China’s US envoy urges end to trade war, but warns Beijing ready to fight
By Lewis Jackson (Reuters) -China’s ambassador to the United States, Xie Feng, has urged Washington to seek common ground with…
Business
China shipbuilders rip Trump’s ‘short-sighted’ US port fees
BEIJING (Reuters) -China’s shipbuilders on Saturday blasted as “short-sighted” U.S. port fees announced by President Donald Trump’s administration on China-linked…
Apple’s China smartphone shipments slide 9% in first quarter
By Che Pan and Brenda Goh BEIJING (Reuters) -Apple’s shipments of smartphones in China slumped 9% in the first quarter…
Capital One, Discover deal approved by US bank regulators
By Chris Prentice and Saeed Azhar NEW YORK (Reuters) -U.S. banking regulators said on Friday they approved Capital One’s $35.3…
Caterpillar names insider Joe Creed as successor to CEO Umpleby
(Reuters) -Caterpillar said on Tuesday that Chief Operating Officer Joe Creed would succeed Jim Umpleby as CEO, a move that…
Barclays downgrades US auto sector due to Trump’s tariff policy
(Reuters) – Barclays on Tuesday downgraded U.S. autos and mobility sector to “negative” from “neutral”, warning that President Donald Trump’s…
Lucid says it is on track to enter midsize electric SUV market next year
By Abhirup Roy and Akash Sriram (Reuters) – Lucid is on track to launch its midsize electric SUV in 2026,…
Meta nears release of new AI model Llama 4 this month, the Information reports
(Reuters) – Meta Platforms plans to release the latest version of its large language model later this month, after delaying…
US oil service firms set for hit from Trump tariffs, tumbling oil prices
By Georgina McCartney HOUSTON (Reuters) – U.S. oilfield service firms are bracing for a hit as President Donald Trump’s tariffs…
Goldman Sachs raises end-2025 gold price forecast to $3,300 per ounce
(Reuters) – Goldman Sachs on Wednesday raised its end-2025 gold price forecast to $3,300 per ounce from $3,100, citing stronger-than-expected…