News
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Adidas sold last pair of Yeezy sneakers
By Helen Reid HERZOGENAURACGH, Germany, March 5 (Reuters) - Adidas ADSGn.DE sold its last remaining pair of Yeezy sneakers in the fourth quarter, it said on Wednesday, ending the process of liquidating stock of the lucrative shoe line developed with rapper Ye, whom the sportswear brand cut ties w...Reuters
Wed, Mar 5
Economic Indicator
Poland - Factors to Watch March 5
WARSAW, March 5 - The following are significant news stories, press reports and events on Wednesday. ALL TIMES GMT (Poland: GMT + 1 hour):PARLIAMENTDuring the session of the Polish parliament starting on Wednesday, Prime Minister Donald Tusk is to present information on Poland's security, the PA...Reuters
Wed, Mar 5
Other
CMB.TECH Buys Hemen Stake In Golden Ocean
March 5 (Reuters) - CMBT.BR:ANNOUNCED ON TUESDAY IT HAD ENTERED INTO A SHARE PURCHASE AGREEMENT WITH HEMEN HOLDING LIMITED FOR ACQUISITION OF 81,363,730 SHARES IN GOLDEN OCEAN GROUP LIMITEDSHARE PURCHASE AGREEMENT REPRESENTING ABOUT 40.8% OF GOLDEN OCEAN'S OUTSTANDING SHARES AT A PRICE OF $14.49...Reuters
Wed, Mar 5
Other
France's Macron to address nation on Wednesday evening
PARIS, March 5 (Reuters) - French President Emmanuel Macron will address the nation on Wednesday evening, he said in a post on social media platform X."In this moment of uncertainty, where the world is confronted by large challenges, I will address you tonight," Macron wrote.Macron is due t...Reuters
Wed, Mar 5
Other
France trying to re-establish link between US and Ukraine, government spokewoman says
PARIS, March 5 (Reuters) - France is working on re-establishing the link between the United States and Ukraine so that a "lasting and robust peace" can be obtained, government spokeswoman Sophie Primas said on Wednesday."We have proposed a truce. That is what is being studied within the ...Reuters
Wed, Mar 5
Cryptocurrencies
Trump’s Crypto Summit: Who’s In, Who’s Snubbed, And Why It Matters
US President Donald Trump’s White House Crypto Summit is taking shape. Scheduled for this Friday, March 7, the attendee list, however, remains unexpectedly exclusive and relatively small, with only roughly 20 to 25 invitees reportedly taking part. According to newly shared information by FOX...Bitcoinist
Wed, Mar 5
Other
NBA-LeBron James becomes first NBA player to score 50,000 total points
By Rory CarrollMarch 4 (Reuters) - LeBron James reached another milestone in his unprecedented NBA career on Tuesday, becoming the first player to score 50,000 total points after hitting a three pointer in the first quarter of the Lakers' blowout win over the Pelicans in Los Angeles.James entere...Reuters
Wed, Mar 5
Other
Disney to cut nearly 6% staff across two units, source says
By Janaki Venugopalan and Mrinmay Dey March 4 (Reuters) - Disney DIS.N is planning to reduce headcount by roughly 6% of the total workforce of ABC News Group and Disney Entertainment Networks, a person familiar with the matter said on Tuesday, as the entertainment giant grapples with declining TV...Reuters
Wed, Mar 5
Other
JGB yields march higher with focus on 30-yr bond auction
TOKYO, March 5 (Reuters) - Japanese government bond (JGB) yields rose on Wednesday, with caution pervading ahead of an auction for superlong duration bonds as market players continue to bet on additional interest rate hikes in Japan.
Reuters
Wed, Mar 5
Stocks
India's Ambuja Cements, Orient Cement gain on approval for acquisition
** Shares of Ambuja Cements ABUJ.NS climb 1.9% to 484 rupees, while Orient Cement ORCE.NS rises 2.3% to 334.95 rupees** India's antitrust watchdog on Tuesday approved Ambuja's acquisition of Orient, months after the Adani Group company first announced the deal** ORCE set for busiest trading ...Reuters
Wed, Mar 5
Cryptocurrencies
Ethereum Weekly RSI Drops To Lowest Level Since May 2022 – More Selling Pressure Ahead?
Over the last week, Ethereum (ETH) has dropped 13.8%, currently trading at the critical $2,000 support level. While the digital asset’s weekly Relative Strength Index (RSI) has hit its lowest point in three years, analysts warn that further downside may still be ahead. Ethereum RSI At Lowest Levels ...NewsBTC
Wed, Mar 5
Stocks
Adidas sees growth at high single-digit rate in 2025
March 5(Reuters) - Adidas ADSGn.DE expects sales growth of up to 10% this year, slowing slightly after a strong 2024, as it sees continued double-digit growth for the adidas brand.Under CEO Bjorn Gulden, Adidas has typically managed the market's expectations in order to deliver stronger results ...Reuters
Wed, Mar 5
Commodities
ERCOT Cancels Operating Condition Notice Due To Wildfire Risk In West Texas Area
March 5 (Reuters) - ELECTRICITY RELIABILITY COUNCIL OF TEXAS (ERCOT):CANCELS OPERATING CONDITION NOTICE ISSUED DUE TO WILDFIRE RISK IN A LARGE PORTION OF THE WEST TEXAS AREA FOR MARCH 4RELATED- nFWN3PN0NMReuters
Wed, Mar 5
Other
Scor Q4 Gross Written Premiums At EUR 5.05 Bln
March 5 (Reuters) - Scor SE SCOR.PA:PROPOSES REGULAR DIVIDEND OF EUR 1.8 PER SHAREQ4 NET INCOME EUR 233 MILLION (COMPANY-COMPILED CONSENSUS: EUR 195 MILLION)Q4 GROSS WRITTEN PREMIUMS EUR 5.05 BILLIONQ4 P&C COMBINED RATIO 83.1% (CONSENSUS: 85.4%)END-DEC ECONOMIC VALUE AT EUR 8.62 BILLION (CONSENS...Reuters
Wed, Mar 5
Commodities
GRAINS-Soybeans, corn rebound from 2-month lows; wheat firms
Chicago soybeans, corn, wheat prices recover on bargain-buyingUS-China trade tensions to reduce upside potential in pricesBy Naveen Thukral SINGAPORE, March 5 (Reuters) - Chicago soybeans and corn bounced back on Wednesday, recovering form their lowest levels since early January, although worries...Reuters
Wed, Mar 5
Other
Tesla offers $1,100 insurance subsidy for Model 3 purchases in China
BEIJING, March 5 (Reuters) - U.S. automaker Tesla TSLA.O announced Wednesday that it would offer an 8,000 yuan ($1,101.90) insurance subsidy for purchases of Model 3 vehicles in China until March 17.($1 = 7.2602 Chinese yuan renminbi)Reuters
Wed, Mar 5
Other
Tenaris Completes Its $700 Mln Share Buyback
March 5 (Reuters) - Tenaris SA TENR.MI:SAID ON TUESDAY IT HAD COMPLETED ITS $700 MLN SHARE BUYBACKHAS PURCHASED 36,862,132 ORDINARY SHARES, 3.17% OF ISSUED SHARE CAPITAL AT BEGINNING OF PROGRAM TOTAL CONSIDERATION EUR 668,198,121, AROUND $700 MLNAS OF MARCH 4 OWNS 7.81% OF ITS TOTAL ISSUED SHARE CAP...Reuters
Wed, Mar 5
Economic Indicator
WRAPUP 3-China ramps up stimulus to guard economy from changes 'unseen in a century'
Growth target set at about 5%; debt, deficit to risePremier Li Qiang notes global changes "unseen in a century"Li pledges to "vigorously boost" sluggish consumptionBy Antoni Slodkowski, Laurie Chen, Jing Xu and Eduardo Baptista BEIJING, March 5 (Reuters) - China unlocked more fisc...Reuters
Wed, Mar 5
