News
Important Only
Travelers Q1 Total Revenue $11.81 Billion Versus Ibes Estimate $10.83 Billion
April 16 (Reuters) - Travelers Companies Inc TRV.N:TRAVELERS Q1 CORE EPS $1.91 VERSUS IBES ESTIMATE $0.78TRAVELERS Q1 CATASTROPHE LOSSES OF $2.27 BILLION PRE-TAX, WITH $1.73 BILLION IN CALIFORNIA WILDFIRES LOSSESTRAVELERS Q1 TOTAL REVENUE $11.81 BILLION VERSUS IBES ESTIMATE $10.83 BILLIONTRAVELERS Q...Reuters
Wed, Apr 16
Lyft Acquires FreeNow From BMW Group & Mercedes-Benz Mobility For About €175 Million
April 16 (Reuters) - Lyft:LYFT: TO ACQUIRE FREENOW FROM BMW GROUP & MERCEDES-BENZ MOBILITY FOR ABOUT €175 MILLION TO EXPAND IN EUROPELYFT: DEAL FINANCED WITH AVAILABLE CASH ON HAND, EXPECTED TO CLOSE IN H2Reuters
Wed, Apr 16
Woodside Energy Group Says In Discussions With Uniper For Potential LNG Supply
April 16 (Reuters) - Woodside Energy Group Ltd WDS.AX:WOODSIDE ENERGY GROUP LTD - IN DISCUSSIONS WITH UNIPER FOR POTENTIAL LNG SUPPLYWOODSIDE ENERGY - DISCUSSIONS BETWEEN PARTIES ARE ONGOING AND INCOMPLETE AND NO FINAL AGREEMENT HAS BEEN REACHED ON TERMSReuters
Wed, Apr 16
Tiktok Announces The Tests Of Footnotes
April 16 (Reuters) - TikTok: TIKTOK- ANNOUNCING THE TESTS OF FOOTNOTESTIKTOK: TO START, FOOTNOTES FEATURE WILL BE TESTED IN THE U.S. FOR SHORT FORM VIDEOS - BLOGTIKTOK: FOOTNOTES WILL ALLOW PEOPLE TO ADD RELEVANT INFORMATION TO CONTENT ON OUR PLATFORMTIKTOK: U.S. USERS CAN APPLY TO BE FOOTNOTES CONT...Reuters
Wed, Apr 16
AI-generated music accounts for 18% of all tracks uploaded to Deezer
April 16 (Reuters) - About 18% of songs uploaded to Deezer DEEZR.PA are fully generated by AI, the French streaming platform said on Wednesday, underscoring the technology's growing use amid copyright risks and fair payouts to artists.Deezer said more than 20,000 AI-generated tracks are uploaded...Reuters
Wed, Apr 16
CORRECTED-Euro zone bonds continue to benefit from market jitters, yields fall
LONDON, April 16 (Reuters) - Euro zone government bond yields dipped on Wednesday, outperforming U.S. Treasuries as a new burst of risk aversion across assets pushed investors back towards European safe havens.Germany's 10-year bond yield was down 5 basis points at 2.50%, its lowest in slightly ...Reuters
Wed, Apr 16
Fitch Expects Fed to Delay Rate Cuts Until 4Q25
April 16 (Reuters) - Fitch: FITCH: STILL EXPECTS FEDERAL RESERVE TO WAIT UNTIL 4Q25 BEFORE CUTTING RATES DESPITE DETERIORATING US GROWTH OUTLOOKFITCH: WE NOW EXPECT DEEPER RATE CUTS FROM ECB AND IN EMERGING MARKETSFITCH: EXPECT SOME ADDITIONAL US TARIFF REVENUES TO BE RECYCLED BACK INTO US ECONOMY O...Reuters
Wed, Apr 16
Auradine Secures $153 Million In Series C Financing To Advance Future Of Blockchain & AI Infrastructure
April 16 (Reuters) - Auradine:AURADINE SECURES $153 MILLION IN SERIES C FINANCING TO ADVANCE THE FUTURE OF BLOCKCHAIN AND AI INFRASTRUCTUREAURADIN: ROUND WAS LED BY STEPSTONE GROUP & INCLUDED PARTICIPATION FROM MAVERICK SILICON, PREMJI INVEST, AMONG OTHERSReuters
Wed, Apr 16
Travelers CEO: Direct impacts from tariffs 'manageable'
By David BullApril 16 - (The Insurer) – Travelers CEO Alan Schnitzer told analysts that the most significant effect of tariffs on the insurer’s underwriting portfolio will be physical damage repair costs, primarily in its private passenger auto book, as he said that “as far as direct impacts go, we ...Reuters
Wed, Apr 16
Use of AI increases accuracy in predictions of ECB moves, DIW says
BERLIN, April 16 (Reuters) - The use of artificial intelligence will increase accuracy when predicting the monetary policy moves of the European Central Bank, a study by the German Institute for Economic Research DIW Berlin said on Wednesday. Researchers analysed the ECB's communications from Ja...Reuters
Wed, Apr 16
Tesla's first-quarter registrations in California fell 15%, industry data shows
April 16 (Reuters) - Tesla's TSLA.O electric vehicle registrations in California dropped 15.1% during the first quarter, according to industry data, signaling growing challenges for the Elon Musk-led automaker in the crucial U.S. market.Reuters
Wed, Apr 16
Ford's China business made $900 million last year
By Nora Eckert DETROIT, April 16 (Reuters) - Ford Motor's F.N China business, including exports from the country, made $900 million in earnings before interest and taxes last year, one of the automaker's top executives said on Wednesday.John Lawler, Ford's vice chair and former chief ...Reuters
Wed, Apr 16
CANADA RESEARCH ROUNDUP-Bombardier, Chorus Aviation, Exchange Income
April 16 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Bombardier, Chorus Aviation and Exchange Income, on Wednesday.HIGHLIGHTS * Bombardier BBDb.TO: RBC cuts target price to C$101 from C$116* Chorus Aviation Inc CHR.TO: RBC cuts tar...Reuters
Wed, Apr 16
Mexico's Sheinbaum says country will not renew diplomatic relations with Ecuador
MEXICO CITY, April 16 (Reuters) - Mexican President Claudia Sheinbaum said Wednesday that Mexico would not renew diplomatic relations with Ecuador as long as Ecuadorean President Daniel Noboa remains in office. The rift is a result of Ecuador's raid on the Mexican embassy in Quito in April of 20...Reuters
Wed, Apr 16
Aon: Canadian P&C market resilient in face of cats and geopolitical risks
By Chris MunroApril 16 - (The Insurer) - Canada’s P&C market remains well capitalized with healthy competition and ample capacity, even in the wake of the record C$9.1 billion ($6.5 billion) of insured catastrophe losses that the country suffered in 2024, Aon has outlined in a new report.In Aon’...Reuters
Wed, Apr 16
AP accuses Trump White House of defying court order restoring access
AP says reporters still excluded from White House eventsJudge found news agency faced retaliation over use of Gulf of Mexico nameWhite House appealing court ruling By Andrew Goudsward WASHINGTON, April 16 (Reuters) - The Associated Press accused aides to President Donald Trump of defying a court ...Reuters
Wed, Apr 16
World Bank's Banga calls for liberalization of trade in developing countries
WASHINGTON, April 16 (Reuters) - World Bank President Ajay Banga on Wednesday urged developing countries to lower tariffs and liberalize trade, noting that many developing countries had high tariffs and lowering them could offset the risk of reciprocal tariffs.Banga told reporters global uncertainty...Reuters
Wed, Apr 16
Iran says its right to uranium enrichment is non-negotiable
US-Iran talks began last weekend in Oman, second round to be held in Rome on SaturdayTrump has repeatedly threatened military action against Iran if no deal resultsIranian foreign minister rejects demand by Trump's top negotiator that it scrap uranium enrichmentSays Iran ready to build trust ove...Reuters
Wed, Apr 16
