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U.S. and Chinese flags are seen in this illustration taken, January 30, 2023.

China slaps anti-dumping levy on import of a US chemical amid rising trade tensions

Reuters |Updated 55 minutes ago |1 min read

BEIJING (Reuters) - China on Friday slapped a levy on imports of an acid from the United States widely used in food, feed, pesticides and medical fields, amid heightened tensions with Washington over bilateral trade. From Saturday, imports of ...

The UK-owned vessel Rubymar, which had sunk in the Red Sea after being struck by an anti-ship ballistic missile fired by Yemeni Houthi militants, is seen in this aerial view released on March 3, 2024. U.S. Central Command/Handout via

Shipping industry urges UN to protect vessels after Iran seizure

Reuters |Updated 1 hour ago |2 min read

LONDON (Reuters) - Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East and the United Nations must do more to protect supply chains, the industry said in a letter released on Friday. Tensions have ...

Figurines with computers and smartphones are seen in front of Facebook logo in this illustration taken, February 19, 2024.

Dutch privacy watchdog recommends government organisations stop using Facebook

Reuters |Updated 1 hour ago |1 min read

AMSTERDAM (Reuters) - The Dutch privacy watchdog AP on Friday said it was recommending that government organizations should stop using Facebook as long as it is unclear what happens with personal data of users of the government's Facebook pages. ...

The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022.

US equity funds see sharp outflows as investors brace for extended high rates

Reuters |Updated 1 hour ago |2 min read

(Reuters) - U.S. equity funds suffered sharp outflows in the seven days to April 17 as investors anticipated prolonged restrictive interest rates amid stubborn inflation in a resilient U.S. economy. Conflict escalation in the Middle East ...

Warner Bros. Discovery chief executive David Zaslav poses on the red carpet during the Oscars arrivals at the 96th Academy Awards in Hollywood, Los Angeles, California, U.S., March 10, 2024.

Warner Bros CEO pay rose nearly 27% in 2023

Reuters |Updated 4 minutes ago |1 min read

(Reuters) - Warner Bros Discovery CEO David Zaslav's annual compensation rose nearly 27% to $49.7 million in 2023, a filing with the Securities and Exchange Commission (SEC) showed on Friday. (Reporting by Harshita Mary Varghese; Editing by Ravi ...

Tigran Gambaryan, an executive of Binance, the world's largest cryptocurrency exchange, sits as he waits to face prosecution for tax evasion and money laundering at the federal high court in Abuja, Nigeria April 4, 2024.

Nigerian court adjourns Binance and executives' tax evasion trial to May 17

Camillus Eboh |Updated 1 hour ago |2 min read

By Camillus Eboh ABUJA (Reuters) - A Nigerian court on Friday adjourned a tax evasion trial against cryptocurrency exchange Binance and two of its executives to May 17 after the matter was stalled because the exchange has not been formally served ...

Street vendors wait for customers at an open market, ahead of Nigeria's Presidential election in Awka, Anambra state, Nigeria February 23, 2023.

Sub-Saharan Africa incomes falling further behind rest of world, says IMF

Karin Strohecker, Rachel Savage |Updated 1 hour ago |2 min read

By Rachel Savage and Karin Strohecker JOHANNESBURG/WASHINGTON (Reuters) - Incomes in Sub-Saharan Africa are falling further behind the rest of the world amid a "tepid" economic recovery, the International Monetary Fund (IMF) said on Friday, ...

Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, U.S. August 2, 2023.

Archer Aviation aims to start electric air taxi trials in India next year

Aditi Shah |Updated 2 hours ago |2 min read

By Aditi Shah NEW DELHI (Reuters) - Archer Aviation, backed by Stellantis and Boeing, aims to begin trials of its electric air taxi in India next year, ahead of a planned commercial launch in 2026, the company's chief executive told Reuters on ...

A passerby is reflected on an electric monitor displaying the graph of recent moments of the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan May 2, 2023.

Escalating Middle East tensions a fresh jolt to world markets

Dhara Ranasinghe, Lucy Raitano |Updated 2 hours ago |4 min read

By Lucy Raitano and Dhara Ranasinghe LONDON (Reuters) - Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper conflict has jolted world markets with geopolitical risks that can swiftly change the direction ...

A branch location of Fifth Third Bank is shown in Boca Raton, Florida, January 21, 2010.

Wall St sees more pain ahead for US mid-sized lenders after Q1 profits decline

Reuters |Updated 2 minutes ago |2 min read

By Manya Saini and Jaiveer Shekhawat (Reuters) -U.S. mid-sized banks' profits would remain under pressure for most of 2024, Wall Street analysts said, as higher deposit costs and muted loan growth drag their earnings. Regions Financial, Huntington ...

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