By Mike Dolan LONDON (Reuters) -What matters in U.S. and global markets today I’m excited to announce that I’m now part of Reuters Open Interest (ROI), an essential new source for data-driven, expert commentary on market and economic trends. You can find ROI on the Reuters website, and you can follow us on LinkedIn and X. Last month’s …
Morning Bid: Relief at two-week Middle East window Read More »
BEIJING (Reuters) -China’s Geely said on Friday it and its parent Geely Holding would take a combined 26.4% stake in a joint venture controlled by its French partner Renault as the two seek to produce and sell cars jointly in Brazil. The two automakers have entered an agreement that would see Renault take 73.57% in …
Geely to hold 26.4% stake in Brazilian JV majority-owned by Renault Read More »
By Howard Schneider WASHINGTON (Reuters) -President Donald Trump’s inauguration promise in January that “the golden age of America begins right now” remains unfulfilled in the outlook of Federal Reserve officials who so far see his policies slowing the economy, raising unemployment and inflation, and clouding the horizon with a still-unresolved tariff debate that could deliver …
Trump’s economic ‘golden age’ meets Fed’s brass tacks Read More »
By Alessandro Parodi and Victoria Waldersee (Reuters) -The world’s largest car-carrying ship – with the equivalent of 20 football fields of vehicles – completed its maiden journey late last month to dock in Brazil’s Itajai port. But not everyone is cheering its arrival. BYD, China’s top producer of electric and plug-in hybrid vehicles, is offering Brazilian …
China floods Brazil with cheap EVs triggering backlash Read More »
TOKYO (Reuters) -Japan’s top trade negotiator Ryosei Akazawa said on Friday that trade negotiations with the U.S. “remained in a fog” despite efforts by both sides to seek an agreement. Tokyo has failed so far to clinch a trade deal with Washington and fulfil its goal of convincing President Donald Trump to scrap a 25% …
Japan’s trade negotiator says US tariff talks are ‘in a fog’ Read More »
By Promit Mukherjee OTTAWA (Reuters) -Canada could increase counter-tariffs on U.S.-produced steel and aluminum if it does not reach a broader trade deal with President Donald Trump within 30 days, Prime Minister Mark Carney said on Thursday. Trump increased import duties on steel and aluminum to 50% from 25% earlier this month, prompting industry calls …
Canada could slap more duties on US steel and aluminum, says Carney Read More »
(Reuters) -Microsoft is prepared to abandon its high-stakes negotiations with OpenAI over the future of its alliance, the Financial Times reported on Wednesday. The tech giant has considered pausing discussions with the ChatGPT maker if the two sides remain unable to agree on critical issues such as the size of Microsoft’s future stake in OpenAI, …
Microsoft prepared to abandon high-stakes talks with OpenAI, FT reports Read More »
By Robert Harvey LONDON (Reuters) -Iran is maintaining crude oil supply by loading tankers one at a time and moving floating oil storage much closer to China, two vessel tracking firms told Reuters, as the country seeks to keep a key source of revenue while under attack from Israel. The conflict between Iran and Israel …
Iran adapts to maintain oil exports during conflict, trackers say Read More »
By Alun John and Naomi Rovnick LONDON (Reuters) -Central banks are grappling with elevated uncertainty about economic growth and inflation, complicating decision-making, especially for those trying to calibrate policy as they near the end of their rate-cutting cycles. That’s making life hard for investors too. Norway’s central bank on Thursday gave markets a shock by …
Global uncertainty puts big central banks in a tight spot Read More »
PARIS (Reuters) -Stellantis has asked for 82,000 Citroen C3 and DS3 vehicles in France with faulty Takata airbags to be removed from roads, a company spokesperson said on Thursday, one week after a woman in Reims died from injuries sustained by one of the airbags in a 2014 Citroen C3. All C3 and DS3 vehicles …
