News
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Forex
CANADA FX DEBT-Canadian dollar clings to monthly gain as GDP beats estimates
Loonie touches weakest since February 4Gains 0.6% in FebruaryCanadian GDP increases 2.6% in Q4Bond yields ease, tracking U.S. TreasuriesBy Fergal Smith TORONTO, Feb 28 (Reuters) - The Canadian dollar was little changed against its U.S. counterpart on Friday as investors assessed domestic data tha...Reuters
Fri, Feb 28
Other
BRIEF-Intel Adjusts Timeline For Chip Factory in Ohio
Feb 28 (Reuters) - Intel Corp INTC.O:INTEL: PLAN TO COMPLETE CONSTRUCTION OF OHIO ONE MOD 1 IN 2030 AND BEGIN OPERATIONS BETWEEN 2030 AND 2031INTEL: FOR MOD 2, EXPECT TO COMPLETE CONSTRUCTION IN 2031 AND BEGIN OPERATIONS IN 2032 IN OHIOReuters
Fri, Feb 28
Other
BRIEF-FDA Says ROi CPS, LLC Removes Certain Newborn Kits Due To A Recalled Component
Feb 28 (Reuters) - FDA:FDA: ROI CPS, LLC REMOVES CERTAIN NEWBORN KITS DUE TO A RECALLED COMPONENT, THE NEO-TEE T-PIECE RESUSCITATOR WITH AN UNDERSIZED CONTROLLER SPRINGFDA: THERE HAVE BEEN NO REPORTED INJURIES OR DEATHS ASSOCIATED WITH ISSUE IN NEWBORN KITS RECALLED BY ROI CPSReuters
Fri, Feb 28
Other
Trump says Zelenskiy not ready for peace, disrespected the US
WASHINGTON, Feb 28 (Reuters) - Ukrainian President Volodymyr Zelenskiy is "not ready for Peace if America is involved," U.S. President Donald Trump said in a post on Truth Social on Friday, following a contentious meeting between the leaders in the Oval Office."I have determined that Pre...Reuters
Fri, Feb 28
Other
BRIEF-Keysight And Ericsson Collaborate To Establish A Pre-6G Test Setup Using Centimeter Wave Spectrum
Feb 28 (Reuters) - Keysight Technologies Inc KEYS.N:KEYSIGHT AND ERICSSON COLLABORATE TO ESTABLISH A PRE-6G TEST SETUP USING CENTIMETER WAVE SPECTRUMSource text: ID:nBw2lYykdaFurther company coverage: KEYS.NReuters
Fri, Feb 28
Economic Indicator
WRAPUP 2-US consumer spending posts first drop in almost two years
Recasts throughout with details from reports, analyst comments, adds graphicsConsumer spending drops 0.2% in JanuaryPCE price index increases 0.3%; up 2.5% year-on-yearCore PCE inflation rises 0.3%; gains 2.6% year-on-yearGoods trade deficit jumps 25.6% to record $153.3 billionBy Lucia Mutikani ...Reuters
Fri, Feb 28
Other
Kennedy proposes ending public comment on HHS decisions
Feb 28 (Reuters) - Health secretary Robert F. Kennedy Jr. is proposing to end public comment on decisions made by the U.S. Department of Health and Human Services, a document from the health agency showed on Friday.The document, which is formally set to be published on March 3, showed the HHS is ...Reuters
Fri, Feb 28
Economic Indicator
Med crude-Urals diffs steady, resumption of Kurdish exports in question
MOSCOW, Feb 28 (Reuters) - Urals crude differentials were steady again on Friday, while Iraq and foreign oil firms made conflicting statements on Kurdish oil exports resumption.Eight international oil firms operating in Iraq's semi-autonomous Kurdistan region said they would not resume oil expor...Reuters
Fri, Feb 28
Commodities
Democratic appropriators say Republicans have left US government funding talks, raising risk of shutdown
Adds context on Republican plan for government funding billBy Gabriella BorterWASHINGTON, Feb 28 (Reuters) - Two Democrats in Congress said on Friday that Republicans have raised the risk of a government shutdown by insisting on including cuts made by President Donald Trump's administration in l...Reuters
Fri, Feb 28
Indices
Dow Jones Industrial Average rises then falls as headline turmoil resumes
The Dow Jones Industrial Average (DJIA) recovered some lost ground on Friday, rebounding about 200 points to remain in contention with the 43,500 level before giving up and falling back to the day’s opening bids.Fxstreet
Fri, Feb 28
Stocks
LIVE MARKETS-More volatility before the clouds part
Main US indexes turn slightly red; Nasdaq now off ~0.3% Tech weakest S&P 500 sector; Financials lead gainersDollar ~flat; bitcoin dips; crude, gold both off ~1%US 10-Year Treasury yield falls to ~4.23% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You...Reuters
Fri, Feb 28
Other
BRIEF-Desert Mountain Energy Announces Closing Of C$514,000 First Tranche Of Private Placement
Feb 28 (Reuters) - Desert Mountain Energy Corp DME.V:DESERT MOUNTAIN ENERGY ANNOUNCES CLOSING OF C$514,000 FIRST TRANCHE OF PRIVATE PLACEMENTSource text: ID:nCNWlBhTlaFurther company coverage: DME.VReuters
Fri, Feb 28
Other
BRIEF-Euromax Enters Into Agreements To Extend Maturity Dates Of Previously Issued Convertible Debentures
Feb 28 (Reuters) - Euromax Resources Ltd EOX.V:EUROMAX ENTERS INTO AGREEMENTS TO EXTEND MATURITY DATES OF PREVIOUSLY ISSUED CONVERTIBLE DEBENTURESSource text: ID:nCNWcBWcNaFurther company coverage: EOX.VReuters
Fri, Feb 28
Other
BRIEF-Department Of HHS' Immediate Office Of Secretary Is Rescinding Policy On Public Participation In Rule Making
Feb 28 (Reuters) - HHS:HHS: DEPARTMENT OF HHS' IMMEDIATE OFFICE OF SECRETARY IS RESCINDING POLICY ON PUBLIC PARTICIPATION IN RULE MAKING - WEBSITEHHS: RE-ALIGNING THE DEPARTMENT’S RULE-MAKING PROCEDURES WITH THE ADMINISTRATIVE PROCEDURE ACTReuters
Fri, Feb 28
Commodities
US drillers add oil and gas rigs for fifth week in a row, Baker Hughes says
By Scott DiSavinoFeb 28 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future ou...Reuters
Fri, Feb 28
