News
US banks could release $320 billion in capital with new draft rules, analysts say
2+ hour, 29+ min ago (317+ words) NEW YORK, April 8 (Reuters) " Big U. S. banks may be able to release up to $320 billion in capital under revised draft rules unveiled by regulators "last month, Morgan Stanley analysts estimated on Wednesday. Analysts led "by Morgan Stanley's Manan Gosalia wrote in…...
Volatility-linked funds put March US stock selling spree in the rearview mirror
2+ hour, 29+ min ago (493+ words) NEW YORK, April 8 (Reuters) " The heaviest stock selling by volatility-linked funds appears to have largely run its course last month, potentially setting up U. S. indexes for gains should market swings subside in coming weeks. The U. S. -Iran conflict and surging "oil prices…...
US bank profits to rise on deals, but Iran war fuels outlook uncertainty
1+ day, 2+ hour ago (646+ words) April 8 (Reuters) " Large U. S. banks are set to post higher quarterly earnings on strong interest income and investment banking fees, analyst estimates show, though investors will focus on forecasts as rising geopolitical risks involving Iran add to macroeconomic uncertainty. Goldman Sachs…...
Mexico Senate confirms North America diplomat Velasco as foreign minister
2+ hour, 29+ min ago (140+ words) MEXICO CITY, April 8 (Reuters) " Mexico's Senate confirmed Roberto Velasco, the "current undersecretary for North "America, to be the new foreign ministry, assuming the role at a pivotal moment for "regional "trade. President Claudia "Sheinbaum tapped Velasco "last week after former…...
Wall St set for higher open as US-Iran ceasefire lifts sentiment
2+ hour, 29+ min ago (566+ words) By Purvi Agarwal and Avinash P April 8 (Reuters) " Wall Street's main indexes were set for a strong open on Wednesday after the U. S. and Iran agreed to a two-week ceasefire, sending crude prices lower on expectations that energy supplies through the…...
EU welcomes US-Iran ceasefire, urges efforts to create lasting agreement
1+ day, 4+ hour ago (229+ words) BRUSSELS, April 8 (Reuters) " EU leaders on Wednesday welcomed the two-week ceasefire agreed by the United States and Iran. "I welcome "the two-week ceasefire the US and "Iran agreed last night. It brings much needed de-escalation, European Commission President Ursula von…...
Trump says US will work closely with Iran, discuss sanctions
2+ hour, 29+ min ago (711+ words) By Bo Erickson, Humeyra Pamuk and Doina Chiacu WASHINGTON, April 8 (Reuters) " The United States will work closely with Iran and the two countries are discussing tariff and sanctions relief, U. S. President Donald Trump said on Wednesday, following the announcement of a…...
Sport-Women's elite sports revenues to reach $3 billion in 2026, Deloitte says
2+ hour, 29+ min ago (223+ words) April 8 (Reuters) " Global revenues in women's elite sports will reach at least $3 billion for the first time in "2026, marking an increase of 25% "compared to last year, Deloitte said in a report on Wednesday. Women's elite sports generated $2. 4 billion worldwide last…...
Five Flying Dutchmen Earn National Football Foundation Honors
3+ hour, 55+ min ago (189+ words) WHTC Five Flying Dutchmen Earn National Football Foundation Honors IRVING, TX (WHTC-AM/FM, Apr. 9, 2026) " As Hope College prepares to honor its own student-athletes, five Flying Dutchmen are in line to receive a national accolade. On Wednesday, the National Football Foundation…...
China's Xi urges demand'driven growth in services sector
1+ day, 4+ hour ago (286+ words) BEIJING, April 8 (Reuters) " China's President Xi Jinping has called for a demand-driven approach coupled with reform and technological empowerment to develop the service "sector, the official Xinhua news agency reported on "Wednesday. China will expand and upgrade the services sector,…...