News
Important Only
European pharma stocks down after Trump moves to cut prices; Novo slumps 7%
** Shares in major European drugmakers slip on Monday after U.S. President Donald Trump said he would sign an executive order on reducing prescription drug and pharmaceutical prices** A basket of European healthcare stocks .SXDP falls 3.2%, the most on the STOXX 600 .STOXX index, which is up 1%** Sh...Reuters
Mon, May 12
Warren Buffett's Cash Pile at Berkshire Hathaway Just Hit a Record $348 Billion -- and That's Terrible News for Wall Street
Though important data releases aren't hard to come by on Wall Street, there's arguably not an event that captivates the attention of professional and everyday investors quite like Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) annual shareholder meeting.In the mid-1970s, Berkshire held its annual m...The Motley Fool
Mon, May 12
UK Stocks-Factors to watch on May 12
May 12 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.28%. * ALPHAWAVE: Alphawave IP Group AWE.L said the UK takeover panel had extended the deadline for a takeover offer by Qualcomm QCOM.O to May 27. * IG GROUP: IG Gr...Reuters
Mon, May 12
LIVE MARKETS-Before the bell: European futures rally, pharma down
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comBEFORE THE BELL: EUROPEAN FUTURES RALLY, PHARMA DOWNEuropean shares were set for a strong start on Monday, boosted by signs of progress...Reuters
Mon, May 12
Italy - Factors to watch on May 12
The following factors could affect Italian markets on Monday.Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*).For a complete list of diary events in Italy please click on IT/DIA.ECONOMY (*) The U.S. and China ended high-stakes trade t...Reuters
Mon, May 12
Aussie shares end flat as miners offset healthcare stocks, Trump comments hit pharma stocks
ASX 200 hits 2-month high during sessionHealthcare stocks hit lowest level since late AprilAustralian jobs data due later in the weekBy Shivangi Lahiri May 12 (Reuters) - Australian shares ended largely flat on Monday as gains in heavyweight miners offset losses in healthcare stocks after U....Reuters
Mon, May 12
European pharma stocks follow Asia peers down as Trump moves to cut prices
MILAN, May 12 (Reuters) - European drugmakers stocks fell in early trading on Monday after U.S. President Donald Trump said he would sign an executive order on reducing prescription drug and pharmaceutical prices.Frankfurt-listed shares in Novo Nordisk NOVOb.CO, AstraZeneca AZN.L, GSK GSK.L and Roch...Reuters
Mon, May 12
Take Five: The deal is on
LONDON, May 12 (Reuters) - As global growth worries deepen, the coming days could be defined by relief if further U.S. trade deals come through - with focus on China - or more pessimism if disappoint. U.S. President Donald Trump heads to the Middle East, Asian currencies are on the rise, and Germany...Reuters
Mon, May 12
LIVE MARKETS-The devil's in the lack of detail
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comTHE DEVIL'S IN THE LACK OF DETAIL A look at the day ahead in European and global markets from Wayne Cole.Take your...Reuters
Mon, May 12
GLOBAL MARKETS-Stocks, dollar up on US-China trade promise, detail needed
Asian stock markets : https://tmsnrt.rs/2zpUAr4China cites 'constructive' trade talks with USS&P 500 futures jump, China stocks edge higherDollar modestly firmer vs safe haven currenciesGold eases back, oil prices bounce By Wayne Cole SYDNEY, May 12 (Reuters) - Wall Street stock futur...Reuters
Mon, May 12
BREAKINGVIEWS-Private credit’s mass appeal creates new risks
By Neil UnmackLONDON, May 12 (Reuters Breakingviews) - Advocates for private credit like to tout a key advantage over banks: locked-up money. Depositors at old-school lenders can flee in a panic, as Silicon Valley Bank found in 2023, exposing a mismatch between flighty funding and hard-to-sell inves...Reuters
Mon, May 12
Australia's healthcare stocks drop as Trump plans executive order to cut prescription drug prices
** Australia's healthcare stocks .AXHJ down 1.1%** The sub-index down as much as 1.5%, its lowest level since April 28** "The weakness in healthcare is associated with rumours of drug price equalisation in the U.S., where they often pay a higher price than other markets," said Tim Bingha...Reuters
Mon, May 12
Indian pharma stocks fall as Trump moves to cut U.S. drug prices
May 12 (Reuters) - Indian pharma stocks .NIPHARM fell 1.6% on Monday, bucking broader market gains, after U.S. President Trump said he would cut drug prices by 30%–80% to match other wealthy nations.Trump said he would sign an executive order on Monday to pursue "most favored nation" pricin...Reuters
Mon, May 12
MORNING BID EUROPE-The devil's in the lack of detail
A look at the day ahead in European and global markets from Wayne Cole.Take your pick from "substantial progress", "constructive", "an important first step", "reached important consensus", "good news for the world", and easily the best: "As we say back in ...Reuters
Mon, May 12
Indian pharma index bucks broader market gains on US tariff fears
** India's pharma stocks .NIPHARM down ~2%, only laggard among 13 major sub-indexes; market .NSEI, .BSESN up 2.4%** U.S. President Donald Trump says will sign executive order to cut prescription prices to the level paid by other high-income countries, an amount he put at 30% to 80% less** Vishal...Reuters
Mon, May 12
Indian pharma stocks drop as Trump to sign executive order to cut prices of medicines
May 12 (Reuters) - Indian pharmaceutical stocks .NIPHARM shed 1.3% on Monday, even as the broader markets rose, after U.S. President Donald Trump said he would sign an executive order to cut prescription prices to the level paid by other high-income countries, an amount he put at 30% to 80% less.Eig...Reuters
Mon, May 12
ARK ART: Exclusive Live Coverage of Art Basel Hong Kong by Noah N+ ----A Cloud-Based Art Extravaganza
XIAMEN, China, May 12, 2025 /PRNewswire/ -- Noah Holdings (HKEX: 6686, NYSE: NOAH) is set to launch a special live broadcast program for Art Basel Hong Kong through its ARK ART platform. The professional team from Noah N+ Art Center will guide viewers through the art scene, offering an immersive exp...PR Newswire
Mon, May 12
Citi flags potential cash flow pressure for Australia's Transurban; stock down
** Transurban Group TCL.AX falls 0.8% to A$14.25** Toll operator announces plans to lay off ~300 positions** Citi sees the job cuts as continuation of co's cost control initiatives outlined in H1 FY25** Says job cuts should benefit free cash flow growth, dividend in FY26** Adds, "However, we...Reuters
Mon, May 12
GLOBAL MARKETS-Stocks, dollar up on US-China trade hope, details lacking
Asian stock markets : https://tmsnrt.rs/2zpUAr4China cites 'constructive' trade talks with USS&P 500 futures jump, China stocks edge higherDollar modestly firmer vs safe haven currenciesGold eases back, oil prices bounce By Wayne Cole SYDNEY, May 12 (Reuters) - Wall Street stock futur...Reuters
Mon, May 12
