News
Important Only
Other
Brazil to take all measures to defend from U.S. tariffs, says Lula
SAO PAULO, April 3 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Thursday his government would take "all appropriate measures" to defend Brazilian firms and workers from the impact of fresh tariffs imposed by U.S. President Donald Trump."We defend multilateralism and ...Reuters
Thu, Apr 3
Economic Indicator
Trump's tariff formula confounds the world, punishes the poor
Formula imposes some of the highest tariffs on poorest nationsTariff calculation for EU is branded 'colossal inaccuracy'Formula raises questions over how negotiations can commence By Mark John April 3 (Reuters) - Ridiculed for imposing trade tariffs on frozen islands largely inhabited...Reuters
Thu, Apr 3
Stocks
Copper miners fall as Trump's latest tariffs fan recession fears
** Copper miners extend premarket losses as price of the key metal slips on fears U.S. President Donald Trump's aggressive tariffs on key trading partners could fuel a global recession** Benchmark three-month copper CMCU3 on the London Metal Exchange down 2.7% to $9,441.5 per metric ton** Copper...Reuters
Thu, Apr 3
Stocks
US footwear makers slip following Trump's new tariffs on Asian countries
** Shares of U.S. footwear makers fall after President Donald Trump imposes new tariffs on Asia production hubs, including Vietnam, Indonesia and China** These countries, including Bangladesh, are key sourcing markets for sportswear companies such as Nike NKE.N and Roger Federer-backed On Holding ON...Reuters
Thu, Apr 3
Other
Trump TikTok decision to come before deadline, US vice president says
WASHINGTON, April 3 (Reuters) - The Trump administration's decision on an American buyer for the short-video social media site TikTok will come before a weekend deadline, Vice President JD Vance said on Thursday. Bidders for TikTok are piling up as Saturday's deadline approac...Reuters
Thu, Apr 3
Stocks
Regional banks down as Trump's tariffs trigger recession fears
** Shares of U.S. regional banks down after President Trump slapped reciprocal tariffs on major geographies, sparking recession fears among investors** Some regional banks like Fifth Third Bancorp FITB.O, M&T Bank MTB.N, Keycorp KEY.N and Comerica CMA.N fell, with Western Alliance WAL.N leading ...Reuters
Thu, Apr 3
Stocks
CANADA STOCKS-TSX slumps to near three-week low as Trump's tariffs stir recession fears
By Sanchayaita Roy April 3 (Reuters) - Canada's main index tumbled on Thursday in broad-based declines as U.S. President Donald Trump's reciprocal tariffs escalated the global trade war and sparked worries of a recession.Toronto Stock Exchange's S&P/TSX composite index .GSPTSE wa...Reuters
Thu, Apr 3
Other
Allianz Commercial hires five from Axa XL to expand US construction team
By Isha MaratheApril 3 - (The Insurer) - Allianz Commercial has added Kristen Hoskinson, Emily Hernandez, Alexander Hansen, Karima Jones and Jared Bush-Howe to its construction master builders' risk team.The hires are all set to join by mid-April.Hoskinson has joined as executive underwriter te...Reuters
Thu, Apr 3
Stocks
GLOBAL MARKETS-Stocks, US dollar sink as Trump tariffs fuel economic worries
S&P 500 down more than 4% in early tradingDollar down against euro, yen Safe-haven bonds rallyBy Caroline Valetkevitch and Marc Jones NEW YORK/LONDON, April 3 (Reuters) - Stock indexes tumbled, with the S&P 500 down more than 4% in morning New York trading on Thursday, and the U.S. do...Reuters
Thu, Apr 3
Stocks
US bank stocks sink as Trump's tariffs cloud dealmaking, loan demand
April 3 (Reuters) - Shares of U.S. banks tumbled to multi-month lows on Thursday, after President Donald Trump's sweeping tariffs plan sparked fears of weaker capital markets and a slowdown in consumer spending.Citigroup C.N fell 11%, while Bank of America BAC.N, Morgan Stanley MS.N, Goldman Sac...Reuters
Thu, Apr 3
Stocks
Warren Buffett's Stance on Import Tariffs Raises Flags. But Don't Ignore His Words on Investing During Times of Market Turmoil.
Investors often look to Warren Buffett during times of trouble because the billionaire has been through just about every market environment imaginable. And during the ups and downs, he's persisted, standing by his pledge to buy shares of quality companies for reasonable prices and hold on for the lo...The Motley Fool
Thu, Apr 3
Other
CANADA RESEARCH ROUNDUP-Endeavour Silver, Great-West Lifeco, Rogers Communications
April 3 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Endeavour Silver, Great-West Lifeco and Rogers Communications, on Thursday.HIGHLIGHTS * Allied Gold Corp AAUC.TO: CIBC raises target price to C$5.6 from C$5.3* Endeavour Silver ...Reuters
Thu, Apr 3
Stocks
Lamb Weston beats quarterly estimates on cost cuts, shares jump
April 3 (Reuters) - Lamb Weston LW.N beat third-quarter revenue and profit estimates on Thursday, as the frozen potato products maker benefited from its cost cuts and regained sales it had lost last year during its transition to a new database.Its shares rose about 8% in early trading. The company s...Reuters
Thu, Apr 3
Stocks
Major US insurers slide as latest tariffs fuel uncertainty
** Shares of U.S. insurers slump as President Donald Trump's reciprocal tariffs on major trading partners amplify recession fears** "Our outlook for the global P&C reinsurance industry is revised to "stable" from "positive" due to increased global geopolitical uncertainty...Reuters
Thu, Apr 3
Other
Hub acquires Illinois-based agency Dansig
By Isha MaratheApril 3 - (The Insurer) - Hub International Limited has acquired Decatur, Illinois-based Dansig Insurance Risk Advisors, an independent insurance risk advisor offering employee benefits services, and commercial and personal insurance.The financial terms of the deal were not disclosed...Reuters
Thu, Apr 3
Stocks
2 Tech Stocks With More Potential Than Any Cryptocurrency
The cryptocurrency market temporarily got a boost following President Donald Trump's electoral win, as some investors hoped his lighter approach to crypto regulation and outright promotion of certain coins would lift many digital tokens higher.But the threat of tariffs, fears of a potential recessio...The Motley Fool
Thu, Apr 3
Economic Indicator
INSTANT VIEW-Global stocks, and yields, nosedive as Trump tariffs fan trade war fears
April 3 (Reuters) - World markets were left reeling on Thursday after U.S. President Donald Trump unveiled reciprocal tariffs to match duties put on U.S. goods by other countries. Stock markets tumbled and investors dashed to the relative safety of bonds, gold and the yen. The S&P 500 .SPX a...Reuters
Thu, Apr 3
Stocks
Dental and medical supply firms fall after Trump's reciprocal tariff announcement
** Shares of dental and medical supply firms fall after President Trump imposes reciprocal tariffs ** President Donald Trump imposed an additional 34% tariff on China and 20% tariff on EU; Japan with 24%, South Korea with 25% and Taiwan with 32%** Brokerage Leerink Partners says dental manufacturer...Reuters
Thu, Apr 3
Other
FACTBOX-Walmart, Best Buy, Nike's major supply hubs in Asia
By Juveria Tabassum April 3 (Reuters) - President Donald Trump's move to impose sweeping tariffs on U.S. imports could force major retailers to raise prices on products ranging from apparel and footwear to electronics as supply hubs Vietnam, Cambodia and Bangladesh reel from fresh levies.Here...Reuters
Thu, Apr 3
