TOKYO -The dollar wallowed near its lowest in nearly four years against the euro on Monday as market optimism over U.S. trade deals bolstered bets for earlier Federal Reserve interest rate cuts. The greenback also languished near a four-year low…

BERLIN/BEIJING -The threat of mass shutdowns across the automotive supply chain is fading as Chinese rare earth magnets begin to flow, though automakers and suppliers say production plans still face uncertainties and a continued risk of shortages. European suppliers have…

WASHINGTON -U.S. President Donald Trump said on Friday he would “love” if Federal Reserve Chair Jerome Powell were to resign, and the president also said he wanted interest rates cut to 1%. KEY QUOTES “I’d love him to resign if…

Billionaire Elon Musk on Saturday criticized the latest version of President Donald Trump’s tax and spending bill released by the U.S. Senate, calling it “utterly insane and destructive,” weeks after the world’s richest person and its most powerful ended a…

Ripple Labs will withdraw its cross appeal against the U.S. Securities and Exchange Commission in a prolonged legal battle tied to the sale of its XRP tokens, the crypto firm’s CEO said on Friday. “We’re closing this chapter once and…

WASHINGTON -The Trump administration has no imminent plans for refilling the nation’s Strategic Petroleum Reserve, White House spokeswoman Karoline Leavitt said on Thursday. The emergency oil reserve is currently at its lowest levels since the 1980s after President Joe Biden…

Zak Folkman, the co-founder of U.S. President Donald Trump’s cryptocurrency platform World Liberty Financial, said on Wednesday that the company will issue an audit of its stablecoin “within days” and that it planned a new app. Folkman also hinted that…

THE HAGUE  -President Donald Trump called Federal Reserve Chair Jerome Powell “terrible” and said he knows three or four people who are contenders for the next chair of the Federal Reserve. “I know within three or four people who I’m…

NEW YORK -Federal Reserve Bank of Cleveland President Beth Hammack said Tuesday she sees no pressing need to cut interest rates when there’s still a lot of uncertainty what trade tariffs will do to inflation, which is still above the…

McDonald’s and donut maker Krispy Kreme said on Tuesday they would end their partnership in the United States by July, as the companies struggled to manage the costs associated with the venture. Under the partnership, announced in March last year,…

WASHINGTON -The Federal Reserve unveiled a proposal on Wednesday that would overhaul how much capital large global banks must hold against relatively low-risk assets, as part of a bid to boost participation in U.S. Treasury markets. The proposal unveiled by…

Nestle USA said on Wednesday that it would fully eliminate synthetic food colors from its U.S. food and beverage portfolio by mid-2026. The DiGiorno pizza maker said that the transition will be completed within the next 12 months, adding that…

The global videogame market’s growth rate is expected to improve marginally in 2025 from the previous year, according to a report from research firm Newzoo, seen exclusively by Reuters on Tuesday. Analysts and industry experts had projected a surge in…

U.S. solar stocks dropped in premarket trading on Tuesday after a Senate panel proposed a full phase-out of solar and wind energy tax credits by 2028, as part of changes suggested to President Donald Trump’s sweeping tax-cut and spending bill….

MOSCOW -Rising tensions in the Middle East will accelerate natural gas negotiations between Russia and China, with a decision likely this year, the head of a think-tank that advises the Russian government on China told Reuters. Russia has been seeking…

NEW YORK -Amazon.com’s annual Prime Day sales event is scheduled for July 8 through July 11, expanding to four days from two days compared to last year, the company announced on Tuesday. “We’re extending it to four days because our…

LONDON -War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as the war between Israel and Iran entered its fifth day, industry sources said on Tuesday. The cost of a…

U.S. stock futures slipped and oil prices rose on Tuesday, as investors were rattled by U.S. President Donald Trump’s call for everyone to evacuate Tehran, with the fifth day of Israel-Iran fighting sowing fears of a broader regional conflict. Markets…

Coinbase is seeking a green light from the U.S. Securities and Exchange Commission to offer “tokenized equities” to its customers, the crypto exchange’s chief legal officer told Reuters. If granted, the move would allow Coinbase to effectively offer stock trading…

General Mills said on Tuesday it would remove artificial colors from its full U.S. retail portfolio by the end of 2027. The Cheerios maker also said it would remove synthetic dyes from all its U.S. cereals and foods served in…

Critical Metals Corp has received a letter of interest from the U.S. Export-Import Bank (EXIM) for a loan worth up to $120 million to fund the company’s Tanbreez rare earths mine in Greenland, in what would be the Trump administration’s…

TOKYO -Oil prices jumped in early Asian trade on Monday after Israel and Iran launched fresh attacks on Sunday, heightening fears that escalating battle could trigger a broader regional conflict and widely disrupt oil exports from the Middle East. Brent…

TOKYO -Japanese Prime Minister Shigeru Ishiba heads to Canada on Sunday for trade talks with U.S. President Donald Trump, hoping to persuade him to drop trade tariffs that have imperilled Japan’s auto companies and threaten to undermine his fragile government….

NEW YORK -Dual risks kept investors on edge ahead of markets reopening late on Sunday, from heightened prospects of a broad Middle East war to U.S.-wide protests against U.S. President Donald Trump that threatened more domestic chaos. Israel launched a…

BEIJING/SINGAPORE -The renewed U.S.-China trade truce struck in London left a key area of export restrictions tied to national security untouched, an unresolved conflict that threatens a more comprehensive deal, two people briefed on detailed outcomes of the talks told…

Estee Lauder said on Sunday that its chairman emeritus, Leonard Lauder, died on Satuday at the age of 92. Lauder joined the company in 1958 and played a key role in transforming the business from a handful of products sold…

U.S President Donald Trump approved Nippon Steel’s $14.9 billion bid for U.S. Steel on Friday, capping a tumultuous 18-month effort by the companies that survived union opposition and two national security reviews. Trump signed an executive order saying the tie-up…

TAIPEI -Taiwan has added China’s Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC) to its export control list, which includes other proscribed organisations like the Taliban and al Qaeda. Inclusion on the economy ministry’s trade administration’s strategic high-tech commodities entity…

Amazon will invest 20 billion Australian dollars ($12.97 billion) from 2025 to 2029 to expand, operate and maintain its data center infrastructure in Australia, aiming to bolster the nation’s artificial intelligence capabilities, the company said in a blog post on…

Elon Musk’s X was down for thousands of users in the U.S. on Saturday, according to outage tracking website Downdetector.com. There were more than 6,700 incidents of people reporting issues with the social media platform as of 06:07 p.m. ET,…