News
Important Only
Economic Indicator
German economy shrank by 0.2% in Q4, statistics office confirms
Adds details from paragraph 2 BERLIN, Feb 25 (Reuters) - The German economy shrank by 0.2% in the final quarter of 2024 compared with the previous quarter, the statistics office reported on Tuesday, confirming a preliminary reading.Exports of goods and services were down considerably, falling 2.2...Reuters
Tue, Feb 25
Economic Indicator
China central bank adviser says exports to US may fall sharply
BEIJING, Feb 25 (Reuters) - China's exports to the U.S. may fall sharply as U.S. President Donald Trump's tariff hikes will hit bilateral trade, Wang Yiming, a policy adviser to China's central bank, said at an online event on Tuesday. Changes in the external environment will increase pr...Reuters
Tue, Feb 25
Stocks
RPT-BUZZ-COMMENT-Month-end FX hedge rebalancing expectations
Repeats with no changesFeb 24 (Reuters) - Banks are starting to release their month end rebalancing expectations for February and there is a consensus for USD demand. Deutsche Bank's model signals for February, based on current equity performance, suggest a reasonable shift toward USD buying. Th...Reuters
Tue, Feb 25
Other
UK's Smith+Nephew beats annual profit expectations
Feb 25 (Reuters) - Smith+Nephew SN.L beat analysts' expectations for annual sales and profit on Tuesday, as a recovery in its U.S. knee and hip implant business, along with cost cuts, helped the medical products maker offset the impact of weak demand from China.Reuters
Tue, Feb 25
Forex
BUZZ-COMMENT-Traders view currencies most threatened by Trump very differently
Feb 25 (Reuters) - Traders view the currencies most threatened by U.S. President Donald Trump very differently with many betting that Canada's dollar drops, while a few still expect Mexico's peso to rise.Wagers against the loonie grew to a record $14 billion, almost doubling the prior record...Reuters
Tue, Feb 25
Other
Indian drugmakers likely to stay competitive despite planned tariffs, Dr Reddy's says
Feb 25 (Reuters) - Indian drugmakers are likely to remain competitive in the generic drugs market in the face of U.S. President Donald Trump's plans to levy tariffs on pharmaceutical imports, Dr Reddy's Managing Director GV Prasad said on Tuesday. The Indian pharmaceutical industry is still ...Reuters
Tue, Feb 25
Economic Indicator
German economy shrank by 0.2% in Q4, statistics office confirms
BERLIN, Feb 25 (Reuters) - The German economy shrank by 0.2% in the final quarter of 2024 compared with the previous quarter, the statistics office reported on Tuesday, confirming a preliminary reading.Reuters
Tue, Feb 25
Cryptocurrencies
NEAR Protocol Reports Strong Q4 Gains As AI Initiatives Drive Double-Digit Growth
In its recent analysis, market intelligence firm Messari has provided a comprehensive overview of the NEAR Protocol’s performance in Q4 2024. Despite facing headwinds in the broader crypto market, NEAR has demonstrated notable resilience through increased activity and strategic developments. D...NewsBTC
Tue, Feb 25
Stocks
DXC tapped by Skanska to Modernize Global IT Infrastructure
ASHBURN, VA, Feb. 25, 2025 /PRNewswire/ -- DXC Technology, (NYSE: DXC), a leading Fortune 500 global technology services provider, has signed an agreement with Skanska AB, a multinational construction and project development leader, to modernize Skanska's IT infrastructure. The partnership will help...PR Newswire
Tue, Feb 25
Other
West Bank Palestinians fear Gaza-style clearance as Israel squeezes Jenin camp
Tens of thousands cleared from camps in northern West BankIsraeli troops seen preparing for long stayIsraeli hardliners look to Trump for supportUpdates status description in paragraph 14By Ali Sawafta JENIN, West Bank, Feb 24 (Reuters) - Israeli bulldozers have demolished large areas of the ...Reuters
Tue, Feb 25
Other
Russia will not return to the G7, German finance minister says
By Christian Kraemer, Maria Martinez and Christine Uyanik BERLIN, Feb 25 (Reuters) - Russia will not be readmitted into the Group of Seven nations as U.S. president Donald Trump has requested, German Finance Minister Joerg Kukies told Reuters in an interview. "The condemnation of the G7 of Ru...Reuters
Tue, Feb 25
Cryptocurrencies
BlackRock Executive, Rachel Aguirre, highlights three core principles for the Solana ETF approach
Rachel Aguirre, the head of U.S. iShares products at BlackRock, highlighted the company's three key principles applied when considering the launch of a Solana ETF. She said that BlackRock's focus remained on meeting customer needs, defining the investment thesis, and evaluating the suitability of ETF packaging.Cryptopolitan
Tue, Feb 25
Other
Indonesia, Apple agree on terms to lift iPhone 16 ban, Bloomberg News reports
Feb 25 (Reuters) - Indonesia and Apple AAPL.O have agreed on terms to lift the country's ban on iPhone 16s and could sign a deal as early as this week, Bloomberg News reported on Tuesday, citing people familiar with the matter. Indonesia banned the iPhone 16 in October after Apple failed to meet reqReuters
Tue, Feb 25
Forex
EUR/JPY loses momentum to near 156.50 on BoJ rate hike bets
EUR/JPY softens to near 156.65 in Tuesday’s early European session. Rising bets on the BoJ rate hike support the JPY. Investors will closely monitor how soon the conservative Christian Democrats could form a coalition government.
Fxstreet
Tue, Feb 25
Other
BRIEF-Northern Ocean Q4 Total Operating Revenues Falls To $65.4 Mln
Feb 25 (Reuters) - Northern Ocean Ltd NOL.OL:Q4 TOTAL OPERATING REVENUES $65.4 MILLION VERSUS $80.0 MILLION YEAR AGOQ4 NET OPERATING PROFIT $0.1 MILLION VERSUS LOSS $4.4 MILLION YEAR AGOSource text: ID:nObiMtKqCaFurther company coverage: NOL.OLReuters
Tue, Feb 25
