generic What to watch in the markets: Friday, August 31st
Myles Udland with a lookahead on what will be making headlines on Friday.
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Myles Udland with a lookahead on what will be making headlines on Friday.
A U.S. citizen arrested on drug charges in Moscow amid soaring Russia-U.S. tensions appeared in court on Thursday and had his case adjourned until mid-May. Robert Woodland is facing charges of trafficking large amounts of illegal drugs as part of an organized group — a criminal offense punishable by up to 20 years in prison. In January, the U.S. State Department said it was aware of reports of the recent detention of a U.S. citizen and noted that it “has no greater priority than the safety and security of U.S. citizens overseas,” but refrained from further comment, citing privacy considerations.
The German government and opposition lawmakers assailed the far-right Alternative for Germany for its alleged closeness to Russia and China Thursday after an assistant to a legislator for the party was arrested on suspicion of spying for Beijing. This week's arrest of an aide to European Parliament lawmaker Maximilian Krah cast an unflattering light on the Alternative for Germany, or AfD, which has long faced criticism for Russia-friendly positions.
The Shenzhou 18 crew will replace three taikonauts aboard the Chinese space station who are wrapping up a six-month stay.
A Chinese container ship remains the prime suspect in causing damage last year to a Baltic Sea gas pipeline between NATO members Finland and Estonia, Finnish investigators said Thursday. It has been over six months since substantial, human-made damage that caused a major drop in pressure was first detected in the Balticconnector pipeline in Finnish economic waters on Oct. 8. Finland and Estonia's gas system operators were forced to shut it down, disconnecting a crucial link between the Nordic and Baltic gas markets for several months.
Robert Irwin, the son of the famed "Crocodile Hunter" Steve Irwin, took to X to unveil a newly-discovered species of snail named in his honor.
The US Supreme Court was hearing arguments on Thursday on whether Donald Trump, as a former president, should be immune from criminal prosecution for acts taken while in office.John Sauer, representing Trump, told the court that "without presidential immunity from criminal prosecution there can be no presidency as we know it.
London's stock market reached a new record high but Wall Street and eurozone equities tumbled Thursday as tech shares sank after Meta signalled an AI spending spree and data showed slower US economic growth.- London record - London's benchmark FTSE 100 index bucked the trend as it struck 8,102.14 points, reaching an all-time high for a third session running.
Students in Paris protested again Thursday after police broke up a pro-Palestinian solidarity demonstration the night before at one of France's most prestigious universities.Students at Sciences Po have accused management of calling in police to break up a pro-Palestinian protest by dozens of students gathered on a central Paris campus on Wednesday night.
Henry's finance minister, Patrick Boisvert, will lead as interim prime minister, according to the nation's official gazette. In a letter dated Wednesday but uploaded to social media on Thursday, Henry said his administration had "served the nation in difficult times." Haiti's outgoing government formalized a transition process two weeks ago, a month after Henry announced his resignation while stranded outside the country as alliances of heavily armed gangs threatened to completely take over the capital.
Alphabet stock has gained about 15% this year — but even tech's winners face high expectations from investors this earnings season.
College campuses across the United States braced for fresh protests by pro-Palestinian students Thursday, extending a week of increasingly confrontational standoffs with police, mass arrests and accusations of anti-Semitism.At Emerson College in Boston, local media reported that classes were cancelled Thursday after police clashed with protesters around 2 am, tearing down a pro-Palestinian encampment and arresting 108 people.
Pro-Palestinian protests and encampments are springing up at numerous colleges, leading to arrests and heightened security concerns. Here’s what's happening.
A crew of three astronauts from China's Shenzhou-18 mission took off on a rocket bound for the Tiangong space station Thursday, the latest mission in Beijing's space programme that aims to send astronauts to the Moon by 2030.Beijing also aims to send a crewed mission to the Moon by 2030, and plans to build a base on the lunar surface.
France and the Philippines will begin talks next month on a defense pact that would allow troops from each country to hold exercises in the other’s territory, the French ambassador said Thursday. French and Philippine officials will meet in Paris next month for talks on a visiting forces agreement, French Ambassador to the Philippines Marie Fontanel said. "We will have an opportunity in May to maybe start officially the negotiations or, at least, discuss the modalities,” Fontanel said at a news conference with French Ambassador to the Indo-Pacific Marc Abensour.
New York's highest court on Thursday overturned disgraced Hollywood producer Harvey Weinstein's 2020 conviction on sex crime charges, a shock reversal in the landmark case that launched the #MeToo movement.Bombshell allegations broke against the Academy Award winning producer in 2017, launching the #MeToo movement and paving the way for hundreds of women to fight back against sexual violence in the workplace.
Walgreens is launching new services and consolidating specialty services to compete in the pharmacy benefits management (PBM) space.
The Biden campaign claims the Democratic incumbent will be on the ballot in all 50 states but there are still some technical hiccups to work out.
President Joe Biden’s reelection campaign is making a new digital ad buy in Pennsylvania aimed specifically at targeting Nikki Haley supporters, campaign officials told CNN, marking the latest sign of the Biden team’s growing efforts to try to woo would-be Republican voters who find Donald Trump unacceptable.
Chandra X-Ray Observatory is in trouble. Losing it could set the field back decades.
Intel will report its first quarter earnings after the bell on Thursday, as investors look for signs of growth in the company's AI and foundry segments.