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GLOBAL MARKETS-Global stocks rise after S&P correction while safe-haven gold touches record
Global stock index eyes biggest weekly loss since DecGold touches all-time high near $3,000 an ounceU.S. stocks rise after hitting correction German bond yields rise on prospects of fiscal deal Investors remain nervous over escalating global trade tensionsBy Sinéad Carew and Naomi Rovnick NEW YOR...Reuters
Mar 14, 2025
Stocks
Why Ulta Beauty Stock Popped Today
Shares of cosmetics retailer Ulta Beauty (NASDAQ: ULTA) popped on Friday after the company reported financial results for the fourth quarter of 2024. As of 11:45 a.m. ET, Ulta Beauty stock was up 13%.The year ended better than expectedYesterday, Ulta Beauty stock had dropped to its lowest price in n...The Motley Fool
Mar 14, 2025
Other
US IRS to re-evaluate modernization investments in light of AI technology
WASHINGTON, March 14 (Reuters) - The U.S. Internal Revenue Service is taking a "strategic pause" in its technology modernization investments to re-evaluate its operating approach in light of new artificial intelligence technologies, a senior IRS career technology official said on Friday.The ...Reuters
Mar 14, 2025
Cryptocurrencies
AML Bitcoin Creator Convicted Of Wire Fraud And Money Laundering
A federal jury has convicted Rowland Marcus Andrade, the creator of AML Bitcoin, on charges of wire fraud and money laundering. The verdict was delivered after a five-week trial in a case that exposed false claims about the cryptocurrency and its supposed technological capabilities. Andrade, 47, now...Bitcoinist
Mar 14, 2025
Other
Euro zone bond yields surge as Germany agrees historic spending overhaul
Euro zone bond yields jump as Germany agrees debt overhaulChanges imply much higher borrowing via bond marketsBy Harry Robertson LONDON, March 14 (Reuters) - Euro zone bond yields rose sharply on Friday after Germany's chancellor-in-waiting Friedrich Merz thrashed out a deal with the Green an...Reuters
Mar 14, 2025
Other
Rubio says cautiously optimistic over ending Russia's war in Ukraine
LA MALBAIE, Canada, March 14 (Reuters) - U.S. Secretary of State Marco Rubio said on Friday that there was reason to be "cautiously optimistic" over the efforts to end Russia's three year-war with Ukraine, although he added there was still work to be done."Suffice to say, I think the...Reuters
Mar 14, 2025
Other
Zelenskiy says ceasefire can be controlled with US help via satellites, intelligence help
KYIV, March 14 (Reuters) - Ukraine´s President Volodymyr Zelenskiy said on Friday that a ceasefire with Russia could be controlled with U.S. help via satellites and intelligence.He also said that the issue of territory was discussed during a meeting of Ukrainian and U.S. officials in the Saudi city ...Reuters
Mar 14, 2025
Other
SAP sued by tech company Celonis over business process software
By Mike Scarcella March 14 (Reuters) - German technology company Celonis has sued Europe's largest software maker SAP SAPG.DE in U.S. court for allegedly monopolizing part of the business software market. In a lawsuit filed on Thursday in federal court in San Francisco, California, business s...Reuters
Mar 14, 2025
Stocks
US STOCKS-Wall St climbs after steep declines as tariff concerns dampen sentiment
Indexes up: Dow 1.51%, S&P 500 1.92%, Nasdaq 2.37%Consumer sentiment at 57.9 in MarchTesla up on report it is planning lower-cost Model Y in ShanghaiBullion miners up as gold prices cross $3,000 markBy Johann M Cherian and Pranav Kashyap March 14 (Reuters) - U.S. equities staged a modest ...Reuters
Mar 14, 2025
Commodities
US coffee industry asks Trump administration to exempt product from tariffs
By Marcelo Teixeira and Seher Dareen NEW YORK, March 14 (Reuters) - The United States' National Coffee Association asked the Trump administration to exempt the product from any tariffs, saying the already adopted additional duties on Canada and Mexico could increase U.S. prices up to 50%.In a...Reuters
Mar 14, 2025
Commodities
World Nuclear Association Cross-Industry Group Of Large Energy Users Sign Pledge Supporting Goal Of At Least Tripling Global Nuclear Capacity By 2050 (March 12)
March 12 (Reuters) - WORLD NUCLEAR ASSOCIATION :WORLD NUCLEAR ASSOCIATION: CROSS-INDUSTRY GROUP OF LARGE ENERGY USERS SIGN PLEDGE SUPPORTING GOAL OF AT LEAST TRIPLING GLOBAL NUCLEAR CAPACITY BY 2050WORLD NUCLEAR ASSOCIATION: PLEDGE SIGNATORIES INCLUDE GOOGLE, AMAZON, META, DOW, OCCIDENTAL, ALLSEAS, ...Reuters
Mar 14, 2025
Commodities
Williams says it welcomes Trump's support for Constitution gas pipeline
WASHINGTON, March 14 (Reuters) - Williams Cos WMB.N said on Friday it appreciated U.S. President Donald Trump's support for its cancelled Constitution natural gas pipeline project through New York, and that it was interested in dusting off the project under the right circumstances.Trump had said...Reuters
Mar 14, 2025
Commodities
Canada resumes imports from biggest US pork plant run by Smithfield Foods
By Tom Polansek CHICAGO, March 14 (Reuters) - Canada has resumed imports from the biggest U.S. pork-processing plant, a Smithfield Foods SFD.O facility in Tar Heel, North Carolina, after suspending shipments for about a week, the company said on Friday.The halt temporarily limited a market for Am...Reuters
Mar 14, 2025
Cryptocurrencies
Just how exposed is the Middle East to current global trade tensions?
The Middle East is caught in the middle of a global trade war that is showing no signs of slowing down. The battle between the United States, China, and the European Union is throwing economies into uncertainty, hitting stock markets, and shaking up trade policies. Donald Trump is back in office, and his aggressive stance […]Cryptopolitan
Mar 14, 2025
Commodities
Bayer wins Brazil injunction in soy patent row with farmers
By Ana Mano SAO PAULO, March 14 (Reuters) - Germany's Bayer BAYGn.DE has won an injunction to suspend a court ruling that gave Brazilian soybean farmers the right to reimbursement for royalties paid for expired patents of genetically modified soy seeds, according to a farmer group and a state...Reuters
Mar 14, 2025
Other
Space weather threat underlines gaps in risk quantification, says WTW
By Rebecca DelaneyMarch 14 - (The Insurer) - With the current solar cycle scheduled to reach maximum activity in July this year, the latest Lloyd's systemic risk scenario on space weather risk is a timely reminder of the limited availability of non-damage business interruption covers for grey sw...Reuters
Mar 14, 2025
Stocks
LIVE MARKETS-With the market in rough seas, rebalancing may help keep your ship righted
Main US indexes higher, Nasdaq out front, up >2%Tech leads S&P 500 sectors gainers; Staples ~flatEuro STOXX 600 index up >1%Dollar edges down; gold flat; crude up; bitcoin up ~5%U.S. 10-Year Treasury yield rises to ~4.31% Welcome to the home for real-time coverage of markets brought to you...Reuters
Mar 14, 2025
Other
New industry-backed initiative looks to establish nature as an asset class
By Rebecca DelaneyMarch 14 - (The Insurer) - Flood Re, Howden and Zurich are among the founding members of ReFlood, an organisation committed to expanding the use of natural flood management (NFM) as a risk reduction tool and for environmental co-benefits.ReFlood was unveiled at Conduit's 'I...Reuters
Mar 14, 2025
Stocks
Centessa Pharma up after Leerink raises price target
** U.S.-listed shares of Centessa Pharmaceuticals 260y.F, CNTA.O rise 3.5% to $17.45** Brokerage Leerink raises PT to $36 from $24, reiterates "outperform" rating** CNTA shares offer tremendous upside potential because its orexin portfolio is targeting mega-blockbuster hypersomnia and excess...Reuters
Mar 14, 2025
Commodities
CERAWEEK-Alaska LNG project could start up within 4 years, says state governor
By Arathy SomasekharHOUSTON, March 14 (Reuters) - A project to export liquefied natural gas from Alaska could start up within four years, Alaska Governor Mike Dunleavy said on Friday.Alaska is talking to potential buyers in Taiwan, South Korea, Japan and Thailand, he told an energy conference in Hou...Reuters
Mar 14, 2025
