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Stocks
European shares fall after Nvidia, ASML signal mounting corporate pain
April 16 (Reuters) - European shares slipped on Wednesday after a strong start to the week, as concerns over corporate profits deepened following news that Nvidia would shoulder billions in charges due to U.S. export curbs to China.Adding to tech woes, ASML ASML.AS, the world's biggest supplier ...Reuters
Wed, Apr 16
Other
UK medical device maker Belluscura expects 20% tariff on products sold in US
April 16 (Reuters) - British medical device maker Belluscura BELLB.L said on Wednesday that its products sold in the United States would face tariff of up to 20% and that the company was evaluating how it could cut down tariff and production costs in the long term.The company, which focuses on devel...Reuters
Wed, Apr 16
Stocks
UK's Bunzl hits near 4-year low after cutting outlook, halting buyback
** Shares of business supplies distributor Bunzl BNZL.L slump as much as 24.4% to 2326p, their lowest since June 2021 ** BNZL cuts 2025 forecast & pauses share buyback programme, citing pressure on its North American businesses & broader economic uncertainty** As of last close, stock down 30...Reuters
Wed, Apr 16
Stocks
PRECIOUS-Safe-haven gold hits record high on weak dollar, trade war woes
Gold hits record high at $3,294.99ANZ raises year-end gold price forecast to $3,600Gold prices to remain strong, analyst saysBy Rahul Paswan and Anushree Mukherjee April 16 (Reuters) - Gold scaled a record peak on Wednesday as a weaker dollar, escalating trade tension and concerns over global eco...Reuters
Wed, Apr 16
Economic Indicator
Pound Sterling faces selling pressure as UK inflation cools down
The Pound Sterling (GBP) faces selling pressure against its major peers on Wednesday, except the US Dollar (USD), after the release of the softer-than-expected United Kingdom (UK) Consumer Price Index (CPI) data for March.
Fxstreet
Wed, Apr 16
Forex
RPT-COLUMN-US 'strong dollar' policy rings increasingly hollow: McGeever
By Jamie McGeeverORLANDO, Florida, April 15 (Reuters) - U.S. Treasury Secretary Scott Bessent on Monday repeated the mantra we've heard from his nine predecessors: "We have a strong dollar policy." While the words are familiar, the conviction behind them may have softened.It was former T...Reuters
Wed, Apr 16
Other
Euro zone bonds continue to benefit from market jitters, yields fall
LONDON, April 16 (Reuters) - Euro zone government bond yields dipped on Thursday, with German Bunds outperforming both other European peers and particularly U.S. Treasuries as a new burst of risk aversion across assets pushed investors back towards the safe haven.
Reuters
Wed, Apr 16
Stocks
Japan's Nikkei sags as Nvidia curbs drag down chip shares
TOKYO, April 16 (Reuters) - Japan's Nikkei share average fell for the first time this week on Wednesday as chip-sector shares sank after Nvidia NVDA.O said the U.S. government is limiting exports of its key chip to China.
Reuters
Wed, Apr 16
Forex
GBP/JPY Price Forecast: Bearish outlook remains intact below 189.00
The GBP/JPY cross attracts some sellers to around 188.80 during the early European session on Wednesday. The Pound Sterling (GBP) weakens against the Japanese Yen (JPY) after the UK Consumer Price Index (CPI) inflation report.
Fxstreet
Wed, Apr 16
Other
UK's discoverIE to move more production to US amid tariff woes
April 16 (Reuters) - Britain's discoverIE DSCV.L, which makes customised electronics, said on Wednesday it expects to move more of its production to the United States in the coming months amid worries around U.S. President Donald Trump's tariffs.Reuters
Wed, Apr 16
Other
Barratt Redrow sticks to homebuilding target despite forward sales drop
Expects costs to be this year, uncertain next yearPrivate home order book down 3.5% from last yearOrder book value rises 3.3% due to inflation and sales mix April 16 (Reuters) - UK homebuilder Barratt Redrow's BTRW.L forward sales - a gauge of near-term demand - were 10.1% lower at the end of...Reuters
Wed, Apr 16
Stocks
Datagroup shares on track for best day ever after KKR deal
** Shares in Datagroup D6HG.DE jump around 31% after the IT services provider said it had reached an all-cash acquisition agreement with KKR KKR.N, which valued it at about 450 mln euros ($509 mln)** Stock at highest since February 2024; if gains hold, it will see its biggest one-day jump ever** KKR...Reuters
Wed, Apr 16
Other
EXCLUSIVE-Nvidia kept some China customers in the dark about new US chip clampdown, sources say
Company told of new US export licensing rules on April 9Nvidia did not make a public announcement until TuesdayHuawei could benefit from Chinese customers seeking alternatives - analystsBy Fanny Potkin and Liam Mo SINGAPORE, April 16 (Reuters) - Nvidia NVDA.O did not warn at least some major cust...Reuters
Wed, Apr 16
Economic Indicator
Japan set to kick off tariff talks in Washington
Trump sparked turmoil with tariffs on dozens of countriesJapan one of the first to start negotiationsTalks could also cover energy projects, exchange ratesBy Daniel Leussink and Nathan Layne WASHINGTON/TOKYO, April 16 (Reuters) - Japan is set to begin face-to-face tariff negotiations with the Uni...Reuters
Wed, Apr 16
Stocks
3 Pricey Stocks Billionaire Money Managers Sold Ahead of Wall Street's Historic Volatility
Every so often, Wall Street reminds investors that stocks don't move higher in a straight line. Sometimes, these reminders are anything but subtle.Over the last two weeks, investors have witnessed volatility akin to the COVID-19 crash of February-March 2020, as well as during the height of the finan...The Motley Fool
Wed, Apr 16
Other
UK's Playtech appoints John Gleasure as chairman
April 16 (Reuters) - British gambling firm Playtech PTEC.L on Wednesday named John Gleasure as its new non-executive chairman.Sky News reported on Tuesday that Gleasure, who currently serves on the board of sports streaming platform DAZN, would take on the role after current chair Brian Mattingley s...Reuters
Wed, Apr 16
Other
Intralot Extends Contract With New Hampshire Lottery Through 2033
April 16 (Reuters) - Intralot Integrated Lottery Systems and Services SA INLr.AT:EXTENDS CONTRACT WITH NEW HAMPSHIRE LOTTERY THROUGH 2033TO DEPLOY LOTOSX PLATFORM ON CLOUD IN USTO UPGRADE NH LOTTERY WITH NEW TERMINALSFurther company coverage: [INLr.AT]Reuters
Wed, Apr 16
