Reuters US Business

By Sheila Dang, Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) – U.S. natural gas producers and investment firms are gearing up for more activity in Louisiana’s Haynesville shale basin, positioning themselves for a boom in liquefied natural gas exports boosted by new approvals from President Donald Trump. Gas prices are rising as LNG producers in …

US gas players refocus on Haynesville basin, buoyed by Trump LNG plans Read More »

By Marianna Parraga HOUSTON (Reuters) -A U.S. federal judge trying to move ahead with an auction of shares in the parent of Venezuela-owned U.S. refiner Citgo Petroleum is dealing with a fresh dispute between creditors after a lowball starting bid was recommended in a reboot of the sale. The complex auction meant to repay 18 …

New creditors’ battle emerges in Citgo auction reboot Read More »

By Hyunjoo Jin and Kantaro Komiya SEOUL/TOKYO (Reuters) -For Japan and South Korea, tariffs announced by U.S. President Donald Trump represent a blow to domestic car industries that are both economic pillars and sources of national pride. Shares in companies such as Japan’s Toyota and Honda and South Korea’s Hyundai Motor and Kia Corp fell, wiping …

Trump auto tariffs take aim at a pillar of Asian economies – and national pride Read More »

By Echo Wang (Reuters) -CoreWeave reduced the size of its U.S. initial public offering and priced its shares below the indicated range, the company said on Thursday, dampening expectations that the listing would boost investor appetite for IPOs. The Nvidia-backed company is now looking to sell 37.5 million shares, 23.5% less than originally planned, and …

Nvidia-backed CoreWeave downsizes US IPO Read More »

By Marc Jones LONDON (Reuters) -Brazil’s secretary of foreign trade warned on Thursday in the wake of U.S. President Donald Trump’s auto tariffs announcement that global trade was at risk of being ‘weaponised’ and that World Trade Organization strains were likely to get worse before they get better. “We didn’t need to wake up to …

Brazil warns of big risk of global trade being ‘weaponised’ Read More »

By Noel Randewich (Reuters) -The S&P 500 ended lower on Thursday, as investors grappled with U.S. President Donald Trump’s latest trade tariff announcement that hit shares of General Motors and Ford. Trump unveiled on Wednesday his plan to implement a 25% tariff on imported cars and light trucks effective on April 3, while the duty on …

S&P 500 ends lower as investors digest Trump’s auto tariffs Read More »