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Trump wants to kill $52.7 billion semiconductor chips subsidy law
WASHINGTON, March 4 (Reuters) - President Donald Trump said on Tuesday U.S. lawmakers should get rid of a landmark 2022 bipartisan law to give $52.7 billion in subsidies for semiconductor chips manufacturing and production and use the proceeds to pay debt.
Wed, Mar 5

WRAPUP 9-Trump triggers trade war, price hikes with tariffs on Canada, China and Mexico
Tariffs on Canadian, Mexican, Chinese goods come into forceChina say it's ready for tariff war or 'any other type of war'Trump says more tariffs coming April 2U.S. Commerce chief says Trump may work out partial solutionCanada's Trudeau tells Trump, 'this is a very dumb thing to d...
Wed, Mar 5

[Reuters Analysis] Italy looks to foreigners as retail bond market loses steam
MILAN, March 5 (Reuters) - Italy's campaign to put more of its huge public debt in the hands of small domestic savers will grow increasingly difficult, analysts say, but foreign investors lured by Rome's political stability and improving finances can plug any funding gap.
Wed, Mar 5

[Reuters Analysis] Europe's airlines pivot to bite size M&A deals to limit cost, regulatory burden
LONDON, March 5 (Reuters) - Europe's major airlines are targeting smaller deals and tie-ups after facing regulatory push-back against full mergers, focusing on minority stakes to strengthen their position against rivals.Executives have called for further consolidation in European aviation market
Wed, Mar 5

WRAPUP 15-Trump says Ukraine willing to negotiate, Russia 'ready for peace'
Trump says Ukraine ready for peace talks, cites Zelenskiy letterTrump says "strong signals" Russia ready for peaceTrump, Zelenskiy say ready to sign minerals dealEuropean allies pressured as U.S. shifts stance on RussiaBy Erin Banco, Max Hunder and Olena Harmash WASHINGTON/KYIV, March 4 (...
Wed, Mar 5

DOGE website offers error-filled window into Musk's government overhaul
WASHINGTON, March 4 (Reuters) - A spartanly furnished web page with columns of numbers and bar charts on a dark background is the only official window into billionaire Elon Musk's effort to slash U.S. government spending and the size of the federal workforce. However, the view it offers of the cost-
Wed, Mar 5

Trump wants to kill $52.7 billion semiconductor chips subsidy law
WASHINGTON, March 4 (Reuters) - President Donald Trump said Tuesday U.S. lawmakers should get rid of a landmark 2022 bipartisan law to give $52.7 billion in subsidies for semiconductor chips manufacturing and production and use the proceeds to pay debt."The CHIPS act is a horrible, horrible thin...
Wed, Mar 5

China maintains defence spending increase at 7.2% amid roiling geopolitical tensions
Growth figure matches last year's riseBeijing keeps military spending above broader growth figureReport calls for combat readiness, "improved political conduct"By Laurie Chen and Greg Torode BEIJING, March 5 (Reuters) - China will boost its defence spending by 7.2% this year, maintai...
Wed, Mar 5

Oil falls as OPEC+ plans to raise output, U.S. tariffs hammer sentiment
March 5 (Reuters) - Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns U.S. tariffs on Canada, Mexico and China will slow economic and fuel demand growth hammered investor sentiment.
Wed, Mar 5

China's services activity grows modestly in February, Caixin PMI shows
BEIJING, March 5 (Reuters) - China's services activity slightly expanded in February, driven by a faster rebound in demand, including export orders, a private sector survey showed on Wednesday, though an escalating U.S.-Sino tariff war has cast uncertainty over the outlook.
Wed, Mar 5

Toyota aims for consistent return on equity, finance executive says
TOKYO, March 5 (Reuters) - Toyota Motor 7203.T is increasingly focusing on return on equity as a performance measure, talking internally about raising ROE to 20% as one guideline, a senior finance executive at the Japanese automaker said during an interview on Monday.
Wed, Mar 5

Samsung SDI CEO says EV demand to remain sluggish until H1 of 2026
SEOUL, March 5 (Reuters) - The chief executive of South Korean battery maker Samsung SDI 006400.KS said on Wednesday demand for electric vehicles will remain sluggish until the first half of next year.CEO Choi Joo-sun also told reporters at a major battery expo that the company's earnings will l...
Wed, Mar 5

Baidu Announces Proposed Offering Of CNY-Denominated Senior Notes
March 5 (Reuters) - Baidu Inc 9888.HK:PRINCIPAL AMOUNT AND OTHER TERMS OF NOTES WILL BE DETERMINED AT TIME OF PRICING OF NOTES OFFERINGFurther company coverage: 9888.HK
Wed, Mar 5

China hits US soybean firms, halts log imports as it steps up retaliation against Trump tariffs
China suspends soybean import licence for three U.S. firms Also suspends imports of U.S. logsChina says suspension due to phytosanitary issues Suspension coincides with retaliatory measures against U.S. tariffs By Mei Mei Chu and Ella Cao BEIJING, March 4 (Reuters) - China suspended on Tuesday t...
Tue, Mar 4

Brent settles down, hit 6-month low on OPEC+ output rise, tariffs, Ukraine news
OPEC+ to proceed with planned April oil output increase US tariffs on Mexico and Canada took effect on TuesdayChina announces 10-15% increases to import levies on US productsUS orders end of Chevron's Venezuela oil exports in 30 daysBy Stephanie Kelly NEW YORK, March 4 (Reuters) - Oil prices ...
Tue, Mar 4

European shares log worst day in over six months after Trump's tariffs materialize
Automakers lead declines after Trump's tariffs become realityThales gains after stronger-than-expected 2024 earningsLindt rises after better-than-expected operating profit STOXX 600 tumbles 2.1% to lowest in over two weeks By Nikhil Sharma and Purvi Agarwal March 4 (Reuters) - European shares...
Tue, Mar 4

China hits US agriculture, says it won't be bullied by fresh Trump tariffs
China slaps 10%-15% retaliatory levies on U.S. agriculture exportsLevies will affect about $21 billion in US exportsClamps export, investment controls on 25 U.S. firmsBeijing still hopes for truce with Trump team, analysts sayTension risk worsening U.S. inflation, China recoveryBy Joe Cash, Mei Mei ...
Tue, Mar 4

Johnson & Johnson Medtech Shockwave Medical Announces U.S. Launch Of Shockwave Javelin Peripheral IVL Catheter
March 4 (Reuters) - Johnson & Johnson JNJ.N:JOHNSON & JOHNSON MEDTECH: SHOCKWAVE MEDICAL ANNOUNCES U.S. LAUNCH OF SHOCKWAVE JAVELIN PERIPHERAL IVL CATHETER
Tue, Mar 4

PRECIOUS-Gold extends gains as safe-haven rush follows Trump's tariffs
Trump hits Canada, Mexico, and China with steep tariffs US nonfarm payrolls due on FridayGold to re-test the highs over the coming weeks, says analystBy Rahul Paswan March 4 (Reuters) - Gold prices extended gains on Tuesday, driven by safe-haven demand as trade conflicts erupted after U.S. Presid...
Tue, Mar 4

US grains slip again as Chinese tariffs add to trade worries
PARIS/SINGAPORE, March 4 (Reuters) - Chicago corn, soybeans and wheat lost more ground on Tuesday, setting fresh multi-week lows as retaliatory Chinese tariffs on U.S. farm goods heightened concerns that President Donald Trump's trade policy will disrupt U.S. agricultural exports.
Tue, Mar 4



