News
Important Only
Economic Indicator
Poland wants to spend 5% of GDP on defence in 2026, minister says
WARSAW, April 3 (Reuters) - Poland wants to spend 5% of gross domestic product (GDP) on defence in 2026, Defence Minister Wladyslaw Kosiniak-Kamysz said on Thursday after a European Union defence ministers meeting in Warsaw.Galvanised by Russia's invasion of neighbouring Ukraine three years ago,...Reuters
Thu, Apr 3
Other
Fortune Brands Names Jonathan Baksht Executive Vice President And Chief Financial Officer
April 3 (Reuters) - Fortune Brands Innovations Inc FBIN.N:FORTUNE BRANDS NAMES JONATHAN BAKSHT EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER; SETS DATE FOR FIRST QUARTER 2025 EARNINGS ANNOUNCEMENT AND INVESTOR CONFERENCE CALLFORTUNE BRANDS INNOVATIONS INC - NAMES JONATHAN BAKSHT AS EVP AND CF...Reuters
Thu, Apr 3
Economic Indicator
Brokerages raise risks for US recession after Trump's latest tariffs
By Siddarth S April 3 (Reuters) - Brokerages HSBC, Deutsche Bank and BofA warned on Thursday that the U.S. economy faces a higher risk of slipping into a recession this year if President Donald Trump's sweeping new levies remain in place.Trump on Wednesday imposed a 10% baseline tariff on all...Reuters
Thu, Apr 3
Stocks
GLOBAL MARKETS-Wall Street set to plunge as Trump tariffs rout dollar
Stocks tumble as Trump tariffs feed recession fearsDollar heads for biggest drop since November 2022 Bonds, yen and other traditional safe havens rallyBy Marc Jones LONDON, April 3 (Reuters) - World stocks, the dollar and oil all tumbled on Thursday as President Donald Trump’s drastic new U.S. tr...Reuters
Thu, Apr 3
Stocks
LIVE MARKETS-S&P 500 futures trade sharply lower on tariff tumult
US equity index futures plunge; Nasdaq 100 falls >4%Initial jobless claims 219k vs 225k estimateFeb Intl trade -$122.7B vs -$123.5B estimate Euro STOXX 600 index down >2%Dollar down ~1.5%; gold off ~2%; bitcoin off >4%; crude down >6%US 10-Year Treasury yield slides to ~4.03%Welcome to t...Reuters
Thu, Apr 3
Other
Caterpillar Appoints Christy Pambianchi As CHRO Effective May 1
April 3 (Reuters) - Caterpillar Inc CAT.N:CATERPILLAR ANNOUNCES APPOINTMENT OF EXECUTIVE OFFICER, CHIEF HUMAN RESOURCES OFFICER CHRISTY PAMBIANCHICATERPILLAR INC - APPOINTS CHRISTY PAMBIANCHI AS CHRO EFFECTIVE MAY 1Reuters
Thu, Apr 3
Other
ADVISORY-Alert on partnership wrongly tagged to Turvo International withdrawn
An alert on privately held transport management system provider Turvo LLC announcing a partnership with SMC3 was incorrectly tagged to Taiwan-based precision metal components maker Turvo International Co Ltd 2233.TW, an unrelated company, and has been withdrawn.There will be no substitute.STORY_NUMB...Reuters
Thu, Apr 3
Stocks
MIDEAST STOCKS-Gulf bourses in red on Trump's sweeping tariffs
By Ateeq Shariff April 3 (Reuters) - Stock markets in the Gulf ended lower on Thursday due to concerns that sweeping U.S. reciprocal tariffs will worsen global trade tensions and could tip the world into recession.On Wednesday, U.S. President Donald Trump unveiled a 10% baseline tariff on all imp...Reuters
Thu, Apr 3
Forex
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 1% higher at C$1.408 to the greenback, or 71.02 U.S. cents, after trading in a range of 1.407 to 1.4319.Canadian government 10-year bond yields CA10YT=R...Reuters
Thu, Apr 3
Other
REFILE-China regrets and does not recognise Fitch rating downgrade, finance ministry says
BEIJING, April 3 (Reuters) - China finance ministry on Thursday said China "deeply" regrets and does not recognise Fitch downgrading China's long-term foreign currency rating to "A" from "A+".In a statement, the ministry said the decision "is biased and cannot fully a...Reuters
Thu, Apr 3
Stocks
Citi reshuffles U.S. retail stock ratings after reciprocal tariff announcement
Investing.com -- Citi has made a series of rating adjustments across U.S. retail stocks, reacting to a shifting macro backdrop marked by higher tariffs and rising recession risks.The Wall Street firmInvesting.com
Thu, Apr 3
Stocks
3 High-Yielding Dividend Stocks That Retirees Can Buy and Forget About
"Buy and hold" is a simple strategy for investors, but it can be a hard one to stick to in actual practice. That's because many people want to pick stocks and trade them, and feel like they need to actively intervene to generate significant gains. But often, just leaving your investments alone is th...The Motley Fool
Thu, Apr 3
Commodities
Trump slaps tiny African kingdom of Lesotho with highest tariff of all
April 3 (Reuters) - The tiny southern African kingdom of Lesotho has been hit with a 50% reciprocal trade tariff by U.S. President Donald Trump, the highest levy of any single state on his long list of target economies.Lesotho, which Trump had ridiculed in March as a country "nobody has ever hea...Reuters
Thu, Apr 3
Stocks
NYSE Content Advisory: Pre-Market Update + Wall Street Responds to Tariffs
NEW YORK, April 3, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE=" ...PR Newswire
Thu, Apr 3
Other
German industry expects severe hit from Trump tariffs
US is Germany's biggest trading partnerTariffs could cost German economy 200 bln eurosDuties are "unprecedented attack" on free trade, BDI saysBy Christoph Steitz and Rene WagnerFRANKFURT/BERLIN, April 3 (Reuters) - Far-reaching tariffs announced by the U.S. will deal a major blow to Ger...Reuters
Thu, Apr 3
