UPS to eliminate 30,000 more jobs as Amazon volume cuts accelerate; shares rise
UPS continues to shed low-margin Amazon delivery volumePlans to reduce 30,000 jobs in 2026 through attrition and driver…
Singapore expected to keep monetary policy unchanged as growth outperforms
Item 1 of 2 A view of the Monetary Authority of Singapore building in Singapore April 18, 2016.…
Italy urges NATO to coordinate in Arctic as Greenland tensions escalate
ROME, Jan 16 (Reuters) – Italy’s Prime Minister Giorgia Meloni urged NATO on Friday to develop “a coordinated…
Trump imposes 25% tariff on imports of some AI chips
Tariff aims to boost U.S. semiconductor productionTariff excludes chips for U.S. data centers and startups, consumer applicationsFuture broader…
China’s trade ends 2025 with record $1.2 trillion surplus despite Trump tariff jolt
China posts record $1.189 trillion trade surplus in 2025China’s December dollar exports up 6.6% Y/Y, imports up 5.7%;…
Trump says he may veto extension of Obamacare subsidies
Jan 11 (Reuters) – U.S. President Donald Trump said on Sunday he might veto legislation to extend federal…
Cuba defiant after Trump says island to receive no more Venezuelan oil or money
Cuba has the right to import fuel from any suppliers, foreign minister saysVenezuela was Cuba’s largest supplier last…
Venezuelan oil industry: world’s largest reserves, decaying infrastructure
Jan 3 (Reuters) – Following are key facts about the oil industry of Venezuela, whose President Nicolas Maduro…
Italy says US has sharply cut proposed pasta tariffs after a review
ROME, Jan 1 (Reuters) – Italy’s foreign ministry said on Thursday the United States had sharply lowered proposed…
Colombia hikes 2026 minimum wage up nearly 23%
BOGOTA, Dec 29 (Reuters) – Colombia’s government will raise the country’s minimum wage to 1.75 million pesos per…
Tariffs, China, and the dollar: What Wall Street got wrong in 2025
ORLANDO, Florida, Dec 29 (Reuters) – This was one of the most topsy-turvy years in living memory for…