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(Reuters) -Vulcan Materials posted second-quarter revenue and profit below Wall Street estimates on Thursday, as weather disruptions slowed construction activity and weighed on demand for its construction materials. Demand for construction supplies have taken a hit from persistent inflation, which drove up operational costs for corporates. Higher borrowing costs also slowed construction spending. “Despite weather …

Vulcan misses quarterly estimates as adverse weather dampens construction Read More »

(Reuters) -Financial information company S&P Global raised its annual profit forecast on Thursday and beat Wall Street estimates for second-quarter earnings on strong demand for its data and analytics products. WHY IT’S IMPORTANT More investors are using market analytics tools to make the best of a volatile market, which is pressured by tariff and rate …

S&P Global forecasts annual profit above estimates on strong demand Read More »

By Manoj Kumar, Rajendra Jadhav and Dhwani Pandya NEW DELHI/MUMBAI (Reuters) -India’s apparel and jewellery exporters are bracing for a drop in orders from their biggest market and could cut jobs after U.S. President Donald Trump announced a 25% tariff on Indian imports starting on Friday, industry executives said. Several garment exporters, who had hoped …

India’s garment and jewellery sectors fear for US orders after tariff shock Read More »

TOKYO (Reuters) -Japan’s top trade negotiator Ryosei Akazawa said it might take some time for U.S. tariffs on automobiles to be lowered to 15%, public broadcaster NHK reported on Thursday. Under a bilateral trade deal clinched with Japan earlier this month, the U.S. agreed to lower “reciprocal” tariffs on goods and a levy on automobiles …

Japan’s Akazawa says U.S. auto tariff cut may take time, NHK reports Read More »

JOHANNESBURG (Reuters) -South Africa is preparing a last-minute “enhanced” trade proposal at the urging of U.S. officials in hopes of avoiding a 30% tariff which kicks in on Friday, its trade minister said on Thursday. South Africa initially submitted a proposed trade deal to President Donald Trump’s administration in May and revised it in June, …

South Africa readying last-minute trade offer to avoid US tariff Read More »

WASHINGTON (Reuters) -U.S. President Donald Trump again criticised Federal Reserve Chairman Jerome Powell on Thursday, a day after the U.S. central bank held interest rates steady in a 9-2 vote. “Jerome “Too Late” Powell has done it again!!! He is TOO LATE,” Trump wrote in a post on his social media platform. “Put another way,“Too …

Trump again slams Fed chair Powell after rates hold Read More »

By Anushree Mukherjee (Reuters) -Analysts are keeping their oil price forecasts mostly unchanged for 2025, as a rise in OPEC+ output and ongoing U.S. tariff uncertainty weigh on the market, a Reuters poll showed on Thursday. The continued risk of supply disruption from war in Ukraine and the Middle East is providing some support, the …

Tariff uncertainty and rising OPEC+ supply weigh on oil prices- Reuters poll Read More »