WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he was suing Perkins Coie law firm for “egregious and unlawful acts” and cited the conduct of an unidentified member of the firm. Trump did not elaborate in his Truth Social post. Trump issued an executive order last month that calls to terminate federal contracts …
(Reuters) -European Union exports to the United States increased by 22.4% in February compared to the previous year, Eurostat data showed on Wednesday, marking the highest exports growth rate in 13 months and totalling 51.8 billion euros. Meanwhile, imports from the U.S. rose by 2.4% year-on-year to 28.2 billion euros. On February 13, U.S. President …
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) -Tesla sees India’s 100% import tariffs on cars making customers anxious, and the carmaker is still assessing when to enter the “very hot” market even as those concerns linger, its chief financial officer said on Tuesday. Tesla has long wanted to sell in the world’s third-largest …
Tesla says India’s 100% car tariffs make customers anxious Read More »
MADRID (Reuters) – Global Alconaba, a minority shareholder in Spanish media group Prisa, is in talks with Czech tycoon Daniel Kretinsky to make a tender offer on its shares, newspaper El Economista reported on Wednesday, citing sources close to the negotiations. Global Alconaba owns about 5.9% in Prisa, the owner of the influential El Pais …
By Matthias Inverardi DUESSELDORF (Reuters) -Hapag-Lloyd customers have cancelled 30% of shipments to the United States from China, spooked by the trade conflict between the world’s two largest economies, a spokesperson for the German container shipping group told Reuters on Wednesday. Instead, there has been a “massive increase” in demand for consignments from Thailand, Cambodia …
Hapag-Lloyd says 30% of China’s US bound shipments have been cancelled Read More »
By Makiko Yamazaki TOKYO (Reuters) -A group of Japan’s ruling party lawmakers on Wednesday called on the country’s top public pension fund GPIF to expand investment in domestic private equity and venture capital funds to strengthen the domestic private asset investment chain. Global private equity firms such as KKR and Bain Capital have thrived in …
Japan lawmakers urge pension fund to invest in domestic private equity Read More »
By Dhara Ranasinghe (Reuters) – What matters in U.S. and global markets today. A look at the day ahead in U.S. and global markets by Dhara Ranasinghe, Editor, Financial Markets EMEA. The world’s financial markets have got used to the fact that a lot can change in less than 24 hours. And waking up on …
(This April 22 story has been corrected to say ‘over 80%,’ not ‘over 90%,’ in paragraph 7) By Kamal Choudhury (Reuters) – Medical device maker Intuitive Surgical said on Tuesday that U.S. tariffs will increasingly weigh on its business for the rest of the year, disrupting operations in China and potentially eroding its competitive edge …
Intuitive Surgical warns of tariff impact after upbeat quarterly earnings (April 22) Read More »
By Juveria Tabassum (Reuters) – Procter & Gamble’s annual targets will be in focus when the consumer goods bellwether reports third-quarter results on Thursday, with some analysts expecting a forecast cut due to uncertainty around spending amid global trade tensions. U.S. President Donald Trump’s reciprocal tariffs on several trading partners have roiled global markets and …
P&G’s earnings forecast in spotlight as uncertainty plagues consumer spending Read More »
By Sinead Cruise and Lawrence White LONDON (Reuters) – With international trade ties in tatters and confidence in the global economy plumbing fresh depths, Europe’s leading banks are confronting a possibility that their strongest quarter of 2025 may already be behind them. The promise of a banner year for lending and investment banking activity soured …
Tariff turmoil casts pall over European banks’ 2025 earnings power Read More »
