News
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Insurance broker WTW's profit climbs on strong demand for risk advice
April 24 (Reuters) - Insurance broker WTW WTW.O reported a 23% jump in first-quarter profit on Thursday, helped by robust growth in its risk and broking unit.Despite fears of an economic downturn affecting consumer confidence, a resilient labor market and wage growth have sustained insurance spendin...Reuters
Thu, Apr 24
US: The US has already lost the trade war – ABN AMRO
One of the primary objectives of the Trump administration’s (trade) policies is to become less dependent on China, but policy implementation is poorly aligned with overall goals and too erratic. The trade war hurts everyone, but it hurts the US more than other major economic players.Fxstreet
Thu, Apr 24
FACTBOX-What have been flashpoints in Canada-US relations?
By Paul Simao April 24 (Reuters) - The fraying relationship with the U.S. has taken on oversized importance for Canadian voters who head to the polls on Monday to decide whether to give Prime Minister Mark Carney's ruling Liberals another mandate.The five-week campaign is taking place in the ...Reuters
Thu, Apr 24
China's vice premier calls on government to support businesses in face of US tariffs
BEIJING, April 24 (Reuters) - China should focus on the needs of businesses and strengthen policy supply to face up to the new situation of recent U.S. tariffs, Chinese Vice Premier He Lifeng was quoted by state-run Xinhua news agency on Thursday.The country needs to respond to external shocks and s...Reuters
Thu, Apr 24
Euro zone yields fall as global mood turns more fragile
German business morale unexpectedly rose in April - IfoTariffs and trade tensions remain a focusGerman 10-yr yield drops 3 bps April 24 (Reuters) - Euro zone government bond yields dipped on Thursday from a sharp rise in the previous session as global market sentiment turned more negative, pushi...Reuters
Thu, Apr 24
European car sales rise in March, Tesla drops 28.2%
By Greta Rosen Fondahn, Alessandro Parodi April 24 (Reuters) - Tesla's TSLA.O new car sales in Europe dropped 28.2% in March from a year earlier, even as overall battery electric vehicle sales rose 23.6% in the month, according to data from the European Automobile Manufacturers Association (A...Reuters
Thu, Apr 24
EUR/USD finds support as US Dollar struggles to extend recovery
EUR/USD finds cushion near 1.1300 during European trading hours on Thursday after a two-day correction. The major currency pair tests ground as the US Dollar (USD) faces pressure as it attempts to extend its recent recovery.Fxstreet
Thu, Apr 24
EXPLAINER-Where is Crimea and why is it contested?
April 24 (Reuters) - The Crimean peninsula, which Russia seized from Ukraine in 2014, is at the centre of the worst East-West standoff since the Cold War.The issue led to another clash between U.S. President Donald Trump and President Volodymyr Zelenskiy on Wednesday. Trump chided the Ukrainian lea...Reuters
Thu, Apr 24
EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
Indian Rupee (INR) crosses trade on the front foot at the beginning of Thursday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 97.05, with the EUR/INR pair rising from its previous close at 96.57.Fxstreet
Thu, Apr 24
