Core Viewpoint - Turkey's central bank has continued its trend of reducing borrowing costs, marking the fifth consecutive meeting where the benchmark rate has been cut to 37% from the previous 38.0% [1] Group 1 - The central bank's decision reflects an ongoing strategy to lower interest rates in response to economic conditions [1] - The reduction in the benchmark rate is part of a broader monetary policy aimed at stimulating economic growth [1] - This move may influence borrowing and spending behaviors within the Turkish economy [1]

Core Viewpoint - Shares in Paris fell more than 30% as investors reacted to Ubisoft's announcement regarding the discontinuation and postponement of several games, studio closures, and reduced financial targets [1] Company Summary - Ubisoft announced plans that include the discontinuation of several games, which has led to a significant drop in investor confidence [1] - The company is also postponing the release of certain titles, further impacting its market position and future revenue projections [1] - Studio closures are part of the restructuring efforts, indicating a shift in operational strategy to address financial challenges [1] - Financial targets have been cut, reflecting a more conservative outlook on revenue and profitability moving forward [1]

Core Viewpoint - Moody's Ratings has downgraded the Japanese motor maker's credit rating to non-investment grade due to concerns regarding the reliability of its financial disclosures and governance risks [1] Company Summary - The Japanese motor maker's credit rating has been affected by uncertainty surrounding its financial disclosures [1] - Governance risks have been identified as a significant factor in the downgrade of the company's credit rating [1]

Core Insights - Companies like Halliburton and SLB have become lean and efficient due to years of discipline [1] Group 1 - Halliburton has implemented strategies that enhance operational efficiency [1] - SLB has also focused on streamlining processes to improve profitability [1] - The trend towards efficiency in these companies reflects broader industry practices [1]

Group 1 - The German automaker's cash flow and liquidity exceeded guidance last year [1] - The company received a boost after Trump walked back from plans to impose tariffs on European goods [1]

Group 1 - The new company will leverage Fuso's expertise in bus design, development, and manufacturing [1] - Foxconn's zero-emission vehicle technology will be integrated into the new company's offerings [1] - The collaboration will utilize Foxconn's global network to enhance market reach [1]

Group 1 - U.S. equities experienced a significant rally, continuing the upward trend observed on Wednesday [1] - The premarket gains in U.S. equities were supported by broad increases in Asian markets [1] - A strong opening in European markets also contributed to the positive momentum in U.S. equities [1]

Group 1 - The London-listed company believes that the cash bid significantly undervalues Beazley and its long-term prospects [1]

Global stocks gain after President Trump calls off new tariffs on Europe ...

Group 1 - Altice rejected a joint nonbinding offer from three companies to acquire a significant portion of its business valued at $19.87 billion in October [1]