By David Ljunggren OTTAWA (Reuters) – Canada will slap retaliatory tariffs on C$3.6 billion ($2.7 billion) worth of U.S. aluminum products after the United States said it would impose punitive measures on Canadian aluminum imports,...
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U.S.-listed Chinese stocks fall as Trump takes aim at WeChat, TikTok
By Neha Malara (Reuters) – U.S.-listed shares of Chinese firms fell on Friday, a day after President Donald Trump unveiled bans on U.S. transactions with the China-based owners of messaging app WeChat and video-sharing app TikTok,...
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Exclusive: Japan kept activist investor in limbo over key Toshiba vote, sources say
By Takashi Umekawa and Makiko Yamazaki TOKYO (Reuters) – Activist fund Effissimo Capital Management, the biggest investor in Toshiba Corp <6502.T>, was kept in limbo by Japan’s government over a key shareholder vote...
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Exclusive: South Africa tries to recover over $23 million from SAP for ‘unlawful’ contracts
By Alexander Winning JOHANNESBURG (Reuters) – South African investigators are seeking to recover more than 400 million rand ($23 million) from German software firm SAP <SAPG.DE> for two government contracts they allege were...
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New U.S. Postal Service chief warns of ‘dire’ finances as quarterly loss narrows
By David Shepardson WASHINGTON (Reuters) – The head of the U.S. Postal Service (USPS) on Friday said the agency faces a “dire” financial position even as it posted a slightly narrower third-quarter loss amid soaring...
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Iraq pledges to deepen oil output cuts in August, September
DUBAI (Reuters) – Iraq said on Friday it would cut its oil production by another 400,000 barrels per day in both August and September to compensate for its overproduction in the past three months. Iraq oil minister Ihsan Abdul...
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