By AFP Translated by Nazia BIBI KEENOO Published April 26, 2025 French companies exposed to the U.S. market are taking action to manage rising tariffs, using price hikes, production shifts, and cost-cutting measures to protect their margins. Bernard Arnault and Donald Trump in 2017. – Photo de Nicholas Kamm / AFP Price hikes to absorb…
This year was supposed to be a banner moment for digital commerce companies. Klarna, the digital payments giant, was gearing up for an initial public offering. So was Chime, the financial services company. And StubHub, the online ticketing business, had spoken to bankers for months about pursuing an I.P.O. But after President Trump unveiled a…
By Reuters Published April 3, 2025 Businesses around the globe on Thursday faced up to a future of higher prices, trade turmoil and reduced access to the world’s largest market after U.S. President Donald Trump confirmed their worst fears by instituting broad tariffs worldwide. Reuters Trump ramped up his trade war with tariff rates from…
By Reuters Published April 3, 2025 Now that the U.S. has instituted broad tariffs worldwide, businesses will be forced to adjust – but the options to cope with the greater-than-expected levies are limited and unpalatable for companies and their customers. Reuters U.S. President Donald Trump ramped up his trade war against the globe on Wednesday…
For just over two years, technology leaders at the forefront of developing artificial intelligence had made an unusual request of lawmakers. They wanted Washington to regulate them. The tech executives warned lawmakers that generative A.I., which can produce text and images that mimic human creations, had the potential to disrupt national security and elections, and…
The Food and Drug Administration said on Thursday that it would delay by 30 months a requirement that food companies and grocers rapidly trace contaminated food through the supply chain and pull it off the shelves. Intended to “limit food-borne illness and death,” the rule required companies and individuals to maintain better records to identify…
In his first meeting with top executives from PepsiCo, W.K. Kellogg, General Mills and other large companies, Robert F. Kennedy Jr., the health secretary, bluntly told them that a top priority would be eliminating artificial dyes from the nation’s food supply. At the Monday meeting, Mr. Kennedy emphasized that it was a “strong desire and…