Chancellor of the Exchequer John Healey pledged fiscal discipline in the face of harsh global economic conditions as he delivered the first budget of Andy Burnham’s new Labour administration. His measures included a plan to impose an additional 3% tax on banks, increasing the existing surcharge to 6%. Bloomberg's Caroline Hepker reports from Westminster. (Source: Bloomberg)
TSLA stock rose 9.5% in the last two trading sessions. Rising EV demand, improving margins and AI progress signal a turnaround. Is the stock worth buying now?
Timberwolves star Anthony Edwards will undergo an arthroscopic procedure on his ailing right knee Thursday that will sideline him up to two months, sources told ESPN's Shams Charania.
UK data centers used for critical services will be given priority access to the grid and the authority to generate power on site, under new rules aimed at speeding up construction of essential infrastructure.
Wheat is showing mostly higher trade on Wednesday morning, with spring wheat the lagger. The wheat complex fell lower across the three markets on Tuesday. Chicago SRW contracts were 1 to 7 cents in the red at the close. Open interest was up 2,876 contracts. KC HRW futures were fractionally...
Corn prices are getting a bounce on Wednesday morning, up 1 to 3 cents Futures closed the Tuesday session with contracts down 3 to 6 ¼ cents across much of the board. Open interest suggested new short interest on Tuesday, rising 18,872 contracts. The CmdtyView national average Cash Corn price...
Soybeans are showing 2 to 4 cent higher trade on Wednesday morning. Futures worked lower into the close with contracts down 8 ½ to 12 cents across the board on Tuesday. Open interest was down 6,473 contracts on Tuesday mainly in November (-32,496) ahead of Friday’s first notice day. The...
Lean hog futures posted losses of $1.92 to $2.65 on the Tuesday session. New short interest was piling in, with open interest rising 6,721 contracts. USDA’s national base hog price was reported at $57.94 in the Tuesday afternoon report, down $1.52 from the day prior. The CME Lean Hog Index...
Warnings of escalating clampdown on press freedom come after Cairo court convicts Attalah of managing an unlicensed website
Lina Attalah, a prominent Egyptian journalist and the editor-in-chief of the news outlet Mada Masr, has been released from detention by Egypt’s authorities and had her website ordered to be shut down by a court amid an intensifying crackdown on independent media in the country.
Attalah was taken briefly into custody after a Cairo court convicted her of managing an unlicensed website, prompting fresh international concerns over press freedom in Egypt.
French Finance Minister Roland Lescure said the government is determined to get a deficit cutting budget enacted and will use any tools available, including untested executive orders.
The Federal Reserve kept its key rate unchanged Wednesday at about 3.9% despite stubbornly high inflation, while providing little hint about the central bank's next moves.
Key PointsInnodata currently looks stronger on revenue, having recorded a higher total than SoundHound AI in all eight comparable quarters analyzed in this reporting period.
Russian Foreign Minister Sergei Lavrov will travel to the US for a meeting of Group of 20 counterparts this week, as efforts to revive peace talks over the war in Ukraine gather pace.