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Bayrou rams through France budget, but should survive no-confidence vote
No-confidence motion scheduled for Wednesday Bayrou has made concessions to the SocialistsFrench political turmoil began with snap electionRecasts with Bayrou ramming through the budget billBy Elizabeth Pineau and Michel Rose PARIS, Feb 3 (Reuters) - French Prime Minister Francois Bayrou rammed t...Reuters
Feb 3, 2025
Stocks
BUZZ-Uranium miners fall as Trump imposes tariffs
Updates** Shares of uranium companies fall as U.S. President Donald Trump orders sweeping tariffs on goods from Canada and China** Tariffs, which will take effect from Tuesday, include 25% levy on most goods from Canada, 10% on energy imports from Canada and 10% on Chinese imports** Canada is world&...Reuters
Feb 3, 2025
Other
Musk says USAID to be shut down in government cost-cutting drive
Corrects paragraph 8 to say the United States is the world's largest single donor.Musk says USAID 'beyond repair'USAID is the world's largest single donor, disbursed $72 billion in fiscal year 2023Aid covers women's health, clean water, HIV/AIDS, energy, anti-corruptionMusk says ...Reuters
Feb 3, 2025
Stocks
Why Bitcoin, Ethereum, and Dogecoin Crashed This Weekend
The crypto market was in tatters late Sunday night after traders realized there wouldn't be a tariff reprieve before global stock markets opened Monday morning. Bitcoin (CRYPTO: BTC) fell below $100,000 and looked like it could break $90,000 before bouncing a bit. As of 10:00 a.m. ET Monday, Bitcoin...The Motley Fool
Feb 3, 2025
Commodities
JBS to pay $83.5 million in latest beef price-fixing settlement
By Mike Scarcella Feb 3 (Reuters) - JBS JBSS3.SA has agreed to pay $83.5 million to settle antitrust claims that it conspired with other meat-packing companies to curb supply in the U.S. beef market to artificially inflate prices.Ranchers and other plaintiffs disclosed their proposed settlement w...Reuters
Feb 3, 2025
Stocks
CANADA STOCKS-TSX falls as Trump tariffs unnerve investors
Updates with market opening pricesBy Ragini Mathur Feb 3 (Reuters) - Canada's main stock index fell sharply on Monday as investors dumped risky assets after U.S. President Donald Trump's tariffs on Canada.The S&P/TSX composite index .GSPTSE was down 1% at 25,263.92. Wall Street's ...Reuters
Feb 3, 2025
Stocks
Becton Dickinson looks to divest life sciences unit at $30 billion valuation, source says
Corrects sales of life sciences unit in paragraph 12 to $5.19 billion from $5.12 billion Feb 3 (Reuters) - U.S. medical device maker Becton Dickinson BDX.N is considering a potential separation of its life sciences unit at a valuation of about $30 billion, a person familiar with the matter said o...Reuters
Feb 3, 2025
Forex
BUZZ-COMMENT-Downside risks grow for EUR/USD after tariff ructions
Feb 3 (Reuters) - EUR/USD struck a 27-month low Monday and a deeper fall is possible as tariff risks remain and economic divergence between the U.S. and euro zone persists. January euro zone PMI showed signs of stabilization by coming in above estimate, but the results indicated the economic zone...Reuters
Feb 3, 2025
Other
BRIEF-Toyota Motor North America Announces January 2025 U.S. Total Sales
Feb 3 (Reuters) - Toyota Motor North America:TOYOTA MOTOR NORTH AMERICA: JANUARY 2025 U.S. ELECTRIFIED SALES TOTALED 84,720 VEHICLESTOYOTA MOTOR NORTH AMERICA: JAN 2025 U.S. SALES OF 163,585 VEHICLES, DOWN 1.3% ON A VOLUME BASISSource text: [ID:]Further company coverage: 7203.TReuters
Feb 3, 2025
Other
BRIEF-CenterSquare Announces $100 Million Co-Investment Vehicle With Temasek
Feb 3 (Reuters) - CenterSquare:CENTERSQUARE ANNOUNCES $100 MILLION CO-INVESTMENT VEHICLE WITH TEMASEKCENTERSQUARE: ONCE FULLY FUNDED, COMMERCIAL REAL ESTATE DEBT CO-INVESTMENT VEHICLE CREATED ALONGSIDE TEMASEK ,WILL HAVE $200 MILLION TO DEPLOYSource text: ID:nPn9T2270aReuters
Feb 3, 2025
Stocks
Why Triumph Group Stock Is Surging Higher Today
Aerospace component manufacturer Triumph Group (NYSE: TGI) has agreed to be acquired by private equity at a substantial premium to Friday's closing price.The stock is jumping as a result, with shares up 35% as of 10:15 a.m. ET.Start Your Mornings Smarter! Wake up with Breakfast news in your inbox ev...The Motley Fool
Feb 3, 2025
Commodities
European EV group calls on EU to stick to 2025 CO2 targets
By Nick Carey LONDON, Feb 3 (Reuters) - The EU should stick to 2025 CO2 emission rules and roll out incentives to buy EVs rather than waive fines for automakers that miss targets, a European industry group representing automakers, battery makers and charging firms said on Monday.E-Mobility Europe...Reuters
Feb 3, 2025
Other
FEATURE-As climate costs mount, U.S. communities look to the courts
11 U.S. states, dozens of cities and counties file lawsuitsLawsuits seek payment for climate actionSupreme Court declined to review key caseBy Carey L BironWASHINGTON, Feb 3 (Thomson Reuters Foundation) - As floods wash away roads and bridges, high temperatures buckle train rails and wildfires wipe ...Reuters
Feb 3, 2025
Forex
BUZZ-COMMENT-Tariff risks, expected BoE rate cut keep sterling under pressure
Sterling is likely to remain under pressure ahead of Thursday's widely expected BoE rate cut even after trimming losses on Monday caused by market reaction to U.S. tariffs.Though the tariffs announced by U.S. President Donald Trump were aimed at Canada, Mexico and China, the prospect of a hit to...Reuters
Feb 3, 2025
Other
Treasury chief to oversee US consumer finance watchdog agency, CFPB says
WASHINGTON, Feb 3 (Reuters) - U.S. Treasury Secretary Scott Bessent will also serve as acting director of the Consumer Financial Protection Bureau, the agency said in a statement on Monday.The move comes after U.S. President Donald Trump over the weekend fired the Rohit Chopra, who had been leading ...Reuters
Feb 3, 2025
Other
RT Specialty adds Philadelphia's Mack as environment and construction liability consultant
By Isha MaratheFeb 3 - (The Insurer) - RT Specialty has hired Steve Mack, former senior specialty broker at Philadelphia Insurance Companies, as a broker and consultant in its environment and construction liability practice. Mack has over 20 years of experience in the environment and regulation spa...Reuters
Feb 3, 2025
Forex
South African rand sharply pares losses as US delays Mexico tariffs
NEW YORK, Feb 3 (Reuters) - The South African rand ZAR= sharply pared losses against the U.S. dollar on Monday after Mexico's president said the announced U.S. tariffs on Mexico were delayed by a month.The rand, down more than 2% at its session low, rebounded to trade 0.3% lower on the day at 18...Reuters
Feb 3, 2025
Other
Doyle: Wildfire conversation should be about building resilience not subsidising insurance
By David BullFeb 3 - (The Insurer) - Marsh McLennan president and CEO John Doyle has stressed that the focus in the aftermath of the California wildfires should be on efforts to “build back with greater resilience”, rather than how to support the state’s Fair Plan or create subsidies for insurance.D...Reuters
Feb 3, 2025
