By Robert Harvey and Enes Tunagur (Reuters) -Oil prices were set for their biggest weekly rise in almost two months on Friday, gaining 4% as an intensifying war in Ukraine returned a geopolitical risk premium to the market. Brent crude futures had pared 9 cents to $74.14 a barrel by 1418 GMT. U.S. West Texas…
(Reuters) -Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages. They expect U.S. President-elect Donald Trump’s proposed tariffs to fuel volatility across global markets, spurring inflationary pressures and, in turn, limiting the scope for major central banks to ease monetary policy. World economies and equity markets have had…
Investing.com – KeyBanc Capital Markets on Friday revised ratings and price target on industrial sector stocks following a mixed third quarter earnings, as companies navigate macroeconomic conditions, with management flagging about visibility into 2025. KeyBanc upgraded RBC Bearings Incorporated (NYSE:RBC) to “overweight” from “sector weight,” citing expected benefits from an aerospace rebound, robust defense demand, and…
In “Wicked,” Elphaba and Glinda travel from Shiz University to the Emerald City on a glistening green train to meet the wizard. In real life, Cynthia Erivo and Ariana Grande have traveled much farther and wider and longer — and on airplanes — to promote their hotly anticipated film. The Oscars. The Met Gala. CinemaCon…
“Barbenheimer” was a phenomenon impossible to manufacture. But, more than a year later, that hasn’t stopped people from trying to make “Glicked” — or even “Babyratu” — happen. The counterprogramming of “Barbie” and “Oppenheimer” in July 2023 hit a nerve culturally and had the receipts to back it up. Unlike so many things that begin…
PORTLAND, Ore. (AP) — Drug reform advocates hailed Oregon as a progressive leader when it became the first in the nation to legalize the therapeutic use of psilocybin, the compound found in psychedelic mushrooms. But four years later, voters in a growing list of its cities have banned the substance. Four cities, spanning Portland suburbs…
BAKU, Azerbaijan (AP) — Activists and experts who are pushing world leaders to save an overheating planet learned it’s not so easy, even in a simulated world. The Associated Press brought the board game Daybreak to the United Nations climate negotiations in Baku, Azerbaijan. Experts from three countries were asked to play the game, which…
BAKU, Azerbaijan (AP) — Pragnya Mohan has been a professional triathlete for nearly a decade, but summers in her native India are now so hot that she can’t train there anymore. She escaped the heat to train in the United Kingdom, but worries about a day when a warming world kills her sport entirely. American…
Investing.com — Baidu (NASDAQ:BIDU) US-listed shares fell nearly 3% in premarket trading Friday after Barclays (LON:BARC) analysts downgraded the stock to Equal Weight from Overweight and cut the price target from to $83 from $115. The revision comes amid pressures from the Chinese internet giant’s growing focus on generative AI, which “exacerbates pressure” on advertising…
Investing.com — Barclays analysts are bullish on Novo Nordisk (NYSE:NVO) stock ahead of the December release of pivotal clinical trial data for its next-generation obesity treatment, CagriSema. The results of the REDEFINE-1 Phase 3 trial could, according to Barclays (LON:BARC), “redefine the obesity landscape” and provide a much-needed boost to the company’s stock, which has faced…
