By Patturaja Murugaboopathy (Reuters) -Global investors are pivoting towards actively managed equity funds this year as market volatility rises on worries over U.S. tariffs and the stock market rally broadens beyond a few mega-cap tech stocks. According to LSEG Lipper data, active equity funds secured a record inflow of $127 billion in the first half …
Tariff volatility drives investors to actively managed funds Read More »
By Nora Eckert and Abhirup Roy DETROIT (Reuters) -Automakers are urging customers to snap up electric vehicles before a $7,500 U.S. tax credit goes away this fall. Tesla’s homepage on Tuesday displayed a banner: “$7,500 Federal Tax Credit Ending. Take Delivery by September 30, 2025.” The same day, Ford Motor extended its deal for free …
Automakers push EV sales as $7,500 US tax credit is set to end Read More »
(Reuters) -Apple is in talks to acquire U.S. broadcast rights to screen Formula 1 racing when the contract becomes available next year, the Financial Times reported on Wednesday, citing people familiar with the matter. The report follows the strong performance of Apple’s high-octane Brad Pitt-starrer “F1: The Movie”, which has grossed more than $300 million …
Apple eyes US Formula 1 broadcast rights after ‘F1: The Movie’ success, FT reports Read More »
By Max A. Cherney SAN FRANCISCO (Reuters) -The number of customers that use Arm-based chips in data centers has grown to 70,000, a 14-fold increase since 2021, the company told Reuters. Under the guidance of Chief Executive Rene Haas, chip technology maker Arm has been working to expand its business into the PC market and …
(Reuters) -A look at the day ahead in U.S. and global markets by Alun John, EMEA Finance and Markets breaking news reporter. Markets are processing tariff news again today, after U.S. President Donald Trump on Tuesday broadened his trade war, saying he would impose a 50% tariff on imported copper and soon introduce long-threatened levies …
By Howard Schneider WASHINGTON (Reuters) -The minutes from the Federal Reserve’s June 17-18 policy meeting are expected on Wednesday to show a divided central bank wrestling with the expected economic impact of rising U.S. import taxes and reluctant to commit to interest rate cuts until it is clearer how much the Trump administration’s tariff increases …
Fed minutes likely to shine light on divide over tariffs, rates outlook Read More »
By Elisa Anzolin and Juby Babu (Reuters) -Shares in EssilorLuxottica, the maker of Ray-Ban glasses, jumped on Wednesday after reports that Meta Platforms had acquired a stake of nearly 3% in the Franco-Italian company. The shares, which are listed in Paris, rose 5.4% to 252 euros by 0925 GMT, the biggest gainer on the pan European …
EssilorLuxottica shares jump after reports that Meta bought 3% stake Read More »
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. companies are getting ready to open their books on the second quarter, with investors looking for signs of an impact from President Donald Trump’s trade war launched on April 2. While earnings growth is expected to decelerate from the first three months of the year, a sharp decline …
Analysis-Investors set for first US earnings quarter under Trump tariff war Read More »
BRUSSELS (Reuters) -The European Union is working closely with U.S. President Donald Trump’s administration to reach a trade deal, but Brussels is getting ready for all scenarios, European Commission President Ursula von der Leyen said on Wednesday. “We stick to our principles, we defend our interests, we continue to work in good faith, and we …
By Stefanno Sulaiman JAKARTA (Reuters) -Indonesia will highlight its strategic importance in global trade, especially its natural resources, as it forges ahead with negotiations to try to reduce a 32% tariff imposed by the United States, a government official said on Wednesday. Indonesia’s chief economic minister Airlangga Hartarto, who leads the negotiation team, is scheduled …
Indonesia tariff negotiator to meet Lutnick in US, aims to tout natural resources Read More »
