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Image for IMF sounds alarm about high global public debt, urges countries to build buffers

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IMF sounds alarm about high global public debt, urges countries to build buffers

Image for Honeywell sees aerospace supply chain improvements in electronics for planes

Finance

Honeywell sees aerospace supply chain improvements in electronics for planes

Image for UK's FTSE 100 slips on fiscal worries ahead of GDP data; Burberry shines

Finance

UK's FTSE 100 slips on fiscal worries ahead of GDP data; Burberry shines

Image for US, China still committed to global debt efforts, IMF strategy chief says

Finance

US, China still committed to global debt efforts, IMF strategy chief says

Image for Novo Nordisk signs up to $2.1 billion licensing deal with Omeros in rare disease push

Novo Nordisk signs up to $2.1 billion licensing deal with Omeros in rare disease push

Date: October 15, 2025

(Reuters) -Danish drugmaker Novo Nordisk and Omeros have signed a licensing deal worth up to $2.1 billion for the U.S.-based company's experimental drug, which is being developed for rare blood and...

Image for BlackRock, Nvidia-backed group strikes $40 billion AI data center deal

BlackRock, Nvidia-backed group strikes $40 billion AI data center deal

Date: October 15, 2025

(Reuters) -An investor group, including BlackRock and Nvidia, will buy Aligned Data Centers from Macquarie Asset Management in a deal worth $40 billion, the companies said on Wednesday, as AI...

Image for Austrian court finds former property tycoon Benko guilty of fraud

Austrian court finds former property tycoon Benko guilty of fraud

Date: October 15, 2025

INNSBRUCK, Austria (Reuters) -An Austrian court found former property billionaire Rene Benko guilty of one count of insolvency-related fraud on Wednesday, his first criminal conviction related to the...

Image for Austrian court gives ex-billionaire Benko two years' prison for insolvency fraud

Austrian court gives ex-billionaire Benko two years' prison for insolvency fraud

Date: October 15, 2025

By Francois Murphy INNSBRUCK, Austria (Reuters) -The insolvency-related fraud trial of fallen Austrian property tycoon Rene Benko entered its second day on Wednesday, with a ruling expected in the...

Image for Stellantis' $13 billion investment plan in US wins nod from investors, analysts

Stellantis' $13 billion investment plan in US wins nod from investors, analysts

Date: October 15, 2025

(Reuters) -Stellantis' new $13 billion investment plan in the U.S. marks a key step to countering tariffs imposed by President Donald Trump and to reviving the automakers' sales in its main market,...

Image for ABN Amro warns mortgage, wealth management margins under pressure

ABN Amro warns mortgage, wealth management margins under pressure

Date: October 15, 2025

(Reuters) -Dutch lender ABN Amro warned of pressure on margins at its mortgage and wealth management businesses in an update on Wednesday ahead of its third quarter earnings. The bank also said that...