News
Important Only
Norsk Hydro closed four extrusion plants in 2024 to cope with soft EV demand
Recasts with details from CEO interview in paragraphs 1-2By Jesus Calero Feb 14 (Reuters) - Norsk Hydro NHY.OL has closed four extrusion plants in the United States, Britain, France and Lithuania to cut costs in the unit hit by weak electric vehicle sales, the Norwegian aluminium producer said a...Reuters
Fri, Feb 14
FACTBOX-Major brokerages reiterate slower pace of Fed rate cuts after CPI data
Updates throughout Feb 14 (Reuters) - Most brokerages reiterated their predictions for a slower pace of interest-rate cuts from the Federal Reserve in 2025, after data showed U.S. inflation rose more than expected in January and uncertainty fueled by President Donald Trump's tariff announ...Reuters
Fri, Feb 14
Euro area yields set for weekly rise after US data, Ukraine in focus
By Stefano Rebaudo Feb 14 (Reuters) - Euro zone government bond yields were little changed on Friday and set to end the week higher after U.S. economic data and Federal Reserve Chair Jerome Powell's remarks. Economists noted that Thursday’s U.S. producer price index painted a less alarming pi...Reuters
Fri, Feb 14
RPT-BREAKINGVIEWS-Buyout firms’ equity-debt double act is creaking
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Edward ChancellorLONDON, Feb 14 (Reuters Breakingviews) - The era of ultralow interest rates fostered a leveraged buyout boom and a desperate hunger for yield among investors. The private equity industry satisfied...Reuters
Fri, Feb 14
Canadian flag sales surge after Trump threats
By Wa Lone and Kyaw Soe Oo BARRIE, Ontario, Feb 14 - Canadian flagmaker Flags Unlimited's sales have doubled from a year earlier, the company's owners said, as tensions with the neighboring United States fuel a wave of patriotism.The increase in sales comes ahead of Canada's national ...Reuters
Fri, Feb 14
GRAPHIC-Emerging economies most vulnerable to USAID elimination
Ukraine has been largest single destination of USAIDJordan also received budgetary supportRemoval of funds could have economic implications, analysts sayBy Libby George and Rodrigo Campos LONDON, Feb 14 (Reuters) - War-torn countries, those with high levels of debt and U.S. allies such as Jordan ...Reuters
Fri, Feb 14
China January bank lending hits record high on policy stimulus
China Jan new loans 5.13 trln yuan vs f'cast 4.50 trln yuanBut year-on-year lending growth hits record low Jan M2 money supply +7.0% y/y, vs f'cast of +7.2%Central bank pledges to adjust policy stance to support growthAdds analyst comment, detailsBy Ethan Wang and Kevin Yao BEIJING, Feb 1...Reuters
Fri, Feb 14
Greek EU-harmonised inflation rises to 3.1% y/y in January
Feb 14 (Reuters) - Greece's annual EU-harmonised inflation accelerated to 3.1% in January from 2.9% in December, data showed on Friday.Month-on-month consumer inflation fell 0.7%The cost of food and non-alcoholic beverages fell 0.1% year-on-year in January, with prices of hotels, cafes and resta...Reuters
Fri, Feb 14
