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Lyft Acquires FreeNow From BMW Group & Mercedes-Benz Mobility For About €175 Million
April 16 (Reuters) - Lyft:LYFT: TO ACQUIRE FREENOW FROM BMW GROUP & MERCEDES-BENZ MOBILITY FOR ABOUT €175 MILLION TO EXPAND IN EUROPELYFT: DEAL FINANCED WITH AVAILABLE CASH ON HAND, EXPECTED TO CLOSE IN H2Reuters
Wed, Apr 16
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Woodside Energy Group Says In Discussions With Uniper For Potential LNG Supply
April 16 (Reuters) - Woodside Energy Group Ltd WDS.AX:WOODSIDE ENERGY GROUP LTD - IN DISCUSSIONS WITH UNIPER FOR POTENTIAL LNG SUPPLYWOODSIDE ENERGY - DISCUSSIONS BETWEEN PARTIES ARE ONGOING AND INCOMPLETE AND NO FINAL AGREEMENT HAS BEEN REACHED ON TERMSReuters
Wed, Apr 16
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Tiktok Announces The Tests Of Footnotes
April 16 (Reuters) - TikTok: TIKTOK- ANNOUNCING THE TESTS OF FOOTNOTESTIKTOK: TO START, FOOTNOTES FEATURE WILL BE TESTED IN THE U.S. FOR SHORT FORM VIDEOS - BLOGTIKTOK: FOOTNOTES WILL ALLOW PEOPLE TO ADD RELEVANT INFORMATION TO CONTENT ON OUR PLATFORMTIKTOK: U.S. USERS CAN APPLY TO BE FOOTNOTES CONT...Reuters
Wed, Apr 16
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AI-generated music accounts for 18% of all tracks uploaded to Deezer
April 16 (Reuters) - About 18% of songs uploaded to Deezer DEEZR.PA are fully generated by AI, the French streaming platform said on Wednesday, underscoring the technology's growing use amid copyright risks and fair payouts to artists.Deezer said more than 20,000 AI-generated tracks are uploaded...Reuters
Wed, Apr 16
Other
CORRECTED-Euro zone bonds continue to benefit from market jitters, yields fall
LONDON, April 16 (Reuters) - Euro zone government bond yields dipped on Wednesday, outperforming U.S. Treasuries as a new burst of risk aversion across assets pushed investors back towards European safe havens.Germany's 10-year bond yield was down 5 basis points at 2.50%, its lowest in slightly ...Reuters
Wed, Apr 16
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Fitch Expects Fed to Delay Rate Cuts Until 4Q25
April 16 (Reuters) - Fitch: FITCH: STILL EXPECTS FEDERAL RESERVE TO WAIT UNTIL 4Q25 BEFORE CUTTING RATES DESPITE DETERIORATING US GROWTH OUTLOOKFITCH: WE NOW EXPECT DEEPER RATE CUTS FROM ECB AND IN EMERGING MARKETSFITCH: EXPECT SOME ADDITIONAL US TARIFF REVENUES TO BE RECYCLED BACK INTO US ECONOMY O...Reuters
Wed, Apr 16
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Auradine Secures $153 Million In Series C Financing To Advance Future Of Blockchain & AI Infrastructure
April 16 (Reuters) - Auradine:AURADINE SECURES $153 MILLION IN SERIES C FINANCING TO ADVANCE THE FUTURE OF BLOCKCHAIN AND AI INFRASTRUCTUREAURADIN: ROUND WAS LED BY STEPSTONE GROUP & INCLUDED PARTICIPATION FROM MAVERICK SILICON, PREMJI INVEST, AMONG OTHERSReuters
Wed, Apr 16
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Travelers CEO: Direct impacts from tariffs 'manageable'
By David BullApril 16 - (The Insurer) – Travelers CEO Alan Schnitzer told analysts that the most significant effect of tariffs on the insurer’s underwriting portfolio will be physical damage repair costs, primarily in its private passenger auto book, as he said that “as far as direct impacts go, we ...Reuters
Wed, Apr 16
Cryptocurrencies
Crypto Today: Metaplanet raises $10M to buy BTC, ETH price moves below $1,600 as Tron gains signals panic
The cryptocurrency aggregate market capitalization stabilized around $2.7 trillion on Wednesday, with Bitcoin’s $84,000 support momentarily anchoring the market against external bearish discourses.
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Use of AI increases accuracy in predictions of ECB moves, DIW says
BERLIN, April 16 (Reuters) - The use of artificial intelligence will increase accuracy when predicting the monetary policy moves of the European Central Bank, a study by the German Institute for Economic Research DIW Berlin said on Wednesday. Researchers analysed the ECB's communications from Ja...Reuters
Wed, Apr 16
Commodities
US distillate fuel stocks fell to lowest since November 2023 last week, EIA says
NEW YORK, April 16 (Reuters) - U.S. distillate fuel oil stocks fell last week to 109.23 million barrels, the lowest since November 2023, data from the U.S. Energy Information Administration showed on Wednesday.Distillate fuel inventories, which include diesel and heating oil, fell by 1.85 million ba...Reuters
Wed, Apr 16
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Tesla's first-quarter registrations in California fell 15%, industry data shows
April 16 (Reuters) - Tesla's TSLA.O electric vehicle registrations in California dropped 15.1% during the first quarter, according to industry data, signaling growing challenges for the Elon Musk-led automaker in the crucial U.S. market.Reuters
Wed, Apr 16
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Ford's China business made $900 million last year
By Nora Eckert DETROIT, April 16 (Reuters) - Ford Motor's F.N China business, including exports from the country, made $900 million in earnings before interest and taxes last year, one of the automaker's top executives said on Wednesday.John Lawler, Ford's vice chair and former chief ...Reuters
Wed, Apr 16
Cryptocurrencies
Best Crypto To Buy Now: Whale Transactions Rise As Trump Pauses Tariffs – Here’s What They Are Buying As BTC and DOGE Recover Slowly
The crypto market sees soaring Whale transactions because President Trump implemented a 90-day tariff hold on April 9, 2025 leading to rapid demand for undervalued tokens. Although Bitcoin surpasses $82,000 on the market investors keep searching for upcoming alternative investment opportunities. Mutuum Finance (MUTM) stands as the center of attention since it successfully raised $6.8 […]Cryptopolitan
Wed, Apr 16
Other
CANADA RESEARCH ROUNDUP-Bombardier, Chorus Aviation, Exchange Income
April 16 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Bombardier, Chorus Aviation and Exchange Income, on Wednesday.HIGHLIGHTS * Bombardier BBDb.TO: RBC cuts target price to C$101 from C$116* Chorus Aviation Inc CHR.TO: RBC cuts tar...Reuters
Wed, Apr 16
Other
Mexico's Sheinbaum says country will not renew diplomatic relations with Ecuador
MEXICO CITY, April 16 (Reuters) - Mexican President Claudia Sheinbaum said Wednesday that Mexico would not renew diplomatic relations with Ecuador as long as Ecuadorean President Daniel Noboa remains in office. The rift is a result of Ecuador's raid on the Mexican embassy in Quito in April of 20...Reuters
Wed, Apr 16
Commodities
EU wheat rises from lows on fresh export demand
PARIS/HAMBURG, April 16 - European wheat bounced from contract lows on Wednesday, supported by fresh international demand but a new rise of the euro against the dollar kept a lid on prices.Benchmark May milling wheat BL2K5 on Paris-based Euronext, was up 0.2% by 1440 GMT to 210.75 euros a metric ton...Reuters
Wed, Apr 16
