Business

US Postal Service seeks reforms as it reports $9 billion yearly loss

US Postal Service seeks reforms as it reports $9 billion yearly loss

By David Shepardson WASHINGTON (Reuters) -The U.S. Postal Service said on Friday it was seeking new administrative and legislative reforms…

November 14, 2025

Rio Tinto signs 15-year renewable power deal with U.S. based TerraGen

(Reuters) -Rio Tinto said on Friday its Kennecott operation in Utah, U.S., has signed a 15-year virtual power purchase agreement…

November 14, 2025

Walmart names insider Furner as CEO McMillon's successor, Wall Street reacts

(Reuters) -Walmart on Friday announced that CEO Doug McMillon will retire next year and will be succeeded by insider and…

November 14, 2025

Wall Street tumbles as tech selloff extends, rate cut hopes fade

By Twesha Dikshit and Purvi Agarwal (Reuters) -Wall Street's main indexes dropped on Friday, as technology stocks came under renewed…

November 14, 2025

US House report accuses China of minerals market interference

By Ernest Scheyder and Pratima Desai (Reuters) -China has sought to manipulate global critical minerals prices for decades, using its…

November 14, 2025

Novo Nordisk chair touts OTC future for Wegovy as top investor tightens grip

By Jacob Gronholt-Pedersen and Stine Jacobsen COPENHAGEN (Reuters) -Newly-elected chairman of Wegovy-maker Novo Nordisk, Lars Rebien Sorensen, said on Friday…

November 14, 2025

Novo Nordisk's top owner seizes board control in shareholder vote

By Jacob Gronholt-Pedersen and Stine Jacobsen COPENHAGEN (Reuters) -Novo Nordisk's top shareholder forced through an overhaul of the Wegovy-maker's board…

November 14, 2025

Exclusive-A new rare earth crisis is brewing as yttrium shortages spread

By Lewis Jackson, Allison Lampert, Fanny Potkin and Ernest Scheyder BEIJING/MONTREAL/SINGAPORE/HOUSTON (Reuters) -Global supplies of the rare earth element yttrium…

November 14, 2025

Oil gains almost 2% as Russian port suspends oil exports after Ukrainian attack

By Anna Hirtenstein LONDON (Reuters) -Oil prices climbed nearly 2% on Friday, boosted by supply fears after the Black Sea…

November 14, 2025

Switzerland wins tariff rate cut to 15% in US trade deal

By John Revill ZURICH (Reuters) -The United States will slash its tariffs on goods from Switzerland to 15% from a…

November 14, 2025