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Spanish hotel chain Melia buys housing for its workers as rents surge
Melia is buying housing to accommodate seasonal workers due to shortagesHousing crisis has been exacerbated by short-term lettings boomUnions say salaries in hotel industry rising far slower than rentsBy Corina Pons MADRID, March 10 (Reuters) - Spanish hotel chain Melia MEL.MC is buying property ...Reuters
Mon, Mar 10
Other
UK PM Starmer to host virtual meeting of leaders on Ukraine on Saturday
LONDON, March 10 (Reuters) - Prime Minister Keir Starmer will host a virtual meeting of world leaders to discuss Ukraine on Saturday, building on a summit in London this month when the British leader announced the formation of a "coalition of the willing" to support Kyiv."You can expect ...Reuters
Mon, Mar 10
Stocks
Mineralys surges as blood pressure drug meets trial goals
** Drug developer Mineralys Therapeutics' MLYS.O shares surge 50.42% to $15.82 premarket ** MLYS says its experimental drug, lorundrostat, met the main goals of mid-and late-stage trials** In the late-stage trial, co's drug reduced blood pressure by 9.1 mmHg (millimeters of mercury) at 6 wee...Reuters
Mon, Mar 10
Other
Net Power's Project Permian to cost between $1.7 bln and $2 bln, SEC filing shows
March 10 (Reuters) - NET Power Inc NPWR.N:NET POWER: ESTIMATES PROJECT PERMIAN’S TOTAL INSTALLED COST TO BE BETWEEN $1.7 BILLION & $2.0 BILLIONNET POWER: PROJECT PERMIAN WOULD COME ONLINE NO EARLIER THAN 2029Source text: https://shorturl.at/9eOmlReuters
Mon, Mar 10
Other
Motor racing-Team by team prospects for the 2025 F1 season
By Alan BaldwinMarch 10 (Reuters) - Team-by-team prospects for the 24-race 2025 Formula One season starting in Melbourne on Sunday (listed in 2024 championship order, drivers with racing numbers):MCLAREN4 - Lando Norris (Britain)81 - Oscar Piastri (Australia) Norris is the bookmakers' favourite...Reuters
Mon, Mar 10
Stocks
LIVE MARKETS-When might the euro's rise bring pain to earnings?
STOXX 600 down 0.7%Volatility at 7-month highUS slowdown concerns weighGerman industrial production risesWall St futures fallWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comWHEN COULD...Reuters
Mon, Mar 10
Stocks
Interest Rates Are Now Expected to Fall Rapidly in 2025 – Here's What It Means to You
At the start of 2025, the general expectation was that we'd see maybe one or two interest rate cuts from the Federal Reserve. However, in recent weeks, expectations have changed dramatically. In this video, Certified Financial Planner® Matt Frankel reveals what the latest interest rate expectations ...The Motley Fool
Mon, Mar 10
Other
Morning News Call - Canada, March 10
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageCOMPANIES REPORTING RESULTSMarc...Reuters
Mon, Mar 10
Stocks
Beam Therapeutics rises on early-stage trial results for gene editing therapy
** Biotech firm Beam Therapeutics' BEAM.O shares rise 9.7% to $31.24 premarket** BEAM says its experimental gene-editing therapy, BEAM-302, surpassed theoretical threshold for efficacy with the third dose level of 60 mg of the therapy** Three patients received the 60 mg dose in an early-stage st...Reuters
Mon, Mar 10
Stocks
Mineralys' blood pressure drug meets goal in trials, shares soar
March 10 (Reuters) - Mineralys Therapeutics MLYS.O said on Monday its experimental drug met the main goal of lowering blood pressure in patients with uncontrolled or resistant hypertension in late- and mid- stage trials, sending its shares up about 43% before the bell.In the late-stage study, the t...Reuters
Mon, Mar 10
Commodities
UK coastguard responds to ship collision off northeast coast
LONDON, March 10 (Reuters) - Britain's coastguard is responding to reports of a collision between a tanker and cargo vessel off England's northeastern coast, the Maritime and Coastguard Agency said on Monday."A Coastguard Rescue Helicopter from Humberside was called, alongside lifeboats ...Reuters
Mon, Mar 10
Other
Keese says Lloyd’s has 12 billion pound net loss buffer; targets E&S opportunity
By Ryan HewlettMarch 10 - Lloyd's GWP up 6.5% to 55.5 billion pounds in 2024Lloyd's targets growth in E&S market after California wildfiresLloyd's can absorb 12 billion pounds net loss, Keese says(The Insurer) - Lloyd’s top-line growth in 2024 has validated the corporation’s strateg...Reuters
Mon, Mar 10
