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Briferendum Series

Briferendum series: What will exactly happen if UK votes 'leave'

Mar 03, 2016 09:46 am UTC| Commentary

What will happen if UK chooses to exit EU? Vote on EU referendum is scheduled on June 23rd, 2016 and if Britons do vote in favor of exiting that will automatically invoke Article 50 negotiations of Lisbon Treaty. So...

Norwegian economic outlook slightly weaker than expected, key interest rates likely to reach zero by 2016-end

Mar 03, 2016 09:28 am UTC| Commentary Central Banks

Norways central bank is expected to further lower rates three times in 2016. The key rates are likely to reach zero by the end of 2016. There are many reasons for this. Oil prices are lower and are expected to remain low...

US labor market continues to be on track, no threat to job growth from fall in manufacturing employment

Mar 03, 2016 09:09 am UTC| Commentary

The US ADP employment report showed private payroll growth of 214k in February, as compared with consensus expectations of 190k and Januarys revised figure of 193k. Employers in the goods producing job added 5k to payrolls...

Denmark’s FX reserve decline in February, DN likely to mirror ECB’s expected rate cut move

Mar 03, 2016 08:53 am UTC| Commentary Central Banks

Denmarks FX reserve fell from DKK430bn in January to DKK422bn in February. DKK 8.4bn of the fall was because Danmarks Nationalbank (DN) bought DKK in FX intervention to cap EUR/DKK upside. The central bank likely carried...

Euro area growth outlook weak on external factors, heightened uncertainty headwinds to business investments

Mar 03, 2016 08:52 am UTC| Commentary

Businesses in the euro area are likely to be wary regarding initiating new investments due to weakness in global growth, financial turmoil and moderate growth in investments on risks of Brexit. These doubts will dominate...

US Election Series

US election series: Expect Kasich to drop out after March 15th Primary

Mar 03, 2016 07:44 am UTC| Commentary Politics

Retired Neuro-Surgeon, Ben Carson has indicated that his campaign might be coming to an end, with him just grabbing 8 delegates so far, compared to 319 grabbed by front runner Donald Trump. We expect Mr. Carson to bid...

US Election Series

US election series: End of Road for Ben Carson

Mar 03, 2016 07:13 am UTC| Commentary Politics

So long Benny. There drops another one. Retired Neuro-Surgeon Bren Carson probably ended his campaign, though he wasnt that explicit after the results were unimpressive for him to continue. After full Super Tuesday...

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Economy

Asian Stocks Mixed as OpenAI Revenue Concerns Hit Chipmakers

Asian stock markets traded unevenly on Friday as semiconductor shares declined following fresh concerns about OpenAIs revenue outlook, while rising oil prices and volatile bond markets weighed on investor sentiment. The...

Gold Prices Rise as Dollar Weakens, Treasury Yields Fall

Gold prices climbed during Asian trading on Friday, supported by a weaker U.S. dollar and falling Treasury yields, as investors assessed inflation concerns driven by rising oil prices and expectations of further Federal...

Asian Currencies Steady as Dollar Eyes Fourth Weekly Gain

Asian currencies traded largely flat on Friday as the U.S. dollar headed for its fourth consecutive weekly gain, supported by expectations that the Federal Reserve could raise interest rates again before the end of 2026....

US, EU Push for Action Against Asia’s Excess Factory Capacity

U.S. Trade Representative Jamieson Greer said Thursday that European Union countries have reached a broad consensus on the need to address global manufacturing overcapacity, particularly in Asia, as concerns grow over its...

Wall Street Falls as Oil Prices Rise and Tech Stocks Slide

Wall Street stocks declined for a second consecutive session on Thursday as rising oil prices, Treasury market volatility, and concerns over OpenAIs revenue outlook weighed on investor sentiment. At 13:07 ET, the SP 500...

Politics

Venezuela’s Machado Calls for Elections by July 2027

Venezuelan opposition leader Maria Corina Machado has called for presidential elections in Venezuela next year, saying the country has sufficient time to organize a vote by July 2027, according to a Financial Times report...

RFK Jr. Launches Nationwide Vaccine Safety Review

US Health Secretary Robert F. Kennedy Jr. has launched a department-wide initiative to investigate and document reported health problems following vaccination, the Department of Health and Human Services (HHS) announced...

Zelenskiy Slams US Over Deadly Russian Strikes on Ukraine

Ukrainian President Volodymyr Zelenskiy criticized the United States for its reluctance to provide additional military support after Russian airstrikes killed dozens of civilians across Ukraine, intensifying tensions over...

Flavio Bolsonaro Leads Lula 49%-45% in Brazil Runoff Poll

Brazilian Senator Flavio Bolsonaro holds a narrow lead over President Luiz Inacio Lula da Silva ahead of the October 25 presidential runoff election, according to a Datafolha poll released Thursday. However, the results...

Trump Buys Up to $25M in Meta Stock, Invests in SpaceX Debt

Meta Platforms (NASDAQ: META) shares briefly climbed more than 1% after President Donald Trumps latest financial disclosure revealed a stock purchase worth up to $25 million. The shares later trimmed their gains as...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Apple Cuts iPhone 18 Pro Production Orders Amid Weak Demand

Apple Inc. (NASDAQ: AAPL) has reportedly instructed several suppliers to reduce component production for its newly released iPhone 18 Pro and iPhone 18 Pro Max, signaling potential challenges for the companys latest...

OpenAI Revenue Hits $50 Billion, Below Earlier $70 Billion Estimate

OpenAI has informed investors that its annualized revenue reached nearly $50 billion in September, significantly below the $70 billion previously indicated, according to a Reuters report on Thursday. The revised figure...

OpenAI Annualized Revenue Hits $50 Billion, Below Earlier Estimates

OpenAIs annualized revenue reached approximately $50 billion by the end of September 2026, significantly below the $70 billion previously reported to investors, according to financial documents reviewed by the Financial...

Oracle Uses Trucked Natural Gas to Power AI Data Centers Amid Pipeline Delays

Oracle Corp. is transporting natural gas by truck to several data centers across the United States as delays in pipeline construction threaten the companys artificial intelligence infrastructure expansion plans, Bloomberg...

Apple Names Steve Smith M&A Chief in Leadership Shakeup

Apple Inc. is making significant changes to its executive leadership, appointing Steve Smith as its new head of mergers and acquisitions (MA) as the technology giant continues restructuring its management team under newly...
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