Spanish Inflation Heats Up on Energy Effects
Consumer prices rose 2.4% in November, accelerating from 1.8% in October, according to E.U.-harmonized figures released Thursday by Spain's statistics agency. That was a little faster than the 2.3% ...
U.S.-Europe Trade War Could Nudge Inflation Higher, ECB's Lagarde Says
U.S. President-elect Donald Trump has threatened to slap steep tariffs on goods imported into the U.S., including from Europe. If European governments were to retaliate, sparking a transatlantic trade ...
Sompo, Japan’s Third-Largest General Insurer, Differentiates Itself With Nursing Care, Palantir Tie
Tokio Marine, MS&AD, and Sompo—together have 88% share, and only three others (AIG, the nonlife unit of an agricultural cooperative insurer, and Sony Assurance) have even 1%. Despite this high ...
We Recommence Coverage of Freeport-McMoRan, USD 25 Fair Value Estimate
In terms of commodity prices, we assume copper and gold average around USD 4.25 per pound and USD 2,800 per ounce from 2025 to 2027, respectively, based on the futures curve. Our midcycle assumptions ...
Bank of Korea Surprises With Back-to-Back Rate Cut, Lowers Growth Forecasts — Update
The central bank's downgraded growth outlooks underscore its concern that the economy could lose more steam. It now expects South Korea's gross domestic product to expand 2.2% in 2024 and 1.9% in 2025 ...
EMEA Morning Briefing: Stock Futures Higher; Trading May Be Subdued Amid U.S. Holiday
While the domestic market in China continues to exert strength, with home appliances and automobiles having room for upward demand, there is no strong sign of improving demand overseas for the time ...
Engine Maintenance Issues Are Weighing on Air New Zealand in the Near Term
We estimate the domestic business, where Air New Zealand typically enjoys around 80% market share, had recovered to pre-covid levels by the end of fiscal 2023. We expect the international recovery, ...
FTC's latest case against Microsoft represents Lina Khan's last swing against Big Tech
A reported antitrust case against Microsoft Corp. will likely be the last gasp of Federal Trade Commission Chair Lina Khan's rather unsuccessful tenure of trying to rein in Big Tech.
Bank of Korea Surprises With Back-to-Back Rate Cut, Lowers Growth Forecasts
The Bank of Korea slashed its benchmark seven-day repurchase rate by a quarter-percentage point to 3.00% on Thursday, accelerating the easing cycle that it started in October with its first cut in ...
Morningstar8h
New York City Housing to Sell Sustainable Bonds for Multi-Family Housing
The New York City Housing Development Corp. plans to sell at least $398 million of sustainable development bonds, with proceeds slated for financing construction mortgage loans and permanent mortgage ...
Billionaire Larry Ellison helped give a high school student $10 million to play football for Michigan - and gave us a glimpse behind the NIL curtain
It's now common for top-flight college athletes to make millions of dollars from NIL deals. And after billionaire Larry Ellison recently helped a high-school quarterback get at least $10 million to ...
Applied Therapeutics Down 76% After Hours on FDA Complete Response Letter
An FDA complete response letter indicates that an application can't be approved in its current form. Govorestat, the company's lead drug candidate, is also being developed for treatment of sorbitol ...