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Commodities
US natgas prices fell 2% to 5-month low on mild weather, low demand
U.S. LNG export feedgas on track to hit record high in AprilU.S. gas output on track to hit record high in AprilU.S. gas storage about 2% below five-year averageBy Scott DiSavinoApril 25 (Reuters) - U.S. natural gas futures fell about 2% to a five-month low on Friday on forecasts for mild weather th...Reuters
Fri, Apr 25
Other
India's Maruti Suzuki plans up to $1 bln capex for new EV launch, higher exports
Maruti Suzuki plans capex of 80-90 billion rupees India's top carmaker to produce 70,000 EVs this fiscal year, mostly for exportMaruti's exports to grow by 20% amid domestic sales slowdownBy Meenakshi Maidas and Nandan Mandayam April 25 (Reuters) - India's top carmaker Maruti Suzuki M...Reuters
Fri, Apr 25
Other
Carney says he has not looked directly at Canada's federal luxury tax
SAULT STE. MARIE, Ontario, April 25 (Reuters) - Canadian Prime Minister Mark Carney on Friday said he had not looked directly at a federal 10% tax on business jets made by plane maker Bombardier and other luxury goods."In the grand scheme of things it is not ... that important," he told repo...Reuters
Fri, Apr 25
Commodities
Trump reiterates that he spoke with China's Xi, offers no details
WASHINGTON, April 25 (Reuters) - U.S. President Donald Trump on Friday said he had spoken with Chinese President Xi Jinping numerous times but did not say when the two leaders last talked or what topics they discussed. Asked whether he has spoken with Xi since enacting his tariff plan, Trump ...Reuters
Fri, Apr 25
Stocks
Charter Communications gains after Q1 revenue beat
** Broadband and cable TV provider Charter Communications' CHTR.O shares rise 9.2% to $366.18** Company reports Q1 revenue of $13.74 billion, beating analysts' average estimate of $13.68 bln, according to data compiled by LSEG** Adds 514,000 mobile lines during Q1, higher than the growth of ...Reuters
Fri, Apr 25
Other
Indian airlines to suffer higher costs, detours in ban from Pakistan airspace
Pakistan-India tensions take toll on top Indian airlines Flights to take longer routes after Pakistani airspace shut Indian pilot says flying hours, rosters will need to be reworkedIndian airlines suffered losses in 2019 due to similar moveBy Abhijith Ganapavaram, Aditya Kalra and Aditi Shah NEW ...Reuters
Fri, Apr 25
Other
Motor racing-McLaren to exit Formula E at end of the season
McLaren to focus on F1, IndyCar and Endurance seriesTeam looking to continue with new partner By Alan BaldwinLONDON, April 25 (Reuters) - McLaren will exit the all-electric Formula E championship at the end of the 2024-25 season to focus on Formula One, IndyCar and a new hypercar project from 2027 i...Reuters
Fri, Apr 25
Cryptocurrencies
Cantor Equity shares rally amid retail investor fervor for bitcoin
April 25 (Reuters) - Shares of blank-check firm Cantor Equity Partners CEP.O surged 29% on Friday, extending a scorching rally from their previous session, as retail investors hoping to capitalize on the growing interest in bitcoin flocked to the stock.The stock had the ninth-highest message volumes...Reuters
Fri, Apr 25
Other
EXCLUSIVE-US pharma tariffs would raise US drug costs by $51 bln annually, report finds
Report commissioned by US pharma lobby PhRMAWarns 25% pharma tariff would add $51 bln a year to US drug costs - report estimatesIf fully passed on, tariffs would boost US drug prices by 12.9%Trump administration has launched probe on pharma importsTrump wants to lure pharma companies to expand outpu...Reuters
Fri, Apr 25
Stocks
Colgate-Palmolive up after raising sales forecast, upbeat quarter
** Toothpaste maker Colgate-Palmolive's CL.N shares up as much as 3.4% at $95.81 in early trade** Co. raises its annual sales forecast after beating estimates for Q1 net sales and adjusted EPS** Forecasts low-single-digits growth for annual sales, compared with prior expectation of flat sales** ...Reuters
Fri, Apr 25
Other
Microsoft Is Planning To Use Third-Party Firms To Handle More Sales Of Software To Small And Mid-Size Customers- Bloomberg News
April 25 (Reuters) - Microsoft Corp MSFT.O:MICROSOFT IS PLANNING TO USE THIRD-PARTY FIRMS TO HANDLE MORE SALES OF SOFTWARE TO SMALL AND MID-SIZE CUSTOMERS- BLOOMBERG NEWSSource: https://tinyurl.com/2n7nx8u4Reuters
Fri, Apr 25
Other
Cyber annual growth rate of more than 10% expected for next five years
By Michael LoneyApril 25 - (The Insurer) - While growth has slowed in recent years, the global cyber insurance market is still expected to record double-digit growth in the next five years.In a report released in April, Munich Re forecast that global cyber insurance premiums would reach $16.3 billio...Reuters
Fri, Apr 25
Stocks
LIVE MARKETS-US stocks strive for strong weekly gains
Nasdaq, S&P 500 up slightly, Dow edges redApr UMich sentiment final due at 1000 EDT; Estimate 50.8Euro STOXX 600 index up ~0.5%Dollar up; bitcoin rises ~1%; crude dips; gold off >2%U.S. 10-Year Treasury yield dips to ~4.28%Welcome to the home for real-time coverage of markets brought to you b...Reuters
Fri, Apr 25
Stocks
Meet the Latest Supercharged AI Stock I Bought During the Stock Market Downturn
There are plenty of stocks on sale right now with the market well off its all-time highs. One of the stocks I added to my portfolio a while back due to lower prices was Broadcom (NASDAQ: AVGO), although its price today is lower than when I purchased it. I'd still consider adding to my position today...The Motley Fool
Fri, Apr 25
Stocks
AppFolio tumbles after first rev miss in four years
** AppFolio Inc's APPF.O shares down 14.6% to $200.33 early Fri after property management software provider reported rare top-line miss** APPF shares hit about 6-mth low and tracking biggest daily pct decline since March 2021** Santa Barbara, California-based firm, which offers solutions to the ...Reuters
Fri, Apr 25
Other
Beazley confident North America business will grow more this year
By Michael LoneyApril 25 - (The Insurer) - Beazley expects to grow more in North America this year while continuing to expand elsewhere despite “brittle” cyber market conditions, CEO Adrian Cox told Cyber Risk Insurer.In an interview, Cox said that he expects growth in the cyber market, in which Bea...Reuters
Fri, Apr 25
Other
Apple moving to make most iPhones for US in India rather than China, source says
Apple shifting production of iPhones for US mkt to India from ChinaAims for India to make most iPhones sold in US by end 2026 -sourceApple trying to navigate potentially higher US tariffs on ChinaBy Munsif Vengattil BENGALURU, April 25 (Reuters) - Apple AAPL.O aims to make most of its iPhones sol...Reuters
Fri, Apr 25
Stocks
Street View: Promising new frontiers ahead for Bristol Myers
** Bristol Myers Squibb BMY.N reported higher-than-expected first-quarter revenue on Thursday and raised its full-year forecast due to growth from its portfolio of drugs that spur a patient's immune system to fight cancer.** Median PT of 28 brokerages covering the stock is $56 - data compiled by...Reuters
Fri, Apr 25
Other
Blackbaud ruling brings cyber subrogation into focus
By Michael LoneyApril 25 - (The Insurer) - A Delaware state court judge has dismissed amended complaints from insurers looking to recover expenses paid to insureds related to a ransomware attack on Blackbaud.The Superior Court of the State of Delaware dismissed the insurers’ original complaint in Ma...Reuters
Fri, Apr 25
