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Forex
IMF expects 'notable markdowns' in growth forecasts, but no global recession
WASHINGTON, April 17 (Reuters) - Rising trade tensions and sweeping shifts in the global trading system will trigger downward revisions of the IMF's economic forecasts but no global recession is expected, IMF Managing Director Kristalina Georgieva said on Thursday.Georgieva said countries' e...Reuters
Thu, Apr 17
Commodities
U.S. nuclear power plant outages
April 17 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Tota...Reuters
Thu, Apr 17
Other
Gautam Adani Will Transfer Ownership Of An Australian Port Terminal To His Listed Company In A Deal Worth About $2.4 Billion- Bloomberg News
April 17 (Reuters) - GAUTAM ADANI WILL TRANSFER OWNERSHIP OF AN AUSTRALIAN PORT TERMINAL TO HIS LISTED COMPANY IN A DEAL WORTH ABOUT $2.4 BILLION- BLOOMBERG NEWSSource: https://tinyurl.com/3tjxkhdvReuters
Thu, Apr 17
Other
Euro zone bond yields slide after ECB cuts rates and flags tariff risks
By Harry Robertson and Stefano Rebaudo April 17 (Reuters) - Euro zone bond yields fell sharply on Thursday as investors priced in more rate cuts from the European Central Bank, after it lowered borrowing costs and said U.S. President Donald Trump's tariffs would knock the euro zone econom...Reuters
Thu, Apr 17
Stocks
Archer unveils plans for NYC air-taxi network in partnership with United Airlines
By Shivansh TiwaryApril 17 (Reuters) - Archer Aviation ACHR.N on Thursday unveiled plans for a proposed air-taxi network in New York City, in partnership with United Airlines UAL.O, as it seeks to tap into the airport commute market in Manhattan.Shares of the air-taxi maker were up 7% in morning tra...Reuters
Thu, Apr 17
Other
Russia and Qatar sign 2 billion euro investment deal
MOSCOW, April 17 (Reuters) - Russia and Qatar signed an agreement on Thursday under which each country will pay an extra 1 billion euros ($1.14 billion)into a joint investment fund, a Russian official said."This is an agreement to expand our investment platform with Qatar by the amount of about...Reuters
Thu, Apr 17
Stocks
Exelon gains on senior leadership appointments
** Shares of utility company Exelon EXC.O rise 1.1% to $46.98** Carim Khouzami, president and CEO of EXC's subsidiary Baltimore Gas and Electric, is set to assume executive vice president position for transmission and development at Exelon** Tamla Olivier, senior vice president and chief operati...Reuters
Thu, Apr 17
Stocks
Alcoa falls on forecasting $90 million tariff hit in Q2
** Aluminum producer Alcoa's AA.N shares drop almost 3% to $24.35 in early trading after co forecasts $90 million tariff hit in Q2** Current U.S. duties levied on aluminum imports stand at 25%** Canadian imports cost almost $20 million in Q1, co says** Shares rose in post-market trading on Wedne...Reuters
Thu, Apr 17
Commodities
Expansion of Ivory Coast microinsurance scheme planned after payouts to rice farmers
By Henry GaleApril 17 - (The Insurer) - More than 20,000 rice farmers in Ivory Coast received payouts from a World Food Programme-backed microinsurance scheme for the 2024 farming season, its reinsurer African Risk Capacity (ARC) said.ARC said nearly 300 million West African CFA francs (approximatel...Reuters
Thu, Apr 17
Stocks
Intel falls after report of curbs on exports to Chinese clients
** Intel shares INTC.O down 1.8% at $18.88 in premarket trading after FT reports the American chipmaker will need license to export some advanced AI processors to Chinese clients** Other chip stocks rise following TSMC's 2330.TW upbeat quarterly earnings after being battered on Wednesday with U....Reuters
Thu, Apr 17
Stocks
Baltic index rises on strong rates across vessels
April 17 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose on Friday as demand increased across all vessel segments. * The main index .BADI, which tracks rates for capesize, panamax and supramax shipping vessels, g...Reuters
Thu, Apr 17
Other
IUA bolsters board with senior London market trio
By Michael JonesApril 17 - (The Insurer) - The International Underwriting Association (IUA) has appointed three senior leaders from the London company market to its board, the company said on Thursday.The new board members are Charlotte Lach, chief operating officer of AIG UK and Global Specialty, N...Reuters
Thu, Apr 17
Stocks
UK's Rentokil tops FTSE 100 after Q1 revenue growth
** Shares of UK's Rentokil Initial RTO.L up 4.1% at 349.5p, top gainer on London's FTSE 100 .FTSE index** Pest control and hygiene services company posts Q1 organic revenue growth of 1.8% to $1.64 bln vs $1.61 bln a year ago** RTO says it is confident in longer-term prospects ** Reports Q1 N...Reuters
Thu, Apr 17
Commodities
Congo tin miner Alphamin says production restarted as rebels retreat
JOHANNESBURG, April 17 (Reuters) - Alphamin Resources AFM.V said it restarted tin production on Tuesday at its Bisie mine in eastern Democratic Republic of Congo after rebels withdrew from a nearby town of Walikale.The miner said in a statement it is processing stockpiled tin ore and activities at i...Reuters
Thu, Apr 17
Stocks
Is This the Perfect Age to Start Collecting Social Security?
According to a recent Pew Research Center survey, Americans think that, on average, the best age to get married is 26.5, the best age at which to have a child is 27.3, the best age at which to buy a home is 28.8, and the best age at which to retire is 61.8.Regarding retirement, what's the perfect ag...The Motley Fool
Thu, Apr 17
Other
QUOTES-Trump threatens to try and fire Fed chief Powell
April 17 (Reuters) - U.S President Donald Trump said on Thursday that Federal Reserve Chair Jerome Powell's termination "cannot come fast enough", while calling for the U.S. central bank to cut interest rates. Trump, in a post on his social media platform Truth Social, reiterated his st...Reuters
Thu, Apr 17
Other
Perils expands to cover insured property assets of $108 trillion
By Michael JonesApril 17 - (The Insurer) - Perils has expanded its industry exposure database to include market sums insured for severe convective storms (SCS) in Europe, Japan and New Zealand, the loss aggregator said on Thursday.Perils said its 2025 industry exposure database includes insured prop...Reuters
Thu, Apr 17
Other
Deals of the day-Mergers and acquisitions
April 17 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday: ** Fintech company Global Payments has agreed to buy rival Worldpay from FIS and private equity firm GTCR for $22.7 billion, sharpe...Reuters
Thu, Apr 17
Stocks
Lockheed Martin CFO to depart; shares down
** Shares of Lockheed Martin LMT.N down more than 5% at $450 in early trading** LMT announces departure of its CFO Jesus Malave, effective immediately** Co names insider Evan Scott as successor** As of last close, stock was down 1.82% YTDReuters
Thu, Apr 17
