Investing.com– Most Asian currencies kept to a tight range on Friday, while the dollar was headed for a negative week ahead of key U.S. nonfarm payrolls data, which is expected to provide more cues on the path of U.S. interest rates.  The data comes just a few days after the…

By Karen Brettell NEW YORK (Reuters) -The jumped to a seven-week high in a broad rally on Friday after data showed that employers added far more jobs in January than expected, reducing the chances of near-term Federal Reserve interest rate cuts. Nonfarm payrolls increased by 353,000 last month, beating economists’…

Investing.com– Most Asian currencies weakened on Monday, while the dollar steadied at a near two-month high as strong labor market data and hawkish signals from the Federal Reserve saw traders reconsider bets on early interest rate cuts. Regional currencies were reeling from steep losses on Friday after U.S. data read…

W.W. Grainger, Inc. (GWW) has announced its fourth-quarter earnings, revealing a year of record sales and earnings. The company reported over $16.5 billion in sales, marking an 8.6% increase on a daily basis. Adjusted earnings per share (EPS) rose over 23% to $36.67, and the company has set its sights…

BRASILIA (Reuters) – The Brazilian Air Force said on Tuesday it fired warning shots at a plane and forced it to land for violating a no-fly ban over the Yanomami Indigenous reservation where illegal gold miners have been returning despite federal efforts to keep them away. Two bursts of machine…

By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar climbed to its highest in almost three months against nine other major currencies on Monday as traders slashed bets the Federal Reserve would aggressively cut interest rates this year after new economic data further diminished those odds. U.S. services…

Imperial Oil Limited (NYSE:) has announced strong financial results for the fourth quarter, with a net income of $1.365 billion and cash from operating activities totaling $1.799 billion. The company experienced record production from its Kearl asset, reaching an average of 308,000 barrels per day, and saw significant achievements in…

Investing.com — U.S. crude stockpiles fell much more than expected last week, the API reported Tuesday, just as markets brace for the U.S. response to a deadly drone on its forces earlier this week.     , the U.S. benchmark, traded at $77.78 a barrel following the report after settling up…

Investing.com– Most Asian currencies rose slightly on Tuesday, recovering marginally after growing expectations of higher-for-longer U.S. interest rates pushed up the dollar and weighed heavily on regional markets. Regional currencies saw some relief as the U.S. dollar steadied after racing to near three-month highs this week. The dollar was buoyed…

LyondellBasell Industries (LYB) revealed a strong financial performance in its fourth quarter and full-year 2023 earnings call, announcing earnings of $8.65 per share with an EBITDA of $5.2 billion for the year. The company surpassed its value enhancement program goals, achieving over $400 million in annual EBITDA improvements. LyondellBasell also…