(Reuters) – A look at the day ahead in U.S. and global markets by Amanda Cooper, Finance and Markets Breaking News Editor, Europe. Stocks are getting hammered on Monday, with hefty declines in the technology sector as artificial intelligence big guns like Nvidia, Qualcomm and Intel took a dive. The trigger was a burst of …
By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada will most likely trim its key benchmark rate by 25 basis points this week and is widely expected to offer an analysis on the impact of potential U.S. tariffs, economists and analysts said. This is the first time the central bank will announce its rate …
Bank of Canada likely to cut rates by 25bps, give tariff impact analysis Read More »
By Fergal Smith TORONTO (Reuters) – The Canadian stock market stands to benefit from the expected election this year of a Conservative government that favors business-friendly economic policies and that could help reduce trade uncertainty with the United States, some investors say. Polls show the Conservative Party, led by Pierre Poilievre, handily winning Canada’s next …
Canada’s looming election cheers equity investors hoping for increased returns Read More »
PARIS (Reuters) – Investment bank Morgan Stanley has raised its rating on French luxury goods giant LVMH to ‘overweight’ from ‘equal weight’. “While LVMH should face a number of challenges in 2025, the Group’s prospects have materially improved in recent weeks, a function of more favorable industry dynamics but also company specific factors (improving prospects …
LVMH raised to ‘overweight’ rating by Morgan Stanley analysts Read More »
By Libby George LONDON (Reuters) – The new era of unpredictability, marked by tariff threats and rising global tensions, is prompting emerging market investors to look for shelter in frontier markets that are relatively safe from U.S. President Donald Trump’s trade policy shifts. Trump’s return to the White House put Mexico’s peso on a roller …
Analysis-To weather Trump, emerging market investors look to the frontier Read More »
MEXICO CITY (Reuters) – The Mexican peso depreciated in international trade after U.S President Donald Trump announced he would impose tariffs on Colombia, reviving concerns about his trade policy. The currency, one of the most liquid currencies globally, was trading at 20.4630 units per dollar, down 1% compared to the London Stock Exchange Group reference …
Mexico’s peso falls after Trump announces tariffs on Colombian goods Read More »
(This Jan. 25 story has been refiled to add the missing words ‘some of’ in paragraph 9) ABOARD AIR FORCE ONE (Reuters) – U.S. President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app’s future in the next 30 …
Trump discussing TikTok purchase with multiple people, decision in 30 days Read More »
By Nandita Bose LAS VEGAS (Reuters) -President Donald Trump capped a frenzied first week back in office with a stop in Las Vegas on Saturday to talk about cutting taxes on tips, a 2024 campaign promise he made in the gambling and hospitality hub. Trump took the stage before cheering supporters at the Circa Resort …
By Doyinsola Oladipo NEW YORK (Reuters) -U.S. TikTok users who once saw the app as a haven for free speech say they see signs of censorship after the platform, which is owned by China’s ByteDance, was revived by an executive order from President Donald Trump. TikTok users are noting a difference in the short-video app …
Am I being censored? Some US TikTok users say app feels different after ban lifted Read More »
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) -Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday. Morgan Stanley bankers have contacted investors ahead of a planned sale next …
Wall Street banks prepare to sell up to $3 billion in X loans next week, sources say Read More »
