By Antoni Slodkowski, Liz Lee and Larissa Liao BEIJING (Reuters) – As Americans voted in one of the tightest presidential elections in decades, China braced for an outcome that – regardless of who wins – would spell four more years of bitter superpower rivalry over trade, technology and security issues. Strategists in Beijing said that…
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…
By America Hernandez PARIS (Reuters) – French oil major TotalEnergies does not anticipate that Donald Trump would pull the U.S. out of the Paris Agreement on climate change or undo Inflation Reduction Act (IRA) legislation if he became U.S. president again, the company’s strategy director said on Monday. Aurelien Hamelle made the comments while presenting…
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…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, priced in on Thursday another 25-basis-point rate cut next month, after the Federal Reserve lowered rates by the same magnitude at the end of its two-day policy meeting. Rate futures also implied…
(Reuters) – Blackstone Real Estate on Wednesday entered into an agreement to take Retail Opportunity Investments Corp private in an all-cash transaction valued at about $4 billion, including debt. Reuters reported on Sunday that the alternative asset manager was in advanced talks for the acquisition of the company, which owns strip malls across the United…
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…
KYIV (Reuters) – Ukrainian President Volodymyr Zelenskiy said on Thursday North Korean troops had suffered casualties in combat with Kyiv’s forces and that some of the 11,000 troops sent to Russia’s Kursk region had taken part in fighting. The Ukrainian leader, speaking at a news conference at the European Political Community summit in Budapest, said…
By Foo Yun Chee BRUSSELS (Reuters) – Apple is facing a likely antitrust fine as the French regulator prepares to rule next month on the company’s privacy control tool, two people with direct knowledge of the matter said. Called App Tracking Transparency (ATT), the feature allows iPhone users to decide which apps can track user…
(Reuters) – Emerson Electric said on Monday that its $265 per-share offer to acquire Aspen Technology was its “best and final” price. The announcement comes days after activist investor Elliott Management said it invested over $1.5 billion in Aspen, opposing the company’s decision to accept Emerson’s $7.2 billion tender offer. “Our break price is ~$202…
