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Analysis-US bond market may be too sanguine about underlying fiscal, inflation risks

By Davide Barbuscia NEW YORK (Reuters) -Some investors see potential cracks in the U.S. bond market and red flags from recent whipsawing moves, saying the market is underpricing long-term fiscal risks and the danger posed by White House pressure on the central bank to cut ...
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‘I fault myself for not paying more attention,’ Conoco CEO tells employees facing deep job cuts

(Corrects years as CEO to 13 years (not 12 years) in paragraph 6) By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) -ConocoPhillips CEO Ryan Lance told employees on Thursday that one of the reasons he had to cut up to 25% of the workforce ...
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Food grocers urge grain traders to uphold Brazil’s soy moratorium initiative

By Ana Mano SAO PAULO (Reuters) -Large food retailers, including Tesco, Sainsbury’s and Aldi have urged global grain traders to defend Brazil’s soy moratorium initiative, a pact designed to protect the Brazilian Amazon from soy-driven deforestation. In a letter dated Sept. 5 seen by Reuters, the ...
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Treasury Secretary Bessent calls for “entire” review of Fed

(Reuters) -U.S. Treasury Secretary Scott Bessent on Friday called for renewed scrutiny of the Federal Reserve, including its power to set interest rates, as the Trump administration continues its efforts to exert control over a central bank whose insulation from short-term political pressures is ...
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Canada’s Carney to delay EV mandate as country deals with Trump’s tariffs

TORONTO (AP) — Canadian Prime Minister Mark Carney is delaying a requirement for automakers to begin hitting minimum sales levels for electric vehicles next year as the sector deals with U.S. President Donald Trump’s tariffs. Former Canadian Prime Minister Justin Trudeau set the target, ...
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White House review of biofuel waiver plan pits farmers against refiners

By Jarrett Renshaw (Reuters) -The White House is reviewing a high-stakes rule that could reshape the balance of interests between oil refiners and farmers by determining how – or even whether – to redistribute huge volumes of biofuel blending obligations that were recently exempted under ...
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Brazil’s Lula announces $2.2 billion debt relief package for farmers

SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva announced on Friday a 12 billion reais ($2.21 billion) debt renegotiation package aimed at supporting up to 100,000 agricultural producers, primarily small and medium-sized farmers affected by recent climate events. WHY IT’S IMPORTANT  The measure comes ...
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Halliburton reduces workforce as oil activity slumps, sources say

By Shariq Khan and Liz Hampton DENVER (Reuters) -U.S. oilfield services provider Halliburton has been cutting staff in recent weeks, according to two sources familiar with the matter, marking the latest workforce reduction in the U.S. oil industry as it faces rising costs and a ...
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Factbox-China’s probes on EU products following EV tariffs

(Reuters) -The Chinese commerce ministry has imposed anti-dumping measures on imports from the European Union, deepening trade tensions which spiked when the bloc imposed tariffs on China-made electric vehicles. In July, the EU introduced provisional tariffs of up to 37.6% on China-made EVs describing their ...
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BofA expects Fed to deliver two cuts this year after soft jobs report

(Reuters) -BofA Global Research on Friday forecast the U.S. Federal Reserve to deliver two 25 basis point (bp) cuts, in September and December, after a soft jobs report. BofA, was the only Wall Street brokerage , which had previously expected no cuts this year. ...
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Ad group WPP names Ogilvy chief Devika Bulchandani as COO

(Reuters) -Advertising group WPP Plc named insider Devika Bulchandani as its chief operating officer on Friday, days after announcing the year-end retirement of Andrew Scott. Laurent Ezekiel will replace Bulchandani as the global CEO of WPP’s advertising agency Oglivy. WPP’s boss, Cindy Rose, who took over ...
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Google hit with $3.5 billion fine from European Union in ad-tech antitrust case

LONDON (AP) — European Union regulators on Friday hit Google with a 2.95 billion euro ($3.5 billion) fine for breaching the bloc’s competition rules by favoring its own digital advertising services, marking the fourth such antitrust penalty for the company as well as a ...
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