JP Morgan maintains 2025 forecast for oil prices in low-to-mid $60s
(Reuters) – JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay…
US weekly jobless claims steady at higher levels
WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits was unchanged at higher levels last week as…
JPMorgan lifts yuan forecast on easing tariff risks, de-dollarisation trend
LONDON (Reuters) -JPMorgan lifted its end-of-year forecast for China’s onshore yuan spot price on Wednesday, citing moderating risks around the…
Polestar restarts market expansion with France
By Gilles Guillaume PARIS (Reuters) -Swedish premium carmaker Polestar will start delivering its electric vehicles in France this year with…
Meta and TikTok challenge tech fees in second highest EU court
By Foo Yun Chee LUXEMBOURG (Reuters) -Meta Platforms and TikTok said a European Union supervisory fee levied on them was…
China calls for building up consensus with US after ‘candid’ trade talks
BEIJING (Reuters) -China’s Vice Premier He Lifeng said China and the United States should strengthen consensus and maintain communication, state…
US importers turn to brokers to navigate Trump-era tariffs, at a cost
By Arriana McLymore and Nicholas P. Brown NEW YORK (Reuters) -U.S. importers are increasingly relying on customs brokers to keep…
Nvidia, Perplexity partner with European firms to boost local AI models
By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia and artificial intelligence search firm Perplexity on Wednesday said they are partnering with…
Investors pull out of US stocks and into Europe and emerging markets
By Patturaja Murugaboopathy (Reuters) -Global investors have moved money from U.S. equities and into European and emerging markets assets, as…
Traders add to bets on September start to Fed rate cuts
(Reuters) -Cooler-than-expected inflation last month deepened conviction in financial markets Wednesday that the Federal Reserve will start cutting interest-rate cuts…