By Ross Kerber (Reuters) -Support for shareholder resolutions pressing U.S. companies for environmental and social reforms fell to 16% on average for the 12 months ended June 30, half the rate of three years ago, data from Morningstar shows. Analysts, activists and investors attributed the trend to hostility to climate and diversity matters from U.S. …
US investors back away from climate and social reforms Read More »
By Christy Santhosh (Reuters) -The U.S. Food and Drug Administration has declined to approve Capricor Therapeutics’ cell therapy for a heart condition, the company said on Friday, sending its shares tumbling 30% in early trading. In its “complete response letter,” the agency said the evidence submitted for the therapy, Deramiocel, does not meet efficacy requirements …
Capricor shares sink as US FDA declines to approve cell therapy Read More »
By Nandita Bose WASHINGTON (Reuters) -The White House is scrutinizing layoff plans by federal agencies in an effort to limit further court challenges after the Supreme Court cleared the way for a sweeping downsizing of the government workforce, according to two senior White House officials with knowledge of the matter. The White House Counsel’s Office …
White House reviews mass federal layoff plans, aims for swift action Read More »
(Reuters) -Major brokerages, including Goldman Sachs, J.P.Morgan and Morgan Stanley, have forecast slower global growth for late 2025 due to economic uncertainty fueled by tariffs and geopolitical tensions. The U.S. economy is expected to grow between 1% and 2% this year, according to estimates from leading brokerages, as tariffs push prices higher, while softening labor …
(Changes US beef production to billion pounds from million pounds in paragraph 5) CHICAGO (Reuters) -U.S. President Donald Trump’s plan for a 50% tariff on goods from Brazil will likely raise prices for beef used in American hamburgers, traders and analysts said on Thursday, as food manufacturers increasingly rely on imports during a time of …
Trump tariff on Brazilian goods could jack up US burger price Read More »
(Reuters) -U.S. equity funds saw a significant drop in net investments in the week through July 9 on caution over President Donald Trump’s threats of fresh tariffs on trading partners, even though stocks surged to new records on rising demand in the artificial intelligence sector. Investors acquired just $2.1 billion worth of U.S. equity funds …
US equity fund inflows ease on caution over tariff threats Read More »
By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Although markets are trying to shrug off the week’s U.S. tariff threats as yet another negotiation tactic, there’s growing unease at the daily barrage, the latest being a 35% tariff on Canadian goods and …
TOKYO (Reuters) -Nissan is in talks to supply cars to Honda in the United States, which would let the struggling Japanese automaker put to use an under-utilised American plant, the Nikkei newspaper said on Friday, without citing sources. Nissan is considering making Honda pickup trucks at its Canton plant in Mississippi, which turns out models …
Nissan to supply cars to Honda in US, Nikkei says Read More »
By Alex Lawler VIENNA (Reuters) -The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency said on Friday, as refineries ramp up processing to meet summer travel demand. The IEA, which advises industrialised countries, expects global supply to rise by 2.1 …
World oil market may be tighter than it looks, IEA says Read More »
(Reuters) -Asian stocks drew foreign inflows for a second straight month in June, buoyed by investors wagering on U.S. Federal Reserve interest rate cuts and a softer U.S. dollar, though gains were capped by jitters over looming U.S. tariffs. Foreign investors bought a net $6.02 billion worth of equities across Taiwan, South Korea, India, Thailand, …
Asian stocks attract foreign inflows for second month, but tariff outlook clouds Read More »
