By Timothy Gardner WASHINGTON, Jan 22 (Reuters) – The Trump administration is allowing China to purchase Venezuelan oil but not…
Russia’s Sberbank takes stake in Element as Putin pushes tech sovereignty
By Gleb Bryanski MOSCOW, Jan 23 (Reuters) – Sberbank, Russia’s biggest bank turned technology conglomerate, has taken a major stake…
Analysis-US control of Venezuela oil risks debt restructuring showdown with China
By Libby George and Trevor Hunnicutt LONDON/WASHINGTON, Jan 23 (Reuters) – U.S. control of Venezuela’s oil exports has ensnared barrels…
California suing Trump administration over Sable oil pipeline restart
By Nichola Groom Jan 23 (Reuters) – California’s attorney general on Friday said the state was suing the Trump administration…
Silver hits record high above $100/oz as gold closes in on $5,000 milestone
By Ashitha Shivaprasad and Kavya Balaraman Jan 23 (Reuters) – Silver prices rose above $100 an ounce for the first…
Cholula sauce maker McCormick forecasts weak annual profit on tariffs, higher input costs
By Sanskriti Shekhar Jan 22 (Reuters) – McCormick on Thursday forecast a weak profit for fiscal 2026 as higher costs…
Brazil’s instant coffee sector seeks clarity on US decision to keep 50% tariff
By Oliver Griffin SAO PAULO, Jan 23 (Reuters) – Brazil’s instant coffee industry is seeking details on why it continues…
Wipro CEO sees growing demand for India’s IT services from AI
By Divya Chowdhury and Haripriya Suresh DAVOS, Switzerland, Jan 20 (Reuters) – Artificial intelligence is underpinning technology deals that Indian…
US cutting or revising nearly $84 billion in energy loans
WASHINGTON, Jan 22 (Reuters) – The Trump administration said on Thursday it is restructuring or eliminating nearly $84 billion in…
New trade map takes shape in Davos as world adjusts to Trump tariffs
By Dave Graham DAVOS, Switzerland, Jan 22 (Reuters) – President Donald Trump’s use of tariffs as a foreign policy tool…