News
Important Only
Commodities
EU wheat stuck at lows as harvest optimism outweighs export hopes
April 29 - Euronext wheat edged down to new contract lows on Tuesday as favourable crop conditions in much of the Northern Hemisphere kept attention on ample supply and tempered talk of low prices stirring export demand for French wheat.September wheat BL2U5, the most active position on Euronext'...Reuters
Tue, Apr 29
Other
US Supreme Court sides with HHS in dispute over reimbursement for needy patients
By Diana Novak JonesApril 29 (Reuters) - The U.S. Supreme Court on Tuesday sided with the U.S. Department of Health and Human Services in a lawsuit brought by more than 200 hospitals that serve low-income populations that had challenged the government’s method of determining the hospitals’ compensat...Reuters
Tue, Apr 29
Commodities
US Cash Grains-Corn bids mixed, soy flat as planting progresses
CHICAGO, April 29 (Reuters) - Spot basis bids for corn were mixed while soybean basis bids were flat in the U.S. Midwest on Tuesday as selling remained slow and farmers remained focused on ongoing fieldwork, dealers said.Spot corn basis bids rose at an Ohio elevator and an Iowa ethanol plant and dec...Reuters
Tue, Apr 29
Other
UN chief speaks with Pakistan, India amid tensions
UNITED NATIONS, April 29 (Reuters) - United Nations Secretary-General Antonio Guterres spoke separately on Tuesday with Pakistan's Prime Minister Muhammad Shebaz Sharif and India's Foreign Minister Subrahmanyam Jaishankar, a U.N. spokesperson said."The Secretary-General also expressed hi...Reuters
Tue, Apr 29
Stocks
Pfizer beats quarterly profit beat, maintains 2025 forecast; shares rise
** Pfizer's PFE.N shares rise 4.4% to $24.06 ** Stock set for its biggest single-day pct. jump in nearly 4 months, if gains hold ** PFE posts Q1 adj. EPS of $0.92, beating analysts' estimates of $0.67, according to data compiled by LSEG** PFE's Q1 revenue misses estimates due to dec...Reuters
Tue, Apr 29
Cryptocurrencies
Trump’s first 100 days in office, crypto suffers despite POTUS promises
Trump’s victory was seen as Crypto’s victory due to his pro-crypto initiative. To that end, the first 100 days were meant to help the crypto industry. However, Trump’s trade war with the rest of the world has had the most immediate effect on crypto markets. Prices have been volatile due to worry and doubt about […]Cryptopolitan
Tue, Apr 29
Commodities
Europe Gasoline/Naphtha-Gasoline margins hold steady
LONDON, April 29 (Reuters) - Northwest European gasoline profit margins were broadly steady on Tuesday, holding near their highest since early August, even as Spanish refineries that were hit by a widespread power blackout began to return online. Trafigura and Litasco sold Eurobob E5 barges to BMV ...Reuters
Tue, Apr 29
Other
Fitch Says Mass Deportations Will Likely Increase Labor Costs For Several U.S. Sectors
April 29 (Reuters) - Fitch:FITCH: MASS DEPORTATIONS WILL LIKELY INCREASE LABOR COSTS FOR SEVERAL U.S. SECTORSFITCH: ON A STANDALONE BASIS, MASS DEPORTATIONS ARE NOT LIKELY TO LEAD TO WIDE-SPREAD NEGATIVE RATING ACTIONS FOR SEVERAL U.S. SECTORSFITCH: CONSTRUCTION-RELATED SECTORS, MEAT PROCESSORS ARE ...Reuters
Tue, Apr 29
Stocks
Brinker slides despite Q3 results beat, forecast raise
** Shares of Chilli's owner Brinker International EAT.N slide almost 13.9% to $138.43 despite Q3 results beat, forecast raise** Jim Sanderson, analyst at Northcoast Research, says the big issue for the co is sustainability and whether Chilli's can sustain this level of outperformance with co...Reuters
Tue, Apr 29
Stocks
Paintmaker Sherwin-Williams reports first-quarter beat boosted by higher prices
April 29 (Reuters) - Sherwin-Williams SHW.N on Tuesday beat Wall Street estimates for first-quarter profit, helped by higher prices for its industrial paints, sending the company's shares up 5%. Sales of U.S. single-family homes increased more than expected in March as buyers rushed to ta...Reuters
Tue, Apr 29
Other
Universal Music first-quarter revenue grows with concerts, vinyl sales
April 29 (Reuters) - Universal Music Group UMG.AS beat first-quarter sales expectations on Tuesday, saying more people went to concerts, bought vinyl records and subscribed to its digital services.The world's biggest music label, whose artists include Taylor Swift, BTS and Drake, said revenues g...Reuters
Tue, Apr 29
Stocks
US STOCKS-Wall Street choppy as markets juggle trade war news, mixed earnings
Indexes up: Dow 0.61%, S&P 500 0.25%, Nasdaq 0.15%Honeywell, Sherwin-Williams lift Dow General Motors pulls forecast on tariff uncertainty HSBC slashes S&P 500 year-end targetBy Lisa Pauline Mattackal and Purvi Agarwal April 29 (Reuters) - Wall Street's main indexes moved higher in vo...Reuters
Tue, Apr 29
Commodities
EXPLAINER-What could be behind the Iberian power outage?
By Nina Chestney LONDON, April 29 (Reuters) - The hunt has begun for the cause of a massive blackout across Spain, Portugal and parts of France that halted trains, bank machines and traffic lights, in one of Europe's biggest ever power system collapses. CYBER ATTACK?Spanish grid operator ...Reuters
Tue, Apr 29
Other
Golf-Snedeker and Ogilvy named captains for 2026 Presidents Cup
April 29 (Reuters) - Brandt Snedeker and Australia's Geoff Ogilvy have been named as captains of the U.S. and International Teams, respectively, on Tuesday for the 2026 edition of the Presidents Cup at Medinah Country Club outside Chicago.Snedeker, a nine-times winner on the PGA Tour who was the...Reuters
Tue, Apr 29
Forex
Argentina's FX rates converge as Milei seeks stronger peso
BUENOS AIRES, April 29 (Reuters) - Argentina's foreign exchange rates converged on Tuesday to their closest points since 2019 following the recent easing of the country's exchange rate policy and an agreement with the International Monetary Fund. The gap between the official and the black ma...Reuters
Tue, Apr 29
Other
Italy's Maire sure to increase 2025 guidance, CEO says
April 29 (Reuters) - Maire SpA MTCM.MI:CEO Alessandro Bernini says in a post-results conference call:ITALY'S MAIRE CEO: WILL SURELY INCREASE 2025 GUIDANCE, BUT TOO EARLY TO SAY BY HOW MUCHITALY'S MAIRE CEO: TRADE TARIFFS ANNOUNCED AS OF TODAY WILL NOT AFFECT US NOR NOW NOR IN THE FUTUREReuters
Tue, Apr 29
Stocks
PREVIEW: Visa shares rise ahead of quarterly earnings
** Visa's V.N shares up 0.7% to $339.88 on Tues ahead of the credit card giant's quarterly results due after markets close ** Consumer spending, which is partly fueled by credit, has been hampered by still-high inflation as well as worries about the impact of tariffs on the economy** Wall St...Reuters
Tue, Apr 29
Other
U.S. House Subcommittee Hearing on Deep-Sea Mining
April 29 (Reuters) - TMC THE METALS COMPANY TMC.O CEO GERARD BARRON TELLS U.S. CONGRESSIONAL HEARING THAT DEEP-SEA MINING INDUSTRY AT 'INFLECTION POINT' AND 'ONE OF CHINA'S CORE RESOURCE STRATEGIES'CEO: SPECULATION ABOUT DEEP-SEA MINING'S ECONOMIC VIABILITY FUELED BY ACTIVIST...Reuters
Tue, Apr 29
Commodities
EU wheat stuck near lows as harvest optimism outweighs export hopes
April 29 - Euronext wheat hovered near contract lows on Tuesday as favourable crop conditions in much of the Northern Hemisphere kept attention on ample supply and tempered talk of low prices stirring export demand for French wheat.September wheat BL2U5, the most active position on Euronext's Pa...Reuters
Tue, Apr 29
Other
Pentagon chief cancels program on women in security that was signed into law by Trump
By Idrees Ali and Phil Stewart WASHINGTON, April 29 (Reuters) - U.S. Defense Secretary Pete Hegseth on Tuesday canceled a program that promoted the contributions of women in national security sectors, even though it was signed into law by President Donald Trump in 2017 and has been championed by ...Reuters
Tue, Apr 29
