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Stocks
EXCLUSIVE-ADNOC eyes international listing of XRG, sources say
ADNOC considers listing minority stake in XRG Bank of America advises on XRG strategy Possible listing venues include London, New YorkHas potential to be among largest energy IPOs everBy Sarah McFarlane, David French and Yousef Saba LONDON, March 7 (Reuters) - Abu Dhabi National Oil Company is co...Reuters
Fri, Mar 7
Stocks
Energy firms rise after Russia's Novak hints at OPEC+ output reversal
** S&P 500 energy index .SPNY up 1.5%, as oil prices rise O/R** Brent LCOc1 crude futures up 1.4% at $70.45/barrel; U.S West Texas Intermediate crude CLc1 up 1.4% at $67.29** Oil prices rise, helped by Russian Deputy Prime Minister Alexander Novak's suggestion that OPEC+ could reverse its ou...Reuters
Fri, Mar 7
Other
ADVISORY-Alert wrongly tagged to GM Leather SpA withdrawn
An alert on TWG Motorsports and General Motors GM.N receiving formal approval for Cadillac Formula 1 Team was incorrectly tagged to Italy- based firm GM Leather SpA GML.MI, an unrelated company, and has been withdrawn. For the correctly coded alert, click nL5N3PQ1KG.STORY_NUMBER:nFWN3PQ0GHSTORY_DATE...Reuters
Fri, Mar 7
Forex
FOREX-US dollar falters after data shows slowing labor market
US payrolls rise to 151,000 in February, lower than expectedUS wage earnings growth slowsUS rate futures price in three rate cuts in 2025Euro on pace for best weekly gain in 16 yearsBy Gertrude Chavez-Dreyfuss NEW YORK, March 7 (Reuters) - The U.S. dollar dropped to multi-month lows against the e...Reuters
Fri, Mar 7
Forex
COMMENT-Yen's March run finds new factors to lean on
A soft undertone to the U.S. jobs data has not significantly altered expectations for Fed rate cuts this year, keeping the dollar on the defensive and meaning that any rebound in USD/JPY is likely to be limited due to the broader downward trend of the greenback and the negative impact of tariff poli...Reuters
Fri, Mar 7
Stocks
LIVE MARKETS-Investors ride the Chinese dragon amid US tariff woes
Main US indexes red; Nasdaq down ~0.8% Cons Disc weakest S&P 500 sector; Energy leads gainersEuro STOXX 600 index off ~0.2%Dollar, bitcoin slide; gold up; crude advances ~1.5%U.S. 10-Year Treasury yield dips to ~4.25%Welcome to the home for real-time coverage of markets brought to you by Reuters...Reuters
Fri, Mar 7
Stocks
Broadcom Exceeds Fiscal Q1 Expectations
Broadcom (NASDAQ:AVGO), a leading global technology company known for its semiconductor and infrastructure software solutions, released its fiscal 2025 first-quarter earnings on March 6. The company exceeded expectations with non-GAAP earnings per share (EPS) of $1.60 against the analysts' consensus...The Motley Fool
Fri, Mar 7
Forex
CANADA FX DEBT-Canadian dollar pares weekly gain as jobs miss supports rate cut bets
Canadian dollar weakens 0.5% against the greenbackFor the week, the loonie advances 0.7%Canada adds 1,100 jobs in February10-year yield falls 5.5 basis pointsBy Fergal Smith TORONTO, March 7 - The Canadian dollar gave back some of its weekly advance against the greenback on Friday as a smaller-th...Reuters
Fri, Mar 7
Economic Indicator
Fed expected to cut rates in June as jobs data raises potential red flags
March 7 (Reuters) - The Federal Reserve will head into its March 18-19 policy meeting with the labor market strong overall but showing some potential early signs of weakening, a development that could put the U.S. central bank in a tough spot if inflation remains high and the Trump administratio...Reuters
Fri, Mar 7
Stocks
Why Broadcom Stock Was Moving Higher Today
Shares of Broadcom (NASDAQ: AVGO) were climbing today after the diversified chip stock posted better-than-expected results in its fiscal first-quarter earnings report.As of 10:19 a.m. ET, the stock was up 3.6% on the news.Where to invest $1,000 right now? Our analyst team just revealed what they bel...The Motley Fool
Fri, Mar 7
Stocks
Here's Why Data Center Equipment Company Vertiv's Stock Fell in February
According to data provided by S&P Global Market Intelligence, shares in data center infrastructure company Vertiv (NYSE: VRT) declined by 18.7% in February. The decline is due to two interconnected factors. First, there was the general sell-off in artificial intelligence (AI) and data center-related...The Motley Fool
Fri, Mar 7
Forex
EUR/USD to target 1.12 on a 12-month view – Rabobank
The proposal from Germany’s expected coalition partners that they plan to relax the country’s debt rules to boost defence spending and support infrastructure has been billed by some commentators as Germany’s whatever it takes moment, Rabobank's FX analyst Jane Foley notes.Fxstreet
Fri, Mar 7
Stocks
Affinity Bancshares rises on stock repurchase plan
** Shares of community lender Affinity Bancshares AFBI.O rise 2.5% to $20.38** Covington, Georgia-based AFBI adopts a stock buyback program, wherein it may repurchase up to 320,480 shares, or about 5% of outstanding shares** AFBI has about 6.4 million outstanding shares, according to data compiled b...Reuters
Fri, Mar 7
Other
Markel restructures Southeast excess casualty leadership with new roles for Fine and Warren
By Mia MacGregorMarch 7 - (The Insurer) - Markel has reshuffled its excess casualty leadership in the Southeast, promoting Nan Fine to managing director, casualty, Southeast region for Markel Specialty, and appointing Hillary Warren as manager for commercial wholesale excess casualty, Southeast regi...Reuters
Fri, Mar 7
Other
Motor racing-F1 and FIA approve GM-backed Cadillac entry for 2026
LONDON, March 7 (Reuters) - Formula One and the sport's FIA world governing body said in a joint statement on Friday they had formally approved a General Motors-backed Cadillac entry to become the 11th team on the grid from 2026. Both said the necessary sporting, technical and commercial asses...Reuters
Fri, Mar 7
Other
US lawmakers press Chinese telecoms over ties to military, government
Lawmakers raise national security concerns in letters to Chinese telecoms China Mobile, China Telecom, China Unicom long in Washington's cross hairs Letters seek details on firms' ties by March 31 WASHINGTON, March 7 (Reuters) - The leaders of a U.S. House of Representatives panel have c...Reuters
Fri, Mar 7
Stocks
Why MercadoLibre Stock Gained 10% in February
Shares of MercadoLibre (NASDAQ: MELI) stock gained 10% in February, according to data provided by S&P Global Market Intelligence. It released a fantastic earnings report, assuaging fears about economic volatility in its operating region and inspiring investor confidence in its short- and long-term p...The Motley Fool
Fri, Mar 7
Other
EXCLUSIVE-U.S. CDC plans study into vaccines and autism, sources say
CDC study follows measles outbreak amid declining vaccination ratesKennedy's mixed messages on vaccines raise concernsAutism rise attributed to broader screening, not vaccinesBy Dan Levine and Leah Douglas March 7 - The U.S. Centers for Disease Control and Prevention is planning a large study...Reuters
Fri, Mar 7
