Business

US in talks with Brazil on critical minerals, signs Goias deal

Wednesday, March 18 by SRN News

By Lisandra Paraguassu and Oliver Griffin SAO PAULO, March 18 (Reuters) - The United States is in talks with Brazil to reach a deal on critical mineral supply chains, U.S. Chargé d'Affaires Gabriel Escobar said on Wednesday, despite bilateral diplomatic tensions. ... Read More.

UniCredit CEO says pan-European ambitions take precedence over Italian consolidation

Wednesday, March 18 by SRN News

By Valentina Za and Giuseppe Fonte MILAN, March 18 (Reuters) - A potential combination with Commerzbank is currently the priority for UniCredit though further consolidation in Italy could still provide opportunities in the future, CEO Andrea Orcel said on Wednesday. Speaking at a Morgan Stanley financial... Read More.

US exempts four foreign-made drones from import ban

Wednesday, March 18 by SRN News

WASHINGTON, March 18 (Reuters) - The U.S. Federal Communications Commission said on Wednesday it is exempting imports of four foreign-made drones from a sweeping import ban adopted in December. The FCC determination followed a Pentagon determination that four drone models - SiFly Aviation Q12, Mobilicom... Read More.

US factory orders barely rise in January

Wednesday, March 18 by SRN News

WASHINGTON, March 18 (Reuters) - New orders for U.S. factory goods edged up in January as weakness in transportation equipment partially offset gains elsewhere, government data showed on Wednesday. Factory orders rose 0.1% after an upwardly revised 0.4% drop in December, the Commerce Department's Census... Read More.

Analysis-Iran war energy shock sparks global push to reduce fossil fuel dependence

Wednesday, March 18 by SRN News

By Anna Hirtenstein and Kate Abnett March 18 (Reuters) - The energy shock from the Iran war has policymakers around the globe rethinking ways to reduce long-term dependence on oil and gas imports, with proposals to expand nuclear energy and renewables, grow strategic stockpiles and... Read More.

US waives sanctions on deals involving Venezuela’s PDVSA

Wednesday, March 18 by SRN News

March 18 (Reuters) - The United States has issued a general license authorizing certain deals involving Venezuela's state oil company PDVSA, the U.S. Treasury Department said on Wednesday. The waiver to sanctions that President Donald Trump imposed on PDVSA in 2019 during his first term... Read More.

The advantage of buying a used luxury car rather than a new non-luxury car

Wednesday, March 18 by SRN News

It's pretty common for new-car shoppers to look at what they can afford and go from there. Typically, that means focusing on vehicles from mainstream brands, even though owning a luxury vehicle is something many people aspire to. But there's a right-now alternative that... Read More.

US eases Venezuela oil sanctions as Trump seeks to boost world oil supply during Iran war

Wednesday, March 18 by SRN News

WASHINGTON (AP) - U.S. companies will be allowed to do business with Venezuela's state-owned oil and gas company after the Treasury Department eased sanctions, with some limitations, on Wednesday as the Trump administration looks for ways to boost world oil supplies during the Iran... Read More.

ECB sees underpriced geopolitical risks, warns against easing bank rules

Wednesday, March 18 by SRN News

FRANKFURT, March 18 (Reuters) - Financial markets are underpricing geopolitical risks, increasing the potential for sudden sell-offs, European Central Bank supervisor Claudia Buch said on Wednesday, as she warned against easing bank regulations. The U.S. has been loosening bank rules for the past year,... Read More.

US futures slip after hotter-than-expected producer inflation data

Wednesday, March 18 by SRN News

March 18 (Reuters) - Futures tracking Wall Street's main indexes slipped on Wednesday after data showed producer prices rose more than expected in February, dampening expectations that the Federal Reserve will lower interest rates this year. A Labor Department report showed... Read More.

Current Weather

US in talks with Brazil on critical minerals, signs Goias deal

UniCredit CEO says pan-European ambitions take precedence over Italian consolidation

US exempts four foreign-made drones from import ban

US factory orders barely rise in January

Analysis-Iran war energy shock sparks global push to reduce fossil fuel dependence

US waives sanctions on deals involving Venezuela’s PDVSA

The advantage of buying a used luxury car rather than a new non-luxury car

US eases Venezuela oil sanctions as Trump seeks to boost world oil supply during Iran war

ECB sees underpriced geopolitical risks, warns against easing bank rules

US futures slip after hotter-than-expected producer inflation data

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