News
Important Only
Commodities
COLUMN-Copper market caught between Trump's twin tariff threats: Andy Home
By Andy HomeLONDON, April 15 (Reuters) - U.S. President Donald Trump's tariffs blitz has left Doctor Copper battered and bruised. Last week's copper chaos was of course just a small part of the global turmoil as markets gyrated to the frenetic beat of Trump's changeable tariffs policy. B...Reuters
Tue, Apr 15
Stocks
LIVE MARKETS-Gathering some steam
Major US indexes higher; S&P 500 now leads, up ~0.3% Energy, Financials lead S&P sector gainers; healthcare weakestEuro STOXX 600 index up ~1.5%Dollar, bitcoin, gold up slightly; crude slips US 10-Year Treasury yield ~flat at 4.36%Welcome to the home for real-time coverage of markets brought...Reuters
Tue, Apr 15
Stocks
Every Purchase Matters, With Fair Trade USA's Paul Rice
As consumers become more aware and more discerning about what they buy, companies that embrace Conscious Capitalism will enjoy an ever-growing competitive edge over those that simply look to grow profits and any cost.In this podcast, Motley Fool co-founder David Gardner hosts the founder and CEO of ...The Motley Fool
Tue, Apr 15
Other
Munich Re Specialty names Prosiegel as Digital Partners head
By Michael LoneyApril 15 - (The Insurer) - Munich Re Specialty–North America has appointed Jascha Prosiegel head of Digital Partners.Digital Partners provides insurtechs and digital distributors with go-to market partnerships built on Munich Re’s financial strength and expertise.Prosiegel will lead ...Reuters
Tue, Apr 15
Other
Trump says Harvard could lose its tax exempt status - Truth Social
April 15 (Reuters) - President Donald Trump said on Tuesday that Harvard University could lose its tax exempt status and be taxed as a political entity after the school rejected demands from his administration."Perhaps Harvard should lose its Tax Exempt Status and be Taxed as a Political Entity ...Reuters
Tue, Apr 15
Other
Airbus expects to finalise Spirit Aero deal this month, CFO says
April 15 (Reuters) - Airbus AIR.PA expects to finalise an agreement to buy part of the assets of Spirit AeroSystems SPR.N by the end of the April and close the deal by mid-year, "ideally by June 30", Chief Financial Officer Thomas Toepfer told shareholders.Airbus has been negotiating for aro...Reuters
Tue, Apr 15
Stocks
Caterpillar CEO Umpleby to step down; shares up
** Shares of Caterpillar CAT.N rise 1% to $301 in morning trade ** Co says Chief Operating Officer Joe Creed will succeed James Umpleby as CEO effective May 1** Umpleby will become the board's executive chairman starting May 1** 10 of 28 brokerages rate the stock "buy" or higher, 14 "...Reuters
Tue, Apr 15
Other
Bank Of America Reports Credit Card Charge-Off Rate for March
April 15 (Reuters) - Bank of America Corp BAC.N:BANK OF AMERICA CORP - CREDIT CARD CHARGE-OFF RATE WAS 2.73% IN MARCHBANK OF AMERICA CORP - CREDIT CARD DELINQUENCY RATE WAS 1.47% AT MARCH END - SEC FILINGSource text: [ID:n0001128250-25-000061]Reuters
Tue, Apr 15
Other
Zurich North America recruits CNA’s Sullivan as head of technology
By Chris MunroApril 15 - (The Insurer) - Zurich North America has added Jeannie Sullivan to its expansive U.S. middle market team with the recruit joining from CNA Insurance as head of technology.In her new role, Sullivan will lead strategy development and execution for Zurich North America’s techno...Reuters
Tue, Apr 15
Stocks
Down 71%, Should You Buy the Dip on Viking Therapeutics Stock?
No one ever claimed investing in the biotech industry was a smooth ride, but for shareholders of Viking Therapeutics (NASDAQ: VKTX), the turbulence has been extremely challenging thus far. The stock is down 71% over the past year, amid ongoing uncertainties regarding the timeline for future commerci...The Motley Fool
Tue, Apr 15
Commodities
Zelenskiy says talks with US on minerals deal were positive, more meetings to come
KYIV, April 15 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Tuesday that talks with the U.S. regarding a minerals deal were "positive", and that more meetings were expected.Zelenskiy said meetings regarding the deal would continue at a technical level throughout the week.Reuters
Tue, Apr 15
Other
Sika CEO: US construction optimism hit by Trump's trade policy
ZURICH, April 15 (Reuters) - Sika SIKA.S Chief Executive Thomas Hasler said optimism in parts of the U.S. construction industry has fallen in the wake of President Donald Trump's unpredictable trade policies."We had a very strong start to the year and people were very optimistic about infras...Reuters
Tue, Apr 15
Cryptocurrencies
XRP, Dogecoin and Mantra traders punished for bullish bets, will altcoins recover?
Altcoins are recovering on Tuesday as the dust settles on US President Donald Trump’s tariff announcements last week. The President has repeatedly changed his mind on several tariff-related concerns, ushering volatility in Bitcoin and altcoin prices.
Other
Keeping pace with innovation: Axis reflects on the first year of Energy Transition Syndicate 2050
By Rebecca DelaneyApril 14 - (The Insurer) – One year on from the launch of Axis Energy Transition Syndicate 2050, Elliot Lyes and Joe Dutton caught up with Sustainable Insurer to reflect on the journey so far Syndicate 2050 formally commenced underwriting on April 1, 2024 with a stamp capacity of 1...Reuters
Tue, Apr 15
Other
Exclusive: Emerald Bay co-founder and chief risk officer Allkins departs Bain-backed startup
By James ThalerApril 14 - (The Insurer) - Emerald Bay co-founder and chief risk officer Miles Allkins has left the company, sources with direct knowledge of the situation said.The startup specialty (re)insurer was launched in March 2024 asa collaborative underwriting carrier, with more than $100 mil...Reuters
Tue, Apr 15
Other
Appetite grows for nature risks but data challenges remain
By Rebecca DelaneyApril 11 - (The Insurer) – There is appetite in the London specialty market to write credit and political risk covers for further debt-for-nature conversions, although this requires more centralised and reliable data sources to inform pricing and structures.Two years ago, the Lloyd...Reuters
Tue, Apr 15
Commodities
Against the (mid)stream: LNG attracts capacity as underwriters soften stance on carbon-intensive activities
By Rebecca DelaneyApril 11 - (The Insurer) – An influx of capacity into the midstream energy insurance market in the past 12 months, particularly for liquified natural gas (LNG), may indicate that some carriers are softening their positions on underwriting carbon-intensive activities. Sustainable In...Reuters
Tue, Apr 15
Commodities
Mexico hopes to renew tomato agreement with the US
MEXICO CITY, April 15 (Reuters) - The Mexican government said Tuesday it hopes to begin talks with the United States to renew a bilateral agreement that benefited Mexican exporters and from which Washington intends to withdraw.A pullout by the U.S. would entail paying duties of approximately 20% tha...Reuters
Tue, Apr 15
Stocks
BofA downgrades PepsiCo on sluggish growth and challenges in key markets
** Brokerage BofA Global Research downgrades soda and snacks giant PepsiCo PEP.O to "neutral" from "buy", trims PT to $155 from $185** New PT still implies ~6% upside to the stock's last close** Brokerage expects Frito-Lay North America (FLNA) growth to remain below long-term tre...Reuters
Tue, Apr 15
