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Exclusive: Morgan Stanley seen as front-runner for SpaceX IPO, sources say
Reuters· 2025-12-19 17:43
Morgan Stanley is emerging as a leading contender for a key role in SpaceX's blockbuster initial public offering, as the bank's close ties to CEO Elon Musk give it an edge in his decision, according t... ...
UK stocks muted near multi-week highs as retail sales, consumer sentiment sag
Reuters· 2025-12-19 17:12
UK stocks paused on Friday near multi-week highs as weakness in homebuilder shares weighed following retail sales and consumer sentiment data that pointed to an economic slowdown. ...
Nvidia-Intel deal cleared by US antitrust agencies
Reuters· 2025-12-19 17:04
U.S. antitrust agencies have cleared Nvidia's investment in Intel , according to a notice posted by the U.S. Federal Trade Commission. ...
UniCredit issues its first tokenised structured note
Reuters· 2025-12-19 16:42
Italian bank UniCredit said on Friday it had issued its first tokenised structured note for private investors, a week after issuing its first tokenised minibond together with state lender Cassa Deposi... ...
Paychex's higher quarterly expenses overshadow annual earnings forecast raise
Reuters· 2025-12-19 16:03
Payroll services provider Paychex reported higher expenses for the second quarter on Friday, taking the shine off its raise in annual adjusted earnings growth forecast. ...
Union Pacific kicks off regulatory review for $85 bln coast‑to‑coast rail merger
Reuters· 2025-12-19 15:44
Union Pacific and Norfolk Southern on Friday filed a nearly 7,000page merger application with the U.S. Surface Transportation Board (STB), triggering a 30day period in which the regulator can seek m... ...
US lawmakers urge Pentagon to add DeepSeek, Xiaomi to list of firms allegedly aiding Chinese military
Reuters· 2025-12-19 15:18
A group of nine U.S. lawmakers sent a letter to U.S. Secretary of Defense Pete Hegseth this week urging the Pentagon to add a slew of Chinese technology firms to a list of entities allegedly assisting... ...
Fed seeks feedback on limited 'payment accounts' for some firms
Reuters· 2025-12-19 15:04
The U.S. Federal Reserve announced Friday it was seeking feedback on establishing limited "payment accounts" for some financial firms, that would grant access to Fed payments services for clearing and settling payments, but without the broader set of benefits currently provided to banks. ...
Mexican airline Volaris' shares take off after merger plans with Viva Aerobus
Reuters· 2025-12-19 14:47
Shares in Mexican airline Volaris jumped nearly 20% in early trading on Friday after plans to create a joint airline group with rival Viva Aerobus were announced. ...
Visa, Mastercard to pay $167.5 million in ATM user fee settlement
Reuters· 2025-12-19 14:39
Visa and Mastercard have agreed to pay a combined $167.5 million to settle a class action lawsuit accusing them of conspiring to keep ATM access fees artificially high. ...