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EU pauses countermeasures after Trump’s tariff reprieve; U.S. weighing deals

EU pauses countermeasures after Trump’s tariff reprieve; U.S. weighing deals

By Philip Blenkinsop, Joe Cash and Andrea ShalalBRUSSELS/BEIJING/WASHINGTON (Reuters) -The European Union will pause its first countermeasures against U.S. tariffs after President Donald Trump temporarily lowered the hefty duties less than a day after imposing them on dozens of countries, European Commission chief Ursula von der Leyen said on Thursday.The Trump administration is weighing offers fr ...

2025-04-10 23:17:34
Factbox-Intel CEO Lip-Bu Tan’s wide-ranging investments in China

Factbox-Intel CEO Lip-Bu Tan’s wide-ranging investments in China

By Eduardo Baptista, Stephen Nellis and Max A. CherneyBEIJING/SAN FRANCISCO (Reuters) - Intel (NASDAQ:INTC) CEO Lip-Bu Tan has made hundreds of investments in Chinese companies over decades through Walden International, the San Francisco venture capital firm he founded in 1987, and two Hong Kong-based holding companies, Sakarya Limited and Seine Limited. The following are some key investments unco ...

2025-04-10 23:15:20
Wall Street’s response to tariff shock: client calls and bonus worries

Wall Street’s response to tariff shock: client calls and bonus worries

By Svea Herbst-Bayliss, Isla Binnie, Ross Kerber and Dhara Ranasinghe(Reuters) - With markets crashing after U.S. President Donald Trump announced his latest tariffs, Citigroup’s banking head Viswas Raghavan called a global meeting of senior bankers on Monday and told them to get on the phone with their clients.Raghavan’s message was simple, according to one banker on the call: Stay close to c ...

2025-04-10 23:12:41
Sarah Palin, New York Times to face off in defamation retrial

Sarah Palin, New York Times to face off in defamation retrial

By Jonathan StempelNEW YORK (Reuters) -Sarah Palin and the New York Times (NYSE:NYT) are headed back to a courtroom where the former Alaska governor and Republican vice presidential candidate will try convincing a second jury the newspaper defamed her in an editorial about gun control.A retrial in Palin’s nearly eight-year-old lawsuit is scheduled to begin on Monday in Manhattan federal court. ...

2025-04-10 23:11:03