News
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Stocks
3 Smart Reasons to Sell Stocks in a Bear Market -- and 2 Bad Ones
The S&P 500 is now officially in a bear market, meaning it has dropped more than 20% from its recent high. The Nasdaq and several other benchmark indexes have recently been down by even more.When stocks fall, especially when it happens quickly like it has over the past couple of weeks, it is only na...The Motley Fool
Thu, Apr 10
Other
Russian prosecutors seek nearly six years in jail for four journalists accused of extremism
MOSCOW, April 10 (Reuters) - Russian prosecutors have asked for jail terms of five years and 11 months for four journalists accused of working for banned organisation of the late opposition leader Alexei Navalny, the journalists said as they were led out of court, a Reuters witness said on Thursday....Reuters
Thu, Apr 10
Economic Indicator
POLL-ECB to cut deposit rate on April 17 on downside risks to economy, inflation
Poll conducted before Trump temporarily lowered many tariffs on Wednesdayreuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=EUECBD%3DECI ECB deposit rate forecastsreuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=EUECBR%3DECI ECB refi rate forecastsreuters://realti...Reuters
Thu, Apr 10
Other
Turkey, Israel have begun talks to avoid clashes in Syria, sources say
ANKARA, April 10 (Reuters) - Turkish and Israeli officials began talks on Wednesday aimed at preventing unwanted incidents in Syria, where militaries of the two regional powers are active, Turkish ministry sources and an Israeli political source said on Thursday.The Turkish sources said the technica...Reuters
Thu, Apr 10
Other
Lockton Re appoints Gallagher Re's Dickerson to lead retro and legacy solutions
By Rebecca DelaneyApril 10 - (The Insurer) - Lockton Re has named James Dickerson head of retrospective reinsurance and legacy solutions as part of the continued build-out of its capital advisory practice.Dickerson will be based in Lockton Re’s London office. The capital advisory practice is split i...Reuters
Thu, Apr 10
Commodities
Brazil's Conab raises 2024/25 soybean output view to 167.87 million tons
SAO PAULO, April 10 (Reuters) - Brazil's national crop agency Conab on Thursday raised its forecast for 2024/25 soybean output in the world's largest producer and exporter to 167.87 million metric tones from 167.37 million tons.The agency also predicted local farmers will harvest a total cor...Reuters
Thu, Apr 10
Forex
FOREX-Dollar weakens as dust settles on Trump's shock tariff pause
Yen, Swiss franc strengthen back towards multi-month peaksYuan hits post crisis low, but then rebounds Trump paused reciprocal duties on most countries for 90 daysTrade war with Beijing intensifiesEuro up 1% Reuters LIVE coverage By Kevin Buckland and Alun John TOKYO/LONDON, April 10 (Reuters) -...Reuters
Thu, Apr 10
Other
PRESS DIGEST-Canada - April 10
April 10 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL**AtkinsRealis Group ATRL.TO, one of the largest employers in Canada's nuclear industry, is looking to recruit ...Reuters
Thu, Apr 10
Other
Demand impact from Trump tariffs 'unknowable' for US aerospace and defence sector - TD Cowen
** Trump tariffs are likely to hurt US Aerospace and Defense sector by increasing costs and disrupting supply chains, with most demand impacts remaining "unknowable", says TD Cowen** Despite these challenges, defense stocks like Boeing BA.N , RTX RTX.N , and Howmet Aerospace HWM.N are favor...Reuters
Thu, Apr 10
Other
UBS sticks to $3 billion share buyback plan despite capital changes, global uncertainty
UBS sticks to share buyback plan of up to $3 billion in 2025 in the absence of major changes to capital rules Proxy adviser says buybacks are provocation in current political context2025 will be very challenging for markets with much uncertainty, UBS saysBy Ariane LuthiLUCERNE, Switzerland, April 10...Reuters
Thu, Apr 10
Other
STMicroelectronics Details Restructuring Program
April 10 (Reuters) - STMicroelectronics NV STMPA.PA:DETAILS COMPANY-WIDE PROGRAM TO RESHAPE MANUFACTURING FOOTPRINT AND RESIZE GLOBAL COST BASEPLANNED INVESTMENTS IN ADVANCED MANUFACTURING INFRASTRUCTURE THROUGH 2027TARGETS HIGH TRIPLE-DIGIT MILLION-DOLLAR COST SAVINGS BY 2027PLANNED INVESTMENTS OVE...Reuters
Thu, Apr 10
Other
Procter & Gamble was the target of EU antitrust probe alongside Coca-Cola bottlers, Bloomberg reports
April 10 (Reuters) - Tide detergent maker Procter & Gamble PG.N has been identified as the subject of an EU antitrust regulators' investigation initiated last month that had also targeted Coca-Cola bottlers, Bloomberg reported on Thursday citing people familiar with the matter.The European C...Reuters
Thu, Apr 10
Stocks
LIVE MARKETS-Earnings season "market's moment of truth" - Saxo
STOXX 600 up 5.2% on Trump tariff pauseBanks, tech lead gains in EuropeUncertainty, economic damage still in focusNasdaq futures slip over 2% after rallyWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@...Reuters
Thu, Apr 10
Commodities
U.S. nuclear power plant outages
April 10 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Tota...Reuters
Thu, Apr 10
Stocks
If Online Prediction Markets Are Any Guide, Bitcoin Still Has a 35% Chance of Hitting $125,000 in 2025
As soon as new global tariffs were announced on April 2, Bitcoin (CRYPTO: BTC) started to head lower. It now trades under $80,000. That price level would have been unthinkable just two months ago. On Jan. 20, Bitcoin traded at an all-time high of $109,000.Here's the good news -- a surprising number ...The Motley Fool
Thu, Apr 10
Stocks
Used-car retailer CarMax misses fourth-quarter profit expectations
April 10 (Reuters) - Used-car retailer CarMax KMX.N on Thursday reported a fourth-quarter profit that missed Wall Street estimates, as higher borrowing costs kept some consumers from making big ticket purchases.Shares of the Richmond, Virginia-based company fell 7.5% in premarket trading.Used-ca...Reuters
Thu, Apr 10
Stocks
Vsee Health Inc expected to post a loss of 9 cents a share - Earnings Preview
Vsee Health Inc VSEE.OQ VSEE.O is expected to report resultson April 12 (estimated) for the period ending December 31 2024The Boca Raton Florida-based company is expected to report revenue of $3.522 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst est...Reuters
Thu, Apr 10
Commodities
EU expects to add record renewable capacity in 2025, industry sees headwinds
By Kate Abnett BRUSSELS, April 10 (Reuters) - European Union countries are projected to install a record amount of renewable energy capacity this year, European Commission projections showed, although parts of the sector warned cuts to government support could hamper this growth.EU countries are ...Reuters
Thu, Apr 10
Cryptocurrencies
China starts dumping US Treasuries as trade war keeps escalating
China might have begun dumping US Treasuries after announcing 84% tariffs on American goods this week, triggering a fresh hit to global markets on Wednesday. The decision escalates tensions with Washington as President Xi Jinping ramps up economic pressure in response to the renewed trade war led by Donald Trump’s administration. Duncan Wrigley, chief China […]Cryptopolitan
Thu, Apr 10
Stocks
RPT-BREAKINGVIEWS-US-China trade clash risks all-out financial war
By Hudson LockettHONG KONG, April 10 (Reuters Breakingviews) - In the end, Donald Trump both blinked and doubled down on tariffs. As the U.S. president announced a 90-day pause on “reciprocal” levies for most major trading partners on Wednesday, he also raised those on China from 104% to 125%. The u...Reuters
Thu, Apr 10
