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Forex
GBP/USD churns after Fed holds rates steady, more volatility in the barrel
GBP/USD knocked into some fresh volatility, testing down in intraday chart action and testing below 1.2435 in response to the Federal Reserve's (Fed) recent decision to maintain the interest rate at 4.25%-4.50%.
Fxstreet
Jan 29, 2025
Other
BRIEF-India's Byju's Term Loan Lenders Says Indian Court Admits Glas Trust's $1.37 Billion Claim In Reorganization Process
Jan 29 (Reuters) - INDIA'S BYJU’S TERM LOAN LENDERS -INDIAN COURT ADMITS GLAS TRUST’S $1.37 BILLION CLAIM IN BYJU’S REORGANIZATION PROCESSBYJU’S TERM LOAN LENDERS- GLAS TRUST REINSTATED AS LARGEST FINANCIAL CREDITOR OF THINK & LEARN WITH 99.41% VOTING RIGHTS ON COMMITTEE OF CREDITORSFurther...Reuters
Jan 29, 2025
Other
Kennedy says he will finalize rules that increase diversity in clinical trials
By Julie Steenhuysen CHICAGO, Jan 29 (Reuters) - Robert F. Kennedy Jr., President Donald Trump's pick to lead the top U.S. health agency, told U.S. senators during his confirmation hearing on Wednesday that he would finalize regulations aimed at increasing the participation of diverse patient...Reuters
Jan 29, 2025
Other
BRIEF-Goldman Sachs Says Daniel Marcu Joins Co From Amazon
Jan 29 (Reuters) - Goldman Sachs Group Inc GS.N:GOLDMAN SACHS SAYS DANIEL MARCU JOINS CO AS PARTNER IN ENGINEERING & GLOBAL HEAD OF AI ENGINEERING AND SCIENCE- MEMO SEEN BY REUTERSGOLDMAN SACHS: DANIEL MARCU JOINS GOLDMAN SACHS FROM AMAZONFurther company coverage: GS.NReuters
Jan 29, 2025
Stocks
BUZZ-Zentalis Pharma tumbles on cancer drug durability concerns
** Shares of drug developer Zentalis Pharmaceuticals ZNTL.O fall ~19% to $1.94 ** ZNTL says its experimental cancer drug, azenosertib, works better than current treatments in ovarian cancer patients who have previously been treated with platinum-based chemotherapy and whose cancer has become resista...Reuters
Jan 29, 2025
Other
BRIEF-Norwegian Air Says Ministry Of Climate And Environment Files Appeal Regarding EU ETS Obligations For 2020
Jan 29 (Reuters) - Norwegian Air Shuttle ASA NAS.OL:NORWEGIAN AIR - OSLO DISTRICT COURT RULED IN FULL FAVOUR OF NORWEGIAN REGARDING EU ETS OBLIGATIONS FOR 2020NORWEGIAN AIR: CO IS ENTITLED TO A FULL REFUND OF PENALTY AMOUNT OF CLOSE TO NOK 400 MILLION WITH INTERESTNORWEGIAN AIR - MINISTRY OF CLIMATE...Reuters
Jan 29, 2025
Other
White House says OMB memo on funding freeze rescinded
WASHINGTON, Jan 29 (Reuters) - White House press secretary Karoline Leavitt said on Wednesday a memo issued by the Office of Management and Budget (OMB) pausing federal grant, loan and other assistance programs was rescinded.The freeze was announced on Monday and blocked by a federal court on Tuesda...Reuters
Jan 29, 2025
Other
MOVES-Goldman Sachs hires Amazon exec in senior AI engineering role
By Saeed AzharNEW YORK, Jan 29 (Reuters) - Goldman Sachs GS.N has hired Daniel Marcu from Amazon.com AMZN.O as its global head of artificial intelligence engineering and science to help develop and refine artificial intelligence platforms and products, according to a memo seen by Reuters.Before join...Reuters
Jan 29, 2025
Other
NASA affirms plan with SpaceX to return astronauts after Trump demand
Trump asks Musk's SpaceX to return NASA astronauts from ISSAstronauts were already assigned a SpaceX flight homeTrump offers no details on how the return would changeAdds NASA statement in paragraph 5, background in paragraphs 15 onwardBy Joey Roulette WASHINGTON, Jan 29 (Reuters) - NASA ...Reuters
Jan 29, 2025
Stocks
Nvidia Is Sinking Again Today. Is This Your Chance to Buy the Artificial Intelligence (AI) Leader's Stock?
Shares of Nvidia (NASDAQ: NVDA) are seeing another round of big sell-offs in Wednesday's trading. The stock was down 5.9% as of 1:26 p.m. ET today amid the backdrop of a 0.5% decline for the S&P 500 index and a 0.8% pullback for the Nasdaq Composite index.Nvidia stock is losing ground today amid mul...The Motley Fool
Jan 29, 2025
Commodities
Cargill to close Arkansas turkey processing plant, cutting 1,100 workers
CHICAGO, Jan 29 (Reuters) - Global commodities trader Cargill Inc CARG.UL will close a Springdale, Arkansas, turkey processing plant with 1,100 workers on Aug. 1 and shift much of the production to processing facilities in Missouri and Virginia, the company said on Wednesday.The closure comes as pri...Reuters
Jan 29, 2025
Stocks
BUZZ-Railroad operator Norfolk Southern up after Q4 profit beat
Updates** Shares of railroad operator Norfolk Southern Corp NSC.N up 2.9% at $259.50 ** Co's Q4 profit beats estimates, helped by cost cuts implemented to improve margins and better-than-expected insurance recoveries related to a costly derailment** Posts Q4 adj profit of $3.04 per share, above ...Reuters
Jan 29, 2025
Commodities
GRAINS-Corn futures hit over one-year high on Argentine weather worries
Soybean, corn futures surge on worries over dry Argentine weatherWheat rises on spillover strength from corn and demand uptickUpdates for market open, changes dateline from PARIS/CANBERRA to CHICAGO, adds bullets, changes bylineBy Heather Schlitz CHICAGO, Jan 29 (Reuters) - Chicago grain futures ...Reuters
Jan 29, 2025
Stocks
BUZZ-U.S. STOCKS ON THE MOVE-Signing Day Sports, Merchants Bancorp, Stride
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8The S&P 500 and the Nasdaq slipped on Wednesday, as losses in tech heavyweights Apple and Nvidia pressured broader gains and cautious inve...Reuters
Jan 29, 2025
Stocks
BUZZ-Transcat down after Oppenheimer downgrade on dour annual forecast
** Shares of calibration service provider Transcat TRNS.O down as much as 8.5% to $79.19 ** Brokerage Oppenheimer downgrades stock to "perform" from "outperform", removes PT** Company posted Q3 results below expectations and lowered FY25 organic service growth forecast after market c...Reuters
Jan 29, 2025
Other
Trump files formal notice of plan to appeal hush money conviction
By Luc Cohen and Mike Spector NEW YORK, Jan 29 (Reuters) - U.S. President Donald Trump's lawyers on Wednesday formally notified a New York state court of Trump's intent to appeal his criminal conviction on charges stemming from hush money paid to a porn star. In the notice, Trump's la...Reuters
Jan 29, 2025
Forex
CANADA FX DEBT-Canadian dollar dips as BoC rate cut adds to interest rate divergence
Canadian dollar weakens 0.1% against the greenbackTrades in a range of 1.4393 to 1.4471Bank of Canada cuts by 25 basis pointsCanada-US 2-year spread widens to 141 basis pointsBy Fergal Smith TORONTO, Jan 29 (Reuters) - The Canadian dollar weakened against the greenback on Wednesday as the Bank of...Reuters
Jan 29, 2025
