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Northvolt close to filing for bankruptcy in Sweden, newspaper DN reports
STOCKHOLM, March 11 (Reuters) - Northvolt, the Swedish maker of battery cells for electric vehicles, may be close to filing for bankruptcy in Sweden, Swedish newspaper Dagens Nyheter (DN) reported on Tuesday. Northvolt sought U.S. Chapter 11 bankruptcy protection in November last year as its cash pi...Reuters
Tue, Mar 11
Cryptocurrencies
BNB Bulls Take Charge: Price Rebounds Strongly After Recent Dip
BNB is making a strong comeback as bullish momentum picks up following a recent dip, sparking renewed optimism among traders. After facing significant selling pressure, the price found solid support at the $500 mark, allowing buyers to step in and drive a sharp rebound. This renewed strength suggest...NewsBTC
Tue, Mar 11
Cryptocurrencies
Pepe (PEPE) Crypto Frenzy Sparks 20x Speculation, While This Ethereum Rival Chases a 5000% ROI
The crypto market remains strong by Pepe Coin (PEPE) as traders examined its theoretical potential to rise from $0.0000069 to $0.000138 at this time. PEPE coin maintains high volatility which makes investors wary yet they maintain hope for additional mass price increases. Mutuum Finance (MUTM) provides Ethereum users with a 5000% investment return opportunity while […]Cryptopolitan
Tue, Mar 11
Other
US judge in brokerage antitrust case faces recusal bid over political donations
By Mike Scarcella March 11 (Reuters) - A national real estate brokerage has asked a U.S. judge in Missouri to withdraw from hearing a major antitrust lawsuit after disclosures showed plaintiffs’ lawyers in the case previously donated to political campaigns involving the judge’s wife.Howard Hanna ...Reuters
Tue, Mar 11
Other
Bank of America cuts 150 junior jobs in investment banking, sources say
Most junior bankers offered roles outside investment banking, source saysUS M&A activity slowest since 2009, Dealogic data showsBy Saeed Azhar and Svea Herbst-Bayliss NEW YORK, March 11 (Reuters) - Bank of America BAC.N has eliminated 150 junior banker jobs in its investment bank, two sources...Reuters
Tue, Mar 11
Commodities
CERAWEEK-US tariff dispute good for internal Canadian trade -Ontario energy minister
HOUSTON, March 11 (Reuters) - The dispute over tariffs with the United States will lead Canada to break down the trade barriers that exist between the country's provinces, Ontario Energy Minister Stephen Lecce said on Tuesday at the CERAWeek energy conference in Houston.Reuters
Tue, Mar 11
Other
Trump administration sued over mass firings by workers at five agencies
By Daniel Wiessner March 11 (Reuters) - A group of U.S. government employees who lost their jobs as part of President Donald Trump's purge of the federal workforce filed a lawsuit on Tuesday claiming the mass firings of recently-hired workers is illegal and should be reversed.The proposed cla...Reuters
Tue, Mar 11
Other
OpenAI launches new developer tools as Chinese AI startups gain ground
March 11 (Reuters) - OpenAI launched new tools for developers on Tuesday that will help them build advanced AI agents, using a few application programming interfaces (APIs), amid growing competition from Chinese AI startups. AI agents are designed to independently execute complex real-world tasks wi...Reuters
Tue, Mar 11
Other
Iran's President to Trump: I will not negotiate, 'do whatever the hell you want'
By Parisa Hafezi March 11 (Reuters) - President Masoud Pezeshkian said Iran would not negotiate with the U.S. while being threatened, telling President Donald Trump to "do whatever the hell you want", Iranian state media reported on Tuesday."It is unacceptable for us that they (the U....Reuters
Tue, Mar 11
Stocks
TREASURIES-US yields edge higher as risk aversion eases
US two-year Treasury yield hits five-month lowsUS one-year CDS rises to highest since November 5Junk corporate bond spreads are widest since SeptemberBy Matt Tracy March 11 (Reuters) - U.S. Treasury yields drifted higher on Tuesday, rebounding after the yield on two-year notes hit five-month lows...Reuters
Tue, Mar 11
Other
UK's investment firm Rosebank drops plans to buy US-based wire harness maker ECI
March 11 (Reuters) - British investment firm Rosebank Industries ROSE.L walked away from buying U.S.-based wire harness maker Electrical Components International (ECI) on Tuesday, citing political and equity markets volatility."It disappointingly became clear that the current volatility in the p...Reuters
Tue, Mar 11
Other
US-Ukrainian talks conclude in Jeddah after nine hours, Saudi media reports
CAIRO, March 11 (Reuters) - Talks between the United States and Ukraine aimed at finding a path towards ending the Russian-Ukrainian war had concluded in Jeddah after nine hours, Saudi state media reported on Tuesday.Reuters
Tue, Mar 11
Other
EU ministers back proposal of temporary exemption on defence spending in EU rules
By Jan StrupczewskiBRUSSELS, March 11 (Reuters) - European Union finance ministers on Tuesday backed a proposal to use the flexibility in the bloc's revised fiscal rules to spend more on defence without triggering disciplinary steps from Brussels for excessive borrowing, Poland said. The mini...Reuters
Tue, Mar 11
Cryptocurrencies
Tesla stock rises after worst day in almost 5 years, Morgan Stanley says to buy the dip
Tesla is one of the companies that has been affected the most under Trump policies. Shares in the electric car firm fell more than 15%. However TSLA bounced back today because one of Wall Street’s biggest bulls said it was time to buy the stock. Morgan Stanley analyst Adam Jonas said, “Tesla shares have fallen […]Cryptopolitan
Tue, Mar 11
Commodities
CERAWEEK-Regulator approved Cheniere Texas LNG plant expansion, says exec
HOUSTON, March 11 (Reuters) - US regulators have approved the expansion of Cheniere's Corpus Christi liquefied natural gas (LNG) plant in Texas, a Cheniere executive said on Tuesday.The Federal Energy Regulatory Committee approved the construction of production trains 8 and 9 at the plant, the c...Reuters
Tue, Mar 11
Commodities
CERAWEEK-Occidental Petroleum sees US oil output peaking in next five years
By Sheila DangHOUSTON, March 11 (Reuters) - U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp OXY.N CEO Vicki Hollub said on Tuesday at the CERAWeek conference in Houston, Texas.Her outlook follows U.S. President Donald Trump vowing to bolster fossil fuel production in t...Reuters
Tue, Mar 11
Other
Ukraine agrees to accept immediate, 30-day ceasefire -US-Ukraine statement
JEDDAH, Saudi Arabia, March 11 (Reuters) - Ukraine has agreed to accept a U.S. proposal for an immediate 30-day ceasefire and to take steps toward restoring a durable peace after Russia's invasion, according to a joint U.S.-Ukraine statement on Tuesday.The two sides, meeting in Saudi Arabia, als...Reuters
Tue, Mar 11
Stocks
US STOCKS-S&P 500 flirts with correction after Trump's fresh Canada tariffs
US job openings rise to 7.74 million in JanuaryDelta Air Lines lowers first-quarter forecast, shares fallKohl's slides on bleak annual sales forecastDow Transportation index touches seven-month lowIndexes: Dow slips 1.61%, S&P 500 off 1.34%, Nasdaq down 1.02%By Johann M Cherian and Pranav Ka...Reuters
Tue, Mar 11
