@www.reuters.com.business@rss-parrot.net
I'm an automated parrot! I relay a website's RSS feed to the Fediverse. Every time a new post appears in the feed, I toot about it. Follow me to get all new posts in your Mastodon timeline! Brought to you by the RSS Parrot.
---
Find latest business news from every corner of the globe at Reuters.com, your online source for breaking international news coverage. - Powered by RSSHub
Site URL: www.reuters.com/business/
Feed URL: rsshub.app/reuters/business
Posts: 20
Followers: 1
Cathie Wood's Ark files for new ETFs to limit losses in flagship fund
Published: July 7, 2025 23:03
Cathie Wood's Ark Investment Management has filed proposals for four new exchange-traded funds that aim to cushion potential losses in its flagship ARK Innovation fund .
Samsung flags big miss in Q2 profit, citing US AI curbs on China
Published: July 7, 2025 22:55
Samsung Electronics on Tuesday projected a 56% drop in second-quarter operating profit from a year earlier, far worse than analysts expected as its struggling chip business faced U.S. chip curbs on China.
Apple's top AI executive Ruoming Pang leaves for Meta, Bloomberg News reports
Published: July 7, 2025 22:41
Apple's top executive in charge of artificial intelligence models, Ruoming Pang, is leaving the company for Meta Platforms , Bloomberg News reported on Monday, citing people with knowledge of the matter.
Trump executive order seeks end to wind and solar energy subsidies
Published: July 7, 2025 22:35
U.S. President Donald Trump on Monday directed federal agencies to strengthen provisions in the One Big Beautiful Bill Act that repeal or modify tax credits for solar and wind energy projects.
Canada's Aura Minerals prepares for Nasdaq listing, targets $2.1 billion valuation
Published: July 7, 2025 22:23
Canadian gold and copper miner Aura Minerals is preparing to list its shares on the Nasdaq, the company said on Monday, in a move that could fetch the company a valuation of $2.14 billion.
Abandoning EU's 2035 zero-emission car target would risk 1 million jobs, study says
Published: July 7, 2025 22:13
Europe's car industry could return to producing 16.8 million cars a year, equalling its post-2008 crisis peak, if the European Union maintains its 2035 clean cars target and implements policies to support the transition, a study published by campaign group…
UBS must face US investor litigation over Credit Suisse demise
Published: July 7, 2025 21:54
UBS must face two lawsuits by investors who said the former Credit Suisse defrauded them prior to its March 2023 demise with false and misleading statements about its financial condition, a U.S. judge ruled on Monday.
Trump signs executive order extending tariff deadline to August 1
Published: July 7, 2025 21:51
U.S. President Donald Trump signed an executive order Monday extending the date on which so-called "reciprocal" tariffs will take effect to August 1.
California fails to stop 23andMe founder from re-acquiring company
Published: July 7, 2025 21:46
Genetic testing company 23andMe can proceed with a $305 million sale to the company’s co-founder Anne Wojcicki after a U.S. bankruptcy judge rejected California's bid to delay the sale while the state appeals over privacy concerns related to the deal.
South Korea to step up US trade talks before tariffs kick in on August 1
Published: July 7, 2025 21:44
South Korea said it planned to intensify trade talks with the United States and considers U.S. President Donald Trump's plan for a 25% tariff from August 1 as effectively extending a grace period on implementing reciprocal tariffs.
Australia's Qantas says cyber criminal contacts one week after data breach
Published: July 7, 2025 21:42
A cyber criminal has made contact with Australia's Qantas following a data breach last week that exposed personal information of six million customers, a company spokesperson told Reuters on Tuesday.
Trading Day: Tariff headlines and moving deadlines
https://www.reuters.com/world/china/global-markets-trading-day-2025-07-07/
Published: July 7, 2025 21:04
TRADING DAY
EU avoids US tariff letter, eyes concessions, EU sources say
Published: July 7, 2025 19:53
The European Union will not receive a letter from the United States setting out higher tariffs, EU sources familiar with the matter told Reuters on Monday, and is eyeing possible exemptions from the U.S. baseline levy of 10%.
BRICS tariff to be applied only if they adopt policies deemed 'anti-American', source says
Published: July 7, 2025 18:19
The Trump administration will not immediately impose a new 10% tariff against members of the developing nation BRICS bloc, but will proceed if countries take so-called "anti-American" policy actions, according to a source familiar with the matter.
Investors to double down on US junk bonds on another tariff tantrum
Published: July 7, 2025 14:18
When President Donald Trump's 90-day pause on U.S. tariffs ends Wednesday, once-bitten-twice-shy bond investors could take on more risk by adding high-yield bonds to portfolios, rather than panic-sell credit as seen after April 2's 'Liberation Day' tariff…
Exclusive: Nestle chair's exit followed rising unease over direction, investors say
Published: July 7, 2025 13:41
Nestle's recent announcement that Chairman Paul Bulcke will step down followed rising investor unease over the food group's share price, the tenure of previous CEO Mark Schneider and concerns its corporate governance model was out of date, investors told…
CoreWeave to buy Core Scientific in $9 billion deal to meet AI power needs
Published: July 7, 2025 12:34
CoreWeave will buy crypto miner Core Scientific in an all-stock deal valued at about $9 billion, it said on Monday, as AI infrastructure firms race to secure the energy and data center capacity needed to power surging demand.
Japan, South Korea hit with 25% tariffs as Trump ramps up trade war in letters to leaders
Published: July 7, 2025 10:42
U.S. President Donald Trump on Monday began telling trade partners – from powerhouse suppliers like Japan and South Korea to minor players – that sharply higher U.S. tariffs will start August 1, marking a new phase in the trade war he launched earlier this…
Wall St knocked lower by tariff jitters; Musk's political plan hits Tesla
https://www.reuters.com/business/wall-st-futures-slip-markets-await-clarity-tariffs-2025-07-07/
Published: July 7, 2025 10:07
Wall Street's major indexes closed sharply lower on Monday, after U.S. President Donald Trump announced hefty tariffs against Japan, South Korea and other trading partners while Tesla shares sank after CEO Elon Musk said he was forming a new U.S. political…
Tesla slides as Musk's 'America Party' heightens investor worries
Published: July 7, 2025 06:44
Tesla shares fell nearly 8% on Monday after CEO Elon Musk's plans to launch a new U.S. political party reignited concerns about his commitment to the company's future as it struggles with declining sales.