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Moody's warns US tariffs may hurt India's manufacturing push, slow growth
(Reuters) -U.S. President Donald Trump's steep 50% tariffs on Indian imports could severely undermine India's manufacturing ambitions and slow economic growth, Moody's Ratings said on Friday. Trump im...
Thomson Reuters 12m ago
Standard Chartered forms joint venture to issue stablecoins in Hong Kong
(Reuters) -Standard Chartered said on Friday that it has formed a joint venture with strategic partners to apply for a license to issue stablecoins in Hong Kong, days after the city's stablecoin legis...
Thomson Reuters 16m ago
Intel CEO says he is working with US administration after Trump demands resignation
(Reuters) -Intel Chief Executive Lip-Bu Tan on Thursday said the chipmaker is engaging with the U.S. administration to clarify concerns and ensure accurate information is provided after President Dona...
Thomson Reuters 22m ago
Analysis-Trump tariffs on Russia's oil buyers bring economic, political risks
By Timothy Gardner, David Lawder and Seher Dareen WASHINGTON/LONDON (Reuters) -From punishing Brazil to trying to curb imports of fentanyl, U.S. President Donald Trump has wielded the threat of tariff...
Thomson Reuters 25m ago
US retailer Best Buy to boost India tech hub staff by over 40%, executive says
By Praveen Paramasivam and Sai Ishwarbharath B CHENNAI (Reuters) -U.S. electronics chain Best Buy plans to expand the headcount at its Indian tech centre by over 40% in the next few months, a senior e...
Thomson Reuters 33m ago
Binance teams up with BBVA to let customers keep assets off exchange, FT reports
(Reuters) -Binance is working with Spanish bank BBVA to allow customers to hold their assets off the crypto exchange, Financial Times reported on Friday. The Spanish bank is working as one of only a s...
Thomson Reuters 48m ago
J.P.Morgan sees Fed cutting rates at each of its next four meetings
(Reuters) -J.P.Morgan now expects the U.S. Federal Reserve to cut interest rates by 25 basis points at each of its next four meetings, bringing the policy rate to 3.5%, it said in a note on Thursday, ...
Thomson Reuters 52m ago
Morning Bid: Trump moves to extend grip on Fed
A look at the day ahead in European and global markets from Rae Wee With U.S. President Donald Trump's nomination to fill a newly vacant seat at the Federal Reserve now out of the way, investors are a...
Thomson Reuters 57m ago
Cosco seeks at least 20% stake in $23 billion Panama Canal ports deal, FT reports
(Reuters) -China's state-owned shipping giant Cosco aims to secure at least 20%-30% stake in a $23 billion ports deal involving strategic assets in the Panama Canal, as Beijing moves to renegotiate th...
Thomson Reuters 1h ago
A 240-year-old Swiss watchmaker's race to beat Trump's tariff deadline
By Helen Reid LONDON/GENEVA (Reuters) -As a U.S. tariff deadline neared this week, Swiss watch manufacturer DuBois et fils rushed to ship five high-end watches worth thousands of dollars each to the U...
Thomson Reuters 1h ago

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