News
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Stocks
UK's WH Smith's shares fall; reports dip in H1 profit
** Shares of British retailer WH Smith SMWH.L fall as much as 5.3% to 900p** Co reports a slight dip in first-half profit as weakness in its recently sold British high street stores offset growth at travel outlets** WH Smith reports H1 pre-tax profit of 45 million pounds ($59.67 million) vs. 46 mln...Reuters
Wed, Apr 16
Commodities
Ukraine accuses Russia of attacking its energy infrastructure 30 times since March
Ukraine says the attacks came despite ceasefire pactBoth sides allege violations of U.S.-brokered energy truceFighting persists along 1,000 km frontline KYIV, April 16 (Reuters) - Ukraine accused Russia on Wednesday of carrying out more than 30 attacks on its energy infrastructure since the two s...Reuters
Wed, Apr 16
Other
Deals of the day-Mergers and acquisitions
April 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** Markel has entered into an agreement to purchase marine MGA the Meco Group Limited, the company said on Wednesday. nL6N3QU0GC ** Lyft ...Reuters
Wed, Apr 16
Stocks
Baltic index falls to six-week low as capesize rates dip
April 16 (Reuters) - The Baltic Exchange's dry bulk sea freight index on Wednesday slipped to a six-week low as rates for capesize vessels dipped. * The main index .BADI, which tracks rates for capesize, panamax and supramax shipping vessels, dropped 22 points, or 1.7%, to 1,241, its lowest le...Reuters
Wed, Apr 16
Commodities
US natgas prices slide 2% to 10-week low on near-record output
U.S. LNG export feedgas on track to hit record high in AprilU.S. gas output on track to hit record high in AprilU.S. gas storage about 4% below five-year averageBy Scott DiSavino April 16 (Reuters) - U.S. natural gas futures slid 2% to a 10-week low on near-record output and a decline in daily fl...Reuters
Wed, Apr 16
Other
UAE denies reports it is involved in talks about land offensive in Yemen
DUBAI, April 16 (Reuters) - The United Arab Emirates denied on Wednesday reports that it is involved in talks over a land offensive in Yemen.The denial comes after media reports, including in the Wall Street Journal and Bloomberg, that the U.S. alongside Gulf Arab allies were discussing the matter.Reuters
Wed, Apr 16
Cryptocurrencies
Crypto firm DWF Labs buys $25 million of Trump's World Liberty Financial tokens
By Elizabeth Howcroft and Tom Wilson April 16 (Reuters) - DWF Labs, an Abu Dhabi-based crypto investor and trading firm, said on Wednesday it had bought $25 million worth of digital tokens issued by the World Liberty Financial, the crypto venture controlled by the family of U.S. President Donald ...Reuters
Wed, Apr 16
Stocks
Tesla down on report tariffs disrupt sourcing from China for robotaxi, Semi truck
** Shares of electric vehicle maker Tesla TSLA.O down 1.9% at $249.27** Reuters reports Tesla's plans to ship components from China for Cybercab robotaxi and Semi electric trucks to the U.S. were suspended after President Donald Trump raised tariffs on Chinese goods, citing a person with direct ...Reuters
Wed, Apr 16
Cryptocurrencies
No More Black Box: Why Ethereum Solves AI’s Problems and Leads List of Best Altcoins
The best crypto projects solve key problems that Bitcoin can’t. The best of the best solve real-world problems as well. Could Ethereum, the OG alternative blockchain, solve one of the biggest challenges in AI development? If it can, $ETH and ERC-20 tokens could lead the best altcoins to new heights,...Bitcoinist
Wed, Apr 16
Commodities
U.S. nuclear talks with Iran on Saturday moved to Rome from Oman, source says
WASHINGTON, April 16 (Reuters) - A second round of nuclear talks between the United States and Iran, scheduled for Saturday, will take place in Rome rather than Oman's Muscat, according to a source familiar with the matter.The venue of the upcoming talks has now shifted twice - from Rome to Musc...Reuters
Wed, Apr 16
Other
Aegis London doubles digital terrorism product capacity to $500 million
By Michael JonesApril 16 - (The Insurer) - Aegis London has doubled the capacity for its digital terrorism product Shield to $500 million, the company said on Wednesday.The product is backed by an Aegis London-led consortium and provides terrorism coverage to U.S. businesses through surplus lines br...Reuters
Wed, Apr 16
Other
Consumer Watchdog sues California’s insurance regulator over FAIR Plan surcharges
By Michael LoneyApril 16 - (The Insurer) - Consumer Watchdog has sued the California Department of Insurance to block insurers from passing assessment costs from the state’s FAIR Plan onto consumers, in a lawsuit the American Property Casualty Insurance Association calls a “reckless and self-serving...Reuters
Wed, Apr 16
Stocks
CANADA STOCKS-TSX opens flat ahead of Bank of Canada's rate decision
April 16 (Reuters) - Canada's main stock index opened subdued on Wednesday, with gains in material shares offset by declines in information technology stocks, ahead of the Bank of Canada's policy rate decision due later in the session.At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange...Reuters
Wed, Apr 16
Stocks
US STOCKS SNAPSHOT-Wall Street falls, Nvidia drops after new US chip export curbs
April 16 (Reuters) - Wall Street fell on Wednesday, with the Nasdaq leading declines after Nvidia flagged steep charges from new U.S. controls on chip exports to China, the latest flashpoint in an escalating global trade war.Shares of Nvidia NVDA.O dropped 6.5%. The Dow Jones Industrial Average .DJI...Reuters
Wed, Apr 16
Other
Soccer-Man Utd's Amorim places trust in Onana against Lyon, Zirkzee out for season
April 16 (Reuters) - Andre Onana will return in goal for Manchester United's Europa League quarter-final second leg against Olympique Lyonnais despite his errors in the first leg but striker Joshua Zirkzee is out for the season, manager Ruben Amorim said on Wednesday.Lyon snatched a dramatic 2-2...Reuters
Wed, Apr 16
Stocks
Metro Inc reports results for the quarter ended March 31 - Earnings Summary
Metro Inc MRU.TO reported quarterly adjusted earnings of C$1.02 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 91 cents. The mean expectation of eight analysts for the quarter was for earnings of C$1.02 per share. Wall Street exp...Reuters
Wed, Apr 16
Stocks
Travelers Companies Inc reports results for the quarter ended March 31 - Earnings Summary
Travelers Companies Inc TRV.N reported quarterly adjusted earnings of $1.91 per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $4.69. The mean expectation of twenty two analysts for the quarter was for earnings of 78 cents per share. ...Reuters
Wed, Apr 16
Stocks
Prologis Inc reports results for the quarter ended March 31 - Earnings Summary
Prologis Inc PLD.N reported quarterly adjusted earnings of 63 cents per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of six analysts for the quarter was for earnings of 60 cents per share. Wall Street expected results to range from 57 cents t...Reuters
Wed, Apr 16
Stocks
First Horizon Corp reports results for the quarter ended March 31 - Earnings Summary
First Horizon Corp FHN.N reported quarterly adjusted earnings of 42 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 35 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 40 cents per share. W...Reuters
Wed, Apr 16
Stocks
Movado Group Inc reports results for the quarter ended January 31 - Earnings Summary
Movado Group Inc MOV.N reported quarterly adjusted earnings of 36 cents per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of 55 cents. The lone analyst forecast for the quarter was for earnings of 39 cents per share. Revenue rose 1% t...Reuters
Wed, Apr 16
