Monday, April 13

Business

Markets rally as UK jobs data suggest interest rate cut in December
Business

Markets rally as UK jobs data suggest interest rate cut in December

Vicky McKeever writes: UK unemployment has risen to its highest level in four years, according to the Office for National Statistics (ONS), with the number of pay rolled employees falling and wage growth slowing ahead of the autumn budget. The rate of UK unemployment was estimated to be at 5% in July to September, up from 4.8% in the previous three month period. This was also its highest level since February 2021 and was ahead of consensus expectations of 4.9%. The estimated number of payrolled employees in the UK fell by 117,000 in the year to September, and declined by 32,000 on the month. An early estimate for payrolled employees in October showed a decline of 180,000 on the year and 32,000 from the previous month. Meanwhile, annual growth in average earnings, excluding bonuses, was 4.6...
Who Pays for the Climate Crisis? Finance Debate Deepens
Business

Who Pays for the Climate Crisis? Finance Debate Deepens

As the world braces for intensifying climate impacts, the question of who pays for the green transition has become one of the most divisive issues in global diplomacy. Climate finance refers to the money public and private used to help countries cut emissions and adapt to climate change through clean energy, resilience projects, and disaster protection. Why It Matters: Without adequate funding, poorer nations will struggle to decarbonize and defend against climate disasters. Under the 1992 U.N. Climate Treaty, richer nations bear greater responsibility since they historically produced most emissions. Climate finance has thus become a test of global trust proof of whether wealthier countries will match rhetoric with resources. Main Disputes: The biggest disagreements center on w...
Zacks Industry Outlook Ares Capital, Hercules and Runway Growth Finance
Business

Zacks Industry Outlook Ares Capital, Hercules and Runway Growth Finance

For Immediate ReleaseChicago, IL – November 11, 2025 – Today, Zacks Equity Research Equity are Ares Capital Corp. ARCC, Hercules Capital, Inc. HTGC and Runway Growth Finance Corp. RWAY.Industry: SBIC & Commercial FinanceLink: https://www.zacks.com/commentary/2788313/3-sbic-commercial-finance-stocks-to-watch-despite-industry-concernsWith interest rates coming down, the Zacks SBIC & Commercial Finance industry is expected to face margin compression and lower investment income as the majority of loans are tied to floating rates. Asset quality remains at risk as prolonged high rates may strain borrowers’ ability to repay. Meanwhile, lower rates are likely to drive demand for personalized financing, aiding investment income to some extent. Demand for refinancing is expected to improve...
Novo Nordisk Shares Pop After Stepping Back From Metsera Chase
Business

Novo Nordisk Shares Pop After Stepping Back From Metsera Chase

This article first appeared on GuruFocus. Novo Nordisk (NYSE:NVO) climbs about 2% on Monday afternoon after it says it will not raise its offer for Metsera (NASDAQ:MTSR), easing a weeks-long takeover tussle. The move followed Pfizer's (NYSE:PFE) prevailing in the bidding for Metsera, with a deal valued at roughly $10 billion and cash consideration around $86 a share, sources said. Investors pushed Novo shares higher in premarket trade as the company stepped back from what had become an intense contest for the obesity-drug developer. The withdrawal removes near-term M&A uncertainty for Novo, which remains focused on its own GLP-1 programmes. Metsera's stock jumped as buyers reacted to the takeover outcome, while Pfizer moves to integrate the biotech's pipeline of obesity a...
INOVIO Reports Third Quarter 2025 Financial Results and Recent Business Highlights
Business

INOVIO Reports Third Quarter 2025 Financial Results and Recent Business Highlights

Completed rolling Biologics License Application (BLA) submission seeking accelerated approval for lead candidate INO-3107; requested priority review Expect to receive file acceptance by year end 2025 with potential PDUFA date in mid-2026 if request for priority review granted Commercial preparations continuing for potential launch in mid-2026 if INO-3107 is approved by FDA Results from Phase 1 proof-of-concept trial evaluating INOVIO's next generation DNA-Encoded Monoclonal Antibody (DMAb™) technology published in Nature Medicine PLYMOUTH MEETING, Pa., Nov. 10, 2025 /PRNewswire/ -- INOVIO (NASDAQ: INO), a biotechnology company focused on developing and commercializing DNA medicines to help treat and protect people from HPV-related diseases, cancer, and infectious diseases, toda...
Financial Planning Guide 2025 – Hawaii Business Magazine
Business

Financial Planning Guide 2025 – Hawaii Business Magazine

Planning for today. Preparing for tomorrow. When it comes to money, most people don’t worry about headlines until they hit home. Rising interest rates, market volatility, inflation—it can all feel overwhelming. But for Chris Lee, principal and financial advisor at Edward Jones, those shifts are simply part of a larger conversation: helping families in Hawai‘i prepare for the future. “It’s easy to get caught up in the rate cuts and economic news,” Lee says. “But what really matters is how these changes affect your personal goals—buying a home, upgrading your family car, saving for retirement, or ensuring you have health care coverage when you need it most.” Hawai‘i’s complex financial picture The economic picture in Hawai‘i is complex. The labor market remains resilient, and equity markets ...
Panel – Food, Finance, and the Future: Investing in Africa’s Agricultural Value Chain for Global Food Security (Invite only)
Business

Panel – Food, Finance, and the Future: Investing in Africa’s Agricultural Value Chain for Global Food Security (Invite only)

This session will convene a select group of investors, sovereign wealth funds, and senior African leaders for a high-level dialogue on opportunities related to investing in Africa’s agriculture and food systems. The conversation will focus on investments and models that deliver strong commercial returns while also driving social impact—advancing food security, job creation, and climate adaptation across the African continent. Through specific examples of successful partnerships and investments, participants will explore how impact funds, large corporates, and family offices (among other players) can partner with African governments, investors, and startups to scale agribusiness and improve Africa’s agricultural value chain, while strengthening regional supply chains and advancing mutually ...
Panel – Specialty Credit and Asset-Based Finance
Business

Panel – Specialty Credit and Asset-Based Finance

Private credit is no longer defined solely by large direct lending platforms. A new wave of specialized managers is carving out opportunities in asset-based finance, structured credit, and niche lending strategies. As banking sector consolidation continues, non-bank lenders are stepping in with tailored solutions that bridge public and private markets while addressing underserved sectors. The line between public and private markets continues to blur as investors seek yield in areas once dominated by traditional institutions. This evolution is driving innovation across asset-backed securities, specialty finance, and middle-market lending, where disciplined underwriting and active portfolio management are key to resilience. As these once-niche strategies move mainstream, investors are rethin...