A New York State appeals court has overturned a fine of approximately half a billion dollars imposed on Donald Trump. This decision follows a previous conviction for fraudulently overstating his properties and assets to support his family business.
Blackstone has entered into an agreement to acquire Shermco, an electrical equipment services company, from Gryphon Investors. This transaction, valued at approximately $1.6 billion, strengthens Blackstone's presence in the infrastructure and energy sector, marking a significant investment in essential services.
The U.S. Department of Commerce has initiated a national security investigation concerning the import of wind turbines and their components. This step aims to assess the potential risks related to this equipment for U.S. national security, potentially impacting the renewable energy sector.
Oppenheimer upgraded its recommendation on Deere (DE) stock, citing the company's strategic expansion into robotics. This initiative is seen as a key factor to stimulate future growth and strengthen Deere's market position, thus justifying the upward revision of its rating.
Accuray (ARAY) announced higher-than-expected revenues for the fourth quarter. Following this performance, BTIG reaffirmed its buy rating on the stock, signaling continued confidence in the financial trajectory of the medical technology company.
PROCEPT BioRobotics (PRCT) has revised its forecasts regarding the replacement of its systems. This adjustment impacts the company's financial outlook, reflecting a change in expectations for equipment renewal. Investors are monitoring these changes to assess the evolution of the company's future performance.
Serve Robotics (SERV) has consolidated its alliance with Uber Eats, extending the reach of its delivery robots. This strategic expansion has been favorably received by analysts, who have expressed increased confidence in the company's growth prospects, highlighting its potential in the autonomous delivery market.
Richtech Robotics (RR) has concluded a $4 million sales agreement, marking a significant expansion of its operations in China. This strategic agreement aims to strengthen the company's position in the Chinese market, underscoring its commitment to developing its operations in the region.
Mizuho has adjusted its price target for EPAM Systems (EPAM) upwards, from $275 to $300. This decision follows the company's strong second-quarter performance and improved financial forecasts, signaling increased confidence in its future growth trajectory.
Truist reaffirmed its 'Hold' rating for UiPath (PATH), highlighting the company's aggressive initiatives in the fields of artificial intelligence and automation. This decision comes as UiPath continues to invest significantly to strengthen its position in these growing markets.
Analysts have adjusted upwards their price targets for Intuitive Surgical (ISRG) after the launch of its new robotic surgical system, the Da Vinci 5. This major technological innovation could strengthen the company's position in the medical device market.
Mizuho has adjusted its price target for Boston Scientific (BSX) upwards, citing the solid performance of its medical device and robotics segments. This revision reflects confidence in the company's growth trajectory, driven by innovation in these key areas.
Bernstein adjusted its price target for TechnipFMC upwards, from $24 to $26, after the company published robust second-quarter results. This revision reflects the company's positive performance and the expansion of its activities in the field of robotics.
The Apple TV+ streaming service will increase its monthly subscription to $13 in the United States and other countries. This increase, effective Thursday, marks the third price hike in three years for Apple's entertainment platform.
Japan has concluded an agreement to provide Kenya with yen financing of up to 25 billion yen (approximately 170 million dollars). This amount is lower than what Nairobi had initially announced it hoped to obtain, highlighting a divergence between expectations and the final agreement.
Mario Marcel, Chile's Minister of Finance, has resigned from his post for personal reasons, according to information from CNN Chile and Canal 13. This decision was reported on Thursday by local media.
Oil prices are experiencing variations, influenced by contrasting inventory data and developments in peace negotiations concerning Ukraine. This situation creates uncertainty in the energy market, where supply and demand are also impacted by the current geopolitical context.
US stocks fell after Walmart issued disappointing earnings forecasts, leading to a drop in its share price. Employment data, showing an increase in unemployment claims, also weighed on investor sentiment, reinforcing concerns about economic growth.
Home Depot reported a change in customer behavior in its stores, which could indicate upcoming challenges for the retailer. This observation raises questions about consumer trends and their potential impact on the company's sales and profitability.
Caterpillar and Hunt Energy have formed a joint venture, Cat Microgrid LLC, to develop power supply solutions for data centers. The initial project will focus on Texas, aiming to provide reliable and sustainable energy infrastructure to meet the growing demand from the technology sector.
Warren Buffett, an emblematic figure in investment, stated that he does not consider candidates' academic backgrounds. He believes that a significant portion of business talent is innate, emphasizing the importance of natural aptitudes over university degrees in evaluating potential.
Former President Trump criticized President Joe Biden, stating that restrictions imposed on Ukraine for cross-border strikes made victory against Russia "almost impossible." These statements come after a Russian attack on an American company in Ukraine, and as the Kremlin hesitates on a meeting between Putin and Zelensky.
Melanie Debono Mackenzie, Senior Europe Economist at Pantheon Macroeconomics, anticipates an interest rate cut by the European Central Bank as early as September. This forecast was shared during an appearance on Bloomberg Daybreak Europe, highlighting market expectations regarding the Eurozone's monetary policy.
US interest rate futures reflect a decrease in the probability of a September rate cut, falling from 79% to approximately 67.5%. This revision follows stronger-than-expected manufacturing and services data, and comments from the Federal Reserve, indicating a less favorable scenario for a rate cut.
Beth Hammack, President of the Federal Reserve Bank of Cleveland, stated that she would not vote in favor of an interest rate reduction if a monetary policy decision were to be made soon, signaling a cautious stance on monetary easing.
Recent audits in Austria have revealed "inaccurate promotional prices" at Lidl and other supermarket chains. The country has initiated legal proceedings against these companies for alleged deception regarding discounts, raising concerns about price transparency for consumers.
The United Kingdom has summoned Israel's ambassador to London after Israel approved a settlement plan. This widely criticized plan would encroach on lands claimed by the Palestinians for the creation of a state, stirring international diplomatic tensions.
The cryptocurrency exchange Gemini, founded by the Winklevoss brothers, has obtained a MiCA licence in Malta. This approval marks a key step in the platform's expansion strategy in Europe, following the approval of its derivatives products in May.
US interest rate futures indicate a reduced probability of a September rate cut, falling from 79% to approximately 70%. This revision follows stronger-than-expected manufacturing and services data, as well as comments from the Federal Reserve, suggesting no justification for such a measure.
Lebanon has announced the start of disarming Palestinian factions within refugee camps. This initiative is part of a broader approach aimed at establishing a state monopoly on weapons, thereby strengthening the country's sovereignty and security.
Following the announcement by US President Donald Trump of customs tariffs on Canadian imports in March, a small manufacturer in Ontario saw its orders drop drastically, illustrating the negative impact on small businesses despite certain exemptions.
The U.S. Consumer Financial Protection Bureau is requesting comments on bank fees and customer authorization. This move comes as the agency reviews a regulation on personal financial data, following JPMorgan Chase & Co.'s proposal to charge third parties for access to this information.
Brussels assures that European producers of chips, medicines, and wood will not face US import duties exceeding the previously agreed 15% cap. This measure aims to reassure the industries concerned regarding US trade policies.
Small and medium-sized enterprises (SMEs) in the United Kingdom anticipate average losses of £53,000 in 2025 due to fluctuating exchange rates. This monetary volatility represents a significant cost for British businesses, impacting their profitability and financial operations.
Silver Dollar Resources Inc. announced the exercise of its option to acquire a 75% interest in the Ranger-Page project, located in the United States. This strategic operation strengthens the company's presence in the North American mining sector, targeting valuable resources.
The German government, through the public bank KfW, is exploring the possibility of acquiring a minority stake in TenneT Germany. This move comes after the failure of an attempt to fully sell the grid operator to the German state last year, highlighting Berlin's strategic interest in energy infrastructure.
A Federal Reserve official, Mr. Hammack, indicated that current economic data did not justify an interest rate reduction in September. This statement suggests a cautious approach to US monetary policy, potentially influenced by robust economic indicators.
A Federal Reserve official, Mr. Hammack, stated that current data do not justify an imminent reduction in interest rates. This position suggests a cautious approach to US monetary policy, prioritizing stability in the face of inflationary pressures.
A Federal Reserve official believes that current monetary policy is not far from a neutral stance, and that a stimulating policy is not necessary. This statement suggests a cautious approach on the part of the US central bank.
The Indian central bank has affirmed that its current inflation targeting framework has been effective for the economy and should be maintained. This statement comes as it seeks opinions on future directions via a discussion paper.
After eight years without major new orders from China, Boeing is in advanced negotiations for the sale of 500 aircraft. The Asian country is also exploring a similar agreement with Airbus, signaling a potential resumption of aircraft purchases.
German car manufacturers BMW and Mercedes-Benz are considering cooperation for the mutual supply of engines and transmissions starting in 2027. This initiative aims to reduce production costs, although obstacles, notably engineers' pride, remain.
The UK will take control of a company owned by Sanjeev Gupta. This decision comes after creditors opposed a plan that would have allowed the steel magnate to retain control of the company's assets, marking a turning point for the future of these steel operations.
Federal Reserve member, Hammack, emphasized that the two objectives of the central bank's dual mandate, namely price stability and full employment, are currently under pressure. This statement highlights the economic challenges facing the Fed.
Federal Reserve Governor Hammack emphasized the importance of maintaining a slightly restrictive monetary policy. This approach aims to ensure economic stability and control inflation, signaling continuity in the current strategy of the American central bank.
A representative of the Federal Reserve, Mr. Hammack, expressed doubts about the validity of economic theory concerning the one-off effect of customs tariffs. This statement suggests that the implications of trade barriers could be more lasting than expected, potentially impacting economic prospects.
A Federal Reserve official expressed his main concern regarding the current level of inflation, emphasizing that the recent trend indicates an unfavorable development. This statement highlights the persistent challenges for US monetary policy in the face of inflationary pressures.
A Federal Reserve official, Mr. Hammack, highlighted a drastic decrease in labor supply. This observation is crucial for the US central bank's assessment of current and future economic conditions, potentially influencing its monetary policy decisions.
A Federal Reserve official, Mr. Hammack, stated that the institution was missing its inflation targets. He emphasized the importance of maintaining intense focus on this major economic issue to achieve the set targets.
Military leaders from the United States and several European nations have finalized military options concerning Ukraine. These proposals will be submitted to the respective national security advisors, the U.S. Army announced. This initiative aims to strengthen strategic coordination in the face of the current situation.
