WASHINGTON (Reuters) -U.S. small-business confidence fell for a fourth straight month in April, with the share of owners reporting job openings declining to the lowest level in more than four years, potentially hinting at a significant labor market slowdown. The National Federation of Independent Business said on Tuesday its Small Business Optimism Index dropped 1.6 …
US small business sentiment declines further in April Read More »
(Reuters) -China has removed a ban on airlines taking delivery of Boeing planes after the United States and China agreed a temporary cut in steep tariffs, Bloomberg News reported on Tuesday, citing sources familiar with the matter. Officials in Beijing have started to tell domestic carriers and government agencies this week that deliveries of aircraft …
China lifts Boeing delivery ban as tariff war cools, Bloomberg News reports Read More »
By Maggie Fick (Reuters) -U.S. President Donald Trump signed a broad executive order on Monday directing drugmakers to lower the prices of their prescription drugs to align with what other countries pay. The order said the Trump administration will give drugmakers price targets within a month and, if they fail to make “significant progress”, may …
Explainer-What has Trump said about cutting drug prices? Read More »
By Laurie Chen, Emily Green and Francesco Guarascio BEIJING/MEXICO CITY/HANOI (Reuters) -A new U.S.-China agreement to pause sky-high tariffs on each other is pressuring manufacturing hubs such as Vietnam and Mexico to make their own, better deals with the U.S. to continue benefiting from a “China-plus-one” strategy by global producers. In the new world order …
Analysis-US tariff pause on Beijing puts pressure on ‘China-plus-one’ countries Read More »
By Selena Li and Julie Zhu HONG KONG (Reuters) -Investment banks handling the world’s largest listing so far this year are set to earn underwriting fees well below the industry norm, with advisers willing to endure skinny margins to win business following a prolonged slump in listings. Nine underwriters of Shenzhen-listed battery giant CATL are …
CATL offers banks slim fees in world’s largest listing in 2025 Read More »
By Tom Westbrook and Stella Qiu SINGAPORE/SYDNEY (Reuters) -Funds in Australia’s A$4.2 trillion ($2.7 trillion) pension sector are rethinking some of their long-held strategies of buying U.S. assets and the dollar, as confidence in American growth wanes. Volatility around Sino-U.S. trade tensions this year has forced investors to reassess their U.S. exposure and the role …
Analysis-Australia’s pension funds start questioning US strategies Read More »
(Reuters) -Hong Kong’s CK Hutchison said late on Monday that its closely monitored ports deal would strictly adhere to all required compliance standards and would never be executed illegally. “This transaction would never be carried out under any illegal or non-compliant circumstances,” the company said in a statement. The Hong Kong-based conglomerate, controlled by tycoon …
Hong Kong’s CK Hutchison assures legal compliance in ports deal Read More »
SYDNEY (Reuters) -A measure of Australian consumer sentiment partially rebounded in May as the initial shock of U.S. President Donald Trump’s tariff war faded a little, an improvement that should be underpinned by the latest truce with China. A Westpac-Melbourne Institute survey showed on Tuesday its main index of consumer sentiment bounced 2.2% in May, …
Australia consumer sentiment recovers partially from tariff blow Read More »
SAO PAULO (Reuters) – Brazilian cosmetic maker Natura posted on Monday a first-quarter net loss of 150.7 million reais ($26.6 million), 83.9% narrower than a year earlier. Core earnings, as measured by recurring earnings before interest, taxes, depreciation and amortization (EBITDA), stood at 789.5 million reais, up some 30% year-on-year and above the 623 million-real …
Brazil cosmetic maker Natura’s Q1 net loss narrows by 84% Read More »
(Reuters) -The U.S. Centers for Medicare and Medicaid Services (CMS) said on Monday that it would announce a list of 15 drugs eligible for a third round of Medicare price negotiations by early February next year. For the first time, the list would include drugs payable under Medicare Part B – which covers medicines administered …
US Medicare lays out timeline for third round of drug price negotiations Read More »
