News
Important Only
Today’s Market Recap: AI Panic Intensifies, Global Assets Fall Broadly
TradingKey - Ahead of the US CPI data release, AI-related panic intensified. Driven by deep-seated concerns that artificial intelligence will disrupt the business models of numerous industries, US stocks, commodities, and cryptocurrencies plummeted, while capital flowed into US Treasuries.
TradingKey
2 minutes ago
South Korea says it will prevent further drone flights into North Korea
SEOUL, Feb 13 (Reuters) - South Korea's Ministry of Unification said on Friday a recent incident of a drone flown into North Korea goes against its principle of peaceful coexistence with North Korea, and Seoul will work to prevent any recurrence. The ministry was responding to a statement made b...Reuters
4 minutes ago
CORRECTED-Canada's Definity Financial Q4 premiums rise
OverviewCanada insurer's Q4 gross written premiums rose 9.2% yr/yrCompany completed Travelers Transaction, enhancing market positionOutlookDefinity expects annual gross written premiums to reach C$6.3 bln post-Travelers acquisitionCompany anticipates strong operational outlook and increased divi...Reuters
4 minutes ago
Top Goldman Sachs lawyer Ruemmler resigns after Epstein disclosures
Feb 12 (Reuters) - Goldman Sachs GS.N general counsel Kathy Ruemmler has resigned, CEO David Solomon said on Thursday, after documents released by the U.S. Justice Department last month showed Ruemmler accepted gifts from late sex offender Jeffrey Epstein. "As one of the most accomplished profes...Reuters
6 minutes ago
EXCLUSIVE-Arizona sheriff blocks FBI access to evidence in Nancy Guthrie abduction, source says
U.S. official says evidence outsourced to Florida labReward for information solving case doubled to $100,000Sheriff criticized as being slow to call in FBIBy Jana WinterWASHINGTON, Feb 12 (Reuters) - An Arizona sheriff is blocking FBI access to key evidence in the investigation into the abduction of...Reuters
8 minutes ago
Top Goldman Sachs lawyer Kathy Ruemmler to resign over Epstein links, Financial Times reports
Feb 12 (Reuters) - Goldman Sachs GS.N general counsel Kathy Ruemmler said she will resign this summer after documents released by the U.S. Department of Justice revealed the extent of her ties with late sex offender Jeffrey Epstein, the Financial Times reported on Thursday.Ruemmler told the FT that ...Reuters
23 minutes ago
Japan says issues remain in finalising first deals under US trade package
By Makiko Yamazaki Feb 12 (Reuters) - Japan has agreed with the United States to accelerate talks on the first batch of deals under Japan's $550 billion investment package as some issues still need to be worked out, Trade Minister Ryosei Akazawa said on Thursday."As there remain areas whe...Reuters
30 minutes ago
US court blocks expanded merger disclosure rule
By Jody Godoy Feb 12 (Reuters) - A U.S. federal judge in Texas on Thursday blocked a rule that expanded the amount of information companies have to turn over when seeking a merger review, saying it exceeded the Federal Trade Commission's authority.The rule, finalized in 2024, provided antitru...Reuters
33 minutes ago
Shareholders Approve Removal Of Azul's Board Members, Election Of New Board
Feb 12 (Reuters) - Azul SA AZUL53.SA:SHAREHOLDERS APPROVED THE REMOVAL OF ALL BOARD MEMBERS - MEETING MINUTESSHAREHOLDERS APPROVED THE ELECTION OF A NEW BOARDSHAREHOLDERS APPROVED DAVID GARY NEELEMAN AS CHAIRMANSHAREHOLDERS APPROVED THE REVERSE STOCK SPLIT OF ALL COMMON SHARES AT A RATIO OF 75 TO 1A...Reuters
an hour ago
New Yorkers return Pride flag to Stonewall after Trump administration removed it
US Department of Interior declines to say whether it will remove flag againNew Yorkers took removal of flag as 'act of violence' by Trump administrationStonewall considered birthplace of the modern U.S. gay rights movementBy Aleksandra Michalska and Roselle Chen NEW YORK, Feb 12 (Reuters...Reuters
an hour ago
EXCLUSIVE-FBI blocked from key access to evidence in Nancy Guthrie abduction case, source says
By Jana WinterWASHINGTON, Feb 12 (Reuters) - An Arizona sheriff is blocking FBI access to key evidence in the investigation into the abduction of U.S. television journalist Savannah Guthrie's mother, impairing its ability to assist in the probe, a U.S. law enforcement official with knowledge of ...Reuters
an hour ago
Japan to accelerate talks with US for first deals under trade package
Feb 12 (Reuters) - Japan has agreed with the United States to accelerate talks on the first batch of deals under Japan's $550-billion investment package as some issues still need to be worked out, Trade Minister Ryosei Akazawa said on Thursday."As there remain areas where Japan and the Unite...Reuters
an hour ago
FBI increasing reward for information in Guthrie case to $100,000, releases new photos
Feb 12 (Reuters) - The FBI said on Thursday it was increasing the reward for information leading to the location of Nancy Guthrie, the mother of TV news anchor Savannah Guthrie, to $100,000 from $50,000.The agency also released new visuals, including photos of a backpack the suspect could be seen we...Reuters
an hour ago
RPT-BREAKINGVIEWS-Grab's US fintech foray is not as odd as it seems
By Katrina HamlinHONG KONG, Feb 12 (Reuters Breakingviews) - It's another step outside of its home market for Grab GRAB.O. The 14-year-old Southeast Asian ride-hailing and deliveries firm on Wednesday announced it will acquire a U.S. fintech startup. That is a bold move for a company that on the...Reuters
an hour ago
Trump's DOJ antitrust head steps down after turbulent tenure
Gail Slater aimed to promote "America first antitrust"Departure comes after clashes over corporate influenceLive Nation stock rose on Thursday, company faces March trialBy Jody Godoy Feb 12 (Reuters) - The head of the U.S. Justice Department's antitrust division stepped down on Thursd...Reuters
an hour ago
CORRECTED-BREAKINGVIEWS-Shopaholic Brad Jacobs engineers a novel bargain
By Jonathan GuilfordNEW YORK, Feb 12 (Reuters Breakingviews) - Nothing begets success like more success. Brad Jacobs, the quotidian M&A veteran, is using the formula for his latest deal at fledgling construction-supplies rollup QXO QXO.N. The $2.3 billion acquisition of lumber distributor Kodia...Reuters
an hour ago
