By Fergal Smith TORONTO (Reuters) -Canada’s services economy contracted for a fifth straight month in April as uncertainty around trade…
Category: Economy
SiriusXM sheds fewer quarterly subscribers on steady demand for exclusive content
(Reuters) -SiriusXM on Thursday reported a smaller-than-expected quarterly decline in subscribers who directly pay for its satellite radio service, driven…
IMF cuts India’s growth forecast amid tariff uncertainty
NEW DELHI (Reuters) -The International Monetary Fund (IMF) on Tuesday cut its economic growth forecast for India for the current…
Price premium for gold in China jumps due to tit-for-tat tariffs
By Ashitha Shivaprasad and Polina Devitt (Reuters) – The price premium for gold in top consumer China above global benchmark…
Trump tariffs could cut GDP growth by 0.5 pct points, French prime minister says
PARIS (Reuters) – France could see a 0.5 percentage point reduction in gross domestic product growth as a result of…
Oil sinks to pandemic lows; metals, soybeans slump as China retaliates
By Anna Hirtenstein and Karl Plume LONDON/CHICAGO (Reuters) -Oil prices plunged nearly 8% on Friday to the lowest level since…
Brazil central bank to monitor inflation expectations closely as policymakers weigh next steps
BRASILIA (Reuters) -Brazilian central bank director Nilton David signaled on Monday that policymakers will monitor inflation expectations when determining their…
Russian rouble seen weakening back to around 100 to the US dollar in a year: Reuters Poll
By Elena Fabrichnaya and Gleb Bryanski MOSCOW (Reuters) – The Russian rouble is seen weakening back to the level of…
Goldman maintains copper price forecasts, says tariffs will avert US glut
(Reuters) – Goldman Sachs on Wednesday maintained its London Metal Exchange copper price forecasts for the next year, and said…
Mexico headline inflation likely down in first half of March: Reuters poll
MEXICO CITY (Reuters) – Mexico’s annual inflation likely slowed in the first half of March, according to a Reuters poll,…