‘ABOARD AIR FORCE ONE’ from dateline) (Reuters) -U.S. President Donald Trump said on Friday he will start talking to China on Monday or Tuesday about a possible TikTok deal. He said the United States “pretty much” has a deal on the sale of the TikTok short-video app. “I think we’re gonna start …

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Mexico temporarily hands CIBanco, Intercam trust businesses to development banks

5 Jul 2025

MEXICO CITY (Reuters) -Mexico will temporarily transfer the trust-handling businesses of two financial institutions sanctioned by the U.S. for alleged involvement in money laundering, the finance ministry said on Friday. Mexican development banks will temporarily take over the trust units of CIBanco and Intercam Banco, while the ministry looks for a permanent solution to transfer …

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Rebuilding global coffee stocks may need at least two good crops, experts say

4 Jul 2025

By Roberto Samora CAMPINAS, Brazil (Reuters) -Rebuilding global coffee stocks may take at least a couple of good crops following successive deficits in the supply-demand balance, coffee industry officials said on Friday during a Coffee Dinner & Summit event in Brazil. WHY IT’S IMPORTANT Global coffee prices hit a record high earlier this year, amid …

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US lets GE restart jet engine shipments to China’s COMAC, source says

4 Jul 2025

By Karen Freifeld (Reuters) -The U.S. told GE Aerospace on Thursday that it can restart jet engine shipments to China’s COMAC, according to a person familiar with the matter, in a further sign of de-escalating U.S.-Sino trade tensions that included concessions from Beijing over rare earths. The United States this week also lifted restrictions on …

US lets GE restart jet engine shipments to China’s COMAC, source says Read More »

Markets’ 90-day tariff pause rollercoaster nears an uncertain end

4 Jul 2025

(Refiles to include dropped phrase “domestically held” in paragraph 27, no other changes to story) GDANSK/LONDON (Reuters) -The deadline U.S. President Donald Trump set for major trading partners to strike deals with Washington or face hefty tariffs expires next week, bringing to a close 90 days of volatility but leaving global investors in the dark …

Markets’ 90-day tariff pause rollercoaster nears an uncertain end Read More »

Global equity funds attract biggest weekly inflows in eight months

4 Jul 2025

(Reuters) -Global equity funds attracted strong inflows in the week to July 2, as U.S. stocks hit record highs, with investors brushing off trade tensions and chasing gains in AI-linked sectors. Investors bought global equity funds worth a net $43.15 billion during the week, registering their largest weekly net purchase since November 13, 2024, data …

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