Analysis: Indices

Steep US tariffs set to hit Indian exports from Wednesday

MUMBAI/NEW DELHI -Indian exporters are bracing for a sharp decline in U.S. orders after trade talks collapsed and Washington confirmed steep new tariffs on the South Asian nation's goods will take...

Exclusive-Canada's Alberta eyes investment in Japan's refining to boost oil exports, sources say

CALGARY/HOUSTON -Canada's main oil-producing province of Alberta is considering a financial investment in Japan's refining sector, two sources familiar with the matter said, an attempt to reduce its...

US Interior Department proposes adding copper to critical minerals list

WASHINGTON -The U.S. on Monday proposed adding copper and potash among others to the draft critical minerals list for 2025, for their importance to the economy and national security. ...

Activist Windward presses Cineplex to boost buybacks, sell non-core assets

Windward Management has called on cinema theater operator Cineplex to buy back more shares and sell non-core assets, pointing to a recovering box office as audiences return to theaters and demand...

Poland: a tax on banks, a blow to indices

On Friday, in a positive session for most financial markets, marked by Jerome Powell's speech, conversely Polish stocks fell by over 4.5%. When a single country's stockmarket falls like this, the...

Jefferies raises S&P 500 annual target to 6,600 on resilient earnings

Jefferies raised its year-end target for the S&P 500 index to 6,600, citing robust second-quarter corporate earnings, easing concerns about the health of the U.S. economy. Previously,...

Keurig Dr Pepper brews coffee challenge to Nestle with $18 billion JDE Peet's takeover

U.S. soft drinks giant Keurig Dr Pepper is set to create a global coffee giant to rival market leader Nestle with an $18 billion takeover of JDE Peet's, Europe's largest acquisition in more than two...

China says 'rampant' US protectionism threatens agricultural ties

BEIJING -U.S. protectionism is undermining agricultural cooperation with China, Beijing's ambassador to Washington said, warning that farmers should not bear the price of the trade war between the...

E-commerce firm Pattern reveals 35% revenue surge in US IPO filing

Pattern Group recorded a 35% jump in revenue in the first half of 2025, the e-commerce firm revealed on Friday in its U.S. initial public offering paperwork. With the IPO calendar set...

Exclusive-Sona poised to hire Cheyne's Hill as CFO for $13.6 billion manager, source says

LONDON -Sona Asset Management is set to hire David Hill as its new chief financial officer, a source close to the matter told Reuters on Friday.  Hill will likely join the investment...

Chile's Codelco cuts 2025 copper forecast after El Teniente mine collapse

SANTIAGO -Chile's Codelco, the world's largest copper producer, on Friday lowered its 2025 production guidance following a tunnel collapse at its flagship El Teniente mine and said it will revise...

Canada to remove many retaliatory tariffs on US, Carney says

OTTAWA -Canada will remove many retaliatory import tariffs on U.S. goods and intensify talks with the United States on striking a new trade and security relationship, Prime Minister Mark Carney said...

UBS lifts S&P 500 annual target for second time in two months

UBS Global Wealth Management lifted its year-end target for the S&P 500 index for the second time in two months, betting on corporate earnings strength, easing trade tensions and expectations of...

China tightens grip over rare earth supply quotas

BEIJING -China, the world's dominant rare earth supplier, issued on Friday measures to regulate the mining, smelting and separation of the critical minerals key to energy transition, further...

Australia's Zip soars on strong earnings, outlook, US listing plan

Shares of Australia's Zip surged over 25% on Friday to hit their highest level in more than three years after the buy-now-pay-later company reported higher annual earnings and announced plans for a...

Oil prices rise, make weekly gains as Ukraine peace process stalls

HOUSTON - -Oil prices steadied on Friday amid uncertainty surrounding a potential peace deal between Russia and Ukraine, with prices gaining on the week for the first time in three weeks. ...

Lula, Macron discuss US tariffs, Mercosur-EU deal in phone call

SAO PAULO/PARIS -Brazilian President Luiz Inacio Lula da Silva spoke by phone on Wednesday with his French counterpart Emmanuel Macron and discussed U.S. tariffs and the Mercosur-European Union trade...

China launches WTO dispute with Canada on steel and aluminum surtaxes

BERLIN -China has requested dispute consultations at the World Trade Organization regarding Canadian surtaxes and quotas on steel and aluminum goods, the WTO said on Wednesday. The...

Trafigura-led consortium aims to finalise US loan deal by end-2025

Lobito Atlantic Railway aims to finalise by the end of this year a $533 million loan deal with the U.S. International Development Finance Corporation that is vital for the upgrade of its Angolan...