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Singapore's GIC inks deal with SAMHI as Indian hotelier looks to trim debt
By Hritam MukherjeeApril 24 (Reuters) - Singapore's sovereign wealth fund GIC will take 35% stakes in three individual units of SAMHI Hotels SAMH.NS for a total investment of 7.52 billion rupees ($88 million), as part of a joint plan to develop upscale hotels in India.The three units - SAMHI JV ...Reuters
Thu, Apr 24
Stocks
Azelis at all-time lows as costs, weak demand weigh on Q1
** Shares in chemicals company Azelis AZE.BR drop 12% to their lowest price ever after it missed Q1 expectations** Azelis reports Q1 revenue of 1.10 billion euros ($1.25 billion)** J.P.Morgan says Q1 organic revenue growth of 2.5% was below its estimates, weighed down by APAC region with weaker dema...Reuters
Thu, Apr 24
Technical Analysis
Canary Capital files for a staked SEI ETF in Delaware
Sei price (SEI) stabilizes near $0.19 at the time of writing on Thursday after rallying over 10% so far this week amid improved risk-on sentiment due to United States (US) President Donald Trump softening stance on the Federal Reserve (Fed) Chair Jerome Powell and China.Fxstreet
Thu, Apr 24
Stocks
Galderma stock climbs on strong Q1 Injectable Aesthetics performance
** Shares in Galderma GALD.S rise 5.7% after the company posted Q1 results that beat expectations, driven by higher sales, especially in its Injectable Aesthetics division** Sales in Injectable Aesthetics were up 9.9% y/y, which analysts at Jefferies and J.P. Morgan point to as 6% above consensus, d...Reuters
Thu, Apr 24
Stocks
Make These 3 Social Security Moves Now for Larger Checks Later
If you manage to accumulate millions of dollars in time for retirement, then you may not end up caring all that much about what Social Security pays you. But the typical retiree does not land in that boat.Many people enter retirement with modest savings and become heavily reliant on Social Security ...The Motley Fool
Thu, Apr 24
Stocks
Nestle India drops after on lower fourth-quarter profit
** Nestle India NEST.NS down 0.4% after fourth-quarter results, pulling back from declines of 2.2%** Co reports 5.2% drop in profit as high commodity costs put margins under pressure** Stock was up ~1% before results** Says prices of coffee and cocoa, key ingredients in its popular "Nescafe"...Reuters
Thu, Apr 24
Other
China, US have not held consultations on tariffs, foreign ministry says
BEIJING, April 24 (Reuters) - China and the U.S. have not held consultations or negotiations on tariffs, a Chinese foreign ministry spokesperson said on Thursday when asked to confirm reports about such talks.Reuters
Thu, Apr 24
Other
BP Marsh boosts alternative finance market exposure with 8% stake in iO Partners
By Ryan HewlettApril 24 - (The Insurer) - London-listed venture capital investor BP Marsh has paid 10 million pounds ($13.3 million) for an 8% shareholding in iO Partners, a new player in the alternative finance market.BP Marsh, which typically invests in the specialty insurance intermediary space, ...Reuters
Thu, Apr 24
Stocks
Kering shares down 5.42% after Q1 sales drop more than expected
PARIS, April 24 (Reuters) - Shares of Kering PRTP.PA dropped 5.42% at market open on Thursday, after the company reported first-quarter sales that came in below analysts' expectations.Kering on Wednesday evening reported a 14% annual decline in sales, with a 25% drop at flagship label Gucci, add...Reuters
Thu, Apr 24
Stocks
The S&P 500 Is Enduring Its 5th-Worst Start to a Year Since 1928. Here's What's Happened Next 100% of the Time Following Previous Double-Digit Declines.
For more than a century, the stock market has been making patient investors notably richer. However, there's a cost of admission that comes with putting your money to work on Wall Street... and it's called volatility.Following more than two years of nearly uninterrupted optimism, the mature-stock-dr...The Motley Fool
Thu, Apr 24
Economic Indicator
EUR/INR today: Indian Rupee cross rates edge higher at the start of the European session
Indian Rupee (INR) crosses trade on the front foot at the beginning of Thursday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 97.05, with the EUR/INR pair rising from its previous close at 96.57.Fxstreet
Thu, Apr 24
Stocks
Tech, autos boost Japan's Nikkei as trade war worries ease
By Kevin Buckland TOKYO, April 24 (Reuters) - Japan's Nikkei share average rose to a three-week high on Thursday, tracking a tech-led rally on Wall Street overnight, as the White House signalled a willingness to de-escalate its trade war with China.A Financial Times report that U.S. President...Reuters
Thu, Apr 24
Other
REFILE-Aid funding cuts disrupt child vaccinations almost as much as pandemic, says UN
Outbreaks of infectious diseases have been risingCOVID-19 caused biggest drop in childhood vaccinations in a generationAmid cuts, US has filled previously empty seat on Gavi boardBy Jennifer Rigby LONDON, April 24 (Reuters) - Global aid funding cuts, led by the United States, are disrupting effor...Reuters
Thu, Apr 24
Cryptocurrencies
Bitcoin Surpasses Realized Price Of Recent Buyers — Rally Incoming Or Double Top?
Recent positive price action has propelled Bitcoin (BTC) above the short-term holders’ realized price of $91,000. This development has prompted some crypto analysts to question whether BTC’s newfound strength is sustainable – or merely a bull trap ahead of a major pullback. Is Bitcoin About To...NewsBTC
Thu, Apr 24
Other
Carriers hit back at fossil fuel investment figures
By Rebecca DelaneyApril 24 - (The Insurer) - Insurers have hit back after a report by a new environmental campaign group slammed five carriers for allegedly holding more than $6.5 billion of investments in fossil fuel majors.The newly launched group, Boycott Bloody Insurance, conducted an analysis o...Reuters
Thu, Apr 24
Stocks
UK Stocks-Factors to watch on April 24
April 24 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Thursday, with futures FFIc1 largely unchanged.* UNILEVER: Unilever ULVR.L beat estimates for first-quarter underlying sales growth and reaffirmed its full-year 2025 outlook. * ANGLO AMERICAN: Global miner Anglo Ameri...Reuters
Thu, Apr 24
Commodities
Anglo American Platinum Sees 2025 M&C And Refined Production Of 3.0-3.4 Mln PGM Ounces
April 24 (Reuters) - Anglo American Platinum Ltd AMSJ.J:JSE: AMS - PGMS PRODUCTION REPORT FOR THE FIRST QUARTER ENDING 31 MARCH 2025ANGLO AMERICAN PLATINUM LTD: 2025 M&C AND REFINED PRODUCTION GUIDANCE OF 3.0-3.4 MILLION PGM OUNCESANGLO AMERICAN PLATINUM LTD - TRADING ON LSE TO START UNDER TICKE...Reuters
Thu, Apr 24
Economic Indicator
BREAKINGVIEWS-US-China trade deal would be tricky and tenuous
By Una Galani HONG KONG, April 24 (Reuters Breakingviews) - Donald Trump and Xi Jinping have an interest coming to the negotiating table. The U.S. president’s 145% additional tariff on many Chinese goods, and his counterpart in Beijing’s corresponding 125% charge, are unsustainable. The problem i...Reuters
Thu, Apr 24
