Today: May 09, 2024
Today: May 09, 2024

Economy

Ukraine's Zelenskiy: We must speed up deliveries of weaponry for frontline soldiers

President Volodymyr Zelenskiy said on Tuesday that Ukraine needed "a significant acceleration" in deliveries of weaponry from its partners to enable its troops to face advancing Russian

Ukraine's Zelenskiy: We must speed up deliveries of weaponry for frontline soldiers

Exclusive-BHP-Anglo American deal raises alarm in Japan's steel industry

Japanese steelmakers have raised concerns with Australian authorities that BHP Group could become too dominant in the global supply of

Exclusive-BHP-Anglo American deal raises alarm in Japan's steel industry

Ukraine's parliament dismisses agriculture minister suspected of corruption, lawmaker says

Ukraine's parliament has dismissed Agriculture Minister Mykola Solsky who tendered his resignation in late April as he faces an investigation into alleged involvement in illegal

Ukraine's parliament dismisses agriculture minister suspected of corruption, lawmaker says

China's BYD will consider second Europe plant in 2025, executive says

LONDON (Reuters) -Chinese automaker BYD will consider building a second assembly plant in Europe in 2025, its European managing director Michael Shu said on Thursday.

China's BYD will consider second Europe plant in 2025, executive says

US Secretary of State to travel to Jordan and Israel — State Dept

U.S.

US Secretary of State to travel to Jordan and Israel — State Dept

US weekly jobless claims rise to highest level since August of 2023

The number of Americans applying for unemployment benefits jumped to its highest level in more than eight months last week in another sign that the labor market may be softening

US weekly jobless claims rise to highest level since August of 2023

Analysis-Economy scars voters in run-up to EU election

The northern French port of Dunkirk, riding an industrial mini-boom thanks to a state-backed investment push, is a showcase for

Analysis-Economy scars voters in run-up to EU election

Stranded ships exit Baltimore port via temporary channel

Four cargo ships, stuck for about a month at the Port of Baltimore by the ruins of the collapsed Francis Scott Key bridge, have exited this week via a

Stranded ships exit Baltimore port via temporary channel

Too many tractors: As boom times fade, farm equipment piles up

Falling crop prices are leaving agriculture equipment sellers with an excess of unsold tractors and combines.

Too many tractors: As boom times fade, farm equipment piles up

Italy seeks to ease fears over curbs on costly home incentives

Italy has no plans to backdate upcoming curbs on costly fiscal incentives for home renovations to before 2024, a junior Treasury minister said on Thursday, in an

Italy seeks to ease fears over curbs on costly home incentives

Coach parent Tapestry lowers annual sales forecast on weak demand

(Reuters) -Coach handbag maker Tapestry cut its annual sales forecast and missed third-quarter revenue estimates on Thursday, signaling that demand for its handbags and accessories would remain weak

Coach parent Tapestry lowers annual sales forecast on weak demand

Brembo Q1 operating profit rises on record sales

Italian premium brake maker Brembo posted on Thursday an 8.5% yearly increase in first-quarter operating profit as revenues grew to a record 1 billion euros in the quarter.

Brembo Q1 operating profit rises on record sales

Analysis-Bear market for diesel spells fresh troubles for oil

Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern

Analysis-Bear market for diesel spells fresh troubles for oil

Morning bid: China trade heats up, UK rates in view

A look at the day ahead in U.S. and global markets from Mike Dolan As Wall Street stalls its recent rally, world markets switched attention to China's on-off recovery and whether the Bank of England's

Morning bid: China trade heats up, UK rates in view

Robinhood jumps as retail trading rebound powers record quarter

Robinhood Markets jumped in premarket trading on Thursday after reporting record first-quarter revenue and profit thanks to mom-and-pop investors returning to its commission-free platform

Robinhood jumps as retail trading rebound powers record quarter

S.Korea president calls for tax incentives for corporate reform

South Korean President Yoon Suk Yeol called for tax incentives to encourage corporate participation in the government's reform programme as well as detailed measures to improve

S.Korea president calls for tax incentives for corporate reform

Brazil's Eletrobras net income down 19% in Q1

Brazilian power giant Eletrobras reported late on Wednesday a first-quarter net profit of 331 million reais ($65 million), down 19% from a year earlier as it resumed investments

Brazil's Eletrobras net income down 19% in Q1

Japan's Nippon Steel sticks to plan to close U.S. Steel deal by year-end

By Yuka Obayashi and Katya Golubkova TOKYO (Reuters) -Japan's top steelmaker, Nippon Steel, is sticking to its plan to close a deal by year-end to buy U.S.

Japan's Nippon Steel sticks to plan to close U.S. Steel deal by year-end

Futures dip as bond yields extend gains ahead of jobless claims data

(Fixes typo in headline) By Sruthi Shankar and Shristi Achar A (Reuters) -U.S. stock index futures slipped on Thursday as Treasury yields extended gains ahead of jobless claims data that is expected

Futures dip as bond yields extend gains ahead of jobless claims data

Egypt's foreign debt rises $3.5 billion in last quarter of 2023

Egypt's foreign debt climbed by $3.5 billion in the three months to the end of December, according to central bank data released on Thursday.

Egypt's foreign debt rises $3.5 billion in last quarter of 2023

Bank of England policymakers speak after rates held at 5.25%

The Bank of England took another step towards lowering interest rates on Thursday, as a second official backed a cut and Governor Andrew Bailey said he was "optimistic that things

Bank of England policymakers speak after rates held at 5.25%

Instant view: BoE edges towards a first rate cut, sterling falls

The Bank of England on Thursday took another step towards lowering interest rates, as a second official backed a cut and Governor Andrew Bailey said he was "optimistic that things

Instant view: BoE edges towards a first rate cut, sterling falls

Bank of England moves closer to first rate cut since 2020

By William Schomberg, David Milliken and Suban Abdulla LONDON (Reuters) -The Bank of England took another step towards lowering interest rates, as a second official backed a cut and Governor Andrew

Bank of England moves closer to first rate cut since 2020

Trulieve Cannabis' quarterly loss narrows on demand boost

Pot firm Trulieve Cannabis posted a narrower first-quarter loss on Thursday, driven by higher sales and robust demand.

Trulieve Cannabis' quarterly loss narrows on demand boost

Airbnb slumps as gloomy forecast fans slowdown fears

Airbnb shares tumbled more than 8% premarket on Thursday after weak forecasts for the second quarter stoked investor fears about slowing growth at the vacation rental firm and took the

Airbnb slumps as gloomy forecast fans slowdown fears
LA Post

Follow