Author: Reuters Econ

White House-led talks on the future of TikTok are coalescing around a plan for the biggest non-Chinese investors in parent company ByteDance to up their stakes and acquire the short video app’s U.S. operations, according to two sources familiar with the discussions.

Slowing economic growth mixed with a bout of renewed inflation risks moving the U.S. from global overachiever to a drag on the rest of the world as foreign central banks and others confront the spillovers from President Donald Trump’s fast-moving effort to rewire international trade.

French engine and aircraft equipment maker Safran has offered the sale of a business in North America which it agreed in December, as a remedy to address EU concerns about its $1.8 billion bid for Collins Aerospace’s flight controls business, a person with direct knowledge of the matter said on Wednesday.

A United Airlines Boeing 787 jetliner on a January 24 flight bound for Washington from Lagos suffered a failure of two key parts for navigation before a sudden unexpected aircraft movement led to passenger injuries, investigators said.

Bombardier CEO Eric Martel said on Monday he was concerned Washington could target the company’s U.S. contracts if Canada cancels a C$19-billion contract for 88 Lockheed Martin F-35 fighter jets.

The European Union was probably mistaken in targeting American whiskey in its riposte to U.S. tariffs, French Prime Minister Francois Bayrou said on Sunday, calling for talks to avoid more damaging duties on France’s cognac industry.

All drug manufacturers, including Novo Nordisk and Teva Pharmaceuticals , whose medicines are part of the second round of price talks have agreed to participate in the negotiation process, a federal health agency said on Friday.

Investors seeking shelter from political and economic volatility triggered by the new U.S. administration are increasingly moving into gold Exchange-Traded Funds, adding momentum to the market’s record rally.

U.S. importers, distributors and retailers selling French champagne and Italian wines told Reuters that U.S. President Donald Trump’s threatened 200% tariff on European alcoholic drinks would hit them hard.

A consortium consisting of Warburg Pincus and KKR are in talks to acquire German medical packaging maker Gerresheimer AG , Bloomberg News reported on Wednesday citing people familiar with the matter.