Reuters US Economy

By Anton Bridge and Miho Uranaka TOKYO (Reuters) -Tokyo-based investment firm Japan Activation Capital (JAC) said on Thursday it had closed its second fund at 77 billion yen ($511.93 million), bringing the total amount it has raised from domestic institutional investors to about 210 billion yen. JAC was established in 2023 by a former Carlyle …

Japan Activation Capital raises $512 million in second fund from domestic investors Read More »

By Noel Randewich (Reuters) – Wall Street stocks ended sharply lower on Wednesday, dragged down by losses in Nvidia and Tesla as investors awaited information about long-promised U.S. tariffs on automotive imports. U.S. President Donald Trump was set to announce plans for car-industry tariffs at a press conference on Wednesday, widening the global trade war …

Wall Street ends down sharply on tariff worries; Nvidia and Tesla drop Read More »

(Reuters) -British equities closed higher on Wednesday, buoyed by rising energy stocks, after finance minister Rachel Reeves pushed back government spending plans in a long-anticipated budget update. Both the blue-chip FTSE 100 and the FTSE 250 index gained 0.3%. Facing a weak economy that threatened her fiscal targets, Reeves trimmed the British government’s spending plans, …

Energy leads UK shares higher after finance minister trims spending plans Read More »

BEIJING (Reuters) – China’s Vice Premier He Lifeng expressed “solemn concerns” over U.S. tariffs and planned “reciprocal” duties in a video call with U.S. top trade chief Jamieson Greer on Wednesday, Chinese state media Xinhua news agency reported. The two men had a “candid and in-depth” exchange of views on key economic and trade issues, …

China’s vice premier raises ‘solemn concerns’ over tariffs in talks with US trade chief Read More »

By Riham Alkousaa BERLIN (Reuters) – Accelerated climate action could boost global GDP by 0.2% by 2040 compared with current policies, a study showed on Tuesday, as delegates from 40 countries meet in Berlin to shape the agenda for the COP30 summit in Brazil later this year. An analysis by the Organisation for Economic Co-operation …

Ambitious climate action could boost global 2040 GDP by 0.2%, says OECD study Read More »

By Ana Mano SAO PAULO (Reuters) -Shares in the world’s largest meatpacker JBS rose but pared their gains as investors digested its first-quarter results, which were broadly above most analysts’ expectations in relation to U.S. beef margins and the performance of the company’s Seara processed food division in Brazil. Shares rose as much as 2.38% …

Brazil’s JBS shares fall after Q4 results Read More »

By Lucia Mutikani WASHINGTON (Reuters) -Orders for long-lasting U.S. manufactured goods unexpectedly rose in February as businesses rushed to avoid potential price increases from tariffs, likely boosting capital expenditure in the first quarter. But the report from the Commerce Department on Wednesday did not change economists’ expectations that economic growth was slowing considerably in the …

Front-loading ahead of tariffs boosts US durable goods orders Read More »