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Geographical breakdown of cross-border M&A favors developed markets

Mar 25, 2015 06:20 am UTC| Commentary

The geographical breakdown of cross-border MA flows continues to suggest that developed markets (DM) remain the most significant driver for MA activity.Since the start of the year, Europe (which includes non-Euro Area...

Cross-border M&A continues to improve into 2015

Mar 25, 2015 06:14 am UTC| Commentary

2014 was the strongest year for global cross-border MA since the financial crisis with the deal count approaching 2011 levels .This is only the second time since the turn of the millennium that global cross-border deal...

M&A continues to support USD

Mar 25, 2015 06:05 am UTC| Commentary

Bank of America Merrill Lynch says.. In a note published last year we analyzed the impact of cross-border MA activity on currencymarkets. We concluded that the impact of MA is a far more pervasive driver for FX via the...

Daily Economic Outlook: Lloyds Bank

Mar 25, 2015 05:59 am UTC| Commentary

We look for a fifth consecutive rise in the German IFO business survey to 107.4 in March, slightly above the market consensus forecast of 107.3. This would be the highest level for the headline index in eight months and...

East-west divergence in global manufacturing

Mar 25, 2015 05:23 am UTC| Commentary

The euro area continues to have momentum. Manufacturing confidence increased to 51.9 from 51.1, exceeding market expectations (51.5) and reaching its highest level since June 2014. New orders increased even more markedly,...

Economic stimulus programme takes effect in Euro zone

Mar 25, 2015 04:53 am UTC| Commentary

The depreciation of the euro has noticeably improved the price competitiveness of companies producing in the euro zone.This in itself suggests a marked increase of production in the manufacturing sector, which has already...

Diverging perspectives for Euroarea

Mar 25, 2015 04:48 am UTC| Commentary

Nordea Bank notes.. At country level, we expect the German economy to grow by 1½% to 2% in 2015 and 2016. A rising tide lifts all boats, as the saying goes, and so we also expect the French and Italian economies...

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Economy

Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue

The fourth round of Mexico-US trade talks is unlikely to take place next week and could be postponed until October as both countries navigate a busy diplomatic schedule, according to a senior Mexican trade official. Luis...

Australia Unemployment Hits Five-Year High Despite Strong Jobs Growth

Australias labour market delivered mixed signals in August as employment growth comfortably exceeded expectations, while the unemployment rate climbed to its highest level in nearly five years amid increased participation...

Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit

Asian stocks mostly declined on Thursday as surging global bond yields weighed on risk appetite, while investors awaited a closely watched meeting between U.S. President Donald Trump and Chinese President Xi Jinping....

Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets

Gold prices edged lower on Thursday, extending pressure from the previous session as rising Treasury yields, stronger oil prices and a firm U.S. dollar fueled expectations that the Federal Reserve may continue raising...

Asian Currencies Mixed as Dollar Holds Near Two-Month High

Asian currencies traded mixed on Thursday as the U.S. dollar hovered near a two-month high, supported by stronger U.S. economic data, renewed inflation concerns and growing expectations for another Federal Reserve rate...

Politics

OpenAI Agent Breaches Australia Medicare Data Portal

An OpenAI artificial intelligence agent gained unauthorized access to an Australian government Medicare statistics portal, prompting a federal investigation and renewed concerns about the cybersecurity risks posed by...

Taiwan Thanks US for Support Ahead of Trump-Xi Summit

Taiwans government on Thursday expressed gratitude for continued US support and said it remains in close communication with Washington as President Donald Trump prepares to meet Chinese President Xi Jinping in the US...

Netanyahu Takes Aim at Mamdani as Israel Election Nears

Israeli Prime Minister Benjamin Netanyahu is expected to use his United Nations address on Thursday to criticize New York Mayor Zohran Mamdani, as the Israeli leader faces international pressure and a closely watched...

Russian Missile and Drone Attack on Kyiv Kills Two, Damages Maternity Hospital

Russia launched a major missile and drone attack on Kyiv early Thursday, killing two people and damaging residential buildings, medical facilities and other infrastructure across the Ukrainian capital, according to...

Judge Orders Trump to Restore White House Access for CNN, MS NOW and Politico

A federal judge on Thursday ordered President Donald Trumps administration to temporarily restore White House press access for journalists from CNN, MS NOW and Politico, ruling that the administrations ban on the three...

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

Tencent Launches TenPayGo Payment App for Foreign Tourists in China

Tencent has launched TenPayGo, a new mobile payment app designed to make digital transactions easier for international travelers visiting China, as the technology giant looks to benefit from growing inbound tourism ahead...

China’s ‘Lipstick King’ Says AI Won’t Replace Livestream Hosts

Chinas livestream shopping industry is entering a slower phase, but Li Jiaqi, the influential presenter known as the Lipstick King, believes artificial intelligence will complement rather than replace human hosts. Li, who...

Meta Unveils Muse Charm AI Device, Expands Smart Glasses Lineup

Meta Platforms (NASDAQ: META) unveiled a palm-sized device designed specifically for its Muse artificial intelligence agent on Wednesday, alongside an expanded lineup of smart glasses and new AI capabilities. CEO Mark...

SoftBank Raises $11.1 Billion in Bond Sale to Fund OpenAI Investment

SoftBank Group has raised $11.1 billion through a major dollar- and euro-denominated bond offering as the Japanese technology investment giant builds up cash to finance its expanding artificial intelligence investments,...

Meta Connect Spotlights Camera-Free Smart Glasses Amid Privacy Concerns

Meta Platforms opened its annual Connect conference on Wednesday, with the technology giant expected to introduce new smart glasses as it seeks to expand its lead in AI-powered wearable devices while addressing mounting...
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