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Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
Nippon Steel and U.S. Steel are unlikely to convince a court to scrap President Joe Biden's decision to block their $14.9 billion merger, but their…
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Microsoft to invest $3 billion in India, to expand AI and cloud capacity
Microsoft will spend $3 billion to expand its Azure cloud and artificial intelligence (AI) capacity in India, CEO Satya Nadella said on Tuesday, doubling down…
Dollar lower but volatile on Trump tariff uncertainty
The U.S. dollar was lower on Monday in volatile trading after conflicting reports about how aggressive President-elect Donald Trump's planned tariffs would be when he…
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Trump denies report that his team is eyeing pared-back tariffs
U.S. President-elect Donald Trump on Monday denied a newspaper report that said his aides were exploring tariff plans that would only cover critical imports.
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US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing’s military
By Michael Martina, David Shepardson and Karen Freifeld WASHINGTON (Reuters) - The U.S. Defense Department said Monday it had added Chinese tech giants including gaming…
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U.S. Steel, Nippon allege Biden violated constitution in lawsuit over blocked deal
U.S. President Joe Biden violated the Constitution by blocking Nippon Steel's $14.9 billion bid for U.S. Steel through a sham national security review, the companies…
Weak demand for aircraft weighs down US factory orders in November
WASHINGTON (Reuters) -New orders for U.S.-manufactured goods fell in November amid weakness in demand for commercial aircraft while business spending on equipment appeared to have…
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Mexico announces increased tariffs on apparel imports, forcing a “scramble” to reshore operations in the United States
ITS Logistics’ 3.7 million square foot national distribution and fulfillment centers offer immediate reshoring options for customers
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China’s export ban to push antimony prices to new highs
Antimony prices are likely to hit record levels as consumers seek alternative supplies following China's latest export ban with growing trade tensions changing the dynamics…
Trump aides, in shift, eye tariffs only for critical areas, Washington Post reports
U.S. President-elect Donald Trump's aides are exploring tariff plans that would be applied to every country but only cover critical imports, the Washington Post reported…