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Ferragamo family reiterates it is not interested in any "extraordinary" deals
Reuters· 2025-09-19 14:41
The Ferragamo family said on Friday it was not interested in any kind of "extraordinary transactions" involving the eponymous luxury company. ...
Swedish central bank seen on hold next week, but rate cut not ruled out, Reuters poll shows
Reuters· 2025-09-19 13:43
Sweden's central bank is expected to keep its policy rate on hold next week, but polled analysts were almost evenly divided between those expecting no change from 2.00% and those seeing a cut to 1.75%. ...
US SEC chair says markets can decide 'cadence' of company reports
Reuters· 2025-09-19 13:35
Investors and banks are likely to help set any new timeline for public company reporting as regulators press ahead on President Donald Trump's bid to end quarterly reports, U.S. Securities and Exchange Commission Chairman Paul Atkins told CNBC on Friday. ...
OpenAI taps Apple supplier to make AI device, the Information reports
Reuters· 2025-09-19 13:30
OpenAI has signed a deal with Apple device assembler, Luxshare , to make a consumer device, the Information reported on Friday, citing people familiar with the matter. ...
EMA committee recommends approval for injectable version of Merck's Keytruda
Reuters· 2025-09-19 11:15
Core Viewpoint - The European Medicines Agency's committee has recommended the approval of a new formulation of Merck's cancer therapy Keytruda, which can be administered subcutaneously, potentially enhancing patient convenience and treatment adherence [1] Company Summary - Merck's Keytruda is a leading cancer therapy, and the new formulation aims to provide an alternative administration route that may improve patient experience [1] Industry Summary - The approval of subcutaneous formulations in cancer therapies reflects a growing trend in the pharmaceutical industry to enhance drug delivery methods, which could lead to increased market competitiveness and patient accessibility [1]
Apple used AI to uncover new blood pressure notification feature in Watch
Reuters· 2025-09-19 11:04
Apple Watch Series 11 models that go on sale on Friday can notify users that they may have high blood pressure, in a feature the company has powered using artificial intelligence rather than a blood p... ...
EU ministers seek agreement on digital euro to be independent of Visa and Mastercard
Reuters· 2025-09-19 10:16
Core Viewpoint - The European Union finance ministers are aiming to establish a unified stance on the creation of a digital euro currency, which could serve as an alternative to the currently dominant U.S.-based payment systems like Visa and MasterCard [1] Group 1 - The digital euro currency initiative is part of the EU's broader strategy to enhance its financial sovereignty and reduce reliance on foreign payment systems [1] - The discussions among finance ministers are expected to focus on the technical and regulatory frameworks necessary for the implementation of the digital euro [1] - The potential launch of a digital euro could significantly impact the European payment landscape, providing consumers and businesses with more options [1]
Wall St Week Ahead US housing shares shine as Fed restarts rate cuts
Reuters· 2025-09-19 10:06
Core Viewpoint - The U.S. Federal Reserve's decision to restart interest rate cuts is expected to benefit housing shares, which have shown positive movement in recent weeks as markets anticipate more monetary easing [1] Group 1: Impact on Housing Shares - Housing shares are identified as a sector that may gain from the Federal Reserve's interest rate cuts [1] - Recent weeks have seen an uptick in housing shares as the market adjusts to the prospect of increased monetary easing [1]
Credit Agricole working with DB, Rothschild on possible Banco BPM deal, sources say
Reuters· 2025-09-19 09:31
Credit Agricole has been working with Deutsche Bank and Rothschild on a potential merger deal of its Italian arm with Banco BPM , three sources said. ...
Fed resumes easing path, other major central banks on hold
Reuters· 2025-09-19 09:27
The U.S. Federal Reserve has delivered its first rate cut since December, diverging from most other major central banks that have kept interest rates unchanged. ...