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Nurix Therapeutics Q1 loss widens on higher costs
OverviewUS biopharmaceutical firm's fiscal Q1 revenue fell sharply yr/yr as collaboration revenue declinedOperating expenses for fiscal Q1 rose, driven by higher personnel and clinical trial costsNet loss widened in fiscal Q1 compared to prior yearOutlookNurix plans to start a global Phase 3 tri...Reuters
Wed, Apr 8
Commodities
Hapag-Lloyd says a return to normal shipping will take 6-8 weeks once Middle East stabilises
Full network recovery would need 6-8 weeks if ceasefire holdsHapag CEO warns ongoing disruption, higher costsAbout 1,000 ships stuck in region, including six Hapag-Lloyd vesselsBy Elke Ahlswede and Ludwig Burger FRANKFURT, April 8 (Reuters) - Hapag-Lloyd voiced cautious optimism on Wednesday on t...Reuters
Wed, Apr 8
Stocks
LIVE MARKETS-EU banks' earnings outlook sturdier than share prices
STOXX 600 up 3.7%Oil and gas prices plummetTravel, banks rally, energy downNasdaq futures up over 3%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EU BANKS' EARNINGS OUTLOOK...Reuters
Wed, Apr 8
Other
Trump says he believes China got Iran to negotiate, AFP reports
WASHINGTON, April 7 (Reuters) - U.S. President Donald Trump told AFP on Tuesday that he believes China got Iran to negotiate a ceasefire in the war against Israel and the United States.The Chinese foreign ministry said on Wednesday that it welcomed the ceasefire, adding that China had made its own e...Reuters
Wed, Apr 8
Forex
Pound heads for biggest gain in three weeks after US/Iran ceasefire
LONDON, April 8 (Reuters) - The pound headed for its biggest one-day gain in three weeks on Wednesday, after the United States and Iran agreed to a two-week ceasefire that ignited a surge of optimism across global markets as oil prices slid. Sterling GBP=D3 is just 0.4% below where it was prior to t...Reuters
Wed, Apr 8
Stocks
EMERGING MARKETS-Emerging markets jump as U.S.-Iran truce sparks global relief rally
MSCI stock index jumps 5%, set for biggest daily gain since November 2022Oil prices drop 13%; EM bonds rally on fiscal pressures potentially easingCaution remains over conflict and inflation risks; central banks hold ratesVietnam set for $6 bln inflows after securing long-awaited emerging market sta...Reuters
Wed, Apr 8
Economic Indicator
Fed minutes of March meeting could flesh out how policymakers view war risks to economy
Fed officials raised 2026 inflation outlook due to oil shock from US-Iran warMinutes may reveal debate over risks to inflation versus growth and jobsFed on hold for now, citing uncertainty over impact of conflictBy Howard Schneider WASHINGTON, April 8 (Reuters) - U.S. Federal Reserve officials kn...Reuters
Wed, Apr 8
Other
Shah Capital intends to vote against Novavax's board nominees, executive compensation
By Sneha S K and Sriparna RoyApril 8 (Reuters) - Activist investor Shah Capital plans to vote against the re-election of board nominees and the executive compensation package at Novavax's NVAX.O upcoming annual meeting, renewing pressure for changes at the vaccine maker. In a letter to the co...Reuters
Wed, Apr 8
Other
Tecto plans new Brazil data centers, part of $2 billion investment
By Luciana Magalhaes and Leticia Fucuchima SAO PAULO, April 8 (Reuters) - Tecto Data Centers, backed by BTG Pactual's funds, is set to invest $2 billion through 2028, including the construction of five data centers in Brazil, the company told Reuters, adding to a wave of new data centers in L...Reuters
Wed, Apr 8
Stocks
DIARY-Federal Reserve Events
Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2026April 28-29 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)June 16-17 (second day: statement released 1400 ED...Reuters
Wed, Apr 8
Other
ANALYSIS-Evangelicals amplify Trump's religious framing of Iran war
Trump and allies use increasingly religious language to frame Iran war as support for conflict slipsEvangelical leaders amplifying message from the pulpitTrump is using Christian rhetoric as a political tool, some experts sayBy Nathan Layne and Tim Reid April 8 (Reuters) - President Donald Trump ...Reuters
Wed, Apr 8
Stocks
Volatility-linked funds put March US stock selling spree in the rearview mirror
Systematic funds cut equity exposure to historically lows levels, Nomura data showsNomura strategist says outlook is neutral, but more selling possible if volatility risesIf volatility moderates, funds could become net buyers by early May, Nomura estimatesBy Saqib Iqbal AhmedNEW YORK, April 8 (Reute...Reuters
Wed, Apr 8
Other
PREVIEW-US bank profits to rise on deals, but Iran war fuels outlook uncertainty
Robust dealmaking and M&A activity expected to boost investment banking feesBank executives warn Iran conflict, oil prices may affect loan growth and inflationBy Nivedita Balu April 8 (Reuters) - Large U.S. banks are set to post higher quarterly earnings on strong interest income and investme...Reuters
Wed, Apr 8
Other
Trump meets NATO chief as Iran war strains alliance
Trump, NATO chief Rutte meet amid tensions over Iran warUS president has threatened to withdraw from NATOEuropeans may support Hormuz operation after Iran ceasefireBy Trevor Hunnicutt and Lili Bayer WASHINGTON/BRUSSELS, April 8 (Reuters) - President Donald Trump welcomes NATO chief Mark Rutte to ...Reuters
Wed, Apr 8
Other
Vance says Iranians must negotiate in good faith to reach agreement
BUDAPEST, April 8 (Reuters) - If Iran is willing to negotiate with the United States in good faith, then an agreement to end the conflict in the Middle East is possible, U.S. Vice President JD Vance said on Wednesday."The President of the United States has told me, and he's told the entire n...Reuters
Wed, Apr 8
Stocks
Roth IRA Phaseouts for 2025: Are You Still Eligible to Contribute Before the April Deadline?
Key PointsThe deadline for contributing to a Roth IRA for 2025 is April 15, 2026.You may have to reduce your contribution if you earned over a certain amount in 2025.There's a loophole that could give you access to the Roth IRA even if you earned too much.The $23,760 Social Security bonus most retir...The Motley Fool
Wed, Apr 8
Commodities
German foreign minister urges Israel to limit Lebanon actions to 'necessary self-defence'
BERLIN, April 8 (Reuters) - German Foreign Minister Johann Wadephul told his Israeli counterpart in a phone call on Wednesday that Israel should limit its actions in Lebanon to only "necessary self-defence" against Hezbollah, according to a ministry spokesperson. "In a conversation with...Reuters
Wed, Apr 8
Other
Vance says Zelenskiy comments about Hungary's Orban were 'scandalous'
BUDAPEST, April 8 (Reuters) - U.S. Vice President JD Vance said on Wednesday that comments made by Ukrainian President Volodymyr Zelenskiy about Hungarian Prime Minister Viktor Orban after he blocked an European Union loan for Kyiv were "scandalous".Zelenskiy had implied that he could give ...Reuters
Wed, Apr 8
Other
Russia says it welcomes Iran ceasefire, hopes US will now resume Ukraine talks
MOSCOW, April 8 (Reuters) - The Kremlin on Wednesday welcomed a two-week ceasefire agreed between the United States and Iran, and said Russia hopes that the U.S. will now have the time and scope to resume three-way peace talks on Ukraine.In a call with reporters, Kremlin spokesman Dmitry Peskov said...Reuters
Wed, Apr 8
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