News
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BRIEF-Blackstone Life Sciences And Anthos Therapeutics Announce Agreement For Anthos To Be Acquired By Novartis For Up To $3.1 Billion
Feb 11 (Reuters) - BLACKSTONE LIFE SCIENCES AND ANTHOS THERAPEUTICS ANNOUNCE AGREEMENT FOR ANTHOS TO BE ACQUIRED BY NOVARTIS FOR UP TO $3.1 BILLIONBLACKSTONE INC - ANTHOS SHAREHOLDERS TO RECEIVE $925 MILLION UPFRONTBLACKSTONE INC - TRANSACTION EXPECTED TO COMPLETE IN FIRST HALF OF 2025Source text: I...Reuters
Feb 11, 2025
Commodities
South Korea trade minister says Trump tariffs would reduce companies' profits
SEOUL, Feb 11 (Reuters) - South Korea's Trade Minister Cheong In-kyo said on Tuesday that U.S. President Donald Trump's 25% tariffs on steel and aluminum imports due to come into force in March would reduce U.S. steel demand and erode steel exporters' profitability.Reuters
Feb 11, 2025
Other
Poland activates aircraft after Russian strikes on Ukraine
WARSAW, Feb 11 (Reuters) - Polish and allied aircraft were activated early on Tuesday to ensure safety in areas bordering the threatened zones after Russia launched air strikes on Ukraine, the Operational Command of the Polish armed forces said."The Operational Command of the Armed Forces is mon...Reuters
Feb 11, 2025
Forex
FOREX-Dollar supported by Trump tariff moves; eyes on Powell, US inflation
Dollar holds gains on Trump tariffsPowell's testimony, U.S. consumer prices on tapEuro, sterling down a touchUpdates to Asia afternoonBy Rae Wee SINGAPORE, Feb 11 (Reuters) - The dollar firmed on Tuesday after U.S. President Donald Trump moved to substantially raise tariffs on steel and alumi...Reuters
Feb 11, 2025
Commodities
WRAPUP 8-Trump raises tariffs on aluminum, steel imports in latest trade war salvo
Updates share price moves in paragraph 18Trump raises aluminum tariffs to 25% from 10%Trump targets downstream steel products for tariffs Trump also promises broader reciprocal tariffs By Steve Holland, David Lawder and Andrea Shalal WASHINGTON, Feb 10 (Reuters) - U.S. President Donald Trump subs...Reuters
Feb 11, 2025
Other
Trump and Jordan's king set for tense meeting on Gaza's future
By Trevor Hunnicutt WASHINGTON, Feb 11 (Reuters) - Donald Trump meets Jordan's King Abdullah on Tuesday for what is likely to be a tense encounter following the U.S. president's Gaza redevelopment idea and threat to cut aid to the U.S.-allied Arab country if it refuses to resettle Pal...Reuters
Feb 11, 2025
Stocks
BREAKINGVIEWS-Why Elon Musk is a headache for broadband bosses
The author is a Reuters Breakingviews columnist. The opinions expressed are her own.By Jennifer Johnson LONDON, Feb 11 (Reuters Breakingviews) - CEOs in the slow-growing, debt-heavy telecom sector are hardly short of problems. Elon Musk is giving them another one. The SpaceX boss’s satellite-int...Reuters
Feb 11, 2025
Stocks
McDonald's fourth-quarter comparable sales top estimates, sending shares higher
McDonald’s Corporation (NYSE:MCD) shares gained Monday after comparable sales topped average analyst estimates in the fourth quarter, as the burger giant's international licensed markets business was boosted by strength in the Middle East and Japan.
Investing.com
Feb 11, 2025
Other
BRIEF-TD Bank Announces Pricing Of Offering Of Schwab Stock
Feb 11 (Reuters) - Toronto-Dominion Bank TD.TO:TD BANK GROUP ANNOUNCES PRICING OF OFFERING OF SCHWAB STOCKTORONTO-DOMINION BANK - TO SELL ENTIRE EQUITY INVESTMENT IN SCHWABTORONTO-DOMINION BANK - TRANSACTION EXPECTED TO BE ACCRETIVE TO TD'S EPSTD BANK GROUP - TRANSACTION WILL GENERATE NET PROCEE...Reuters
Feb 11, 2025
Commodities
PRESS DIGEST - Wall Street Journal - February 11
Feb 11 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.-A consortium of investors led by Elon Musk offered $97.4 billion to buy the nonprofit that controls OpenAI, raising the stakes in his battle ...Reuters
Feb 11, 2025
Other
FACTBOX-Activist Elliott's recent holdings and campaigns
Updates with Elliott's stake in Phillips 66 Feb 10 (Reuters) - Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66 PSX.N, a person familiar with the matter said on Monday, days after the activist investor took a stake in London-listed oil major B...Reuters
Feb 11, 2025
Commodities
BRIEF-Chevron El Segundo, CA Refinery Reports Unplanned Flare Event On Feb 10
Feb 11 (Reuters) - Chevron Corp CVX.N:REPORTS UNPLANNED FLARE EVENT AT EL SEGUNDO, CA REFINERY ON FEB 10REFINERY CAPACITY: 269,000 BARRELS PER DAYSOURCE: SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT FILINGReuters
Feb 11, 2025
Other
HEDGEFLOW-China tops hedge funds' shopping lists so far this year, Goldman says
By Summer Zhen HONG KONG, Feb 11 (Reuters) - Global hedge funds have been snapping up Chinese stocks for much of this year, with their buying accelerating in the past week as the emergence of homegrown artificial intelligence startup DeepSeek fueled investor enthusiasm, Goldman Sachs said in a no...Reuters
Feb 11, 2025
Other
BRIEF-Charles Schwab Corp Prices $13.1 Billion Secondary Offering At $79.25 Per Share
Feb 11 (Reuters) - Charles Schwab Corp SCHW.N:THE CHARLES SCHWAB CORPORATION ANNOUNCES PRICING OF $13.1 BILLION SECONDARY OFFERING OF ITS COMMON STOCK HELD BY AN AFFILIATE OF THE TORONTO-DOMINION BANKCHARLES SCHWAB CORP - PRICES $13.1 BILLION SECONDARY OFFERING AT $79.25 PER SHARESource text: ID:nBw...Reuters
Feb 11, 2025
Commodities
TECHNICALS-CBOT soybeans still targets February 3 low of $10.31-3/4
Adds daily chartFor more technical analyses, please click SINGAPORE, Feb 11 (Reuters) - The CBOT soybean March contract SH25 still targets its February 3 low of $10.31-3/4 per bushel, as it has broken a rising trendline.The break suggests a reversal of the uptrend from $9.47. A retracement analysis ...Reuters
Feb 11, 2025
Cryptocurrencies
South Korea Must Approve Crypto ETFs ‘Sooner Than Later’ – Korea Exchange Chief
Korea Exchange chairman Jeong Eun-bo recently pushed for the country’s approval of crypto exchange-traded funds (ETFs). Amid the country’s stock market crisis, he urged revamping South Korea’s financial industry to strengthen the market and compete with other nations. Related Reading: $2 Billi...Bitcoinist
Feb 11, 2025
Stocks
MORNING BID EUROPE-Of trade wars and (EV) price wars
A look at the day ahead in European and global markets from Tom WestbrookGold made a foray towards the $3,000-an-ounce mark in the Asia session overnight, touching $2,942, functioning as markets' release valve for the unpredictability of Donald Trump.Central banks have been big buyers for months...Reuters
Feb 11, 2025
Commodities
PRESS DIGEST- New York Times business news - Feb 11
Feb 11 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- U.S. President Donald Trump announced sweeping tariffs on foreign steel and aluminum on Monday, re-upping a policy from his first ...Reuters
Feb 11, 2025
