News
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Stocks
The Nasdaq Just Hit Correction Territory: Can Buying This Safe Stock Today Set You Up for Life?
The tech-laden Nasdaq Composite index is having a forgettable 2025 so far as it recently entered correction territory following remarkable gains in 2023 and 2024 thanks to catalysts such as artificial intelligence (AI).Investors have apparently been booking profits in high-flying tech stocks amid ec...The Motley Fool
Tue, Mar 11
Other
FACTBOX-European companies cut jobs as economy slows
March 11 (Reuters) - Difficult economic conditions and persistently weak demand for many products have forced companies across Europe to freeze hiring or cut jobs.Here are some of the layoffs announced since the beginning of 2025:CAR AND CAR PARTS MAKERS* CONTINENTAL CONG.DE: The German tyre maker&#...Reuters
Tue, Mar 11
Cryptocurrencies
XRP Price Face Major Resistance At $2.9, Why This Analyst Believes $20 Is Still Possible
Crypto analyst ElmoX has asserted that the XRP price is still bullish despite the recent crypto market crash. His analysis revealed that XRP is set to face major resistance at $2.9, although he is confident that the crypto will eventually break this resistance and rally to as high as $20. XRP Price ...NewsBTC
Tue, Mar 11
Other
Everest hires Aon's Mariani to lead Italian business
By Michael JonesMarch 11 - (The Insurer) - Everest has appointed Aon's Giacomo Mariani to lead its insurance business in Italy.The carrier secured regulatory approval in November 2024 to expand into the Italian market through the launch of Everest Insurance (Ireland) DAC, Succursale Italiana.Mar...Reuters
Tue, Mar 11
Cryptocurrencies
Solana (SOL), Cardano (ADA), And Ripple (XRP) Are In The Rearview As Top Analysts Call This $0.02 Altcoin ‘The Future Of Crypto’
The crypto market experiences significant change because Solana (SOL), Cardano (ADA), and Ripple (XRP) start to lose their former leadership position in decentralized innovation. Mutuum Finance (MUTM) at $0.02 value has become the focus of unprecedented attention after other crypto giants lost their dominance. Since its launch MUTM has attracted more than $3 million into […]Cryptopolitan
Tue, Mar 11
Commodities
Aluminium premiums for US buyers hit record after Trump doubles tariffs
Bulk of US aluminium imports come from CanadaTraders anticipate further rises for US buyersPremiums falling in EuropeBy Pratima Desai LONDON, March 11 (Reuters) - Premiums for consumers buying aluminium on the physical market in the United States soared to record highs on Tuesday after President ...Reuters
Tue, Mar 11
Other
Bank of America cuts 150 junior roles in investment banking, sources say
By Svea Herbst-Bayliss and Saeed AzharNEW YORK, March 11 (Reuters) - Bank of America's BAC.N latest cull has eliminated 150 jobs of junior bankers at its investment bank, two sources familiar with the matter told Reuters on Tuesday.The second-largest U.S. lender will offer the vast majority of j...Reuters
Tue, Mar 11
Other
Ex-Barclays CEO Staley insists he was 'shocked' by Epstein's arrest
Ex-Barclays boss says he had no knowledge of Epstein's crimesStaley facing finance industry ban, $2.3 million fineFCA says Staley approved misleading letter about relationshipBy Sam Tobin LONDON, March 11 (Reuters) - Ex-Barclays BARC.L boss Jes Staley on Tuesday insisted he was shocked by ser...Reuters
Tue, Mar 11
Other
Airbus Helicopters to launch new H140 model
First customers for H140 will be air ambulancesMove follows project code-named "X8," sources sayBy Tim Hepher PARIS, March 10 (Reuters) - Airbus Helicopters AIR.PA on Tuesday announced the launch of its first all-new helicopter in about a decade: a light, twin-engined model aimed initiall...Reuters
Tue, Mar 11
Other
Airbus, Global Medical Response Sign Agreement For Up To 15 H140 Helicopters
March 11 (Reuters) - Airbus SE AIR.PA:GLOBAL MEDICAL RESPONSE AND AIRBUS SIGN AGREEMENT FOR UP TO 15 H140 HELICOPTERSENTRY INTO SERVICE OF HELICOPTER IS PLANNED IN 2028 FOR EMERGENCY MEDICAL SERVICES SEGMENTSource textReuters
Tue, Mar 11
Stocks
Kohl's set for worst day after forecasting a bigger-than-expected drop in 2025 sales
** Shares of U.S. department store chain Kohl's KSS.N fall as much as 24.6% to a more than 28-year low of $9.09 ** Stock set for its worst day on record, if losses hold** Company forecasts bigger-than-anticipated drop in annual sales, and expects profit to be below estimates as it grapple...Reuters
Tue, Mar 11
Stocks
TREASURIES-Yields edge higher with risk aversion less pronounced
Two-year Treasury yield hits five-month lowsSpreads on US government one-year credit default swaps hit widest level since November 5Junk corporate bond spreads widen to widest level since SeptemberBy Matt Tracy WASHINGTON, March 11 (Reuters) - U.S. Treasury yields ticked higher on Tuesday, reboun...Reuters
Tue, Mar 11
Indices
Dow Jones Industrial Average drops further as trade war heats up
The Dow Jones Industrial Average (DJIA) shed further weight on Tuesday, dropping nearly 700 points on the day, or 1.76% after United States (US) President Donald Trump vowed to heat up his own trade war with Canada.Fxstreet
Tue, Mar 11
Commodities
CERAWEEK-'Make energy great again' says UAE's ADNOC CEO, pledging US gas investment
By Simon Webb HOUSTON, March 11 (Reuters) - The international investment arm of United Arab Emirates state oil company ADNOC will make a significant investment in U.S. natural gas starting in the coming months, ADNOC CEO Sultan Al Jaber said on Tuesday.The UAE is a member of the OPEC+ producer gr...Reuters
Tue, Mar 11
Commodities
EIA raises US oil production forecast for 2025
NEW YORK, March 11 (Reuters) - U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information Administration said on Tuesday in its Short-Term Energy Outlook report.The agency said it now expects U.S. crude oil production to average 13.61 million bar...Reuters
Tue, Mar 11
Stocks
GLOBAL MARKETS-Global stocks extend selloff without clarity on tariffs, economy
US stocks fall again but less sharply after Monday's selloff Treasury yields turn around as does goldOil prices bounce back By Sinéad Carew and Alun John NEW YORK/LONDON, March 11 (Reuters) - After falling sharply on Monday, equities were losing ground again on Tuesday, though at a slower pac...Reuters
Tue, Mar 11
Stocks
Cost of insuring against U.S. default risk at highest since Nov.5
LONDON, March 11 (Reuters) - U.S. short-dated credit default swaps, instruments used to hedge exposure to a credit, rose on Tuesday to their highest levels since the U.S. election on Nov. 5, a move that reflects creeping anxiety about the U.S. debt ceiling.One-year credit default swaps now trade at ...Reuters
Tue, Mar 11
Stocks
Disney falls as concerns grow over a travel slowdown
** Shares of Walt Disney DIS.N fall 4.1% to $98.84 amid growing concerns about a travel slowdown weighing down on its parks business** Theme parks and resorts and cruise lines are a major source of revenue and profit for Disney** Airline shares fell amid broad market selloff on Monday after tariff j...Reuters
Tue, Mar 11
Other
Bund yields rise as investors closely watch German political developments
By Stefano Rebaudo March 11 (Reuters) - Euro area benchmark Bund yields rose on Tuesday as investors monitored German political developments to assess the size and timing of a planned massive increase in fiscal spending, while U.S. tariff fears remained at the forefront of investors' minds. G...Reuters
Tue, Mar 11
