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(Reuters) – Morgan Stanley joined Barclays and Macquarie in forecasting a single 25 foundation level rate of interest minimize by the U.S. Federal Reserve this yr, citing uncertainty from President Donald Trump’s tariff coverage. The Wall Avenue brokerage had beforehand…
PARIS (Reuters) – French oil main TotalEnergies reported a 15% drop in fourth quarter earnings on Wednesday, closing out a 12 months marked by low oil costs and weak gas demand which have been partially offset by increased electrical energy…
OSLO (Reuters) -Equinor on Wednesday posted barely higher-than-expected income for the ultimate quarter of 2024, whereas elevating its oil and gasoline output forecast and scaling again plans for renewable power capability growth. The Norwegian oil and gasoline producer’s adjusted earnings…
By Howard Schneider (Reuters) – The Federal Reserve can proceed reducing rates of interest at the least “over the medium time period,” Fed Vice Chair Philip Jefferson mentioned on Tuesday, reiterating the U.S. central financial institution’s message that policymakers needn’t…
(Bloomberg) — Oil steadied after a decline as considerations a commerce struggle between the US and China will damage international development was offset by President Donald Trump ramping up financial stress on Iran. West Texas Intermediate traded under $73 a…
Brandon Bell/Getty Photos; iStock; Rebecca Zisser/BI Betting markets count on the Trump administration to unleash extra tariffs within the coming months. The EU is probably going the subsequent area to face US protectionism, Polymarket bettors speculate. Inflation expectations have ticked…
WASHINGTON (AP) — When Donald Trump began the most important commerce battle for the reason that Thirties in his first time period, his impulsive mixture of threats and import taxes on U.S. buying and selling companions created chaos, generated drama…
One of many subsequent strikes in President Donald Trump and Elon Musk’s sweeping effort to fireplace authorities staff and curtail operations is utilizing the company that manages hundreds of federal worker worksites across the nation to chop down on workplace…
CAIRO (Reuters) – Lebanon President Joseph Aoun on Tuesday advised Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani that he hopes TotalEnergies will quickly resume oil and fuel exploration off the coast of Lebanon, based on an announcement from…
By Pete Schroeder and Nupur Anand WASHINGTON (Reuters) – The Federal Reserve introduced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, however mentioned the financial institution’s asset cap remained in place. The…
