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SLB Expects Global Upstream Investment To Decline Compared To 2024
April 25 (Reuters) - Schlumberger NV SLB.N:SLB CEO LE PEUCH EXPECTS GLOBAL UPSTREAM INVESTMENT TO DECLINE COMPARED TO 2024SLB CEO LE PEUCH EXPECTS FLAT TO MID-SINGLE DIGIT REVENUE GROWTH IN THE SECOND HALF OF THE YEAR COMPARED WITH THE FIRST HALFSLB SAYS HALF OF CO'S OPERATIONS ARE POTENTIALLY E...Reuters
Fri, Apr 25
Other
Axis Capital, Enstar complete $2.3 billion reinsurance LPT
By Mia MacGregorApril 25 - (The Insurer) - Axis Capital and Enstar Group have completed their previously announced loss portfolio transfer reinsurance agreement, covering a portion of the Bermudian carrier's reinsurance segment business.The deal, first announced in December 2024, is structured a...Reuters
Fri, Apr 25
Other
Two civilians killed in Ukrainian attack on Russia's Belgorod region, governor says
MOSCOW, April 25 (Reuters) - Two civilians were killed and one critically injured following a Ukrainian drone attack on a car in Russia's Belgorod region on Friday, local governor Vyacheslav Gladkov said.Reuters
Fri, Apr 25
Stocks
AbbVie Inc reports results for the quarter ended March 31 - Earnings Summary
AbbVie Inc ABBV.N reported quarterly adjusted earnings of $2.46 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $2.31. The mean expectation of sixteen analysts for the quarter was for earnings of $2.38 per share. Wall Street expec...Reuters
Fri, Apr 25
Economic Indicator
Russia keeps key rate on hold, braces for global turbulence
Inflation starts to decline, turning point expected in MayGlobal economic turbulence seen as key inflationary factorRouble strength seen as more sustainable in AprilEconomy slowing with oil price drop; budget revenue decliningBy Elena Fabrichnaya and Gleb Bryanski MOSCOW, April 25 (Reuters) - The...Reuters
Fri, Apr 25
Stocks
FACTBOX-Brokerages slash S&P 500 annual targets, GDP forecasts on tariff turmoil
April 25 (Reuters) - Analysts expect U.S. President Donald Trump's tariffs to weaken global economic growth, fuel volatility in markets and raise inflationary pressures. Earlier this week, Deutsche Bank, which had held the highest year-end target for the S&P 500 .SPX index so far, slashed ...Reuters
Fri, Apr 25
Other
Lilly requests EMA to re-examine Alzheimer's drug recommendation
April 25 (Reuters) - Eli Lilly LLY.N has requested Europe's medicines regulator to re-examine its opinion on the company's Alzheimer's drug, the agency said on Friday. Last month, the regulator had rejected the drug, Kisunla, saying that the treatment's ability to slow cognitive decl...Reuters
Fri, Apr 25
Stocks
Aon shares trade down 9% on earnings miss despite reaffirming 2025 guidance
By Scott VincentApril 25 - (The Insurer) - Aon's management remain confident of achieving its full-year guidance for mid-single-digit or greater organic growth, but investors sent the company's shares down 9% in early trading in New York on Friday after it reported a quarterly earnings miss....Reuters
Fri, Apr 25
Forex
FOREX-Dollar set for first weekly gain since March on signs of easing US-China tensions
Dollar set for first weekly rise since mid-MarchChina grants some U.S. tariff exemptionsU.S. negotiations with allies Japan, South Korea making progressSterling ignores strong UK retail salesBy Hannah Lang and Amanda Cooper NEW YORK/LONDON, April 25 (Reuters) - The dollar headed for its first wee...Reuters
Fri, Apr 25
Other
REFILE-Lilly requests EMA to reexamine Alzheimer's drug recommendation
April 25 (Reuters) - Eli Lilly LLY.N has requested Europe's drug regulator to re-examine its opinion on the company's Alzheimer's drug, the agency said on Friday.Last month, the regulator had rejected the drug, Kisunla, saying that the treatment's ability to slow cognitive decline wa...Reuters
Fri, Apr 25
Cryptocurrencies
Six of the Best Crypto Market Makers Supplying Liquidity in 2025
Crypto market makers: always essential, occasionally controversial, frequently misunderstood. It’s a thankless task, but market makers – or MMs as it’s easier to say – aren’t in it for the plaudits. They treat their duty as a business, cos that’s exactly what it is: the business of keeping crypto ma...NewsBTC
Fri, Apr 25
Other
USTR discussing reciprocal arrangements with Japan, others that could cut 10% duties
WASHINGTON, April 25 (Reuters) - The U.S. Trade Representative's office said on Friday that it is "constantly engaged" with Japan and other countries on alternative reciprocal trade arrangements that could eliminate or reduce the current 10% tariff levels on most countries.A USTR spokesp...Reuters
Fri, Apr 25
Stocks
Alphabet climbs as AI bets drive ad strength, quelling market fears
By Deborah Mary Sophia April 25 (Reuters) - Alphabet GOOGL.O shares jumped about 3% on Friday, after a solid earnings report from the Google parent showed investors that its bold bets on AI were fueling growth in the core advertising business, soothing some concerns around competition and tariff-...Reuters
Fri, Apr 25
Stocks
Erie Indemnity hits 10-month low after Q1 profit miss
** Property and casualty insurer Erie Indemnity's ERIE.O shares slide as much as 14.4% in early trading, hitting their lowest since June 2024** Stock last down 13.1% at $355.13** ERIE late Thursday reported Q1 profit below Wall Street expectations, its first miss in more than two years, per LSEG...Reuters
Fri, Apr 25
Stocks
GE Healthcare rises after report says China may suspend tariffs on medtech
** Shares of medical device maker GE Healthcare Technologies GEHC.O rise 3% to $69.03** China's government is considering suspending its 125% tariff on some U.S imports, including medical equipment and some industrial chemicals like ethane, according to a Bloomberg News report** Brokerage J.P. M...Reuters
Fri, Apr 25
Stocks
SMCI: 'Positive AI server demand momentum offset by heightened competition' – Citi
Investing.com -- On Friday, Citi initiated coverage of Super Micro Computer (NASDAQ:SMCI) with a Neutral rating and $39 target price. The bank cited strong secular growth in AI infrastructure but warnInvesting.com
Fri, Apr 25
Other
Seating plan for a pope's funeral – it's complicated, or compliqué
Delegations at Pope Francis' funeral seated by French alphabetReigning monarchs will sit in front of other heads of stateUS President Trump likely to be in first few rowsBy Philip Pullella VATICAN CITY, April 25 (Reuters) - They may be the most powerful people on earth, but for the seating ar...Reuters
Fri, Apr 25
Stocks
Centene shares dip on higher Medicaid spending
Centene's Medicaid costs exceed estimates, impacting sharesMedicaid memberships decline, commercial plans see growthCentene raises revenue forecast due to Obamacare plan successBy Sneha S K, Amina NiasseApril 25 (Reuters) - Centene CNC.N beat quarterly profit estimates and raised its annual rev...Reuters
Fri, Apr 25
Forex
FX firm Argentex agrees takeover by IFX Payments, CEO steps down
2.49 pence per share offer values Argentex at 3 million poundsIFX also provides secured bridge funding of 6.5 million poundsArgentex CEO steps down, COO Tim Rudman named interim CEOFurther liquidity support discussions with IFX ongoing April 25 (Reuters) - British currency risk management company...Reuters
Fri, Apr 25
Stocks
Gold miners fall as U.S.-China trade tensions ease, dollar rises
** Shares of gold miners fall, tracking fall in bullion prices GOL/** Gold prices decline on dollar's rise and signs of easing U.S.-China trade tensions following a report that Beijing has exempted some U.S. goods from its tariffs** Spot gold XAU= down 1.9% to $3,284.13 an ounce** Top miners New...Reuters
Fri, Apr 25
