News
Important Only
Other
Forvia on track to mitigate full exposure to US tariffs, CEO says
By Mathias de RozarioApril 17 (Reuters) - Forvia FRVIA.PA has so far mitigated about 50% of its estimated exposure to U.S. tariffs and is on track to cover the rest, the French automotive supplier's CEO Martin Fischer said in a call on Thursday.Its shares were up 8% at 0905 GMT in Paris after a ...Reuters
Thu, Apr 17
Other
Seven & I Says Special Committee Continues To Engage Constructively With Alimentation Couche-Tard
April 17 (Reuters) - Seven & i Holdings Co Ltd 3382.T:SEVEN & I HOLDINGS ISSUES PUBLIC LETTER TO SHAREHOLDERS REGARDING THE NOMINATION OF HIGHLY QUALIFIED SLATE OF DIRECTORSSEVEN & I: SPECIAL COMMITTEE OF BOARD CONTINUES TO ENGAGE CONSTRUCTIVELY WITH ALIMENTATION COUCHE-TARDSEVEN & I...Reuters
Thu, Apr 17
Cryptocurrencies
OKX US CEO Roshan Robert’s bold bet: Compliance, OKX web3 wallet launch, liquidity and innovation
OKX cryptocurrency exchange announced its official debut in the United States (US), with a regional HQ in San Jose, California, on Wednesday, paving the way for a new dispensation guided by intentional regulatory compliance, innovation, and customer trust.Fxstreet
Thu, Apr 17
Forex
RPT-COLUMN-US Big Tech swaps 'safe haven' sheen for trade war target: McGeever
By Jamie McGeeverORLANDO, Florida, April 16 (Reuters) - Treasuries are not the only 'safe haven' U.S. asset getting the cold shoulder as investors around the world rethink their enthusiasm for all things America. The shadow over 'Big Tech' is darkening and lengthening too.In recent w...Reuters
Thu, Apr 17
Stocks
Should You Buy Stocks After The Recent Market Sell-Off? Here's What One of Warren Buffett's Favorite Valuation Gauges Says.
Stocks have whipsawed this year, as weak economic data, high valuations, and issues around tariffs have confused investors. After everything that's happened in just a few short months, the broader benchmark S&P 500 finds itself down about 9% on the year as I write this, although it's down much more ...The Motley Fool
Thu, Apr 17
Economic Indicator
USD/CAD gathers strength above 1.3850 as Fed remains in wait-and-see mode
The USD/CAD pair strengthens to near 1.3885 during the early European session on Thursday. Hawkish remarks from Federal Reserve (Fed) Chair Powell and stronger Retail Sales provide some support for the Greenback. Trading volume is likely to be lightened ahead of the Good Friday holiday.
Fxstreet
Thu, Apr 17
Other
Hedge fund Man Group's assets dip by nearly $6 billion during Trump tariff turmoil
LONDON, April 17 (Reuters) - London-listed hedge fund Man Group EMG.L said on Thursday that its assets under management fell by about $5.6 billion in the two weeks to April 14, in trading dominated by the fallout from U.S. President Donald Trump's barrage of trade tariffs.Man Group said its asse...Reuters
Thu, Apr 17
Economic Indicator
European Central Bank set to cut interest rates again amid easing inflation and tariff uncertainty
The European Central Bank (ECB) will announce its April interest rate decision on Thursday at 12:15 GMT. Markets widely expect the central bank to lower key rates for the sixth consecutive time.
Fxstreet
Thu, Apr 17
Other
Tsmc: Tariff Discussions Are Between Countries, We Do Not Get Involved
April 17 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd 2330.TW:TSMC: STILL NEED TO BUILD A LOT OF CAPACITY TO MEET COWOS DEMANDTSMC: FOR 2026 HEALTHY MOMENTUM FOR COWOS WILL CONTINUETSMC: COWOS SUPPLY/DEMAND WILL BE MORE BALANACED IN 2026TSMC: WE ARE EXPANDING IN ARIZONA IS BECAUSE OF OUR CU...Reuters
Thu, Apr 17
Stocks
UK Stocks - Factors to watch on April 17
April 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.47%. * SAINSBURY'S :Sainsbury's SBRY.L reported a 7.2% rise in annual profit but forecast little or no growth in its new financial year. * DELIVEROO: Deliveroo ROO.L r...Reuters
Thu, Apr 17
Stocks
Hermes shares fall as Q1 is not up to the 'usual standards'
** Shares in Hermes HRMS.PA fall 3.6% to the bottom of France's blue-chip index CAC 40 .FCHI, after the Birkin bag maker slightly missed Q1 expectations** Hermes Q1 sales rise 7.2% at constant currency to 4.13 billion euros ($4.69 billion), missing expectations of respectively 7.9% growth to 4.1...Reuters
Thu, Apr 17
Other
European firms rethink cloud provider choices amid trade war, OVHCloud CEO says
April 17 (Reuters) - The CEO of OVHCloud OVH.PA, a leading European data centre provider that operates 43 facilities across four continents, said on Thursday that global trade tensions were making European companies rethink their choice of cloud provider from a more strategic perspective.WHY IT'...Reuters
Thu, Apr 17
Other
London-listed investment firm Fidelity Japan begins review of operations
April 17 (Reuters) - London-listed Fidelity Japan Trust FJV.L said on Thursday that it has started a formal review to consider the group's future and said that it expects a majority of its shareholders may not approve a proposal for it to continue as an investment firm.The group, which focuses o...Reuters
Thu, Apr 17
Economic Indicator
US Dollar Index maintains position around 99.50 ahead of Initial Jobless Claims data
The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is slightly stronger, hovering around 99.50, buoyed by solid consumer spending data.Fxstreet
Thu, Apr 17
Stocks
The Stock Market Just Did Something for Only the 7th Time in 45 Years -- and It Has a 100% Success Rate of Forecasting the Direction the S&P 500 Will Move Next
For the better part of the last two and a half years, the bulls have been in full control on Wall Street. Excitement surrounding the rise of artificial intelligence, euphoria concerning stock splits in some of the Wall Street's most-influential businesses, and the resilience of the U.S. economy, hav...The Motley Fool
Thu, Apr 17
Other
India's BluSmart, rival of Uber, suspends operations after co-founder probed
Co-founder of Indian rival to Uber faces regulatory setbackBluSmart halts operations, drivers stressed Investigation finds co-founder misused EV funds, bought luxury home Indian electric cab company became popular over years By Aditya Kalra and Aditi Shah NEW DELHI, April 17 (Reuters) - Indian el...Reuters
Thu, Apr 17
Other
Investors seeks review of Australia's listing rules, say James Hardie-AZEK deal to hurt
April 17 (Reuters) - A group of investors has called for a review of Australia's listing rules, claiming it was "unreasonable" that companies were allowed to issue a large amount of shares to fund their acquisitions without a shareholder vote.The investors wrote to the Australian Stock E...Reuters
Thu, Apr 17
Cryptocurrencies
Bitcoin Core V29 Ends Battle Dating Back To Satoshi
Bitcoin Core v29 has just been released, signaling the resolution of a debate within the Bitcoin community that stretches all the way back to the days when Satoshi Nakamoto was still actively discussing new ideas on Bitcointalk. The announcement arrived with a statement in the release notes explaini...Bitcoinist
Thu, Apr 17
Forex
COLUMN-Tax cuts could trump tariffs, but it may be too late: Pelosky
By Jay PeloskyApril 17 - Just when there seemed to be little hope that Donald Trump would reverse his aggressive tariff plans, Mr. Market saved the day, forcing the U.S. president to reverse course. But what might be at the root of Trump’s U-turn is not concern about tanking markets, but his own tax...Reuters
Thu, Apr 17
