News
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Stocks
Contrarian Funds' subsidiary recommended as start bidder in auction of Citgo's parent
HOUSTON, March 21 (Reuters) - A U.S. court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum PDVSAC.UL has selected Contrarian Funds' affiliate Red Tree Investment as a "stalking horse bidder," which will set a floor for a new bidding round ...Reuters
Fri, Mar 21
Stocks
Wall St Week Ahead-Dow Transports index slump poses trouble spot as investors seek stocks stability
Dow transports index down over 17% from November highStruggles as investors worry about growth slowdownReports next week on consumer sentiment, inflationBy Lewis Krauskopf NEW YORK, March 21 (Reuters) - Even as U.S. stocks seek to regain their footing, weakness in a closely followed index of tran...Reuters
Fri, Mar 21
Other
Opus Genetics founder Mina Sooch files preliminary proxy materials for co board election
March 21 (Reuters) - Opus Genetics Inc IRD.O:OPUS GENETICS INC - MINA SOOCH FILES PRELIMINARY PROXY MATERIALS FOR OPUS GENETICS BOARD ELECTIONOPUS GENETICS INC - BELIEVES THAT CURRENT BOARD'S STRATEGIC, MANAGEMENT AND CAPITAL ALLOCATION FAILURES HAVE RESULTED IN STOCKHOLDER VALUE DESTRUCTIONOPUS...Reuters
Fri, Mar 21
Other
US court won't pause ruling requiring Trump administration to reinstate 25,000 workers
No reason to block ruling ahead of hearing next week, court saysJudge said mass firings didn't follow rules for layoffsTrump-appointed judge says nationwide court order was improperBy Daniel Wiessner March 21 (Reuters) - A U.S. appeals court on Friday refused to pause a judge's ruling req...Reuters
Fri, Mar 21
Other
IMF to consider $20 billion Argentina deal in informal meeting, Bloomberg News reports
March 21 (Reuters) - The International Monetary Fund (IMF) will discuss a new $20 billion loan for Argentina during an informal meeting next week, Bloomberg News reported on Friday.The IMF will discuss a four-year extended fund facility of about 15 billion Special Drawing Rights, the report said. ...Reuters
Fri, Mar 21
Other
US government blocks Canadian access to border-straddling library
Canadians will need formal crossing to access libraryStanstead criticizes closure as harming cross-border unityCBP cites illicit activity as reason for closureBy Peter McCabe and Anna Mehler Paperny STANSTEAD, Quebec, March 21 (Reuters) - U.S. authorities said on Friday they are closing Canadian ...Reuters
Fri, Mar 21
Other
US senators push for more funding for California fire recovery
By Mary Milliken ALTADENA, California, March 21 (Reuters) - Two Democratic U.S. senators on Friday visited the charred ruins of Altadena nearly three months after a devastating fire and made a case for more funding to rebuild the California community. With burned residences and businesses in the ...Reuters
Fri, Mar 21
Stocks
Where Will Nvidia Stock Be in 1 Year?
Nvidia (NASDAQ: NVDA) is one of the biggest names in the artificial intelligence (AI) semiconductor space. It is the dominant player in the market for data center graphics cards, and the good news for prospective investors is the stock has been under pressure in 2025.Nvidia has lost 12% of its value...The Motley Fool
Fri, Mar 21
Commodities
Canadian opposition, oil CEOs call for scrapping federal carbon price system
Opposition pledges to repeal carbon pricing scheme ahead of election 14 oil and gas CEOs say in letter they want provincial govts to set carbon regulationsFive of six members of oil sands producers' Pathway Alliance sign letterPathway Alliance's C$16 bln carbon capture project discussion slo...Reuters
Fri, Mar 21
Other
Atlas Lithium terminates agreement with RTEK
March 21 (Reuters) - Atlas Lithium Corp ATLX.O:ATLAS LITHIUM CORP - ON MARCH 20, TERMINATES AGREEMENT WITH RTEK - SEC FILINGATLAS LITHIUM CORP - EXPECTS NO EARLY TERMINATION PENALTIES - SEC FILINGSource text: [ID:n0001493152-25-011161]Reuters
Fri, Mar 21
Forex
Chile central bank holds interest rate at 5.0%
SANTIAGO, March 21 (Reuters) - Chile's central bank on Friday held its benchmark interest rate at 5% in a unanimous vote, in line with market expectations. The latest decision follows a previous rate hold, as the monetary authority has increasingly urged caution in the face of sticky inflation.Reuters
Fri, Mar 21
Other
Corus amends credit agreement, extends maturity date
March 21 (Reuters) - Corus Entertainment Inc CJRb.TO:CORUS ASSIGNS AND AMENDS CREDIT AGREEMENT, EXTENDS MATURITY DATECORUS ENTERTAINMENT INC - INCREASES REVOLVING CREDIT FACILITY TO $75 MILLIONCORUS ENTERTAINMENT INC - EXTENDS CREDIT FACILITY MATURITY DATE TO MARCH 20, 2027Further company coverage: ...Reuters
Fri, Mar 21
Other
Allstate estimates $92 million catastrophe losses for February
By Michael LoneyMarch 21 - (The Insurer) – Allstate has estimated $92 million of pre-tax catastrophe losses for the month of February, bringing its year-to-date total to $1.17 billion.The catastrophe totals after tax were $73 million for February and $922 million for January and February combined.Al...Reuters
Fri, Mar 21
Other
Chevron CEO Michael Wirth's pay rises to $32.7 million in 2024
March 21 (Reuters) - U.S. oil major Chevron CVX.N said on Friday its Chairman and Chief Executive Officer Michael Wirth was paid $32.7 million in 2024, according to a filing with the Securities and Exchange Commission.The total compensation received by Wirth represents a 23.4% increase from the prio...Reuters
Fri, Mar 21
Cryptocurrencies
Why Are Solana (SOL) and Cardano (ADA) Investors Quietly Joining This New Project?
The crypto ecosystem has experienced emerging blockchain platforms that have solidified efficiency and user adoption. These projects are resilient to market sentiment and uphold transparency making them more attractive to both retail and institutional investors. Solana and Cardano have been strong proponents and players in the DeFi space. However, investors are slowly reducing their exposure […]Cryptopolitan
Fri, Mar 21
