By Melanie Burton MELBOURNE (Reuters) -The world’s biggest listed miner BHP Group considered spinning off its Australian iron ore and coal divisions as part of a medium-term growth strategy, three sources with knowledge of the matter told Reuters. As part of a planned focus on future-facing commodities potash and copper, BHP weighed separating out the …
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OTTAWA (Reuters) – Canada will fight U.S. President Donald Trump’s tariffs with countermeasures, Prime Minister Mark Carney said on Wednesday. “It’s essential to act with purpose and with force, and that’s what we will do,” he told reporters ahead of a cabinet meeting to discuss Canada’s response. (Reporting by David Ljunggren; Editing by Leslie Adler)
SYDNEY, April 3 (Reuters) – Australia’s central bank warned on Thursday that U.S. trade policies could pose significant headwinds for the global economy, causing a sharp rise in risk aversion in markets and lifting financing costs for firms. The warning came as global share prices sank in the wake of U.S. President Donald Trump’s announcement …
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By Zaheer Kachwala (Reuters) – Electric automaker Lucid posted a 58% jump in first-quarter deliveries on Wednesday as it lowered prices of its vehicles, while peer Rivian Automotive reported a 36% decline. Lucid has also offered incentives including cheaper financing to woo customers away from cheaper hybrid vehicles amid high interest rates. However, the company …
Lucid’s quarterly deliveries rise, Rivian’s fall sharply Read More »
(Reuters) -U.S. President Donald Trump announced a slew of reciprocal tariffs on trading partners on Wednesday, the latest in a series of extensive duties imposed since his return to the White House earlier this year. The U.S. will now impose a 10% baseline tariff on all imports to the country effective April 5 and higher …
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By Howard Schneider WASHINGTON (Reuters) -Rising tariffs in the U.S. could feed into more prolonged inflation than might be expected, Fed Governor Adriana Kugler said on Wednesday, pushing back on views that prices would only rise on imported goods. “There may be reasons why tariffs have more prolonged effects” than simply causing a one-time jump …
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(Reuters) -Oracle has told customers that a hacker broke into a computer system and stole old client log-in credential, Bloomberg News reported on Wednesday, citing two people familiar with the matter. Last month, an unidentified person began attempting to sell data online that was stolen from the cloud servers of Austin, Texas-based Oracle, according to …
Oracle tells clients of second recent hack, log-in data stolen, Bloomberg News reports Read More »
WASHINGTON (Reuters) – Imports of oil, gas and refined products were exempted from U.S. President Donald Trump’s sweeping new tariffs, the White House said on Wednesday. The exemption will come as a relief to the U.S. oil industry, which had expressed concerns that new levies could disrupt flows and raise costs on everything from Canadian …
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(Reuters) – President Donald Trump on Wednesday unveiled sweeping global tariffs of at least 10% on goods imported from most U.S. trading partners. For details of the announcement see: For details of his order ending de minimis exemptions for China see: (This story has been refiled with the correct URL for the order fact sheets)
SAO PAULO (Reuters) -Brazilian planemaker Embraer said on Wednesday it delivered 30 aircraft in the first quarter of 2025, a 20% increase from a year earlier. The deliveries in the quarter include seven commercial jets, in line with the first quarter of 2024, and 23 executive jets, up 28% from a year earlier, Embraer said …
Embraer delivers 30 aircraft in first quarter, up 20% year-on-year Read More »
