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Clock ticks for German fiscal bonanza deal but optimism drives euro up
Likely next chancellor Merz wants spending surgeSeeks reform of borrowing limits, infrastructure fundNeeds to win Greens' support before vote next week Last-minute deal likely but maybe not this week, sources sayMerz ally: positions not too far apart with GreensBy Andreas Rinke and Matthias Will...Reuters
Tue, Mar 11
Commodities
CERAWEEK-Argentina has 11 large energy and mining projects in planning, econ vice minister says
HOUSTON, March 11 (Reuters) - At least 11 large projects in the energy and mining sector are being planned in Argentina following economic reforms by President Javier Milei's administration that aims to increase production and revenue from exports of key commodities, the country's economy vi...Reuters
Tue, Mar 11
Stocks
Elevance sees quarterly profit above estimates on seasonality
** Shares of health insurer Elevance ELV.N rise 2.8% to $420.92 in afternoon trade ** Company says current Wall Street expectations for Q1 profit is "about a $1.00 light" compared to its expectation, due to seasonality** Analysts, on average, expect first-quarter profit of $10.62 per share, ...Reuters
Tue, Mar 11
Stocks
Nasdaq Sell-Off: 2 Artificial Intelligence (AI) Stocks Down 20% and 49% to Buy Hand Over Fist on the Dip
Technology stocks have hit a rough patch of late as investors have been looking to reduce their exposure to riskier assets in the wake of the tariff-induced trade war, leading to an increase in demand for safer investments.Moreover, investors are worried that a potential increase in manufacturing co...The Motley Fool
Tue, Mar 11
Commodities
Canada's incoming PM Carney says latest Trump tariffs an 'attack' on families, businesses
TORONTO, March 11 (Reuters) - Canada's incoming prime minister Mark Carney on Tuesday called new tariffs imposed on steel and aluminum by U.S. President Donald Trump an "attack" on Canadian workers, families and businesses. "My government will keep our tariffs on until the Americans ...Reuters
Tue, Mar 11
Other
SRG grows schemes offering with Brentacre acquisition
By Ryan HewlettMarch 11 - (The Insurer) - Expansive intermediary Specialist Risk Group (SRG) has continued the build-out of its schemes offering with the acquisition of specialist broker Brentacre Insurance.Founded in 1987, Brentacre provides insurance for modified, classic, and performance cars, as...Reuters
Tue, Mar 11
Other
Trump to meet NATO's Rutte, Ireland's Martin this week
WASHINGTON, March 11 (Reuters) - U.S. President Donald Trump will host NATO Secretary-General Mark Rutte for a meeting in Washington on Thursday, the White House said on Tuesday.Trump will also welcome Irish Prime Minister Micheál Martin to the White House on Wednesday, they said.Reuters
Tue, Mar 11
Commodities
METALS-Copper rises on weaker dollar, US physical aluminium premium soars to record
Trump's planned tariffs on aluminium from Canada rise to 50%US physical aluminium premiums soar to record highPremium of Comex copper against LME contract widens againUS copper imports to surge in coming months, Goldman Sachs saysBy Polina Devitt LONDON, March 11 (Reuters) - Copper prices ros...Reuters
Tue, Mar 11
Commodities
GRAINS-Corn futures turn higher for fifth session, soybeans steady
USDA leaves US corn stocks unchanged, baffling tradersUSDA reports US wheat inventories higher than trade expectations Chinese demand a worry for U.S. soy marketBy P.J. Huffstutter CHICAGO, March 11 (Reuters) - Chicago Board of Trade corn futures were up for a fifth straight session on Tuesday, a...Reuters
Tue, Mar 11
Stocks
European shares fall after fresh Trump tariff threats
Trump threatens additional tariffs on CanadaRedcare Pharmacy soars after 2025 outlook above estimatesHenkel down after soft guidanceSTOXX down 1.7%By Nikhil Sharma and Purvi Agarwal March 11 (Reuters) - European shares fell to their lowest levels in more than a month on Tuesday on fears that U.S....Reuters
Tue, Mar 11
Other
Ageas Re names PartnerRe’s Lilburn to co-lead credit and bond offering
By Ryan HewlettMarch 11 - (The Insurer) - Ageas Re, the reinsurance arm of Belgian insurance group Ageas, has hired long-serving PartnerRe underwriter Jeremy Lilburn as co-head of its newly launched credit and bond offering.Lilburn joins the carrier after more than 25 years at Bermudian reinsurer Pa...Reuters
Tue, Mar 11
Other
Utah poised to become first state to ban fluoride in public water system
Utah ban follows appointment of US health secretary who opposes fluorideAmerican Dental Association had urged vetoAbout 63% of Americans have fluoride in their water systemsBy Brad Brooks March 11 (Reuters) - Utah is set to become the first U.S. state to ban the use of fluoride in public water sy...Reuters
Tue, Mar 11
Stocks
Piper Sandler upgrades Redfin buyout by Rocket Mortgage for $12.5 per share
Investing.com -- Piper Sandler upgraded its rating on Redfin Corp (NASDAQ:RDFN) to Neutral from Underweight after Rocket Mortgage (NYSE:RKT) acquisition of Redfin. The deal values Redfin at $12.50Investing.com
Tue, Mar 11
Other
Russia says Ukrainian drone attack was timed to coincide with US-Ukraine talks
MOSCOW, March 11 (Reuters) - The Russian Foreign Ministry said on Tuesday that Ukraine's drone attack on Russia overnight had been timed to coincide with the talks between the United States and Ukraine in Saudi Arabia.Ukraine on Tuesday launched its biggest ever drone attack on Moscow and the su...Reuters
Tue, Mar 11
Commodities
Neither vessel in UK tanker crash now expected to sink, says transport minister
LONDON, March 11 (Reuters) - Neither vessel involved in a crash off the English coast on Monday was expected to sink, transport minister Heidi Alexander said in a statement, citing preliminary assessments following a meeting with the coastguard agency.Her comments come after maritime minister Mike K...Reuters
Tue, Mar 11
Commodities
Moscow oil refinery operating normally, owner says
MOSCOW, March 11 (Reuters) - The Moscow oil refinery owned by Russia's Gazpromneft SIBN.MM is operating normally, the company said on Tuesday, despite reports of it being hit during drone strikes on the Russian capital.Ukraine said on Tuesday that it had struck an oil refinery near Moscow and a ...Reuters
Tue, Mar 11
Stocks
LIVE MARKETS-BofA clients net buyers for a 6th straight week, but inflows wane
Main US indexes red; S&P 500, Dow both down >1.2%All S&P 500 sectors fall; Industrials weakest groupEuro STOXX 600 index down ~1.8%Dollar declines; crude up; gold up ~1%; bitcoin up ~2.5%U.S. 10-Year Treasury yield rises to ~4.25%Welcome to the home for real-time coverage of markets broug...Reuters
Tue, Mar 11
Stocks
Verizon's 'unusual' quarter warning rattles US telecom shares
By Priyanka G and Harshita Mary VargheseMarch 11 (Reuters) - Verizon Communications VZ.O warned that off-season promotions by rivals will likely lead to "soft" wireless subscriber growth in the first quarter, knocking its shares down more than 7% and sparking a selloff in the telecom sector...Reuters
Tue, Mar 11
