Wall Street’s new darling: Eli Lilly becomes healthcare’s first $1 trillion powerhouse
Eli Lilly crossed into historic territory on Friday, becoming the first healthcare company ever to hit a $1 trillion market…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
Fed’s October minutes released: December rate cut just became a coin flip
The Federal Reserve’s October meeting minutes reveal mounting disagreement about whether another interest rate cut makes sense in December. Powell’s…
Morning brief: Trump to meet Mamdani, Asian chip stocks rally on Nvidia earnings beat
A series of major political and market developments unfolded, with US President Donald Trump preparing to meet New York City’s…
China’s rare earth magnet exports drop overall, but surge to US market in October
Recent customs data released on Thursday revealed a nuanced trend in China’s rare earth magnet exports for the month of…
Hungary’s economy in trouble: Can Orbán outrun his own model?
Hungary’s economy has now moved beyond a usual economic slowdown. Inflation has come down from its record highs but still…
Global sugar prices likely to remain soft amid record output in Brazil and India, says expert
Global sugar prices are expected to remain soft in the coming months due to rising production and rebuilding stocks, said…
Commodity wrap: dollar strength weighs on bullion, while oil jumps on US inventory decline
Gold prices were largely unchanged on Thursday, even as the dollar strengthened against a basket of major currencies. Prices had…
UK opens fast lane to residency: high-earners get ‘earned settlement’ shortcut
The UK announced a dual-track immigration overhaul on Thursday that reshapes pathways to permanent residency. Most foreign workers will need…
US job growth rebounds in September, unemployment hits 4-year high
US job growth picked up in September, with nonfarm payrolls rising by 119,000 after a decline the previous month, according…