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Economy

ECB’s Villeroy: Trump policies impact on euro inflation to be limited

PARIS (Reuters) – The new Trump administration’s economic policies in the U.S. may have a “relatively limited” effect on European inflation but…
Economy

What Scott Bessent’s Treasury nomination could mean for the economy, tariffs

Investing.com — President-elect Donald Trump announced on Friday that he will nominate Scott Bessent, a prominent investor, as the next US Treasury…
Economy

Russian rouble at 32-month low, a boon for exporters, minister says

MOSCOW (Reuters) – The Russian rouble continued to slide, dropping to its lowest since March 2022 against both the dollar and the…
Stock

Exxon executive highlights focus on capital discipline over production surge

Exxon Mobil (NYSE:XOM)’s senior executive Liam Mallon addressed the Energy Intelligence Forum conference in London on Tuesday, indicating that U.S. oil and…
Stock

Roche set to acquire Poseida Therapeutics for up to $1.5 billion

In a move within the biopharmaceutical industry, Roche has announced a definitive merger agreement to acquire Poseida Therapeutics. Poseida is known for…
Stock

Obesity stocks gain on Biden’s Medicare proposal

Investing.com — The Biden administration has proposed a new rule requiring Medicare and Medicaid to cover weight loss medications for patients treating…
Stock

Exclusive-Japan PM Ishiba urges Biden to approve Nippon-US Steel deal, sources say

By Tim Kelly, David Dolan and Aishwarya Jain TOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba has sent a letter to President Joe…
Stock

Morning Bid: Trump tariff threat jolts Canadian dollar, peso, yuan

A look at the day ahead in U.S. and global markets from Mike Dolan Any speculation that U.S. President-elect Donald Trump would…
Investing

‘Wicked’ tallies $19M in previews, as ‘Gladiator II’ team-up heads for $200M opening weekend

The box office this weekend will be painted pink and green, with a splash of red. Universal’s “Wicked” and Paramount’s “Gladiator II” arrive ahead of…
Economy

US 10-year yields drop to 2-week low as bonds rally on Bessent pick

By Stefano Rebaudo and Tom Westbrook (Reuters) – U.S. Treasuries rallied on Monday as investors cheered the selection of Scott Bessent as…
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