News

Note: This section contains information in English only.
Tue, 18 Feb 2025 08:00:03 GMT

Delta plane flips

Delta flight DL4819 from Minneapolis flipped upside down after landing at Toronto Pearson Airport, injuring 18, including 3 critically, amid windy, snowy weather.

Tue, 18 Feb 2025 03:30:04 GMT

Tariffs could hurt tequila

Mexican tequila makers worry a 25% U.S. tariff could hurt their businesses. Melly Barajas says her supply chain is frozen, awaiting a decision after a 30-day pause.

Mon, 17 Feb 2025 21:30:03 GMT

Blackstone to move in real estate market

Blackstone plans to take an $800M loan to buy a stake in a 50-story office building in New York City, sources say.

Mon, 17 Feb 2025 18:30:03 GMT

Assura rejects a £1.56B

UK's Assura rejects a £1.56B from KKR and Universities Superannuation Scheme, the U.S. private equity group said on Monday.

Mon, 17 Feb 2025 16:25:03 GMT

Sticky inflation set BOJ on Hawkish path

Hawkish comments from the Bank of Japan and sticky inflation are pushing bond yields to multi-year highs. Mitsubishi UFJ expects a rate hike to 0.75% in July, not October.

Mon, 17 Feb 2025 15:30:03 GMT

Lowers rate may be on the horizon

Euro-zone forecasters expect the ECB to cut rates below 2% by 2026, starting with 25 basis points cuts at the next three meetings, per Bloomberg survey.

Mon, 17 Feb 2025 12:30:04 GMT

Argentine President Impeachment

Argentine President Javier Milei may face impeachment after promoting the $LIBRA crypto, which crashed shortly after his endorsement, opposition lawmakers say.

Mon, 17 Feb 2025 09:30:03 GMT

Japan's economy grows

Japan's economy grew 2.8% annualized in Q4, beating expectations of 1.0%, driven by stronger business spending and higher consumption, supporting rate hike prospects.

Mon, 17 Feb 2025 06:30:04 GMT

China's leaders are set to meet with the private sector

China invited top entrepreneurs, including Jack Ma, for a meeting with President Xi Jinping, signaling support for the private sector. Alibaba shares rose 5.7%.

Mon, 17 Feb 2025 03:30:03 GMT

Ukraine drafts agreement between U.S.

Ukraine has handed a draft minerals agreement to the U.S. for review, seeking U.S. investment in its resources in exchange for security guarantees in a peace deal.

Fri, 14 Feb 2025 21:30:03 GMT

Singapore's GDP expands

Singapore's GDP grew 1.8% in 2023. Q4 saw a 5% growth, beating forecasts. Retail and F&B sectors contracted, while the 2025 GDP growth forecast is 1-3%.

Fri, 14 Feb 2025 18:30:04 GMT

Telefonica to sell Mexico business unit

Telefonica hires JPMorgan to sell its Mexican unit, aiming for a deal before its shareholder meeting. The company also seeks to sell its Argentine and Colombian assets.

Fri, 14 Feb 2025 15:30:03 GMT

Hostile takeover of OpenAI

Elon Musk's $97.4B bid for OpenAI sparks a legal battle with CEO Sam Altman, with Musk threatening to drop the offer if OpenAI remains a nonprofit.

Fri, 14 Feb 2025 12:30:07 GMT

Japanese wealth grows

Japan's wealth gap widens as assets of the wealthy hit a record ¥469 trillion, while the majority's wealth grew only 42% from 2011-2023, driven by stocks.

Fri, 14 Feb 2025 09:30:04 GMT

JPMorgan wants de-regulation

JPMorgan CEO Jamie Dimon calls for restructuring financial regulators, urging a review of rules and regulations after meeting with lawmakers on bank oversight.

Fri, 14 Feb 2025 03:30:05 GMT

Texas lawmakers second push for Bitcoin reserve

Texas lawmakers refiled a strategic Bitcoin reserve bill (SB 21), now allowing investment in other cryptocurrencies. It's a top priority for Lt. Governor Dan Patrick.

Thu, 13 Feb 2025 21:30:03 GMT

Nestlé sees sales growth

Nestlé reported better-than-expected sales growth, driven by price hikes but warned of a narrower profit margin in 2025 as it focuses on innovation and sales volume.

Thu, 13 Feb 2025 18:30:03 GMT

Honda profits rise

Honda's Q3 operating profit rose 5%, driven by strong motorcycle sales and a weak yen, but missed estimates. Honda and Nissan ended merger talks but will cooperate on EVs.

Thu, 13 Feb 2025 15:30:04 GMT

Oil Prices fall

Oil prices fell after Trump and Putin agreed to talks on ending the Ukraine war, easing concerns over Russian supply. Brent dropped below $75, WTI near $71.

Thu, 13 Feb 2025 13:25:03 GMT

Commerzbank decreases workforce

Commerzbank will cut 3,900 jobs and set new financial targets as part of a strategy revamp to counter UniCredit's push for a merger with the German lender.

Thu, 13 Feb 2025 12:30:08 GMT

UK economy sees growth

UK economy grew 0.1% in Q4 2024, boosted by a 0.4% rise in December, with pubs thriving pre-Christmas. Overall growth for 2024 was 0.9%.

Thu, 13 Feb 2025 09:30:03 GMT

Central Banks push timelines due to Trump

A central bank survey shows 75% still plan to issue a CBDC, but nearly a third have delayed their timeline, following Trump's ban on digital dollar work.

Thu, 13 Feb 2025 06:30:03 GMT

Canada Pensions invest in private equity

Canada Pension Plan invested $5B in private equity in Q4 2024, making 26 transactions. Net assets hit C$700B, surpassing projections by 5 years.

Thu, 13 Feb 2025 03:30:04 GMT

Egg prices rise

Egg prices soared 53% in January, driven by bird flu. Orange juice rose 7.7%, and coffee went up 3.1%, adding to overall grocery inflation of 1.9%.

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