Reuters US Business

By Tom Polansek CHICAGO (Reuters) -Canada has resumed imports from the biggest U.S. pork-processing plant, a Smithfield Foods facility in Tar Heel, North Carolina, after suspending shipments for about a week, the company said on Friday. The halt temporarily limited a market for American pork products at a time when U.S. farmers fear that agricultural …

Canada resumes imports from biggest US pork plant run by Smithfield Foods Read More »

(This March 12 story has been corrected to remove the reference to Japan’s IHI Corp signing the pledge after the press release was amended, in paragraph 2) (Reuters) – Major companies such as Amazon and Google on Wednesday signed a pledge to support the goal of at least tripling the world’s nuclear energy capacity by …

Amazon, Google sign pledge to support tripling of nuclear energy capacity by 2050 (March 12) Read More »

By Helen Reid LONDON (Reuters) -Zara owner Inditex’s emissions from transport jumped by 10% in 2024 as the fast-fashion retailer used more flights to move clothes from production centres in Asia to its logistics hub in Spain and into stores. The increase highlights the impact of greater air freight use as attacks on container ships …

Zara owner Inditex’s transport emissions jump in 2024 Read More »

By David French, Tatiana Bautzer and Pete Schroeder (Reuters) – Big banks are holding off on acquisitions and staying cautious about the Trump administration’s pledges to unleash dealmaking, according to industry executives. Treasury Secretary Scott Bessent said last week that bank mergers had been slowed by minor issues. Days earlier, newly installed regulators moved to …

Analysis-Big bank deals stalled by Trump volatility even as officials signal deregulation Read More »

(Reuters) – Global equity funds saw weaker demand in the week through March 12, amid a global stock sell-off driven by concerns over U.S. tariffs and its escalating trade wars. Investors put just $3.21 billion into global equity funds for the week, sharply down from an average weekly inflow of $11.6 billion in February, LSEG …

Global equity funds see declining demand on esclating trade tensions Read More »

By Haripriya Suresh BENGALURU (Reuters) -Tens of thousands of JPMorgan Chase software engineers increased their productivity 10% to 20% by using a coding assistant tool developed by the bank, its global chief information officer Lori Beer said. The gains present “a great opportunity” for the lender to assign its engineers to other projects, Beer told …

JPMorgan engineers’ efficiency jumps as much as 20% from using coding assistant Read More »