HONG KONG (Reuters) -China's Guangzhou Port, the largest shipping hub in the country's south, opened a direct route to Chancay port in Peru on Tuesday, state broadcaster CCTV reported, a move it said would reduce logistics costs and bolster trade with Latin America. Located north of Lima, Chancay recently began operations with non-stop voyages to and from Asia, accommodating the...

* Adidas highlights tariff uncertainty * Tariffs cause Adidas to hold back on guidance increase * Adidas flags possible negative pressures later in year (Adds details on tariff uncertainty, quotes by CEO Bjorn Gulden) By Helen Reid and Linda Pasquini April 29 (Reuters) - German sportswear maker Adidas on Tuesday said higher U.S. import tariffs and broader uncertainty around trade...

03:13 AM EDT, 04/29/2025 (MT Newswires) -- Douglas A Cifu, Director, Chief Executive Officer, on April 25, 2025, sold 355,881 shares in Virtu Financial ( VIRT ) for $13,781,625. Following the Form 4 filing with the SEC, Cifu has control over a total of 788,061 Class A common shares of the company, with 231,306 shares held directly and 556,755 controlled...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...