News
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Commodities
Trump's changing stance on Nippon Steel bid adds confusion, sends US Steel shares lower
Trump on Monday had directed fresh look at Nippon Steel bidNippon Steel made a $14 billion bid for U.S. Steel in 2023Biden rejected the deal in JanuaryBy Andrea Shalal, Chris Sanders WASHINGTON, April 10 (Reuters) - Donald Trump's latest shift on Nippon Steel's 5401.T $14 billion bid for ...Reuters
Thu, Apr 10
Forex
Bank of Mexico: U.S. tariffs may exert pressure on both ends of inflation
MEXICO CITY, April 10 (Reuters) - Most of the Bank of Mexico's five governing board members agreed that the risks associated with U.S. President Donald Trump's tariffs will exert both upward and downward pressures on Mexican inflation."They pointed out that, on the one hand, there is a g...Reuters
Thu, Apr 10
Cryptocurrencies
Crypto derivatives remains resilient in March as spot trading took bigger hits
Crypto derivatives lost 5% of their volumes in March, while spot markets declined by 16.4%. Binance remained the leader with the biggest share of trading volumes among top crypto exchanges.Cryptopolitan
Thu, Apr 10
Economic Indicator
Fed's Bowman says tariffs' effect on economy 'unclear'
April 10 (Reuters) - Federal Reserve Governor Michelle Bowman on Thursday said the U.S. economy is strong, noted recent data showed inflation came down last month, and while she did acknowledge recent financial market volatility triggered by investor worries that U.S. President Donald Trump's tr...Reuters
Thu, Apr 10
Other
At-Bay: Ransomware attacks up nearly 20% in 2024, mid-sized businesses hit the hardest
By Mia MacGregorApril 10 - (The Insurer) - Ransomware attacks rose nearly 20% in 2024, with severity increasing 13%, according to a new report from cyber insurtech At-Bay. The 2025 InsurSec Report, which detailed new trends in cyberattacks and financial losses among businesses, noted that ransomware...Reuters
Thu, Apr 10
Economic Indicator
US House approves Republican budget plan with Trump tax cuts
WASHINGTON, April 10 (Reuters) - The U.S. House of Representatives on Thursday voted to pass a budget blueprint setting the stage for legislation later this year that could make expiring portions of President Donald Trump's 2017 tax cuts permanent.The 216-214 vote cleared the way for Republicans...Reuters
Thu, Apr 10
Other
Trump must face defamation lawsuit from 'Central Park Five' defendants
By Mike ScarcellaApril 10 (Reuters) - U.S. President Donald Trump has failed to persuade a federal judge to dismiss a lawsuit accusing him of making defamatory statements about five Black and Hispanic men who were wrongly convicted and imprisoned for the 1989 rape of a white jogger in New York’s Cen...Reuters
Thu, Apr 10
Other
CANADA RESEARCH ROUNDUP-Cargojet, Loblaw Companies, Verticalscope Holdings
April 10 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Cargojet, Loblaw Companies and Verticalscope Holdings on Thursday.HIGHLIGHTS * Cargojet Inc CJT.TO: CIBC cuts target price to C$150 from C$163* Kelt Exploration Ltd KEL.TO: CIB...Reuters
Thu, Apr 10
Other
BHSI promotes three within North America casualty business
By Mia MacGregorApril 10 - (The Insurer) - Berkshire Hathaway Specialty Insurance (BHSI) has announced three promotions within its North America casualty business, spanning teams in Chicago and New York.Matt Hale has been promoted to head of U.S. casualty underwriting operations. Based in Chicago, H...Reuters
Thu, Apr 10
Economic Indicator
Schmid: Fed watching to ensure liquidity but markets adjusting well to volatility
WASHINGTON, April 10 (Reuters) - Financial markets are adjusting well to recent volatility though the U.S. Federal Reserve is monitoring closely to ensure adequate liquidity, Kansas City Fed president Jeff Schmid said on Thursday."As we go through this cycle of disruption we do have an obligatio...Reuters
Thu, Apr 10
Other
Russia says recent talks with U.S. pave way for diplomatic normalisation, TASS reports
MOSCOW, April 10 (Reuters) - Russia's ambassador to the U.S said on Thursday that the day's talks between the two countries in Istanbul had made it possible to make progress in normalising the two countries' diplomatic missions, Russian news agency TASS reported.TASS cited Alexander Darc...Reuters
Thu, Apr 10
Cryptocurrencies
UK Crypto Market Heats Up: Best Altcoins to Surge After Kraken-Mastercard Partnership
Kraken, the popular cryptocurrency platform, has partnered with MasterCard, which will allow users to spend their crypto assets, from established best altcoins to new meme coins, directly at more than 150M merchants. This partnership can be a historic move in the payment industry, as it will allow u...NewsBTC
Thu, Apr 10
Other
Coalition launches new surplus lines cyber policy
By Isha MaratheApril 10 - (The Insurer) - Cyber insurtech Coalition has launched a new active cyber policy, which it describes as a reimagined U.S. surplus lines cyber policy with data-driven coverage, a simplified structure and more precise articulation of covered scenarios and triggers. The 11 co...Reuters
Thu, Apr 10
Stocks
GLOBAL MARKETS-Stocks drop after previous day's eye-popping relief rally; dollar also down
US stocks fall early even as consumer prices unexpectedly fallEurope, Asia stocks rally after Trump pauses most tariffsBond market rout stabilizesBy Caroline Valetkevitch NEW YORK, April 10 (Reuters) - Major stock indexes fell on Thursday, with the Nasdaq down more than 3% in early trading, after...Reuters
Thu, Apr 10
Other
Fed's Bowman vows 'pragmatic' rulemaking as top bank regulator
By Pete Schroeder WASHINGTON, April 10 (Reuters) - Federal Reserve Governor Michelle Bowman told lawmakers on Thursday that she would overhaul how the U.S. central bank monitors large banks, encourage innovation, and pursue "pragmatic" rules for the financial system.Testifying before the ...Reuters
Thu, Apr 10
Other
Teamsters Says Workers At Sysco’s Kent Distribution Center Unanimously Ratify Contract
April 10 (Reuters) - TEAMSTERS:TEAMSTERS: WORKERS AT SYSCO’S KENT, WASH., DISTRIBUTION CENTER HAVE UNANIMOUSLY RATIFIED THEIR FIRST TEAMSTERS CONTRACTTEAMSTERS: NEW AGREEMENT PROVIDES DEFINED-BENEFIT PENSION, FULLY EMPLOYER-PAID TEAMSTERS HEALTH CARE, SIGNIFICANT WAGE INCREASES TO SYSCO WORKERSSourc...Reuters
Thu, Apr 10
Other
Europeans discuss Ukraine peace force but big questions unanswered
European defence ministers meet on 'reassurance force'France, Britain host 'coalition of the willing' at NATO HQMinisters say need clarity on mission, rules of engagementEuropeans make plans but they are sceptical Putin wants ceasefireBy Andrew Gray and Benoit Van Overstraeten BR...Reuters
Thu, Apr 10
Other
Job&Talent Raises EUR 92 Million Funding To Accelerate AI-Powered Growth
April 10 (Reuters) - JOB&TALENT:JOB&TALENT RAISES EUR 92 MILLION FUNDING TO ACCELERATE AI-POWERED GROWTHJOB&TALENT: FUNDING ROUND BACKED BY ATOMICO, BLACKROCK, DN CAPITAL, HERCULES, INFRAVIA, KIBO, AND KINNEVIKReuters
Thu, Apr 10
