by | Jul 26, 2024 | Business News
(Reuters) – Futures contracts tied to the Federal Reserve’s policy rate on Friday edged up only slightly after data showed underlying inflation last month was a bit stronger than expected, reflecting continued confidence in the prospect of a series of interest rate... by | Jul 26, 2024 | Business News
(Reuters) – Global equity funds witnessed fresh investments in the week through July 24 despite a selloff in leading technology stocks as investors remained optimistic about a still-strong second-quarter earnings season, and potential Fed rate cuts. According to... by | Jul 26, 2024 | Business News
By Luciana Magalhaes and Marta Nogueira RIO DE JANEIRO (Reuters) – Brazil’s state-run oil company Petrobras is wrapping up due diligence for a bid on the Mataripe refinery it sold to Abu Dhabi sovereign fund Mubadala for $1.65 billion in 2021, three people familiar... by | Jul 26, 2024 | Business News
By Stefanie Eschenbacher, Shariq Khan and Trixie Yap MEXICO CITY/NEW YORK/SINGAPORE (Reuters) – Mexico is seeking to import more motor fuel for next year than it had previously planned, to compensate for delays in the startup of its new Olmeca refinery, half a dozen... by | Jul 26, 2024 | Business News
(Reuters) – It’s a big week for central banks, with policymakers in the United States, Japan and Britain all due to reconsider lending rates and markets on edge over more earnings from U.S. tech giants. In Venezuela, voters head to the polls to elect a president.... by | Jul 26, 2024 | Business News
BANGKOK (AP) — Shares were mostly higher in Asia on Friday, with major markets apart from Shanghai and Taiwan logging modest gains. U.S. futures and oil prices rose. That followed a split Thursday on Wall Street, where general stocks and other formerly downtrodden...