News
Important Only
US regional banks down as anxiety over trade war ramps up
** Shares of U.S. regional banks slide after investor anxiety shot up over tensions over tariff imposition** Regional banks such as Fifth Third Bancorp FITB.O, M&T Bank MTB.N, Keycorp KEY.N and Comerica CMA.N fall; Western Alliance WAL.N leads declines with a ~5% fall** The world's second l...Reuters
Wed, Apr 9
US Pacific commander to advocate 'most strongly' for USAID to Pacific Islands
WASHINGTON, April 9 (Reuters) - The head of U.S. forces for the Indo-Pacific, Admiral Samuel Paparo, said on Wednesday he would be advocating "most strongly" for the continuation of USAID funding to the Pacific Islands region, where U.S. influence is being contested by China.Asked at a congr...Reuters
Wed, Apr 9
Trump sued by Democrat he removed from US civil rights agency
April 9 (Reuters) - A Democratic former member of the federal agency that enforces U.S. laws banning workplace discrimination filed a lawsuit on Wednesday claiming her firing by President Donald Trump was illegal and seeking to be reinstated to her post.Jocelyn Samuels, one of two members of the Equ...Reuters
Wed, Apr 9
Russian attacks on Ukraine have only increased since ceasefire offer, EU's Kallas says
BRUSSELS, April 9 (Reuters) - Russia's attacks on Ukraine have only increased since a ceasefire offer was made in the war, European Union's top diplomat Kaja Kallas said on Wednesday after a meeting with Ukrainian Prime Minister Denys Shmyhal.Kallas said Ukraine would receive its first tranc...Reuters
Wed, Apr 9
Sustainable Finance Newsletter - Fear of tariffs plays out even among US guitar makers
By Ross Kerber April 9 (Reuters) - For my column this week I looked at the potential impact new U.S. tariffs could have on musical instrument sales, a small but telling slice of the economy.You can read more below, plus find links to stories about tariff-related comments from major CEOs. If you w...Reuters
Wed, Apr 9
UK 30-year gilt yields surge to highest since 1998 after US hikes China tariff
UK 30-year gilt yield hits highest since May 1998 at 5.649%Global selloff pushes UK 30-year yields up as much as 30 bpsShort-dated UK yields fall as investors bet on BoE rate cutsSome investors nervous about UK market liquidity, fiscal risksBy David Milliken LONDON, April 9 (Reuters) - British 30...Reuters
Wed, Apr 9
Universal to open first European theme park near London
Bedford, UK, chosen for Universal's first European parkComcast pledges jobs and investment Plans include several themed lands and 500-room hotel By Paul Sandle LONDON, April 9 (Reuters) - U.S. media giant Comcast Corp CMCSA.O has chosen an area north of London for its first Universal theme pa...Reuters
Wed, Apr 9
REFILE-Canada's 1970s superhero 'Captain Canuck' has resurgence thanks to Trump
Captain Canuck symbolizes Canadian independence, creator saysPolitical turmoil has Canadians turning to comic book heroCanuck also appears in animated series, has merchandise lineBy Matt McKnight and Zoe LawVANCOUVER, April 9 (Reuters) - U.S. President Donald Trump’s annexation threats and tariffs h...Reuters
Wed, Apr 9
ANALYSIS-Corporate credit tremors in aftershock of tariff-led stock rout
Corporate credit under scrutiny as recession odds shortenInvestors demanding wider spreads to cover rising default riskFew signs of panic so far but outflows, selloff seen likelyBy Naomi Rovnick, Harry Robertson and Sinead Cruise LONDON, April 9 (Reuters) - The tariff shock and recession fears th...Reuters
Wed, Apr 9
Scientists produce painstaking wiring diagram of a mouse's brain
Research involves brain tissue the size of a grain of sandMouse visual cortex similar to same region in humansBy Will Dunham WASHINGTON, April 9 (Reuters) - Neuroscientists have produced the largest wiring diagram and functional map of a mammalian brain to date using tissue from a part of a mouse...Reuters
Wed, Apr 9
Lightmatter shows new type of computer chip that could reduce AI energy use
By Stephen Nellis SAN FRANCISCO, April 9 (Reuters) - Silicon Valley startup Lightmatter revealed on Wednesday it had developed a new type of computer chip that could both speed up artificial intelligence work and use less electricity in the process.Valued at $4.4 billion after raising $850 millio...Reuters
Wed, Apr 9
Walmart reverses course to rise after maintaining annual forecast
** Shares of retail bellwether Walmart WMT.N reverse course from premarket losses to rise 3% in morning trade ** WMT reaffirms annual forecast and Q1 sales outlook, and says it aims to keep prices low even as President Donald Trump's tariffs fan fears of a recession ** Retailer adds during it...Reuters
Wed, Apr 9
Tariff anxiety boosted first-quarter personal computer shipments, Canalys says
April 9 - Global shipments of personal computers rose 9.4% in the first quarter of this year as PC makers boosted consignments to the United States in anticipation of President Donald Trump's sweeping tariffs, research firm Canalys said on Wednesday.WHY IT'S IMPORTANT As higher tariffs on mo...Reuters
Wed, Apr 9
Moon vs Mars: Trump's NASA pick faces tough questions on agency's future
By Joey RouletteWASHINGTON, April 9 (Reuters) - President Donald Trump's nominee to lead NASA, entrepreneur Jared Isaacman, will face questions from senators on Wednesday about on how to balance Trump's focus on reaching Mars with the U.S. space agency's flagship moon program.Isaacman, C...Reuters
Wed, Apr 9
Beazley’s Cox ‘sensing more competition’ but confident of healthy margins in 2025
By Michael LoneyApril 9 - (The Insurer) - Beazley CEO Adrian Cox has told The Insurer that he expects the company to produce “healthy” margins this year despite increased competition and wildfire losses, while also stating that the industry needs to price quickly for the impact of the U.S. tariffs. ...Reuters
Wed, Apr 9
China slaps restrictions on 18 US firms over Trump tariffs
By Eduardo Baptista BEIJING, April 9 (Reuters) - China's commerce ministry slapped restrictions on more than a dozen U.S. defence firms on Wednesday after President Donald Trump made good on his threat to impose an additional 50% tariff on Chinese imports.Beijing added 12 U.S. companies to a ...Reuters
Wed, Apr 9
Brit Re joins Association of Bermuda Insurers and Reinsurers
By Isha MaratheApril 9 - (The Insurer) - Fairfax Financial's Brit Re has joined the Association of Bermuda Insurers and Reinsurers, with the company's head of office Jonathan Stephenson appointed to the trade body's board of directors. ABIR, which has represented the public policy inter...Reuters
Wed, Apr 9
