By Nidal al-Mughrabi CAIRO (Reuters) -Israeli forces stepped up bombardment across the Gaza Strip on Thursday and ordered more evacuations, creating a fresh wave of displacement from northern Gaza, to which Palestinians fear they will not be able to return. Palestinian health officials said at least 10 people had been killed and several others wounded…
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are investigating whether the fees charged by Visa and Mastercard have a negative impact on retailers, an EU document seen by Reuters showed. The European Commission, which enforces EU competition rules, sent questionnaires about both Visa and Mastercard to retailers and payment service providers in…
LONDON (Reuters) – The price of copper in the United States rocketed on Monday after U.S. President Donald Trump pushed forward his plans to slap tariffs on industrial metals. The premium of U.S. Comex copper futures over those traded on the London Metal Exchange surged to a record of $920 per metric ton by 1820…
(Reuters) – Lyft said on Wednesday it will partner with Mobileye and two other companies in the robotaxi industry to bring self-driving cars onto its ridehail platform and bolster research and development in the sector. The app-based taxi platform will incorporate cars owned by third-party fleet operators, equipped with the Mobileye Drive self-driving system, as…
LONDON (Reuters) – U.S. President Donald Trump’s pledge to impose a universal 10% tariff on imports and 60% on Chinese goods is likely only a starting point for negotiations, ratings agency S&P Global said in a note on Thursday. Tariffs are unlikely to be imposed at those levels, but were Trump to follow though, the…
By Seher Dareen (Reuters) – Higher labor costs and sticky inflation could continue to weigh on gold miners’ profits going into 2025, analysts said, but soaring prices of the yellow metal should still boost free cash flow. Gold prices rose nearly 27% in 2024, the most since 2010, and have jumped to all-time highs this…
By Shivansh Tiwary and Medha Singh (Reuters) -Shares of U.S. steel and aluminum producers surged on Monday, while their European counterparts fell after President Donald Trump disclosed plans to impose an additional 25% tariff on import of the metals. Nucor, Steel Dynamics and Cleveland-Cliffs rose between 6% and 13%, while Century Aluminum added 15% and…
By Ankika Biswas and Pranav Kashyap (Reuters) – Just days ahead of the Nov. 5 presidential election in the U.S., investors are trying to gauge how stock markets will react as polls and betting platforms point to a tight race between Vice President Kamala Harris and former President Donald Trump. Harris’ lead over the Republican…
By Yuliia Dysa and Tom Balmforth KYIV (Reuters) – President Volodymyr Zelenskiy said on Monday that members of U.S. President Donald Trump’s team would travel to Ukraine this week, the first such visit at an important diplomatic juncture in the war with Russia. Zelenskiy, who is trying to forge close relations with Trump as the…
(Reuters) – Shares in European spirits makers and brewers fell on Friday after the U.S. surgeon general called for cancer warnings on alcoholic drinks. Alcoholic drinks should carry a label warning consumers about their cancer risks, U.S. Surgeon General Vivek Murthy said in an advisory, noting that their consumption increases the risk of developing breast,…
