Uruguay has been accepted to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), nearly two years after submitting its application.The application was submitted in November 2022, during the administration of former President Luis Lacalle Pou, who had made his plans known earlier that year.Members of the CPTPP currently…
After having spent most of the day in the red, gold prices rebounded due to renewed expectations of a December interest rate cut by the Federal Reserve. On the other hand, silver prices dipped nearly 2%, but hopes for a rate cut limited losses. Oil prices fell, and were set for a…
Eli Lilly crossed into historic territory on Friday, becoming the first healthcare company ever to hit a $1 trillion market valuation.Shares rose 1.7% to mark the milestone, cementing the Indianapolis pharmaceutical giant as Wall Street’s newest mega-cap champion.With stock gains exceeding 36% year-to-date, Lilly has dramatically outpaced tech volatility and…
Europe’s markets and politics are moving in tandem today, with fresh economic data, major corporate investments, and shifting geopolitical signals shaping the mood.UK growth has stalled ahead of a closely watched budget, Nokia is betting big on AI infrastructure in the US, European leaders are coordinating on a new Ukraine…
Markets, geopolitics, and big corporate shifts are driving the evening’s biggest stories.Eli Lilly has made history by becoming the first healthcare firm to hit the $1 trillion mark. Trump’s team is bracing for a major internal shakeup ahead of the 2026 midterms.Crypto markets are wobbling under renewed regulatory fears, and…
Federal Reserve President John Williams sparked a major equity rally on Friday by signaling that the central bank still has room to cut interest rates in the near term, boosting investor appetite for risk.The Dow Jones surged more than 700 points during the session as traders recalibrated expectations for a…
Bets for a December interest rate cut by the US Federal Reserve have sharply increased on Friday after an optimistic speech by the New York Fed President John Williams. Federal Reserve Bank of New York President John Williams indicated that the US central bank has scope to reduce interest rates again…
Donald Trump’s second term in office began with the kind of shock that grabs headlines and shakes markets.Within weeks, he rolled out a blanket tariff plan on almost everything the United States imports, setting the ground for a trade war against multiple allies.The decision was pitched as a national reset…
Bridgewater Associates founder Ray Dalio believes artificial intelligence spending has created bubble‑like conditions in financial markets.Yet despite the froth, he cautions investors against rushing to liquidate their holdings.Speaking with CNBC this week, Dalio argued that bubbles do not automatically translate into immediate losses, and that investors should remain disciplined rather…
The crash of an Indian-made Tejas fighter jet during a display at the Dubai Air Show has deepened scrutiny of HAL at a time when India is accelerating its indigenous defence manufacturing plans. The aircraft went down on Friday afternoon, sending thick black smoke over Al Maktoum International Airport, and…