Business – Page 676 – Freedom 96.9

Italy gives key support to EU trade deal with South American nations

Friday, January 9 by SRN News

BRUSSELS (AP) - Italy on Friday gave crucial support to plans by the European Union to seal a huge free trade deal with five South American nations neighboring Venezuela that has been negotiated for over 25 years. Italy's Prime Minister Giorgia Meloni was long seen... Read More.

Meta signs three nuclear power deals to help support its AI data centers

Friday, January 9 by SRN News

Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers. Meta struck agreements with TerraPower, Oklo and Vistra for nuclear power for its Prometheus AI data center that is being... Read More.

More diplomatic and economic tensions surface between China, Japan as a bumpy week ends

Friday, January 9 by SRN News

BEIJING (AP) - A week in which longtime tensions between neighbors China and Japan ratcheted up economically and politically drew to a close with no sign of improvements Friday as the Chinese ambassador in Tokyo rebuffed his host nation and the Japanese reported delayed... Read More.

Japan’s greater oversight of foreign investments unlikely to interrupt M&A boom

Friday, January 9 by SRN News

By Makiko Yamazaki TOKYO, Jan 9 (Reuters) - Japan's plan to give authorities the power to order foreign investors to retroactively divest acquisitions is aimed at sheltering major firms and supply chains, though it is unlikely to curtail increased M&A interest, experts say. Japan on... Read More.

Tariffs and low stocks propel aluminium costs to records for US consumers

Thursday, January 8 by SRN News

By Pratima Desai LONDON, Jan 8 (Reuters) - Aluminium consumers in the United States are paying record high prices, significantly above the level import levies and transport costs would warrant, as tight supplies globally aggravate the impact of tariffs and low U.S. inventories. Needed by industries... Read More.

World Economic Forum survey shows doing business got tougher in 2025

Thursday, January 8 by SRN News

ZURICH, Jan 8 (Reuters) - Companies found it harder to do business in 2025 due to a deterioration in global cooperation on issues including trade, climate, technology and security, a survey published by the World Economic Forum showed on Thursday. Released ahead of the WEF's... Read More.

US third-quarter productivity rises at fastest pace in two years

Thursday, January 8 by SRN News

WASHINGTON, Jan 8 (Reuters) - U.S. worker productivity grew at its fastest pace in two years in the third quarter as businesses invested heavily in artificial intelligence, depressing labor costs. Nonfarm productivity, which measures hourly output per worker, accelerated at a 4.9% annualized rate, the... Read More.

India defends antitrust penalty law in Apple fight

Thursday, January 8 by SRN News

By Aditya Kalra and Arpan Chaturvedi NEW DELHI, Jan 8 (Reuters) - A law used to calculate fines on the basis of a company's global turnover will discourage breaches by multinationals, India's antitrust watchdog told a court in opposing Apple's high-profile challenge to the... Read More.

Rivian recalls nearly 20,000 US vehicles over improperly reassembled toe link

Thursday, January 8 by SRN News

Jan 8 (Reuters) - Rivian Automotive is recalling 19,641 previously serviced R1S and R1T electric vehicles in the U.S., citing incorrectly assembled rear toe link, the U.S. National Highway Traffic Safety Administration said on Thursday. The automaker will replace the rear toe‑link bolts free of... Read More.

Volvo Cars aims to tackle range anxiety with new mid-size electric SUV

Thursday, January 8 by SRN News

STOCKHOLM, Jan 8 (Reuters) - Volvo Cars' new electric mid-sized SUV, which launches later this month, will offer a driving range of up to 810 km (503 miles) on a single charge, the Swedish automaker said on Thursday, as it seeks to win over... Read More.

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