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Commodities
RPT-Guyana waiting for Exxon's gas development plans until end of March, VP says
Repeats story originally published on February 24, no changesGuyana says it might jointly develop gas fields with SurinameFulcrum LNG has capacity to develop large gas project, VP saysOnshore power project faces delay of about three monthsGovernment sees others developing gas if Exxon does notBy Mar...
Reuters
Tue, Feb 25
Commodities
RPT-COLUMN-Key energy and output data to track as Germany charts economic revival: Maguire
The opinions expressed here are those of the author, a market analyst for Reuters.By Gavin Maguire LITTLETON, Colorado, Feb 25 (Reuters) - Following rare back-to-back economic contractions in 2023 and 2024, German businesses are hopeful that a new government formed by the conservative CDU/CSU par...
Reuters
Tue, Feb 25
Other
MEDIA-Acting IRS chief to step down amid DOGE blitz on agency -W.Post
WASHINGTON, Feb 25 (Reuters) - -- Source link: https://tinyurl.com/4e4pfnd7-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Tue, Feb 25
Stocks
BUZZ-BofA starts coverage on weight-loss drug developer Metsera with 'buy' rating
** BofA Global Research starts coverage on weight-loss drug developer Metsera MTSR.O with "buy" rating and $38 PT** PT represents a 27.5% upside to stock's last close** MTSR is poised to "break into the obesity market", which is projected to reach ~$170 bln by 2030, with a unique...
Reuters
Tue, Feb 25
Stocks
BUZZ-Civitas Resources falls after Q4 profit miss
** Shares of oil and gas producer Civitas Resources CIVI.N drop ~7% to $45.93 premarket** Co misses Q4 profit estimate; posts adj. EPS of $1.78 vs est. of $1.98 - data compiled by LSEG** Co to lay off 10% of its workforce and expects to reduce 2025 year-end net debt below $4.5 billion** Says free ca...
Reuters
Tue, Feb 25
Commodities
PRECIOUS-Gold eases after hitting record, safe-haven flows strong
Gold hit record high of $2,956.15 on MondayTrump says Canada, Mexico tariffs on scheduleUS PCE data due on FridayUpdates with EMEA mid session tradingBy Anjana Anil and Sarah Qureshi Feb 25 (Reuters) - Gold prices hovered near an all-time high on Tuesday, as fears of a trade war and instability a...
Reuters
Tue, Feb 25
Stocks
Late to Retirement Planning? 4 Strategies to Help You Catch Up to Your Peers
If you know you haven't yet done enough to fund the retirement you dream of, don't beat yourself up. Most people haven't. Getting started is hard, and consistently taking the next necessary stops isn't much easier.Well, good news! It's probably not too late to catch up with your peers and change you...
The Motley Fool
Tue, Feb 25
Other
Lilly launches higher dose vials of weight-loss drug for $150 less than injector pen
By Patrick Wingrove Feb 25 (Reuters) - Eli Lilly LLY.N said on Tuesday it has begun selling higher doses of its popular weight-loss drug Zepbound in vials in the U.S. at a $150 discount to the cost of the injector pen versions, as it seeks to spur further demand for the medicine. The drugmaker s...
Reuters
Tue, Feb 25
Commodities
EU promises support for steel sector as US trade tariffs loom
Adds von der Leyen quotes, more detail and background from 2nd paragraph BRUSSELS, Feb 25 (Reuters) - The EU Commission on Tuesday said it will present plans to make Europe's ailing steel sector more competitive and to shield it from looming U.S. trade tariffs in the spring.Its action plan wi...
Reuters
Tue, Feb 25
Stocks
LIVE MARKETS-German vote might keep Europe profit taking at bay
STOXX 600 up 0.4%Defence in focusUnilever CEO quitsNasdaq futures dip Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comGERMAN VOTE MIGHT KEEP EUROPE PROFIT TAKING AT BAY After a surpri...
Reuters
Tue, Feb 25
Cryptocurrencies
DOGE reveals the agency’s efficiency leaderboard and wall of receipts – What to know
DOGE launched a ranking system to track agency cost-cutting, claiming $65B in savings, though $38B remains unverified.
Cryptopolitan
Tue, Feb 25
Stocks
BUZZ-Unity Software slips after upsized $600 mln convertible deal priced
** Unity Software's U.N shares down 2.4% at $26.62 in premarket trading after video-game software maker secures capital raise** San Francisco-based firm late Mon announced pricing offering of $600 mln 0% convertible bonds (CBs) due 2030** Initial conversion price of $36.15 represents 32.5% premi...
Reuters
Tue, Feb 25
Stocks
REFILE-US STOCKS-Futures dip as markets weigh trade risks, Nvidia down before results
Adds dropped word "the' in paragraph 3Futures off: Dow 0.06%, S&P 500 0.21%, Nasdaq 0.38% Feb 25 (Reuters) - U.S. stock index futures slipped on Tuesday, led by weakness across chip companies and megacaps, as investors digested fresh tariff comments from President Donald Trump and Nvi...
Reuters
Tue, Feb 25
Forex
Sterling steady before Bank of England economist remarks
LONDON, Feb 25 (Reuters) - The pound held just shy of a two-month high against the dollar on Tuesday, and was little changed against the euro in fairly calm trading as markets looked to remarks from the Bank of England's chief economist. The pound was last at $1.2632, flat on the day, having tou...
Reuters
Tue, Feb 25
Cryptocurrencies
Bitcoin Hashrate Faces Massive 7.6% Plunge, Foreshadowing For Price?
On-chain data shows the Bitcoin Hashrate has observed a sharp drop recently. Here’s what this could mean for the asset’s price.
Bitcoin
Ethereum
Bitcoinist
Tue, Feb 25
Other
DOGE job cuts could number one million – Torsten Sløk, chief economist at Apollo Global says
Torsten Sløk, chief economist at Apollo Global Management, predicts the layoffs from Elon Musk’s Department of Government Efficiency (DOGE) could reach one million jobs. He warns that early estimates of 300,000 layoffs fail to account for the broader impact on federal contractors.
Cryptopolitan
Tue, Feb 25
Stocks
Alibaba, US-listed Chinese stocks rebound after sharp Monday sell-off
Investing.com -- US-listed Chinese stocks rebounded on Tuesday, with Alibaba (NYSE:BABA) gaining more than 4% in premarket trading after suffering its biggest one-day drop since 2022. The KraneShares CSI China Internet ETF (NYSE:KWEB) rose 1% as of 05:36 ET in New York, while Alibaba recovered from
Investing.com
Tue, Feb 25
Stocks
BUZZ-Home Depot falls after forecasting annual same-store sales below expectations
** Home improvement firm Home Depot's HD.N shares down 2% at $374.1 premarket** Company forecasts annual comparable sales to grow 1%, below analysts' expectations of 1.7% growth - data compiled by LSEG** Co is contending with a slowdown in spending on big-ticket projects amid a weak housing ...
Reuters
Tue, Feb 25
Cryptocurrencies
LINK Sudden Breakdown Sparks Fears Of Collapse To $12.5 Support Zone
The crypto market is no stranger to turbulence, and Chainlink (LINK) is currently caught in the eye of the storm. As bearish forces tighten their grip, prices are perilously close to testing the crucial $12.5 support level a threshold that could determine its fate in the coming days. Several factors...
NewsBTC
Tue, Feb 25
Cryptocurrencies
Bybit Hackers On The Move? Stolen Funds Likely Headed To Mixers—Report
A blockchain security firm revealed that stolen funds from crypto exchange Bybit are being moved by hackers to crypto mixers to convert the bagged funds into Bitcoin in an attempt to obfuscate the transaction trail. Elliptic believes that the hackers known as the Lazarus Group, which is based in Nor...
Bitcoinist
Tue, Feb 25
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