Author: admin

CASTEL GANDOLFO, Italy (AP) — Pope Leo XIV said Tuesday he was “very disappointed” that his home state of Illinois had approved a law allowing for medically assisted suicide, and he called for greater respect of life.Leo said he had spoken “explicitly” with Gov. JB Pritzker and urged him to not sign the bill into law. Chicago Cardinal Blase Cupich did the same, Leo told reporters as he left his country house in Castel Gandolfo, south of Rome.“We were very clear about the necessity to respect the sacredness of life from the very beginning to the very end, and unfortunately,…

Gold prices rose in European trading on Tuesday, extending gains for a third consecutive day and continuing to smash record levels, as they moved sharply closer to trading above $4,500 per ounce for the first time in history. The rally was driven by strong investment demand for the precious metal and supported by a decline in the US dollar in foreign exchange markets.   These developments come as expectations grow that the Federal Reserve will cut US interest rates twice next year. To reprice those expectations, investors are awaiting later today the release of US economic growth data for the…

Bitcoin fell on Tuesday, ending a brief recovery rally, as traders remained cautious toward cryptocurrencies, while anticipation of key US economic data added to broader risk-off sentiment.   Bitcoin dropped 2.6% to $87,655.0 as of 08:42 AM US Eastern Time (13:42 GMT). The world’s largest cryptocurrency had recovered earlier this week to around the $90,000 level before retreating again on Tuesday.   Broader cryptocurrency prices also pulled back after a short-lived rebound, although losses remained relatively limited amid thin trading volumes due to year-end holidays.   Bitcoin’s recovery stalls ahead of US data   Bitcoin’s recent recovery was partly weighed…

In a new trade move against China’s semiconductor industry, the US Trade Representative Office said it had determined that Beijing’s drive for dominance in the sector is “unreasonable and discriminatory” and poses a direct threat to US commerce.In a formal notice of action filed with the Federal Register, the agency said the US is implementing a tariff action on a wide range of Chinese semiconductors, with an initial rate of 0 per cent. The rate is set to rise in 18 months, on June 23, 2027, to a higher level that will be announced 30 days before the deadline.The investigation,…

Four portfolio stocks have been quiet winners in the fourth quarter. These are not the flashy names that grab all the headlines. Here’s what they need to do to continue their momentum in the new year. BMY mountain 2025-09-30 Bristol Myers since Sept. 30 close Bristol Myers Squibb shares have gained nearly 21% in the fourth quarter. Success in the new year depends on trial readouts for Cobenfy — the schizophrenia drug at the heart of our Bristol Myers investment thesis. While approved for schizophrenia in adults, Cobenfy fell short earlier this year in a trial for using it as an…

ANKARA, Turkey (AP) — A private jet carrying Libya’s military chief and four other people crashed after takeoff from Turkey’s capital, Ankara, on Tuesday, killing everyone on board. The Libyan military chief was in Ankara for high-level defense talks aimed at boosting military cooperation between the two countries and to address regional issues, Turkish officials said. Libyan Prime Minister Abdul-Hamid Dbeibah confirmed the death of Gen. Muhammad Ali Ahmad al-Haddad and the others, saying in a statement on Facebook that the “tragic accident” took place as the Libyan delegation was “returning from an official trip to Ankara.” He called it…

Currently serving as chairman of Swire Pacific, John Swire & Sons (H.K.) and Swire Properties, Bradley will expand his leadership portfolio to encompass the conglomerate’s airline and bottling operations, according to a Swire Pacific announcement on Tuesday.Healy, 59, will step down as executive director of Swire Pacific, chairman of both Cathay Pacific and Swire Coca-Cola, and director of John Swire & Sons effective on May 13, which would coincide with the airline’s annual general meeting.After joining the Swire Group in 1988, Healy held various roles across the conglomerate in the aviation, beverages and industries divisions in Hong Kong, mainland China…

Currently serving as chairman of Swire Pacific, John Swire & Sons (H.K.) and Swire Properties, Bradley will expand his leadership portfolio to encompass the conglomerate’s airline and bottling operations, according to a Swire Pacific announcement on Tuesday.Healy, 59, will step down as executive director of Swire Pacific, chairman of both Cathay Pacific and Swire Coca-Cola, and director of John Swire & Sons effective on May 13, which would coincide with the airline’s annual general meeting.After joining the Swire Group in 1988, Healy held various roles across the conglomerate in the aviation, beverages and industries divisions in Hong Kong, mainland China…

Though it did not come as a surprise, the US’ formal ban on the sale of new drones produced by China marks a “milestone” in the two countries’ strategic competition and technological decoupling, analysts said, with their rivalry continuing across numerous fields despite the temporary trade truce agreed between their leaders in October.Washington’s telecommunications regulator said on Monday that it is adding all foreign producers of drones and critical components – including those made by Shenzhen-based DJI, the world’s largest drone manufacturer – to a list of entities determined to pose “unacceptable risks” to national security.Addition to the Federal Communications…

My top 10 things to watch Tuesday, Dec. 23 1. The S & P 500 is little changed this morning after a strong start to the holiday-shortened trading week. U.S. GDP data, delayed due to the government shutdown, showed that the country’s economy grew much more than expected in the third quarter. The New York Stock Exchange will close early tomorrow on Christmas Eve, and will be closed entirely Thursday on Christmas Day. 2. The fight over Warner Bros. Discovery rages on, but I regard the Larry Ellison-backed Paramount Skydance bid as illusory. Netflix’s financing is much firmer. Paramount ought…