Author: FX

© Reuters. U.S. President Joe Biden answers a question from a reporter before getting into his vehicle after disembarking from Air Force One at Hancock Field Air National Guard Base in Syracuse, New York, U.S., February 4, 2023. REUTERS/Elizabeth Frantz By Randall Hill, Phil Stewart and Jeff Mason SURFSIDE BEACH, S.C. (Reuters) -A U.S. military fighter jet shot down a suspected Chinese spy balloon off the coast of South Carolina on Saturday, a week after it first entered U.S. airspace and triggered a dramatic — and public — spying saga that worsened Sino-U.S. relations. President Joe Biden said he had…

6381380/iStock Editorial via Getty Images The Biden administration finalized its environmental review of ConocoPhillips’ (NYSE:COP) Willow project on Alaska’s North Slope earlier this week, laying the groundwork for approval next month of what would be the largest U.S. oil development on public lands. But some opponents of the project are quietly encouraging the administration to actually approve it, but in such a scaled-back way that it no longer makes economic sense, Bloomberg reported. ConocoPhillips (COP) had proposed five drilling sites for the project, and the alternative proposed by the U.S. Bureau of Land Management calls for as many as three…

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© Reuters. By David Shepardson (Reuters) -The Federal Aviation Administration and the U.S. National Transportation Safety Board are investigating an aborted landing in Austin, Texas, on Saturday morning by a FedEx (NYSE:) cargo plane that had been set to land on a runway on which a Southwest Airlines (NYSE:) jet was also cleared to depart from, the agencies said. The two planes came close to colliding in an extremely serious safety incident, two sources briefed on the matter told Reuters. The incident occurred in poor visibility conditions in Austin. “Shortly before the FedEx aircraft was due to land, the controller…

Nastassia Samal Life sciences company Danaher Corporation (NYSE:DHR) has expressed interest in acquiring the contract manufacturer Catalent (NYSE:CTLT), Bloomberg reported Saturday, citing people familiar with the matter. According to the sources, the recent moves by the Washington-based company have valued Catalent (CTLT) at a significant premium. It is unclear how Catalent (CTLT) will respond to Danaher’s (DHR) overtures or if it is interested in a takeover offer. A deal between the two companies, which played a key role during the pandemic, is not imminent, the people said, asking for anonymity as the matter remains private. “As a matter of company…

Rostin Behnam, chair of the United States Commodity Futures Trading Commission, or CFTC, has said he will be continuing efforts for the agency to regulate non-security tokens. In remarks released for a Feb. 3 American Bar Association event, Behnam pointed to “bankruptcies, failures, and runs” as part of the justification for Congress to give the CFTC the authority to address regulation for cryptocurrencies. According to the CFTC chair, the commission was “well positioned” to address any regulatory gaps but deferred to U.S. lawmakers to pull the trigger on legislation. Continue Reading on Coin Telegraph Source link

LL28 After seeing a downturn over the last few years due to COVID-19, the orthopedics devices market is set to return to pre-pandemic levels this year. The market is expected to reach ~$50B in 2023, according to analytics firm GlobalData. COVID-19 as well as health insurer reimbursement policies are moving more orthopedics surgeries out of hospitals and into outpatient settings, such as ambulatory surgical centers (ASCs). This could benefit companies such as HCA Healthcare (NYSE:HCA), Community Health Systems (CYH), Universal Health Services (UHS), and Tenet Healthcare (THC) which all operate ambulatory care facilities. Tina Deng, principal medical devices analyst at…

© Reuters. FILE PHOTO: Ukrainian Prime Minister Denys Shmyhal, accompanied by Defence Minister Oleksii Reznikov, speaks during a news briefing, as Russia’s attack on Ukraine continues, in Kyiv, Ukraine November 7, 2022. REUTERS/Murad Sezer ODESA, Ukraine (Reuters) -The Ukrainian port city of Odesa on Saturday restored power to critical infrastructure after a fire broke out at an overloaded substation, leaving nearly 500,000 people without electricity, a top official said. The blaze, which erupted earlier in the day, is a new blow to the country’s ailing energy grid that has been hammered by Russian strikes for months. Officials said repairs could…

plastic_buddha The S&P Materials sector index closed the week +0.03%, and the Materials Select Sector SPDR ETF (XLB) +0.01%. Gold prices slipped in Thursday’s trading as the U.S. dollar rebounded and some investors appeared to take profits after prices touched a nine-month intraday high. It fell further after much stronger than expected U.S. non-farm payrolls data raised fears that the Federal Reserve could keep hiking interest rates. April Comex gold (XAUUSD:CUR) -2.3% to $1,886.60/oz, poised for a sixth loss in seven sessions, and March silver (XAGUSD:CUR) -4.3% to $22.59/oz. Copper prices too fell the most in nearly seven weeks Wednesday…

3/3 © Reuters. A helicopter assists during a wildfire in Santa Juana, near Concepcion, Chile, February 3, 2023. REUTERS/Juan Gonzalez . 2/3 SANTIAGO (Reuters) -Dozens of wildfires blazing though Chile caused the government to extend an emergency order to another region on Saturday, as a scorching summer heatwave complicates efforts to control fires that have claimed at least 22 lives so far.    The emergency order declared by the interior ministry now covers the region of La Araucania, just south of the previously declared regions of Biobio and neighboring Nuble, located near the center of the South American country’s long…