News
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Commodities
Sixth Street eyes stake in new Italian energy hub, sources say
New company to combine assets from Sorgenia and EF SolareU.S fund looking at 40% stake in new energy ventureAsterion to exit, EF Solare and Sorgenia controlled by F2i MILAN, April 11 (Reuters) - U.S. investment fund Sixth Street is in the final stages of talks to become an investor in a future ve...Reuters
Fri, Apr 11
Other
Wells Fargo profit rises on wealth management strength
April 11 (Reuters) - Wells Fargo's WFC.N profit rose in the first quarter driven by robust performance in its wealth management business.The fourth-largest U.S. lender's net income rose to $4.89 billion, or $1.39 per share, it said on Friday. That compares with $4.62 billion, or $1.20 per sh...Reuters
Fri, Apr 11
Stocks
BlackRock reports record assets in Q1, shares rise
** Shares of BlackRock BLK.N rise 1.3% to $870 premarket after Q1 results** BlackRock's chief source of revenue, investment advisory and administration fees, jumps 17% from last year in Q1** Assets under management rise 10.6% from last year to $11.58 trillion, but flat from previous quarter ** C...Reuters
Fri, Apr 11
Other
Yandex co-owner to increase stake in rival Russian tech firm VK
April 11 (Reuters) - One of the co-owners of Russian tech company Yandex YDEX.MM, Pavel Prass, is set to increase his stake in Yandex rival VK VKCO.MM through another company he has a minority stake in, a VK statement published on Friday showed. A $5.4 billion cash and shares deal finalised in July ...Reuters
Fri, Apr 11
Forex
Euro zone markets functioning well, ECB attentive to FX movements, Lagarde says
WARSAW, April 11 (Reuters) - Euro zone financial markets are functioning well amid global turbulence and the European Central Bank is attentive to the impact of the U.S. dollar's depreciation, ECB President Christine Lagarde said on Friday. "In Europe and in the euro area in particular, we h...Reuters
Fri, Apr 11
Stocks
3 Top Stocks to Buy and Hold for 20 Years
As the stock market swings wildly thanks to erratic, unpredictable, and potentially economically damaging tariff policies from the Trump administration, predicting anything in the near term about stocks has become next to impossible. For long-term investors, focusing on solid companies that can make...The Motley Fool
Fri, Apr 11
Stocks
The Smartest Growth Stock to Buy With $10,000 Right Now
What does the savvy investor do when the stock market is in turmoil? Buy, of course. And with the major stock market indexes in free fall, now is the time to keep one's head and look for opportunities to accumulate shares on the cheap.Where to invest $1,000 right now? Our analyst team just revealed ...The Motley Fool
Fri, Apr 11
Technical Analysis
AUD/USD: Likely to strengthen further – UOB Group
Australian Dollar (AUD) is likely to strengthen further, but the major resistance at 0.6290 still seems to be out of reach. In the longer run, for the time being, AUD is expected to trade in a 0.6000/0.6290 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Apr 11
Forex
Sterling falls against euro, rises versus dollar as traders focus on trade war
By Lucy Raitano LONDON, April 11(Reuters) - The pound fell versus the euro and rose versus the dollar on Friday, reflecting a sell-off in U.S. assets as traders flee to safe-haven currencies amid an escalating global trade war, while better-than-expected UK GDP figures barely moved the dial. At ...Reuters
Fri, Apr 11
Other
More Sudanese refugees fleeing as far as Europe, UN refugee agency says
GENEVA, April 11 (Reuters) - Over a thousand Sudanese refugees have reached or attempted to reach Europe in early 2025, the United Nations' refugee agency said on Friday, citing growing desperation in part due to reduced aid in the region.Some 12 million people have been displaced by the two-yea...Reuters
Fri, Apr 11
Commodities
European LNG imports to rise 25% in 2025, IEA forecasts
OSLO, April 11 (Reuters) - Europe's imports of liquefied natural gas (LNG) are set to increase by a quarter this year, as the continent needs to offset lower pipeline gas supplies amid a weather-driven rise in demand, the International Energy Agency (IEA) said on Friday."Over the whole of 20...Reuters
Fri, Apr 11
Other
EXCLUSIVE-China delays approval for Geely, BYD investment plans in Latin America, sources say
Geely looking to take minority stake in Renault BrazilBYD planning to build factory in MexicoChinese approval delayed amid US tariff uncertainties -sourcesGeely says cooperation with Renault already bearing fruit April 11 (Reuters) - China is delaying approval for plans by Chinese automakers Geel...Reuters
Fri, Apr 11
Other
Pirelli says US investment plans on hold over Chinese shareholder
Pirelli wants to expand production capacity in USVice chair: US local authorities object due to Chinese investorPirelli says seeking to address issues with investor SinochemKey board meeting scheduled for April 28 MILAN, April 11 (Reuters) - Pirelli PIRC.MI has put on hold plans to invest further...Reuters
Fri, Apr 11
Stocks
MORNING BID AMERICAS-Capital flight fears sink dollar: Mike Dolan
By Mike Dolan LONDON, April 11 (Reuters) - What matters in U.S. and global markets todayBy Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets It's Friday, so today I'll provide a quick overview of what's happening in global markets and then offer you some w...Reuters
Fri, Apr 11
Other
BNY kicks off 2025 with higher Q1 profit, helped by jump in assets under custody
April 11 - BNY BK.N reported a 17% jump in first-quarter profit on Friday as it managed higher assets under custody that boosted its fee income.The bank's fees, typically calculated as a percentage of assets under custody, benefited from the acquisition of new clients and heightened market volat...Reuters
Fri, Apr 11
