US Industrial Production YoY (Jan) Y/Y 2.3% (Prev. 2%)
The US Industrial Production YoY figure for January has come in at 2.3%, which is an improvement over the previous reading of 2%.
India imported 1.1mln BPD of Russian oil in January, reportedly the lowest level since November 2022
Trian Fund Management Nelson Peltz's says Wendy's (WEN) shares are undervalued, he has spoken with financing sources and strategic partners regarding a potential deal for parties, according to Street Insider
US Industrial Production YoY (Jan) Y/Y 2.3% (Prev. 2%)
Starbucks (SBUX) investor group gears up for board fight over backsliding labour relations, Business Insider reports
The Trump administration is rescinding energy department rules that incentivise EV production to meet fuel economy requirements
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This suggests a strengthening in manufacturing activity, potentially supporting a more optimistic outlook for economic growth, and may influence expectations for monetary policy if the trend continues.
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