LIVE WIRE
Beatpost
THE TLDR EDITION
BUSINESSBloomberg Markets·2d ago

Russia Grabs Nestle Assets, Trump Holding Off on China Tariffs

BUSINESSBEATPOST
AI TLDR · GEMINI
AI TLDR is temporarily unavailable (daily budget reached). Read the publisher summary below or try again later.

Russia took control of the local businesses of Swiss food giant Nestle and French supermarket chain Auchan in the Kremlin’s largest takeover of foreign corporate assets since at least 2024 amid rising tensions with Europe. The US is expected to hold off announcing new tariffs on China and other trading partners until after next week’s summit between Presidents Xi Jinping and Donald Trump, according to people familiar with the matter, a delay that could preserve such a threat as leverage in the…

SHARE THIS STORY

READ NEXT

More on the wire

politics43m ago

FROM THE PUBLISHER

As we quickly approach the start of early voting in Texas, a new poll released by Nexstar Media and Emerson College showed that both the Texas Governor's race and the Texas Senate race are heating up.

The Hill
sports44m ago

FROM THE PUBLISHER

Google’s threat intelligence group said it had a mole inside TeamPCP's inner circle.

Ars Technica
weather1h ago

FROM THE PUBLISHER

Plumes of smoke rose over Moscow on Sunday morning after a Ukrainian drone and missile attack on the city in which a major oil refinery was among the targets.

ABC News - Top

HEADS UP · COOKIES

We use anonymous analytics and (with your OK) session recordings to make Beatpost better. Read the details.

INSTALL THE APP

Install Beatpost

One tap to keep your city's wire on your home screen — no store, no login.