Finance

Image for Maersk cancels $475 million contract for US-bound offshore wind vessel

Headlines

Maersk cancels $475 million contract for US-bound offshore wind vessel

Image for Denmark to boost Arctic defence by $4.26 billion, buy 16 new F-35s

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Denmark to boost Arctic defence by $4.26 billion, buy 16 new F-35s

Image for Major banks explore issuing stablecoin pegged to G7 currencies

Finance

Major banks explore issuing stablecoin pegged to G7 currencies

Image for Novo Nordisk shuts cell therapy unit amid restructuring

Headlines

Novo Nordisk shuts cell therapy unit amid restructuring

Image for Porr acquires parts of Fresenius' VAMED as Strabag pulls out

Porr acquires parts of Fresenius' VAMED as Strabag pulls out

Date: October 10, 2025

(Reuters) -Construction company Porr will acquire the Austrian project development business of VAMED and the Austrian thermal spa holdings from Fresenius as Austria's Strabag withdrew from the deal,...

Image for Switzerland hopes to seal updated trade deal with China early next year

Switzerland hopes to seal updated trade deal with China early next year

Date: October 10, 2025

ZURICH (Reuters) -Switzerland hopes to seal an updated free trade agreement with China in early 2026, Foreign Minister Ignazio Cassis said on Friday, following a meeting with his Chinese counterpart...

Image for Investors react to Trump's massive increase in China tariffs​

Investors react to Trump's massive increase in China tariffs​

Date: October 10, 2025

LONDON/NEW YORK (Reuters) -U.S. President Donald Trump on Friday said he is calculating a massive increase in tariffs on Chinese imports, adding there was no reason to meet with President Xi JinPing...

Image for Madagascar prime minister condemns excessive use of force during protests

Madagascar prime minister condemns excessive use of force during protests

Date: October 10, 2025

ANTANANARIVO (Reuters) -Madagascar's newly appointed prime minister, General Ruphin Fortunat Zafisambo, condemned on Friday what he said was "excessive use of force" by both security personnel and...

Image for Trump ratchets up US-China trade war, promising new tariffs

Trump ratchets up US-China trade war, promising new tariffs

Date: October 10, 2025

WASHINGTON (Reuters) -U.S. President Donald Trump on Friday said there no reason to meet with China's President Xi Jinping in two weeks in South Korea as planned, adding in a Truth Social post that...

Image for Russian railcar and tank maker cuts working week for civilian staff, media say

Russian railcar and tank maker cuts working week for civilian staff, media say

Date: October 10, 2025

MOSCOW (Reuters) -Russian tank and railcar maker Uralvagonzavod will move part of its civilian-sector staff to a four-day working week amid weakening demand, the company's press service told Russian...