News
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Kennedy asks FDA to revise 'self-affirm' rule for food ingredient safety
March 10 (Reuters) - U.S. Secretary of Health and Human Services Robert Kennedy Jr. directed the Food and Drug Administration on Monday to revise safety rules to help eliminate a provision that allows companies to self-affirm that food ingredients are safe. This would increase transparency for consu...Reuters
Tue, Mar 11
Stocks
Citi downgrades US stocks allocation
SINGAPORE, March 11 (Reuters) - Analysts at Citi downgraded their U.S. stocks recommendation to neutral and upgraded China, figuring the U.S. economy may no longer outpace the rest of the world in the coming months."We had not fully implemented our view that U.S. exceptionalism is at least pausi...Reuters
Tue, Mar 11
Other
Primo Brands Prices Public Offering Of 45 Million Shares Of Company's Class A Common Stock At $29.50 Per Share
March 10 (Reuters) - Primo Brands Corp PRMB.N:PRIMO BRANDS CORP - PRICES UNDERWRITTEN PUBLIC OFFERING OF 45 MILLION SHARES OF COMPANY'S CLASS A COMMON STOCK AT A PRICE TO PUBLIC OF $29.50 PER SHAREReuters
Tue, Mar 11
Other
Trump's 'America First' policies targeting South Korea, says acting president
SEOUL, March 11 (Reuters) - South Korea's acting President Choi Sang-mok said on Tuesday that U.S. President Donald Trump's "America First" policies had started targeting his country. Choi said discussions with the United States over tariff measures and stronger cooperation on en...Reuters
Tue, Mar 11
Stocks
Here Is My Top Artificial Intelligence (AI) Stock to Buy Right Now
Nvidia (NASDAQ: NVDA) became the poster child for the rise of artificial intelligence (AI) in early 2023. Data center chips used to train and operate powerful AI models created a fast-growing market that Nvidia has essentially dominated. But just like the internet in the late 1990s, excitement and n...The Motley Fool
Tue, Mar 11
Other
NBA-New Orleans Pelicans to play Melbourne teams in a first for Australia
MELBOURNE, March 11 (Reuters) - The New Orleans Pelicans will play two Melbourne teams in pre-season games in Melbourne in October, bringing the National Basketball Association (NBA) to Australia for the first time.The Pelicans will play the National Basketball League's (NBL) Melbourne United on...Reuters
Tue, Mar 11
Stocks
Australia's Brickworks tumbles as North America ops hit sparks investor jitters
Shares hit lowest level in 18 monthsNorth America revenue drops 13%Outlook dims on labour shortages, high interest rates cloud recovery prospectsBy Nikita Maria JinoMarch 11 (Reuters) - Shares of Brickworks BKW.AX tumbled on Tuesday after the Australian firm warned of an impairment in its interim re...Reuters
Tue, Mar 11
Economic Indicator
Japan downgrades Q4 GDP, US tariffs cloud outlook
Q4 GDP rose 2.2%, slower than 2.8% first reportedCapex revised up while consumption revised downRelatively upbeat data backs BOJ's case for additional rate hikeOfficials express concern about outlookBy Satoshi Sugiyama TOKYO, March 11 (Reuters) - Japan's economy expanded in the October-D...Reuters
Tue, Mar 11
Economic Indicator
Japan’s Kato: Higher long-term rates could have wide-ranging effects on economy
Japan’s Finance Minister Shunichi Kato said early Tuesday that higher long-term interest rates could have wide-ranging effects on the economy, underscoring the need for careful monitoring of financial conditions.Fxstreet
Tue, Mar 11
Stocks
Where Will AMD Stock Be in 3 Years?
With shares down 53% over the last 12 months, Advanced Micro Devices (NASDAQ: AMD) has fallen behind AI hardware leader Nvidia (NASDAQ: NVDA) which is up 25% over the same time frame. But is this discount a buying opportunity or a signal for investors to stay far away from the stock? Let's dig deepe...The Motley Fool
Tue, Mar 11
Cryptocurrencies
President Trump’s crypto support threatens Europe’s monetary control
The Trump administration is pushing crypto harder than ever, and Europe is not happy about it. Officials in the European Union (EU) are warning that Washington’s growing embrace of Bitcoin and dollar-backed stablecoins could seriously threaten Europe’s financial sovereignty. Pierre Gramegna, managinCryptopolitan
Tue, Mar 11
Stocks
US stock market loses $4 trillion in value as Trump plows ahead on tariffs
NEW YORK, March 10 (Reuters) - President Donald Trump’s tariffs have spooked investors, with fears of an economic downturn driving a stock market sell-off that has wiped out $4 trillion from the S&P NEW YORK, March 10 (Reute500’s peak last month, when Wall Street was cheering much of Trump's agenda.Reuters
Tue, Mar 11
Stocks
Nasdaq Sell-Off: This Magnificent Stock Is a Bargain Buy
The Nasdaq stock market has officially entered correction territory, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) down by about 14% from its recent high as I write this. While the recent volatility can certainly be scary, it can also create buying opportunities for patient long-term investors.One ...The Motley Fool
Tue, Mar 11
Other
US transportation chief to meet with Boeing CEO on safety efforts
By David Shepardson WASHINGTON, March 10 (Reuters) - U.S. Transportation Secretary Sean Duffy said he plans to visit a Boeing BA.N factory in Renton, Washington, on Thursday to ensure the U.S. planemaker is maintaining the highest level of safety, six years after a deadly 737 MAX crash in Ethiopi...Reuters
Tue, Mar 11
