Putin and Iran’s president deepen defence ties with 20-year pact
By Vladimir Soldatkin and Andrew Osborn MOSCOW (Reuters) -Russian President Vladimir Putin and his Iranian counterpart Masoud Pezeshkian deepened military…
Year: 2025
US mid-sized banks ride industry upswing on robust fee income
By Manya Saini and Niket Nishant (Reuters) – A raft of U.S. banks reported higher fourth-quarter profits on Friday, extending…
Procter & Gamble accused of ‘greenwashing’ in Charmin toilet paper, lawsuit says
By Jonathan Stempel (Reuters) – A new lawsuit accuses Procter & Gamble of deceiving Charmin purchasers with misleading environmental claims,…
Biden protects 84% of IRA clean energy grants from being clawed back
By Timothy Gardner WASHINGTON (Reuters) – U.S. President Joe Biden’s administration has protected about 84%, or $96.7 billion in clean…
J.P.Morgan forecasts spending on data centers could boost US GDP by 20 basis points in 2025-26
By Siddarth S (Reuters) – J.P.Morgan estimated spending on data centers could contribute between 10-20 basis points to U.S. economic…
Fed’s Goolsbee says he feels more comfortable that labor market is stabilizing, WSJ reports
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee said he feels more comfortable that the labor market is stabilizing,…
Polestar expects delayed profitability as EV demand weakens, competition intensifies
By Akash Sriram and Marie Mannes (Reuters) -Polestar’s new CEO said on Thursday it would take longer for the Swedish…
Morning Bid: Inflation relief and bumper bank earnings
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street’s best day of the…
US retail sales exit 2024 with momentum; labor market on solid ground
By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales increased in December as households bought motor vehicles and a range of…
Automation firm Symbotic soars on $200 million deal to buy Walmart’s robotics unit
(Reuters) – Symbotic’s shares jumped about 14% on Thursday after the automation firm said it would buy Walmart’s robotics business…