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…
LAUSANNE, Switzerland (Reuters) – The International Olympic Committee has no concerns over working with Donald Trump and his incoming administration on the Los Angeles 2028 Summer Olympics given the President-elect’s continued support of those Games, IOC President Thomas Bach said on Thursday. The Los Angeles Olympics were awarded in 2017 when Trump was president following…
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…
UNITED NATIONS (Reuters) – There is an urgent need for immediate humanitarian access to all civilians in need in Syria and a return to a U.N.-facilitated political process to end the bloodshed, United Nations Secretary-General Antonio Guterres said on Thursday. He urged “all those with influence to do their part for the long-suffering people” of…
By Jamie McGeever ORLANDO, Florida (Reuters) – When Federal Reserve Chair Jerome Powell and his colleagues meet this week to discuss their next interest rate move, they’ll face a much more complicated situation than they did only two months ago, due to the historic rise in long-dated Treasury yields since the central bank’s jumbo rate…
By Ashitha Shivaprasad and Daksh Grover (Reuters) – U.S. President Donald Trump’s latest tariff threats have ignited another gold rush, propelling the safe-haven metal to new heights and bringing the glittering $3,000 milestone into view. Spot gold climbed to a record $2,911.30 a troy ounce on Monday – its seventh record peak to date in…
By Bo Erickson WASHINGTON (Reuters) – Seven battleground states — Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin — are expected to play a decisive role in Tuesday’s U.S. presidential election between Democrat Kamala Harris or Republican Donald Trump. Here are ten counties to watch in those states. Early results based on partial returns…
By Jeff Mason ABOARD AIR FORCE ONE/SEOUL/FRANKFURT (Reuters) – President Donald Trump is expected to introduce new 25% tariffs on Monday on all steel and aluminium imports into the U.S., on top of existing metals duties, in another major escalation of his shake-up of trade policy. As the risk mounts of a multi-front trade war,…
By Jonathan Stempel (Reuters) -Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, further slashing holdings in Apple and boosting cash to a record $325.2 billion. In its quarterly report on Saturday, Berkshire said it sold about 100 million, or 25%, of its Apple shares over the summer, ending with…
PARIS (Reuters) – French President Emmanuel Macron declared on Monday that France was in the race for artificial intelligence and called on attendees at the AI Action Summit in Paris to choose Europe for their business needs. Clean electric power distinguishes France in addressing AI’s vast energy consumption, he said. “I have a good friend…
