Reuters US Business

By Niket Nishant and Manya Saini (Reuters) – Concerns sparked by CoreWeave’s debt pile and other financial challenges may weigh on retail investor enthusiasm as it prepares to go public after what analysts said was a poorly timed IPO. The Nvidia-backed AI infrastructure company, which focuses on data centers and cloud services, is listing at …

CoreWeave’s retail appeal may be tempered by IPO timing, financial pressures Read More »

(Reuters) – The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in January, the U.S. Commerce Department said on Friday. Economists had forecast the PCE price index gaining 0.3%. In the 12 months through February, prices increased 2.5%, matching January’s rise. Stripping out the volatile food and …

US Feb PCE prices index shows inflation picture still a conundrum Read More »

BEIJING (Reuters) -China will take resolute countermeasures if the United States harm the country’s interests with its upcoming reciprocal tariffs, a social media account affiliated with Chinese state broadcaster CCTV said on Friday. If the U.S. wants to discuss cooperation with China, mutual respect is a prerequisite, the account Yuyuan Tantian said in a post …

China will resolutely respond to US reciprocal tariffs, state media says Read More »

By Emma Farge GENEVA (Reuters) -The United States has paused contributions to the World Trade Organization, three trade sources told Reuters, as U.S. President Donald Trump’s administration ramps up efforts to cut government spending. The Trump administration is retreating from global institutions it sees as at odds with his “America First” economic policies. It plans …

Exclusive-US pauses financial contributions to WTO, trade sources say Read More »

(Reuters) -Rio Tinto has held talks with the Democratic Republic of Congo about developing one of the world’s biggest hard rock lithium deposits, Bloomberg News reported on Friday, citing people familiar with the matter. The discussions, which are in the preliminary stages, focus on Rio Tinto getting involved in transforming the Roche Dure resource into …

Rio Tinto in talks with Congo to develop lithium deposit, Bloomberg News reports Read More »