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Apollo names ex-Hiscox Re CEO Krefta as non-exec director
By Rebecca DelaneyApril 1 - (The Insurer) - Lloyd's insurer Apollo has appointed Mike Krefta as non-executive director of Apollo Syndicate Management. The appointment is subject to regulatory approval. Krefta previously spent 17 years at Hiscox, latterly as CEO of Hiscox Re & ILS in Bermuda....Reuters
Tue, Apr 1
Economic Indicator
Analysts cut Mexico's 2025 growth forecast to 0.5%
MEXICO CITY, April 1 (Reuters) - Private sector analysts expect the Mexican economy to grow just 0.5% this year, a drop from their February forecast of 0.81%, a Mexican central bank survey showed Tuesday. Analysts expect Mexico's benchmark interest rate to end the year slightly lower, at 8.0%, i...Reuters
Tue, Apr 1
Commodities
Euronext touts growth in core agricultural contracts, cautious on new ones
Euronext says focused on existing wheat, rapeseed, maize futuresNon-European players targetted after record 2024 volumesGroup wary of diluting volumes with Black Sea productsBy Gus Trompiz and Sybille de La Hamaide PARIS, April 1 (Reuters) - Euronext ENX.PA aims to build on last year's record...Reuters
Tue, Apr 1
Stocks
Eli Lilly and Ralph Lauren included in BofA's 'Top 10 US Ideas for Q2 2025' list
Investing.com -- Bank of America released its Top 10 US Ideas for Q2 2025 note on Tuesday, highlighting stocks the firm believes have significant market and business-related catalysts in the months ahInvesting.com
Tue, Apr 1
Other
Alibaba prepares for flagship AI model release as soon as April, Bloomberg News reports
April 1 (Reuters) - China's tech and e-commerce giant Alibaba Group 9988.HK is planning to release Qwen 3, an upgraded version of its flagship AI model, as soon as this month, Bloomberg News reported on Tuesday, citing a person familiar with the matter.The new release may arrive later in April, ...Reuters
Tue, Apr 1
Other
Dongfeng Motor And Changan Automobile Conducted Detailed Talks On Potential Merger- NYT
April 1 (Reuters) - DONGFENG MOTOR AND CHANGAN AUTOMOBILE HAVE CONDUCTED DETAILED TALKS ON HOW TO COMBINE THEIR OPERATIONS - NYTDONGFENG MOTOR AND CHANGAN AUTOMOBILE HAVE TOLD THEIR FOREIGN PARTNERS OF THEIR INTENTIONS TO MERGE - NYTSource text: [https://tinyurl.com/25nsyvkp]Reuters
Tue, Apr 1
Stocks
EMERGING MARKETS-Latam currencies trade in a tight range as markets brace for US tariffs
MSCI Latam FX index little changed, stocks up 0.8%Poll: Mexican peso to trade stable in coming months Chile's economic activity unexpectedly down in FebruaryArgentina pursues trade deal in Washington as Trump tariffs loomBy Johann M Cherian April 1 (Reuters) - Investor mood across Latin Ameri...Reuters
Tue, Apr 1
Other
Democratic-led states sue to block Trump from $11 billion health funding cut
By Nate Raymond April 1 (Reuters) - A group of Democratic-led states on Tuesday sued Republican U.S. President Donald Trump's administration to challenge its cancellation of $11 billion in federal grants the states were allocated during the COVID-19 pandemic.Attorneys general and governors fr...Reuters
Tue, Apr 1
Commodities
EXPLAINER-What are the EU's options in response to Trump tariffs?
By Philip Blenkinsop BRUSSELS, April 1 (Reuters) - European Commission President Ursula von der Leyen said on Tuesday that the European Union had a "strong plan" to retaliate against tariffs imposed by U.S. President Donald Trump, although it preferred a negotiated solution.The Trump admi...Reuters
Tue, Apr 1
Other
Airbus delivered about 70 jets in March, up 11%, sources say
PARIS, April 1 (Reuters) - Airbus AIR.PA delivered about 70 planes in March, industry sources said on Tuesday, up sharply from 40 in the previous month and up about 11% from March last year.The European planemaker declined to comment ahead of a monthly progress report to be published next week.Reuters
Tue, Apr 1
Other
Bowhead Specialty adds Barton from Cowbell as head of cyber claims
By Mia MacGregorApril 1 - (The Insurer) - Former Cowbell vice president of claims Rebecca Barton has joined Bowhead Specialty as head of cyber claims, based in New York. Barton joins the company after three years at Cowbell, during which she also served as cyber claims counsel and director of claims...Reuters
Tue, Apr 1
Commodities
TABLE-Big Oil's climate targets
April 1 (Reuters) - Many European energy majors have in recent weeks weakened their emissions cuts and renewable energy targets, as big U.S. oil and gas producers still lag their European rivals in setting climate targets.Scientists say the world must cut greenhouse gas emissions by around 43% by 20...Reuters
Tue, Apr 1
Other
Booz Allen hires Le as global head of cyber insurance strategy
By Isha MaratheApril 1 - (The Insurer) - Booz Allen Hamilton has hired Theresa Le, former chief claims officer at Cowbell, as global head of cyber insurance strategy. Le has 25 years of experience across law and insurance. Before a three-year tenure at Zurich-backed Cowbell, she held roles at Swiss...Reuters
Tue, Apr 1
Economic Indicator
TREASURIES-US yields drop after data with tariff announcements on deck
US manufacturing PMI drops to 49.0, signaling contractionJob openings fall by 194,000 amid tariff uncertaintyFed officials cautious on rate cuts amid inflation concernsBy Chuck Mikolajczak NEW YORK, April 1 (Reuters) - U.S. Treasury yields were sharply lower on Tuesday, after economic data indica...Reuters
Tue, Apr 1
Commodities
Italian coffee maker Illy warns tariffs will push up US prices
By Elisa Anzolin MILAN, April 1 (Reuters) - Italian premium coffee maker Illycaffe' will be forced to raise prices in response to any tariffs imposed this week by U.S. President Donald Trump's administration, its CEO Cristina Scocchia said on Tuesday.Scocchia added that Illy would also l...Reuters
Tue, Apr 1
Other
CANADA RESEARCH ROUNDUP-G Mining Ventures, Rogers Communications, Sigma Lithium
April 1 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including G Mining Ventures, Rogers Communications and Sigma Lithium on Tuesday.HIGHLIGHTS * Air Canada AC.TO: Jefferies cuts to underperform from hold * G Mining Ventures Corp GMIN.TO: C...Reuters
Tue, Apr 1
Stocks
Milestone Pharma falls after TD Cowen downgrades to "hold", removes PT
** Shares of drug developer Milestone Pharmaceuticals MIST.O fall 8% to 73 cents, extending decline to third day ** Brokerage TD Cowen downgrades MIST to "hold" from "buy", removes PT ** Cites etripamil's regulatory and commercial timing uncertainty ** "The lack ...Reuters
Tue, Apr 1
Stocks
CANADA STOCKS-TSX slips as investors brace for reciprocal US tariffs
By Sanchayaita Roy April 1 (Reuters) - Canada's main stock index fell on Tuesday, hurt by losses in communication shares, as investors avoided risk ahead of U.S. President Donald Trump's planned reveal of reciprocal tariffs on Wednesday.Toronto Stock Exchange's S&P/TSX composite ...Reuters
Tue, Apr 1
Other
Mexico president has more names of alleged drug traffickers for US extradition
MEXICO CITY, April 1 (Reuters) - Mexican President Claudia Sheinbaum said on Tuesday that there are more lists of names of alleged drug traffickers for extradition to the United States. In February, Mexico handed over nearly 30 jailed convicts or others accused of ties to violent drug cartels to U.S...Reuters
Tue, Apr 1
