London, UK – London stocks eased on Friday, as the blue-chip FTSE 100 and the mid-cap FTSE 250 indices cooled off following a record-breaking rally in October. Investors remained cautious ahead of the Bank of England’s monetary policy decision next month and the UK government’s budget announcement later in November, which could include potential tax

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New York, USA – First Guaranty Bancshares (FGBI.O) posted a net loss of $45 million for the third quarter, as the regional lender increased reserves for potential loan losses linked to a bankrupt auto parts manufacturer. The loss represents $3.01 per share, a sharp reversal from a net profit of $1.9 million, or 11 cents

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New York, USA – Bank of America (BofA) has promoted Denis Manelski and Soofian Zuberi to serve as presidents and co-heads of the bank’s global markets division, according to an internal memo obtained by Reuters. The appointments are part of a broader reshuffle in BofA’s sales and trading operations, aimed at capitalizing on 14 consecutive

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New York, USA – Bitcoin, the world’s largest cryptocurrency, is on track to post a monthly loss in October for the first time since 2018, breaking a seven-year streak that had made the month historically favorable for crypto traders. The digital asset is set to record a nearly 5% decline for the month, reflecting broader

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New York, USA – Swedish electric vehicle maker Polestar Automotive Holding UK Plc confirmed on Friday that it had received a notice from Nasdaq regarding potential delisting, after its U.S.-listed shares fell below the exchange’s minimum bid price requirement of $1 per share. Polestar’s shares closed at 84 cents on Friday, reflecting a 20% decline

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New Delhi, India – Indian fintech company Pine Labs has trimmed the size of its upcoming initial public offering (IPO), according to an updated prospectus released Friday. The IPO, now scheduled to run from November 7 to November 11, reduces both the portion offered by existing investors and the number of new shares being issued

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London, UK – New developments regarding UK Finance Minister Rachel Reeves have come to light following a review of emails sent by her husband, a spokesperson for Prime Minister Keir Starmer confirmed on Thursday. The announcement comes after Reeves admitted to making an error on her house rental arrangements, drawing scrutiny from the media and

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Washington, D.C. – The White House is set to announce that Nexperia’s China-based facilities will resume shipments of semiconductors, providing relief to global automakers who had faced potential production halts due to the export disruption. The announcement follows a trade truce reached between U.S. President Donald Trump and Chinese President Xi Jinping during the recent

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Washington, D.C. – U.S. President Donald Trump confirmed on Friday that the United States will not restart trade talks with Canada, following a controversial political advertisement aired by the province of Ontario. The ad, which featured former Republican President Ronald Reagan warning that tariffs could lead to trade wars and job losses, prompted Canadian Prime

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Moscow, Russia – Russia’s manufacturing sector continued to shrink in October, with new orders falling at their fastest rate in three months, according to a survey by S&P Global published Saturday. The Purchasing Managers’ Index (PMI) for the sector dropped to 48.0, down from 48.2 in September, marking the steepest decline since July. Any PMI

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