Category: finance
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Paramount+ Secures UK Rights for Majority of Champions League Matches From 2027
LONDON – U.S. media giant Paramount+ has won the rights to broadcast the majority of UEFA Champions League matches in the United Kingdom from 2027 through 2031, following a competitive auction that saw it surpass the current rights holder, TNT Sports. The announcement was confirmed by UC3, the joint venture between UEFA and European football
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BBC Board Member Shumeet Banerji Resigns Following Controversial Trump Documentary Edit
LONDON – Shumeet Banerji, an independent director on the BBC board, has resigned amid controversy surrounding the broadcaster’s editing of a speech by former U.S. President Donald Trump, which has sparked the threat of a $5 billion lawsuit. Banerji, who also serves on the board of Reliance Industries Ltd and is a former CEO of
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Eurozone Business Activity Shows Steady Growth in November Amid Strong Services Sector
Eurozone business activity continued to expand steadily in November 2025, with the services sector driving growth while manufacturing returned to contraction, according to the latest PMI data from S&P Global. The 20-nation bloc has demonstrated resilience despite ongoing global economic uncertainty, and improving business sentiment suggests that the region’s economic momentum may persist heading into
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Canadian Retail Sales Fall 0.7% in September; October Likely Flat
Canadian Retail Sales Decline by 0.7% in September Amid Weak Auto Sector; October Expected to Remain FlatCanada’s retail sector experienced a noticeable slowdown in September 2025, with total retail sales falling by 0.7% from August, according to Statistics Canada. The decline brought total retail revenue to C$69.81 billion ($49.47 billion), driven primarily by lower sales
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U.S. Judge Presses for Swift Action in Google Ad Tech Monopoly Case
ALEXANDRIA, Virginia, Nov 21, 2025 – A U.S. federal judge overseeing the Department of Justice’s (DOJ) antitrust case against Google has pressed for a rapid resolution, asking how quickly any court-mandated breakup of the tech giant’s advertising business could be implemented. “Time is of the essence,” Judge Leonie Brinkema emphasized on Friday during closing arguments
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Fed’s Lorie Logan Advocates Holding Interest Rates Steady Ahead of December Meeting
WASHINGTON, Nov 21, 2025 – Dallas Federal Reserve President Lorie Logan urged the U.S. central bank on Friday to hold interest rates steady “for a time” as policymakers assess the impact of current borrowing costs on the economy. Her remarks come amid heightened market speculation over a potential rate cut at the Federal Open Market
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Bitcoin Plunges Toward $80,000 as Crypto Market Faces Sharp Selloff
SINGAPORE/LONDON, Nov 21, 2025 – Bitcoin dropped to a seven-month low on Friday, closing near the critical $80,000 level, raising concerns among analysts of potential heavier losses for the world’s largest cryptocurrency. Ethereum also hit a four-month low, highlighting a broader risk-off sentiment in the cryptocurrency market. The fall comes amid growing investor caution over
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Global Equity Funds See Ninth Straight Week of Inflows on Strong Corporate Earnings
NEW YORK, Nov 21, 2025 – Global equity funds attracted net inflows for a ninth consecutive week, fueled by robust corporate earnings and investor confidence across major sectors, according to LSEG Lipper data. Investors continue to focus on strong third-quarter earnings growth, brushing aside concerns over stretched technology valuations and market volatility. During the week
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U.S. Equity Funds See Fifth Consecutive Week of Inflows Amid Strong Earnings
NEW YORK, Nov 21, 2025 – U.S. equity funds attracted net inflows for a fifth consecutive week, driven by strong third-quarter earnings growth and sustained investor confidence in the technology and broader equity markets, according to LSEG Lipper data. Investors poured $4.36 billion into U.S. equity funds for the week ending November 19, a nearly
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AI Stock Rally Shows Cracks as Investors Raise Bubble Concerns
NEW YORK, Nov 21, 2025 – The recent surge in artificial intelligence (AI) stocks is showing signs of strain, raising concerns among investors about whether the market is experiencing a speculative bubble. After months of soaring valuations, some AI and AI-adjacent stocks have experienced sharp pullbacks, prompting a reevaluation of risks and near-term profitability in
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