U.S. Business Inventories Rise In Line With Estimates In February

India, April 16 -- A report released by the Commerce Department on Wednesday showed business inventories in the U.S. increased in line with economist estimates in the month of February. The Commerce ... Read More

U.S. Crude Oil Inventories Inch Modestly Higher

India, April 16 -- Crude oil inventories in the U.S. saw a modest increase in the week ended April 11th, the Energy Information Administration revealed in a report released on Wednesday. The EIA said... Read More

QXO Prices Public Offering Of About 37.74 Mln Shares At $13.25/shr

India, April 16 -- QXO Inc. (QXO) announced the pricing of its public offering of about 37.74 million shares of its common stock at a price to public of $13.25 per share. The Offering is expected to c... Read More

U.S. Homebuilder Confidence Unexpectedly Inches Higher In April

India, April 16 -- The National Association of Home Builders released a report on Wednesday unexpectedly showing a slight improvement by U.S. homebuilder confidence in the month of April. The report ... Read More

Rio Tinto, AMG Metals & Materials Sign MoU To Assess Low-carbon Aluminium Project In India

India, April 16 -- Rio Tinto (RTPPF.PK,RIO.L,RIO,RTNTF.PK) and AMG Metals & Materials, an energy transition solutions provider, said that they have signed a Memorandum of Understanding to jointly asse... Read More

China Faces Up To 245% Tariff On US Imports

India, April 16 -- China now faces a tariff of up to 245 percent as a result of its retaliatory measures, the White House stated. "On Day One, President Trump initiated his America First Trade Policy... Read More

South32 Q3 Alumina Production Increases

India, April 16 -- South32 Ltd. (SOUHY.PK,SHTLF.PK), an Australian mining and metals company, reported that its third quarter Alumina production (South32 share) rose to 1.27 million tonnes from 1.24 m... Read More

U.S. Industrial Production Falls 0.3% In March As Utilities Output Plummets

India, April 16 -- Reflecting a steep drop by utilities output, the Federal Reserve released a report on Wednesday showing U.S. industrial production decreased by slightly more than expected in the mo... Read More

Nvidia Sees $5.5 Bln Charge As US Restricts Chip Sales To China; Shares Down

India, April 16 -- Shares of Nvidia Corp. were losing around 6 percent in early morning trade on Wednesday on the Nasdaq, after the artificial intelligence chipmaker said that it would take $5.5 billi... Read More

Bank Of Canada Leaves Interest Rates Unchanged Amid Tariff Uncertainty

India, April 16 -- Following a series of interest rate cuts over the past several months, the Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged. The... Read More

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