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Ukrainian army draft officer fatally stabbed on duty
KYIV, April 2 (Reuters) - A Ukrainian military draft officer was fatally stabbed in the neck on Thursday while on duty in the western city of Lviv, authorities said, reflecting tension over mobilisation in Kyiv's war effort. Ukraine faces a manpower shortage as it fends off Russia's bigger a...Reuters
7 hours ago
Other
Wall Street sees multi-billion dollar debut for Lilly's obesity pill despite Novo lead
By Mrinalika Roy April 2 (Reuters) - Eli Lilly's LLY.N newly approved weight-loss pill is expected to generate billions in sales as soon as this year, with analysts betting it will quickly narrow Novo Nordisk's NOVOb.CO head start in the oral market.Brokerages estimate 2026 sales of $1.5 ...Reuters
7 hours ago
Stocks
US energy stocks rise after Trump says attacks on Iran will continue
S&P 500 energy index .SPNY up 2%, tracking rise in crude prices O/RBrent crude futures LCOc1 up 7.9% at $109.12/barrel and U.S. West Texas Intermediate crude CLc1 futures rise 12.5% to $112.60/barrelOil prices rise after President Donald Trump said the U.S. would continue attacks on Iran, stoki...Reuters
7 hours ago
Commodities
China's actions against Panama-flagged vessels raise concerns, Rubio says
WASHINGTON, April 2 (Reuters) - China's recent actions against Panama-flagged vessels "raise serious concerns about the use of economic tools to undermine the rule of law in Panama," U.S. Secretary of State Marco Rubio said on Thursday.Reuters
7 hours ago
Commodities
Citi projects Brent at $95/bbl in base case and $130/bbl in bull case for second quarter
April 2 (Reuters) - Citi said that for the second quarter of this year it sees Brent crude prices averaging $95 a barrel in the base case and $130 a barrel in the bull case. Brent crude futures LCOc1 climbed to around $110 a barrel on Thursday after President Donald Trump said the U.S. would continu...Reuters
7 hours ago
Economic Indicator
Canada's February trade deficit surges to a six-month high on gold imports
Proportion of exports to US hits record lowTrade deficit in February was at C$5.74 billion Imports surged by 8.4% while exports rose by 6.4%By Promit MukherjeeOTTAWA, April 2 (Reuters) - Canada's merchandise trade deficit came in much wider than expected in February, data showed on Thursday, as ...Reuters
7 hours ago
Stocks
Netflix Is Raising Subscription Prices Yet Again. Is the Stock a Buy?
Key PointsNetflix's lowest tier, which is ad-supported, will increase by $1 per month.The streamer's standard and premium subscriptions will each increase by $2 per month.It plans to spend an ambitious $20 billion on content spending this year, and just walked away from an attempted acquisition of c...The Motley Fool
7 hours ago
Stocks
Ford falls as Q1 US auto sales drop
Shares of Ford F.N fall nearly 2.5% to about $11.40 in morning trading Co reports a near 9% drop in first-quarter U.S. salesHigher borrowing costs, expensive prices and no federal tax credits for electric vehicles have reduced demand for new cars in the U.S The Detroit automaker's peers incl...Reuters
7 hours ago
Other
Nigeria plans $5 billion total return swap with UAE lender
LONDON/ABUJA, April 2 (Reuters) - Nigeria plans to borrow up to $5 billion through a derivatives agreement with First Abi Dhabi Bank, the government said this week, as the war in Iran keeps the costs of traditional debt issuance elevated.While Nigeria is shielded from the worst impact of the Ira...Reuters
7 hours ago
Other
Alts sink after Blue Owl limits withdrawals at two private credit funds
Shares of Blue Owl OWL.N hit record low, sliding 8.4% to $7.98 after the private credit firm limits withdrawals at two of its retail-focused funds Peers Apollo Global APO.N down 4.4%, KKR KKR.N falls 4.4%, Blackstone BX.N slides 4.2%, Carlyle Group CG.O down 3.8%Investors requested to redeem 40.7% o...Reuters
7 hours ago
Stocks
Copper miners drop as red metal slips on fading hopes of quick end to Iran war
Shares of copper miners fall, tracking lower prices of the red metal MET/LBenchmark three-month copper CMCU3 on London Metal Exchange down 1.6% at $12,235.50 per metric tonCopper prices fall for the first time in five sessions on renewed investor concerns over economic growth after U.S. President Do...Reuters
7 hours ago
Stocks
Here's Why UPS Shares Declined by 15% in March
Key PointsHigher fuel costs could increase UPS's third-party transportation costs. Trade route disruptions could pressure margins.10 stocks we like better than United Parcel Service › UPS (NYSE: UPS) shares declined by 15.2% in March, according to data from S&P Global Market Intelligence. While the ...The Motley Fool
7 hours ago
Stocks
Immunovant's treatment for eye disease fails in late-stage trials
By Sneha S K April 2 (Reuters) - Immunovant IMVT.O said on Thursday that its therapy failed to reduce eye bulging when tested in patients with moderate-to-severe thyroid eye disease in two late-stage studies.Shares of the company were down 4.8% at $23.89.The results do not support further progres...Reuters
7 hours ago
Commodities
Oil: War escalation risks keep prices elevated – ING
ING analysts Ewa Manthey and Warren Patterson note that Oil prices rebounded strongly, with Brent above $107/bbl and WTI near $106/bbl, after US President Donald Trump threatened a further escalation of the conflict with Iran.Fxstreet
7 hours ago
Stocks
Immunovant falls as drug for thyroid eye disease fails late-stage trials
Shares of biotech firm Immunovant IMVT.O fall 5.6% to $23.69 Co says its experimental drug, batoclimab, failed two late-stage trials Adds trials to test the drug for thyroid eye disease — an autoimmune condition that causes eye bulging and vision problems — missed main goalsSays studies showed not e...Reuters
7 hours ago
Stocks
Sleep Number stock extends slump as co reportedly seeks rescue loan
Shares of mattress seller Sleep Number SNBR.O falling for 12th straight session and down 27% at $1.25 on Fri as co reportedly seeking rescue loanSNBR stock, sitting at about 17-yr low, has shed >80% YTDSNBR seeking rescue financing to stave off other options including a potential bankruptcy, Bloo...Reuters
7 hours ago
Stocks
Buy These 3 AI Infrastructure Stocks Before the Next Leg Up
Key PointsDell's AI server backlog is piling up, yet the stock trades at just 14 times forward earnings estimates.GPU-cloud demand is leading to more valuable contracts for Nebius Group.Adequate cooling is essential in data centers, providing a huge growth opportunity for Vertiv.10 stocks we like be...The Motley Fool
7 hours ago
Economic Indicator
Africa faces sharper growth slowdown if Middle East conflict drags on, report warns
Prolonged Middle East war disrupts trade, energy flowsFood, fuel costs risk triggering continent-wide living crisisHigher prices aid some exporters, strain importersBy Ahmed EljechtimiTANGIER, Morocco, April 2 (Reuters) - African economies face the risk of a sharper growth slowdown this year if the ...Reuters
7 hours ago
