Reuters
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Britain to boost lending for defence exports by 2 billion pounds
LONDON, March 14 (Reuters) - Britain said on Friday it would increase the overall amount it lends other countries to buy from British defence firms, in an effort to boost exports of missiles and aircraft and bolster its defence industry.The government will increase its credit agency UK Export Financ
Fri, Mar 14
UK, US hold private talks to resolve Apple encryption order, Bloomberg News reports
March 13 (Reuters) - British officials held private talks with their U.S. counterparts to resolve concerns that UK is trying to force Apple to build a backdoor into Americans' encrypted data, Bloomberg News reported on Thursday, citing people familiar with the matter.
Fri, Mar 14
Meeting with Lutnick on tariffs was constructive, Canadian ministers say
WASHINGTON, March 13 (Reuters) - Canadian ministers emerged from a lengthy, high-level meeting between Canada and the United States on Thursday without immediate relief from U.S. tariffs on Canadian imports, but they said the discussion was constructive and that talks would continue.Speaking to repo
Fri, Mar 14
Toyota Tsusho America to acquire Radius Recycling in $1.34 billion deal
March 13 (Reuters) - Recycled metal products maker Radius Recycling RDUS.O said on Thursday it had entered into a definitive merger agreement with Toyota Tsusho America, a U.S. subsidiary of Japanese trading house Toyota Tsusho Corp (TTC) 8015.T.
Thu, Mar 13
Shell completes sale of Nigerian onshore subsidiary SPDC
March 13 (Reuters) - Shell SHEL.L said on Thursday it had completed the sale of its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance.Renaissance, a consortium of five firms comprising four Nigerian exploration and production companies and...
Thu, Mar 13
METALS-Copper pulls back from five-month high on global growth worries
By Eric Onstad LONDON, March 13 (Reuters) - Benchmark copper prices in London retreated from five-month highs on Thursday as worries about global growth dulled the impact of U.S. tariffs inflating metals prices, while tin prices spiked to a 32-month peak after a mine in Congo closed.Three-month c...
Thu, Mar 13
RBC upgrades Wells Fargo to 'outperform' on valuation
RBC Capital Markets upgrades Wall Street giant Wells Fargo WFC.N to "outperform" from "sector perform".Says recent stock weakness gives investors a good entry point to buy WFC's stock** Brokerage expects WFC to execute on its growth plan to achieve its profitability target o...
Thu, Mar 13
US STOCKS SNAPSHOT-Futures pare losses after producer prices data
March 13 (Reuters) - U.S. stock index futures pared losses on Thursday after producer prices data showed abating inflation pressures, offering investors some respite as they seek clues on the Federal Reserve's monetary policy trajectory this year.
Thu, Mar 13
NFL signs Novartis as first pharmaceutical partner-source
NEW YORK, March 13 (Reuters) - The National Football League has signed its first-ever pharmaceutical partner in a multi-year deal with Switzerland-based firm Novartis NOVN.S, a league source told Reuters on Thursday.
Thu, Mar 13
Oil dips as economic concerns, supply and demand expectations weigh
Macroeconomic concerns stemming from tariffs remain prevalentGlobal demand firmer year on year and exceeded expectations, JP Morgan analysts sayGasoline inventories fall more than expected, EIA data shows By Paul Carsten LONDON, March 13 (Reuters) - Oil prices slipped on Thursday after surging in...
Thu, Mar 13
U.S. STOCKS ON THE MOVE-Novo Nordisk, Intel, Microsoft
March 13 (Reuters) - U.S. stock index futures declined on Thursday as investors closely monitored a stopgap government funding bill amid escalating slowdown fears driven by President Donald Trump's chaotic tariff policies. .N
Thu, Mar 13
Adobe's AI revenue, new subscription segments to drive long-term growth
Photoshop maker Adobe Inc ADBE.O forecast second-quarter revenue in line with Wall Street expectations on Wednesday, as it grapples with slower monetization of its AI offerings while facing tough competition from startups** Shares of ADBE down ~4.7% at $418.03 in premarket tradingAI...
Thu, Mar 13
Stocks skid, gold gains as tariffs wipe out inflation relief
Stocks fell in Asia, reversing initial gains, while gold climbed to within $10 of its record peak and the safe-haven yen ticked up.
Thu, Mar 13
European truck shares fall on U.S. electric vehicle rules reversal
March 13 (Reuters) - Shares in European truck makers fell on Thursday, with traders and analysts pointing to the U.S. Environmental Protection Agency's (EPA) decision to start efforts to reverse the Biden administration's vehicle emissions rules.
Thu, Mar 13
IEA sees global oil market surplus for 2025 as demand disappoints
LONDON, March 13 (Reuters) - Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said in a monthly oil market report on Thursday, after a downward revision to its 2025 demand growth forecast.
Thu, Mar 13
Dollar dithers, yen gains on BOJ rate hike bets
SINGAPORE, March 13 (Reuters) - The dollar struggled for traction on Thursday as investors worried about the impact of an escalating global trade war on U.S. inflation and growth, while the yen ticked higher on favourable domestic conditions for more policy tightening.
Thu, Mar 13
[Reuters Analysis] Commodities tune out of Trump's noise to trade fundamentals: Russell
LAUNCESTON, Australia, March 13 (Reuters) - Dial out the noise and focus on the fundamentals is a tactic that may work best for global commodity markets as they navigate the mounting challenges posed by U.S. President Donald Trump's erratic and inconsistent trade policies.
Thu, Mar 13
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China, Hong Kong shares weighed down by tech stocks
HONG KONG, March 13 (Reuters) - China and Hong Kong shares fell on Thursday, pressured by tech and AI-related firms, although gains in banking and energy stocks helped cushion the broader decline.
Thu, Mar 13
Japanese investors pull out of foreign bonds after European debt selloff
March 13 (Reuters) - Japanese investors sold the highest quantum of foreign bonds in over a month in the week through March 8, turning cautious due to a selloff in Eurozone debt markets triggered by Germany's plans for robust fiscal spending.
Thu, Mar 13
Japan's Nikkei tracks US peers higher, climbs nearly 1%
TOKYO, March 13 (Reuters) - Japan's Nikkei share average rose nearly 1% on Thursday, as gains of U.S. technology stocks lifted sentiment, prompting investors to scoop up heavyweight chip-related shares.The Nikkei .N225 was up 0.96% at 37,173.82 by the midday break, while the broader Topix .TOPX...
Thu, Mar 13
