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GLOBAL MARKETS-US stocks gain, as oil prices head toward monthly decline
Updated at 1:48 p.m. ET (1848 GMTUkraine president leaves White House after contentious meetingUS stocks rise; dollar rises in choppy tradeStocks retreat in Europe, Asia; Bitcoin slides below $80,000By Chris Prentice and Greta Rosen Fondahn Feb 28 (Reuters) - European shares ended flat on Friday ...Reuters
Fri, Feb 28
Commodities
PRECIOUS-Gold set to record worst week in three months on robust dollar
US PCE at 0.3% in JanuaryGold still poised for second straight monthly gainSilver, platinum, palladium set for monthly lossesUpdates prices for market closeBy Anmol Choubey Feb 28 (Reuters) - Gold prices fell over 1% on Friday as the dollar held close to two-week highs after U.S. inflation data c...Reuters
Fri, Feb 28
Cryptocurrencies
Shiba Inu’s (SHIB) Meme Power vs Lightchain AI’s Real-World Impact- Which Will Make It to $1 First?
As Shiba Inu (SHIB) continues to harness the power of its meme-driven community, many are wondering whether it will reach the $1 mark first or if Lightchain AI’s real-world impact will propel it ahead. Shiba Inu has captivated investors with its strong social media presence and growing adoption in the meme coin space. However, Lightchain […]Cryptopolitan
Fri, Feb 28
Other
Ukraine's USD bonds little changed after contentious White House meeting
NEW YORK, Feb 28 (Reuters) - Ukraine's dollar bond prices were down on Friday, with bids little changed after a meeting between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump descended into a shouting match and a deal over access to minerals was not signed.The 2034 matur...Reuters
Fri, Feb 28
Other
EXCLUSIVE-Trump's top prosecutor in Washington demotes senior leaders, sources say
Ed Martin demotes senior leaders to entry-level positionsDemotions include prosecutors of Oath Keepers and Peter NavarroSource says office is in "chaos"Updates with more details about the demotions in the officeBy Sarah N. Lynch and Andrew Goudsward WASHINGTON, Feb 28 (Reuters) - Presiden...Reuters
Fri, Feb 28
Stocks
BUZZ-Voya Financial rises after Morgan Stanley upgrades to 'overweight'
** Shares of wealth and investment company Voya Financial VOYA.N rise as much as 3.5%; last up 1.9% at $71.87** Morgan Stanley upgrades VOYA to "overweight" from "equal-weight"; raises PT to $87 from $76, a 23.4% upside to stock's last close** Brokerage says current valuation doe...Reuters
Fri, Feb 28
Commodities
Trump, Zelenskiy did not sign minerals deal, White House says
WASHINGTON, Feb 28 (Reuters) - U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy did not sign a minerals deal on Friday, a White House official told Reuters.Trump has not ruled out an agreement, but not until Ukraine is ready to have a constructive conversation, a senior U.S. o...Reuters
Fri, Feb 28
Other
BREAKINGVIEWS-Verizon static overwhelms Trump trade signal
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Jonathan GuilfordNEW YORK, Feb 28 (Reuters Breakingviews) - U.S. President Donald Trump’s victory promised big things for corporate America and markets alike. An embrace of tax cuts and shredding red tape should...Reuters
Fri, Feb 28
Other
Mexico's economy minister shares "cordial" meeting with U.S. counterpart
MEXICO CITY, Feb 28 (Reuters) - Mexico's Economy Minister Marcelo Ebrard said on Friday that his meeting with U.S. Commerce Secretary Howard Lutnick was "cordial".The minister added on X that Mexico and the U.S. have a "great future working together."Reuters
Fri, Feb 28
Stocks
Intel delays $28 billion Ohio chip factories to 2030
Updates source in paragraph 1, adds executive quote in paragraph 5 Feb 28 (Reuters) - Intel's INTC.O promised $28 billion chip fabrication plants in Ohio are facing further delays, with the first factory in New Albany now expected to be completed only by 2030, the struggling chipmaker said on...Reuters
Fri, Feb 28
Other
India's Sun Pharma aims to launch its obesity drug in five years, managing director says
By Rishika SadamMUMBAI, March 1 (Reuters) - India's largest drugmaker by revenue Sun Pharmaceutical SUN.NS is aiming to launch its experimental anti-obesity and type 2 diabetes drug in the next four to five years, Managing Director Dilip Shanghvi said on Friday.The company is among many Indian d...Reuters
Fri, Feb 28
Commodities
Trump's firings at US weather agency will put lives at risk, scientists say
Agency provides crucial information on weather emergenciesScientists working on data for forecasts among those firedNOAA's work spans climate modeling, radar system maintenanceAgency's data used by countries that can't afford monitoringBy Valerie Volcovici, Rich McKay and Leah DouglasWAS...Reuters
Fri, Feb 28
Commodities
US oil and gas production hit record high in December, says EIA
Adds details throughoutBy Scott DiSavino and Shariq KhanFeb 28 (Reuters) - U.S. crude oil and natural gas output set records in December, and oil demand touched multi-month highs, the U.S. Energy Information Administration said in its Petroleum Supply Monthly report on Friday.Crude oil output hit 13...Reuters
Fri, Feb 28
Stocks
BUZZ-Corebridge Financial rises after Morgan Stanley upgrades to 'overweight'
** Shares of life insurer Corebridge Financial CRBG.N rise as much as 3.9%; last up 2.9% at $34.29** Morgan Stanley upgrades CRBG to "overweight" from "equal-weight"; raises PT to $43 from $35, a 29% upside to stock's last close** Brokerage says management's business shift to...Reuters
Fri, Feb 28
Stocks
BUZZ-U.S. STOCKS ON THE MOVE-BridgeBio Pharma, NetApp, Talen Energy
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures rose slightly on Friday after a volatile week, as investors looked ahead to crucial inflation data that is expected t...Reuters
Fri, Feb 28
Other
IMF, Ukraine reach staff agreement on next disbursement of $400 mln
Adds details in paragraphs 3-6WASHINGTON, Feb 28 (Reuters) - Officials from the International Monetary Fund and the Ukrainian government reached a staff-level agreement on the seventh review of Ukraine's $15.5 billion Extended Fund Facility (EFF) program, the fund said in a statement on Friday.T...Reuters
Fri, Feb 28
Other
CORRECTED-EXCLUSIVE-Trump's top prosecutor in Washington demotes senior leaders, sources say
Corrects paragraph 4 to say the reassignments are "not temporary"Ed Martin demotes senior leaders to entry-level positionsDemotions include prosecutors of Oath Keepers and Peter NavarroSource says office is in "chaos"By Sarah N. Lynch and Andrew Goudsward WASHINGTON, Feb 28 (Reute...Reuters
Fri, Feb 28
Other
Amazon's Wondery podcast unit trims jobs
By Greg Bensinger Feb 28 (Reuters) - Amazon AMZN.O cut "a small number" of jobs at its Wondery podcast unit, known for "Dr. Death" and "Business Wars," the company said in a statement to Reuters on Friday.Amazon purchased the company in 2020 for a reported $300 million and...Reuters
Fri, Feb 28
