Page 262 - Reuters

Mexico warns Trump tariffs may kill 400,000 US jobs, threatens retaliation

Mexican President Sheinbaum and US President-elect Trump spoke by phone later on Wednesday, with the two discussing topics at the top of Trump's agenda

Tanzania to keep pact with Adani for container terminal, says official

Adani Ports also struck a share purchase agreement for a 95 per cent stake in state-owned Tanzania International Container Terminal Services for $95 million

Gold prices rebound as dollar weakens ahead of key US inflation data

Gold registered its deepest one-day decline in more than five months on Monday, and hit its lowest since Nov. 18 in the previous session, as safe-haven demand for the metal softened

Asia to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs

The United States accounts for 61 per cent and 56 per cent of crude exports from Canada and Mexico

Bangladesh steps up security, arrests 6 for lawyer's killing amid protests

Police also detained 21 others for vandalism and assaulting police officers during the unrest

'Corrupt Solar Project': Adani embroiled in US findings of bribery scheme

US prosecutors charged Gautam Adani, his nephew Sagar Adani who is director at Adani Green, and six others in running an alleged bribery scheme

India stocks to see slow recovery as Adani indictments weigh, say analysts

Turbocharged by a new crop of optimistic young investors with access to financial markets, India's benchmark BSE index and the Nifty 50 have both posted yearly gains

FAA will not require urgent 737 MAX engine action after bird strikes

FAA Corrective Action Review Board reviewed the CFM LEAP-1B engine bird strikes which led to smoke entering two Boeing 737 MAX aircraft

OPEC+ production cuts may support oil prices in near term: Goldman Sachs

OPEC+, which includes members of the OPEC and allies such as Russia, is discussing a further delay to a planned oil output hike that was due to start in January

Goldman warns of likely Asia LNG price rise on European supply crunch

There will also be delays in the upcoming LNG supply projects across the Americas, so Europe and Asia will have access to less LNG next year than originally expected, analyst at Goldman Sachs said

Nordstrom raises lower end of annual sales outlook on uncertain environment

Nordstrom's addition of sought-after brands, along with its focus on digital growth and expanding stores of its off-price brand Rack, has boosted sales ahead of a potentially mixed holiday season

Samsung Electronics appoints new chip business heads, CFO in reshuffle

Samsung named Jun Young-hyun as its co-CEO as well as head of its memory chip business and appointed Han Jin-man as company president and head of the foundry business

Global manufacturing footprint to shield from Trump's tariffs: Foxconn

Foxconn would only be able to share more details about the company's US plans after Jan 20, once Trump takes office and his policies become clearer

China state media dismiss Trump's tariff threat, focus on fentanyl

Trump is threatening Beijing with far higher tariffs than the 7.5 per cent-25 per cent levied on Chinese goods during his first term

Donald Trump taps Kevin Hassett to head National Economic Council

Hassett headed the White House Council of Economic Advisers, which advises the president on economic policy, from 2017-2019

Israel strikes crossings with Syria for first time, says Lebanon minister

Strikes came moments after US President Joe Biden announced that a ceasefire would come into effect at 4 am local time (0200 GMT) on Wednesday to halt hostilities

Dell forecasts downbeat Q4 revenue on weak PC demand, rival competition

Dell forecast fourth-quarter revenue between $24 billion and $25 billion, average analyst estimate is $25.57 billion, according to data compiled by LSEG

Sebi relaxes prior order of ban on Axis Capital managing debt securities

Securities and Exchange Board of India, in an interim September order, had banned Axis Capital from acting as a banker for new debt issues, alleging violation of rules

Donald Trump's tariff vow hits Mexican, Canadian currencies, yen firm

Dollar jumped more than 2.5 per cent against the peso to its highest since July 2022 in New York afternoon trade

SoftBank founder Masayoshi Son likely to meet PM Modi on Wednesday

While the matter of discussion was not immediately clear, the visit comes as SoftBank eyes more artificial intelligence and technology bets in Asia's third-largest economy