By Anastasiia Malenko and Olena Harmash KYIV (Reuters) – President Donald Trump raised the prospect of imposing large-scale U.S. sanctions…
ECB cuts rates again, euro rallies
LONDON (Reuters) -The European Central Bank cut interest rates as expected on Thursday and kept the door ajar to more,…
Marvell’s tepid revenue forecast reignites AI spending fears, shares slump
By Arsheeya Bajwa (Reuters) – Marvell Technology tumbled 16% and dragged down rival chipmakers on Thursday, after an in-line revenue…
Investors seek to switch hedge funds, citing risk, performance and size, says IG Prime
By Nell Mackenzie LONDON (Reuters) -Roughly a quarter of investors surveyed by IG Prime are looking to change which hedge…
S&P downgrades Stellantis rating, expects tariff headwinds
(Reuters) – Global ratings agency S&P Global said on Thursday it has downgraded Stellantis to “BBB” from “BBB+”, citing weak…
Elon Musk says Post Office, Amtrak should be privatized
By David Shepardson WASHINGTON (Reuters) -Billionaire Elon Musk, who is advising President Donald Trump on plans to radically shrink the…
Trump delays auto tariffs. Pickup trucks might explain why
By Nora Eckert, Kalea Hall and David Shepardson DETROIT (Reuters) -U.S. President Donald Trump’s 25% tariffs on Canada and Mexico…
US economic activity up slightly as tariff worries rise, Fed survey shows
By Ann Saphir (Reuters) -U.S. economic activity has risen slightly but unevenly since mid-January, employment nudged higher, and prices increased…
Los Angeles County, Pasadena, sue Southern California Edison over wildfires
(Reuters) – The County of Los Angeles and City of Pasadena, along with other public entities, filed lawsuits against Edison…
Tariffs would need to be in place for years to alter US-Canada crude flows, Enbridge says
By Amanda Stephenson CALGARY (Reuters) -Tariffs on Canadian oil would need to be in place for years before significantly altering…