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Apple to enter low-cost laptop market with budget Mac, Bloomberg News reports
Reuters· 2025-11-04 17:52
Core Viewpoint - Apple is set to enter the low-cost laptop market by launching a budget Mac in the first half of next year [1] Group 1 - The budget Mac will mark Apple's first foray into the low-cost laptop segment [1]
Jeffrey Epstein had accounts with Goldman Sachs and HSBC, documents show
Reuters· 2025-11-04 17:20
Jeffrey Epstein, the disgraced late financier and sex offender, had accounts at Goldman Sachs , HSBC and other banks, new court filings show. ...
MMG's Anglo American deal may divert nickel from Europe, EU warns
Reuters· 2025-11-04 17:11
Hong Kong-listed mining and metals company MMG's plan to buy Anglo American's Brazilian nickel business could enable MMG to divert ferronickel from Europe and hurt European stainless steel production, EU antitrust regulators said on Tuesday. ...
Some UBS capital rules should be softened, lawmakers tell Swiss government
Reuters· 2025-11-04 16:57
Core Viewpoint - A Swiss parliamentary committee has stated that capital requirements for UBS should not exceed those in other major financial centers, indicating increased pressure on the government to reconsider proposed regulations [1] Group 1 - The Swiss parliamentary committee's stance reflects a growing concern regarding the competitive positioning of UBS in the global financial landscape [1] - The committee's recommendation aims to ensure that UBS remains on par with its peers in other financial hubs, potentially influencing future regulatory frameworks [1] - This development may lead to a reassessment of the proposed capital requirements, which could have significant implications for UBS's operational strategy and financial health [1]
US motor vehicle sales drop in October as EV subsidies expire
Reuters· 2025-11-04 16:50
Sales of U.S. light vehicles fell in October as the expiration of federal government subsidies undercut demand for battery-powered electric cars, and an easing labor market and looming higher prices from tariffs could limit any rebound this year. ...
OPEC oil output rises by 30,000 bpd in October, survey finds
Reuters· 2025-11-04 16:46
OPEC's oil output rose further in October after an OPEC+ agreement to raise production, a Reuters survey found on Tuesday, though the scale of the increase slowed sharply from September and the summer months. ...
Exclusive: How BP won its $1 billion-plus case against Venture Global
Reuters· 2025-11-04 16:34
Oil major BP won its $1 billion-plus arbitration case against liquefied natural gas producer Venture Global with an argument of unfair behaviour by the U.S. company, said five sources close to the mat... ...
Delaware judge does not see current need for court in Metsera bidding war between Pfizer and Novo
Reuters· 2025-11-04 16:29
A Delaware judge said on Tuesday she did not see in a preliminary evaluation the need to involve the court in the bidding war for Metsera between Pfizer and Novo Nordisk, but did schedule another hearing for 3:15 pm ET on Wednesday to review the process. ...
Lilly and Novo Nordisk near White House deal on obesity drug prices, Endpoints New reports
Reuters· 2025-11-04 15:44
Eli Lilly and Novo Nordisk are preparing to announce new drug pricing deals with the White House, including for their blockbuster weight loss drugs, in return for coverage of products under Medicare, ... ...
CEO vacancy at Primark spurs AB Foods spin-off review
Reuters· 2025-11-04 15:29
Core Viewpoint - The recent vacancy for a CEO at Primark has prompted a renewed review of the potential spin-off from its parent company, Associated British Foods, after years of resistance [1] Company Summary - Primark is experiencing significant scale and growth potential, which has led to discussions about its independence from Associated British Foods [1]