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Macroeconomics
Jan 21, 2025
Porsche confirms 2024 earnings outlook in investor call, analyst's note says
(Reuters) - Porsche confirmed its earnings outlook for 2024 of a 14-15% profit margin in a call with investors on Tuesday and said it expected 2025 to remain challenging,...
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Jan 21, 2025
Can LA wildfires prompt new focus on community mitigation efforts?
By Carey L Biron WASHINGTON( Thomson Reuters (NYSE:TRI) Foundation) -The devastation of the Los Angeles wildfires has resonated far beyond Southern California, as local officials...
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Jan 21, 2025
Economists ramp up projections for Brazil's interest rates to above 15%
By Marcela Ayres BRASILIA (Reuters) - Economists have launched a fresh wave of upward revisions to projections for Brazil's interest rate this year, citing deteriorating inflation...
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Jan 21, 2025
Bessent nomination to US Treasury clears Senate Finance Committee
(Reuters) - The U.S. Senate Finance Committee on Tuesday voted to send the nomination of billionaire hedge fund manager Scott Bessent as President Donald Trump's Treasury...
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Jan 21, 2025
China's Vice Premier lunches with Dimon, Schwarzman and other Davos financiers
By Julie Zhu and Elisa Martinuzzi DAVOS, Switzerland (Reuters) - Chinese Vice Premier Ding Xuexiang met with global finance and business leaders including Blackstone (NYSE:BX) CEO...
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Jan 21, 2025
Germany's Scholz responds to Musk, saying freedom of speech must not back extreme-right
DAVOS, Switzerland (Reuters) - German Chancellor Olaf Scholz said on Tuesday he does not support freedom of speech when it is used for extreme-right views, a day after a hand...
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Jan 21, 2025
Wall St edges higher with focus on President Trump's trade policy
By Johann M Cherian and Sukriti Gupta (Reuters) - Wall Street's main indexes edged up on Tuesday, as investors assessed President Donald Trump's executive orders after taking...
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Jan 21, 2025
After two years of smooth sailing, Fed ready to navigate rocky bond market, Trump uncertainty
By Howard Schneider WASHINGTON (Reuters) - After two years of progress on inflation and surprisingly persistent economic growth, the Federal Reserve next week meets with one eye...
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Jan 21, 2025
Hedge funds ante-up big bets to kick off Trump's second term
By Nell Mackenzie LONDON (Reuters) - Hedge funds positioned for Donald Trump's U.S. presidency with their highest levels of borrowing since 2010, while betting the dollar would...
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Jan 21, 2025
Trump White House promises "massive" infrastructure announcement
By Nandita Bose and Doina Chiacu WASHINGTON (Reuters) -U.S. President Donald Trump will make a "massive" infrastructure announcement on Tuesday, White House Press Secretary...
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