News
Important Only
ReutersTue, Dec 16
USTR threatens countermeasures after EU fine on Musk's X
ReutersTue, Dec 16
Spotify & Naver Bring Music Integrations And Premium Benefits To Korea
ReutersTue, Dec 16
Tesla ramps up battery cell investments at German gigafactory
ReutersTue, Dec 16
Southern California Edison Says First Payment Made In SCE's Wildfire Recovery Program
ReutersTue, Dec 16
US State Department OKs potential sale of Aegis Class Destroyer support to Japan, Pentagon says
ReutersTue, Dec 16
16 states sue Trump administration for suspending EV charging infrastructure programs
Other
USTR threatens countermeasures after EU fine on Musk's X
WASHINGTON, Dec 16 (Reuters) - The Trump administration on Tuesday threatened a wide range of possible retaliatory measures after European Union tech regulators imposed a fine on Elon Musk's X, saying it could leverage fees or restrictions on foreign services.The Office of the U.S. Trade Represe...Reuters
Tue, Dec 16
Other
Spotify & Naver Bring Music Integrations And Premium Benefits To Korea
Dec 16 (Reuters) - Spotify SPOT.N:SPOTIFY: CO & NAVER BRING MUSIC INTEGRATIONS AND PREMIUM BENEFITS TO KOREA - WEBSITESPOTIFY: SPOTIFY PREMIUM BASIC IS NOW INCLUDED AT NO ADDITIONAL COST WITH NAVER+ MEMBERSHIPReuters
Tue, Dec 16
Other
Tesla ramps up battery cell investments at German gigafactory
FRANKFURT, Dec 16 (Reuters) - Tesla TSLA.O is creating the conditions to produce up to 8 gigawatt hours of battery cells a year at its German gigafactory in Gruenheide near Berlin starting in 2027, the U.S. automaker said in a statement on Tuesday."To this end, we are investing another three-dig...Reuters
Tue, Dec 16
Other
Southern California Edison Says First Payment Made In SCE's Wildfire Recovery Program
Dec 16 (Reuters) - Southern California Edison: SOUTHERN CALIFORNIA EDISON - FIRST PAYMENT MADE IN SCE'S WILDFIRE RECOVERY PROGRAMSOUTHERN CALIFORNIA EDISON: COMMUNITY MEMBERS DIRECTLY IMPACTED BY EATON FIRE ARE GETTING COMPENSATION WITHOUT DELAY TO REBUILD AND RECOVERSOUTHERN CALIFORNIA EDISON: ...Reuters
Tue, Dec 16
Other
US State Department OKs potential sale of Aegis Class Destroyer support to Japan, Pentagon says
WASHINGTON, Dec 16 (Reuters) - The U.S Department of State has approved the potential sale of Aegis Class Destroyer Support and related equipment to Japan for $100.2 million, the Pentagon said on Tuesday.The principal contractor will be Lockheed Martin LMT.N.Reuters
Tue, Dec 16
Other
16 states sue Trump administration for suspending EV charging infrastructure programs
WASHINGTON, Dec 16 (Reuters) - A group of 16 states and the District of Columbia filed suit against the Trump administration for suspending two bipartisan grant programs for electric vehicle charging infrastructure.California Attorney General Rob Bonta said the U.S. Transportation Department of Tran...Reuters
Tue, Dec 16
Commodities
QUOTES-Reactions to European Commission proposal to reverse 2035 combustion engine ban
Dec 16 (Reuters) - The European Commission on Tuesday made public proposals that reverse an effective ban on sales of new internal combustion engine cars from 2035, bowing to pressure from Germany, Italy and major automakers.The revised package cuts the planned 2035 goal to a 90% reduction in tailpi...Reuters
Tue, Dec 16
Other
Panama Ports Deal Hits Impasse As China Makes New Demands For Its Approval- WSJ
Dec 16 (Reuters) - PANAMA PORTS DEAL HITS IMPASSE AS CHINA MAKES NEW DEMANDS FOR ITS APPROVAL- WSJBEIJING THREATENS TO BLOCK BLACKROCK-LED DEAL TO BUY PANAMA PORTS UNLESS STATE-OWNED COSCO GETS A MAJORITY STAKE- WSJSource text: https://tinyurl.com/3nec7vf8Reuters
Tue, Dec 16
Cryptocurrencies
CoreWeave stock sinks 61% as debt fears and delays mount
CoreWeave Inc., the American artificial intelligence cloud-computing company, has watched $33 billion of value disappear in six weeks. This hit is mainly due to investor concerns over a potential AI bubble and inconsistent signals from the company’s leadership. The AI infrastructure provider has dropped 61% from its all-time high of $187 mid-year. It has also […]Cryptopolitan
Tue, Dec 16
Cryptocurrencies
Shiba Inu Scores US Regulated Derivatives Entry Via Coinbase
According to reports, Coinbase has launched regulated futures linked to Shiba Inu, opening the token to trading on a US derivatives venue. Related Reading: Analyst: Bitcoin’s Cycle Is Intact, Yet No Longer Purely Market-Driven The new products include perpetual-style contracts and monthly futures ti...NewsBTC
Tue, Dec 16
Other
EUROPE RESEARCH ROUNDUP-Edenred, Outokumpu, UBS
Dec 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Edenred, Outokumpu and UBS Group on Tuesday.HIGHLIGHTSAperam SA APAM.AS: Morgan Stanley raises to overweight from equal weight Edenred EDEN.PA: Citigroup cuts target price to EUR 20...Reuters
Tue, Dec 16
Cryptocurrencies
XRP Traders Reducing Exposure? Estimated Leverage Ratio Slides Deeper – What This Means For Price
Following the sudden pullback observed across the cryptocurrency market, the price of XRP has fallen sharply, causing it to revisit the $1.8 threshold. With XRP’s price facing heightened bearish pressure, traders appear to be stepping back, raising questions about the current price action. Leverage ...Bitcoinist
Tue, Dec 16
Stocks
Caris rises on $1.1 billion deal with Genentech
Shares of AI-driven oncology firm Caris Life Sciences CAI.O up 2.23% at $27.30Co has signed a multi-year collaboration with Genentech, to discover new drug targets for hard-to-treat cancersDeal includes $25 mln upfront and near-term payments, with milestones of up to $1.1 bln linked to R&D and s...Reuters
Tue, Dec 16
Other
Tesla to invest in battery-cell production in Gruenheide
FRANKFURT, Dec 16 (Reuters) - Tesla TSLA.O is creating the conditions to produce up to 8 gigawatt hours of battery cells a year at its German gigafactory in Gruenheide near Berlin starting in 2027, the U.S. automaker said in a statement on Tuesday."To this end, we are investing another three-dig...Reuters
Tue, Dec 16
Economic Indicator
EU drops 2035 combustion engine ban as global EV shift faces reset
EU sets 90% car CO2 emission reduction target for 2035EU's EV policy shift may benefit Chinese automakersComes after Ford takes $19.5 bln charge, retreats from EVsAnalysts say picture more nuanced in Europe vs USBy Philip Blenkinsop STRASBOURG, Dec 16 (Reuters) - The European Commission unvei...Reuters
Tue, Dec 16
Other
FCAS fighter jet "very unlikely" after ministers' talks, source says
BERLIN, Dec 16 (Reuters) - A meeting between the French, German and Spanish defence ministers last week failed to yield a breakthrough rescuing the troubled French-German-Spanish FCAS warplane programme, three people familiar with the matter said on Tuesday.The 100-billion-euro-project project under...Reuters
Tue, Dec 16
Other
AfDB raises $10.5 billion for low-cost lending window, no word on US funding
AfDB secures $10.5 billion, up from $8.9 billion in 2022Initial target was $25 bln before U.S. funding pullbackAfDB's statement silent on U.S. contribution at meetingAfrican states step in to try and fill some of the gapBy Duncan Miriri NAIROBI, Dec 16 (Reuters) - The African Development Bank...Reuters
Tue, Dec 16
