Category Economy

(Reuters) -Copper miner Freeport-McMoRan (NYSE:FCX) posted a drop in fourth-quarter manufacturing on Thursday and mentioned that its prices would rise greater than anticipated this 12 months, sending the corporate’s shares down greater than 4%. Whereas the Phoenix-based firm was in…

By Padraic Halpin, Conor Humphries DUBLIN (Reuters) -Eire’s Micheál Martin was elected prime minister for the second time by a coalition of the nation’s two massive centre-right events and independents on Thursday, and set himself the duty of avoiding threats…

DAKAR (Reuters) – The U.S. plan to withdraw from the World Well being Group will squeeze Africa’s well being initiatives, the Africa Centres for Illness Management and Prevention stated on Thursday, calling on African international locations to seek out various…

By Brad Haynes DAVOS, Switzerland (Reuters) – Nigeria must double financial progress inside the subsequent yr or two from an annualized price of three.5% within the third quarter to elevate its inhabitants out of poverty, its finance minister instructed Reuters…

WASHINGTON (Reuters) – The U.S. Senate might vote to verify Republican President Donald Trump’s nominee for treasury secretary, Scott Bessent, this weekend, Majority Chief John Thune stated on Thursday. The Senate Finance Committee accredited Bessent by a 16-11 vote on…

By Marc Jones LONDON (Reuters) – Rising markets might be seeing a dreaded “sudden cease” of capital flows as President Donald Trump’s ‘America First’ insurance policies pump up the U.S. economic system and suck cash away from poorer nations, funding…

By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve has scrubbed a “Range and Inclusion” part from its web site, with earlier hyperlinks to a press release of the U.S. central financial institution’s range requirements and knowledge on the racial,…

By Elisa Martinuzzi and Brad Haynes DAVOS, Switzerland (Reuters) – Brazil’s debt market will possible proceed to thrive in 2025, with a possible enhance in fairness exercise within the second half, after a three-year drought within the nation’s as soon…

By Chuck Mikolajczak NEW YORK (Reuters) -The greenback was modestly decrease on Thursday in a uneven session, after feedback from U.S. President Donald Trump referred to as for decrease rates of interest whereas offering no readability on tariffs, and traders…

By Jamie McGeever (Reuters) – A take a look at the day forward in Asian markets.  Buyers divert their focus away from Washington on Friday for the primary time since President Donald Trump’s inauguration on Monday, in direction of Tokyo…