By Anna Szymanski What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Commentary Trading in global markets was fairly quiet at the start of this central bank-packed week, with holidays today in Britain, Hong Kong, China, Japan and South Korea. But the oil market has garnered headlines, with prices falling more …
By Ann Saphir (Reuters) -The Federal Reserve will doubtless leave interest rates unchanged on Wednesday, but the meeting may be the last where the outcome is so cut and dry with President Donald Trump’s tariffs casting a shadow of uncertainty over the economic outlook. Trump’s erratic rollout of the steepest U.S. tariffs in a century …
Fed policymakers expected to keep rates steady as tariffs roil outlook Read More »
MOSCOW (Reuters) – The Russian manufacturing sector saw a slight easing in its downturn in April, with contractions in both output and new orders slowing to a marginal pace, S&P Global reported on Monday. The Purchasing Managers’ Index (PMI) for Russia’s manufacturing sector rose to 49.3 last month from 48.2 in March, marking a second …
Russian factory sector sees slight improvement in April, PMI shows Read More »
By Roshan Thomas and Himanshi Akhand (Reuters) – Australian no.2 mortgage lender Westpac’s first-half profit missed expectations on Monday as margins contracted, and it warned shifting global trade policies were rattling markets and may raise funding costs, knocking its shares down 3%. “Geopolitical uncertainty is a key risk that’s as high as it has been …
Australia’s Westpac flags global trade risks, shares slide after profit miss Read More »
By Makiko Yamazaki (Reuters) – Japan has no plans to threaten to sell its $1 trillion-plus holdings of U.S. Treasuries in trade talks with Washington, its finance minister said on Sunday, clarifying earlier remarks that the bond holdings could be used as a bargaining chip. “My comments were made in response to a question whether …
Japan says no plan to threaten Treasuries sale in US trade talks Read More »
By Andrea Shalal WEST PALM BEACH, Florida (Reuters) -U.S. President Donald Trump said he would extend the June 19 deadline for China-based ByteDance to divest the U.S. assets of TikTok, the short video app used by 170 million Americans, if no deal had been reached by then.”I would … I’d like to see it done,” …
Trump says would extend TikTok deadline if no deal reached by June 19 Read More »
By Steven Scheer JERUSALEM (Reuters) -European and U.S. carriers cancelled flights for the next several days after a missile fired by Yemen’s Houthi rebels on Sunday landed near Israel’s Ben Gurion Airport, the country’s main international travel gateway. Many foreign airlines subsequently suspended flights to and from Tel Aviv after the missile hit, sending a …
Flights again halted to Israel after Houthi missile lands near airport Read More »
By Jonathan Stempel and Suzanne McGee OMAHA, Nebraska (Reuters) -Warren Buffett is ending his career as perhaps the world’s most famous and revered investor, saying he will step down as chief executive of Berkshire Hathaway at the end of 2025, and hand over the reins to Vice Chairman Greg Abel. The move caps an era …
Buffett to step down as Berkshire CEO after 60 years at helm, passes baton to Abel Read More »
(Reuters) -Warren Buffett, 94, announced on Saturday he will step down as chief executive of Berkshire Hathaway at the end of 2025, and hand over the reins to Vice Chairman Greg Abel. Here are reactions: Brian Moynihan, CEO at Bank of America: “Warren Buffett has achieved unparalleled success over a seven-decade-plus career. Beyond his business …
Reaction to Buffett plan to step down as Berkshire CEO, new CEO Abel Read More »
By Gabriel Araujo and Patricia Vilas Boas SAO PAULO (Reuters) – Brazilian airlines are enjoying a boost as fans from all over the country fly to Rio de Janeiro ahead of a free Lady Gaga concert that is expected to draw more than 1 million fans to Copacabana Beach this weekend. The 39-year-old “Die with …
Fly with a smile: Brazil airlines cheer Lady Gaga-driven demand Read More »
