LONDON (Reuters) – Tariffs on aluminium should not have a major impact on the U.S. prices of beers like Budweiser and Michelob Ultra in 2025, but could at a later date, Anheuser-Busch InBev CEO Michel Doukeris said on Wednesday. AB InBev, the world’s top beer maker, brews both labels as well as others like Bud …
US Budweiser, Michelob prices safe from tariff impact for now Read More »
(Reuters) – Following is the full text of a framework agreement between Ukraine and the United States on the joint development of rare earths, critical minerals, oil, gas and other natural resources. The text, seen by Reuters, is dated February 25. A Ukrainian source said the document was the version the government in Kyiv was …
TEXT-Framework agreement of US, Ukraine on developing critical minerals Read More »
By Savyata Mishra (Reuters) – Lowe’s Cos joined rival Home Depot in forecasting lackluster annual sales and profit on Wednesday, signaling that a downturn in the home improvement sector would linger amid higher interest rates. Shares of the Mooresville, North Carolina-based retailer were up 3.7% in premarket trading as it reported a surprise rise in …
Lowe’s forecasts muted annual profit on uncertain economy, cautious spending Read More »
SAO PAULO (Reuters) – Brazilian brewer Ambev on Wednesday reported a 7.5% increase in its fourth-quarter adjusted net profit despite a decline in total volumes, driving its shares higher even as it flagged that volatility will “remain a reality” in 2025. WHY IT’S IMPORTANT Ambev is one of Brazil’s biggest firms and has large operations …
Brazil’s Ambev posts higher Q4 profit, expects volatility ahead Read More »
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 will finish 2025 up about 9% from now, but volatility will likely increase as a barrage of tariff announcements, job cuts and policy changes from President Donald Trump fuels uncertainty, according to equity strategists in a Reuters poll. The year-end target of 6,500 for the …
S&P 500 to end 2025 up 9% from here, but Trump-related uncertainties mount: Reuters poll Read More »
By Rishav Chatterjee (Reuters) -Singapore’s City Developments was plunged into a power struggle on Wednesday and suspended trading after its executive chairman accused his son, the company’s CEO, of plotting a boardroom coup. Kwek Leng Beng, 84, said in a statement that he has filed court papers to remove his son, Sherman Kwek, from his …
City Developments’ trading suspended amid family power struggle Read More »
(Reuters) -3M Co said on Wednesday it would return at least $10 billion in cash to shareholders and targeted an operating margin of about 25% by 2027, as the diversified manufacturer benefits from a restructuring under its new CEO. Bill Brown, who succeeded Mike Roman as CEO in May, has focused on developing new products, …
3M to return $10 billion to shareholders, reiterates sales forecast Read More »
By Stanley Widianto JAKARTA (Reuters) – Apple should be able to sell its iPhone 16 phones in Indonesia soon, its industry minister said on Wednesday, after both sides agreed deals including an Apple manufacturing plant and a research and development centre. This agreement signals an end to tenuous negotiations between Apple and Indonesia, which last …
Indonesia says Apple should soon be cleared to sell iPhone 16s Read More »
By Scott Murdoch, Youn Ah Moon and Sinead Cruise SYDNEY/SEOUL/LONDON (Reuters) – U.S. President Donald Trump’s $5 million so-called ‘gold card’ visa program is unlikely to trigger a major inflow of wealthy global investors seeking U.S citizenship because of concerns over higher taxes, immigration and wealth advisers said. Trump said on Tuesday he planned to …
Trump’s $5 million ‘gold card’ visa unlikely to attract wealthy investors, advisers say Read More »
A look at the day ahead in U.S. and global markets from Mike Dolan Hit by draining consumer and business confidence amid uncertainty about Washington’s economic policies, Wall Street stock indexes are all tripping into the red for 2025 – with the slide stalling for now, awaiting megacap Nvidia’s earnings today. The latest sideswipe from …
Morning Bid: Confidence-sapped stocks find foothold as Nvidia awaited Read More »
