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US Health Department pauses, then resumes $5 billion in public health grants, Bloomberg News reports
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Friday, November 21
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SRN News
MAHA idealism meets political reality as RFK Jr. attempts to wrangle a growing movement
NEW YORK (AP) - Robert F. Kennedy Jr. spent a recent Wednesday showered in praise from the vice president and health technology CEOs at a glitzy "Make America Healthy Again" event in Washington, designed to celebrate the health secretary's ...
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EU can beat Trump’s tariffs with domestic trade, ECB’s Lagarde says
FRANKFURT (Reuters) -The European Union can offset the impact of U.S. trade tariffs if it knocks down some of its internal barriers, European Central Bank President Christine Lagarde said on Friday. Lagarde said the EU's export-oriented economic model has been ...
Friday, November 21
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European arms makers fall to lowest since September on Ukraine peace push
(Reuters) -European defence shares fell to their lowest levels since early September on Friday, after Ukrainian President Volodymyr Zelenskiy said he was ready for "honest" work on a U.S.-backed plan to end the war. An index of aerospace and defence ...
Friday, November 21
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Japan OKs $135 billion stimulus package to help revive its sluggish economy
TOKYO (AP) - Japan's Cabinet approved a 21.3 trillion yen ($135.4 billion) stimulus package Friday to help spur the economy through expansionary government spending and to relieve the impact of higher prices. After taking office last month, Prime Minister ...
Friday, November 21
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Ubisoft’s quarterly bookings beat guidance as Tencent deal helps cut debt
By Leo Marchandon (Reuters) -French video game group Ubisoft reported second-quarter net bookings that exceeded its guidance on Friday, and said the 1-billion-euro ($1.2 billion) investment from China's Tencent would enable it to reduce its debt pile. Quarterly bookings reached 490.8 ...
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SRN News
JP Morgan drops December rate-cut forecast on strong US jobs report
(Reuters) -J.P. Morgan mirrored Morgan Stanley in withdrawing its forecast for a 25-basis-point Federal Reserve rate cut in December following a stronger-than-expected US jobs report. In a note released late Thursday, the Wall Street brokerage said it still expects ...
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Friday, November 21
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SRN News
Droneshield rally unravels as executive share sales, governance issues spark brutal rout
By Shivangi Lahiri and Sameer Manekar (Reuters) -Shares of Australian drone technology firm Droneshield tumbled 8% on Friday, deepening a two-week rout as stake sales by top executives, a contract disclosure error, and the abrupt exit of its U.S. ...
Friday, November 21
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Morning Bid: Three-alarm fire as tech selloff resumes, Takaichi stimulus lands
A look at the day ahead in European and global markets from Gregor Stuart Hunter It turns out Nvidia's earnings could only smother the blaze on markets for so long. Stock markets are tumbling again after a renewed selloff in ...
Friday, November 21
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Japan premier’s advisers will speak at business event before BOJ meeting
TOKYO (Reuters) -Reflationist advisers of Japan's new prime minister Sanae Takaichi will speak on a panel hosted by Keidanren on December 17 on the new administration's strategy to strengthen the economy, the business lobby said on Friday. The event will ...
Friday, November 21
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SRN News
Google and US government battle over the future of internet advertising
Google will confront the U.S. government's latest attempt to topple its internet empire in federal court on Friday as a judge considers how to prevent the abusive tactics that culminated in parts of its digital ad network being branded ...
Friday, November 21
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SRN News
France’s Veolia to buy hazardous waste group Clean Earth for $3 billion
(Corrects paragraph 2 to say 10% growth is expected over the guidance period, not per year) (Reuters) -French water management, waste management and energy services group Veolia said on Friday it had agreed to buy U.S.-based hazardous waste company ...
Friday, November 21
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Analysis-Much-anticipated dollar hedging rush slows, for now
By Alun John and Naomi Rovnick LONDON (Reuters) -Just months after a U.S. tariff shock whacked the dollar, a rush by overseas investors to protect U.S. holdings from the sliding currency has slowed sharply - a vote of confidence that's ...
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