News
Important Only
ReutersWed, Dec 3
Fitch Says Assigned Neutral Sector Outlook To U.S. State & Local Governments In 2026
ReutersWed, Dec 3
Excelsior Sciences raises $95 million to speed small molecule drug development using AI
ReutersWed, Dec 3
Indian airports face major disruptions as IndiGo grapples with pilot shortages, sources say
GBP outperforms G10 peers as risk appetite improves – Scotiabank
ReutersWed, Dec 3
Lockheed Martin Opens 17,000-Square-Foot System Integration Lab For Hypersonic Capabilities
ReutersWed, Dec 3
Nectar Services Corp Wins UK Government Contract For 40,000 Agent Contact Centre Migration Assurance & Test Automation
Economic Indicator
Fitch Says Assigned Neutral Sector Outlook To U.S. State & Local Governments In 2026
Dec 3 (Reuters) - FITCH: FITCH: ASSIGNED NEUTRAL SECTOR OUTLOOK TO U.S. STATE AND LOCAL GOVERNMENTS IN 2026FITCH SAYS ECONOMIC PERFORMANCE OF U.S. STATE AND LOCAL GOVERNMENTS HAS EXCEEDED EXPECTATIONSFITCH: MOST US STATE, LOCAL GOVTS PROBABLY CAN ABSORB PRESSURES FROM SLOW LABOR MARKET, TARIFF DRIVE...Reuters
Wed, Dec 3
Other
Excelsior Sciences raises $95 million to speed small molecule drug development using AI
By Kamal Choudhury Dec 3 (Reuters) - Excelsior Sciences said on Wednesday it has raised $95 million to develop technology that uses machines and artificial intelligence to accelerate the development and testing of small molecules, aiming to cut years off drug discovery timelines.Drug developers ...Reuters
Wed, Dec 3
Stocks
Indian airports face major disruptions as IndiGo grapples with pilot shortages, sources say
IndiGo faces staffing crunch due to pilot work hour limitsAirline cancels at least 150 flights, sources say IndiGo blames operational challengesBy Jayshree P Upadhyay, Abhijith Ganapavaram and Dhwani Pandya NEW DELHI, Dec 3 (Reuters) - At least 150 flights operated by India's biggest airline...Reuters
Wed, Dec 3
Economic Indicator
GBP outperforms G10 peers as risk appetite improves – Scotiabank
The Pound Sterling (GBP) is the day’s top G10 performer after Norwegian Krone (NOK), with sentiment-driven buying pushing GBP higher as risk reversals recover to late-August levels, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Wed, Dec 3
Other
Nectar Services Corp Wins UK Government Contract For 40,000 Agent Contact Centre Migration Assurance & Test Automation
Dec 3 (Reuters) - NECTAR SERVICES CORP: WINS UK GOVERNMENT CONTRACT FOR 40,000 AGENT CONTACT CENTRE MIGRATION ASSURANCE & TEST AUTOMATIONFurther company coverage: [ ]Reuters
Wed, Dec 3
Stocks
Capricor jumps to 8-year high as cell therapy slows muscle-wasting disease
Shares of drugmaker Capricor Therapeutics CAPR.O surge fourfold to $29.72, its highest in over 8 yearsCo says its experimental cell therapy, deramiocel, slowed the progression of Duchenne muscular dystrophy or DMD in a late-stage trialDMD is a condition that causes skeletal and heart muscle weakness...Reuters
Wed, Dec 3
Cryptocurrencies
London Stock Exchange Group activates access for ChatGPT users
ChatGPT is about to plug straight into licensed financial data after the London Stock Exchange Group Plc signed a deal that lets the AI model pull news and market numbers directly, starting on December 8. But according to OpenAI’s press release, the partnership will happen in phases. Users will be able to check and analyze […]Cryptopolitan
Wed, Dec 3
Commodities
Goldman Sachs lifts average H1 2026 LME copper price forecast to $10,710/t
Dec 3 (Reuters) - Goldman Sachs on Wednesday lifted its average LME copper price forecast for the first half of 2026 to $10,710 per metric ton, up from $10,415/t earlier."Copper is our 'favourite' industrial metal as constrained mine supply growth and structural demand growth from grid &...Reuters
Wed, Dec 3
Stocks
Copper miners gain on record high prices, supply concerns, weaker dollar
Shares of copper miners rise, tracking higher prices of the red metalBenchmark copper CMUCU3 on the London Metal Exchange up 3% at $11,475 a metric tonCopper prices rise to record high supported by a weaker U.S. dollar, supply concerns and tighter availability of metal in warehouses registered with ...Reuters
Wed, Dec 3
Cryptocurrencies
American Bitcoin steadies after share lock-up expiry sparks near 40% plunge
Dec 3 (Reuters) - Shares of American Bitcoin ABTC.O, a bitcoin miner backed by two of U.S. President Donald Trump's sons, steadied on Wednesday, a day after slumping nearly 40% following the expiry of a share lock-up.The stock rose 11.2% to $2.44 after the first unlock of pre-merger shares unlea...Reuters
Wed, Dec 3
Economic Indicator
US manufacturing production flat in September
WASHINGTON, Dec 3 (Reuters) - U.S. factory production was unchanged in September as manufacturing remained constrained by tariffs on imports.The flat reading in manufacturing output reported by the Federal Reserve on Wednesday followed an unrevised 0.1% gain in August. Economists polled by Reuters h...Reuters
Wed, Dec 3
Stocks
Microsoft falls on report of lowered AI software sales quota
Shares of Microsoft MSFT.O down 2.8% at $476.21 Lowers AI software sales quotas, The Information reports, citing two salespeople in Azure cloud unitMultiple divisions have lowered sales growth targets for certain AI products after staff missed goals in the fiscal year ended June, the report saysUp t...Reuters
Wed, Dec 3
Other
Deals of the day-Mergers and acquisitions
Dec 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Wednesday: UK-based hybrid fronting carrier Bridgehaven Europe Holdings has completed its acquisition of Dublin-based SureStone Insurance DAC after receiving all regulatory approvals, the compa...Reuters
Wed, Dec 3
Other
Canada's RBC beats quarterly profit estimates, pushing shares to record high
Capital markets income rose 45.3% due to trading, M&A activityWealth management earnings increased by 32.5%Adjusted EPS of C$3.85 beats estimate of C$3.53Shares hit record high By Nivedita Balu and Pritam BiswasDec 3 (Reuters) - Royal Bank of Canada topped analysts' estimates f...Reuters
Wed, Dec 3
