News
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Stocks
Markel to acquire leading specialist marine MGA, The MECO Group Limited
LONDON, April 16, 2025 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced it has entered into an agreement to purchase The MECO Group Limited (MECO), subject to regulatory approval. Founded in 1974, MECO is a leading, independent specialist marine ...PR Newswire
Wed, Apr 16
Other
Genedx To Acquire Fabric Genomics
April 16 (Reuters) - GeneDx Holdings Corp WGS.O:GENEDX TO ACQUIRE FABRIC GENOMICS, ENABLING DECENTRALIZED, AI-POWERED TESTING AT GLOBAL SCALEGENEDX TO ACQUIRE FABRIC GENOMICS, ENABLING DECENTRALIZED, AI-POWERED TESTING AT GLOBAL SCALEGENEDX HOLDINGS CORP - TO PAY UP TO $51 MILLION FOR FABRIC GENOMIC...Reuters
Wed, Apr 16
Commodities
Russia accuses Ukraine of striking its energy infrastructure six times in past day, RIA reports
MOSCOW, April 16 (Reuters) - Russia's Defence Ministry accused Ukraine on Wednesday of carrying out six attacks on Russian energy infrastructure over the past day, the RIA state news agency reported.Reuters could not independently confirm the report. Moscow and Kyiv agreed to pause strikes on ea...Reuters
Wed, Apr 16
Cryptocurrencies
Is The Storm Over For Ethereum? Analyst Says ‘Face-Melting’ Rally Comes Next
Ethereum (ETH) continues to hold a crucial support level after recovering from last week’s correction. Its recent bounce from historical demand zones has led some analysts to suggest that the altcoin is gearing up for a breakout. Related Reading: Forget XRP At $3, Analyst Reveals How High Pric...NewsBTC
Wed, Apr 16
Other
Miller takes Alesco trio to launch European delegated authority offering
By Rebecca DelaneyApril 16 - (The Insurer) - Miller has launched a European delegated authorities team, led by Laurie Gaitskell alongside Anne-Sophie Petit and Ilenia Pizzolitto, the company said on Wednesday. The new team will specialise in open market and coverholder business, particularly SMEs an...Reuters
Wed, Apr 16
Stocks
Here's Why Energy Transfer Stock Is a Buy Before May 6
President Donald Trump's unpredictable tariffs drove many investors from stocks toward more conservative investments over the past few months. However, many panicked investors tossed out the babies with the bathwater during that washout, and many stocks that were actually well-insulated from tariffs...The Motley Fool
Wed, Apr 16
Stocks
2 Breakout Growth Stocks You Can Buy and Hold for the Next Decade
The stock market has been in turmoil so far this year amid the tariff-related issues that threaten to send the U.S. economy into a potential recession, and a big drop in consumer sentiment this month has added to the overall negativity.According to the University of Michigan's latest survey, consume...The Motley Fool
Wed, Apr 16
Economic Indicator
In a fog of uncertainty, Fed policy storm could be approaching
Tariff impacts may put Fed's employment, inflation mandates in conflictPolicymakers already sketching out various scenariosDebate marks U-turn from focus on 'soft landing' By Ann Saphir and Howard Schneider WASHINGTON, April 16 (Reuters) - U.S. Federal Reserve officials, in agreement ...Reuters
Wed, Apr 16
Economic Indicator
Bank of Canada likely to hold rates at 2.75%, but some expect a cut
By Promit Mukherjee OTTAWA, April 16 (Reuters) - The Bank of Canada is narrowly expected to hold its key policy rate at 2.75% on Wednesday as U.S. President Donald Trump's tariffs slowly trickle through the economy, hurting businesses and consumers. But for the first time in the ten month...Reuters
Wed, Apr 16
Other
ANALYSIS-Pharma companies expected to absorb any tariff hit in short term
Brand-name drugs unlikely to see price increases from tariffs, drugmakers expected to absorb initial costsTariff costs could threaten access to cheap generic drugs, which have thin profit marginsTariffs could prompt pharmaceutical companies to cut costs, including staff and R&D activity By De...Reuters
Wed, Apr 16
Other
RPT-EXCLUSIVE-US tariffs may cost chip equipment makers more than $1 billion, industry estimates
Tariffs could cost Applied, Lam, KLA $350 million each annually, sources saySmaller rivals like Onto Innovation face tens of millions in costs, sources sayBiden-era controls already erased billions in revenue from U.S. firmsBy Max A. Cherney TORONTO, April 15 (Reuters) - U.S. President Donald Tru...Reuters
Wed, Apr 16
Economic Indicator
FACTBOX-The key promises of the main parties contesting Canada's election
By David Ljunggren OTTAWA, April 16 (Reuters) - Canada's general election will take place on April 28, with polls indicating a tight race between the ruling Liberals and the official opposition Conservatives. The candidates will participate in evening debates on Wednesday and Thursday. H...Reuters
Wed, Apr 16
Commodities
INSIGHT-Baby food makers are failing California’s lead standards, Reuters review shows
Six baby food manufacturers had lead levels higher than California's limitBaby food makers are releasing lead test results as result of new California lawMaryland has passed a similar law and Illinois could follow suitBy Jessica DiNapoli, M.B. Pell NEW YORK, April 16 (Reuters) - Some baby foo...Reuters
Wed, Apr 16
Other
Carney’s tough talk, bland competence boost Liberals ahead of Canadian election
Mark Carney projects a steady hand amid U.S. tensionsConservative Pierre Poilievre struggles to adapt campaign to Trump, analysts sayLiberals benefit from cratering of support for left-leaning NDPBy Anna Mehler Paperny, David Ljunggren, Wa Lone HAMILTON, Canada, April 16 (Reuters) - For someone...Reuters
Wed, Apr 16
Economic Indicator
EXPLAINER-What are the potential outcomes of Canada's general election?
By David Ljunggren OTTAWA, April 16 (Reuters) - Canada will hold a general election on April 28, with polls indicating a close race between Prime Minister Mark Carney's ruling Liberals and the official opposition Conservatives of Pierre Poilievre.There are 343 seats in the elected House of Co...Reuters
Wed, Apr 16
Economic Indicator
FACTBOX-Key facts about Canada's election on April 28
OTTAWA, April 16 (Reuters) - Canada will hold a general election on April 28, with polls indicating a close race between Prime Minister Mark Carney's ruling Liberals and the official opposition Conservatives of Pierre Poilievre. BASIC FACTS ABOUT THE ELECTIONThere are 28 million registered v...Reuters
Wed, Apr 16
