Business

EU clears Universal Music takeover of Downtown with conditions

Friday, February 13 by SRN News

BRUSSELS, Feb 13 (Reuters) - The European Commission said on Friday it had approved with conditions Universal Music Group's acquisition of Downtown Music. UMG will have to divest Downtown's royalty accounting platform Curve for the $775 million (653.9 million euros) deal to go through, the... Read More.

US equity funds see outflows on rate-cut uncertainty, AI worries

Friday, February 13 by SRN News

Feb 13 (Reuters) - U.S. equity funds recorded outflows in the week to February 11 on worries over AI-related corporate spending and as a stronger jobs report dampened expectations of Federal Reserve rate cuts. Investors exited a net $1.42 billion worth of U.S. equity funds... Read More.

US stock index futures muted, inflation data on tap

Friday, February 13 by SRN News

Feb 13 (Reuters) - U.S. stock index futures were trading flat on Friday after an AI-led selloff, with investors staying on the sidelines ahead of inflation data that could provide more clarity on the Federal Reserve's rate-cut outlook. All the three indexes were headed for... Read More.

Prediction markets love sports, but the feeling isn’t exactly mutual

Friday, February 13 by SRN News

CHICAGO (AP) - Sports have become a big part of prediction markets. So big that even sportsbooks have moved into the business. The rapid growth of sports offerings on prediction markets - called event contracts - has captured the attention of the four major North... Read More.

Exclusive-OPEC+ leans towards resumption in oil output increases from April, sources say

Friday, February 13 by SRN News

By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler MOSCOW/LONDON, Feb 13 (Reuters) - OPEC+ is leaning towards resuming increases to oil output from April, three OPEC+ sources said, as the group prepares for peak summer demand and price strength is bolstered by tensions over U.S.-Iran... Read More.

Morning Bid: Dancing in the dark

Friday, February 13 by SRN News

By Anna Szymanski Feb 13 - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! In this topsy turvy week, we saw a landslide election win in Japan, a... Read More.

Analysis-China biotech licensing boom to hit record in 2026 as pipeline swells

Friday, February 13 by SRN News

By Kane Wu and Andrew Silver HONG KONG/SHANGHAI, Feb 13 (Reuters) - Global drugmakers are stepping up their search for China‑developed experimental medicines as they cut costs ahead of patent expirations, with industry analysts predicting licensing deals will surge to a fresh record this year.... Read More.

Norwegian Air does not plan to use Starlink Wi-Fi, CEO says

Friday, February 13 by SRN News

By Vera Dvorakova Feb 13 (Reuters) - Norwegian Air Shuttle does not plan to bring Starlink's Wi-Fi onto its aircraft for now, as the budget airline offers a paid service from another vendor on its flights, CEO Geir Karlsen told Reuters on Friday. Major airlines like... Read More.

Europe, Asia lead equity fund inflows as US records weekly outflow

Friday, February 13 by SRN News

Feb 13 (Reuters) - European and Asian equity funds drew strong inflows in the week ended February 11 as investors trimmed exposure to U.S. mega-cap stocks on concerns about stretched valuations and rising AI-related spending. Global equity funds marked a fifth straight weekly inflow, at... Read More.

Safran cautious over stepping into Airbus engine dispute with Pratt

Friday, February 13 by SRN News

By Tim Hepher PARIS, Feb 13 (Reuters) - Jet engine maker CFM will do its best to meet any request for additional engines from Airbus this year, over and above agreed quantities, but its priority is to meet its existing supply commitments, Safran CEO Olivier... Read More.

Current Weather

EU clears Universal Music takeover of Downtown with conditions

US equity funds see outflows on rate-cut uncertainty, AI worries

US stock index futures muted, inflation data on tap

Prediction markets love sports, but the feeling isn’t exactly mutual

Exclusive-OPEC+ leans towards resumption in oil output increases from April, sources say

Morning Bid: Dancing in the dark

Analysis-China biotech licensing boom to hit record in 2026 as pipeline swells

Norwegian Air does not plan to use Starlink Wi-Fi, CEO says

Europe, Asia lead equity fund inflows as US records weekly outflow

Safran cautious over stepping into Airbus engine dispute with Pratt

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