Author Archives: Syndicated Content
Mexico's Walmex expects final ruling from antitrust watchdog soon
MEXICO CITY (Reuters) -Mexico's Walmex, the local unit of U.S.-based retail giant Walmart, expects antitrust watchdog Cofece to soon announce its final ruling stemming from a probe into alleged anti-c...
Thomson Reuters Oct 08, 2024
Arcadium's vast lithium portfolio lures Rio at the right time
By Ernest Scheyder and Clara Denina (Reuters) - From northern Quebec's tundra to Argentina's Andes Mountains and the plateaus of Western Australia, Arcadium's lithium portfolio, brought together over ...
Thomson Reuters Oct 08, 2024
Arbitration rules in favour of BP as sole buyer of Kosmos Energy's Senegal LNG project
By Marwa Rashad LONDON (Reuters) - Kosmos Energy said on Tuesday a Paris-based arbitrator has ruled in favour of BP, prohibiting Kosmos from selling to third parties liquefied natural gas from the Gre...
Thomson Reuters Oct 08, 2024
US bank profits to shrink on interest income, focus shifts to Fed cuts
By Nupur Anand NEW YORK (Reuters) - JPMorgan Chase and Wells Fargo kick off earnings for the sector on Friday, and investors are expected to focus on the big banks' forecasts for net interest income a...
Thomson Reuters Oct 08, 2024
Berkshire Hathaway nets $10 billion from BofA share-sale spree
By Niket Nishant and Manya Saini (Reuters) - Warren Buffett-led Berkshire Hathaway further cut its stake in Bank of America, a late Monday filing showed, netting the investment giant more than $10 bil...
Thomson Reuters Oct 08, 2024
Trader Vitol sells Venezuelan oil to Indian refiners, trade sources say
By Nidhi Verma and Marianna Parraga NEW DELHI/HOUSTON (Reuters) - Two Indian state refiners have bought 2 million barrels of Venezuelan crude from trading house Vitol for November delivery, trade sour...
Thomson Reuters Oct 08, 2024
US natgas output to decline as demand hits record high in 2024, EIA says
(Reuters) - U.S. natural gas production will decline in 2024 while demand will rise to a record high, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on T...
Thomson Reuters Oct 08, 2024
Euro zone inflation on the decline but job not yet done, ECB's Nagel says
FRANKFURT (Reuters) - Euro zone inflation is on the decline but the European Central Bank must remain vigilant and ensure that price growth settles at its 2% target even over the medium term, Bundesba...
Thomson Reuters Oct 08, 2024
Argentina September inflation seen at lowest since late 2021
BUENOS AIRES (Reuters) - Argentina's monthly inflation rate is expected to have slowed to 3.5% in September, which would be the lowest monthly rate since the end of 2021, a Reuters poll of economists ...
Thomson Reuters Oct 08, 2024
Fed's Bostic says labor market slowing but not slow, jobs gains 'robust'
WASHINGTON (Reuters) - Last week's jobs numbers confirm the U.S. labor market remains strong even though it may be slowing, with a 4.1% unemployment rate around what is considered full employment and ...
Thomson Reuters Oct 08, 2024
Coldwater, MI, USA
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