(Refiles with new headline) By Marco Aquino PISCO, Peru (Reuters) -In Peru’s Pisco Desert, rows of blueberry bushes towering as much as two meters high stretch towards the horizon, finally giving way to sand dunes. Traditional blueberries need chilly nights to bring fruit, but genetic innovations have created varieties like Eureka Sunset that can grow …
Peru turns to China as US tariffs squeeze blueberry exports Read More »
MEXICO CITY (Reuters) -Mexico’s central bank may pause cuts to its benchmark interest rate in the face of an inflationary rebound, deputy governor Jonathan Heath said in an interview with local newspaper El Economista published on Wednesday. Mexico’s annual inflation rate accelerated in May and exceeded the upper-end of the central bank’s target range of …
Mexico’s central bank may pause rate cuts, deputy governor Heath says Read More »
(Reuters) -Cooler-than-expected U.S. inflation last month deepened conviction in financial markets on Wednesday that the Federal Reserve will start cutting interest rates by September and deliver a second reduction by the end of this year. A U.S. government report showed the Consumer Price Index – a measure of underlying inflation – rose just 0.1% in …
Fed seen on track to start cutting rates by September Read More »
NEW YORK (Reuters) -U.S. consumer prices rose slightly in May as gasoline prices remained subdued, but inflation is likely to pick up in the months as tariffs boost the cost of imported goods. The consumer price index CPI increased 0.1% last month after rising 0.2% in April, the Labor Department said on Wednesday. Economists polled …
(Reuters) -Novavax’s experimental COVID-19-influenza combination and standalone influenza vaccines generated a strong immune response in adults aged 65 and older, similar to already approved shots against the viruses in a late-stage trial. Both the vaccine candidates were well tolerated with no new safety concerns, the biotech said on Wednesday. Its shares rose 1.3% to $7.29 …
Novavax’s COVID-flu combo vaccine shows strong immune response in trial Read More »
(Reuters) -U.S. utility Talen Energy announced on Wednesday an expanded nuclear energy partnership with Amazon.com to supply up to 1,920 megawatts of electricity from its Susquehanna plant in Pennsylvania to Amazon Web Services (AWS) data centers. WHY IT’S IMPORTANT The long-term deal, lasting until 2042, ensures Talen a steady, long-term revenue stream while supporting Amazon’s …
Talen Energy and Amazon sign nuclear power deal to fuel data centers Read More »
(Reuters) -U.S. stock index futures turned positive on Wednesday as a cooler-than-expected consumer inflation report calmed worries around President Donald Trump’s tariffs worsening price pressures. A Labor Department report showed the Consumer Price Index (CPI) rose 0.1% on a monthly basis in May, versus the 0.2% increase forecast by economists polled by Reuters. Annually, it …
US stock futures turn positive after May CPI data Read More »
By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia and artificial intelligence search firm Perplexity on Wednesday said they are partnering with more than a dozen AI firms in Europe and the Middle East to refine those firms’ AI technologies and distribute them to local businesses. Nvidia said it will work with model makers in France, Germany, …
Nvidia, Perplexity partner with European firms to boost local AI models Read More »
By Arriana McLymore and Nicholas P. Brown NEW YORK (Reuters) -U.S. importers are increasingly relying on customs brokers to keep up with President Donald Trump’s ever-changing trade policies. But booming demand for help in processing foreign goods has made these services more expensive, adding another cost to the tariff burden, industry players told Reuters. Customs …
US importers turn to brokers to navigate Trump-era tariffs, at a cost Read More »
(Reuters) -VietJet Aviation JSC is in talks to order around 100 more Airbus SE narrow-body jets, with a potential deal as early as next week’s Paris Airshow, Bloomberg News reported on Wednesday, citing sources familiar with the matter. The low-cost Vietnamese airline is looking to buy more of the A321neo model, according to the report. …
VietJet in talks to order about 100 Airbus jets, Bloomberg News reports Read More »
