By Joey Roulette WASHINGTON (Reuters) -Firefly Aerospace succeeded in its first attempt to land on the moon with its uncrewed Blue Ghost spacecraft on Sunday, kicking off a two-week research mission as a handful of private firms compete to reach the frontlines of a global moon race. The size of a compact car, the four-legged …
US firm Firefly scores its first moon landing with Blue Ghost spacecraft Read More »
(Reuters) -Tether has appointed Simon McWilliams its new chief financial officer, the company behind the stablecoin technology said on Monday, as it moves towards a full financial audit. McWilliams, a seasoned finance executive with more than 20 years of experience leading large investment management firms through rigorous audits, will steer Tether in keeping with its …
Simon McWilliams steps in as Tether CFO, will focus on audit readiness Read More »
By Johann M Cherian and Pranav Kashyap (Reuters) -The Trump administration had postponed the implementation of the new levies on Mexico and Canada, the United States’ largest trade partners for one month. But the reprieve ends on Tuesday. U.S. Commerce Secretary Howard Lutnick confirmed the tariffs on Canada and Mexico are set to take effect …
(Reuters) – JP Morgan expects the global deficit in refined copper to grow to 160,000 metric tons in 2026 and continues to forecast copper prices averaging around $11,000 per metric ton next year, the bank said in a note dated Friday. Following U.S. President Donald Trump’s decision to order a national security probe into potential …
JP Morgan sees copper prices at $11,000/mt in 2026, 10% tariffs by late 3Q25 Read More »
By Roberto Samora and Marcelo Teixeira GUAXUPE, Brazil (Reuters) – In a Brazilian coffee warehouse usually stuffed with a quarter of a million bags of the aromatic bean, voices echo in the largely empty space at a large producers’ cooperative. Reeling from one of the worst droughts on record, Brazil’s coffee farmers have sold almost all …
Brazil’s coffee stockpiles dwindle as prices hit record highs Read More »
A look at the day ahead in European and global markets from Wayne Cole. It’s been a bumper day for crypto fans after President Donald Trump took to social media to announce a proposed reserve of digital assets would include bitcoin, ether, XRP, solana and cardano. Bitcoin is up around 10% while ether jumped 13% …
Morning Bid: Trump flags crypto reserve, mum on funding Read More »
By Lucia Mutikani WASHINGTON (Reuters) – U.S. Commerce Secretary Howard Lutnick said on Sunday he would strip out government spending from the gross domestic product (GDP) report, but gave no indication how soon this change might happen, while dismissing fears of a possible recession. “You know that governments historically have messed with GDP,” Lutnick said …
US Commerce Secretary wants to remove government spending from GDP Read More »
(Reuters) – The U.S. Treasury Department said on Sunday it would not enforce an anti-money laundering law that obliges millions of business entities to disclose the identities of their real beneficial owners. The Trump administration has opposed the Biden-era Corporate Transparency Act on the grounds that it is a burden on low-risk entities. The act …
US Treasury Department says it will not enforce anti-money laundering law Read More »
By Joe Cash BEIJING (Reuters) -China’s manufacturing activity expanded at the fastest pace in three months in February as new orders and higher purchase volumes led to a solid rise in production, an official factory survey showed on Saturday. The reading should reassure officials that fresh stimulus measures launched late last year are helping shore …
China February manufacturing hits 3-month high, but US tariff war clouds outlook Read More »
By Eduardo Munoz and Rich McKay NEW YORK (Reuters) – Nine people were arrested during a raucous demonstration outside a New York City Tesla dealership on Saturday, protesting owner Elon Musk’s role in sweeping cuts to the federal workforce at the behest of President Donald Trump. The protest, which police said involved hundreds of people, …
Nine arrested at New York Tesla dealership as anti-Musk protests break out Read More »
