PARIS (Reuters) – French company TotalEnergies said it had agreed to buy 50% of Clearway Energy Group, the fifth-largest renewables company in the United States, which TotalEnergies said marked its largest U.S renewables energy acquisition. TotalEnergies added the acquisition would see it team up with Global Infrastructure Partners (GIP). As part of the deal, GIP…
By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY (Reuters) – Brazilian stocks will rise less than previously expected this year as fears over October’s presidential vote tarnish the outlook for the second half and double-digit interest rates prompt a switch to deposit accounts, a Reuters poll showed. In recent weeks, Brazil’s benchmark Bovespa stock…
TOKYO (AP) — The Japanese yen has weakened, trading in recent weeks at 20-year lows of 130 yen to the U.S. dollar just when prices of oil and other goods are surging partly due to the war in Ukraine. The yen’s value against the U.S. dollar and other currencies has fallen mainly because interest rates…
By Kevin Buckland TOKYO (Reuters) – The New Zealand dollar traded an early decline for a big gain on Wednesday after a hawkish tilt from the country’s central bank, while the greenback bounced off a one-month low amid a stabilisation in Treasury yields. The kiwi reversed losses as steep as 0.53% ahead of the Reserve…
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank raised interest rates by 50 basis points to 2.0% on Wednesday, its fifth rate hike in a row as it seeks to get on top of inflation and signaled the cash rate would peak at a higher level than previously forecast. All but one of…
By Samuel Indyk LONDON (Reuters) – Central bank policy tightening, fears of a recession and the economic impact of the war in Ukraine are all expected to keep a lid on any significant advance in European stocks for the remainder of 2022, a Reuters poll found. The poll of 21 fund managers, strategists and analysts,…
By Caroline Valetkevitch NEW YORK (Reuters) – Wall Street strategists expect U.S. stocks to end 2022 above current beaten-down levels but some warned of turbulence on concerns inflation and aggressive interest rate rises crimps economic growth and unnerves investors, a Reuters poll found. The benchmark S&P 500 will end this year at 4,400, based on…
By Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei share index, which has had a rollercoaster ride in the past year, is forecast to climb over 7% to 29,000 by end-2022, a level last seen at the start of January, according to analysts in a Reuters poll. Japan stocks have closely followed the fortunes of Wall…
TOKYO (Reuters) – Japan kept the overall view on its economy unchanged in May, saying it showed signs of improvement and removing a reference to the coronavirus in its headline assessment for the first time since the start of the pandemic. “The economy is showing signs of picking up,” the government said in its May…
By Stephen Culp NEW YORK (Reuters) – The S&P 500 and the Nasdaq finished in the red on Tuesday as worries that aggressive moves to curb decades-high inflation might tip the U.S. economy into recession dampened investors’ risk appetite. All three major U.S. stock indexes pared their losses in afternoon trading, with the blue-chip Dow…
