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By Valerie Volcovici BAKU, AZERBAIJAN (Reuters) – U.S. President Joe Biden’s administration on Tuesday finalized a methane fee for big oil and gas producers meant to slash emissions of the powerful greenhouse gas, but which is likely to be scrapped by the incoming presidency of Donald Trump. The methane charge…
President-elect Donald Trump has not outlined his policy towards Taiwan.On the campaign trail, he said Taiwan should pay the US for protection.In 2025, Taiwan will have to contend with uncertainty on whether the US will protect it, or play it. On Wednesday, Taiwanese leader Lai Ching-te congratulated Donald Trump on…
Investing.com — Citi Research has raised its target price for Airbus Group SE (EPA:) stock to €184, up from €182. While Airbus is now aiming for the lower end of its 2024 delivery guidance, at 750 aircraft instead of a possible high of 770, Citi analysts see this as a…
Investing.com — Adidas (ETR:) (OTC:) stock may be poised for a near-term outperformance, as per analyst from Baird. Despite maintaining a “neutral” rating on the stock, the analysts have expressed a more optimistic short-term outlook, pointing to several catalysts that could drive upside into the end of the year. These…
Investing.com — The Federal Reserve’s decision to cut interest rates by 50 basis points has sparked a strong movement in the markets, but many wonder what the much-anticipated dovish shift means beyond the near-term reaction. The Fed’s move on Sept. 19 was widely anticipated, with the central bank also promising…
By John Kruzel WASHINGTON (Reuters) – A case involving the vape industry gives the U.S. Supreme Court a chance to further erode the authority of federal regulatory agencies following other major rulings as the justices gird for a new term featuring important business-related questions. The nine-month term, which begins on…
Bank of America double-downgraded Okta, Inc. (NASDAQ:) to Underperform from Buy in a note to clients on Thursday, citing significant near-term headwinds that are expected to overshadow the company’s future growth potential. The bank explains that despite reporting better-than-expected second-quarter results, Okta’s third-quarter current remaining performance obligations (cRPO) guidance of…
Former President Donald Trump will add Robert F. Kennedy Jr. and former Congresswoman Tulsi Gabbard to his transition team, giving two former Democrats prominent perches from which they could help shape the Trump administration.Trump’s decision to add Kennedy and Gabbard, first reported by The New York Times, comes after the…
President Joe Biden may be preparing to take on the conservative-majority Supreme Court head-on, according to a new report by The Washington Post.Biden is planning to announce a proposal to establish term limits and an enforceable ethics code on the high court, the outlet reported, citing people briefed on the…
Donald Trump has long regarded the student loan forgiveness measures rolled out under the Biden administration as a stunt to garner “publicity for the election.” Still, if he’s elected again, Trump is poised to do more than just roll the measures back.At a campaign event in late June, Trump called…
