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After years of survival, China's Huawei returns to revenue peak
SHENZHEN, China, March 28 (Reuters) - China's Huawei is expected to claim triumph over U.S. sanctions at its upcoming annual results, bolstered by its software push, progress in chips and booming smart-driving technology business that has helped it move out of "survival mode".
Fri, Mar 28
Oil holds near one-month high, set for third week of gains amid supply woes
SINGAPORE, March 28 (Reuters) - Oil prices held near one-month highs on Friday and were poised for a third weekly gain on a tightening global supply outlook after the U.S. imposed tariffs against countries buying oil and gas from Venezuela and placed restrictions on Iranian oil trade.
Fri, Mar 28
Nippon, U.S. Steel offer increased investment to Trump officials to close deal, Semafor reports
March 27 (Reuters) - Nippon Steel 5401.T and U.S. Steel X.N are in active talks about a deal that would preserve their $14 billion merger and secure billions more in investments from the Japanese steelmaker into Rust Belt facilities, Semafor reported on Thursday.In recent meetings with White House o...
Fri, Mar 28
London copper edges lower as US tariff unease weighs
NEW DELHI, March 28 (Reuters) - Copper prices in London edged down on Friday and headed for weekly losses, as unease over looming U.S. tariffs weighed on sentiment.
The benchmark three-month copper CMCU3 on the London Metals Exchange (LME) eased 0.05% to $9,842 metric ton, as of 0231 GMT. For the...
Fri, Mar 28
Australia, New Zealand dollars slip ahead of US inflation test
SYDNEY, March 28 (Reuters) - The Australian and New Zealand dollars slipped on Friday, with their near-term fortunes depending on a U.S. inflation reading that could show price pressures there remain elevated amid a global trade war.
Fri, Mar 28
Dollar hovers ahead of PCE and tariff onslaught
SINGAPORE, March 28 (Reuters) - The dollar was headed for a steady week on Friday and a quarterly loss next week as concern about tariffs slowing U.S. growth has pushed down U.S. yields, stocks and the currency.
Fri, Mar 28
Fed's Collins says it is clear tariffs will drive inflation up near term
March 27 (Reuters) - Federal Reserve Bank of Boston President Susan Collins said on Thursday that Trump administration tariffs will drive up U.S. inflation but it is unclear how persistent that upward pressure will be.
Fri, Mar 28
Lululemon says slow consumer spending, tariffs hurt annual forecast
March 27 (Reuters) - Lululemon Athletica LULU.O said on Thursday that economic uncertainty was dampening demand for its pricey athleisure apparel and U.S. tariffs on imports from China and Mexico had squeezed its forecast for the year.
Fri, Mar 28
[Reuters Analysis] Trump auto tariffs take aim at a pillar of Asian economies - and national pride
SEOUL/TOKYO, March 27 (Reuters) - For Japan and South Korea, tariffs announced by U.S. President Donald Trump represent a blow to domestic car industries that are both economic pillars and sources of national pride.
Fri, Mar 28
Musk says a great wrong is being done to Tesla staff, customers -Fox News
March 27 (Reuters) - Tesla Chief Executive Elon Musk said on Wednesday that a great wrong was being done to Tesla TSLA.O employees and customers when asked on Fox News' "Special Report with Bret Baier" about incidents at dealerships that include arson attacks.
Fri, Mar 28
Oil approaches one-month highs as investors assess supply, trade war risks
Markets mixed on impact of Trump auto tariffs Tariffs on Venezuelan oil buyers still supporting pricesPrices unlikely to return to early 2025 highs, some analysts sayBy Stephanie Kelly and Enes Tunagur NEW YORK, March 27 (Reuters) - Oil prices edged higher on Thursday as traders assessed a tight...
Thu, Mar 27
European shares at lowest in nearly two weeks as Trump's auto tariff dents sentiment
Auto sector down 1% after tariffs announcementProSiebenSat.1 falls after low-ball bid from MFESTOXX 600 down 0.5%, Germany's DAX down 0.7%By Medha Singh and Nikhil Sharma March 27 (Reuters) - European shares ended at their lowest in nearly two weeks on Thursday, dragged by auto stocks after U...
Thu, Mar 27
METALS-Copper slips on Trump auto tariffs, uncertainty
By Eric Onstad LONDON, March 27 (Reuters) - Copper prices eased on Thursday after U.S. President Donald Trump announced 25% tariffs on auto imports, which could dampen metals demand. Benchmark three-month copper CMCU3 on the London Metal Exchange was down 0.8% at $9,846 a metric ton at 1700 GMT, ...
Thu, Mar 27
PRECIOUS-Gold climbs back toward record high as Trump auto tariffs stoke trade fears
March 27 (Reuters) - Gold prices climbed back towards last week's record high on Thursday after U.S. President Donald Trump announced new tariffs on auto imports starting next week, escalating global trade tensions that have been driving safe-haven demand for gold.
Thu, Mar 27
INSIGHT-Coming to a store near you: double-digit coffee price hikes
LONDON/NEW YORK, March 27 (Reuters) - If your favourite coffee beans have vanished from the shelves, don't worry - they will return soon. The bad news is they will be up to 25% more expensive.
Thu, Mar 27
Brazil central bank lowers 2025 growth forecast, sees inflation above target
BRASILIA, March 27 (Reuters) - Brazil's central bank revised its economic growth forecast for this year to 1.9% from the 2.1% estimated in December, according to a quarterly monetary policy report released on Thursday.The report's inflation projections indicate consumer prices will remain ab...
Thu, Mar 27
Middle East Crude-Benchmarks ease from two-day gain
SINGAPORE, March 27 (Reuters) - Middle East crude benchmark spot premiums for Oman, Dubai and Murban eased on Thursday from a two-session gain following new U.S. tariffs that triggered fresh demand concerns.
Thu, Mar 27
ASIA COFFEE-Farmers hold off selling in Vietnam, tight supplies in Indonesia
HANOI, March 27 (Reuters) - Supply of robusta beans tightened in Vietnam and Indonesia, with Vietnamese farmers refraining from selling the bean on hopes of higher profit, and scarce supplies in Indonesia at the end of the harvest season, traders said on Thursday.
Thu, Mar 27
European bank shares fall after Trump's tariff plans, UBS down 4% on downgrade
LONDON, March 27 (Reuters) - European banking shares fell on Thursday after U.S. President Donald Trump announced plans to slap 25% import tariffs on all vehicles and foreign-made auto parts from next week.
Thu, Mar 27
US auto makers fall premarket as Trump slaps tariffs on imported vehicles
Shares of U.S. auto makers Tesla TSLA.O, Ford F.N and General Motors GM.N down 1.2%, 3.9% and 5.9%, respectively, in premarket trade after Trump's levies on automakers.U.S. President Donald Trump on Wednesday said he would impose 25% tariffs on all vehicles and foreign-made auto parts import...
Thu, Mar 27
