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South Korea trade envoy says US showed willingness to reach deal over tariffs
SEOUL, April 11 (Reuters) - South Korea's top trade envoy said on Friday his U.S. counterpart signaled a willingness to reach a deal over tariffs and that Seoul will negotiate in the best interests of the country despite a looming election, local broadcaster KBS reported. Cheong In-kyo, minister...Reuters
Fri, Apr 11
UK medical devices group Niox halts sale after Keensight backs out
April 11 (Reuters) - Niox Group NIOX.L has halted its sale process after suitor Keensight Capital withdrew its interest in making a buyout offer due to challenging macroeconomic conditions, the British medical device maker said on Friday.In March, Paris-based private equity firm Keensight proposed a...Reuters
Fri, Apr 11
US chipmakers outsourcing manufacturing will escape China's tariffs
By Eduardo Baptista and Che PanBEIJING, April 11 (Reuters) - U.S. chipmakers which outsource manufacturing will be exempt from China's retaliatory tariffs on U.S. imports, according to a notice by the main Chinese semiconductor association on Friday.Given the highly specialized and multi-country...Reuters
Fri, Apr 11
Google lays off hundreds of employees in Android, Pixel teams, The Information reports
April 11 (Reuters) - Alphabet's Google GOOGL.O laid off hundreds of employees in its platforms and devices unit, The Information reported on Friday, citing a person with direct knowledge of the situation.The cuts in the division, which houses the Android platform, Pixel phones and the Chrome bro...Reuters
Fri, Apr 11
China's foreign minister says US cannot 'act recklessly'
BEIJING, April 11 (Reuters) - Chinese Foreign Minister Wang Yi said on Friday that "the U.S. cannot act recklessly, and the wheel of history cannot go backwards," referring to U.S. tariffs on China.Wang made the remarks in a meeting with the International Atomic Energy Agency's Director ...Reuters
Fri, Apr 11
Berlin: 'Massive escalation' between China, US will affect export-driven Germany
BERLIN, April 11 (Reuters) - The export-driven German economy will feel the impact of a "massive escalation" in the trade dispute between China and the United States, a government spokesperson said on Friday."We are currently seeing a very massive escalation in trade issues between the U...Reuters
Fri, Apr 11
US immigration judge to decide whether Columbia student Mahmoud Khalil can be deported
Khalil's lawyers argue deportation targets protected speech under U.S. ConstitutionKhalil's case tests Trump's efforts to deport pro-Palestinian studentsRubio says Khalil's presence in U.S. has adverse foreign policy impactBy Jonathan Allen JENA, Louisiana, April 11 (Reuters) - A ...Reuters
Fri, Apr 11
Trump to undergo first physical of his second term
By Andrea Shalal WASHINGTON, April 11 (Reuters) - Donald Trump, the oldest person to assume the U.S. presidency, is set to undergo his first physical examination of his second term on Friday.Trump, who turns 79 in June, is known for his love of fast food but often talks about his robust physical ...Reuters
Fri, Apr 11
Space startups face uncertainty as US cuts federal spending, report says
By Akash Sriram April 11 (Reuters) - U.S. federal budget cuts have started to have some early impact on space startups after funding for such companies dropped 12.5% in the first quarter, according to investment firm Seraphim Space.Elon Musk-led Department of Government Efficiency and the Trump a...Reuters
Fri, Apr 11
EU trade chief Sefcovic to travel to Washington on Sunday
DUBLIN, April 11 (Reuters) - European trade commissioner Maros Sefcovic is to travel to Washington on Sunday for talks, an EU spokesman said on Friday. "The trade commissioner is going to Washington to try and sign deals. That is what we are focused on. All options are on the table should that n...Reuters
Fri, Apr 11
Gerresheimer CEO On Call Says Takeover Talks Are Ongoing
April 11 (Reuters) - GERRESHEIMER AG GXIG.DE:CEO ON CALL - EXPECT TO RESTORE FULL CAPACITY AT MORGANTON FACILITY IN NEXT WEEKS (NOT WEEK) (CLARIFIES TIME FRAME)CEO ON CALL - TAKEOVER TALKS ARE ONGOING, NO CHANGE TO THE AD HOC INFORMATION WE GAVE TO THE MARKETReuters
Fri, Apr 11
Deals of the day-Mergers and acquisitions
April 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Volkswagen's VOWG.DE truckmaker Scania said it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first pr...Reuters
Fri, Apr 11
Impact of tariffs on developing countries could be 'catastrophic', says UN trade agency
By Olivia Le Poidevin GENEVA, April 11 (Reuters) - Sweeping tariffs on imports imposed by U.S. President Donald Trump and countermeasures could have a "catastrophic" impact on developing countries, hitting even harder than foreign aid cuts, the director of the United Nations trade...Reuters
Fri, Apr 11
Vertex Researcher, Paul Negulescu Ph.D., Receives The 2025 Canada Gairdner International Award For Pioneering Research And Discovery Of Medicines For Cystic Fibrosis
April 11 (Reuters) - Vertex Pharmaceuticals Inc VRTX.O:VERTEX RESEARCHER, PAUL NEGULESCU PH.D., RECEIVES THE 2025 CANADA GAIRDNER INTERNATIONAL AWARD FOR PIONEERING RESEARCH AND DISCOVERY OF MEDICINES FOR CYSTIC FIBROSISReuters
Fri, Apr 11
FACTBOX-Companies eye US expansion to lessen fallout from tariffs
April 11 (Reuters) - Some companies have said they are looking at expanding their presence or setting up shop in the United States to mitigate the impact of President Donald Trump's sweeping tariffs.Below are some of the plans companies have flagged.BARRY CALLEBAUT BARN.SThe chocolate maker is p...Reuters
Fri, Apr 11
Cox To Attend To Expressions Of Interest In Share Exchange Of Mexico's Cox Energy
April 11 (Reuters) - Cox Abg Group SA COXGA.MC:TO ATTEND TO EXPRESSIONS OF INTEREST IN SHARE EXCHANGE RECEIVED FROM ANY SHAREHOLDER OF COX ENERGYTO CONSIDER DELISTING OR CANCELLATION OF LISTING OF MEXICAN UNIT COX ENERGY SHARESReuters
Fri, Apr 11
Russia accuses Ukraine of attacking its energy infrastructure five times in past 24 hours
MOSCOW, April 11 (Reuters) - The Russian Defence Ministry on Friday accused Ukraine of attacking Russian energy infrastructure five times in the last 24 hours despite a U.S.-brokered moratorium on strikes on each other's energy facilities.The ministry said in a statement that Ukrainian strikes h...Reuters
Fri, Apr 11
Taiwan's Vanguard to hasten construction of Singapore factory
By Wen-Yee Lee TAIPEI, April 11 (Reuters) - Taiwan's Vanguard International Semiconductor 5347.TWO said on Friday it will speed up construction of its 12-inch wafer fab in Singapore as geopolitical risks prompt customers to seek more options to make chips outside China. Construction of the fa...Reuters
Fri, Apr 11
China's JD.com to spend 200 billion yuan to help exporters go domestic amid trade war
BEIJING, April 11 (Reuters) - China's e-commerce giant JD.com announced on Friday it will launch a 200 billion yuan ($27.35 billion) fund aimed at helping the country's exporters sell their products domestically, as a U.S.-China trade war intensifies.Beijing on Friday increased its tariffs o...Reuters
Fri, Apr 11
