Reuters US Business

Stocks edge higher, gold soars with Trump tariffs in view

By Amanda Cooper, Chibuike Oguh NEW YORK/LONDON (Reuters) -Global shares edged higher in choppy trading on Tuesday, while safe-haven gold soared to a record peak as markets awaited details of U.S. President Donald Trump’s tariff plans. Investors are bracing for Trump’s so-called Liberation Day on Wednesday, when he has promised to unveil a massive reciprocal …

Stocks edge higher, gold soars with Trump tariffs in view Read More »

Exclusive-Outsourcing firm WNS fields takeover interest, sources say

By Milana Vinn and Amy-Jo Crowley NEW YORK (Reuters) -WNS Holdings, a technology outsourcing services firm with a market value of $2.8 billion, is exploring a sale after attracting acquisition interest from potential suitors including Capgemini, according to people familiar with the matter. WNS, which traces its roots to India, is working with its investment …

Exclusive-Outsourcing firm WNS fields takeover interest, sources say Read More »

US to axe Biden-era 7-year deadline on exports from new LNG projects

By Timothy Gardner and Curtis Williams WASHINGTON/Houston (Reuters) -The U.S. is slated on Wednesday to rescind a policy issued by the administration of former President Joe Biden that requires liquefied natural gas, or LNG, projects to export within seven years of receiving regulatory approval. The LNG industry had pushed the administration of President Donald Trump …

US to axe Biden-era 7-year deadline on exports from new LNG projects Read More »

Father and son indicted in New York over failed Arizona sports complex

By Jonathan Stempel NEW YORK (Reuters) – A father-and-son team has been indicted in Manhattan on charges they defrauded investors in a failed Arizona sports complex, causing more than $200 million in losses for Vanguard Group, AllianceBernstein and other municipal bond investors. Federal prosecutors said Randy Miller, 70, and Chad Miller, 41, were arrested on …

Father and son indicted in New York over failed Arizona sports complex Read More »

Brazil’s BRB only acquiring key assets from Banco Master, CEO says

By Luciana Magalhaes SAO PAULO (Reuters) – Government-controlled Banco de Brasilia (BRB) only agreed to acquire the healthiest and most strategically relevant assets from fellow lender Banco Master after months of negotiations, BRB CEO Paulo Henrique Costa said in a Tuesday interview. The agreement, announced on Friday and subject to review by the central bank, …

Brazil’s BRB only acquiring key assets from Banco Master, CEO says Read More »

Leaders of Canada, Mexico discuss plan to fight trade actions by US

(Reuters) – Canadian Prime Minister Mark Carney spoke with Mexican President Claudia Sheinbaum on Tuesday about Canada’s plan to “fight unjustified trade actions” by the United States, the prime minister’s office said. “With challenging times ahead, Prime Minister Carney and President Sheinbaum emphasized the importance of safeguarding North American competitiveness while respecting the sovereignty of …

Leaders of Canada, Mexico discuss plan to fight trade actions by US Read More »

USDA, Energy Dept offer incentives for staff to quit, emails say

By Leah Douglas (Reuters) – The U.S. Departments of Agriculture and Energy are offering employees a second round of financial incentives to leave their jobs this month, according to Monday evening emails sent to staff and shared with Reuters. Trump in a February 26 executive order directed all federal agencies to reduce staffing, part of …

USDA, Energy Dept offer incentives for staff to quit, emails say Read More »

AQR Capital Management posts Q1 returns near 10% in several funds, source says

LONDON (Reuters) – Billionaire investor Cliff Asness’s AQR Capital Management finished the first quarter with positive returns in several of its funds, said a source familiar with the matter on Tuesday. The $128 billion hedge fund returned a positive 3.4% performance in March its multi-strategy fund, Apex Strategy, finishing with a 9% first quarter return. …

AQR Capital Management posts Q1 returns near 10% in several funds, source says Read More »

Close Bitnami banner
Bitnami