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India economy resilient but faces rising risks from Mideast war, government report says

India economy resilient but faces rising risks from Mideast war, government report says

By Sarita Chaganti Singh and Manoj Kumar NEW DELHI, April 29 (Reuters) - India's economy remains resilient but faces mounting risks from the Middle East conflict, which has disrupted supplies of energy, fertilisers and industrial raw materials, raised costs and weakened trade, the government's

Walmart Mexico unit's profit ticks up in first quarter

Walmart Mexico unit's profit ticks up in first quarter

MEXICO CITY, April 28 (Reuters) - Walmart's Mexico and Central America unit on Tuesday reported a slight rise in first-quarter net profit, beating analyst forecasts, as strong growth in Mexico and online sales helped offset rising costs and weaker results in Central America.

FULL TEXT-Bank of Canada governor says rate changes will be small if forecasts hold

FULL TEXT-Bank of Canada governor says rate changes will be small if forecasts hold

OTTAWA, April 29 (Reuters) - The Bank of Canada released the following statement by Governor Tiff Macklem on Wednesday: "Good morning. I'm pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our quarterly Monetary Policy Report and today's decision.

Bank of Canada holds rates, says changes will be small if forecasts hold true

Bank of Canada holds rates, says changes will be small if forecasts hold true

By Promit Mukherjee and David Ljunggren OTTAWA, April 29 (Reuters) - The Bank of Canada kept its key interest rate unchanged on Wednesday as expected and said any changes in the rate could be small if its projections for the economy held true.

Mexico to require federal projects to use local steel in response to US tariffs

Mexico to require federal projects to use local steel in response to US tariffs

MEXICO CITY, April 29 (Reuters) - Mexico's President Claudia Sheinbaum on Wednesday announced a rule that all federal work projects use steel from Mexican companies, after attempts to reach a deal to lift U.S. steel tariffs failed.

China factory activity expands at quickest pace since late 2020, private PMI shows

China factory activity expands at quickest pace since late 2020, private PMI shows

BEIJING, April 30 (Reuters) - China's manufacturing sector expanded in April at its fastest pace since the end of 2020, driven by stronger output and surging new orders, a private survey showed on Thursday.

Ukraine's central bank holds key rate, sees slower growth, higher inflation in 2026

Ukraine's central bank holds key rate, sees slower growth, higher inflation in 2026

By Olena Harmash KYIV, April 30 (Reuters) - Ukraine's central bank kept its key rate on hold on Thursday and said the country's economic growth would be slower and inflation higher this year due to Russia's bombardment of energy infrastructure and the impact of the Iran war.

EM stocks, FX fall on renewed Iran war risks, but set for monthly gains

EM stocks, FX fall on renewed Iran war risks, but set for monthly gains

By Purvi Agarwal April 30 (Reuters) - Most emerging market stocks and currencies dipped on Thursday on concerns that the Iran war could escalate, sending oil prices soaring over 7%, while investors assessed the impact of a hawkish stance by the U.S. Federal Reserve.

Trading Day: Fed dissent, oil ascent

Trading Day: Fed dissent, oil ascent

By Jamie McGeever ORLANDO, Florida, April 29 (Reuters) - Oil surged toward $120 a barrel on Wednesday on deepening supply fears, while U.S. bond yields jumped and stocks stumbled after the Federal Reserve's decision to keep interest rates on hold masked the most divided vote since 1992.

US charges governor of Mexico's Sinaloa state for ties to cartel

US charges governor of Mexico's Sinaloa state for ties to cartel

MEXICO CITY, April 29 (Reuters) - The U.S. Justice Department said on Wednesday it has charged the governor of Mexico's Sinaloa state, Ruben Rocha, and other current and former officials for their alleged involvement with the Sinaloa Cartel.

Silver, zinc sales help boost Grupo Mexico profit 57% in first quarter

Silver, zinc sales help boost Grupo Mexico profit 57% in first quarter

By Natalia Siniawski MEXICO CITY, April 28 (Reuters) - Mining and transportation conglomerate Grupo Mexico on Tuesday reported a 57% profit jump in the first quarter from the same period the previous year, helped by an increase in silver and zinc sales.

FULL TEXT- Bank of Canada leaves key interest rate unchanged

FULL TEXT- Bank of Canada leaves key interest rate unchanged

OTTAWA, April 29 (Reuters) - The Bank of Canada released the following statement on Wednesday: "The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.