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Commodities
CERAWEEK-United CEO expects US sustainable aviation fuel credits to survive
HOUSTON, March 10 (Reuters) - United Airlines CEO Scott Kirby said on Monday that he expects federal subsidies for sustainable aviation fuel under the Inflation Reduction Act, former President Joe Biden's landmark climate change law, to remain in place."This is one area that has support on b...Reuters
Mon, Mar 10
Cryptocurrencies
Best Crypto Presales to 50x as Banks Finally Cleared to Offer Crypto-Related Services
The next time you go into your bank for a loan, don’t be surprised if your bank manager starts discussing the best crypto presales. Banks have officially been given the green light to offer crypto services, thanks to Interpretive Letter 1183 (IL 1183) issued by the Office of the Comptroller of...Bitcoinist
Mon, Mar 10
Other
Hoth Therapeutics Announces Plans To Submit Expanded Access Application For Ht-001 To Support Cancer Patients In Need
March 10 (Reuters) - Hoth Therapeutics Inc HOTH.O:HOTH THERAPEUTICS ANNOUNCES PLANS TO SUBMIT EXPANDED ACCESS APPLICATION FOR HT-001 TO SUPPORT CANCER PATIENTS IN NEEDReuters
Mon, Mar 10
Stocks
ServiceNow adds AI muscle with record $2.9 billion Moveworks deal
By Jaspreet Singh March 10 (Reuters) - ServiceNow NOW.N said on Monday it would buy AI firm Moveworks for $2.85 billion in cash and stock, marking the software maker's largest-ever acquisition when enterprises are spending heavily on the technology to enhance their IT operations.The rapid ris...Reuters
Mon, Mar 10
Other
Dual NA adds American Reliable bloodstock and equine specialist Collier
By Chris MunroMarch 10 - (The Insurer) - Specialty program administrator Dual North America has added to its bloodstock and equine ranks with the hire of Jason Collier from American Reliable Insurance Company.Based in Lexington, Kentucky, Collier has been appointed executive vice president – bloodst...Reuters
Mon, Mar 10
Stocks
Why Lucid Stock Is Bucking the Market Trend Today
There's a lot of red in the market today. The Nasdaq Composite index dropped as much as 3% Monday morning, and the S&P 500 index was lower by almost 2%. Yet Lucid Group (NASDAQ: LCID) stock is bucking that trend.Shares of the luxury electric-vehicle (EV) maker jumped as much as 4.7%, even in the mid...The Motley Fool
Mon, Mar 10
Commodities
Ontario imposes 25% surcharge on electricity exports to US
OTTAWA, March 10 (Reuters) - The Canadian province of Ontario is imposing a 25% surcharge on electricity exports to New York state, Michigan and Minnesota to protest against U.S. President Donald Trump's tariffs on Canada, Premier Doug Ford said on Monday. "President Trump's tariffs are ...Reuters
Mon, Mar 10
Other
Rubio hopes Tuesday's meeting with Ukrainians will go well
March 10 (Reuters) - U.S. Secretary of State Marco Rubio on Monday expressed optimism on Tuesday's planned meeting between U.S. officials and Ukrainians in Saudi Arabia, although he added that there were still more details to be worked out on the minerals deal between Washington and Kyiv.Speakin...Reuters
Mon, Mar 10
Other
Eli Lilly plans launch of weight-loss drug in emerging markets in 2025, CFO says
March 10 (Reuters) - Eli Lilly LLY.N plans to launch its blockbuster diabetes and weight-loss drug, Mounjaro, in countries like China, India, Brazil and Mexico in 2025, Chief Financial Officer Lucas Montarce said on Monday. "The size is significant. We're talking about 900 million pat...Reuters
Mon, Mar 10
Other
CORRECTED-Eli Lilly plans to launch Mounjaro in China, India, Brazil and Mexico in 2025, CFO says
March 10 (Reuters) - Eli Lilly LLY.N plans to launch Mounjaro, its blockbuster diabetes drug, in countries like China, India, Brazil and Mexico in 2025, Chief Financial Officer Lucas Montarce said on Monday at the Leerink Partners Global Healthcare Conference.Reuters
Mon, Mar 10
Commodities
CERAWEEK-NextEra Energy expects 55% jump in global power demand over the next 20 years, CEO says
HOUSTON, March 10 (Reuters) - NextEra Energy NEE.N expects a 55% jump in power demand over the next 20 years versus the prior 20 years, John Ketchum, NextEra Energy CEO told attendees at the CERAWeek energy conference in Houston in Monday.Some 17% of that demand growth will come from data centers, K...Reuters
Mon, Mar 10
Stocks
Why Novo Nordisk Stock Is Falling Today
Shares of Novo Nordisk (NYSE: NVO) are tumbling on Monday. The company's stock lost 8.9% as of 10:10 a.m. ET and was down as much as 9.2% earlier in the day. The drop comes as the S&P 500 (SNPINDEX: ^GSPC) lost 1.7%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) lost 2.8%.Trial results fall shortNov...The Motley Fool
Mon, Mar 10
Other
Brown & Brown adds construction specialist Premier Commercial to European MGA platform
By Rebecca DelaneyMarch 10 - (The Insurer) - Brown & Brown has agreed to acquire construction specialist Premier Commercial, with the Lloyd's coverholder to become part of the broker's European MGA division.Brown & Brown has acquired 100% of Premier Commercial's share capital for...Reuters
Mon, Mar 10
Other
Trump-appointed judge quits judicial group over warning about threats
By Nate Raymond March 10 (Reuters) - A prominent conservative U.S. appeals court judge resigned from the largest association of federal judges over its decision to speak out against a rise in criticism, threats and violence directed at the judiciary in a statement issued after several judges came...Reuters
Mon, Mar 10
Economic Indicator
TREASURIES-US yields drop on economic growth fears
By Karen Brettell NEW YORK, March 10 (Reuters) - U.S. Treasury yields fell on Monday with those on benchmark 10-year notes on track for their largest daily drop since mid-February after comments by U.S. President Donald Trump on Sunday raised concerns about an impending U.S. recession.In an inter...Reuters
Mon, Mar 10
Other
CelsiusPro's Global Parametrics adds Descartes' Jacob for London market expansion
By Henry GaleMarch 10 - (The Insurer) - Global Parametrics, a CelsiusPro Group company, has announced the hire of Ola Jacob.Jacob has worked in the London market for over 13 years, holding roles at parametric specialists FloodFlash and Descartes Underwriting. He was most recently Descartes' dire...Reuters
Mon, Mar 10
Commodities
Ukrainian military says it hit oil refineries in two Russian regions
March 10 (Reuters) - Ukraine's military said on Monday it had hit Russian oil refineries in two regions over the past two days. Ukraine's general staff said on Facebook that the strikes had targeted a refinery in the Ryazan region and the Novokuibyshev refinery in the Samara region. It said ...Reuters
Mon, Mar 10
Other
Perils pegs initial Éowyn insured loss at 619 million euros
By Rebecca DelaneyMarch 10 - (The Insurer) - Loss aggregator Perils has disclosed an initial industry loss estimate of 619 million euros ($670.5 million) for Storm Éowyn, which impacted the UK and Ireland on January 24 and 25.As according to Perils' coverage definition for Europe, the loss numbe...Reuters
Mon, Mar 10
Cryptocurrencies
Trump says tariffs will make America so rich, ‘you won’t know where to spend it’
President Donald Trump, speaking aboard Air Force One on Sunday, said tariffs will make the United States richer than ever before, dismissing economic concerns and doubling down on his aggressive trade policies. He told Fox News that the country will take in “hundreds of millions of dollars” and reach a point where Americans “won’t know […]Cryptopolitan
Mon, Mar 10
Commodities
Tanker, cargo ship collide off UK coast causing blaze and casualties
By Jonathan SaulLONDON, March 10 (Reuters) - A tanker and container ship collided off the northeastern coast of England on Monday causing a huge fire on at least one of the vessels and leading to numerous casualties.Authorities mounted an emergency response, and the coastguard agency said a helicopt...Reuters
Mon, Mar 10
