News
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German bond yields near multi-year highs on inflation fears
Money markets fully price in a rate hike by JulyEconomists wary of ECB hiking rates soonItalian and French spreads widenBy Stefano Rebaudo March 12 (Reuters) - German government bond yields were hovering around their multi-year highs on Thursday after markets boosted bets on European Central Bank...Reuters
Thu, Mar 12
JPMorgan's markdown to restrict lending to private credit firms, source says
By Saeed Azhar and Ateev Bhandari March 12 (Reuters) - A move by JPMorgan Chase JPM.N to mark down the value of certain loans to private credit players will reduce lending to the funds, a source familiar with the matter said.The move from the largest U.S. lender extends a flurry of jitters across...Reuters
Thu, Mar 12
FBI alert on possible Iran retaliation based on unverified tip, White House says
By Daphne Psaledakis WASHINGTON, March 12 (Reuters) - An FBI alert to law enforcement agencies last month warning of the possibility that Tehran might try to retaliate for any U.S. strikes on Iran by launching drone attacks in California was based on a single unverified tip, White House press sec...Reuters
Thu, Mar 12
Prediction markets need more oversight, clearer rules, CME's Duffy says
CME's Duffy says clearer laws needed to distinguish outcome-based contracts and gamblingLawmakers working on bill to rein in platforms like Polymarket, Kalshi Duffy says prediction markets issue could end up in front of Supreme Court By Anirban Sen BOCA RATON, Florida, March 12 (Reuters) - Pr...Reuters
Thu, Mar 12
Adobe sued for trademark infringement over 'Foundry' AI tool
By Blake Brittain March 12 (Reuters) - British visual-effects software company The Foundry Visionmongers has sued Adobe ADBE.O in California federal court, arguing Adobe's Firefly Foundry suite of generative artificial intelligence tools violates its trademark rights in the "Foundry" ...Reuters
Thu, Mar 12
COLUMN-Ted Frank's turnaround: Driving a class action for motorists 'imprisoned' by a protest
By Jenna Greene March 12 (Reuters) - Ted Frank, a conservative public interest lawyer in Washington, D.C., has built a reputation objecting to the terms of class action settlements that he says provide scant benefits to plaintiffs but richly reward their lawyers.In a twist, Frank and colleagues a...Reuters
Thu, Mar 12
US appeals court throws out injunction against California law on children's online safety
March 12 (Reuters) - A federal appeals court on Thursday threw out an injunction that had blocked California from enforcing a state law meant to shield children from online content that could harm them mentally or physically.The 9th U.S. Circuit Court of Appeals said the trade group NetChoice was un...Reuters
Thu, Mar 12
Unilever CEO Fernando Fernández Set For EUR1.6 Mln Base Pay From Jan 2026
March 12 (Reuters) - Unilever PLC ULVR.L:UNILEVER PLC - ANNUAL FINANCIAL REPORTUNILEVER CEO FERNANDO FERNANDEZ 2025 REMUNERATION EUR 5.6 MILLION - ANNUAL REPORTUNILEVER: EFFECTIVE 1 JANUARY 2026, CEO FERNANDO FERNANDEZ BASE SALARY EUR1.6 MILLIONReuters
Thu, Mar 12
Sagtec To Acquire 60% Stake In Malaya Heritage
March 12 (Reuters) - Sagtec Global Ltd SAGT.O:SAGT TO ACQUIRE 60% MAJORITY STAKE IN FAST-GROWING F&B CHAIN MALAYA HERITAGE, EXPANDING REVENUE BASE AND ENTERING THE MULTI-BILLION GLOBAL RESTAURANT INDUSTRYSAGTEC GLOBAL LTD - DEAL VALUED AT USD 3.0 MILLIONSAGTEC GLOBAL LTD - INVESTMENT PROJECTED T...Reuters
Thu, Mar 12
Microsoft EVP Rajesh Jha To Transition Out July 1, Remain Advisor
March 12 (Reuters) - Microsoft Corp MSFT.O:MICROSOFT - RAJESH JHA, EXECUTIVE VP, EXPERIENCES + DEVICES TO TRANSITION OUT ON JULY 1 AND STAY IN ADVISORY ROLEMICROSOFT - JEFF TEPER APPOINTED EVP, SUMIT CHAUHAN AND KIRK KOENIGSBAUER TO PRESIDENT OF EXPERIENCES + DEVICESReuters
Thu, Mar 12
Global art market returns to growth, upbeat for 2026, UBS report says
March 12 (Reuters) - The global art market returned to growth in 2025 for the first time in three years, and the industry is gaining in optimism, an annual report by Swiss bank UBSUBSG.S and Art Basel showed on Thursday.After the market's sales grew 4% in 2025 to an estimated $59.6 billion, 43% ...Reuters
Thu, Mar 12
UK gilts scorched again as Iran war rages, BoE rate hike bets rise
By Andy Bruce MANCHESTER, England, March 12 (Reuters) - British government bonds slumped again on Thursday, and the escalating conflict in Iran pushed investors back to pricing in a Bank of England rate hike this year amid worries about Britain's vulnerability to the energy price shock. ...Reuters
Thu, Mar 12
Sunday Said It Has Raised Oversubscribed $165 Mln Series B Funding Round At $1.15 Bln Valuation
March 12 (Reuters) - SUNDAY: SUNDAY: ANNOUNCED IT HAS RAISED OVERSUBSCRIBED $165 MILLION SERIES B FUNDING ROUND AT A $1.15 BILLION VALUATIONSUNDAY: SERIES B ROUND WAS LED BY COATUE, WITH THOMAS LAFFONT JOINING BOARD, TEAM ALSO WELCOMES BAIN CAPITAL VENTURES, TIGER GLOBAL AMONG OTHERSReuters
Thu, Mar 12
Gunman at Virginia university shot dead after injuring two
March 12 - A gunman opened fire on Thursday morning at Old Dominion University in Norfolk, Virginia, injuring two people before being shot dead, according to the university.In an emergency alert, the university said the two injured individuals were transported to hospital and classes and campus oper...Reuters
Thu, Mar 12
