Business

Bessent, Chinese vice premier to meet to try to defuse US tariff hike

Bessent, Chinese vice premier to meet to try to defuse US tariff hike

By Doina Chiacu and Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Scott Bessent said on Friday he expects to…

October 18, 2025

US stocks to be tested by Tesla, Netflix earnings and delayed CPI report

By Lewis Krauskopf NEW YORK (Reuters) -Earnings reports next week, including from Tesla and Netflix, will provide a deeper look…

October 18, 2025

Exclusive-Activist HoldCo owns Eastern Bankshares stake, pushes for sale, sources say

By Svea Herbst-Bayliss BOSTON (Reuters) -Activist investor HoldCo Asset Management has built a sizable position in Eastern Bankshares and wants…

October 18, 2025

China sanctions on Hanwha threaten South Korea-US shipbuilding ties, officials say

By Hyunjoo Jin and Jack Kim SEOUL (Reuters) -China's sanctions on U.S.-linked units of shipbuilder Hanwha Ocean threaten to impact…

October 18, 2025

Wall Street ends higher as investors digest Trump trade comments

By Noel Randewich and Twesha Dikshit (Reuters) -Wall Street ended higher on Friday as investors assessed U.S. President Donald Trump's…

October 18, 2025

Bessent says US bought pesos again, currency slips

(Reuters) -The U.S. Treasury bought Argentine pesos in the spot and "Blue Chip Swap" markets on Thursday and it continues…

October 18, 2025

IAM, Boeing to resume contract talks on Monday

(Reuters) -The International Association of Machinists and Aerospace Workers union said on Friday that it had agreed to resume contract…

October 18, 2025

IMF chief hopes for US-China rare earths deal to avoid 'material impact' on global economy

WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva said on Friday she was hoping for an agreement between the…

October 18, 2025

Porsche tasks former McLaren boss Leiters with leading revival

By Rachel More BERLIN (Reuters) -Porsche lined up ex-McLaren boss Michael Leiters as its new CEO on Friday, in a…

October 17, 2025