Category Archives:
U.S. railroads say heatwave to reignite coal shipments this year
By Ananta Agarwal (Reuters) - U.S. railroad operators expect heatwaves across the northern hemisphere to reignite coal shipments as people crank up the air conditioning to beat the heat. Grid operator...
Jul 28, 2023
Mexican peso hits 7-1/2 year high vs dollar
MEXICO CITY (Reuters) - Mexico's peso on Friday hit its highest level against the dollar since December 2015, as the greenback lost steam after U.S. data on easing inflation bolstered the case for the...
Jul 28, 2023
Shipping group CMA CGM braced for weaker profit before demand picks up in 2024
PARIS (Reuters) - French shipping group CMA CGM expects container freight demand to improve from next year but the group's profits will continue to ease this year as a slump in freight rates from reco...
Jul 28, 2023
IMF, Argentina reach staff deal on loan reviews to unlock $7.5 billion
WASHINGTON (Reuters) - The International Monetary Fund said on Friday that it has reached a staff-level agreement with Argentina to unlock about $7.5 billion and complete the fifth and sixth reviews o...
Jul 28, 2023
S&P 500 Q2 earnings now seen down 6.4% yr-over-yr; 7.9% decline seen wk ago-Refinitiv
NEW YORK (Reuters) - S&P 500 company aggregate earnings for the second quarter are now seen down 6.4% from the year-ago quarter, compared with a 7.9% decline forecast by analysts a week ago, according...
Jul 28, 2023
Softening inflation props up U.S. consumer sentiment
By Safiyah Riddle (Reuters) - Diminishing inflation pushed consumer sentiment to the highest in nearly two years, a closely watched survey showed on Friday. The University of Michigan's final index of...
Jul 28, 2023
US seeks to end 2020 Airbus criminal case over bribery, export controls
WASHINGTON (Reuters) - The Justice Department on Friday asked a U.S. judge to dismiss a 2020 criminal case against European planemaker Airbus after more than three years. A 2020 deferred prosecution a...
Jul 28, 2023
Maserati will never enter a price war with competitors, CEO says
By Giulio Piovaccari MILAN (Reuters) - Italian carmaker Maserati will never start or get involved in a price war with competitors, the CEO of the luxury subsidiary of Stellantis said on Friday. "We wo...
Jul 28, 2023
Laurentian Bank’s shares fall after media report that potential top bidders bowed out
(Reuters) - Laurentian Bank of Canada's shares fell 9% on Friday after a newspaper reported that the Montreal-based bank was struggling to find an acquirer and that Canada's top banks - Bank of Nova S...
Jul 28, 2023
US to accept certain non-Mexican migrants in Mexico as refugees
By Ted Hesson WASHINGTON (Reuters) - The Biden administration will allow some migrants from Cuba, Haiti, Nicaragua and Venezuela who are already in Mexico to apply to enter the United States as refuge...
Jul 28, 2023
Peoria, IL, USA
42 °F Overcast
