TOP NEWS
PIMCO bullish on stocks on US soft landing hopes, cautious on inflation
By Davide BarbusciaNEW YORK (Reuters) - An optimistic outlook on the U.S. economy is prompting U.S. bond giant PIMCO to...
Musk, Ramaswamy plan to lean on Supreme Court rulings to reduce federal agencies reach
(Reuters) - Elon Musk's government efficiency panel said in a Wall Street Journal opinion story on Wednesday that they will...
Chinese defense minister declines meeting with Pentagon chief
WASHINGTON (Reuters) - China's defense minister declined a meeting with U.S. Defense Secretary Lloyd Austin during a meeting of defense...
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ECONOMY
Snap-On misses quarterly sales estimates on lower tool demand
(Reuters) - Snap-On posted a lower-than-expected third-quarter sales on Thursday, as inflationary pressures weighed on demand in the tools segment....
China may raise $850 billion in new debt over three years to spur growth, says report
By Kevin Yao and Liangping GaoBEIJING (Reuters) - China may raise an additional 6 trillion yuan ($850 billion) from special...
Business
Ackman wants to move Pershing Square, UMG from Amsterdam after attacks
AMSTERDAM (Reuters) - Billionaire Bill Ackman said on Friday he would seek to delist investment firm Pershing Square Holdings and...
US lawmakers press top chip equipment makers for details on China sales
By Alexandra Alper and David ShepardsonWASHINGTON (Reuters) - China hardliners in Congress are calling on the world's foremost semiconductor equipment...
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Trump’s transition team aims to kill Biden EV tax credit
By Jarrett Renshaw(Reuters) -President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader...
Hate speech watchdog CCDH to quit Musk’s X ahead of terms change
(Reuters) -The Center for Countering Digital Hate said on Thursday it would leave Elon Musk-owned social media site X, citing concerns that upcoming changes...
Amazon, IKEA join other ocean cargo shippers to boost demand for new green fuels
By Lisa Baertlein(Reuters) - Amazon.com and IKEA, in alliance with about three dozen other companies that depend on ocean freight,...
Trump, China loom over chipmaker ASML’s investor day
By Toby SterlingAMSTERDAM (Reuters) - The threat of further U.S.-led restrictions on ASML's sales to China will hang over the...
Crypto legislation likely coming under Trump, ex-SEC chief says
By Douglas Gillison and Chris PrenticeNEW YORK (Reuters) - Congress is likely to adopt legislation governing cryptocurrencies during President-elect Donald...
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