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Cricket-Pomona to host cricket at LA28 but US team's participation in doubt
By Amlan Chakraborty April 16 (Reuters) - A temporary stadium at the Fairgrounds in Pomona, Southern California, will stage men's and women's cricket at the Los Angeles Olympics in 2028 but the host United States team cannot take their place in the competition for granted.Cricket, one of ...Reuters
Wed, Apr 16
Other
Kingsoft Cloud Announces Proposed Public Equity Offering And Concurrent Private Placement To Kingsoft Corporation
April 16 (Reuters) - Kingsoft Cloud Holdings Ltd 3896.HK:KINGSOFT CLOUD ANNOUNCES PROPOSED PUBLIC EQUITY OFFERING AND CONCURRENT PRIVATE PLACEMENT TO KINGSOFT CORPORATIONKINGSOFT CLOUD HOLDINGS LTD - ANNOUNCES PUBLIC OFFERING OF 18.5 MILLION ADSSReuters
Wed, Apr 16
Stocks
United Airlines shares rise on resilient advance bookings
April 16 (Reuters) - United Airlines UAL.O shares rose on Wednesday in premarket trading, lifting up peers, after it said forward bookings were stable so far in the current quarter despite tariff-induced economic uncertainty. Shares of the carrier were up nearly 6% premarket and on track to recover ...Reuters
Wed, Apr 16
Stocks
Jefferies lowers PT on NextEra Energy on potential IRA repeal, tariff tensions
** Jefferies lowers PT on renewable power company NextEra Energy NEE.N to $74 from $77** New PT still a 9.4% upside to stock's last close ** Brokerage says that investors are focused on potential repeal of Inflation Reduction Act (IRA) and are worried about renewables under the Trump administra...Reuters
Wed, Apr 16
Other
Citizens Financial Broadly Reaffirms Fy2025 Guide
April 16 (Reuters) - Citizens Financial Group Inc CFG.N:OUTLOOK Q2 UNDERLYING NII UP ABOUT 3% VERSUS Q1 2025 - PRESENTATIONBROADLY REAFFIRM FY2025 GUIDEANTICIPATED LOAN GROWTH IN 2H25 MAY MODERATE IF UNCERTAINTY IS PROLONGEDOUTLOOK Q2 NON INTEREST INCOME UP MID-TO-HIGH SINGLE DIGITS; UNCERTAINTY FRO...Reuters
Wed, Apr 16
Stocks
MORNING BID AMERICAS-US-China trade war goes full throttle
By Mike Dolan LONDON, April 16 (Reuters) - What matters in U.S. and global markets todayBy Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets The escalating U.S.-China trade war has expanded and moved beyond tariffs, now hitting everything from chips to planes and pharma. T...Reuters
Wed, Apr 16
Cryptocurrencies
Crypto Market Rigged? DeFiance Founder Blasts Exchanges Over Price Manipulation
The founder of a leading digital asset investment firm has raised significant concerns over the reliability of crypto token pricing, citing widespread manipulation between market makers and centralized exchanges (CEXs). Arthur Cheong, CEO of DeFiance Capital, stated via social media platform X that ...Bitcoinist
Wed, Apr 16
Stocks
Mega Matrix Inc. Released New Premieres on FlexTV from April 7 to 11, Exploring Humanity Through Betrayal, Redemption, and Destiny
SINGAPORE, April 16, 2025 /PRNewswire/ -- Last week (April 7–11, 2025), FlexTV, the short drama streaming platform under Mega Matrix Inc. (NYSE American: MPU), unveiled six compelling new English series. Spanning genres from urban fantasy and emotional entanglements to female empowerment and cy...PR Newswire
Wed, Apr 16
Economic Indicator
Singapore forms 'economic resilience' taskforce amid possible tariff-induced recession
By Jun Yuan Yong SINGAPORE, April 16 (Reuters) - Singapore's trade minister said on Wednesday that he cannot rule out a recession for the local economy this year following U.S. President Donald Trump's trade war, as he announced a taskforce to help businesses and workers address challen...Reuters
Wed, Apr 16
Stocks
2 Growth Stocks Down 20% or More to Buy Right Now
The stock market doesn't go up all the time. But that's OK, because it prevents asset prices from becoming out of touch with reality while giving new investors the chance to scoop up deals. With the S&P 500 index down by 8% year to date, President Donald Trump's tariff crisis could be an opportunity...The Motley Fool
Wed, Apr 16
Stocks
This Is the Average Social Security Benefit for Age 69
With any luck, our retirement years will be pleasant, as we do more of the things we've always wanted to do while living off retirement savings and Social Security. Before you retire, though, learn how much to expect from Social Security.Here's the simplest answer: As of February, the average monthl...The Motley Fool
Wed, Apr 16
Commodities
Trump orders tariff probe on all US critical mineral imports
Order marks escalation in global trade conflictUS seen as overly reliant on others for critical mineralsComes after launch of copper tariff probe in FebruaryAdministration cites national security groundsBy Ernest Scheyder and Costas Pitas April 16 (Reuters) - U.S. President Donald Trump on Tuesda...Reuters
Wed, Apr 16
Other
Trump says US and Japan to negotiate over tariffs and military support costs
April 16 (Reuters) - U.S. President Donald Trump said Japanese government representatives will be arriving in the U.S. on Wednesday for a meeting to negotiate over tariffs and the cost of military support. Trump said he would attend the meeting with his trade and commerce secretaries, in a post on h...Reuters
Wed, Apr 16
Other
Russia says it repelled drone attack on region hosting brigade Ukraine accuses of deadly strike
MOSCOW, April 16 (Reuters) - The Russian military said on Wednesday its air defence forces had destroyed seven Ukrainian drones over Russia's Ivanovo region, the location of one of two missile brigades which Kyiv accuses of a deadly weekend attack on the city of Sumy. Ukraine's HUR military ...Reuters
Wed, Apr 16
Other
TABLE-EU Commission sells 3-month EU-Bills at average yield of 2.158%
April 16 (Reuters) - The European Commission, on behalf of the European Union, carried out on Wednesday an EU-Bills auction. The results of this auction are as follows: EU-BillsEU-BillsEU-BillsISINEU000A3L7AS4EU000A4D85M6EU000A4D85N4Date of auction16/04/202516/04/202516/04/2025Settlement date22/04...Reuters
Wed, Apr 16
Economic Indicator
Global economic growth could slow to 2.3% due to trade tensions, says UN trade agency
GENEVA, April 16 (Reuters) - Global economic growth could slow to 2.3% as trade tensions and uncertainty drive a recessionary trend, the UN Trade and Development (UNCTAD) agency said on Wednesday."Global growth is projected to slow to 2.3% in 2025, placing the world economy on a recessionary pat...Reuters
Wed, Apr 16
