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Forex
FOREX-Dollar benefits from selling exhaustion, ECB cuts rates
ECB cuts deposit rate 25 bps to 2.25%Investors focused on US trade talksDollar benefits from selling exhaustionBy Karen Brettell NEW YORK, April 17 (Reuters) - The U.S. dollar gained on Thursday after its recent weakness across peer currencies appeared exhausted for the time being, while the euro...Reuters
Thu, Apr 17
Commodities
Trump order to halt NY wind project stuns offshore industry, threatens other projects
Stopping work on fully permitted project to have chilling effect on US industryThe US has three other offshore wind projects under constructionIndustry seeking to resolve administration concerns over Empire Wind By Nichola Groom April 17 (Reuters) - The Trump administration's decision to halt...Reuters
Thu, Apr 17
Other
Exclusive: HDI Global's US casualty lead Ed Wu leaves after only months in role
By James ThalerApril 17 - (The Insurer) – HDI Global's U.S. casualty lead Ed Wu has left the German company, only months after the former Everest E&S excess casualty head joined in December, sources familiar with the situation said on Thursday. Wu, who The Insurer was not immediately able to...Reuters
Thu, Apr 17
Economic Indicator
Trump says Fed's Powell will leave if he asks him; Powell has said he won't
WASHINGTON, April 17 (Reuters) - President Donald Trump said on Thursday he believes Federal Reserve chair Jerome Powell will leave his job if Trump asks him to do so, although the U.S. central bank chief himself has said he would not leave if asked by the president.Trump told reporters he was not h...Reuters
Thu, Apr 17
Other
BREAKINGVIEWS-Worldpay hands planet-sized lucre to buyout barons
By Jonathan Guilford NEW YORK, April 17 (Reuters Breakingviews) - Worldpay is a prime exhibit of how sharp-toothed buyout barons are masters of getting a good deal from a flailing industry. The payment processor once part of Royal Bank of Scotland has changed hands four times between 2010 and 20...Reuters
Thu, Apr 17
Forex
IMF sees US-China trade grievances, welcomes India tariff cuts
By David Lawder WASHINGTON, April 17 (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that the U.S. and China both have trade grievances, but the world's two largest economies needed to reduce uncertainty and agree on a fairer, rules-based tradin...Reuters
Thu, Apr 17
Other
EXCLUSIVE-Musk's SpaceX is frontrunner to build Trump's Golden Dome missile shield
SpaceX is leading a bid to build Golden Dome with startups Anduril and Palantir, six people saidThe SpaceX-led group is pitching the Pentagon on a 'subscription model' for missile defense, sources saidSpaceX proposes a constellation of 400 to more than 1,000 missile defense satellites, sourc...Reuters
Thu, Apr 17
Stocks
Why Oil and Gas Stocks Rallied on Thursday
Shares of oil and gas major stocks ExxonMobil (NYSE: XOM), Chevron (NYSE: CVX), and ConocoPhillips (NYSE: COP) rallied on Thursday, up 3.8%, 3.4%, and 4.2%, respectively, as of 2 p.m. ET.The cross-industry gains reflected higher oil prices, which were up 3.4% on the day to $64.60 per barrel at that ...The Motley Fool
Thu, Apr 17
Commodities
PRECIOUS-Gold's record rally pauses as investors cash in gains
Gold hit all-time peak at $3,357.40 per ounceDollar heads for weekly lossPalladium down more than 1%By Brijesh Patel April 17 (Reuters) - Gold prices slipped on Thursday after a sharp rise in the previous session as investors booked profits ahead of a long weekend, although softer dollar and esca...Reuters
Thu, Apr 17
Other
US Supreme Court to hear Trump bid to enforce birthright citizenship order
Trump signed birthright citizenship order on January 20Policy is part of Trump's hardline immigration stancePlaintiffs say order violates constitutional provisionBy Andrew Chung WASHINGTON, April 17 (Reuters) - The U.S. Supreme Court said on Thursday it will hear arguments over Donald Trump&#...Reuters
Thu, Apr 17
Other
Mitel Receives Court Approval Of Its Restructuring Plan, Clearing Path To Capitalize On Hybrid Market Opportunity
April 17 (Reuters) - MITEL:MITEL RECEIVES COURT APPROVAL OF ITS RESTRUCTURING PLAN, CLEARING PATH TO CAPITALIZE ON HYBRID MARKET OPPORTUNITYMITEL: COMPLETION OF CO'S RESTRUCTURING PROCESS EXPECTED WITHIN CURRENT CALENDAR QUARTERReuters
Thu, Apr 17
Other
Shore Bancshares, Inc. announces appointment of Charles Cullum as CFO and Executive Vice President
April 17 (Reuters) - Shore Bancshares Inc SHBI.O:SHORE BANCSHARES, INC. ANNOUNCES APPOINTMENT OF CHARLES CULLUM AS EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER FOLLOWING THE PREVIOUSLY ANNOUNCED RETIREMENT OF CHIEF FINANCIAL OFFICERSHORE BANCSHARES: TODD L. CAPITANI WILL REMAIN WITH CO AND B...Reuters
Thu, Apr 17
