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By Clara Denina and Pratima Desai LONDON (Reuters) – Miner and commodity trader Glencore (OTC:) said it is open to M&A transactions that create value for its shareholders, leveraging its position as a top three global producer. “As we have always said, M&A is something we are good at and…
Investing.com– Gold prices edged higher in Asian trading on Monday as traders cautiously awaited U.S. President-elect Donald Trump’s inauguration speech, anticipating insights into his administration’s policies and potential signals on future interest rates. rose 0.3% to $2,709.3 per ounce, while expiring in February gained 0.1% to $2,750.01 an ounce by…
(Reuters) – TikTok buzzed with nervous anticipation across the U.S. on Saturday as a looming federal ban threatened to sever access to the Chinese-owned app that has captivated nearly half of all Americans, powered small businesses and shaped online culture. The company said late Friday that it will go dark…
By Tom Hals (Reuters) – Democratic states’ attorneys general launched a legal bid this week to defend Biden administration policies on immigration, the environment and guns, just days before Donald Trump takes office on Monday. Trump has vowed to deport millions of people who are in the country illegally, roll…
TikTok may soon go dark in the US due to a divest-or-ban law.Merchants that rely on its e-commerce tool, Shop, are scrambling to come up with contingency plans.Some are halting warehouse shipments and testing out other apps like Flip and Instagram Live.The clock is ticking on a potential TikTok ban…
By Casey Hall, Brenda Goh and Mei Mei Chu SHANGHAI (Reuters) – U.S. agriculture producers are bracing for the prospect of a fresh trade war under U.S. President-elect Donald Trump again hitting exports of farm goods to China, but they said while any new tariffs would hurt, they felt better…
By David Shepardson, Norihiko Shirouzu and Ben Klayman WASHINGTON (Reuters) – Automakers are bracing for President-elect Donald Trump to impose new tariffs on vehicles from Mexico and potentially from other countries and to reverse many existing pro-electric vehicle policies, industry associations and executives said. Trump has said he plans to…
By Lewis (JO:) Krauskopf, Suzanne McGee NEW YORK (Reuters) -Global investors were on edge as voting in the U.S. election entered its final stretch on Tuesday, drawing to a close a dramatic campaign that has moved bonds, stocks and other assets in recent months and could further sway markets as…
By Sybille de La Hamaide PARIS – Butter prices have rocketed in recent months, trading at record highs across Europe in bad news for bakers and pastry makers as they prepare for Christmas celebrations and already face high chocolate and sugar costs. Strong demand for butter, tight stocks and dairy…
By Suzanne McGee and Svea Herbst-Bayliss (Reuters) – Florida’s sun and low taxes enticed many hedge funds and other financial professionals to move south. Now another massive hurricane is putting that love affair to the test, but many big-name managers are committed to remaining in “Wall Street South” for the…
