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BRIEF-Trump Eyes Tariffs To Counter Digital Taxes Despised By Big Tech- Bloomberg News
Feb 21 (Reuters) - TRUMP EYES TARIFFS TO COUNTER DIGITAL TAXES DESPISED BY BIG TECH- BLOOMBERG NEWSFRIDAY’S ACTION DIRECTS USTR TO DEVELOP REMEDIES FOR THE TAXES THAT FOREIGN GOVERNMENTS IMPOSE ON US TECH COMPANIES SUCH AS ALPHABET AND META PLATFORMS - BLOOMBERG NEWSSource text: https://tinyurl.com/...Reuters
Fri, Feb 21
Other
Mastercard settlement approved by UK court despite funders' opposition
LONDON, Feb 21 (Reuters) - Mastercard's MA.N agreement to settle a landmark lawsuit brought on behalf of British consumers was approved by a London tribunal on Friday, despite opposition from the firm that funded the litigation.The global payments processor said the Competition Appeal Tribunal h...Reuters
Fri, Feb 21
Other
Cyber market 'a long way off from pricing adequacy'
By Michael LoneyFeb 19 - (The Insurer) – Cyber pricing is not adequate as a result of new entrants and issues around how the market reserves, according to one speaker at the NetDiligence Cyber Risk Summit in Miami Beach.During a state of the markets panel called ‘Addressing Variation Across Regions’...Reuters
Fri, Feb 21
Stocks
BUZZ-Protagonist Therapeutics rises on quarterly profit beat
** Drug developer Protagonist Therapeutics' PTGX.O shares rise 3.1% to $39.68** Company posts Q4 adj profit of $1.98 per share, beating analysts' estimates of 32 cents per share, according to data compiled by LSEG ** The company got a $165 million milestone payment during Q4 2024 after ...Reuters
Fri, Feb 21
Other
Brazil's Azul approves capital increase with Neeleman investment
SAO PAULO, Feb 21 (Reuters) - Brazilian airline Azul's AZUL.N board of directors has approved a capital increase as part of an out-of-court restructuring that gave lessors equity in lieu of nearly $550 million in obligations, the company said late on Thursday.The capital increase of up to 3.37 b...Reuters
Fri, Feb 21
Other
Ukrainian soldiers dismiss Trump-Russia peace push
By Vitalii Hnidyi and Valentyn OgirenkoDNIPROPETROVSK REGION, Ukraine, Feb 21 (Reuters) - Peace talks this week between Russia and the U.S. aimed at ending three years of war in Ukraine have not impressed front-line Ukrainian troops, who see no quick end to the fighting if Kyiv is left out of negoti...Reuters
Fri, Feb 21
Other
BUZZ-J.P. Morgan raises Ralph Lauren PT on positive management comments
** J.P. Morgan raises PT on apparel company Ralph Lauren RL.N to $342 from $285, citing constructive management comments** New PT around 19% upside to stock's last close** CEO Patrice Louvet said during a meeting with the brokerage, "We have not peaked as a brand"** JPM says RL's pla...Reuters
Fri, Feb 21
Other
Carriers take an inconsistent approach to non-breach privacy as claims skyrocket
By Michael LoneyFeb 19 - (The Insurer) – Speaking at the NetDiligence Cyber Risk Summit in Miami Beach in February, Garrett Koehn, chief innovation officer and president of ExecPro for CRC Group, highlighted a growing area of concern for the market.He said that non-breach violations of privacy data ...Reuters
Fri, Feb 21
Commodities
Grains traders challenge new export tax in Brazil court
SAO PAULO, Feb 21 (Reuters) - Brazilian grain traders association Abiove is challenging a new state law imposing a 1.8% levy on grain exports from Maranhao that will take effect next week, Abiove head Andre Nassar told Reuters in an interview. Abiove, which represents global grains merchants includi...Reuters
Fri, Feb 21
Economic Indicator
Mexico economy contracts 0.6% in the fourth quarter as trade tensions loom
Adds annualized GDP data in paragraph 4, December data in paragraph 10, economist comment in paragraphs 11By Gabriel Araujo Feb 21 (Reuters) - Mexico's economy shrank in the fourth quarter for the first time in more than three years, official data showed on Friday, as the central bank expects...Reuters
Fri, Feb 21
Other
BUZZ-Street View: Analysts remain positive on CenterPoint Energy over rising power demand
** Utility CenterPoint Energy CNP.N reported a rise in Q4 profit on Thursday and increased its 10-year capital expenditure plan to improve grid resiliency in response to the surging power demand** 5 of 18 brokerages rate the stock "buy" or higher, 12 "hold" and 1 "sell" or lo...Reuters
Fri, Feb 21
Economic Indicator
Tariffs, federal government spending cuts restrain US business activity
Business activity index falls to 17-month low in FebruaryManufacturing prices paid measure highest since late 2022By Lucia Mutikani WASHINGTON, Feb 21 (Reuters) - U.S. business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal government spen...Reuters
Fri, Feb 21
Other
Timing questioned as new reinsurance entrants target more volatile areas
By Michael LoneyFeb 19 - (The Insurer) – New cyber reinsurance entrants are coming into volatile areas at a time when pricing is softening, adding pressure in the short term, although more capacity will be needed for the market to grow at its projected rate in the long term, according to speakers at...Reuters
Fri, Feb 21
Stocks
If I Could Only Buy 1 Warren Buffett Artificial Intelligence (AI) Stock, This Would Be It (Hint: It's Not Apple)
For decades, Warren Buffett helped build Berkshire Hathaway into a financial behemoth primarily through investments across consumer goods and insurance. It's quite rare that the Oracle of Omaha dabbles with stocks in the technology sector.Ironically enough, though, the largest position in Berkshire'...The Motley Fool
Fri, Feb 21
Stocks
BUZZ-EV maker Rivian falls on weak 2025 deliveries forecast, vehicle recall
Updates** Shares of EV maker Rivian RIVN.O fall 5.2% to $12.91 in morning trading ** RIVN forecasts a surprise drop in vehicle deliveries for the year ** Co says it is recalling 17,260 vehicles in the U.S. due to a headlight issue that could reduce visibility and increase the risk of a c...Reuters
Fri, Feb 21
Stocks
Is Grab Stock a Bad Investment Now?
In this video, I will talk about Grab (NASDAQ: GRAB) and its recent earnings report. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Feb. 19, 2025. The video was published on Feb. 19, 2025.Where to inve...The Motley Fool
Fri, Feb 21
