(Adds bullet points) NEW YORK (Reuters) – The yield on the benchmark U.S. Treasury bond fell sharply in the weeks after President Donald Trump took office in January, as U.S. sovereign debt markets rallied. But one measure of risk embedded in that number remained stubbornly positive, in a sign of underlying investor unease. The term …
Analysis-How Trump’s policy risk is showing in Treasury bonds Read More »
NEW YORK (Reuters) – U.S. Treasuries, the bedrock of the global financial system, were hit by fresh selling pressure earlier Wednesday, in a sign that investors were dumping their safest assets after the U.S. roiled markets by introducing sweeping trade tariffs. MARKET REACTION: TREASURIES: U.S. Treasury benchmark yields declined after a government auction of $39 …
Instant View: U.S. Treasury auction allays concern about selloff Read More »
(Reuters) – The World Trade Organization on Wednesday estimated the U.S.- China trade tensions could cut the trade of goods between two economies by as much as 80%. “This tit-for-tat approach between the world’s two largest economies, which together account for roughly 3% of global trade, carries wider implications that could severely damage the global …
WTO says trade between US, China could decrease by as much as 80% Read More »
(Reuters) -Autonomous driving technology startup Nuro said on Wednesday it fetched a valuation of $6 billion after raising $106 million in its latest funding round, as investors bet on what is often touted as the future of mobility. The funding — backed by T Rowe Price Associates, Fidelity Management and Research, Tiger Global, Greylock Partners …
Nuro secures $6 billion valuation in latest funding round Read More »
By Rajesh Kumar Singh CHICAGO (Reuters) – Delta Air Lines pulled its financial forecast for 2025 and projected current-quarter profit below expectations on Wednesday, saying travel demand has “largely stalled” as sweeping U.S. tariffs fuel economic uncertainty. The U.S. carrier said it would defer aircraft deliveries that face tariffs and slash capacity to protect its …
Delta Air Lines pulls financial forecast, saying Trump tariffs hit demand Read More »
By Davide Barbuscia and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – A violent U.S. Treasury selloff, evoking the COVID-era “dash for cash,” has reignited fears of fragility in the world’s biggest bond market. The $29-trillion Treasury market had surged in recent weeks as investors dumped stocks for the safety of government bonds in a tariff-fueled risk-off …
Analysis-Sharp US bond selloff revives flashbacks of COVID-era ‘dash-for-cash’ Read More »
By Rachel More and Foo Yun Chee BERLIN (Reuters) -Google agreed on Wednesday to modify its automotive services and maps platform to end a German antitrust investigation that could have resulted in a hefty fine, with the changes applying across Europe. The German Federal Cartel Office said it had ended its probe into the matter …
German regulator ends probe into Google’s in-car services after agreed remedies Read More »
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he authorized a 90-day pause as part of his tariff plan but was also raising the tariff rate for China to 125%, effective immediately. (Reporting by Susan Heavey and Ryan Patrick Jones; Writing by Ismail Shakil; Editing by Doina Chiacu and Chris Reese)
By Daina Beth Solomon and Fabian Cambero SANTIAGO (Reuters) – Chile’s place at the low-end of U.S. tariffs announced last week could be favorable for the world’s leading copper-producing country if U.S. President Donald Trump decides to slap tariffs on copper, Chile Mining Minister Aurora Williams said on Wednesday. Trump last week imposed a 10% …
Chile sees positive twist to any Trump tariffs on copper Read More »
DUBAI (Reuters) – United States Energy Secretary Chris Wright said his visit to the United Arab Emirates will include discussion on enhancing global energy security, the UAE state news agency reported on Wednesday. Wright will also discuss previously announced investment plans by the Gulf country into the United States, the agency quoted him as saying. …
US energy secretary to discuss security during UAE visit Read More »
