Reuters US Economy

Brazil’s unemployment rate rises but job creation remains strong

SAO PAULO/BRASILIA (Reuters) -Brazil’s unemployment rate rose in the quarter through February as more people actively looked for jobs, official data showed on Friday, with analysts pointing to a still tight labor market as job creation last month exceeded forecasts. Unemployment in Latin America’s largest economy hit 6.8% in the three months through February, statistics …

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European shares hits a weekly decline as tariff worries persist

By Medha Singh and Nikhil Sharma (Reuters) -European shares slid on Friday as fresh U.S. data amplified worries about higher inflation, ending a week where new tariff announcements from U.S. President Donald Trump kept investors away from risky assets. The pan-European STOXX 600 index ended 0.7% lower and was down 1.4% for the week, its …

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Analysis-Wall Street straps in for Trump’s tariff reveal; sees no end to fog of uncertainty

By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK (Reuters) -U.S. President Donald Trump’s scheduled April 2 tariff policy announcement could clear a fog of uncertainty that has clouded financial markets this year, yet few investors expect to get the definitive guidance they seek. Investors entered 2025 bullish about pro-growth government policies under Trump, but …

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Canada budget deficit over first ten months of 2024/25 increases to C$26.85 billion

OTTAWA, March 28 (Reuters) – Canada recorded a marginally higher C$26.85 billion ($18.77 billion) budget deficit for the first ten months of the 2024/25 fiscal year as government expenditures grew slightly faster than revenues, the finance ministry said on Friday. By comparison, the deficit in the same period a year earlier was C$25.67 billion, it …

Canada budget deficit over first ten months of 2024/25 increases to C$26.85 billion Read More »

BTG Pactual’s Andre Esteves expected to join Eneva’s board

SAO PAULO (Reuters) – The chairman of Brazil’s investment bank BTG Pactual, billionaire Andre Esteves, is expected to join the board of power generator Eneva, according to a proposal released on Friday for Eneva’s shareholders’ meeting. Under the proposal, Eneva’s board of directors, composed of seven members, would see two new members as two others …

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Canada home prices to lag inflation; trade war further hurts sentiment: Reuters poll

By Mumal Rathore and Indradip Ghosh BENGALURU (Reuters) – Canadian home prices are set to lag overall inflation this year, a Reuters poll of property market experts showed, with transaction volumes already down sharply as a U.S.-led trade war escalates and risks serious damage to the economy. U.S. President Donald Trump’s flip-flopping tariff policies – …

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Canada’s GDP for January expands by 0.4% as tariff impact looms

By Promit Mukherjee OTTAWA (Reuters) -Canada’s Gross Domestic Product grew by 0.4% on a monthly basis in January as economic activity continued the momentum of the last few of months, data showed on Friday. Economists said part of the growth was helped by an increase in demand for cross-border trade by companies seeking to avoid …

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China absorbs massive Brazilian soy shipments in first quarter

By Ana Mano and Roberto Samora SAO PAULO (Reuters) – Brazilian soybean traders are poised to ship record volumes in the first quarter, driven by strong demand from the world’s largest importer, China, which is currently involved in a trade war with the U.S., three analysts said, citing shipping data. Current soy volumes being shipped …

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