By Katya Golubkova TOKYO (Reuters) – Japan’s demand for liquefied natural gas (LNG) may grow by more than 10% to some 74 million metric tons by 2040 under a government scenario where the renewable energy rollout goes slower than expected, a senior industry ministry official said. Japan’s domestic LNG demand continued to fall last year, …
By Jeff Mason, Trevor Hunnicutt and Kevin Krolicki WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Tuesday he is in no hurry to speak to Chinese President Xi Jinping to try to defuse a new trade war between the world’s two largest economies sparked by his sweeping 10% tariffs on all Chinese imports. China …
Trump in no hurry to talk to Xi amid new tariff war Read More »
By Jeffrey Dastin and Elizabeth Pineau PARIS (Reuters) – All eyes are on the French capital next week to see if U.S. President Donald Trump’s administration can find common ground with China and nearly 100 other nations on the safe development of artificial intelligence. About a year after world powers reckoned with the dangers of …
Trump, DeepSeek in focus as nations gather at Paris AI Summit Read More »
SINGAPORE (Reuters) – Citigroup has appointed Ashu Khullar to partner with Anthony Diamandakis to serve together as co-heads of global asset managers, according to an internal memo seen by Reuters on Wednesday. Khullar, who is moving from his current role as India subcontinent sub-cluster & banking head, will be replaced by K. Balasubramanian, the memo …
Citi appoints Ashu Khullar as co-head of global asset managers, memo shows Read More »
(Reuters) -Solar inverter maker Enphase Energy forecast first-quarter revenue above market estimates on Tuesday, after robust demand helped it post a better-than-expected fourth-quarter operating profit, sending its shares up about 6% after the bell. The solar energy company forecast first-quarter revenue to be in the range of $340 million to $380 million, compared with analysts’ …
Enphase forecasts Q1 revenue above expectations, shares rise Read More »
TOKYO (Reuters) – Japan’s service activity expanded for a third straight month in January, helped by a rebound in new export business on Asian demand, a private-sector survey showed on Wednesday. The final au Jibun Bank Service purchasing managers’ index (PMI) rose to 53.0 in January from 50.9 in December, the highest level since September …
Japan’s service activity grows thanks to Asian demand, PMI shows Read More »
By Luis Jaime Acosta BOGOTA (Reuters) -Colombian President Gustavo Petro on Tuesday called for the sale of state oil firm Ecopetrol’s fracking operations in the United States to invest in clean energy. The leftist leader’s request was made to his minister of mines and energy, Andres Camacho, in an unusual live broadcast of a cabinet …
Colombia’s Petro calls for sale of Ecopetrol fracking operations in US Read More »
By Howard Schneider (Reuters) – The Federal Reserve can continue cutting interest rates at least “over the medium term,” Fed Vice Chair Philip Jefferson said on Tuesday, reiterating the U.S. central bank’s message that policymakers needn’t rush their next rate cut. “Overall, the U.S. economy is starting the year in a good position. I expect …
Fed’s Jefferson: Rates likely to fall over medium term Read More »
By Kylie Madry MEXICO CITY (Reuters) – Top Mexican officials said on Tuesday they were confident that Mexico could reach an agreement with the U.S. before threatened tariffs are due to take effect, with the U.S. demanding progress on fighting the flow of drugs and migrants to the shared border. U.S. President Donald Trump had …
Mexican officials confident on reaching US tariff deal before new deadline Read More »
By Abigail Summerville and Sukriti Gupta (Reuters) -The three major stock indexes closed higher on Tuesday, aided by energy stocks, while investors saw reason for optimism for a trade breakthrough between the U.S. and China after President Donald Trump delayed tariffs for Canada and Mexico. New 10% U.S. tariffs on Chinese imports took effect on …
Wall Street rises on US-China trade optimism, energy boost Read More »
