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Germany's Social Democrats to name ministers after member vote, says leader
BERLIN, April 9 (Reuters) - Germany's Social Democrats will name its ministers after party members approve a government coalition agreement with the conservatives, SPD party leader Lars Klingbeil said on Wednesday.The SPD will be given seven ministries, Klingbeil said.Those ministries include fi...
Reuters
Wed, Apr 9
Other
CORRECTED-Quick, Ralf & Grant hires Gattinger in European growth push
By Aidan GregoryApril 8 - (The Insurer) - Lloyd’s broker Quick, Ralf & Grant has appointed Dennis Gattinger as head of Europe, effective immediately.In a statement on Tuesday, QRG said Gattinger will be based in Barcelona and report to CEO Robert Ralf.He has joined the firm from Alta Signa, a sp...
Reuters
Wed, Apr 9
Other
UK's Reeves says she still intends to keep fiscal rules for whole parliamentary term
LONDON, April 9 (Reuters) - British finance minister Rachel Reeves said on Wednesday she still intended to stick to her self-imposed fiscal rules until the end of the government's term of office in 2029, despite global economic turmoil. Asked by a reporter if the government's fiscal rules wo...
Reuters
Wed, Apr 9
Stocks
This AI Stock Just Flashed a Big Buy Signal
Like the rest of the stock market, Broadcom (NASDAQ: AVGO) was hit hard by the stock market sell-off. The two-day crash that followed President Donald Trump's tariffs announcement pushed Broadcom stock down 15%. It's now down more than 37% from its peak in December.However, management gave the stock...
The Motley Fool
Wed, Apr 9
Other
REFILE-REGENERON PHARMACEUTICALS INC
: MORGAN STANLEY CUTS TARGET PRICE TO $1081.00 FROM $1150.00 (CLARIFIES COMPANY NAME)
Reuters
Wed, Apr 9
Cryptocurrencies
China set to hold high-level meeting in response to US tariffs – Insiders
According to sources familiar with the matter, Chinese lawmakers are reportedly set to convene a high-level emergency meeting on Wednesday in response to a supposed trade standoff with the United States. The discussions are expected to focus on a package of economic support legislation to improve domestic consumption and stabilize volatile capital markets. The anonymous […]
Cryptopolitan
Wed, Apr 9
Other
Deals of the day-Mergers and acquisitions
April 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** China Mobile 600941.SS said it will buy a 15.5% stake in Hong Kong-based broadband service provider HKBN 1310.HK for HK$1.20 billion ($154.64 million) throug...
Reuters
Wed, Apr 9
Stocks
CANADA STOCKS-TSX opens lower as US-China trade war escalates with new tariffs
April 9 (Reuters) - Canada's main stock index opened lower on Wednesday, with energy stocks leading the losses, as China more than doubled its tariffs on U.S. goods in retaliation after President Donald Trump's reciprocal tariffs took effect.At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exch...
Reuters
Wed, Apr 9
Stocks
US STOCKS SNAPSHOT-Wall Street mixed at open as China raises tariffs on US goods
April 9 (Reuters) - Wall Street's main indexes were mixed at the open on Wednesday after China announced more levies on U.S. goods, retaliating to President Donald Trump's reciprocal tariffs that took effect earlier in the day.The Dow Jones Industrial Average .DJI fell 257.7 points, or 0.68%...
Reuters
Wed, Apr 9
Commodities
US natural gas prices slide 2% to 2-month low on worries tariffs could cut energy demand
US LNG export feedgas on track to hit record high in AprilUS gas production on track to decline in April from record high in MarchUS gas inventories on track for rare build in MarchBy Scott DiSavino April 9 (Reuters) - U.S. natural gas futures slid about 2% to a two-month low on Wednesday along w...
Reuters
Wed, Apr 9
Commodities
Caspian pipeline partially restores Kazakh oil loadings in Black Sea
CPC says two of three moorings are engaged in operationsThis eases worries about drop in Kazakh oil output, exportsKazakhstan has been pumping oil above OPEC+ quota MOSCOW, April 9 (Reuters) - The Caspian Pipeline Consortium resumed loading oil at one of two previously shut Black Sea's mo...
Reuters
Wed, Apr 9
Stocks
Pharma stocks slide after Trump signals tariffs on sector
Investing.com -- Shares in major U.S. and European pharmaceutical companies fell sharply Wednesday, underperforming a broader market downturn, after U.S. President Donald Trump said the country would
Investing.com
Wed, Apr 9
Stocks
Simply Good Foods Co reports results for the quarter ended February 28 - Earnings Summary
Simply Good Foods Co SMPL.OQ reported quarterly adjusted earnings of 46 cents per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of 40 cents. The mean expectation of ten analysts for the quarter was for earnings of 40 cents per share...
Reuters
Wed, Apr 9
Stocks
Delta Air Lines Inc reports results for the quarter ended March 31 - Earnings Summary
Delta Air Lines Inc DAL.N reported quarterly adjusted earnings of 46 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 38 cents per share....
Reuters
Wed, Apr 9
Stocks
Neogen Corp reports results for the quarter ended February 28 - Earnings Summary
Neogen Corp NEOG.OQ reported quarterly adjusted earnings of 10 cents per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of four analysts for the quarter was for earnings of 11 cents per share. Wall St...
Reuters
Wed, Apr 9
Cryptocurrencies
Dogecoin Whales Offload Over 1.32 Billion DOGE In 48 Hours – Risk-Off Or Panic Selling?
Dogecoin is once again in the spotlight, but for all the wrong reasons. The popular meme coin has experienced massive selling pressure over the last few days, driven by heightened global tensions and ongoing macroeconomic uncertainty. On Monday, DOGE set a fresh local low around $0.129, further conf...
NewsBTC
Wed, Apr 9
Stocks
MIDEAST STOCKS-Most Gulf markets retreat as global trade war escalates
By Ateeq Shariff April 9 (Reuters) - Most stock markets in the Gulf ended lower on Wednesday, tracking a global selloff triggered by the latest U.S.-China trade war escalation.U.S. President Donald Trump's eye-watering 104% tariffs on China came into effect on Wednesday, prompting a swift ret...
Reuters
Wed, Apr 9
Other
Coalition deal shows Germany's strength, says chancellor designate Merz
BERLIN, April 9 (Reuters) - German chancellor designate Friedrich Merz said on Wednesday that the coalition agreement his conservatives reached with the Social Democrats was a sign that Europe could rely on Germany.The agreement "is a very strong and clear signal to the citizens of our country. ...
Reuters
Wed, Apr 9
Stocks
Tariff turmoil leaves investors with few hiding places
Dollar and U.S. Treasuries take a hitGold near record peakBy Amanda Cooper and Yoruk Bahceli LONDON, April 9 (Reuters) - Investors are dumping U.S. assets they usually favour in times of turmoil as fear over the economic impact of U.S. President Donald Trump's reciprocal tariffs shakes confid...
Reuters
Wed, Apr 9
Forex
GBP recovers recent losses – Scotiabank
Pound Sterling (GBP) is up a modest 0.5% vs. the US Dollar (USD) and retracing a portion of its recent losses, Scotiabank's Chief FX Strategist Shaun Osborne notes on Wednesday.
GBP/USD
Fxstreet
Wed, Apr 9
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