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WRAPUP 2-Frigid temperatures chill US single-family homebuilding; tariffs a potential drag
Adds details from report, analyst comments throughoutSingle-family housing starts decrease 8.4% in JanuaryPermits for future single-family homebuilding unchangedOverall housing starts dive 9.8%; building permits up 0.1%By Lucia Mutikani WASHINGTON, Feb 19 (Reuters) - U.S. single-family homebuildi...Reuters
Wed, Feb 19
Canada's annual inflation in January edges up to 1.9%, core measures also up
Replaces word in paragraph 16 to 'January' from 'December'Prices fall due to sales tax holidayPrices for gasoline, natural gas, passenger vehicles riseConsumer price index was up 0.1% on a monthly basisMarket bets for a hold in interest rates move upBy Promit Mukherjee OTTAWA, Feb...Reuters
Wed, Feb 19
Irish foreign investment chief hopes fall-out from Trump pharma tariffs limited
DUBLIN, Feb 19 (Reuters) - Ireland's foreign direct investment agency is hopeful that the impact of threatened U.S. tariffs on the country's large pharmaceutical sector will be limited by a U.S. desire to protect consumers and by EU solidarity, its CEO said.A cluster of U.S.-owned foreign mu...Reuters
Wed, Feb 19
Chipotle Mexican Grill to hire 20,000 additional workers for 'burrito season'
Feb 19 (Reuters) - Chipotle Mexican Grill CMG.N will hire 20,000 additional employees for the period of March to May as the company gears up to cater to a surge in demand for its so-called "burrito season" during spring. Demand for Chipotle's premium burritos and bowls has been stable...Reuters
Wed, Feb 19
US single-family housing starts tumble in January
WASHINGTON, Feb 19(Reuters) - U.S. single-family homebuilding fell sharply in January amid disruptions from snowstorms and freezing temperatures, with a rebound likely to be limited by higher costs from tariffs on imports and elevated mortgage rates. Single-family housing starts, which account for t...Reuters
Wed, Feb 19
BREAKINGVIEWS-Trump reciprocal tariffs are key test of EU unity
The author is a Reuters Breakingviews columnist. The opinions expressed are her own.By Yawen ChenLONDON, Feb 19 (Reuters Breakingviews) - Donald Trump’s tariffs are a headache for all his trade partners. But the U.S. president’s plan to impose ad hoc “reciprocal” levies on imports are a particular ...Reuters
Wed, Feb 19
Top ECB policymakers outline opposing policy arguments
Schnabel says rate cut pause coming closerSchnabel says inflation risks skewed to upsidePanetta says ECB still restrictive and inflation risks were to downsideAdds Panetta, debate between opposing camps FRANKFURT, Feb 19 (Reuters) - The European Central Bank's top policymakers outlined the co...Reuters
Wed, Feb 19
RPT-BREAKINGVIEWS-India’s banks will struggle to keep equities crown
The author is a Reuters Breakingviews columnist. The opinions expressed are her own.By Shritama Bose MUMBAI, Feb 19 (Reuters Breakingviews) - India’s dealmakers are celebrating their arrival on the global map. Last year, Kotak Mahindra Bank KTKM.NS not only topped LSEG's league table for init...Reuters
Wed, Feb 19
ECB needs to start discussion over when to halt rate cuts, Schnabel says
FRANKFURT, Feb 19 (Reuters) - The European Central Bank is getting closer to a point where rate cuts need to be stopped and policymakers should start debating this issue, ECB board member Isabel Schnabel told the Financial Times. "We are getting closer to the point where we may have to pause or ...Reuters
Wed, Feb 19
Fed concerns rise as tariff threats ratchet higher and wider
In theory tariffs would be a "one-time" price shockOfficials worry about the influence on expectationsRecent inflation could prime businesses to hike prices againBy Howard Schneider WASHINGTON, Feb 19 (Reuters) - U.S. Federal Reserve officials remain uncertain about the impact tariffs mig...Reuters
Wed, Feb 19
