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Commodities
FBD estimates Storm Éowyn and January weather losses at €30mn
By Ryan HewlettFeb 14 - (The Insurer) - FBD has estimated that Storm Éowyn and the heavy snow during the cold snap in January will cost the Irish P&C insurer around €30mn ($31.5mn).Storm Éowyn, as named by the UK Met Office, caused damage in the UK and Ireland in late January. The storm is set t...Reuters
Fri, Feb 14
Economic Indicator
Peru cenbank forecasts further economic growth without demand inflation pressures
Adds detail about economic growth LIMA, Feb 14 (Reuters) - Peru's central bank expects the local economy to continue growing, chief economist Adrian Armas said on Friday, without the occurence of demand putting pressure on inflation.The economy likely grew around 4.7% year-over-year in both D...Reuters
Fri, Feb 14
Other
UK's Assura gets preliminary approach from KKR, pension fund
Feb 14 (Reuters) - British healthcare real estate investment trust Assura said on Friday it had received a preliminary approach from KKR KKR.N and UK-based pension fund Universities Superannuation Scheme.U.S. private equity fund KKR and Universities Superannuation Scheme, which offers principal pens...Reuters
Fri, Feb 14
Commodities
FBD estimates Storm Éowyn and January weather losses at €30mn
By Ryan HewlettFeb 14 - (The Insurer) - FBD has estimated that Storm Éowyn and the heavy snow during the cold snap in January will cost the Irish P&C insurer around €30mn ($31.5mn).DStorm Éowyn, as named by the UK Met Office, caused damage in the UK and Ireland in late January. The storm is set ...Reuters
Fri, Feb 14
Other
BRIEF-Coatue Management LLC Reports Stake In Reddit, Cuts In Microsoft, Nvidia
Feb 14 (Reuters) - COATUE MANAGEMENT LLC :COATUE MANAGEMENT LLC CUTS SHARE STAKE IN MICROSOFT CORP BY 8.5% TO 3.5 MILLION SHARESCOATUE MANAGEMENT LLC CUTS SHARE STAKE IN NVIDIA CORPORATION BY 1.3% TO 10 MILLION SHARES- SEC FILINGCOATUE MANAGEMENT LLC CUTS SHARE STAKE IN BROADCOM INC BY 18.4% TO 3.5 ...Reuters
Fri, Feb 14
Other
BRIEF-Coatue Management LLC Cuts Share Stake In Tesla, Amazon, Dissolves In Nikola
Feb 14 (Reuters) - Coatue Management LLC:COATUE MANAGEMENT LLC CUTS SHARE STAKE IN TESLA INC BY 2.8% TO 2.2 MILLION SHARESCOATUE MANAGEMENT LLC CUTS SHARE STAKE IN AMAZON COM INC BY 5.3% TO 10.7 MILLION SHARESCOATUE MANAGEMENT LLC CUTS SHARE STAKE IN ALPHABET INC BY 12.1% TO 3.24 MILLION CAPITAL STO...Reuters
Fri, Feb 14
Cryptocurrencies
Europe vows retaliation if Trump imposes global reciprocal tariffs
Donald Trump wants tariffs. The European Union (EU) wants payback. The European Commission President, Ursula von der Leyen, said Friday that the bloc will retaliate immediately if the United States imposes global reciprocal tariffs. Trump set an April 1 deadline to finalize the plan, claiming European trade policies, like the value-added tax (VAT), give European […]Cryptopolitan
Fri, Feb 14
Stocks
Moderna norovirus vaccine trial on hold by US FDA over neurological side effect
Moderna reports larger-than-expected quarterly loss Revenue falls 66% but beats expectationsFDA pauses norovirus vaccine trial after adverse event reportRecasts with details on norovirus trial pause in paragraphs 1-5, adds stock move and analyst comment, paragraphs 9 and 11By Patrick Wingrove and M...Reuters
Fri, Feb 14
Other
Brit combined ratio deteriorates to 97.2% in Q4
By Michael JonesFeb 14 - (The Insurer) - Brit Insurance has posted an undiscounted combined ratio of 97.2% in the fourth quarter of 2024, an 8.9%age point increase on the prior-year period.FY 2024 CR 93.6% (FY 2023 CR: 91.9%) Q4 2024 GWP up 14.6% to $915.9 millionFairfax increases Brit ownership to ...Reuters
Fri, Feb 14
Other
Federal prosecutor will sign motion to dismiss Adams charges in bid to save colleagues' jobs, sources say
By Sarah N. LynchWASHINGTON, Feb 14 (Reuters) - A federal prosecutor agreed on Friday to file a motion to dismiss the criminal corruption charges against New York City Mayor Eric Adams, in a bid to spare other career staff from potentially being fired by the acting deputy attorney general, sources b...Reuters
Fri, Feb 14
Other
INSIGHT-Elon Musk's tactics frustrate some White House senior officials
Updates headlineBy Alexandra Ulmer, Gram Slattery and Nandita Bose Feb 14 (Reuters) - As tech billionaire Elon Musk expands his influence over more than a dozen U.S. federal agencies, frustration is growing among some top aides to President Donald Trump, who want more coordination from Musk's...Reuters
Fri, Feb 14
Commodities
FBD estimates Storm Éowyn and January weather losses at €30mn
By Ryan HewlettFeb 14 - (The Insurer) - has estimated that Storm Éowyn and the heavy snow during the cold snap in January will cost the Irish P&C insurer around €30mn ($31.5mn).Storm Éowyn, as named by the UK Met Office, caused damage in the UK and Ireland in late January. The storm is set to b...Reuters
Fri, Feb 14
Commodities
Diamondback in talks to buy Double Eagle for more than $5 billion, WSJ reports
Feb 14 (Reuters) - Diamondback Energy FANG.O is in talks to buy EnCap-backed Double Eagle, a big West Texas energy producer, for more than $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter. Last year, Reuters reported that Double Eagle was exploring a sal...Reuters
Fri, Feb 14
Stocks
SoundHound AI Is Plummeting Today -- Is It Time to Buy the Stock?
SoundHound AI (NASDAQ: SOUN) stock is crashing Friday. The company's share price was down by 26.7% as of 11:45 a.m. ET, and had been down as much as 31.8% earlier in the trading session.The plunge was apparently driven by the news -- disclosed Friday morning in a Securities and Exchange Commission f...The Motley Fool
Fri, Feb 14
Other
INSIGHT-At Trump's White House, Musk's tactics frustrate some senior officials, sources say
Adds White House press secretary in paragraph 9; note language in comment that readers may find offensiveBy Alexandra Ulmer, Gram Slattery and Nandita Bose Feb 14 (Reuters) - As tech billionaire Elon Musk expands his influence over more than a dozen U.S. federal agencies, frustration is growing a...Reuters
Fri, Feb 14
Commodities
Enbridge profit rises on better tolls, utilities strength
Utilities segment income doublesMainline system profit up 3% despite volume dropNet earnings drop on derivative value changesAdds details from conference call throughoutBy Seher Dareen Feb 14 (Reuters) - Pipeline operator Enbridge ENB.TO saw higher tolls on its pipelines and a doubling of income ...Reuters
Fri, Feb 14
Other
'Bridgerton' actors tease season four romance between Benedict and maid
By Marie-Louise GumuchianLONDON, Feb 14 (Reuters) - "Bridgerton" fans got a first glimpse of the hit Netflix show's season four on Friday, which will see a romance blossom between the noble family's second son Benedict and a servant.At an event in London, showrunner Jess Brownell joi...Reuters
Fri, Feb 14
Stocks
Why BlackBerry Stock Is Soaring This Week
BlackBerry (NYSE: BB) stock is surging higher in this week's trading. According to data from S&P Global Market Intelligence, as of noon ET this Friday, the company's share price was up 9.7% from last week's market close.BlackBerry's valuation is moving higher following the announcement of the compan...The Motley Fool
Fri, Feb 14
