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EU open to tariff talks, but firm on own laws, says senior legislator
Chair of EU parliament's trade committee speaks on tariffsBernd Lange warns against undue US pressure on EU lawsEU firm on regulating taxation and digital platformsUS tariffs on light-duty trucks at 25%, Lange notesBy Philip Blenkinsop BRUSSELS, Feb 14 (Reuters) - The European Union can negot...Reuters
Fri, Feb 14
Indian industries see opportunity in Trump's trade goals
India, U.S. agree to resume talks to clinch trade deal this yearIndian industry well prepared for lower tariffs, says trade bodyIndia to buy more goods from U.S. to reduce trade imbalance By Manoj Kumar and Shivangi Acharya NEW DELHI, Feb 14 (Reuters) - Indian industry and trade experts see an o...Reuters
Fri, Feb 14
US import prices rise moderately in January
WASHINGTON, Feb 14 (Reuters) - U.S. import prices increased slightly less than expected in January as a surge in the cost of fuels was partially offset by decreases in the prices of motor vehicles and consumer goods, offering some hope in the fight against inflation.Import prices rose 0.3% last mont...Reuters
Fri, Feb 14
BoC stuck between a rock and a good place – TDS
The Bank of Canada is caught in a conundrum, trying to balance the impacts of trade uncertainty - and the threat of escalating tariffs - against a decent run of economic data, TDS' Head of Canadian and Global Rates Strategy Andrew Kelvin reports.Fxstreet
Fri, Feb 14
TREASURIES-US yields drop after bigger-than-expected fall in retail sales
NEW YORK, Feb 14 (Reuters) - U.S. Treasury yields fell on Friday after data showed retail sales in the world's largest economy tumbled in January, keeping the Federal Reserve on track to cut interest rates later this year.Retail sales dropped 0.9% last month after an upwardly revised 0.7% increa...Reuters
Fri, Feb 14
Russia keeps rates on hold as Trump-Putin contact boosts markets
Central bank maintains 21% rate amid market rally Inflation forecast for 2025 raised to 7.0-8.0%Stronger rouble will help to contain inflationAnalysts say rate hike still possible later in 2025Adds Nabiullina quotes in paragraphs 6, 8, 13, 14By Elena Fabrichnaya and Gleb Bryanski MOSCOW, Feb 14 (...Reuters
Fri, Feb 14
US retail sales fall sharply in January
WASHINGTON, Feb 14 (Reuters) - U.S. retail sales fell more than expected in January, likely as frigid temperatures kept consumers from automobile showrooms.Retail sales dropped 0.9% last month after an upwardly revised 0.7% increase in December, the Commerce Department's Census Bureau said on Fr...Reuters
Fri, Feb 14
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
