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6 days ago | 
gurutrade.com | Dhara Ranasinghe |Mark Potter
BoE cuts rates; Norway and Sweden hold rates steady
US Fed caught between high inflation and weakening growth
Trade uncertainty creates challenging central bank outlook
LONDON, May 8 (Reuters) - Big central banks are diverging as White House tariffs threaten to raise U.S. inflation and a dash out of the dollar sparks disinflationary currency strength elsewhere.
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1 week ago | 
today.westlaw.com | Naomi Rovnick |Mark Potter
LONDON (Reuters) -Big central banks are diverging as White House tariffs threaten to raise U.S. inflation and a dash out of the dollar sparks disinflationary currency strength elsewhere. The U.S. Federal Reserve is holding rates steady for now, while...
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1 week ago | 
gurutrade.com | Robbie Corey-Boulet |Mark Potter
ABIDJAN, May 7 (Reuters) - Ivory Coast, the world's biggest cashew grower, has raised its projected output to 1.3 million metric tons from 1.15 million tons even as potential U.S. tariffs and a falling dollar drag down exports, the head of the sector regulator told Reuters.
The production increase stems in part from curbs on the smuggling of raw cashews to neighbouring Ghana and Burkina Faso, Mamadou Berte of the Cotton and Cashew Council (CCA) said.
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1 week ago | 
gurutrade.com | Inti Landauro |Mark Potter
May 5 (Reuters) - Tesla's new car sales in Spain fell 36% in April from the same month in 2024 to 571 vehicles, registration data released by industry group ANFAC showed on Monday, while sales of electric cars from other brands soared.
Over the first four months of 2025, sales of Teslas in Spain fell 17% over the same period a year earlier, while sales of electrified vehicles, a category that includes both fully electric vehicles and hybrids, were up 54%.
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1 week ago | 
gurutrade.com | Wayne Cole |Sonali Paul |Mark Potter
Dollar slips as Taiwan dollar jumps to 2-year high
Talk Asian currencies may rise to win US trade concessions
Fed seen on hold this week, less chance of June cut
Soft Swiss inflation supports bets on a return to sub zero rates
SYDNEY/LONDON, May 5 (Reuters) - The dollar slipped anew on Monday as a meteoric surge in its Taiwanese counterpart stoked speculation some Asian countries were prepared to engineer revaluations of their currencies to win U.S. trade concessions.
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1 week ago | 
gurutrade.com | Mark Potter |Barbara Lewis
Q1 adjusted earnings $5.58 billion above forecast $4.96 billion
Will buy back shares worth $3.5 billion in next three months
Contrasts with BP that cut buybacks this year
CFO says LNG traders did "a superb job"
LONDON, May 2 (Reuters) - Shell exceeded analyst expectations on Friday, reporting a 28% drop in first-quarter net profit to $5.58 billion, while holding steady the pace of its share buyback programme despite falling oil prices and lower refining margins.
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2 weeks ago | 
today.westlaw.com | Christoph Steitz |Miranda Murray |Ludwig Burger |Mark Potter
FRANKFURT (Reuters) -One of the world's top offshore wind developers, Germany's RWE, has stopped work on its U.S. projects for now in light of recent moves against the industry by the Trump administration, its CEO said in a text published ahead of...
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1 month ago | 
gurutrade.com | Ethan Wang |Yukun Zhang |Mark Potter
BEIJING, March 28 (Reuters) - UBS has received regulatory approval to fully own Beijing-headquartered UBS Securities, the Swiss bank said on Friday, completing a key step in its consolidation of business operations in China after its merger with Credit Suisse.
With approval from the China Securities Regulatory Commission, UBS will acquire an additional 33% stake in the brokerage from Beijing State-owned Assets Management and raise its stake to 100%, a UBS press release showed.
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1 month ago | 
gurutrade.com | Aidan Lewis |Mark Potter
March 28 (Reuters) - French consumer prices rose less than anticipated in March, as accelerating prices for services were offset by declining energy prices, preliminary data from statistics agency INSEE showed on Friday.
France's harmonized inflation rate, adjusted for comparison with other euro zone countries, increased 0.9% year-on-year in March, unchanged from February, but below the average rise of 1.1% expected by economists surveyed by Reuters.
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1 month ago | 
gurutrade.com | Kevin Yao |Christian Schmollinger |Mark Potter
BOAO, China, March 27 (Reuters) - China's overall level of debt has topped 300% of GDP and is likely to climb further, but the central bank will continue to ease policy when needed, Xuan Changneng, deputy governor of the People's Bank of China, said on Thursday.
"China's stance on implementing an appropriately loose monetary policy is clear, and there is ample room for monetary policy manoeuvres," Xuan said at the annual Boao Forum.
