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Commodities
China's Iron and Steel Association says US tariff increase to impact global supply chain
HONG KONG, Feb 13 (Reuters) - China's Iron and Steel Association said the 25% tariff increase on all steel and aluminum imports to the U.S. would have an adverse impact on the supply chain of the global steel industry, including China's steel industry, state broadcaster China Central Televis...Reuters
Thu, Feb 13
Stocks
BUZZ-Genmab rises on better-than-expected Q4, guidance
** Shares in Genmab GMAB.CO rise 4.6% after the Danish drugmaker reported its Q4 operating income and guidance above expectations** J.P.Morgan highlights EBIT and EBIT guidance beats as "small positives", the beats coming as a result of lower R&D spending** JPM also points to Q4 revenues...Reuters
Thu, Feb 13
Stocks
Retiring in 2025? Here's Why the 4% Rule May Not Work for You.
Sadly, a lot of people go into retirement with minimal savings. But if you're gearing up to retire this year, you've hopefully managed to amass a decent nest egg at this point.But saving up a pile of money for retirement is only half the battle. It's just as important to manage your savings well so ...The Motley Fool
Thu, Feb 13
Commodities
Stainless steel maker Outokumpu drops US investment due to unpredictability
HELSINKI, Feb 13 (Reuters) - Finland's Outokumpu OUT1V.HE on Thursday said it had decided to drop its plan to invest in additional production capacity in the United States due to the "unpredictable" market environment.U.S. President Donald Trump has announced tariffs on Canada, Mexico an...Reuters
Thu, Feb 13
Technical Analysis
GBP/USD: Likely to trade in a 1.2310/1.2550 range – UOB Group
Pound Sterling (GBP) is expected to trade in a range between 1.2390 and 1.2490. In the longer run, for the time being, GBP is likely to trade in a 1.2310/1.2550 range, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Feb 13
Cryptocurrencies
Elon Musk asks the US government to ‘delete entire agencies’
Elon Musk is urging the United States government to eliminate entire federal agencies as part of a cost-cutting effort under President Donald Trump’s administration. Speaking via video call at the World Governments Summit in Dubai on Thursday, Musk criticized the federal bureaucracy and explained what he sees as the priorities for the Trump presidency. “We […]Cryptopolitan
Thu, Feb 13
Other
Aircraft lessor Avolon books $177 million from Russian insurance settlement
DUBLIN, Feb 13 (Reuters) - Aircraft lessor Avolon has booked $177 million in proceeds from settlements of insurance claims in respect of aircraft stranded in Russia after Western sanctions in 2022 and does not expect additional recoveries.Avolon, the world's second -largest aircraft lessor, las...Reuters
Thu, Feb 13
Forex
BRIEF-Nissan Keeps Fy2024/25 Global Retail Sales Forecast At 3.4 Million Vehicles
Feb 13 (Reuters) - Nissan Motor Co Ltd 7201.T:NISSAN KEEPS FY2024/25 GLOBAL RETAIL SALES FORECAST AT 3.4 MILLION VEHICLESNISSAN: SEE FY2024/25 N.AMERICA SALES OF 1.34 MILLION VEHICLES VERSUS 1.34 MILLION PREVIOUSLYNISSAN: SEE FY2024/25 CHINA SALES OF 697,000 VEHICLES VERSUS 690,000 PREVIOUSLYNISSAN:...Reuters
Thu, Feb 13
Cryptocurrencies
Bitcoin Holds Steady Amid Volatility As Altcoins And ERC20 Tokens Face Significant Sell Pressure – Details
Bitcoin has experienced a quiet weekend following the massive volatility it faced last week. The price closed around the $96,500 mark for five consecutive days and has ranged between $95K and $98K in the past hours, signaling a lack of clear direction in the short term.
Commodities
Thyssenkrupp CFO: no dual track process for submarine unit divestment
FRANKFURT, Feb 13 (Reuters) - Thyssenkrupp TKAG.DE is not running a dual track process for its warship division even though it has received significant interest from strategic suitors, the group's finance chief told journalists on Thursday.Jens Schulte, after presenting first-quarter results, sa...Reuters
Thu, Feb 13
Other
Putin-Trump phone call was 'deep and meaningful', Russia's foreign spy chief says
MOSCOW, Feb 13 (Reuters) - Russian President Vladimir Putin's phone call with his U.S. counterpart Donald Trump was "deep and meaningful", Moscow's foreign intelligence chief Sergei Naryshkin was quoted by the RIA state news agency as saying on Thursday.Trump and Putin spoke by phone...Reuters
Thu, Feb 13
Other
BRIEF-Outokumpu Not To Invest In Cold Rolling Capacity Expansion In US
Feb 13 (Reuters) - Outokumpu Oyj OUT1V.HE:OUTOKUMPU HAS DECIDED NOT TO INVEST IN COLD ROLLING CAPACITY EXPANSION IN THE U.S. AT THIS POINT OF TIMESAYS THAT GIVEN CURRENT UNPREDICTABLE MARKET ENVIRONMENT WITH SIGNIFICANTLY INCREASED IMPORTS IN THE RECENT YEARS, MAINLY FROM ASIA, THE FEASIBILITY STUDY...Reuters
Thu, Feb 13
Other
BRIEF-Eden Innovations Says Eden Real Estate LLC Executed Binding Variation Agreement
Feb 13 (Reuters) - Eden Innovations Ltd EDE.AX:EDEN REAL ESTATE LLC EXECUTED BINDING VARIATION AGREEMENT TO AMEND SALE & PURCHASE CONTRACTDEAL FOR US$5 MILLIONSALE AND PURCHASE CONTRACT TO SELL INDUSTRIAL PROPERTY LOCATED IN GEORGIA, USAFurther company coverage: EDE.AXReuters
Thu, Feb 13
