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Japan picks economy minister Akazawa to head trade talks with US

By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -Japan’s Economy Minister Ryosei Akazawa has been appointed as trade negotiator with the United States, the government’s top spokesperson said on Tuesday. Bilateral discussions on exchange-rate moves will continue to be managed by Japan’s finance minister and the U.S. treasury secretary, Chief Cabinet Secretary Yoshimasa Hayashi told …

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Australia business activity mostly steady in March before tariff turmoil, survey says

SYDNEY (Reuters) – A measure of Australian business activity was largely unchanged in March before the turmoil from U.S. President Donald Trump’s tariffs hit, a survey showed on Tuesday, while confidence dipped further into negative territory. The survey from National Australia Bank (NAB) showed its index of business conditions edged up 1 point to +4 …

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Exclusive-As Chile revs up lithium plans, Indigenous people demand more control

By Daina Beth Solomon SALAR DE ATACAMA, Chile (Reuters) – Chile’s Indigenous communities in the lithium-rich Atacama Desert are in talks with two of the nation’s biggest miners to gain more influence over plans to increase extraction of the battery metal, according to the companies and community sources. The negotiations with Chile’s state-run Codelco, the …

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Levi Strauss maintains annual forecast, shares surge more than 7%

By Savyata Mishra (Reuters) -Levi Strauss maintained on Monday its annual forecast for sales and profit, excluding the impact of tariffs, and posted quarterly profit ahead of Wall Street targets, sending its shares up more than 7% in after hours trade. Sweeping tariffs by President Donald Trump have sparked concerns over a global downturn and …

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Paramount Global, Skydance Media merger deadline to get 90-day extension

(Reuters) – Skydance Media and Paramount Global’s $8 billion merger would be automatically extended by 90 days after its deadline of April 7 under the terms of the companies’ agreement. Paramount’s controlling shareholder, Shari Redstone, struck a two-step deal in July to sell her stake in the Hollywood studio as part of the deal with …

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PNC Financial names former BlackRock executive as president

(Reuters) – PNC Financial Services Group on Monday appointed former BlackRock executive Mark Wiedman as president, effective immediately. Wiedman will also assume presidency of the Pittsburgh-based company’s wholly owned banking subsidiary, PNC Bank, PNC Financial said. Wiedman will report to Chief Executive William Demchak. Michael Lyons, the group’s previous president, left in January to become …

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Trading Day: Trump’s tariff wrecking ball still swinging

By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Trade tensions, recession fears rise U.S. President Donald Trump’s tariff ‘wrecking ball’ swung through financial markets again on Monday, sending investors scuttling for cover and wiping hundreds of billions of dollars more off …

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Fintech companies caught up in tariff turmoil

By Hannah Lang (Reuters) -Financial technology companies like Robinhood and buy now, pay later provider Affirm have been caught in the whirlwind of President Donald Trump’s sweeping tariffs, sending shares sharply downward amid fears about worsening consumer finances. Global markets have been battered since Trump last week introduced a new baseline 10% U.S. tariff on …

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