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Inside Debt - March 12
To access a PDF version of this newsletter, please click here You can read Inside Debt via TOPNEWS Fixed Income page.If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/Inside-Debt-Subscription-page For an index of our newsletters click ...Reuters
Wed, Mar 12
Commodities
US Cash Crude-Crude grades sticks to range as Trump threatens further tariffs
March 12 (Reuters) - U.S. cash crude grades held within a range on Wednesday, dealers said, a pattern that the market largely has stuck to since it whipsawed on the back of U.S. tariffs that went into effect against Mexico and Canada last week. While inland grades WTI Midland WTC-WTM and West Texas ...Reuters
Wed, Mar 12
Other
Florida weighs breaking with American Bar Association over DEI rule
By Karen Sloan March 12 (Reuters) - Citing an American Bar Association diversity mandate for law schools, Florida is considering dropping a requirement that students graduate from an ABA-accredited school in order to sit for the state’s bar exam.The Supreme Court of Florida, comprised entirel...Reuters
Wed, Mar 12
Stocks
Canadian banks' profitability could be impacted by tariff uncertainty, S&P says
** S&P Global Ratings says the ultimate impact of tariffs on Canadian banks' results and capital levels will depend on the duration of the tariffs as well as any potential offsets through government intervention** U.S.-Canada trade war has heated up in recent weeks, with the back-and-forth b...Reuters
Wed, Mar 12
Stocks
CANADA STOCKS-Energy shares help lift TSX as Bank of Canada cuts rates
TSX ends up 0.7% at 24,423.34Technology sector adds 1.3%Energy gains 1.7% as oil settles 2.2% higherBoC cuts key rate by 25 basis pointsBy Fergal Smith March 12 (Reuters) - Canada's main stock index rebounded on Wednesday, including gains for energy and technology shares, as U.S. inflation co...Reuters
Wed, Mar 12
Other
THE DAY AHEAD-North America, March 13
To access a PDF version of this newsletter, please click here You can read The Day Ahead via TOPNEWS - U.S Companies or Canada page. If you would like to receive this newsletter through your email, please register at: https://solutions.lseg.com/TDA-subscription-page For Morning News Call U.S. -- a...Reuters
Wed, Mar 12
Stocks
Prediction: Nvidia Will Soar Over the Next 5 Years. Here's 1 Reason Why.
Nvidia (NASDAQ: NVDA) doesn't develop large language models. It doesn't create computer game franchises. It doesn't manufacture humanoid robots or autonomous vehicles, either. What Nvidia does is create the computing hardware technologies needed for all of these efforts.Companies around the world ar...The Motley Fool
Wed, Mar 12
Commodities
CERAWEEK-Drill more, mine more on public lands, US interior secretary urges
By Timothy Gardner HOUSTON, March 12 (Reuters) - U.S. Interior Secretary Doug Burgum told a packed room of energy executives on Wednesday that he wants their industries to ramp up drilling and mining on America's public lands, telling the crowd: "We love you!".Burgum's comment...Reuters
Wed, Mar 12
Other
FTC withdraws bid to delay Amazon trial over DOGE cuts
March 12 (Reuters) - The U.S. Federal Trade Commission on Wednesday reversed one of its lawyer's statements in court that it needed to delay the trial in its consumer protection case against Amazon.com AMZN.O, after earlier citing "severe resource shortfalls" caused by cost cutting measu...Reuters
Wed, Mar 12
Commodities
Canada seeking formal consultations with US regarding steel, aluminum tariffs
WASHINGTON, March 12 (Reuters) - Canada is seeking formal consultations with the United States regarding tariffs on steel and aluminum, Canadian trade minister Mary Ng said in a statement on Wednesday, in which she also expressed Ottawa's disappointment with Washington.Reuters
Wed, Mar 12
Stocks
Nasdaq Correction: Can Buying These 2 Safe Stocks Today Set You Up for Life?
The Nasdaq has entered a correction. A stock market correction means a decline of between 10% and 20% from all-time highs (a 20% decline officially triggers a bear market). As of this writing, after hours on March 11, the Nasdaq-100 index (NASDAQ: QQQ) is down 12.6% from its highs, triggering an off...The Motley Fool
Wed, Mar 12
Other
Global trade to grow despite US tariff policies, says DHL Group CEO
Growth in outlook based on non-US trade growthIndia, Vietnam, Indonesia and the Philippines are forecast to lead in trade growth from 2024 to 2029Tariffs could reset global trade alliances, put key US exports at riskBy Lisa BaertleinMarch 12 (Reuters) - Global trade is forecast to grow, albeit less ...Reuters
Wed, Mar 12
Stocks
EMERGING MARKETS-Latam markets higher as investors assess US inflation data; tariffs remain on radar
Brazil's annual inflation exceeds 5%U.S. CPI rises less then expected in FebruaryBrazil, Mexico say no immediate retaliation to tariffsLatam FX up 0.4%, stocks add 1.2% By Shashwat Chauhan and Purvi Agarwal March 12 (Reuters) - Most Latin American currencies firmed on Wednesday after a U.S. i...Reuters
Wed, Mar 12
Commodities
CERAWEEK-US wind and solar development still has much room to grow for data centers, Microsoft executive says
NEW YORK, March 12 (Reuters) - U.S. wind and solar development still has significant room for expansion to power data centers, particularly in the Midwest wind corridor and sunny southwest, Microsoft VP of Energy Bobby Hollis told Reuters at the CERAWeek energy conference in Houston on Wednesday.The...Reuters
Wed, Mar 12
Stocks
Intel jumps after appointing Lip-Bu Tan as CEO
** Shares of chipmaker Intel INTC.O jump 10% to $22.76 in extended trade** INTC appoints Lip-Bu Tan as its CEO, effective March 18** Former CEO Pat Gelsinger was forced out last year after less than four years at the helm of the firm** American chipmaking icon's board had felt that Gelsinger'...Reuters
Wed, Mar 12
Other
Finland will be part of the 'coalition of the willing' for Ukraine, says foreign minister
LONDON, March 12 (Reuters) - Finland will definitely be part of any "coalition of the willing" that could help support Ukraine's security, Foreign Minister Elina Valtonen told Britain's Times Radio on Wednesday.Earlier this month, British Prime Minister Keir Starmer said Britain, Fra...Reuters
Wed, Mar 12
Economic Indicator
Mexican finance chief warns of economic slowdown with Trump's tariffs
Amador promoted to Mexican finance chief last weekTrump has pursued tariffs against both US neighbors MEXICO CITY, March 12 (Reuters) - Mexican Finance Minister Edgar Amador Zamora told lawmakers on Wednesday there are signs that economic growth is cooling largely due to growing trade tensions wi...Reuters
Wed, Mar 12
