WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai on Tuesday recommended raising tariffs on a range of Chinese goods, saying additional actions were needed to address China’s[...]
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May 14, 2024
US small business sentiment rebounds in April
WASHINGTON (Reuters) – U.S. small-business confidence increased in April and the share of owners planning to raise prices was the smallest in a year, but persistent labor shortages continued to[...]
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Factbox-US companies with highest exposure to China
(Reuters) – U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicles, computer chips and medical products, riski[...]
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Nomura aims to nearly double profit over 7 years with focus on wealth management
(This May 14 story has been refiled to clarify that hiring of more than 70 private bankers was as of October 2023 in paragraph 6, and to amend reference to ROE in paragraph 9) By Anton Bridge and Miho[...]
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Factbox-What the US-China trade looks like by sector
(Reuters) – U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicles, computer chips and medical products, riski[...]
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Kraft Heinz exploring sale of Oscar Mayer business, WSJ reports
(Reuters) -Kraft Heinz is exploring a sale of its Oscar Mayer meats business that could fetch anything between $3 billion to $5 billion, the Wall Street Journal reported on Monday, citing people famil[...]
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Apple set to sell Vision Pro headset outside US, Bloomberg News reports
(Reuters) – Apple is gearing up to sell its Vision Pro mixed-reality headset outside the United States, Bloomberg News reported on Monday, in a bid to invigorate demand for its most expensive be[...]
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Bayer’s first-quarter adjusted profit falls less than expected
By Ludwig Burger FRANKFURT (Reuters) -Bayer beat first-quarter analyst forecasts as it reported a slight drop in adjusted earnings on Tuesday, providing a respite for the CEO’s turnaround effort[...]
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Investors ‘most bullish’ since Nov 2021 – BofA survey
MILAN (Reuters) -Expectations over interest rate cuts rather than earnings optimism has made investors the “most bullish” since November 2021, Bank of America’s monthly fund manager[...]
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