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Helvetia-Baloise cost synergies imply 1,600 headcount reduction: Berenberg
By Scott VincentApril 23 - (The Insurer) - Targeted cost synergies from the merger of Baloise and Helvetia imply a reduction in staff of around 1,600 people, Berenberg analyst Michael Huttner said in a note on Wednesday morning.Huttner said this represents around 23% of the 7,000 current employees a...Reuters
Wed, Apr 23
Cryptocurrencies
Trump is panicked over the tariffs course, his comments point to China being ‘in control’
US President Donald Trump could reduce the heavy tariffs on Chinese goods, a policy that has defined his administration’s trade war with China. During a press event held in the Oval Office on Tuesday, Trump stated that tariffs on Chinese goods “will not be as high as 145%” and “will come down substantially,” but not […]Cryptopolitan
Wed, Apr 23
Stocks
Tesla says India's 100% car tariffs make customers anxious
By Aditi Shah and Aditya Kalra NEW DELHI, April 23 (Reuters) - Tesla sees India's 100% import tariffs on cars making customers anxious, and the carmaker is still assessing when to enter the "very hot" market even as those concerns linger, its chief financial officer said on Tuesday.Te...Reuters
Wed, Apr 23
Cryptocurrencies
Bitcoin Rockets To Monthly Highs As Open Interest Explodes By Over $3 Billion
Bitcoin rose to $89,292 today, its highest since April 2, as traders injected funds into cryptocurrency markets. The top-ranked cryptocurrency rose 3.0% in 24 hours amid increased market activity, based on the latest market figures. Related Reading: Pi Network Frenzy Builds: $5 Prediction As Whales ...NewsBTC
Wed, Apr 23
Other
China-led lunar base to include nuclear power plant on moon's surface, space official
SHANGHAI, April 23 (Reuters) - Preliminary plans for the China and Russia-led International Lunar Research Station (ILRS) include building a nuclear power plant on the moon's surface, a presentation by a Chinese space official on Wednesday showed.Reuters
Wed, Apr 23
Other
REFILE-Japan's Fanuc says it cannot provide FY2025/26 forecasts due to tariff uncertainties
TOKYO, April 23 (Reuters) - Japanese robotics company Fanuc Corp 6954.T said on Wednesday it was not able to report its forecasts for the current fiscal year ending in March 2026 due to "numerous uncertain factors" including U.S. tariffs and their global economic impact."We plan to caref...Reuters
Wed, Apr 23
Other
Exclusive: PIB prepares to restart process with trade buyers in focus
By Ryan HewlettApril 23 - (The Insurer) - PIB Group and backers Apax Partners and Carlyle Group have refocused their search for a new owner for the UK and international broker consolidator on trade buyers after a muted reception from private equity and institutional investors. PIB valuation initiall...Reuters
Wed, Apr 23
Stocks
LIVE MARKETS-Europe before the bell: On the rebound
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.EUROPE BEFORE THE BELL: ON THE REBOUND European shares are set for punchy gains at the open on Wednesday as markets globally took ...Reuters
Wed, Apr 23
Other
Sport-Tennis great Agassi to make pro pickleball debut
April 23 (Reuters) - Former tennis world number one Andre Agassi will make his professional debut in the fast-growing sport of pickelball next week when he teams up with top ranked Anna Leigh Waters for the mixed doubles at the U.S. Open Pickleball Championships.Invented in 1965 by a group of Americ...Reuters
Wed, Apr 23
Forex
EUR/GBP tumbles to near 0.8550 ahead of Eurozone/UK PMI data
The EUR/GBP cross trades in the negative territory near 0.8550 during the early European session on Wednesday. The dovish stance of the European Central Bank (ECB) weighs on the Euro (EUR) against the Pound Sterling.
Fxstreet
Wed, Apr 23
Other
Novartis and Sanofi CEOs say EU should raise drug prices in face of tariffs
April 23 (Reuters) - The European Union should allow drug prices to rise to U.S. levels in order to attract investment, the bosses of two European pharmaceutical giants said in a letter published in the Financial Times on Wednesday. The U.S. pays the most for drugs in the world, often nearly three t...Reuters
Wed, Apr 23
Stocks
India's HCLTech jumps on strong revenue growth outlook
April 23 (Reuters) - Shares of HCLTech HCLT.NS jumped 8% on Wednesday after India's third-largest IT firm delivered a strong revenue growth forecast, standing out in a sector weighed down by cautious outlooks from bigger rivals.India's $283 billion IT sector is staring at a potential slowdow...Reuters
Wed, Apr 23
Other
Pope Francis' body to be taken to St Peter's ahead of funeral
Procession with cardinals and Latin chantsTrump and dozens of other leaders to attend funeral on SaturdayConclave to choose a successor, not expected before May 6By Alvise Armellini VATICAN CITY, April 23 (Reuters) - Pope Francis' body was due to be moved to St Peter's Basilica on Wed...Reuters
Wed, Apr 23
Other
Fanuc Corp: Consolidated Financial Forecasts For The Year Ending March 31, 2026 Are Not Reported, As It Is Not Feasible At Present To Reasonably Calculate Them
April 23 (Reuters) - Fanuc Corp 6954.T:FANUC CORP - CONSOLIDATED FINANCIAL FORECASTS FOR THE YEAR ENDING MARCH 31, 2026 ARE NOT REPORTED, AS IT IS NOT FEASIBLE AT PRESENT TO REASONABLY CALCULATE THEMFANUC CORP - THERE ARE NUMEROUS UNCERTAIN FACTORS, INCLUDING THE IMPACT OF TARIFFS IN THE UNITED STAT...Reuters
Wed, Apr 23
Other
Euro zone government bond yields rise before PMI data
By Stefano Rebaudo April 23 (Reuters) - Euro area benchmark Bund yields rose on Wednesday to levels seen after last week's ECB policy meeting, ahead of PMI data later in the session.The ECB warned that economic growth will take a big hit from U.S. tariffs, bolstering bets for even more policy...Reuters
Wed, Apr 23
Commodities
PRESS DIGEST -Wall Street Journal - April 23
April 23 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. President Donald Trump on Tuesday backed off from threats to fire Federal Reserve Chair Jerome Powell after days of intensifying crit...Reuters
Wed, Apr 23
Cryptocurrencies
CNBC’s Jim Cramer says the recent market rally would sustain
Stocks jumped on Tuesday, resulting in hopes that the recent bounce will lead to an actual recovery, according to CNBC host Jim Cramer. Cramer pointed to a more than 2.5 percent rise in each of the three major U.S. indexes as a possible turning point. He conceded that many investors still fear the market will […]Cryptopolitan
Wed, Apr 23
