By Michael S. Derby (Reuters) – Americans’ expectations for near-term inflation hit the highest level since the fall of 2023 in March, amid a souring in the public’s assessment of their personal finances and hiring prospects, a report from the Federal Reserve Bank of New York said on Monday. The bank said that in its …
NY Fed: March near term inflation expects jump amid souring sentiment levels Read More »
SAO PAULO (Reuters) – Carrefour Brasil’s gross sales in the first quarter including fuel totaled 28.8 billion reais ($4.93 billion), a 3.6% increase from a year earlier, the retailer said in a securities filing on Sunday. In a separate filling, Carrefour Brasil announced the postponement of ordinary and extraordinary shareholders’ meetings from April 17 to …
Carrefour Brasil posts 3.6% increase in gross sales Read More »
(Reuters) – India and the United States have finalised the terms of reference for the first phase of a bilateral trade agreement to be concluded late this year, with a view to reaching bilateral trade worth $500 billion by 2030. Virtual and in-person trade talks are set to continue over coming weeks and months, with …
What are the thorny farm issues in India-US trade negotiations? Read More »
By Arasu Kannagi Basil and Pritam Biswas (Reuters) -Kraken, one of the world’s largest cryptocurrency exchanges, began a phased national rollout of commission-free trading for over 11,000 U.S.-listed stocks and exchange-traded funds on Monday, marking its latest move to expand across asset classes. Crypto firms such as Kraken are looking to expand their businesses to …
Kraken expands beyond crypto with commission-free trading launch Read More »
(Reuters) -DaVita said on Monday it was hit by a ransomware attack that encrypted certain elements of its network, and some of its operations remained disrupted despite interim measures. While the dialysis service provider continued to provide patient care as it took measures to restore certain functions, it could not “estimate the duration or extent …
Dialysis firm DaVita hit by ransomware attack, says patient care continues Read More »
(Reuters) – Goldman Sachs on Monday reduced its forecast for aluminium prices this year after its economists downgraded global growth forecasts including for the U.S. and China following the Trump administration’s move to sharply increase tariffs. “We now expect the aluminium price to fall to a monthly average low of $2,000 (per metric ton) in …
Goldman Sachs cuts aluminium price forecast on weaker growth outlook Read More »
(Reuters) -Wells Fargo said on Monday its technology banking unit increased its headcount by 20% over the past year on the back of growth in the U.S tech sector, with additional hires in the pipeline for 2025. Tech stocks have grown exponentially in the past two years, with 2023 being a banner year for the …
Wells Fargo says tech banking team grew by 20% over past year Read More »
By America Hernandez (Reuters) -U.S. liquefied natural gas (LNG) producer NextDecade said on Monday it has signed a 20-year deal to supply France’s TotalEnergies with 1.5 million tonnes per annum (MTPA) from its Rio Grande facility’s planned fourth liquefaction facility, or train. NextDecade has so far contracted a total of 4.6 MTPA of LNG from …
NextDecade strikes LNG supply deal with TotalEnergies for 1.5 million tonnes annually Read More »
(Reuters) – Citigroup downgraded its stance on U.S. equities and slashed its S&P 500 index target for this year as it expects tariff uncertainty to hurt corporate America’s earnings. Citi joined a string of brokerages, including Goldman Sachs and BofA, in slashing their benchmark index target below the 6000 mark. Citi’s current year-end target stands …
Citigroup downgrades US equities, cuts S&P 500 target below 6000 on tariff concerns Read More »
(Reuters) – Australia’s competition regulator said on Monday Clorox’s local unit had been fined A$8.25 million ($5.19 million) by the Federal Court over falsely claiming its GLAD kitchen and garbage bags were partially made from recycled ocean plastic. The Australia Competition and Consumer Commission (ACCC) said the U.S.-based cleaning products maker admitted to breaching the …
Clorox Australia fined $5.2 million over false claims of using recycled plastic Read More »
