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Platform expands construction industry group with two hires from NFP
By Mia MacGregorMarch 5 - (The Insurer) - Canada's Platform Insurance Management has expanded its construction industry group with the hires of Jason Smith and Steve Stahl from NFP. Both senior vice presidents will be join Platform's soon-to-open Edmonton office, strengthening the Toronto-ba...Reuters
Wed, Mar 5
Cryptocurrencies
Ethereum 2025 Price Prediction as Trump Announces US Crypto Reserve
Following its inclusion in Donald Trump’s newly announced US Crypto Reserve, Ethereum’s price prediction for 2025 has become one of the hottest topics of debate among crypto enthusiasts and pundits. While a vast majority is expecting $ETH to ride the positive momentum and finally break o...NewsBTC
Wed, Mar 5
Cryptocurrencies
$2.6 Million in Unreported Income—Ex-Partner of Crypto Kingpin Faces Prison
A former girlfriend of a cryptocurrency fraudster, known in the industry as “The Godfather,” has admitted to a federal tax charge stemming from her involvement in his illicit activities. Iris Ramaya Au, 35, is accused of failing to report more than $2.6 million in earnings obtained through her forme...Bitcoinist
Wed, Mar 5
Cryptocurrencies
Whales Bought 420 Million Cardano After Trump’s U.S. Strategic Crypto Reserve Announcement – Insights
Cardano has seen massive volatility since last weekend after an explosive 80% price surge, fueled by President Trump’s announcement that ADA will be part of the U.S. Strategic Crypto Reserve. The news triggered a wave of buying activity, sending Cardano soaring as investors reacted to the unexpected...NewsBTC
Wed, Mar 5
Other
U.S. introduces visa restrictions for foreign officials that facilitate illegal immigration
March 5 (Reuters) - U.S. Secretary of State Marco Rubio on Wednesday announced a visa-restriction policy targeting foreign government officials and others who are believed to be responsible for facilitating illegal immigration into the country. The policy will target immigration, customs, airport a...Reuters
Wed, Mar 5
Commodities
SQM sees Codelco joint venture conditions met in H2
SANTIAGO, March 5 (Reuters) - Chilean lithium miner SQM expects the conditions for its joint venture with Chilean state miner Codelco to be met in the second half of 2025, an SQM executive said on an earnings call on Wednesday.The two companies plan to form a partnership to extract lithium in Chile&...Reuters
Wed, Mar 5
Stocks
EMERGING MARKETS-Mexican peso leads Latam FX higher ahead of more tariff news
Chile's peso at over four-month highLatam stocks rise 1.1%, FX adds 0.8%By Shashwat Chauhan March 5 (Reuters) - Most Latin American currencies rose on Wednesday, with Mexico's peso regaining more of its tariff-driven losses ahead of another announcement by the Trump administration later i...Reuters
Wed, Mar 5
Stocks
US STOCKS-Wall St edges higher after services sector data; tariffs in focus
CrowdStrike dips on bleak revenue forecastUS service sector expands in February; price growth acceleratesIndexes: Dow up 0.44%, S&P 500 up 0.28%, Nasdaq up 0.25%By Johann M Cherian and Sukriti Gupta March 5 (Reuters) - Wall Street's main indexes edged up on Wednesday, after better-than-ex...Reuters
Wed, Mar 5
Stocks
South African rand gains as markets process Trump's policies
JOHANNESBURG, March 5 (Reuters) - South Africa's rand gained on Wednesday, capitalising on pressure faced by the U.S. dollar as markets digested the impact of U.S. President Donald Trump's policies.At 1505 GMT, the rand traded at 18.37 against the dollar ZAR=D3, about 0.5% stronger than its ...Reuters
Wed, Mar 5
Other
Flutter Entertainment Launches Second Share Repurchase Tranche
March 5 (Reuters) - Flutter Entertainment PLC FLTRF.L:FLUTTER ENTERTAINMENT PLC ANNOUNCES LAUNCH OF SECOND TRANCHE OF SHARE REPURCHASE PROGRAMFLUTTER ENTERTAINMENT PLC - ENTERS AGREEMENT WITH GOLDMAN SACHS FOR $300 MILLION SHARE BUYBACKFLUTTER ENTERTAINMENT PLC: IN 2025, EXPECT TO RETURN APPROXIMATE...Reuters
Wed, Mar 5
Other
Volvo Cars may move some production to US over Trump tariffs
Volvo may move some production to US if tariffs appliedCEO tells Reuters surplus US capacity already existsVolvo keeps plan to export EX30 SUV to US this yearBy Marie Mannes STOCKHOLM, March 5 (Reuters) - Volvo Cars VOLCARb.ST may move production of some of its models to the U.S. depending on tar...Reuters
Wed, Mar 5
Other
Synopsys Expects Ansys Deal To Close In H1 2025
March 5 (Reuters) - Synopsys Inc SNPS.O:SYNOPSYS RESPONDS TO U.K. COMPETITION AND MARKETS AUTHORITY'S PHASE 1 ANNOUNCEMENT REGARDING ANSYS ACQUISITIONEXPECTS ANSYS DEAL TO CLOSE IN H1 2025CONTINUING OUR WORK TO SECURE REGULATORY APPROVAL IN OTHER JURISDICTIONS FOR ANSYS DEALReuters
Wed, Mar 5
Stocks
What's next for the semi sector as President Trump calls for ending CHIPS act
Investing.com -- President Donald Trump called for the repeal of the CHIPS Act in his State of the Union address on March 4, raising questions about the future of semiconductor investment in the UniteInvesting.com
Wed, Mar 5
Stocks
Jefferies looks to Lilly data to reignite interest in obesity stocks
** Brokerage Jefferies says investor sentiment on obesity stocks is "mixed" at best, but hopes that positive data from Eli Lilly's LLY.N oral obesity drug will bring investors back into this space** LLY shares fell 8% after company's Q3 weight-loss drug sales missed estimates, but ha...Reuters
Wed, Mar 5
Cryptocurrencies
Crypto Today: $275M in short liquidations as BTC, BCH, and ADA rally on Trump’s tariff U-turn
Bitcoin price surged 9% after United States (US) Commerce Secretary Howard Lutnick told reporters on Tuesday that President Donald Trump will "probably" announce a trade compromise on the 25% tariffs imposed on Canada and Mexico.
Fxstreet
Wed, Mar 5
Stocks
LIVE MARKETS-US stocks try to extend their rebound
Main US indexes slightly green, but choppyJan factory orders 1.7% vs 1.6% estimateFeb ISM N-mfg PMI 53.5 vs 52.6 estimateEuro STOXX 600 index rallies >1%Dollar down ~1%; crude off >3%; gold ~flat; bitcoin up >1%US 10-Year Treasury yield rises to ~4.24%Welcome to the home for real-time cover...Reuters
Wed, Mar 5
Economic Indicator
Mexico could seek other trade partners after US tariffs, president says
MEXICO CITY, March 5 (Reuters) - Mexico's government may look for other trade partners, the nation's president said on Wednesday, after the United States slapped tariffs on its southern neighbor. President Claudia Sheinbaum said that Mexico could shift trade alliances "if nec...Reuters
Wed, Mar 5
Other
AM Best downgrades Vermont Mutual to A on capitalisation management shift
By Michael LoneyMarch 5 - (The Insurer) - AM Best has downgraded the financial strength rating to A (Excellent) from A+ (Superior) of Vermont Mutual Insurance Company and its fully reinsured subsidiaries following a strategic shift in the insurer’s management of risk-adjusted capitalisation.The long...Reuters
Wed, Mar 5
