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TikTok to let US Android users download app via kits on its website
TikTok said on Friday it was allowing U.S. Android users to download and connect to the short video app through package kits on its website, in an effort to circumvent restrictions on the popular platform in the country.
Sat, Feb 8
Wall Street closes lower on trade war escalation, weak data
Feb 7 (Reuters) - All three U.S. stock indexes closed lower on Friday after President Donald Trump's reciprocal tariff announcement followed weak jobs and consumer sentiment data.
Sat, Feb 8
US bond market lukewarm on Bessent's 10-year yield pledge
U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond market on Thursday, as inflationary pressures and expectations of a widening federal deficit threaten to outweigh efforts to curb borrowing costs.
Sat, Feb 8
Leaving Fed behind, top central banks have room to ease
Central banks around the globe have plenty of room to keep cutting interest rates, and a limited "decoupling" from the U.S. Federal Reserve could continue as it pauses its own policy easing, according to policymakers and analysts.
Sat, Feb 8
Affirm soars as strong holiday shopping powers BNPL lender's surprise profit
Feb 7 (Reuters) - Affirm's AFRM.O shares jumped 19.5% on Friday, as a strong holiday shopping season helped the buy now, pay later lender post a surprise quarterly profit and forecast upbeat annual revenue.
Sat, Feb 8
Trump says Nippon Steel will invest in US Steel, not buy it
Feb 7 (Reuters) - U.S. President Donald Trump said Nippon Steel's $14.9 billion bid for U.S. Steel would take the form of an investment instead of a purchase on Friday, even as two sources familiar with the matter said the Japanese steel company had not withdrawn its bid.
Sat, Feb 8
Trump says he will announce reciprocal tariffs on many countries next week
WASHINGTON, Feb 7 (Reuters) - President Donald Trump said on Friday he plans to announce reciprocal tariffs on many countries by Monday or Tuesday of next week, a major escalation of his offensive to tear up and reshape global trade relationships in the U.S.' favor.
Sat, Feb 8
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Crude grades edge higher as markets worry about tariffs, sanctions
Feb 7 (Reuters) - U.S. physical crude grades edge marginally higher on Friday, dealers said, as markets worried about tight supplies after new sanctions on Iran's crude exports and threats of tariffs on other countries.
Sat, Feb 8
Staffer with Elon Musk's DOGE amplified white supremacists online
WASHINGTON, Feb 7 (Reuters) - One of the people working with billionaire Elon Musk in his efforts to overhaul the U.S. government is a Berkeley-educated computer scientist who has boosted white supremacists and misogynists online.
Sat, Feb 8
Oil prices set for 3rd straight weekly fall on tariff concerns
Prices supported by new US sanctions on Iran crude exportsOffset by fears that trade tensions will hit demandTrump also repeating pledge to increase US oil productionAdds settlement prices, analyst comment HOUSTON, Feb 7 (Reuters) - Oil prices finished with daily gains on Friday after new sanctio...
Fri, Feb 7
US FDA approves AbbVie-Pfizer's treatment for intra-abdominal infections
Feb 7 (Reuters) - AbbVie ABBV.N said on Friday that the U.S. Food and Drug Administration approved its drug for complicated intra-abdominal infections, including those caused by drug-resistant bacteria.AbbVie and co-developer Pfizer's PFE.N drug, Emblaveo, is approved in combination with an...
Fri, Feb 7
US natgas prices hold at one-week high on rising LNG flows, colder forecasts
US gas storage withdrawals may have hit a record high in JanuaryUS gas production on track for record high in FebruaryUS LNG export feedgas on track for record high in FebruaryBy Scott DiSavinoFeb 7 (Reuters) - U.S. natural gas futures held near a one-week high on Friday on rising flows to liquefied
Fri, Feb 7
Chevron accelerates Kazakh oilfield ramp-up, sources say
Feb 7 (Reuters) - Chevron CVX.N is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources familiar with the plans told Reuters, raising its output to around 1% of global crude supply.
Fri, Feb 7
Trump administration to keep 611 USAID essential staff, notice says
The Trump administration will keep 611 essential workers on board at USAID, according to a notice sent to workers at the U.S. foreign aid agency late Thursday night and shared with Reuters by an administration official on Friday.
Fri, Feb 7
BRIEF-Alphabet Inc Cuts Share Stake In Gitlab; Dissolves Share Stake In Snowflake
Feb 7 (Reuters) - Alphabet Inc GOOGL.O:ALPHABET INC CUTS SHARE STAKE IN GITLAB INC BY 37.6% TO 6.1 MILLION SHARES OF CLASS A COMMON STOCK - SEC FILING.
ALPHABET DISSOLVES SHARE STAKE IN SNOWFLAKE INC
Fri, Feb 7
Trump inherits a labor market at full employment. Can he keep it there?
Defying fears of a pandemic-driven Great Depression and bucking Federal Reserve interest rate hikes as well, the U.S. job market has hit what U.S. central bank officials are characterizing as a moment of stable full employment, with balanced wage and job growth and a low unemployment rate.
Fri, Feb 7
China AI rally rouses trade war-weary markets
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com. MORNING BID EUROPE - CHINA AI RALLY ROUSES TRADE WAR-WEARY MARKETS An action-packed week in the markets is heading for a more sub
Fri, Feb 7
China's forex reserves rise unexpectedly in January
BEIJING, Feb 7 (Reuters) - China's foreign exchange reserves rose unexpectedly in January, central bank data showed on Friday, as the dollar lost some momentum.The country's foreign exchange reserves, the world's largest, rose $7 billion last month to $3.209 trillion, exceeding a Reuters...
Fri, Feb 7
German exports rise, industrial production falls
German exports contracted by 1.0% in 2024Industrial production decreased by 2.4% in DecemberIndustrial slump looks set to continue, economists sayAdds details and economists' commentsBy Maria Martinez BERLIN, Feb 7 (Reuters) - German exports rose in December while industrial output fell more ...
Fri, Feb 7
PRECIOUS-Gold set for sixth successive weekly gain; US payrolls report in focus
Gold has gained more than 2% this weekPalladium on track for weekly loss Nonfarm payroll data due at 1330 GMTUpdates with mid-session tradingBy Rahul Paswan Feb 7 (Reuters) - Gold prices rose on Friday, hovering near record-high levels and set for a sixth successive weekly gain, as trade war conc...
Fri, Feb 7
