Finance

Image for Currencies take a beat as dollar rally pauses

Finance

Currencies Take a Beat as Dollar Rally Pauses

Image for Brazil Congress approves EU-Mercosur deal

Finance

Brazil Congress Approves EU-Mercosur Deal

Image for Trading Day: Respite, but for how long?

Finance

Trading Day: Respite, but for How Long?

Image for Amazon cuts more jobs; this time in robotics unit

Finance

Amazon Cuts More Jobs; This Time in Robotics Unit

Image for Citi lifts aluminium 0–3 month target to $3,600 per metric ton

Citi Lifts Aluminium 0–3 Month Target to $3,600 per Metric Ton

Date: March 4, 2026

March 4 (Reuters) - Citi has raised its LME aluminium 0–3 month price target to $3,600 a metric ton, up from $3,400/t, and said prices could climb to $4,000/t in a bull-case scenario, citing supply...

Image for US diesel hits $4 per gallon as fuel costs rise amid escalating Middle East conflict

US Diesel Hits $4 per Gallon as Fuel Costs Rise Amid Escalating Middle East Conflict

Date: March 4, 2026

By Nicole Jao and Shariq Khan NEW YORK, March 4 (Reuters) - Average U.S. retail diesel prices surpassed $4 a gallon for the first time in nearly two years on Wednesday and are set to rise further...

Image for Dollar funding stress eases as Middle East conflict de-escalation hopes rise

Dollar Funding Stress Eases as Middle East Conflict De-Escalation Hopes Rise

Date: March 4, 2026

By Saqib Iqbal Ahmed NEW YORK, March 4 (Reuters) - A gauge of dollar-funding stress eased on Wednesday amid rising hopes that the Middle East conflict may prove shorter lived than initially feared, a...

Image for Santander's exposure to failed lender MFS is over $267 million, Bloomberg News reports

Santander's Exposure to Failed Lender Mfs Is Over $267 Million, Bloomberg News Reports

Date: March 4, 2026

March 4 (Reuters) - Banco Santander is owed between 200 million pounds ($267 million) and 300 million pounds by a company tied to Market Financial Solutions, a UK mortgage lender that collapsed last...

Image for Monte dei Paschi board votes to oust CEO Lovaglio, sources says

Monte Dei Paschi Board Votes to Oust CEO Lovaglio, Sources Says

Date: March 4, 2026

MILAN, March 4 (Reuters) - The board of Monte dei Paschi di Siena on Wednesday voted against keeping CEO Luigi Lovaglio in the job after his mandate ends in April, two people with knowledge of the...

Image for London marine insurers still offering Middle East cover as war risk rates rise, Gallagher says

London Marine Insurers Still Offering Middle East Cover as War Risk Rates Rise, Gallagher Says

Date: March 4, 2026

By Noor Zainab Hussain and Manya Saini March 4 (Reuters) - Marine insurers in the London market continue to offer cover in the Middle East, despite rising war risk premiums driven by escalating...