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Commodities
North Sea shipping crash expected insured losses manageable: DBRS
By Michael Jones March 12 - (The Insurer) - Insured losses from the March 10 North Sea shipping crash will likely total between $100 million and $300 million and be manageable for the industry, DBRS Morningstar has estimated North Sea incident will not affect credit profile of marine...Reuters
Wed, Mar 12
Economic Indicator
Brussels has made EU liquor, beauty exports trade war targets, industries say
By Emma Rumney and Dominique Patton LONDON/PARIS, March 12 (Reuters) - Europe's spirits and cosmetics industries hit back at the European Commission's plan to slap tariffs on U.S.-made goods on Wednesday, saying it put the continent's far larger trade with the United States in those s...Reuters
Wed, Mar 12
Stocks
The Nasdaq Just Hit Correction Territory: This Magnificent AI Stock Is a Rare Bargain
The Nasdaq index is now in correction territory, meaning it is now more than 10% down from its all-time high. While this may seem like a big deal, 10% corrections tend to occur just about every year, so this is something that investors must understand happens quite frequently. Because this happens r...The Motley Fool
Wed, Mar 12
Commodities
Turkey to develop its shale fields with U.S. producer Continental Resources
By Arathy SomasekharHOUSTON, March 12 (Reuters) - Turkish national oil company TPAO has signed a joint venture agreement with U.S. oil producer Continental Resources to develop shale fields in the country’s Diyarbakir Basin, Turkish Energy Minister Alparslan Bayraktar said on social media platform X...Reuters
Wed, Mar 12
Stocks
Why Casey's General Stores Stock Surged Higher Today
Shares of the United States' third-largest convenience store and fifth-largest pizza chain, Casey's General Stores (NASDAQ: CASY), were up 6% as of 11:30 a.m. ET on Wednesday, according to data provided by S&P Global Market Intelligence.Casey's delivered third-quarter earnings that smashed analysts'...The Motley Fool
Wed, Mar 12
Commodities
Bioxytran Develops Groundbreaking Treatment To Combat Bird Flu In Egg Laying Chickens Potentially Saving Billions
March 12 (Reuters) - Bioxytran Inc BIXT.PK:BIOXYTRAN DEVELOPS A GROUNDBREAKING TREATMENT TO COMBAT BIRD FLU IN EGG LAYING CHICKENS POTENTIALLY SAVING BILLIONSBIOXYTRAN: WE ARE ACTIVELY SEEKING PARTNERSHIPSReuters
Wed, Mar 12
Commodities
Jet fuel cargo mostly intact on Stena Immaculate after ship collision off UK, says ship owner
Stena Immaculate’s crew of US nationals in good health Tanker part of US military program to supply fuel for forces British authorities arrest Solong’s Russian captain By Jonathan Saul LONDON, March 12 (Reuters) - Most of the jet fuel onboard the U.S.-flagged tanker Stena Immaculate that was hit ...Reuters
Wed, Mar 12
Other
US immigration detention maxed out at 47,600 detainees, ICE official says
WASHINGTON, March 12 (Reuters) - U.S. immigration detention is filled to capacity at 47,600 detainees, a senior U.S. Immigration and Customs Enforcement official said on a call with reporters on Wednesday, adding that the Trump administration was seeking more bed space.The official, who requested an...Reuters
Wed, Mar 12
Commodities
Europe Gasoline/Naphtha-Gasoline margins edge up
LONDON, March 12 (Reuters) - Northwest European gasoline refining profit margins rose by 16 cents on Wednesday to $4.23 a barrel, while demand remained muted. A total of 4,000 metric tons of E5 gasoline barges traded, as Trafigura sold to Mabanaft and TotalEnergies.A further 4,000 tons of Eurobob E...Reuters
Wed, Mar 12
Other
Microsoft Says Connector For AWS, Once Built To Consolidate Microsoft Azure & AWS Cloud Cost Data In Microsoft Cost Management, Will Be Retired On March 31
March 12 (Reuters) - Microsoft Corp MSFT.O:MICROSOFT-CONNECTOR FOR AWS, ONCE BUILT TO CONSOLIDATE MICROSOFT AZURE & AWS CLOUD COST DATA IN MICROSOFT COST MANAGEMENT, WILL BE RETIRED ON MARCH 31Reuters
Wed, Mar 12
Other
Lilly, J&J boosted spending on executive security after UnitedHealth shooting
By Mariam Sunny March 12 (Reuters) - U.S. drugmakers Johnson & Johnson JNJ.N and Eli Lilly LLY.N increased spending on security for their top executives in 2024, with both citing increased threats after a UnitedHealth insurance executive was murdered outside the company's investor meeting...Reuters
Wed, Mar 12
Other
HPQ Silicon Says Intends To Start Commercial Production Of Fumed Silica Using Its Pilot Plant This Year
March 12 (Reuters) - HPQ Silicon Inc HPQ.V:HPQ SILICON- RECENT TARIFFS HAS NO IMPACT ON DISCUSSIONS WITH PARTIES UNDER LOI & OTHER NDAS INTERESTED IN FUMED SILICA MATERIAL AND TECHNOLOGIESHPQ SILICON INC: INTENDS TO START COMMERCIAL PRODUCTION OF FUMED SILICA USING ITS PILOT PLANT THIS YEARReuters
Wed, Mar 12
Stocks
British shares rebound after Ukraine ceasefire hopes boost sentiment
FTSE 100 up 0.5%, FTSE 250 up 0.6% Hill & Smith up on better-than-expected annual core profitBalfour Beatty up on higher order book, share buyback planHochschild Mining soars on restoring dividend payout March 12 (Reuters) - British shares rebounded on Wednesday after logging recent decli...Reuters
Wed, Mar 12
Other
Merck Announces Positive Data From Phase 3 Trials Of Doravirine/Islatravir
March 12 (Reuters) - Merck & Co Inc MRK.N:MERCK ANNOUNCES POSITIVE DATA FROM PHASE 3 TRIALS THAT SHOW THE INVESTIGATIONAL, ONCE-DAILY, ORAL, TWO-DRUG REGIMEN OF DORAVIRINE/ISLATRAVIR (DOR/ISL) MAINTAINED HIV-1 VIRAL SUPPRESSION AT WEEK 48MERCK & CO INC - DOR/ISL SHOWS NON-INFERIORITY AND SIM...Reuters
Wed, Mar 12
Other
Viiv Healthcare’S Investigational Broadly Neutralising Antibody - N6ls - Successfully Maintains Viral Suppression In Long-Acting Treatment Of Hiv
March 12 (Reuters) - ViiV Healthcare:VIIV HEALTHCARE’S INVESTIGATIONAL BROADLY NEUTRALISING ANTIBODY - N6LS - SUCCESSFULLY MAINTAINS VIRAL SUPPRESSION IN LONG-ACTING TREATMENT OF HIVVIIV HEALTHCARE: N6LS WAS ALSO WELL TOLERATED BY PARTICIPANTSVIIV HEALTHCARE: EMBRACE STUDY TO CONTINUE INVESTIGATING...Reuters
Wed, Mar 12
