With a view to avoiding a U.S. government ban for TikTok, its Chinese owner ByteDance Ltd. signed binding agreements, backed by President Donald Trump, with three managing investors to form a joint venture to operate the U.S. operations of the video-sharing app, media reported citing a memo. With the deal, the social video platform, which is used regularly by more than 170 million Americans...
Professional services company Accenture plc (ACN) reported Thursday weak profit in its first quarter, while adjusted earnings and top line beat market estimates. Further, the firm issued second-quarter revenue view, and trimmed fiscal 2026 earnings view on a reported basis. However, the firm maintained annual forecast for adjusted earnings and revenue growth.
The Reserve Bank of Australia will on Tuesday release the minutes from its Dec. 8 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity. At the meeting, the RBA maintained interest rates at 3.60 percent for a third consecutive month as widely anticipated, while cautioning...
The UK economy registered a meager growth as initially estimated in the third quarter, the Office for National Statistics said on Monday. Gross domestic product grew by unrevised 0.1 percent sequentially, following the second quarter's 0.2 percent expansion. The growth was driven by increases in services and construction, while industrial output contracted.
China maintained its benchmark interest rates for the seventh straight month, as widely expected, on Monday. The People's Bank of China left its one-year loan prime rate unchanged at 3.0 percent on Monday. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.50 percent. The bank had reduced its both LPRs by quarter points in October 2024.
The UK has committed to provide 600 million pounds worth of air-defense capabilities, including cutting edge turrets that can shoot down Russian drones to support Ukraine through the winter. The air defense package for Ukraine comes as Russia's aerial strikes plunges homes, hospitals, and power stations into darkness. The announcement came as UK Defense Secretary John Healey and his German coun
G7 Foreign Ministers have called on China to release Hong Kong pro-democracy media tycoon and politician Jimmy Lai, who was found guilty under the controversial national security law. The Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States and the High...
President Donald Trump has announced that he is ordering "a total and complete blockade of all sanctioned oil tankers going into, and out of, Venezuela." In a lengthy statement he posted on Truth Social Tuesday, Trump said he is designating the Nicolas Maduro regime in Venezuela a foreign terrorist organization "For the theft of our assets, and many other reasons, including terrorism, drug smuggl
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as the markets extend their gains boosted continued strength among technology stocks. Major currencies in the region also strengthened against the US dollar. Asian markets closed mostly higher on Monday.
The Hong Kong stock market has moved higher in four straight sessions, collecting more than 560 points or 2.2 percent in that span. The Hang Seng Index now sits just above the 25,800-point plateau and it may see additional support on Tuesday. The global forecast for the Asian markets is mixed to...
The China stock market has moved higher in four straight sessions, advancing more than 90 points or 2.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,920-point plateau and it has a solid lead for Tuesday's trade. The global forecast for the Asian markets is mixed...
Upcoming Eurozone and UK Flash Purchasing Managers' survey results will be in focus on Tuesday. At 2.00 am ET, the Office for National Statistics will release the UK unemployment data. The jobless rate is forecast to rise to 5.1 percent in the three months to October from 5.0 percent in the preceding period.
The UK unemployment rate rose slightly in the three months to October, the Office for National Statistics said on Tuesday. The jobless rate climbed to 5.1 percent in the three months to October from 5.0 percent in the preceding period. In the three months to October, average earnings excluding bonuses grew 4.6 percent from the prior year, which was slightly faster than the forecast of 4.5 percent.
Asian stocks fell broadly on Tuesday as investors awaited crucial U.S. jobs and inflation readings for additional clues on the Fed's rate trajectory in the new year. The November jobs report due later in the day will also include an estimate of October payrolls that were delayed by the government...
European stocks were subdued on Tuesday ahead of the release of Eurozone business activity data later in the day. The U.S. nonfarm payroll report for October and November will garner attention in the New York session. The U.K. unemployment rate rose slightly in the three months to October, the...
Sidus Space, Inc. (SIDU) shares surged 107.83 percent, or $1.25, to $2.41 on Monday, after the company announced it was selected as a contract awardee under the Missile Defense Agency's Scalable Homeland Innovative Enterprise Layered Defense program.
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.
Sentiment in global markets remains diverse as markets digest the cooling in U.S.CPI, the widely expected rate hike by Bank of Japan, as well as rising prospects of a Russia-Ukraine peace deal.
President Donald Trump has signed a Presidential Memorandum directing immediate planning to relocate Federal systems currently using the 7.125-7.4 GHz band of spectrum so it can be cleared for full-power commercial 6G use. Federal agencies have been given 12 months to submit relocation plans that protect national security missions while freeing this prime spectrum for American industry. The Memo
President Donald Trump has signed a Proclamation expanding full restrictions and entry limitations of nationals from 39 countries "to protect U.S. national security and public safety interests." Homeland Security Secretary Kristi Noem had said earlier this month that the U.S. Government was planning to widen the travel ban that Trump announced on 19 countries to more than 30. In a proclamation h
President Donald Trump has signed an Executive Order designating illicit fentanyl and its core precursor chemical as weapons of mass destruction. The Order directs the Attorney General to immediately pursue criminal charges, sentencing enhancements, and sentencing variances in fentanyl trafficking cases. Trump ordered the Secretary of State and the Secretary of the Treasury to pursue appropriate
As we enter the final month of the year, it is a good time to review the biotech and pharmaceutical companies with drug candidates pending FDA decisions and see what's ahead on the regulatory front this December.
Consumer sentiment in the U.S. rebounded by less than previously estimates in the month of December, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for December was downwardly revised to 52.9 from a preliminary reading of 53.3. Economists had expected the index to be upwardly revised to 53.4.
Existing home sales in the U.S. saw a modest increase in the month of November, the National Association of Realtors revealed in a report released on Friday. NAR said existing home sales rose by 0.5 percent to an annual rate of 4.13 million in November after jumping by 1.5 percent to an upwardly revised rate of 4.10 million in October.
The World Health Organization has warned that amid an early start to the Northern Hemisphere influenza season, a new variant of the virus is rapidly gaining ground. Influenza and other respiratory viruses are surging, Dr Wenqing Zhang, Unit Head for Global Respiratory Threats at the Department of...
A new EU-funded report confirms that urgent bloc-level action is needed to tackle cardiovascular diseases, which is the European Union's number one killer. The 'State of Cardiovascular Health in the EU' report reveals that cardiovascular diseases are the leading cause of death and disability in the EU, accounting for one-third of all annual deaths and affecting over 60 million people. These fi
New analysis from the World Health Organization's global expert committee on vaccine safety has found that, based on available evidence, there is no link between vaccines and autism spectrum disorders, or ASD. The conclusion reaffirms WHO's position that childhood vaccines do not cause autism. The...
The European Commission and the World Health Organization have signed a 3.5 million EURO agreement under the EU4Health program to strengthen the global response to antimicrobial resistance. This partnership will support the WHO in monitoring the development of antimicrobials and medical countermeasures,...
Meaicezli Play Purse Sets have been recalled due to serious safety concerns involving accessible button cell and coin batteries, according to a recall notice issued on December 18, 2025.
JOKOSIS has announced a recall of its Bed Rail, model HC0262, urging consumers to stop using the product immediately.
A court in Paris has denied the French government's request to temporarily shut down Shein's website after allegations surfaced that the fast-fashion retailer sold childlike sex dolls.
The Australian stock market is sharply expending the early gains in mid-market trading on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,750 level, with gains across most sectors led by financial and technology stocks.