Analysis: Indices

Eni, YPF sign agreement for participation in Argentina LNG project

MILAN -Italian energy group Eni and Argentina's YPF on Friday signed an agreement on the Argentina LNG project during a meeting in Rome between Italian Prime Minister Giorgia Meloni and Argentine...

India, U.S. trade talks extended as deadline looms for interim deal, say sources

NEW DELHI -Trade talks between Indian and U.S. officials have been extended into next week as both sides seek consensus on tariff cuts in the farming and auto sectors, aiming to finalise an interim...

US equity funds see outflows on trade policy worries, Europe drew inflows ahead of ECB rate cut

U.S. equity funds saw outflows for a third straight week through June 4, as concerns lingered over uncertainty surrounding U.S. trade policies, while investors remained cautious ahead of a key jobs...

Wall Street posts weekly gains, Treasury yields jump as upbeat jobs data ease economic fears

NEW YORK -U.S. stocks closed sharply higher on Friday and U.S. Treasury yields jumped as a generally upbeat employment report and bounce-back in Tesla shares helped the indexes notch weekly...

Exclusive-Petrobras aims to make Africa its main exploratory region outside Brazil, CEO says

RIO DE JANEIRO -Petrobras aims to make Africa its main region of development outside Brazil, the state-run oil giant's CEO told Reuters on Thursday during a wide-ranging interview about the company's...

US aluminium premiums hit record levels after tariffs take effect

LONDON -Premiums for consumers buying aluminium on the physical market in the United States hit a record 60 cents a lb or $1,323 a metric ton on Thursday after U.S. President Donald Trump imposed...

Australia is 'safe and reliable' critical minerals alternative, minister says

PARIS -Australia offers a secure alternative supply for critical minerals vital to industry, its trade minister Don Farrell said on Thursday, in the face of rising concerns about Beijing's dominance...

Silver surges past $35/oz level to hit a more than 13-year high

Silver has soared to the key milestone of $35 per ounce, reaching its highest level in more than 13 years, propelled by robust industrial demand and ongoing supply deficits, analysts said. ...

US stocks heal from tariff pain but trade news to keep markets edgy

NEW YORK -After months of Wall Street gyrations to the twists and turns of U.S. trade policy, signs suggest stock investors are becoming more resilient to developments and cautiously defaulting to...

China's BYD to nearly triple South Africa dealers' network by next year

JOHANNESBURG -Chinese electric-vehicle giant BYD plans to nearly triple its dealership network in South Africa by next year as it looks to grow its market share in the country, a senior executive...

US stocks end lower, crude gains as Trump-Musk row distracts from trade talks, data

NEW YORK -Wall Street veered to a sharply lower close and crude prices advanced on Thursday as a high-profile dispute between U.S. President Donald Trump and billionaire Elon Musk overshadowed trade...

Trade war is tougher threat than COVID for emerging market cenbanks, IMF says

The shock from trade war brings differential effects for central banks in emerging markets, in contrast with the COVID pandemic, when they could quickly ease monetary policy, the International...

Higher US metals tariffs kick in as deadline for 'best' offers arrives

STORY: Higher U.S. tariffs on imported steel and aluminum kicked in on Wednesday. Late the day before, Donald Trump signed a proclamation that put into effect his surprise announcement...

India's Vedanta says Trump's tariffs damaging, seeks import curbs

Indian metals-to-oil conglomerate Vedanta said on Wednesday that U.S. President Donald Trump's doubling of aluminium tariffs to 50% poses a threat to the Indian industry already struggling with...

Canadian metals industry warns of layoffs, lost sales due to new US tariffs

TORONTO -Canadian companies and a major union said on Wednesday higher U.S. tariffs on steel and aluminum could result in more job losses and lost sales, as Prime Minister Mark Carney said Canada is...

NY Fed survey: Last month most firms passed on some of tariff surge

NEW YORK -The majority of businesses in the New York Federal Reserve's district said they passed on at least some of President Donald Trump's tariffs in the form of higher prices last month, as firms...

UK PM Starmer confident US deal will be implemented before tariff deadline

LONDON -British Prime Minister Keir Starmer said on Wednesday he was confident that tariffs on U.S. imports of British steel would be reduced to zero within a couple of weeks, avoiding a July...

US stocks end mixed, Treasury yields dip as investors eye trade talks, jobs data

NEW YORK -Wall Street wavered and U.S. Treasury yields dropped on Wednesday as investors monitored U.S. trade negotiations and looked ahead to Friday's critical employment report. Tech...

Oil settles 1% lower after US data shows large builds in fuel stocks

Oil prices settled down just over 1% on Wednesday after U.S. data showed surprisingly large build in gasoline and diesel inventories, swelling fuel supplies with OPEC+ planning more output and trade...