News
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Commodities
Germany not in talks over Nord Stream 2 gas pipeline revival
Updates headline BERLIN, March 3 (Reuters) - Germany's energy independence from Moscow is crucial and it is not in talks with Russia over a "possible pipeline-based supply of Russian gas" via the partly damaged Nord Stream 2 pipeline, the economy ministry said on Monday.The ministry w...Reuters
Mon, Mar 3
Economic Indicator
Fed's Musalem: Unanchoring inflation expectations would concern me
Federal Reserve (Fed) Bank of St Louis Alberto Musalem hit newswires on Monday, admitting that signs of economic deterioration are beginning to show through the cracks, but that overall growth and labor figures still look good, at least for the time being.Fxstreet
Mon, Mar 3
Other
Zelenskiy says Ukraine needs 'substantive' diplomacy to end war, hopes to rely on US
March 3 (Reuters) - President Volodymyr Zelenskiy said on Monday that Ukraine had to engage in "substantive" diplomacy to bring to a rapid end the three-year-old war with Russia, and he hoped to be able to rely on U.S. support in securing peace."It is very important that we try to make o...Reuters
Mon, Mar 3
Other
Pfizer could use existing US manufacturing to counter potential tariff hit
Adds background in paragraphs 5-8By Christy Santhosh March 3 (Reuters) - Pfizer PFE.N CEO Albert Bourla said on Monday the drugmaker might move overseas manufacturing to its existing plants in the United States, if required, as the Trump administration threatens numerous tariffs on imported goods...Reuters
Mon, Mar 3
Other
Citi's consumer and retail M&A head Finkelstein to leave bank, sources say
By Abigail Summerville NEW YORK, March 3 (Reuters) - David Finkelstein, a veteran investment banker who currently heads Citigroup's C.N global consumer and retail banking franchise, is leaving the bank, people familiar with the matter told Reuters on Monday.Finkelstein, who is based in New Yo...Reuters
Mon, Mar 3
Stocks
BUZZ-PREVIEW: Target shares up slightly; Q4 EPS, rev seen dropping
** Shares in Target Corp TGT.N up 0.2% in choppy trading on Mon ahead of fiscal Q4 report due before market open on Tues, with investors expecting a drop in rev as the retailer struggles to compete against Walmart and others** Wall Street analysts see the retailer reporting adj EPS of $2.26, down ~2...Reuters
Mon, Mar 3
Stocks
Here's Why Bitcoin and Ethereum Are Soaring Today
Many cryptocurrencies skyrocketed over the weekend. Industry giant Bitcoin (CRYPTO: BTC) gained 13% from Friday's market close to 9:15 a.m. ET on Monday. Smart contracts veteran Ethereum (CRYPTO: ETH) posted a 15.4% gain over the same period.The crypto market never sleeps, being open for trading at ...The Motley Fool
Mon, Mar 3
Commodities
Europe Gasoline/Naphtha-Gasoline refining margins soften
LONDON, March 3 (Reuters) - Northwest European gasoline refining profit margins fell slightly to $7.95 a barrel on Monday as export activity slowed. A total of 4,000 metric tons of E10 gasoline barges traded, as Trafigura sold to Varo and Shell.A further 7,000 tons of Eurobob E5 traded, as Vitol, L...Reuters
Mon, Mar 3
Other
U.S. RESEARCH ROUNDUP- Autodesk, Fedex, Morgan Stanley Direct Lending Fund
March 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Autodesk, Fedex and Morgan Stanley Direct Lending Fund, on Monday. HIGHLIGHTS * Autodesk Inc ADSK.O: HSBC cuts target price to $275 from $290* Brown-Forman ...Reuters
Mon, Mar 3
Other
Basketball-Serena Williams takes ownership stake in WNBA's Toronto Tempo
TORONTO, March 3 (Reuters) - Retired tennis great Serena Williams has taken an ownership stake in Canada's first Women's National Basketball Association team, the Toronto Tempo announced on Monday.Williams, a 23-time Grand Slam singles champion who made her professional debut in Canada in 19...Reuters
Mon, Mar 3
Other
US SEC offers staff $50,000 to resign or retire, memo says
By Chris Prentice NEW YORK, March 3 (Reuters) - The U.S. Securities and Exchange Commission is offering some employees $50,000 if they choose to resign or to retire under an early retirement program, according to an agency memo seen by Reuters.The SEC alongside other federal agencies has been loo...Reuters
Mon, Mar 3
Other
XS Global brings in ART and parametric specialist Gross from Cooper Gay
By Chris MunroMarch 3 - (The Insurer) - XS Global has bolstered its alternative risk transfer (ART) and parametric capabilities with the hire of Cooper Gay and Meteo Project executive Gabriel Gross.Gross, who is based in Paris, France, joined XS Global on March 1 and has been given the title of dire...Reuters
Mon, Mar 3
Commodities
CORRECTED-Scientists predict major quake in Chile's mineral-rich north
Corrects Feb. 27 story with name, title of scientist in paragraphs 8-11Scientists expect a major earthquake in northern Chile soonChile's north holds major copper and lithium production sitesGPS technology helps monitor tectonic plate movements in ChileSANTIAGO, Feb 27 (Reuters) - Fifteen years ...Reuters
Mon, Mar 3
Cryptocurrencies
White House Crypto Czar David Sacks says he’s sold off all his crypto holdings
David Sacks, the White House’s AI and Crypto Czar, confirmed Sunday night that he sold his entire crypto portfolio before taking office in the Trump administration. “I sold all my cryptocurrency (including BTC, ETH, and SOL) prior to the start of the administration,” Sacks posted on X. The statement followed a report from the Financial […]Cryptopolitan
Mon, Mar 3
Other
BRIEF-Blackstone & Sixth Street Make Fourth Indicative Proposal For Warehouse REIT
March 3 (Reuters) - Blackstone Europe LLP:BLACKSTONE AND SIXTH STREET MAKE FOURTH INDICATIVE PROPOSAL FOR WAREHOUSE REITPROPOSAL VALUES WAREHOUSE REIT AT ABOUT £470 MILLIONCONSORTIUM MUST ANNOUNCE INTENTION TO MAKE OFFER FOR WAREHOUSE REIT BY 31 MARCHSource text: [ID:]Further company coverage: BX.NReuters
Mon, Mar 3
Economic Indicator
Med crude-Urals diffs drift sideways, Kazakhstan exceeded its OPEC+ output quota in February
MOSCOW, March 3 (Reuters) - Urals crude differentials were steady on Monday in opaque market, while Kazakhstan exceeded its output quota of 1.468 million bpd within the OPEC+ group in February, according to the sources and Reuters calculations.Kazakhstan raised crude oil and gas condensate producti...Reuters
Mon, Mar 3
