WASHINGTON (Reuters) - President Donald Trump is likely to dust off a 1930 trade law largely forgotten for decades to back his new reciprocal U.S. tariffs that will match other countries' higher import taxes, trade and legal experts say. Trump has said the new U.S. tariff rates would take effect almost immediately, and Section 338 of the Trade Act of...

FRANKFURT (Reuters) - Germany's Commerzbank is preparing staff cuts and revamped financial targets in its efforts to fend off tie-up advances by Italy's UniCredit, multiple people with direct knowledge of the plans told Reuters. Four of them said, however, the measures would be more evolutionary than radical, while some conceded that a takeover of the German bank, which saw its...

(Reuters) - Randstad, the world's largest employment agency, reported a quarterly core profit above market expectations on Wednesday, citing its resilient business model and robust underlying performance in difficult market conditions. Earnings before interest, taxes and amortization (EBITA) before one-offs was 200 million euros ($207 million) in the fourth quarter of 2024, above the 194 million expected by analysts on...

LONDON (Reuters) - Dutch brewer Heineken on Wednesday reported an 8.3% rise in annual organic operating profit, surpassing its own guidance range and analyst forecasts of 5.3%. (This story has been corrected to refer to annual, not Q4, profit in the headline) ...