CEOs ramp up deal outlook under Trump, EY survey shows

By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) – Global chief executives see much more corporate dealmaking in 2025, with an increased number expecting to pursue mergers and acquisitions after U.S. President Donald Trump was elected to a second term in November, a survey showed. Some 56% of CEOs expect to actively pursue M&A activity in 2025, compared with just 37% in September, according to an EY-Parthenon CEO Outlook Survey in November and … Read more…

Brazil’s beef companies breathing easy over prospect of new Trump tariffs

By Ana Mano SAO PAULO (Reuters) – Brazilian beef companies do not expect to be hurt by potential new tariffs from President Donald Trump’s administration because of low inventories of cattle in the U.S. and a sizable tariff that already exists on these exports. Roberto Perosa, head of the Brazilian beef exporters association ABIEC, said in an interview on Wednesday that Brazilian beef exports outside a 65,000-ton annual quota already are slapped with a 26.4% … Read more…

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Amazon exits Quebec operations, to cut about 1,700 jobs

(Reuters) – E-commerce giant Amazon.com is exiting its operations in Quebec, leading to the loss of about 1,700 full-time jobs, a company spokesperson said on Wednesday. The online retailer will phase out operations across seven sites in the province — the only location in Canada with unionized Amazon employees — over the next two months. It will return to a third-party delivery model, relying on local small businesses, similar to its approach before 2020. “Following … Read more…

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US Meta users report automatic re-follows of president, VP accounts

By Doyinsola Oladipo NEW YORK (Reuters) – Some Meta social media users said on Wednesday that their accounts re-followed the profiles of President Donald Trump, Vice President JD Vance and first lady Melania Trump after they had unfollowed those accounts once Trump took office for his second term. When a presidential administration changes, the official White House social media accounts roll over to the new elected officials. That happened in 2017 and 2021, when Trump … Read more…

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Trump delivers fresh tariff threats against EU, China

By David Lawder and Andrea Shalal WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China to the U.S. via Mexico and Canada. Trump voiced his latest tariff threats in remarks to reporters at the White House a day after taking office without immediately imposing tariffs as he … Read more…

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Trump executive order leaves TikTok in legal limbo, for now

By Mike Scarcella (Reuters) – U.S. President Donald Trump’s executive order to restore access to TikTok has created a thicket of new legal questions for the short-video platform, along with new tensions between the White House, members of Congress who want the platform banned, and tech companies caught in the middle. Legal experts said despite Trump’s order, service providers and app distributors such as Google and Apple still face major uncertainty and potential massive financial … Read more…

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TikTok awaits Trump reprieve as China signals open to deal

By Kenneth Li and Katie Paul (Reuters) -President-elect Donald Trump is expected to grant TikTok more time to strike a deal after he returns to power on Monday as China has signaled it would be open to a deal to keep TikTok in the U.S. market. The short video service used by 170 million Americans was briefly taken offline for U.S. users on Saturday, hours before a law that said it must be sold by … Read more…

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Factbox-Trump’s inauguration billionaires, CEOs: Ambani, Zuckerberg, Bezos attend church, ceremony

By Stephanie Kelly (Reuters) – Tech billionaires, foreign diplomats and CEOs shadowed U.S. President Donald Trump on Monday, with several attending St. John’s Church in Washington and seated prominently on the dais in the U.S. Capitol ahead of his speech.  The church service, typically a little-noticed part of Inauguration Day, quickly became a “who’s who” parade of some of the United States’ – and the world’s – wealthiest individuals, as attendees entered the downtown church … Read more…

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Trump’s crypto and Truth Social media believers bet on presidency

By Michelle Conlin NEW YORK (Reuters) -One night in late October, Whitney Patterson spotted a YouTube video about people buying shares in Trump Media & Technology Group, the U.S. president-elect’s social media and streaming company. Patterson had never heard of Trump Media and had never invested in a stock on her own. But that night, Patterson, whose family owns a pickle business, moved a third of the cash in her retirement fund into Donald Trump’s … Read more…

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FTSE 100 hits another record high, investors eye Trump policies

(Reuters) -London’s blue-chip FTSE 100 hit a record high on Monday for the second session in a row as investors awaited Donald Trump’s return to the White House for fresh insights on his stance on tariffs and international relations. The FTSE 100 index of top British firms ended up 0.2% at a fresh closing peak, though off its intraday high. Trading volumes were thin due to a U.S. market holiday. Trump, who has pledged to … Read more…

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