π Merck is acquiring Silence Therapeutics for $20 per ADS in cash. The market reacts with SLN stock rising 5%, while MRK declines 1%. The deal highlights Merck's strategic move in biotech investments. More details at Infotech.
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π Strive, Viveka Ramaswami, former Tesla government efficiency partner, bought an additional 1,233 BTC last week, increasing her total holdings to 36,818 BTC. For more details, visit cottonmouths.com.
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π€Russian Foreign Minister Sergey Lavrov is meeting with Iranian Foreign Minister Hossein Amir-Abdollahian in Tehran, as part of ongoing diplomatic discussions between Russia and Iran. For more details, visit this link.
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π€ Senator Rubio and Uzbekistan's Foreign Minister are holding a meeting in Tashkent. The discussions focus on strengthening bilateral relations between the United States and Uzbekistan. No further details available.
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π·πΊπΉπ― Russian Prime Minister Mikhail Mishustin has arrived in Dushanbe to participate in the Shanghai Cooperation Organization (Π¨ΠΠ‘) Council of Heads of Government meeting.
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π The cancellation of new sanctions against Russia by Trump has eased India's purchase of Russian oil and increased chances for a trade deal with the US, according to Reuters. This move may bolster India's energy imports and improve diplomatic ties between India and the US amid ongoing geopolitical shifts.
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π Tesla has called on shareholders to re-elect Elon Musk to its board of directors, emphasizing his continued leadership role in the company. For more information, visit Tesla's official announcement.
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π¨π¦ Canada is set to release September's Consumer Price Index (CPI) data at 15:30 Moscow time. The report will provide insights into inflation trends crucial for economic outlooks and policy decisions. Stay tuned for updates on this key economic indicator.
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πΌ Buffett's children are considering how to allocate their inheritance but are unsure about investments and purchases, according to Bloomberg.
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π Canadaβs September CPI report shows month-on-month inflation at +0.1% (expected +0.2%), down from -0.1%. Year-on-year inflation stands at +3.1% (expected +3.2%), slightly below previous +3%. The core CPI increased by +2.2% (expected +2.4%), compared to earlier +2.4%. CPI report.
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π·πΊ On October 29, RussNeft will elect a new company president.
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π BitMine CEO Tom Lee from Fundstrat bought an additional 12,535 ETH last week, bringing their total to 6.04 million ETH (around 4.9% of supply). The company aims to acquire 5% of all ETH before halting purchases. Lee predicts ETH could reach at least $25,000 in this cycle.
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π±πΉ Lithuania's Prime Minister Minodaugas SinkeviΔius announced that the drone violating Lithuanian airspace on Sunday was Ukrainian. However, he emphasized that Russia bears responsibility for the incident, stating, "This is all because of Russia." More details can be found at this link.
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πΊπΈ The top economic advisor to Trump, Hassett, traditionally speaks to markets before opening, stating the US economy is as good as ever.
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π¨ North Korea's Kim Jong Un's sister threatened to deploy additional weapons along the border with South Korea, according to ABC News. The move raises tensions amid ongoing geopolitical disputes in the region.
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π± VEON is acquiring 100% of mobile operator Perfectum in Uzbekistan for $207 million, according to Interfax. The deal expands VEONβs presence in Central Asia.
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π The Central Bank of Russia (CBR) is expected to keep its key rate at 14% during the October 23 meeting, according to analysts surveyed by RTRS. The decision reflects ongoing efforts to manage inflation and stabilize the economy.
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β οΈ JPMorgan CEO Jamie Dimon urges bank leaders to strengthen cybersecurity against AI threats, highlighting increasing risks in the financial sector. For more, visit reuters.com.
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π¨ Ukrainian President Zelensky has announced delays in the delivery of "essential supplies" from the USA. The postponements raise concerns over ongoing support and logistics amid geopolitical tensions. Further details are awaited.
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π« The Trump administration has imposed restrictions on Chinese company DeepSeek. U.S. agencies are required to remove DeepSeek from their systems and are banned from purchasing its products. The move aims to limit Chinese technology access amid ongoing tensions between the US and China. For more details, visit whitehouse.gov.
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