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Exclusive: Howden-Risk Strategies talks break down but interest remains from other strategics
By David Bull, James ThalerMarch 28 - (The Insurer) - Advanced talks for Howden Group to acquire Risk Strategies parent Accession Risk Management broke down earlier this week, amid continued interest from other strategic buyers, multiple senior broker sources have said.The reason behind the breakdow...Reuters
Fri, Mar 28
Other
Five airlines agree to resolve UK's anti-trust concerns over transatlantic routes
March 28 (Reuters) - Britain's competition regulator said on Friday five airlines, including British Airways ICAG.L and American Airlines AAL.O, have offered commitments to resolve concerns over their agreement to cooperate on passenger routes between the UK and the U.S.The group of airlines, wh...Reuters
Fri, Mar 28
Cryptocurrencies
CANADA RESEARCH ROUNDUP-Enghouse Systems, Lumine, Topicus.com
March 28 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Enghouse Systems, Lumine Group and Topicus.com on Friday.HIGHLIGHTS * BRP Inc DOO.TO: RBC cuts target price to C$69 from C$99 * Enghouse Systems Ltd ENGH.TO: RBC cuts to sector...Reuters
Fri, Mar 28
Cryptocurrencies
Popular Analyst Peter Brandt Identifies XRP Head & Shoulder Pattern, Reveals Path To Take
Popular analyst Peter Brandt has provided a bearish outlook for the XRP price, predicting that the altcoin could drop below the $2 support. As part of his analysis, he highlighted a head-and-shoulders pattern that could spark the breakdown below $2. Peter Brandt Identifies XRP Head And Shoulders Pat...NewsBTC
Fri, Mar 28
Other
US bank regulators to rescind updated fair lending rules following bank litigation - statement
WASHINGTON, March 28 (Reuters) - U.S. bank regulators announced Friday they intended to rescind a 2023 update to fair lending rules for banks and reinstate the prior requirements, citing a legal challenge from the banking industry over the new framework.In a joint statement, the Federal Reserve, Fed...Reuters
Fri, Mar 28
Other
Measles cases rise to 44 in New Mexico, state health department says
March 28 (Reuters) - The New Mexico health department reported 44 measles cases in the state on Friday, an increase from 43 cases from its previous count on March 25.Most of the cases were reported in Lea County, which is located adjacent to Gaines county in Texas.Gaines county is considered the cen...Reuters
Fri, Mar 28
Other
New Mexico Health Department Reports 44 Measles Cases As Of March 28
March 28 (Reuters) - New Mexico Health Department:NEW MEXICO HEALTH DEPARTMENT REPORTS 44 MEASLES CASES AS OF MARCH 28 - WEBSITENEW MEXICO HEALTH DEPARTMENT REPORTS 42 MEASLES CASES IN LEA COUNTY AS OF MARCH 28Reuters
Fri, Mar 28
Other
AM Best revises ISMIE ratings to stable from negative
By Isha MaratheMarch 28 - (The Insurer) - AM Best has revised the outlooks to stable from negative and affirmed the financial strength rating of A-minus and the long-term issuer credit rating of a-minus of Chicago-based ISMIE Mutual Insurance Company and ISMIE Indemnity Company. The revision of the...Reuters
Fri, Mar 28
Cryptocurrencies
Riding the BTC Bull: Debt Reduction Vision Sparks Crypto Surge
Speaking at the DC Blockchain summit, Senator Cynthia Lummis shared her belief that the power of Bitcoin could reduce the $36T U.S. debt by half in as little as 20 years. On X, she praised President Trump for his strides forward in this area. Lummis pointed to Bitcoin’s unique characteristics—limite...Bitcoinist
Fri, Mar 28
Forex
GBP/USD steadies near 1.2950 as traders digest PCE figures, tariff turmoil
The Pound Sterling remains firm, hovering around 1.2950 against the US Dollar, virtually unchanged, as traders digest the latest inflation report from the United States (US), amid uncertainty about a potential trade war escalation following Trump's imposition of tariffs on cars.
Fxstreet
Fri, Mar 28
Stocks
South African rand slips as US tariff and budget worries linger
JOHANNESBURG, March 28 (Reuters) - South Africa's rand slipped on Friday, as concerns lingered over U.S. President Donald Trump's tariffs and an impasse between the ruling coalition's two biggest parties over the state budget.At 1507 GMT, the rand traded at 18.3975 against the dollar ZAR...Reuters
Fri, Mar 28
Commodities
FACTBOX-Canada's retaliation against US tariffs
By Promit Mukherjee OTTAWA, March 28 (Reuters) - Canada plans additional retaliation for U.S. President Donald Trump's auto tariffs and reciprocal tariffs on U.S. trading partners scheduled for early April. Canadian Prime Minister Mark Carney said on Thursday he had not yet determined ...Reuters
Fri, Mar 28
Other
US authorizes first home test for three common sexually transmitted infections
March 28 (Reuters) - The U.S. Food and Drug Administration on Friday granted authorization to market the first test that can be performed entirely at home for detecting three sexually transmitted infections (STIs). The home test, developed by privately held company Visby Medical, does not require...Reuters
Fri, Mar 28
Stocks
PayPal falls after lawmaker says EU could charge fees on co in US tariff dispute
** Shares of payments firm PayPal PYPL.O fall 4.5% to $65.79, a seven-month low** A senior European lawmaker said on Friday the European Union could charge fees on co as part of a tariff dispute with the United States** Separately on Friday, a German government spokesperson when asked whether counte...Reuters
Fri, Mar 28
Other
PTC Therapeutics says EC will not renew market authorization for muscle disorder drug
By Christy Santhosh and Kamal Choudhury March 28 (Reuters) - PTC Therapeutics PTCT.O said on Friday its inherited progressive muscle-wasting disorder drug will no longer be available for sale in the EU as the European Commission has decided not to renew its marketing authorization following a pr...Reuters
Fri, Mar 28
Stocks
Why Wolfspeed Stock Imploded on Friday
Friday is looking like a lousy day to own stock in Wolfspeed (NYSE: WOLF) -- and nobody seems to know why.Thursday evening, the maker of silicon carbide semiconductor chips for power transfer announced it has chosen chip industry veteran Robert Feurle, who previously worked at companies such as Micr...The Motley Fool
Fri, Mar 28
Stocks
Could Buying JPMorgan Equity Premium Income ETF Today Set You Up for Life?
Some funds look weak at first glance. Then you click the little checkbox that enables a dividend reinvestment plan (DRIP), and the droopy fund springs to life. Those quarterly cash distributions can be game-changers in the long run when you reinvest them.Make your investments work smarter, not harde...The Motley Fool
Fri, Mar 28
Other
Conservative US appeals court judge knocks calls to impeach jurists
By Nate Raymond March 28 (Reuters) - A conservative federal appeals judge who President Donald Trump considered a potential candidate for a U.S. Supreme Court nomination during his first term said impeaching judges was not the way to address court rulings with which parties disagreed.Chief U.S. C...Reuters
Fri, Mar 28
Other
Howden Re: Tactical reinsurance buying remains key to carriers’ performance
By Michael LoneyMarch 28 - (The Insurer) – Pricing is less of a tailwind now for global carriers that are growing through increased exposure, while “tactical, intelligent” reinsurance buying remains key to performance, Howden Re has said in a 2024 carrier earnings overview report.Howden Re said the ...Reuters
Fri, Mar 28
Stocks
Why Rocket Lab Stock Bounced Back on Friday
Rocket Lab (NASDAQ: RKLB) shareholders received some wonderful news Thursday night when the U.S. Department of Defense announced that the company, along with privately held Stoke Space, had been added to "Lane 1" of Phase 3 of the National Security Space Launch program by U.S. Space Force.In respons...The Motley Fool
Fri, Mar 28
