New drug data makes this French biotech stock a buy, says Jefferies
Analyst Faisal Khurshid upgraded the stock to buy from hold.
Gold losses ease after worst quarter in 13 years as interest rate fears hit bullion
Gold fell further on Wednesday, with bullion continuing its slide after suffering its worst quarter since 2013.
OpenAI, Anthropic backer MGX raises one of the biggest AI funds ever as it closes at $49 billion
The company is a backer of major AI companies including OpenAI and Anthropic, alongside Elon Musk’s xAI, prior to its merger with SpaceX.
Treasury yields rise as Fed Chairman Warsh says ‘prices are too high’
U.S. Treasury yields rose on Wednesday, as investors awaited more data and clues on the Federal Reserve’s monetary policy path.
Europe’s defense boom faces a new test: Can it actually deliver weapons?
Europe’s defense boom faces a test as investors weigh whether budgets and backlogs can become weapons, factories and returns.
Xi touts China Communist Party’s global influence in speech marking 105th anniversary
Chinese President Xi Jinping spoke Wednesday to commemorate the 105th anniversary of the ruling Communist Party of China.
Corruption cases, investibility warnings, fiscal woes: Indonesia continues to test investors
This comes amid a high-profile corruption sentencing and an MSCI warning Indonesia could be downgraded to frontier-market status.
North Sea oil and renewables: The UK’s next PM faces a defining energy policy decision
Andy Burnham could face an early test over North Sea oil drilling as energy shocks revive the UK energy security debate.
KKR to control South Korea’s $1.3 billion renewables platform with SK as AI power demand rises
The announcement came after South Korea announced on Monday three massive investment projects, spanning semiconductors, physical AI and AI data centers.
Andy Burnham’s first big fight could be with Wall Street investors
Andy Burnham’s determination to see greater public control over utilities could set him on a collision course with some big-name U.S. investors.
