News
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Walmart boosts tech presence in India with Chennai office deal, document shows
By Hritam Mukherjee BENGALURU, April 16 (Reuters) - Walmart WMT.N has signed a deal for a second office space in the southern Indian city of Chennai, which is fast emerging as a major technology center after being known for years as a manufacturing hub.Global companies are increasingly setting up...Reuters
Wed, Apr 16
Other
Compre completes acquisition of Covéa U.S. subsidiary CSE Group
By Michael JonesApril 16 - (The Insurer) - Compre Group has completed its acquisition of Covéa U.S. subsidiary CSE Group, the legacy specialist said on Wednesday.It said the CSE Group included two California-domiciled personal lines insurance carriers, which ceased to underwrite new business in 2024...Reuters
Wed, Apr 16
Economic Indicator
China wants partnership with EU to counter US 'abuse', says envoy to Spain
China seeks to boost ties with Europe amid US tariffsAmbassador urges EU to lift export restrictions, EV dutiesCites Spanish PM's visit, market-prying deal as model for EU-China tradeBy David Latona MADRID, April 16 (Reuters) - China wants to deal with the European Union as a partner instead ...Reuters
Wed, Apr 16
Technical Analysis
Safety, export markets and oil as drivers – Commerzbank
Much has happened since the US 'Liberation Day' on 2 April. Tariffs have been introduced, only to be partially suspended. Negotiations have begun, though seemingly without much prospect of success. And new tariffs are already being planned. Of course, all this has not left the markets unscathed.Fxstreet
Wed, Apr 16
Stocks
CANADA STOCKS-TSX futures flat ahead of Bank of Canada's rate decision
April 16 (Reuters) - Futures for Canada's main stock index were subdued on Wednesday ahead of the Bank of Canada's policy decision due later in the day while investors also assessed shifting U.S. tariff policies. June futures on the S&P/TSX index SXFcv1 were up 0.01% at 6.27 a.m. ET (102...Reuters
Wed, Apr 16
Stocks
Prediction: This Will Be the Best Cryptocurrency Investment of 2025
Forget about Bitcoin (CRYPTO: BTC). Forget about speculative meme coins. And forget about risky altcoins. At a time when many cryptocurrencies are losing value, the single best crypto investment opportunity of 2025 could turn out to be stablecoins.That might be surprising, given that stablecoins are...The Motley Fool
Wed, Apr 16
Other
Google faces 5 billion pound UK lawsuit for abusing dominance in online search
Class action alleges Google has shut out competitionSays UK companies have overpaid for advertising as a resultGoogle says it will defend against 'speculative' claimBy Paul Sandle LONDON, April 16 (Reuters) - Alphabet's GOOGL.O Google is being sued in Britain for potential damages of ...Reuters
Wed, Apr 16
Stocks
ASML warns tariffs cloud outlook for 2025 and 2026
Tariffs increase uncertainty for ASML's 2025-2026 outlookU.S. chipmakers to bear most of tariff costs, not ASML-CFOMaintains full-year guidance amid AI industry growthNet bookings fall short of analyst expectationsShares down 5% at 0904 GMT, dragging peersBy Nathan Vifflin and Leo Marchandon ...Reuters
Wed, Apr 16
Commodities
VEGOILS-Palm oil closes at its lowest since October as weak rivals weigh
JAKARTA, April 16 (Reuters) - Malaysian palm oil futures extended losses into a third session on Wednesday, dragged down by lacklustre performances in Dalian vegetable oils and expectations of improved output.The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives ...Reuters
Wed, Apr 16
Other
Autoliv Sees 2025 Organic Sales Growth Of Around 2%
April 16 (Reuters) - Autoliv Inc ALV.N:AUTOLIV Q1 SALES USD 2,578 MILLION VERSUS. ESTIMATE USD 2,502 MILLIONAUTOLIV Q1 ADJUSTED EPS USD 2.15AUTOLIV Q1 EPS USD 2.14AUTOLIV Q1 EBIT USD 254 MILLIONAUTOLIV Q1 ADJUSTED EBIT USD 255 MILLION VERSUS. ESTIMATE USD 202 MILLIONAUTOLIV Q1 ADJUSTED EBIT MARGIN 9...Reuters
Wed, Apr 16
Other
Russia says its forces capture village in eastern Ukraine
MOSCOW, April 16 (Reuters) - The Russian Defence Ministry said on Wednesday its forces had taken control of the village of Kalynove in Ukraine's eastern Donetsk region.Reuters could not independently confirm the battlefield report.Reuters
Wed, Apr 16
Economic Indicator
Global economic growth could slow to 2.3% due to trade tensions, says UN trade agency
By Olivia Le Poidevin 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 econ...Reuters
Wed, Apr 16
