Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.
By Nicole Jao NEW YORK (Reuters) – Buyers expect high U.S. refiners to report quarterly losses, at the same time as their margins enhance, as they brace for the ripple impact from U.S. President Donald Trump’s sweeping tariffs, power analysts…
By Georgina McCartney HOUSTON (Reuters) -The U.S. upstream oil and gasoline M&A market is bracing for probably the most difficult circumstances for the reason that COVID-19 pandemic as oil costs droop and prime acreage dries up, analytics agency Enverus stated…
By Aditya Soni (Reuters) – Company America’s synthetic intelligence funding frenzy has shrugged off fears of sluggish returns and doubts fueled by AI fashions constructed cheaply by China’s DeepSeek. However a worldwide commerce conflict began by the Trump administration threatens…
(Reuters) -U.S. inventory index futures leapt on Wednesday, after President Donald Trump backed off from his threats to fireside the pinnacle of the Federal Reserve and raised hopes for a commerce take care of China. Shares of Tesla, in the…
Financial momentum within the eurozone stalled in April, as latest commerce tensions battered the providers sector, undermining fragile optimism for the bloc’s restoration path. The eurozone’s Composite Buying Managers’ Index (PMI), a intently watched gauge of personal sector well being,…
BEIJING/HONG KONG (Reuters) -Chinese language authorities have requested e-commerce platform operators to cease insisting on retailers refunding prospects with out requiring the return of products, to alleviate monetary strain on retailers, two folks aware of the matter mentioned. The federal…
The criticism follows a ‘reset’ of BP’s technique outlined by Murray Auchincloss, its chief govt, in February – Ryan Lim/AFP through Getty Pictures BP is going through recent strain from a pro-oil hedge fund simply as MPs push the corporate…
By Shadia Nasralla LONDON (Reuters) – BP could also be pressured to chop and even scrap its share buyback programmes over the subsequent yr until oil costs get well, analysts say, including that might enhance stress on its already underperforming…
A take a look at the day forward in European and world markets from Kevin Buckland Listening to President Trump on Tuesday, it is as if all of the vitriol in direction of Fed boss Jay Powell – the threats,…
HOUSTON (Reuters) – Oil costs rose nearly 1% in early commerce on Wednesday, extending the prior day’s positive aspects as traders weighed a contemporary spherical of sanctions on Iran, a drop in U.S. crude shares and a softer tone from…
