By Jamie McGeever ORLANDO, Florida (Reuters) – TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Trump drives global trade war up a gear Investors went on the defensive Thursday, reducing exposure to risky assets like stocks after U.S. President Donald Trumpescalated the global trade wars with his plans…
By Canan Sevgili and Ezgi Erkoyun ISTANBUL (Reuters) – Turkish stocks were set for their worst week since the aftermath of 2008’s Lehman Brothers collapse on Friday as concerns about this week’s detention of President Tayyip Erdogan’s main political rival refused to subside. The lira was set for a 4% weekly slump despite aggressive action…
(Reuters) -Nvidia CEO Jensen Huang said on Wednesday that orders for some 3.6 million of its flagship “Blackwell” chips from four top cloud service providers “under represented” demand, since they did not include orders from key customer Meta. Facebook-owner Meta Platforms is among the largest buyers of Nvidia chips and Mark Zuckerberg, CEO of the…
By Lisa Baertlein, Karl Plume and Timothy Gardner LOS ANGELES/CARLSBAD, Calififornia (Reuters) -President Donald Trump’s plan to revive U.S. shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S. coal inventories to swell and stoking uncertainty in the embattled agriculture market, as exporters struggle to find ships to send goods abroad….
By Daphne Psaledakis and Humeyra Pamuk WASHINGTON (Reuters) – The U.S. State Department on Wednesday denied that data collected in a government-funded program that helps track thousands of abducted Ukrainian children had been deleted, but acknowledged that the effort had been terminated as part of Washington’s sweeping freeze on almost all foreign aid. In a…
By David Shepardson WASHINGTON (Reuters) – Amtrak CEO Stephen Gardner said Wednesday he will step down immediately after more than four years as head of the U.S. passenger railroad, citing concerns about maintaining the carrier’s support from President Donald Trump’s administration. “I am stepping down as CEO to ensure that Amtrak continues to enjoy the…
By Alexandra Valencia QUITO (Reuters) – Ecuador’s security forces will “very soon” receive advice from Erik Prince, the private security executive, on fighting criminal gangs that are attempting to increase violence ahead of an April presidential runoff vote, Interior Minister John Reimberg said. President Daniel Noboa, who is locked in a tight contest with his…
By Andrew Goudsward WASHINGTON (Reuters) -President Donald Trump on Friday vowed to seek accountability for those who pursued him during his years out of power, speaking at the U.S. Justice Department whose prosecutors had brought some of those cases. In a rare political speech at the department’s Washington headquarters, Trump painted a dark picture of…
By Walter Bianchi and Aida Pelaez-Fernandez BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate accelerated to 2.4% in February, in line with analyst estimates, data from the INDEC statistics agency showed on Friday. This marks an acceleration from the 2.2% recorded in January, as housing and public services expenses rose nearly 4%. Inflation in the…
By Joey Roulette WASHINGTON (Reuters) -NASA on Friday said it received a one-week deadline extension to submit its plans for mass layoffs to the top U.S. personnel agency, given the number of high-priority space missions the agency is grappling with this month. Federal agencies faced a deadline of late in the week to turn in…
