Tag: Concern

Defense Stock Wobble Raises Concern About Stretched Valuations

(Bloomberg) — Shares in defense companies jumped after Russia’s attack on Ukraine. They did again after the Israel-Hamas conflict started. Now another surge driven by Europe’s mission to boost military spending is raising questions over whether they’ve gone too far, too fast. Most Read from Bloomberg The seven biggest European publicly traded makers of military […]

Rudy Giuliani can remain in Florida condo, despite judge’s concern

Rudy Giuliani will be allowed to remain in his Florida condo for now after a New York bankruptcy judge on Thursday declined to rule on a motion filed by his creditors that would’ve forced him to sell the Palm Beach estate. At a hearing, Judge Sean Lane acknowledged the “significant” concern that Giuliani was sinking […]

Trump’s social media platform says it’s above ‘traditional key performance indicators.’ An auditor has substantial doubt it can continue as a going concern

Former President Donald Trump’s social media company is not relying on traditional performance metrics—and doesn’t plan to anytime soon, according to a regulatory filing Monday that also disclosed losses that sent the stock tumbling. While social media giants like Facebook parent Meta typically report numbers such as monthly active users to gauge how much engagement […]

German health ministry says Ozempic exports not a concern

By Ludwig Burger and Andreas Rinke FRANKFURT (Reuters) -Large volumes of diabetes drug Ozempic are not being exported from Germany, its health ministry said on Thursday, quashing a suggestion by its drugs regulator that outbound trade in the drug, coveted for its weight-loss effect, may have to be banned. The head of drugs regulator BfArM, […]

Netanyahu says Israel will enter Rafah despite international concern

The Israeli army will enter the city of Rafah in the south of the Gaza Strip despite international warnings, Prime Minister Benjamin Netanyahu has said. “There is international pressure to prevent us from entering Rafah and completing the work,” Netanyahu told soldiers on Thursday, according to his office. He said he has been rejecting this […]

Netanyahu says Israel will enter Rafah despite international concern

The Israeli army will enter the city of Rafah in the south of the Gaza Strip despite international warnings, Prime Minister Benjamin Netanyahu has said. “There is international pressure to prevent us from entering Rafah and completing the work,” Netanyahu told soldiers on Thursday, according to his office. He said he has been rejecting this […]

Biden to raise concern over Nippon Steel’s deal for U.S. Steel, source says

By Trevor Hunnicutt (Reuters) -U.S. President Joe Biden plans to express concern over Nippon Steel’s proposed $14.9 billion purchase of U.S. Steel, a person familiar with the matter told Reuters, pushing the U.S. company’s stock 12% lower on bets the deal could face greater political opposition. In December, Nippon Steel clinched a deal to buy […]