Reuters US Economy

Brazil to pursue 2026 primary surplus target despite challenges, minister says

24 Mar 2025

BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Monday that the government is sticking to next year’s primary surplus target even though it will be a challenge, as it prepares to submit its 2026 fiscal goal proposal to Congress. Achieving the primary surplus “will not be easy, but we will pursue it,” Haddad …

Brazil to pursue 2026 primary surplus target despite challenges, minister says Read More »

Canada Feb factory sales most likely down 0.2% – Statscan flash estimate

24 Mar 2025

March 24 (Reuters) – Canadian factory sales most likely fell 0.2% in February from January, largely driven by lower sales in food and the petroleum and coal product subsectors, Statistics Canada said in a flash estimate on Monday. The estimate was calculated based on a weighted response rate of 69.4%. The average weighted response rate …

Canada Feb factory sales most likely down 0.2% – Statscan flash estimate Read More »

Japan’s factory activity declines accelerate, services sag, PMI shows

24 Mar 2025

TOKYO (Reuters) – Japan’s factory activity fell at the fastest pace in a year in March, dragged by declines in production and new orders in a worrying sign for the economy, a private-sector survey showed on Monday. The service sector, which had been a bright spot in Japan’s economy, also lost momentum, with business activity …

Japan’s factory activity declines accelerate, services sag, PMI shows Read More »

Take Five: Tantrums and TIARAs

24 Mar 2025

(Reuters) -The first three months of 2025 promised to be bumpy, but few expected the world to be on the verge of a full-on trade war and for investors to be fleeing Wall Street quite so fast after U.S. President Donald Trump’s return to the White House. Investors in emerging markets have been rattled by …

Take Five: Tantrums and TIARAs Read More »

Exclusive-India’s $23 billion plan to rival China factories to lapse after it disappoints

24 Mar 2025

By Sarita Chaganti Singh, Shivangi Acharya NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi’s government has decided to let lapse a $23 billion program to incentivize domestic manufacturing, just four years after it launched the effort to woo firms away from China, according to four government officials.  The scheme will not be expanded beyond the …

Exclusive-India’s $23 billion plan to rival China factories to lapse after it disappoints Read More »

Australia to speed up $1 billion in defence spending in budget, says defence minister

24 Mar 2025

By Kirsty Needham AVALON (Reuters) -Australia will bring forward A$1 billion in defence spending in Tuesday’s federal budget to boost its military capability, including guided weapons manufacture, an AUKUS submarine base and a frigate program, Defence Minister Richard Marles said on Monday. Australia and other United States security allies are under pressure from United States …

Australia to speed up $1 billion in defence spending in budget, says defence minister Read More »

TOMS Capital pushes for Kenvue sale, Bloomberg News reports

24 Mar 2025

(Reuters) -Investment firm TOMS Capital Investment Management has amassed a stake in the Band-Aid maker Kenvue and is pushing the company to consider a full sale or separation of some assets, Bloomberg News reported on Sunday, citing people with knowledge of the matter. It was not immediately clear the extent of the hedge fund’s total …

TOMS Capital pushes for Kenvue sale, Bloomberg News reports Read More »

Australia’s Mineral Resources resumes haulage at Onslow Iron project

24 Mar 2025

(Reuters) – Australia’s Mineral Resources said on Monday it had resumed haulage operations on its Onslow Iron project in Western Australia following a pause after a road train accident last week. Operations resumed on March 21 following discussions with WorkSafe WA, part of the Department of Energy, Mines, Industry Regulation and Safety, about controls and …

Australia’s Mineral Resources resumes haulage at Onslow Iron project Read More »

Turkish central bank to meet bank executives, banking sources say

23 Mar 2025

ISTANBUL (Reuters) – Turkish Central Bank Governor Fatih Karahan will meet with board members of Turkey’s Banks Association (TBB) on Sunday to discuss recent developments in the market, three banking sources with the knowledge of the matter said. Turkish lira, stocks and bonds suffered heavy declines since Wednesday when Istanbul Mayor Ekrem Imamoglu, the main …

Turkish central bank to meet bank executives, banking sources say Read More »

Close Bitnami banner
Bitnami