Morning Bid: Tariffs stand out amid menagerie of market drivers
German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 24, 2025. REUTERS A look at the day ahead in European and global markets from Kevin Buckland With so much going on in markets right now, it’s hard to know where to look. The raging Trump-led trade war – branded “dumb” by Canadian […]
Trump to create office of shipbuilding, offer tax incentives
U.S. President Donald Trump’s speaks at a joint session of Congress at the U.S. Capitol in Washington, D.C., U.S., March 4, 2025. WASHINGTON, (Reuters) – U.S. President Donald Trump told Congress on Tuesday that his administration will create an office of shipbuilding in the White House and offer new tax incentives for the sector. “I am announcing tonight […]
US small businesses cut jobs in February, Intuit data show
Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS Summary Smallest U.S. businesses shed 125,000 jobs in February, Intuit data show Leisure and hospitality sector sees largest job decline, indicating economic […]
Prime Minister congratulates H.E. Mr. Christian Stocker on being sworn in as the Federal Chancellor of Austria
The Prime Minister Shri Narendra Modi today congratulated H.E. Mr. Christian Stocker on being sworn in as the Federal Chancellor of Austria. He added that the India-Austria Enhanced Partnership was poised to make steady progress in the years to come. Shri Modi in a post on X wrote: “Warmly congratulate H.E. Christian Stocker on being […]
PayPal-backed Mintoak strikes India’s first e-rupee related deal, worth $3.5 million, sources say
An Indian one rupee coin is seen in this picture illustration taken in Mumbai April 30, 2012. REUTERS NEW DELHI, March 4 (Reuters) – Indian startup Mintoak, which provides merchant payment services to lenders, said on Tuesday it has bought Digiledge, marking the first acquisition in the nascent central bank digital currency space in a […]
The five cryptocurrencies Trump wants the US to hold in reserve
Souvenir tokens representing cryptocurrency bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS (Reuters) – U.S. President Donald Trump has named five cryptocurrencies he wants to be part of a new strategic reserve – in other words, crypto holdings owned by the U.S. government. In a […]
Trump pauses all U.S. military aid to Ukraine after angry clash with Zelenskiy
Ukrainian service members fire a shell from a M777 Howitzer at a front line, as Russia’s attack on Ukraine continues, in Kharkiv Region, Ukraine July 21, 2022. REUTERS Ukrainian F-16 fighting aircrafts are seen in the air during marking the Day of the Ukrainian Air Forces, amid Russia’s attack on Ukraine, in an undisclosed […]
Eyeing the Pacific, Lockheed unveils low-cost $150,000 cruise missile
Lockheed Martin’s logo is seen during Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016. REUTERS WASHINGTON, (Reuters) – Lockheed Martin (LMT.N) plans to unveil a new “affordable” cruise missile on Monday with a cost of about $150,000 and a range of over 500 miles (800 km) as the defense contractor works to tap […]
Exclusive: China to publish policy to boost RISC-V chip use nationwide – sources
Worker miniatures are placed among the flag of China and printed circuit boards with semiconductor chips, in this illustration picture taken July 5, 2023. REUTERS BEIJING/SHANGHAI, March 4 (Reuters) – China plans to issue guidance to encourage the use of open-source RISC-V chips nationwide for the first time, two sources briefed on the matter said, […]
Euro rebounds on Europe’s Ukraine peace push; bitcoin rallies
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS Summary Sterling also gains as leaders craft plan to present to Trump Canadian, Mexican currencies rise on hint 25% tariffs may be averted Cryptocurrencies climb as Trump names those earmarked for strategic reserve TOKYO, March […]