Category: finance
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AstraZeneca to Invest $2 Billion in U.S. Manufacturing Expansion
BALTIMORE, Nov 21, 2025 – AstraZeneca (AZN.L) announced on Friday that it will invest $2 billion to expand its manufacturing operations in Maryland, part of its broader $50 billion U.S. investment plan aimed at boosting manufacturing and research capabilities by 2030. This move aligns with ongoing calls from U.S. policymakers, including former President Donald Trump,
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Moody’s Upgrades Italy’s Sovereign Rating for First Time in 23 Years
MILAN, Nov 21, 2025 – Global credit ratings agency Moody’s upgraded Italy’s sovereign rating from Baa3 to Baa2, marking the country’s first rating increase in 23 years. The decision reflects Italy’s consistent political stability, fiscal discipline, and progress in economic reforms, according to Moody’s. Moody’s Cites Policy Stability and Fiscal Progress In its statement, Moody’s
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Moody’s Affirms UK’s Aa3 Credit Rating Ahead of 2026 Budget
LONDON, Nov 21, 2025 – Global credit rating agency Moody’s has affirmed the United Kingdom’s Aa3 rating, citing the nation’s strong economic fundamentals and the government’s commitment to reducing its budget deficit. The ratings agency also maintained the UK’s outlook at “stable”, ahead of Chancellor Rachel Reeves’ second annual budget scheduled for November 26, 2025.
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Argentina Denies $20 Billion Bailout Discussions with U.S. Banks
BUENOS AIRES, Nov 21, 2025 – Argentina’s Economy Minister Luis Caputo clarified on Friday that the government did not hold discussions with U.S. banks regarding a $20 billion bailout, contradicting reports from the Wall Street Journal. The news comes amid heightened scrutiny of Argentina’s financial stability and its relationship with major international lenders. Caputo took
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Warner Bros Discovery Bids Face Political and Regulatory Challenges
The race to acquire Warner Bros Discovery (WBD) has intensified, with Paramount Skydance, Comcast, and Netflix all submitting bids. However, each potential deal faces a unique set of political and regulatory hurdles that could shape the future of the media and entertainment landscape. Bidders must navigate U.S. antitrust laws, foreign investment reviews, and political scrutiny,
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Fed Rate Cut Debate Intensifies After Williams Signals Near-Term Interest Rate Reduction
The debate over the Federal Reserve’s next interest rate move has intensified after New York Fed President John Williams suggested that the central bank could consider lowering rates in the near term. Speaking at a conference hosted by the Central Bank of Chile on Friday, Williams, who is a permanent voter on the Federal Open
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Red Cross to Cut Nearly 3,000 Jobs and Scale Back Budget Amid Donor Fatigue
The International Committee of the Red Cross (ICRC) has announced significant cost-cutting measures in response to a deepening financial crisis. The humanitarian organization will reduce its 2026 budget by nearly 20% to 1.8 billion Swiss francs (approximately $2.2 billion) and cut 2,900 jobs, representing roughly 15% of its global workforce of 18,500. This move comes
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Leicester Tigers Extend Perfect Prem Rugby Cup Record with Moro Double Against Northampton Saints
Leicester Tigers maintained their unbeaten start in the Prem Rugby Cup with a 34-22 victory over East Midlands rivals Northampton Saints at Mattioli Woods Welford Road on November 21, 2025. Argentina international Joaquin Moro starred for the Tigers, scoring two first-half tries that helped set the tone for a commanding win. Moro’s First-Half Brilliance The
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Bill Ackman Considers Dual Public Offerings for Pershing Square and New Fund
Billionaire investor Bill Ackman is reportedly planning to take both his hedge fund firm, Pershing Square Capital Management, and a new investment vehicle, Pershing Square USA, public early next year, according to the Wall Street Journal, citing sources familiar with the matter. The proposed move would mark a major milestone for Ackman, whose high-profile activist
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Leicester Tigers Maintain Perfect Prem Rugby Cup Start with Double from Joaquin Moro
Leicester Tigers extended their unbeaten run in the Prem Rugby Cup with a commanding 34-22 victory over fierce rivals Northampton Saints at Mattioli Woods Welford Road on November 21, 2025. Argentina international Joaquin Moro starred for the home side, scoring two crucial first-half tries that set the tone for the Tigers’ fourth consecutive win in
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