News
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Markets boost bets on ECB cuts; biggest weekly rise since 1990s for US-German yield gap
Markets price in ECB depo rate at 1.65% level seen before Trump paused tariffsSelloff in US assets continuesECB to decide on rates next ThursdayBy Stefano Rebaudo and Yadarisa Shabong April 11 (Reuters) - Money markets have boosted their bets on more European Central Bank monetary easing to level...Reuters
Fri, Apr 11
Motor racing-All parties committed to 2026 F1 engine rules, says FIA
By Alan BaldwinSAKHIR, Bahrain, April 11 (Reuters) - Teams and manufacturers are committed to Formula One's new engine era from 2026 and will continue to discuss future options, the governing FIA said on Friday amid speculation about an eventual return to V10 or V8 engines using sustainable fuel...Reuters
Fri, Apr 11
Ukraine is ready to buy additional air defence systems, Zelenskiy says
KYIV, April 11 (Reuters) - President Volodymyr Zelenskiy said on Friday that Ukraine was ready to purchase additional air defence systems, adding that he discussed it with U.S. President Donald Trump. "Ukraine is not just asking - we are ready to buy appropriate additional systems," Zelensk...Reuters
Fri, Apr 11
Wells Fargo CFO Michael Santomassimo Says Certainly Probability Of Recession At Some Point Is Higher Than It Was -CNBC Interview
April 11 (Reuters) - WELLS FARGO CFO MICHAEL SANTOMASSIMO SAYS CERTAINLY THE PROBABILITY OF A RECESSION AT SOME POINT IS HIGHER THAN IT WAS -CNBC INTERVIEWReuters
Fri, Apr 11
DIARY-Canada corporate earnings week ahead
April 11 (Reuters) - Diary of Canada (.GSPTSE) corporate earnings for the week ahead CANADA EARNINGS Start DateStart Time (GMT)RICCompany NameEvent Name14-Apr-25AMCPSK.TOPrairiesky Royalty LtdQ1 2025 Prairiesky Royalty Ltd Earnings Release16-Apr-25BMOMRU.TOMetro IncQ2 2025 Metro Inc Earnings Re...Reuters
Fri, Apr 11
DIARY-U.S. earnings week ahead
April 11 (Reuters) - Diary of U.S. (.SPX) corporate earnings for the week ahead. ** Please Note - All times given are in U.S. EDT unless otherwise stated ** U.S. EARNINGS Start DateStart TimeRICCompany NameEvent Name14-Apr-2025BMOMTBM&T Bank CorpQ1 2025 M&T Bank Corp Earnings Releas...Reuters
Fri, Apr 11
US government 6-month credit default swap spreads widen
NEW YORK, April 11 (Reuters) - The short-term cost of insuring exposure to U.S. government debt climbed further on Friday in a sign of investor nervousness.Spreads on U.S. six-month credit default swaps (CDS) - market-based gauges of the risk of a default - widened to 70 basis points on Friday from ...Reuters
Fri, Apr 11
Germany's Merz set to be elected chancellor on May 6, sources say
BERLIN, April 11 (Reuters) - Friedrich Merz, leader of the conservative German party CDU is set to be elected chancellor on May 6, party sources said on Friday.The conservatives and their centre-left SPD partners had agreed on the date, party sources from both blocs added.Reuters
Fri, Apr 11
US judge rejects call to withdraw from real estate antitrust lawsuit
By Mike Scarcella April 11 (Reuters) - A federal judge in Missouri declined a request that he withdraw from hearing a major antitrust lawsuit after disclosures showed lawyers in the case previously donated to political campaigns involving the judge’s wife.In an order on Thursday, U.S. District Ju...Reuters
Fri, Apr 11
CORRECTED-Canadian exporters inquire on trade insurance as Trump's tariffs heighten risk
Allianz Trade in Canada seeing almost 10% jump in inquiries Trade credit insurance taken up by very few Canadian exportersUncertainty around tariffs holding up insurance salesInsurers expect higher demand in a few monthsBy Promit Mukherjee OTTAWA, April 10 (Reuters) - A little-known insurance pro...Reuters
Fri, Apr 11
WRAPUP 2-US bank profits rise, but executives raise more tariff warnings
Banks warn tariffs could slow economic growthExecutives highlight consumer and corporate caution amid tariff uncertaintyBanks report record revenue from stock tradingBy Nupur Anand, Saeed Azhar and Tatiana Bautzer NEW YORK, April 11 (Reuters) - Profits at major U.S. banks beat forecasts in the fi...Reuters
Fri, Apr 11
Lower oil prices could sink Ecopetrol's full-year profits by $2.8 billion, president warns
BOGOTA, April 11 (Reuters) - Lower oil prices could bring Colombian state-run oil firm Ecopetrol's profits down by up to 12 trillion pesos ($2.76 billion) this year, the company's president warned on Friday.Ecopetrol may also have to scrap production at some fields and focus on those with lo...Reuters
Fri, Apr 11
Germany's Merz set to be elected chancellor on May 6, source says
BERLIN, April 11 (Reuters) - Friedrich Merz, leader of the conservative German party CDU is set to be elected chancellor on May 6, a party source said on Friday.The source added that the conservatives and their centre-left SPD partners had agreed on the date.Reuters
Fri, Apr 11
Soccer-Man United don't have big enough squad to rotate, says Amorim
April 11 (Reuters) - The Premier League may have little left to offer Manchester United this season, while they are still involved in Europe, but they do not have a big enough squad to make wholesale changes, manager Ruben Amorim said on Friday.United's Europa League quarter-final tie is still v...Reuters
Fri, Apr 11
Russia designates Yeltsin-era foreign minister turned Putin critic a 'foreign agent'
MOSCOW, April 11 (Reuters) - Russia's justice ministry said on Friday it had designated Andrei Kozyrev, the country's first post-Soviet foreign minister who later became a fierce critic of President Vladimir Putin, as a "foreign agent".Kozyrev, who is 74 and lives in the United State...Reuters
Fri, Apr 11
CANADA RESEARCH ROUNDUP-Cogeco Communications, Manulife Financial, Sun Life Financial
April 11 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Cogeco Communications, Manulife Financial and Sun Life Financial on Friday.HIGHLIGHTS * Cogeco Communications Inc CCA.TO: RBC cuts target price to C$76 from C$78* Groupe Dynami...Reuters
Fri, Apr 11
PM panel: Continued MGA market growth expected with fundamental drivers not slowing
By Chris MunroApril 11 - (The Insurer) - The fundamental drivers that have driven the MGA and programs market’s growth in recent years remain in place, with the fast-evolving risk landscape set to spur further expansion in the segment, a panel of industry experts has suggested.On Wednesday, Program ...Reuters
Fri, Apr 11
US Air Force Academy under Trump ends race consideration in admissions
By Nate Raymond April 11 (Reuters) - The U.S. Air Force Academy will no longer consider race as a factor in admissions as the military school had long done to boost enrollment of Black, Hispanic and other minorities, U.S. President Donald Trump's administration said on Friday.The change was d...Reuters
Fri, Apr 11
