Information

Home Information
  • Mar 27, 2025

Oil set to rise for third week on Venezuela, Iran pressure

LONDON (Reuters) -Oil prices were set for a third weekly gain on Friday as the U.S. ramped up pressure on Venezuela and Iran, though worries over whether Washington's tariff war could curb demand weighed on markets. U.S. President Donald Trump on Monday announced new 25% tariffs on potential buyers of Venezuelan crude, days after U.S. sanctions targeting China's imports from Iran. The order compounded uncertainty for buyers and saw trade of Venezuelan oil to top buyer China stall.

  • Mar 27, 2025

A $30 Billion Rout Turns Delta Thailand Into Asia’s Worst Stock

(Bloomberg) -- Just four months ago, Delta Electronics (Thailand) Pcl’s shares were outpacing global peers, prompting a series of moves from Thai market authorities to halt the rally. Now, the stock is in a stark reversal.Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?Gold-Rush Fever Returns to Historic New Zealand Mining TownHow SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Cata

  • Mar 27, 2025

Fed's Barkin: Auto firms under tariffs will face tough choices on pricing, margins

Richmond Federal Reserve President Tom Barkin said he did not expect consumers to face the full brunt of the 25% tax the Trump administration has set on imported cars, but added firms will have difficult choices ahead on pricing and profit margins. "My instinct is that the blunt top line number will not be the number that is faced by consumers," Barkin said. For the Fed that could mean spillovers to the job market if firms try to limit price hikes by shedding workers.

Popular Post