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10.03.2025 12:44
Germany’s Conservatives, SPD Edge Closer to Coalition Germany’s conservatives and the Social Democrats (SPD) agreed to deepen talks on forming a new government as pressure builds on Chancellor-in-waiting Friedrich Merz to implement reforms. Merz said the parties have agreed to tighten border controls to reduce illegal immigration as well as implement reforms aimed at supporting German industry. Bloomberg’s Chris Reiter breaks down the situation.

10.03.2025 13:00
Odd Lots: Here Comes China’s Booming Biotech Sector (Podcast) You’ve heard about Chinese EVs. You’ve heard about Chinese batteries and solar panels. And recently you learned that China is near the cutting edge of AI research. Here’s another category: biotech. In 2019, the Chinese share of molecules licensed to Big Pharma companies was 0%. In 2024, it’s now 31%. On this episode we speak with Tim Opler, a biotech industry investment banker at Stifel. He explains how this industry has taken off in such a short period of time. Among the factors he cites: a gen

10.03.2025 13:08
Romanian Far-Right Regroups as Frontrunner Barred From Vote Romania’s largest far-right party signaled it may seek an alternative candidate in May’s presidential election after the front-runner it backed was barred from the race, triggering street protests and risking the wrath of the Trump administration.

10.03.2025 13:15
South Korea, U.S. start military drill, North Korea fires missiles South Korea and the United States on Monday began a large-scale annual joint military exercise to strengthen their combined defense capabilities and counter the threat from North Korea, the first such drill since U.S. President Donald Trump took office in January. Hours after the Freedom Shield exercise kicked off, North Korea fired what appeared to be short-range ballistic missiles toward the Yellow Sea, the South Korean military said. The missiles were fired at around 1:50 p.m. from North Hwanghae Province in western North Korea and flew over the country's west coast. Read full story here

10.03.2025 13:45
America Is Not Canada, Says Mark Carney: Victory Speech Mark Carney has won the race to become Canada’s next prime minister, putting the former central banker in charge of the country just as US President Donald Trump’s administration threatens its economic future. “America is not Canada. And Canada never, ever, will be part of America in any way, shape or form,” Carney said in his victory speech on Sunday. “We didn’t ask for this fight, but Canadians are always ready when someone else drops the gloves. So Americans should make no mistake: in trade, as in hockey, Canada will win.” Carney pledged to keep the government’s retaliatory tariffs on US goods until “the Americans show us respect — and make credible, reliable commitments to free and fair trade.” All proceeds from the levies will be used to protect workers, he said. (Source: Bloomberg)

10.03.2025 14:02
‘Harry Potter’ actor Simon Fisher-Becker dead at 63 Actor Simon Fisher-Becker, best known for his roles in “Harry Potter” and “Doctor Who,” has died at age 63. Fisher-Becker’s death was confirmed by his manager, Kim Barry of Jaffrey Management, as well as his husband, Tony. “Today I lost not only a client in Simon Fisher-Becker, but a close personal friend of 15 years...