News
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Trump says India to continue paying 'massive' tariffs if Russian oil purchase not restricted
ABOARD AIR FORCE ONE, Oct 19 (Reuters) - U.S. President Donald Trump reiterated on Sunday that Prime Minister Narendra Modi told him India will restrict its Russian oil purchases, with the American leader saying New Delhi will continue paying "massive" tariffs if they did not do so.Reuters
Mon, Oct 20
Ray-Ban maker shares hits all-time high as investors bet on Meta AI glasses boom
EssilorLuxottica's shares rise 13.8% after strong Q3 salesAI-powered glasses boost sales, prompt production increaseAnalysts see smart glasses as major innovationBy Gianluca Lo Nostro and Elisa Anzolin Oct 17 (Reuters) - Shares in Ray-Ban maker EssilorLuxottica ESLX.PA rose 14% to hit an ...Reuters
Fri, Oct 17
Bund yields set for biggest weekly drop since March amid trade, US banking jitters
Oct 17 (reuters) - Euro zone benchmark Bund yields were on track for their biggest weekly drop since late March on Friday, as persistent U.S.-China trade tensions and signs of credit stress in the U.S. banking sector drove investors into safe-haven assets.Reuters
Fri, Oct 17
Gold tops $4,300, set for biggest weekly surge since 2008
Oct 17 (Reuters) - Gold surged past $4,300 an ounce on Friday, headed for its biggest weekly gain since December 2008, as geopolitical and economic uncertainty along with growing U.S. rate cut bets drove investors to the safe-haven metal.
Reuters
Fri, Oct 17
Meta Breaks Ground on New AI Infrastructure Financing Model — $30 Billion Deal Sets Scale Record
TradingKey - The AI compute race is now pushing innovation in financing structures. Meta Platforms (META.US), led by Mark Zuckerberg, has finalized nearly $30 billion in financing for the construction of its “Hyperion Data Center” in Louisiana — one of the largest private capital deals in history.
TradingKey
Fri, Oct 17
Lilly, Novo Nordisk Shares Plummet as Trump Announces Price Cut to Ozempic
TradingKey - On Thursday, October 16, shares of Eli Lilly and Novo Nordisk fell sharply in after-hours trading after President Donald Trump announced a significant price reduction for the diabetes drug Ozempic. As of the time of writing, Eli Lilly (LLY) was down more than 5%, and Novo Nordisk (NVO)
TradingKey
Fri, Oct 17
Are European Stocks Peaking? SocGen,Citi Turn Bearish on Q4, U.S. Regional Bank Crisis Adds New Risk
TradingKey - A series of bad loan incidents in the U.S. are catalyzing a credit crisis in the banking sector, and these concerns are now spreading to Europe’s top-performing bank stocks this year. The worry comes at a time when institutions like Citi and Société Générale are turning cautious on
TradingKey
Fri, Oct 17
TSMC’s Reported 50% Price Hike for 2nm Chips Threatens to Drive Key Clients Like Qualcomm to Samsung
TradingKey - According to reports, global semiconductor foundry giant Taiwan Semiconductor Manufacturing Company (TSMC) plans to significantly increase prices for its upcoming 2-nanometer (2nm) chip manufacturing process, with potential hikes as high as 50%.
TradingKey
Fri, Oct 17
China, HK stocks post worst week since April as trade concerns weigh
Stocks in China and Hong Kong fell on Friday, capping their steepest weekly drop since early April, as investor caution over trade uncertainties and profit-taking from artificial intelligence shares dampened sentiment ahead of a leadership conclave in Beijing next week.Reuters
Fri, Oct 17
In China, global companies struggle as home-grown brands steal thunder
For many companies, business in China has changed for the long term as a fragile economy and sluggish consumer demand are forcing executives to rethink their brand strategy and compete with rising home-grown rivals.Reuters
Fri, Oct 17
