Lazard Exceeds Q3 Profit Forecast as M&A and Asset Management Surge Lazard Surpasses Q3 Profit Estimates Amid Global Dealmaking Revival October 23, 2025 — Global financial advisory and asset management firm Lazard Ltd (NYSE: LAZ) outperformed Wall Street expectations for its third-quarter profit, driven by a sharp rebound in mergers and acquisitions (M&A) and record…

Read more...

MercadoLibre and Casas Bahia Announce Strategic Partnership to Boost E-Commerce in Brazil SAO PAULO, October 23, 2025 — Latin American e-commerce giant MercadoLibre (MELI.O) announced a new long-term commercial partnership with Brazilian retail leader Casas Bahia (BHIA3.SA) that will allow MercadoLibre to sell Casas Bahia’s products directly on its platform starting in November 2025. The…

Read more...

Eli Lilly and Cipla Join Forces to Launch New Weight-Loss Drug “Yurpeak” in India BENGALURU, October 23, 2025 — In a major development for India’s pharmaceutical and healthcare sectors, Eli Lilly and Company (LLY.N) has entered into a strategic partnership with Indian drugmaker Cipla Ltd. (CIPL.NS) to market its globally popular weight-loss and diabetes treatment…

Read more...

Rupee Trades in Tight Range Amid Mixed Market Forces MUMBAI, October 23, 2025 — The Indian rupee remained trapped in a narrow trading range on Thursday, as foreign equity inflows and dollar-selling by state-run banks balanced out importer hedging demand for the U.S. dollar. The local currency eventually closed marginally higher, continuing its recent pattern…

Read more...

Wall Street Futures Muted as Tesla and IBM Results Disappoint Investors NEW YORK, October 23, 2025 — U.S. stock futures were subdued on Thursday, as disappointing earnings from Tesla and IBM weighed on investor sentiment. Meanwhile, escalating U.S.-China trade tensions and a lack of key economic data due to the ongoing government shutdown added to…

Read more...

Atlas Copco’s Q3 Profit Dips Less Than Expected, Demand Seen Steady Short-Term STOCKHOLM, October 23, 2025 — Swedish industrial powerhouse Atlas Copco (ATCOa.ST) reported a slight decline in third-quarter profit on Thursday, though the results came in better than analysts expected. The company said that global customer demand remains stable in the short term, signaling…

Read more...

Swiss National Bank Maintains 0% Rate, Expresses Confidence in Inflation Outlook ZURICH, October 23, 2025 — The Swiss National Bank (SNB) remains confident that inflation will stay within its 0–2% target range, according to the minutes of its most recent monetary policy meeting released on Thursday. The central bank reiterated that there was no need…

Read more...

Nokia CEO Says AI Marks the Start of a Global Supercycle ESPOO, Finland, October 23, 2025 — Nokia CEO Justin Hotard believes the ongoing surge in artificial intelligence investment marks the beginning of a long-term “AI supercycle” comparable to the internet revolution of the 1990s. In an interview with Reuters, Hotard said that while some…

Read more...

Taiwan Confident in Surpassing 3% Growth Target in 2026 TAIPEI, October 23, 2025 — Taiwan’s government expects its economy to expand by more than 3% in 2026, boosted by booming global demand for artificial intelligence (AI) applications and continued strength in the semiconductor industry, according to Economic Affairs Minister Kung Ming-hsin. Speaking to reporters in…

Read more...