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Category: SRN News

Nasdaq futures drop over 1% as AI worries resurface, oil climbs

Oct 22 (Reuters) – Nasdaq futures slid more than 1% on Thursday as high-growth stocks faced renewed pressure after earnings from Tesla and Meta Platforms did little to allay concerns over AI spending, while a rebound in oil prices further dampened sentiment. The weakness follows…

Italy, Spain lift border controls brought in after Ceuta migrant rush

ROME, Oct 22 (Reuters) – Italy and Spain have agreed to lift border controls on each other’s citizens, the interior ministry in Rome said on Friday, ending a three-month dispute triggered by the rush of migrants into the Spanish enclave of Ceuta. Italy’s right-wing government…

LSEG to buy Octus in $3.5 billion mega data analytics deal

Oct 22 (Reuters) – The London Stock Exchange Group on Thursday agreed to buy financial data firm Octus for about $3.54 billion, its biggest acquisition since the 2019 deal for Refinitiv as the group seeks to cement its stronghold in data and analytics. LSEG, which…

NBA roundup: Wolves’ Anthony Edwards puts up 45 to beat Giannis, Heat

By Field Level Media Oct 22 (Field Level Media) – Anthony Edwards scored 45 points as he and the visiting Minnesota Timberwolves spoiled Giannis Antetokounmpo’s debut with the Miami Heat in an emphatic 131-106 season-opening win Wednesday night. Edwards became just the third player in…

Norway’s wealth fund posts $30 billion loss in third quarter

OSLO, Oct 22 (Reuters) – Norway’s $2.3 trillion sovereign wealth fund, the world’s largest, reported on Thursday a loss of 278 billion Norwegian crowns ($29.71 billion) for the third quarter, with a return of minus 0.5% on its global investments.  “The fund’s return was close…

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