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Trump attack on South Africa exposes divisions over race and land
Trump says will cut South Africa aid over land reformRamaphosa: 'The government has not confiscated any land'Echoed by Musk, Trump attack draws polarised responseLand reform a charged issue due to legacy of apartheidRecasts with new quotes and details throughoutBy Bhargav Acharya and Alexand...Reuters
Feb 3, 2025
Commodities
US metal buyers likely to turn to Mideast, Chile as tariffs bite
Canada accounted for over 50% of U.S. aluminium imports in 2023Producers include Alcoa and Rio Tinto Canada and Mexico also key silver, copper suppliersUAE, Bahrain, Peru and Chile seen as possible alternative suppliersUpdates Midwest aluminium premiumBy Melanie Burton MELBOURNE, Feb 3 (Reuters) ...Reuters
Feb 3, 2025
Stocks
BUZZ-US regional banks slides after Trump unveils tariffs
** Shares of U.S. regional banks slide in premarket trading after President Donald Trump announces tariffs on goods from Canada, Mexico and China, raising fears of inflation** Shares of Regions Financial RF.N fall 2.3%, Fifth Third Bancorp FITB.O down 2.3%, Banc of California BANC.N slip 4.8%, Comer...Reuters
Feb 3, 2025
Stocks
Julius Baer stock has worst day in a decade as results disappoint
Julius Baer shares fall more than 13% after worse than expected 2024 pretax profitBank to cut 400 jobs, mostly non-client facing rolesWealth manager will also cut executive board to 5 membersMeasures are part of a shake-up under new CEO BollingerUpdates bullets, share price reaction in paragraphs 1 ...Reuters
Feb 3, 2025
Economic Indicator
China: CPI inflation likely picked up seasonally – Standard Chartered
China’s official manufacturing PMI dropped to 49.1 in January from 50.1 in February, entering contractionary territory again since October. The official survey suggests a broad-based m/m decline in demand and production activity.Fxstreet
Feb 3, 2025
Other
White House says Canada has 'misunderstood' tariff order as a trade war, Mexico is 'serious'
Adds comments from Hassett, changes story identifier for some readers from USA-TRADE/WHITE HOUSEBy Nandita Bose, Susan Heavey WASHINGTON, Feb 3 (Reuters) - The White House said on Monday it has noticed that Mexico is "serious" about President Donald Trump's executive order on tariffs,...Reuters
Feb 3, 2025
Economic Indicator
Canada expected to divert aluminium to Europe after US tariffs
By Pratima DesaiLONDON, Feb 3 (Reuters) - The cost of aluminium for consumers in Europe buying on the physical market has dropped due to expectations that Canadian shipments under U.S. tariffs from Tuesday will be diverted, physical market traders said.U.S. President Donald Trump has imposed 25% tar...Reuters
Feb 3, 2025
Stocks
BUZZ-US toymakers fall on Trump trade tariff exposure concerns
** Shares of toy manufacturers Mattel MAT.O and Hasbro HAS.O slip in premarket trading on potential exposure to recent trade tariffs** On Sunday, President Donald Trump imposed sweeping levies on Mexico, Canada and China that will affect billions of dollars of trade** Barbie parent MAT and Funko FNK...Reuters
Feb 3, 2025
Other
Baxter CEO José Almeida to retire after near decade-long tenure
Adds analyst comment in paragraph 4 and 5, graphic and background throughout Feb 3 (Reuters) - Medical products maker Baxter International BAX.N said on Monday its CEO José Almeida will retire effective immediately, after nearly a decade as the company's top boss. Almeida's retirement com...Reuters
Feb 3, 2025
Other
Cboe plans to extend equities trading to 24 hours amid global demand
Feb 3 (Reuters) - Cboe Global Markets CBOE.N on Monday announced plans to expand U.S. equities trading to a 24-hour, five-days-a-week format to meet the global demand for the country's stock market. The plan seeks to enable trading, which will only break on the weekends, on its Cboe EDGX Equitie...Reuters
Feb 3, 2025
Other
Trump says he will speak with Trudeau again at 3 p.m. ET
WASHINGTON, Feb 3 (Reuters) - U.S. President Donald Trump said on Monday he spoke with Canadian Prime Minister Justin Trudeau as both countries prepare to impose new tariffs on each other's imports. Trump said he will speak with Trudeau again at 3 p.m. ET (2000 GMT). Trump cited Canadian banking...Reuters
Feb 3, 2025
Commodities
India's Premier Energies pauses U.S. solar cell facility plans amid policy uncertainty
By Sethuraman N R Feb 3 (Reuters) - Indian solar modules maker Premier Energies PEME.NS on Monday said it will put its plan on hold to build a 1 gigawatt (GW) solar cell manufacturing facility in the U.S., after newly-elected President Trump ordered a pause on Biden-era green policies.Premier and...Reuters
Feb 3, 2025
Stocks
Prediction: This Top Growth Stock Will Outperform the Market in the Next Decade
Medical device specialist DexCom (NASDAQ: DXCM) has substantially underperformed the market over the trailing-12-month period. The diabetes-focused company disappointed investors last year due to unimpressive financial results, especially in the second and third quarters.However, despite its recent ...The Motley Fool
Feb 3, 2025
Other
DIARY-Political and General News Events from February 3
Feb 3 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ----------...Reuters
Feb 3, 2025
Commodities
BRIEF-Barry Callebaut Spokesperson On Tariffs - Assessing How These Changes May Affect Our Operations In Upcoming Days
Feb 3 (Reuters) - BARRY CALLEBAUT AG BARN.S:BARRY CALLEBAUT SPOKESPERSON ON TARIFFS - WORKING WITH INDUSTRY GROUPS, INCLUDING THE NATIONAL CONFECTIONERS ASSOCIATION, TO ADVOCATE FOR EXEMPTIONS ON ESSENTIAL INGREDIENTS CRITICAL TO THE FOOD INDUSTRY’S STABILITYBARRY CALLEBAUT SPOKESPERSON ON TARIFFS...Reuters
Feb 3, 2025
Stocks
Get Ready for the Next Great Space Stock IPO
Private space stations are coming, and at long last, it looks like investors are going to get a chance to invest directly in one of the companies leading this movement.It's been less than four years since Amazon founder Jeff Bezos dropped his big bombshell on the space industry. Announcing the creat...The Motley Fool
Feb 3, 2025
Stocks
BUZZ-U.S. STOCKS ON THE MOVE-Becton Dickinson, Tyson Foods, IDEXX Lab
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street was set to drop at the open on Monday as fears of a full-blown trade war and its impact on the global economy jolted markets aroun...Reuters
Feb 3, 2025
