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Europe to review safety data for Eisai-Biogen Alzheimer's drug
Adds Eisai's statement in paragraphs 6 and 7By Bhanvi Satija Jan 31 (Reuters) - The European medicines regulator said on Friday it will review safety information for Eisai 4523.T and Biogen's BIIB.O Leqembi, nearly three months after it recommended approval for the drug to treat some pati...Reuters
Jan 31, 2025
Economic Indicator
Fed's Goolsbee says he likes inflation data, but cites policy uncertainties
Jan 31 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee said Friday's inflation data was a bit better than expected and helps give him comfort that inflation is on path to 2%, adding that he still expects the Fed's policy rate to be "a fair bit" lower in 12 to 18 mo...Reuters
Jan 31, 2025
Stocks
BUZZ-LATAM Airlines gains altitude on record annual results
** Shares in Latin America's largest airline, carrier LATAM LTM.SN, climb 2% around mid-day in Santiago after reporting record annual results** Net income in the fourth quarter more than tripled to $272 million, from revenues which ticked up some 4%** "LATAM continues to show best-in-class f...Reuters
Jan 31, 2025
Stocks
BUZZ-Phillips 66 shares fall after lower Q4 profit
Updates** Refiner Phillips 66's PSX.N shares down 2.3% at 118** On an adjusted basis, company reports Q4 loss of 15 cents/shr vs estimated loss of 23 cents/shr - LSEG data* On a reported basis, profit drops to $8 mln vs $1.26 bln due to lower refining margin and weak demand for refined products*...Reuters
Jan 31, 2025
Stocks
BUZZ-Franklin Resources up after Q1 result beat
** Shares of investment manager Franklin Resources BEN.N up 2.09% at $20.57** Company reports adj. EPS of 59 cents, above analysts' estimates of 53 cents, according to data compiled by LSEG** Co also reports revenue of $2,251.6 mln, above analysts' estimates of $1,739 mln ** Long-term inflow...Reuters
Jan 31, 2025
Commodities
China's COFCO says it is committed to Brazil soy-buying moratorium
Corrects paragraph 7 to say STS11 is COFCO's, not China's biggest port exporting facility in the worldBy Ana Mano SAO, Jan 31 (Reuters) - Chinese state-owned grain trader COFCO is committed to Brazil's soy-buying moratorium, Allan Virtanen, the company's global director of communi...Reuters
Jan 31, 2025
Other
CANADA RESEARCH ROUNDUP-Canadian National Railway, HLS Therapeutics, Rogers Communications
Jan 31 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Canadian National Railway, HLS Therapeutics and Rogers Communications, on Friday. HIGHLIGHTS * Canadian National Railway Co CNR.TO: JP Morgan cuts target price to C$174 from C$1...Reuters
Jan 31, 2025
Stocks
South African rand weaker as markets brace for Trump tariffs
Updates prices as of 1447 GMT JOHANNESBURG, Jan 31 (Reuters) - South Africa's rand weakened on Friday against a buoyant dollar as markets awaited U.S. President Donald Trump's tariff deadline for Canada and Mexico.At 1447 GMT, the rand traded at 18.6350 against the dollar ZAR=D3, about 0....Reuters
Jan 31, 2025
Stocks
BUZZ-Exxon reverses course as oil prices decline
Updates** Shares of US oil major Exxon Mobil XOM.N pare gains, now down ~1.6% to $107.84 in morning trade amid lower oil price environment** Oil prices also lower, with Brent crude futures LCOc1 down 0.4% and U.S. West Texas Intermediate (WTI) crude CLc1 down ~1% ** Exxon beats Q4 profit estimates o...Reuters
Jan 31, 2025
Commodities
Thyssenkrupp says Kretinsky's 20% holding in steel unit is reversible
DUESSELDORF, Jan 31 (Reuters) - Thyssenkrupp's TKAG.DE CEO said on Friday that the purchase of 20% in the German industrial group's steel business by a holding of Czech billionaire Daniel Kretinsky can be reversed if talks over a deeper collaboration fail.Speaking at ThyssenKrupp's annua...Reuters
Jan 31, 2025
Economic Indicator
Bowman: Inflation risks to the upside, further rate cuts should be gradual, cautious
Says rates now in a good place to wait and assess Trump policiesWide range of things, from wages to geopolitics, could slow inflation progressCurrent outlook is for inflation to improve, eventual cutsAdds PCE, ECI data in paragraphs 4-7By Howard SchneiderWASHINGTON, Jan 31 (Reuters) - Federal Reserv...Reuters
Jan 31, 2025
Other
ADVISORY-Alert on Telephone and Data Systems' potential breaches of fiduciary duties from a law firm withdrawn
Jan 31 (Reuters) - An alert on Telephone and Data Systems' TDS.N potential breaches of fiduciary duties was inadvertently published from a law firm's release and has been withdrawn.There will be no substitute.STORY_NUMBER:TUA1H0HQPSTORY_DATE:31/01/2025STORY_TIME:[03:07:02 GMT]Reuters
Jan 31, 2025
Stocks
BUZZ-Energy firms fall on lower oil prices
** S&P 500 energy index .SPNY falls ~2% as oil prices dip** Brent crude futures LCOc1 down 0.4% at $76.59 a barrel; U.S. West Texas Intermediate (WTI) crude CLc1 falls ~0.9% to $72.08 a barrel ** U.S. oil majors Chevron CVX.N and Exxon XOM.N report results, with CVX missing Wall Stree...Reuters
Jan 31, 2025
Stocks
BUZZ-Chevron falls after Q4 earnings miss
Updates** Shares of oil major Chevron CVX.N fall 4.5% to $149.32** Oil prices also fall, with Brent crude futures LCOc1 down 0.4% and U.S. West Texas Intermediate (WTI) crude CLc1 ~1%** Company posts Q4 adjusted profit of $2.06 per share vs. est. of $2.11 per share - data compiled by LSEG** CVX'...Reuters
Jan 31, 2025
Economic Indicator
Brazil's gross debt rises less than expected in 2024, aided by foreign reserves sale
Adds comment from official in paragraph 5, updates FX in paragraph 7By Marcela Ayres BRASILIA, Jan 31 (Reuters) - Brazil's gross debt rose less than expected in 2024, supported by the central bank's sale of foreign reserves in December, a month marked by intense exchange rate volatility a...Reuters
Jan 31, 2025
Commodities
Aviva to fund offshore wind risk management framework project
By Rebecca DelaneyJan 31 - (The Insurer) - UK insurer Aviva has partnered with the Supergen Offshore Renewable (ORE) Hub to fund a four-year PhD project at the University of Exeter to develop a risk management framework for offshore wind insurance programmes.The research is focused on offshore wind ...Reuters
Jan 31, 2025
Stocks
US STOCKS-Wall St advances on Apple gains, in-line inflation reading
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.Chevron falls after missing Q4 results estimatesAtlassian jumps after upbeat Q3 revenue forecast December PCE price index data at 2.6% YoYIndexes up: Dow 0.26%, S&P 500 0.43%, Nasdaq 0.82%U...Reuters
Jan 31, 2025
Stocks
Apple rises as rosy forecast lifts hopes for iPhone rebound
Updates shares, rewrites throughout Jan 31 (Reuters) - Apple shares rose 2% on Friday after a rosy forecast fuelled hopes of an iPhone sales rebound, even as tough competition and a lack of AI features weigh on demand in key market China.Already the world's most valuable company, Apple AAPL.O...Reuters
Jan 31, 2025
