News
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Commodities
Citgo Petroleum's profit plummeted to $305 mln in 2024
Crude utilization was 93% in 2024, in line with 2023 numbersYear-end liquidity declined to $3.8 bln from $4 bln in 2023Trading expanded to South Africa, Japan and ChinaBy Marianna ParragaHOUSTON, March 6 (Reuters) - Venezuela-owned U.S. refiner Citgo Petroleum PDVSAC.UL reported on Thursday a $305 m...Reuters
Thu, Mar 6
Other
CoverForce secures $13 million in Insight Partners-led Series A
By Mia MacGregorMarch 6 - (The Insurer) - CoverForce, an infrastructure platform for commercial insurance, announced on Wednesday that it has raised $13 million in a Series A funding round led by global software investor Insight Partners, with participation from Nyca Partners.The company said that i...Reuters
Thu, Mar 6
Economic Indicator
IMF says U.S. tariffs, if sustained, will hit economies of Mexico, Canada
WASHINGTON, March 6 (Reuters) - If sustained, U.S. tariffs imposed on Mexico and Canada will have a significant adverse impact on the those countries, the International Monetary Fund said on Thursday, citing the strong integration of both countries with the U.S. economy.IMF spokesperson Julie Kozack...Reuters
Thu, Mar 6
Cryptocurrencies
Will Meme Coin Hype And 2025 Market Boom Ignite A SHIB Rally, Or Will This Coin Will Make History Instead?
The crypto market stands at a critical point facing opposing market forces that battle against each other. Analysts predict Shiba Inu (SHIB) will increase 500% because analysts spot both technical indicators and rising enthusiasm for meme-based cryptocurrencies. The second stage of Mutuum Finance (MUTM) presale launches with a price of $0.015. The entire presale has […]Cryptopolitan
Thu, Mar 6
Economic Indicator
IMF says further Japan rate hikes should be data-driven, gradual
WASHINGTON, March 6 (Reuters) - The International Monetary Fund on Thursday said it had been supportive of the Bank of Japan's monetary policy decisions, and further hikes in interest rates should be data-driven and proceed at a gradual pace.IMF spokesperson Julie Kozack told reporters that Japa...Reuters
Thu, Mar 6
Other
Reddit unveils new content moderation and analytics tools to boost user engagement
March 6 (Reuters) - Reddit RDDT.N on Thursday launched new tools aimed at helping people adhere to community rules and better understand content performance, in a bid to revive user growth after a recent slowdown.The social media platform, like its larger rival Meta META.O, is investing in new tools...Reuters
Thu, Mar 6
Commodities
ARA gasoline stocks rise 12%, Insights Global data shows
LONDON, March 6 (Reuters) - Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 12% on the week to a one-month high 1.65 million metric tons on Thursday, data from Dutch consultancy Insights Global showed.Gasoline stocks rose on slower exports...Reuters
Thu, Mar 6
Other
Hub acquires Canada-based agency Drayton Valley
By Isha MaratheMarch 6 - (The Insurer) - Chicago-based Hub International Limited has acquired personal and commercial insurance broker Drayton Valley Insurance Agency, headquartered in Alberta, Canada.The financial terms of the deal were not disclosed. Owner Dale Jones, along with the Drayton Valle...Reuters
Thu, Mar 6
Forex
FOREX-Euro rises to four-month high as US dollar struggles again
ECB cuts rates, but raises near-term inflation forecastEuro on track for largest weekly gains since May 2009U.S. dollar index hovers at 4-month lowsBy Gertrude Chavez-Dreyfuss and Yadarisa Shabong NEW YORK, March 6 (Reuters) - The euro touched a four-month peak against the U.S. dollar on Thursday...Reuters
Thu, Mar 6
Stocks
Victoria's Secret falls after quarterly sales outlook comes in below expectations
** Lingerie maker Victoria's Secret's VSCO.N shares down 5.8% at $20.92 ** Co expects Q1 net sales of $1.30 billion to $1.33 billion, compared with expectations of $1.39 billion, according to data compiled by LSEG** Co says it factored in unseasonal weather across much of the U.S. that had c...Reuters
Thu, Mar 6
Other
US House censures Democrat Al Green for protesting Trump's speech
Republican-controlled chamber passes resolutionGreen ejected from Trump's speech on TuesdayHandful of Democrats back censure moveBy Bo Erickson WASHINGTON, March 6 (Reuters) - A handful of Democrats joined the majority Republicans in the U.S. House of Representatives on Thursday in voting to ...Reuters
Thu, Mar 6
Other
NATO defence spending must quickly rise to at least 3% of GDP, says Polish president
WARSAW, March 6 (Reuters) - All NATO countries should raise defence spending to at least 3% of GDP immediately, Polish President Andrzej Duda said on Thursday during a joint press conference in Brussels with NATO Secretary General Mark Rutte"I submitted to the Secretary General a written request...Reuters
Thu, Mar 6
Commodities
Venture Global shares slump on downbeat annual core profit outlook
March 6 (Reuters) - Venture Global's VG.N shares on Thursday slumped to its lowest level since its debut as the LNG producer forecast its 2025 core profit below Wall Street expectations.Shares of the company fell as much as 22.5% to $11.02 in morning trade as it forecast adjusted core profit bet...Reuters
Thu, Mar 6
Stocks
Turning Point Brands Inc reports results for the quarter ended December 31 - Earnings Summary
Turning Point Brands Inc TPB.N reported quarterly adjusted earnings of 98 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 79 cents. The mean expectation of five analysts for the quarter was for earnings of 91 cents per sh...Reuters
Thu, Mar 6
Stocks
Why MongoDB Stock Crashed on Thursday
MongoDB (NASDAQ: MDB) stock got destroyed Thursday morning, falling 20.3% through 10:20 a.m. ET despite "beating" on Q4 2024 earnings last night, after warning 2025 results may look a lot worse.And I hate to say I told you so, but I did.Where to invest $1,000 right now? Our analyst team just reveale...The Motley Fool
Thu, Mar 6
Other
Families of Ukrainian POWs anxiously watch peace effort
Thousands of Ukrainian troops and civilians held by RussiaZelenskiy wants all-for-all swap as a pathway to peaceFriends and relatives hope Trump can help secure their releaseBy Dan Peleschuk KYIV, March 6 (Reuters) - As U.S. President Donald Trump presses on with a plan to end the war in Ukraine,...Reuters
Thu, Mar 6
