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Stocks
GLOBAL MARKETS-Stocks rally but dollar dips as electronics get a tariff break
Wall Street shares up as US tariffs delayed on some electronicsConfusion as White House says levies might still comeTech stocks outperform in Europe and Asia, Apple shares jumpDollar dips, Treasury yields easeBy Lawrence Delevingne, Alun John BOSTON/LONDON, April 14 (Reuters) - U.S. shares joined...Reuters
Mon, Apr 14
Other
EXCLUSIVE-Saudi Arabia plans to pay off Syria's World Bank debts, sources say
Saudi Arabia's payment may unlock grants for Syria's reconstructionGulf Arab support for Syria may be materializingUS sanctions complicate Syria's financial recovery effortsBy Timour Azhari, Suleiman Al-Khalidi and Pesha Magid BEIRUT/AMMAN, April 14 (Reuters) - Saudi Arabia plans to p...Reuters
Mon, Apr 14
Cryptocurrencies
Bybit CEO challenges student advertisement accusation
Bybit CEO and co-founder Ben Zhou has strongly denied allegations that the crypto exchange’s campus ambassador program encouraged students to download the Bybit app and participate in contract trading, challenging naysayers to come up with proof. The accusations, most of which were made on X (formerly Twitter), have triggered a wider conversation about the ethics […]Cryptopolitan
Mon, Apr 14
Other
Colombia's VP calls on former colonial powers to confront past as UN forum opens
Colombia's Marquez urges colonial powers to address slavery's legacyReparations debate faces opposition from European leadersUN forum discusses AI's role in perpetuating racial biasesBy Catarina Demony April 14 (Reuters) - Colombia's Vice President Francia Marquez, an advocate of ...Reuters
Mon, Apr 14
Stocks
Potential EU approval for Biogen's Alzheimer's drug underway; shares rise
** Shares of drugmaker Biogen BIIB.O rise 2.8% to $118.42** BIIB says that the final process for the European Commission's decision on the marketing authorization application for the company's Alzheimer's drug lecanemab is underway** The update comes after the reconfirmation of the posit...Reuters
Mon, Apr 14
Economic Indicator
TREASURIES-Benchmark yield slips as monumental Treasury shakeout pauses
10-year Treasury yield falls after last week's surgeTrump's tariff exemptions calm markets, but new tariffs loomHedge funds offloaded bonds amid market volatility, margin callsBy Alden Bentley NEW YORK, April 14 (Reuters) - Fear the U.S. Treasury market would lose its global preeminence a...Reuters
Mon, Apr 14
Commodities
SOFTS-Robusta coffee rallies amid supply jitters, tariff exemptions
LONDON, April 14 (Reuters) - World robusta coffee prices rallied on Monday after U.S. exclusions on some tariffs allowed investors to turn their attention back to worries over falling supplies of the instant coffee ingredient.Data last week showed robusta exports from Brazil, the world's second ...Reuters
Mon, Apr 14
Stocks
NY Fed: March near term inflation expects jump amid souring sentiment levels
NY Fed March consumer survey finds near-term rise in expected inflationLonger-term expected inflation projection tamer in MarchFed officials have focused on longer-run expectations in policy debateBy Michael S. Derby April 14 (Reuters) - Americans’ expectations for near-term inflation hit the hig...Reuters
Mon, Apr 14
Economic Indicator
Mexico's finance minister to ask banks to lower interest rates, president says
MEXICO CITY, April 14 (Reuters) - Mexican President Claudia Sheinbaum said on Monday that she had instructed Finance Minister Edgar Amador to speak with banks so they can lower interest rates for both commercial and development loans.Sheinbaum said that banks should follow the central bank, known as...Reuters
Mon, Apr 14
Stocks
Orla Mining gains on higher quarterly production
** Shares of Canadian gold producer Orla Mining OLA.TO rise 1.4% to C$15** Company reports total gold production of 47,759 ounces in Q1, compared with 33,223 ounces a year ago** OLA produces 29,973 ounces of gold at its Camino Rojo mine in Mexico in Q1** Camino Rojo mine is on track to achieve annua...Reuters
Mon, Apr 14
Other
CORRECTED-REFILE-Exclusive: Marsh elevates Mann to US property head following Rouse promotion
By James ThalerApril 14 - (The Insurer) - Marsh has promoted Greg Mann to oversee its U.S. property business, the company said in an internal memo sent by Mike Rouse on Friday.Rouse had led the firm’s U.S. property practice since September 2019 but was promoted to co-global placement leader in Octob...Reuters
Mon, Apr 14
Economic Indicator
Brazil's Bolsonaro recovering after 12-hour surgery
April 13 (Reuters) - Former Brazilian President Jair Bolsonaro is recovering after undergoing surgery on Sunday, his sixth since being stabbed in the stomach while campaigning in 2018, his wife, Michelle, said in a social media post."Surgery concluded with success," she posted. "My heart...Reuters
Mon, Apr 14
Stocks
Why Eli Lilly, Novo Nordisk, and Viking Therapeutics Stocks All Popped Today
Bad news for Pfizer (NYSE: PFE) turned into good news for Eli Lilly (NYSE: LLY), Novo Nordisk (NYSE: NVO), and Viking Therapeutics (NASDAQ: VKTX) Monday morning, each of which is rising on Pfizer's latest product announcement.Early this morning, Pfizer announced it will discontinue development of it...The Motley Fool
Mon, Apr 14
Other
Warner Music appoints former Activision Blizzard executive as finance chief
April 14 (Reuters) - Warner Music Group WMG.O, the label behind artists such as Ed Sheeran and Dua Lipa, has appointed former Activision Blizzard executive Armin Zerza as its finance chief, the music entertainment company said on Monday.He will succeed Bryan Castellani from May 5, with the incumbent...Reuters
Mon, Apr 14
Stocks
NextDecade rises after LNG supply deal with TotalEnergies
** U.S.-based liquefied natural gas (LNG) producer NextDecade's NEXT.O shares rise 7.7% to $7.37 ** Company to supply 1.5 million tonnes per annum of LNG to France's TotalEnergies TTEF.PA for 20 years from Rio Grande LNG Train 4** NEXT expects existing long-term commercial agreements to be s...Reuters
Mon, Apr 14
Other
China, Vietnam sign 45 cooperation documents as Xi visits Hanoi
BEIJING, April 14 (Reuters) - China and Vietnam have signed 45 bilateral cooperation documents as Chinese President Xi Jinping kicks off his visit to the Southeast Asian nation on Monday, Chinese state media Xinhua reported.According to Xinhua, the bilateral documents cover a wide range of sectors i...Reuters
Mon, Apr 14
Other
Mexico's finance minister to ask banks to lower interest rates, president says
MEXICO CITY, April 14 (Reuters) - Mexican President Claudia Sheinbaum said on Monday that she had instructed Finance Minister Edgar Amador to speak with banks so they can lower interest rates for both commercial and development loans.Sheinbaum said that banks should follow the country's central ...Reuters
Mon, Apr 14
