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Wisconsin court race tests Trump's approval as Musk pours millions into campaign
By Eric Cox and Joseph Ax BELLEVUE, Wisconsin, March 26 (Reuters) - A race for an open seat on Wisconsin's top court will be an early test of the Trump administration's popularity in a political swing state, with more than $17 million spent by groups tied to Elon Musk helping shatter elec...Reuters
Mar 26, 2025
Economic Indicator
Brazil holds off big tech tax amid Trump tariff talks, say sources
By Marcela Ayres and Bernardo Caram BRASILIA, March 26 (Reuters) - The Brazilian government has shelved a proposal to tax big tech firms, due in part to concerns that the move could be seen as a response to U.S. President Donald Trump's tariff threats, two officials with knowledge of the matt...Reuters
Mar 26, 2025
Other
ANALYSIS-Wall Street job cuts loom as market turmoil stalls deals
Investment banking fees slid 6% in Q1; also sharply down vs Q4Large banks have begun job cuts, analysts fear moreBoutique investment bank stocks hammered as deals dry upBy Saeed Azhar NEW YORK, March 26 (Reuters) - U.S. investment banks are poised to cut more jobs if economic uncertainty continue...Reuters
Mar 26, 2025
Stocks
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025May 6-7 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)June 17-18 (second day: statement released 1400 EDT/1800 ...Reuters
Mar 26, 2025
Other
RPT-ANALYSIS-Trump tariffs on Venezuela crude buyers are a potent new tool of US pressure
Tariffs pile pain across economy of sanctions violatorsAnalysts say approach must withstand litigation to be effectiveTariffs may make sanctions enforcement easier, some not so sureBy Timothy Gardner and Marianna Parraga WASHINGTON/HOUSTON, March 25 (Reuters) - A U.S. plan to slap tariffs on coun...Reuters
Mar 26, 2025
Other
US Supreme Court to scrutinize Federal Communications Commission fund's legality
Lower court found FCC's funding mechanism unlawfulCase involves non-delegation doctrine legal principleSupreme Court ruling expected by the end of JuneBy John Kruzel, Andrew Chung WASHINGTON, March 26 (Reuters) - The U.S. Supreme Court is set on Wednesday to hear the Federal Communications Co...Reuters
Mar 26, 2025
Commodities
Fossil fuel, agriculture officials to rail against Trump port fee plan
US industries oppose $3 million fees on China-linked shipsUS shipping fees on China vessels face industry backlashChina-linked ship fees spark US industry concernsBy Valerie Volcovici and Lisa Baertlein WASHINGTON, March 26 (Reuters) - Fossil fuel and agriculture industry representatives are expe...Reuters
Mar 26, 2025
Other
U.S. homeland secretary to visit El Salvador prison holding deported Venezuelans
Noem to meet El Salvador's President BukeleACLU challenges deportations under Alien Enemies ActRelatives of some believed to be deported deny gang labelBy Ted Hesson and Luc Cohen WASHINGTON, March 26 (Reuters) - U.S. Homeland Security Secretary Kristi Noem on Wednesday is expected to visit a...Reuters
Mar 26, 2025
Commodities
EXPLAINER-Russia gets US to agree to help lift curbs on food, fertiliser and shipping
By Guy Faulconbridge MOSCOW, March 26 (Reuters) - Russia said on Tuesday the United States had agreed to help it lift a series of Western sanctions and restrictions on food, fertiliser and shipping companies as preconditions for a maritime security deal in the Black Sea.Diplomats told Reuters tha...Reuters
Mar 26, 2025
Other
Tabreed exploring bid for Multiply's district cooling business, sources say
By Andres Gonzalez and Hadeel Al Sayegh LONDON/DUBAI, March 25 (Reuters) - Engie ENGIE.PA-backed National Central Cooling Co TABR.DU, also known as Tabreed, is exploring a bid for Multiply Group's district cooling business that could be worth at least $1 billion, two sources with knowledge of...Reuters
Mar 26, 2025
Forex
UK pound and gilt yields fall on inflation data before spring statement
LONDON, March 26 (Reuters) - British government bond yields and the pound fell on Wednesday after data showed UK inflation slowed more than expected in February, offering some respite for finance minister Rachel Reeves ahead of a high-stakes fiscal statement later in the day.Data showed inflation co...Reuters
Mar 26, 2025
Other
Deals of the day-Mergers and acquisitions
March 26 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** Siemens Energy ENR1n.DE will sell 90% of its wind turbine business in India and Sri Lanka to an investor group led by the climate investment arm of buyout group TPG TPG.O, it s...Reuters
Mar 26, 2025
Other
China's Leapmotor aims for Europe smart-driving rollout in 2026
Leapmotor to launch smart driving R&D team in EuropePlans upgrade to equip B10 with L3-equal features in China by end-2025 To apply for Chinese regulatory approval for the OTA upgrade BEIJING, March 26 (Reuters) - Stellantis' STLAM.MI Chinese partner Leapmotor 9863.HK plans to roll out ve...Reuters
Mar 26, 2025
Other
Kremlin condemns detention of Moldova's pro-Russian Gagauz leader
March 26 (Reuters) - The Kremlin on Wednesday condemned the arrest of the leader of Moldova's pro-Russian Gagauz ethnic minority.Police in ex-Soviet Moldova detained Eugenia Gutul at Chisinau's international airport late on Tuesday, following the unexplained disappearance of two other wanted...Reuters
Mar 26, 2025
Other
HEISCO Signs 14 Mln Dinars Credit Facilities Agreement With A Local Bank
March 26 (Reuters) - Heavy Engineering Industries and Shipbuilding Company KSCP SHIP.KW:HEISCO - SIGNS CREDIT FACILITIES AGREEMENT WITH A LOCAL BANKHEISCO - CREDIT FACILITIES LIMIT 14 MILLION DINARSSource text: [ID:]Reuters
Mar 26, 2025
Other
German cross-border trade lobby warns against boycotting U.S. products
BERLIN, March 26 (Reuters) - A German international trade lobby on Wednesday warned against calls to boycott U.S. products amid tensions between European governments and President Donald Trump's administration, saying they could stoke a cycle of reprisals.Germany's BGA, representing Germany&...Reuters
Mar 26, 2025
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