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Stocks
Amazon Australia's pricing 'dynamic but usually cheapest' among retailers, says Citi
** Analysts at Citi say the pricing of non-food products by Amazon AMZN.O is "dynamic but usually cheapest" among retail market players in Australia** Says Amazon tends to be at lower price for longer periods of time compared to supermarkets, including Woolworths WOW.AX and Coles COL.AX ** P...Reuters
Thu, Mar 13
Cryptocurrencies
Crypto Exchange Garantex Co-Founder Arrested In India Over Extradition Request
Authorities in India have apprehended Aleksej Besciokov, the alleged co-founder of Garantex, a cryptocurrency exchange reportedly implicated in “extensive money laundering activities (MLA).” $60 Billion In Transactions Linked To Criminal Activity Besciokov, a 46-year-old Lithuanian national, w...NewsBTC
Thu, Mar 13
Other
Italian insurer Revo's parametric premiums reached 400,000 euros in 2024
By Henry GaleMarch 13 - (The Insurer) - Italy's Revo Insurance grew its parametric insurance premiums by 30.7% in 2024, the company announced, as it continued to develop new products after its takeover by a parametric and specialty insurance-focused SPAC.Revo's gross written premiums for par...Reuters
Thu, Mar 13
Stocks
3 Beaten-Down Cryptos That Aren't Worth Buying on the Dip
Across the board, cryptocurrencies are down for the year. In fact, some large market cap cryptocurrencies are down as much as 45% for the year. Just because they're on sale, though, doesn't mean that you should buy them.Three beaten-down cryptos to avoid for now are Cardano (CRYPTO: ADA), Dogecoin (...The Motley Fool
Thu, Mar 13
Other
Trump ambassador nominee: Canada is a sovereign state
Ambassador nominees expected to be confirmedFriendly hearing belies raging trade warsCost of US troops in Japan, agreement renewal soonBy Patricia Zengerle, Emily Green and David Brunnstrom WASHINGTON, March 13 (Reuters) - President Donald Trump's nominee to be the U.S. ambassador in Ottawa s...Reuters
Thu, Mar 13
Other
US long-range bombs headed to Ukraine as ATACMS supply dwindles
GLSDB upgrades counter Russian jamming, enhancing effectivenessUkraine's ATACMS supply depleted, GLSDBs to fill gapGLSDBs developed by SAAB and Boeing, tested for resilienceBy Mike Stone WASHINGTON, March 13 (Reuters) - The U.S. is poised to resume shipments to Ukraine of long-range bombs kno...Reuters
Thu, Mar 13
Other
Motor racing-Hamilton impressed by Pitt's speed in 'authentic' F1 movie
By Alan BaldwinMarch 13 (Reuters) - Brad Pitt's speed is real and Hollywood's F1 movie will be the most authentic racing film ever seen when it hits cinema screens in June, according to seven times Formula One world champion Lewis Hamilton.The Ferrari driver said the Apple Original Films pro...Reuters
Thu, Mar 13
Other
TREASURIES-Yields fall as weak stock markets boost safe haven demand
Bonds rally on safe haven demand as stocks dropProducer prices unexpectedly steady in FebruaryTreasury sell $22 bln in 30-year bonds to soft demand By Karen Brettell NEW YORK, March 13 (Reuters) - U.S. Treasury yields fell on Thursday as tumbling stocks boosted demand for safe haven U.S. governme...Reuters
Thu, Mar 13
Other
China's VNET raises $430 million in convertible bonds for data center investment
March 13 (Reuters) - China-based data center operator VNET Group VNET.O on Thursday raised $430 million in convertible bonds for investing in the wholesale internet data center projects under the current booming artificial intelligence space.Under the offering, the initial conversion price of $13.75...Reuters
Thu, Mar 13
Commodities
US Plains HRW Wheat-Basis bids stable, futures hit two-week high
CHICAGO, March 13 (Reuters) - Spot basis bids for hard red winter wheat held steady on Thursday in the U.S. southern Plains, dealers said, as futures prices jumped to a two-week high.* U.S. wheat export sales for 2024-25 were 783,416 metric tons in the week ended on March 6, up 83% from the prior fo...Reuters
Thu, Mar 13
Cryptocurrencies
Lightchain AI Crypto Presale Surges Beyond $17.3 Million, Poised to Drive the Bull Run Alongside XRP and Cardano
Lightchain AI crypto presale has surged beyond $17.3 million, poised to drive the bull run alongside XRP and Cardano. With its unique blend of AI and blockchain technology, Lightchain AI is rapidly gaining momentum and attracting investor interest. As XRP continues to strengthen its position in cross-border payments and Cardano builds on its scalability, Lightchain […]Cryptopolitan
Thu, Mar 13
Other
JPMorgan engineers’ efficiency jumps as much as 20% from using coding assistant
By Haripriya SureshBENGALURU, March 13 (Reuters) - Tens of thousands of JPMorgan Chase JPM.N software engineers increased their efficiency, delivering products 10% to 20% faster by using a coding assistant tool developed by the bank, its global chief information officer Lori Beer said.The gains pres...Reuters
Thu, Mar 13
Other
Kering appoints Demna as Gucci's artistic director
Demna is praised for trend-setting streetwear styles "Exactly what Gucci needs", says Kering's Pinault Analyst says move "not really" convincingBy Dominique Patton and Mimosa Spencer March 13 (Reuters) - Italian luxury brand Gucci has appointed Georgian designer Demna as its a...Reuters
Thu, Mar 13
Other
Trump economic policy is a tragedy for U.S. economy, says French central banker
PARIS, March 13 (Reuters) - Current economic developments in the United States under the Trump administration are a negative shock for the global economy but above all for the U.S. economy, French European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Thursday.Reuters
Thu, Mar 13
Stocks
Frontera Energy falls after Guyana cancels Corentyne block prospecting license
** Shares of Canadian oil producer Frontera Energy FEC.TO fall 1.2% to C$6.74** Guyana's government cancels Frontera and CGX Energy OYL.V joint venture's prospecting license for the Corentyne block** In February, Guyana gave a 30-day notice to CGX and FEC for cancellation of the license** &#...Reuters
Thu, Mar 13
Other
Westfield Specialty International names Shallow to succeed England as CUO
By Rebecca DelaneyMarch 13 - (The Insurer) - Westfield Specialty International has appointed Jeremy Shallow as chief underwriting officer and active underwriter of Syndicate 1200, subject to regulatory approval.Shallow most recently served as deputy CUO and head of specialty, having joined Westfield...Reuters
Thu, Mar 13
Forex
CANADA FX DEBT-Canadian dollar weakens as trade war spooks investors
Canadian dollar falls 0.4% against the greenbackPrice of oil drops 1.6%Bond yields ease across the curveBy Fergal Smith TORONTO, March 13 (Reuters) - The Canadian dollar weakened against the greenback on Thursday as oil prices fell and the latest escalation of the trade war between the United Sta...Reuters
Thu, Mar 13
