TSX Rises on Tech and Materials Sectors October 30, 2025 – Canada’s main stock index, the S&P/TSX Composite Index, inched upward on Thursday, buoyed by gains in the technology and materials sectors, as investors digested the tempered outlook for interest rate cuts in both Canada and the United States. The positive sentiment was further supported

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Abu Dhabi’s Lunate and BlackRock’s HPS Launch $1 Billion Investment Platform October 30, 2025 – Abu Dhabi-based investment firm Lunate will commit $1 billion to a new investment platform launched in partnership with BlackRock-owned HPS Investment Partners, aimed at investing in large corporates across North America and Europe. The announcement marks a major collaboration in

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S&P Global Boosts Annual Earnings Outlook Amid Strong Bond Market Activity October 30, 2025 – Reuters – S&P Global (NYSE: SPGI) has raised its annual earnings forecast, reflecting robust growth in its ratings business driven by strong corporate bond issuance. The company’s stock surged 2.4% in pre-market trading following the announcement, highlighting investor confidence in

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The European Central Bank (ECB) maintained its key interest rates at 2% on Thursday, in a widely expected decision, while providing no clear guidance on its next policy moves. Despite speculation from investors about a potential future rate cut, ECB policymakers signaled that the central bank will continue its wait-and-see approach amid ongoing economic resilience

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European financial markets remained largely steady on Thursday as the European Central Bank (ECB) kept interest rates unchanged at 2%, signaling continued confidence in the region’s low inflation and stable economic growth. Investors across stocks, bonds, and currencies maintained a cautious but calm stance amid the central bank’s neutral policy message. ECB Holds Rates Unchanged

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Wall Street began Thursday trading with a decline, as investors digested a mix of earnings reports from major technology companies alongside cautious remarks from Federal Reserve Chair Jerome Powell, which raised doubts about potential interest rate cuts later this year. At the market open, the Dow Jones Industrial Average (DJIA) dropped 196.40 points, a 0.41%

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Meta Platforms Plans Major Bond Offering BARCELONA, October 30, 2025 — Meta Platforms Inc (NASDAQ: META), the parent company of Facebook and Instagram, is reportedly aiming to raise at least $25 billion through a new bond sale, Bloomberg News reported Thursday, citing sources familiar with the matter. The six-part bond offering includes maturities ranging from

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Cigna Flags Margin Pressure in Evernorth Pharmacy Benefit Business NEW YORK, October 30, 2025 — Cigna Group (NYSE: CI) has warned investors that its pharmacy benefit management (PBM) business will face margin pressure over the next two years, as the company transitions some customers to a new model that eliminates after-market prescription drug rebates. The

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Nigeria Introduces 15% Import Duty on Petrol and Diesel LAGOS, October 30, 2025 — Nigeria has implemented a 15% import duty on petrol and diesel, a move aimed at supporting domestic refiners and promoting fuel self-sufficiency, according to a presidential memo obtained by Reuters. The new measure, signed off by President Bola Tinubu on October

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Turkish Monthly Inflation Forecasted at 2.83% Amid Food and Clothing Price Hikes ISTANBUL, October 30, 2025 — Turkey’s monthly inflation rate is projected to reach 2.83% in October, slightly easing from 3.23% in September, according to a Reuters poll of ten economists. Despite the monthly moderation, the annual inflation rate is forecast to remain elevated

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