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Elon Musk says Senate bill would destroy jobs and harm US
June 28 (Reuters) - Billionaire Elon Musk on Saturday criticized the latest version of President Donald Trump's tax and spending bill released by the U.S. Senate, calling it "utterly insane and destructive," weeks after the world's richest person and its most powerful ended a feud sp...
Mon, Jun 30
Nvidia insiders sold over $1 billion in stock amid market surge, FT reports
June 29 (Reuters) - Nvidia NVDA.O insiders sold over $1 billion worth of company stock in the past year, with a notable uptick in recent trading activity as executives capitalize on surging investor interest in artificial intelligence, the Financial Times reported on Sunday. More than $500 million o
Mon, Jun 30
Trump's sweeping tax-cut, spending bill clears first US Senate hurdle
Procedural vote sets stage for overnight debateLawmakers hope to complete work on bill on MondayChanges made to Medicaid, state and local tax provisionsNonpartisan group says bill would add $4 trillion to debtBy David Morgan and Nicole Johnson WASHINGTON, June 29 (Reuters) - The Republican-contro
Mon, Jun 30
IAEA chief says Iran could be enriching uranium within months
IAEA head Grossi says strikes were significant setback for Iran'One cannot claim that everything has disappeared': GrossiIran sophisticated in nuclear tech, 'cannot disinvent this': Grossi June 29 (Reuters) - Iran could be producing enriched uranium in a few months, the head of th...
Mon, Jun 30
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Trump says he would consider bombing Iran again, drops sanctions relief plan
Trump says he vetoed Israeli plan to kill KhamaneiTrump has abandoned plans to lift sanctions on IranIAEA inspections of Iranian sites suspended by Iran's parliamentBy Trevor Hunnicutt and Steve Holland WASHINGTON, June 27 (Reuters) - U.S. President Donald Trump sharply criticized Iran's ...
Mon, Jun 30
Trump says he won't appoint anyone to Fed who doesn't back rate cuts
Trump expects Fed chair candidates to support rate cutsTrump criticizes Powell, says he would like him to resignPotential candidates include Bessent, Hassett, Warsh, WallerBy Trevor Hunnicutt and Kanishka SinghWASHINGTON, June 27 (Reuters) - U.S. President Donald Trump said on Friday he would not ap
Mon, Jun 30
[Reuters Analysis] U.S. strikes on Iran's nuclear sites set up "cat-and-mouse" hunt for missing uranium
VIENNA, June 29 (Reuters) - The U.S. and Israeli bombing of Iranian nuclear sites creates a conundrum for U.N. inspectors in Iran: how can you tell if enriched uranium stocks, some of them near weapons grade, were buried beneath the rubble or had been secretly hidden away?
Mon, Jun 30
US-Canada trade talks stopped until certain taxes dropped, Trump tells Fox News
WASHINGTON, June 29 (Reuters) - U.S. trade talks with Canada will be stopped "until such time as they drop certain taxes," President Donald Trump said in an interview broadcast on Sunday.Trump made the remarks in an interview on Fox News' "Sunday Morning Futures with Maria Bartiromo&...
Mon, Jun 30
DeepSeek faces ban from Apple, Google app stores in Germany
Germany says DeepSeek illegally transfers user data to ChinaApple and Google must now review Germany's requestItaly blocked DeepSeek app earlier this year By Hakan Ersen and Miranda Murray FRANKFURT, June 27 (Reuters) - Germany's data protection commissioner has asked Apple AAPL.O and Goo...
Fri, Jun 27
Nike rallies on efforts to tackle tariff costs as turnaround takes shape
By Juveria Tabassum, Helen Reid and Joel Jose June 27 (Reuters) - Nike NKE.N shares surged 13.3% on Friday as an encouraging forecast on the back of its turnaround effort and plans to reduce China production for U.S.-bound goods bolstered investor confidence.Major brands have spent years shiftin...
Fri, Jun 27
US says deal with Beijing will expedite rare earth exports from China
China had committed to removing non-tariff countermeasures in May talksChina's dual-use restrictions slow rare earth licensing processTrump says there might be a separate deal with IndiaBy Nandita Bose and David Lawder WASHINGTON, June 27 (Reuters) - The United States and China have resolved ...
Fri, Jun 27
TREASURIES-US yields retreat from day's highs after weak spending data
NEW YORK, June 27 (Reuters) - U.S. Treasury yields came off session highs on Friday, but remained marginally up on the day, after data showed consumer spending declined unexpectedly in May even though inflation remained tepid, as markets started pricing in a quicker pace of Federal Reserve easing...
Fri, Jun 27
Nasdaq hits record high, on track for a new bull market
June 27 (Reuters) - The Nasdaq hit a record high on Friday, as investors piled into technology companies on optimism around artificial intelligence and the prospect for looser monetary policy, putting the index on track to confirm a bull market.The tech-heavy index .IXIC was last up 0.4% at 20,243..
Fri, Jun 27
Wall Street futures higher but consumer spending raises some eyebrows
Wall Street equity indexes were higher on Friday although they pared gains along with Treasury yields after the morning's crop of economic data releases. U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead of tariffs faded but..
Fri, Jun 27
Bumper orders for Xiaomi's new SUV heighten threat to Tesla
YU7 is only Xiaomi's second car, priced 4% lower than Tesla's Model YTesla expected to lose market share, may need to cut prices to fight backXiaomi's shares, on a tear this year, hit record high By Brenda Goh, Qiaoyi Li and Che PanSHANGHAI/BEIJING, June 27 (Reuters) - Exceptionally str...
Fri, Jun 27
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German long-term yields set for biggest weekly rise in four months amid fiscal spending boost
June 27 (Reuters) - German 30-year government bond yields were on track for their biggest weekly increase in nearly four months after rising this week on expectations of increased borrowing by Germany's government.
Fri, Jun 27
Japan private-sector rice imports soar in May
TOKYO, June 27 (Reuters) - Japan's private-sector rice imports rocketed higher in May as the country grapples with supply shortages that have become a major headache for both consumers and policymakers.Some 10,600 metric tons of so-called staple rice - which is consumed at meals as opposed to ri...
Fri, Jun 27
MORNING BID EUROPE-Stock markets opt for optimism
A look at the day ahead in European and global markets from Rae Wee.
Fri, Jun 27
SoftBank aims to become leading 'artificial super intelligence' platform provider
TOKYO, June 27 (Reuters) - SoftBank Group 9984.T CEO Masayoshi Son on Friday said he wants the Japanese technology investment group to become the biggest platform provider for "artificial super intelligence" within the next 10 years.
Fri, Jun 27
Chicago soybeans set for second weekly loss on favourable weather, supplies
BEIJING, June 27 (Reuters) - Chicago soybean futures were poised for a second consecutive weekly loss on Friday, pressured by favourable weather in the U.S. Midwest and abundant global supplies.
Fri, Jun 27
