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Oil prices rise as China says it's open for trade talks with US
Oil prices pulled ahead in early Asian hours on Friday after China said its door is open for talks with the United States, raising hopes of a de-escalation in a bitter trade war between the world's two largest economies.
May 2, 2025
Spotify submits app update to Apple with external link for purchases in US
Spotify SPOT.N said on Thursday it has submitted an app update to Apple AAPL.O with an external link to buy subscriptions, after a U.S. judge ruled that the iPhone maker violated the order that required it to allow greater competition for app downloads.
May 2, 2025
China says US eager to negotiate on tariffs, Beijing's door is 'open'
China's commerce ministry said on Friday the United States has repeatedly expressed its willingness to negotiate on tariffs and that Beijng's door is open for talks.
May 2, 2025
Japan says it discussed trade, non-tariff measures during US tariff talks
Japan's top economic negotiator said on Friday that tariff negotiations with the United States covered how Japan can expand trade, non-tariff measures and economic security cooperation.
May 2, 2025
[Reuters Analysis] Trump administration sues four Democratic-led states to block climate laws, lawsuits
President Donald Trump's administration said on Thursday it is suing four Democratic-led states to prevent them from enforcing "burdensome and ideologically motivated" laws and pursuing lawsuits against the fossil fuel industry over the harms caused by climate change.
May 2, 2025
[Reuters Analysis]Apple girds for more trade war pain, trims buyback
Apple AAPL.O on Thursday trimmed its share buyback program by $10 billion, with CEO Tim Cook telling analysts that tariffs could add about $900 million in costs this quarter as the iPhone maker shifts its vast supply chain to minimize the impact of President Donald Trump's trade war.
May 1, 2025
PRECIOUS-Gold hits two-week low as easing trade tensions boost risk appetite
Trump says he has 'potential deals' with India, South Korea and JapanUS economy shrinks in first quarter of fiscal 2025US nonfarm payroll report due on FridayWeaker payroll report may push gold to $3,500 over the coming months, analyst saysBy Anmol Choubey May 1 (Reuters) - Gold fell near...
May 1, 2025
BOJ keeps rates steady, cuts growth forecasts on US tariff hit
BOJ keeps interest rate steady at 0.5% as widely expectedBoard cuts growth forecasts in quarterly reportBOJ delays projected timing of hitting target by a yearUeda says BOJ still on course for further rate hikesWarns of shaky baseline scenario, huge uncertaintyBy Leika Kihara and Makiko Yamazaki ...
May 1, 2025
Japan's Nikkei climbs as BOJ signals longer road to rate hikes
TOKYO, May 1 (Reuters) - Japan's Nikkei share average rose on Thursday, extending early gains after the Bank of Japan slashed growth and inflation forecasts in a sign it would take longer than previously expected to raise interest rates again.
May 1, 2025
Airbus urges return to zero-tariff deal as first quarter beats forecasts
PARIS, April 30 (Reuters) - The head of Europe's Airbus AIR.PA called for a return to tariff-free trading for aerospace on Wednesday, joining a chorus of U.S. industry leaders seeking relief from a growing tariff war in which Airbus warned there could be "only losers".
May 1, 2025
JGB yields slide after BOJ cuts economic growth forecasts
TOKYO, May 1 (Reuters) - Japan's government bonds (JGBs) rose on Thursday, driving yields lower, after the nation's central bank said it had become more pessimistic about the economy.
May 1, 2025
Meta's strong ad sales dampen tariff-induced fears
April 30 (Reuters) - Meta Platforms META.O rode strong advertising performance to beat analysts' revenue estimates for the first quarter and match expectations for the next quarter on Wednesday, assuaging investor concerns over tariff-related economic growth fears.
May 1, 2025
Japan's 10-year bond yield falls ahead of BOJ policy decision
TOKYO, May 1 (Reuters) - Japan's 10-year government bond yield fell on Thursday as investors awaited the Bank of Japan's (BOJ) policy decision later in the day.
May 1, 2025
US judge rules Apple violated order to reform App Store
April 30 (Reuters) - Apple AAPL.O violated a U.S. court order that required the iPhone maker to allow greater competition for app downloads and payment methods in its lucrative App Store and will be referred to federal prosecutors, a federal judge in California ruled on Wednesday.
May 1, 2025
PRECIOUS-Gold retreats on firm dollar, US payrolls data on tap
May 1(Reuters) - Gold was subdued on Thursday on the dollar's strength, while investors awaited more clarity on trade policy between the U.S. and its trading partners, and looked forward to the U.S. non-farm payrolls report due this week.FUNDAMENTALS * Spot gold XAU= fell 0.7% to $3,265.45 an ou...
May 1, 2025
Trump struggles to explain weak economic data as he reaches 100-day mark
By Trevor Hunnicutt WASHINGTON, April 30 (Reuters) - President Donald Trump on Wednesday counseled patience, cast blame and claimed victory in the face of a first-quarter U.S. economic contraction and tariffs that have taken a bite out of his popularity, saying a resurgence was around the corner....
Apr 30, 2025
Oil settles lower, posts steepest monthly decline since 2021
Saudi Arabia signals it can live with lower oil pricesUS economy contracts in the first quarterMarket expects further increase in OPEC+ outputBy Nicole Jao NEW YORK, April 30 (Reuters) - Oil prices settled down on Wednesday and recorded the largest monthly drop in almost 3-1/2 years after Saudi A...
Apr 30, 2025
US natgas prices slide 2% on mild weather, lower demand
U.S. LNG export feedgas on track to hit record high in AprilU.S. gas output on track to hit record high in AprilU.S. gas storage about 1% below five-year averageBy Scott DiSavino April 30 (Reuters) - U.S. natural gas futures slid about 2% on Wednesday on forecasts for milder weather and lower...
Apr 30, 2025
Snap drops as scrapped forecast stokes ad slowdown fears before Meta earnings
April 30 (Reuters) - Snap SNAP.N shares tumbled more than 15% in premarket trading on Wednesday after the social media company held back its forecast, stoking fears that advertisers were cutting their spending due to tariff-led economic uncertainty.
Apr 30, 2025
Coca-Cola beats results estimates, warns tariffs could hurt sentiment
April 29 (Reuters) - Coca-Cola's KO.N quarterly revenue and profit beat estimates on Tuesday thanks to price hikes and strong demand for its sodas, but the beverage giant warned U.S. tariffs could impact costs and hurt consumer sentiment going ahead.
Apr 30, 2025
