Mixed day for global stocks as market digest huge Netflix deal

World stock markets gave a mixed picture on Friday, with sentiment underpinned by hopes for sustained US central bank rate cuts, but nagging inflationary worries limiting the gains in bourses that advanced.Market optimists now expect the Federal Reserve to cut rates not just this month, but also on several more occasions throughout next year.Such expectations are, however, contingent on tame inflation in the United States.On that front, Friday’s personal consumption expenditures (PCE) price index — the Fed’s preferred gauge of inflation — was less than reassuring, analysts said.The PCE reading, which came in line with forecasts, “should cement a rate cut at next week’s Fed meeting,” said Bret Kenwell, US Investment Analyst at eToro, a trading firm.But, he cautioned, “it continues to point toward a sticky inflation situation.”Optimism on a series of 2026 rate cuts has been mostly based on reports reinforcing the view that the US jobs market is softening.Friday’s PCE report rose to 2.8 percent on an annual basis in September from 2.7 percent in August, a release delayed by the lengthy US government shutdown.US markets largely shrugged off the inflation report. All three major indices in New York finished modestly higher, with the S&P 500 climbing 0.2 percent.- Netflix takeover -Netflix’s takeover of Warner Bros. Discovery, announced before Wall Street’s opening, upstaged other business stories.The $83 billion deal represents the biggest consolidation in the entertainment sector this decade but could, according to analysts, run into regulatory problems because of its size.The deal also sparked opposition on Capitol Hill and in Hollywood, where Variety’s front-page headline read: “Is Netflix Trying to Buy Warner Bros. or Kill It?”Netflix shares finished down around three percent, while Warner Bros. Discovery shares jumped 6.3 percent.Earlier Friday in Asia, Mumbai equities won a boost from a rate cut by the Indian central bank.The rupee, which this week hit a record low against the dollar, rose.On the corporate front in Asia, shares in Chinese group Moore Threads Technology, which makes chips for the artificial intelligence sector, soared more than 500 percent on its market debut in Shanghai after the company raised $1.1 billion in an initial public offering.”This IPO has become a barometer for faith in China’s next-gen AI‑chip ambitions,” said Dilin Wu, research strategist at Pepperstone.In Europe, shares in Swiss Re were down more than six percent at the close after the reinsurance giant’s profit target for 2026 and plans for share buybacks disappointed financial analysts.- Key figures at around 2115 GMT -New York – Dow: UP 0.2 percent at 47,954.99 (close)New York – S&P 500: UP 0.2 percent at 6,870.40 (close)New York – Nasdaq: UP 0.3 percent at 23,578.13 (close)London – FTSE 100: DOWN 0.5 percent at 9,667.01 (close)Paris – CAC 40: DOWN 0.1 percent at 8,114.74 (close)Frankfurt – DAX: UP 0.6 percent at 24,028.14 (close)Tokyo – Nikkei 225: DOWN 1.1 percent at 50,491.87 (close) Hong Kong – Hang Seng Index: UP 0.6 percent at 26,085.08 (close)Shanghai – Composite: UP 0.7 percent at 3,902.81 (close)Euro/dollar: DOWN at $1.1642 from $1.1644 on ThursdayPound/dollar: UP at $1.3329 from $1.3327Dollar/yen: UP at 155.32 yen from 155.10 yenEuro/pound: DOWN at 87.35 pence from 87.37 penceBrent North Sea Crude: UP 0.8 percent at $63.75 per barrelWest Texas Intermediate: UP 0.7 percent at $60.08 per barrelburs-jmb/aha

Mondial-2026: l’Angleterre “confiante” après le tirage au sort, dit Tuchel

Le sélectionneur de l’Angleterre, Thomas Tuchel, s’est dit “confiant” bien que le tirage au sort du Mondial-2026, effectué vendredi, ait mis le Ghana et la Croatie sur la route de son équipe, en plus du Panama, dans le groupe L.”Ça semble toujours difficile, mais nous sommes confiants et nous serons bien préparés quand nous arriverons”, a déclaré le technicien allemand au micro de la BBC depuis Washington.Le calendrier offre aux Anglais deux premiers matches contre la Croatie, vice-championne du monde 2018 et demi-finaliste en 2022, puis le Ghana, l’un des bastions du football africain.”Deux habitués de la Coupe du monde, et deux nations fières et fortes”, a décrit Tuchel. “Je ne connais pas grand-chose au sujet du Panama pour le moment, mais nous allons en savoir plus avant le début du tournoi”, a-t-il poursuivi.L’ancien coach du PSG et de Chelsea se prépare pour sa première grande compétition comme sélectionneur, aux commandes d’une équipe qui attend depuis près de cinquante ans une deuxième étoile mondiale, après le sacre de 1966 à domicile.”Pour ce qui me concerne, ma seule expérience des phases de groupes, c’est en format Ligue des champions, et (mon) approche consistait à lui accorder le plus grand respect et à se concentrer entièrement sur la première place du groupe”, a-t-il expliqué.Le tirage permet aussi aux Anglais de débuter tardivement, le 17 juin, soit six jours après le lancement du tournoi. D’un autre côté, ce calendrier signifie une phase finale plus resserrée en cas de qualification.”On sait maintenant que nous allons entrer tardivement dans le tournoi, ça nous donne un peu plus de temps si les joueurs disputent des finales européennes, ce que j’espère”, a indiqué Tuchel. “Mais nous ne souhaitions aucun scénario particulier, car le calendrier sera plus chargé par la suite.”L’Angleterre, 4e nation au classement Fifa, pourrait affronter le Brésil en quart, puis l’Argentine en demi-finale, si chacune de ces nations tient son rang.

Condamnation de Christophe Gleizes en Algérie: jugement “excessif” et “injuste”, selon Macron

Le président français Emmanuel Macron a jugé vendredi “excessif” et “injuste” le jugement prononcé contre le journaliste français Christophe Gleizes dont la condamnation à sept ans de prison a été confirmée en appel en Algérie.”Je veux ici dire la très grande préoccupation avec laquelle nous avons pris connaissance du jugement, il est excessif et il …

Condamnation de Christophe Gleizes en Algérie: jugement “excessif” et “injuste”, selon Macron Read More »

L’UE inflige une amende de 120 millions d’euros à X, vive réaction américaine

L’UE a infligé vendredi une amende de 120 millions d’euros à X, le réseau social d’Elon Musk, provoquant, comme attendu, une très vive réaction de l’équipe du président américain Donald Trump qui a dénoncé une “censure”.Il s’agit de la première amende imposée à une plateforme dans le cadre du règlement européen sur les services numériques, …

L’UE inflige une amende de 120 millions d’euros à X, vive réaction américaine Read More »

Malgré les pressions américaines, Poutine entend bien continuer à livrer du pétrole à l’Inde

Le président russe Vladimir Poutine a assuré vendredi qu’il continuerait à livrer du pétrole à l’Inde, malgré les sanctions imposées à New Delhi par les États-Unis au motif que ces importations financent la guerre russe en Ukraine.”La Russie est un fournisseur fiable de pétrole, de gaz, de charbon et de tout ce qui est nécessaire …

Malgré les pressions américaines, Poutine entend bien continuer à livrer du pétrole à l’Inde Read More »

L’UE inflige une amende de 120 millions d’euros à X, vive réaction américaine

L’UE a infligé vendredi une amende de 120 millions d’euros à X, le réseau social d’Elon Musk, provoquant, comme attendu, une très vive réaction de l’équipe du président américain Donald Trump qui a dénoncé une “censure”.Il s’agit de la première amende imposée à une plateforme dans le cadre du règlement européen sur les services numériques, …

L’UE inflige une amende de 120 millions d’euros à X, vive réaction américaine Read More »

Le Liban assure ne pas vouloir de guerre avec Israël, après de premières discussions directes

Le Liban ne veut pas d’une nouvelle guerre avec Israël, a assuré vendredi son président, Joseph Aoun, deux jours après de premières discussions directes, depuis plusieurs décennies, entre des représentants des deux pays. Le Hezbollah pro-iranien a de son côté assuré soutenir l’approche diplomatique de Beyrouth “pour faire cesser l’agression” israélienne. Mais il a  qualifié d’”erreur” …

Le Liban assure ne pas vouloir de guerre avec Israël, après de premières discussions directes Read More »

Fighting erupts in DR Congo a day after peace deal signedFri, 05 Dec 2025 20:58:48 GMT

Fresh fighting in eastern DR Congo on Friday forced hundreds to flee across the border into Rwanda, a day after a peace deal was signed in Washington.Thursday’s agreement was meant to stabilise the resource-rich east but it has had little visible effect on the ground so far, in an area plagued by conflict for 30 …

Fighting erupts in DR Congo a day after peace deal signedFri, 05 Dec 2025 20:58:48 GMT Read More »

US Supreme Court to weigh Trump bid to end birthright citizenship

The US Supreme Court agreed on Friday to weigh in on the constitutionality of President Donald Trump’s bid to end birthright citizenship.The conservative-dominated court did not set a date for oral arguments in the blockbuster case but it is likely to be early next year, with a ruling in June.Several lower courts have blocked as unconstitutional Trump’s attempt to put restrictions on the law that states that anyone born on US soil is automatically an American citizen.Trump signed an executive order on his first day in office in January decreeing that children born to parents in the United States illegally or on temporary visas would not automatically become US citizens.Lower courts have ruled the order to be a violation of the 14th Amendment, which states: “All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside.”Trump’s executive order was premised on the idea that anyone in the United States illegally, or on a visa, was not “subject to the jurisdiction” of the country, and therefore excluded from this category.The Supreme Court rejected such a narrow definition in a landmark 1898 case.The Trump administration has also argued that the 14th Amendment, passed in the wake of the Civil War, addresses the rights of former slaves and not the children of undocumented migrants or temporary US visitors.In a brief with the court, Trump’s solicitor general, John Sauer, argued that “the erroneous extension of birthright citizenship to the children of illegal aliens has caused substantial harm to the United States.””Most obviously, it has impaired the United States’ territorial integrity by creating a strong incentive for illegal immigration,” Sauer said.- ‘Blatantly unconstitutional’ -Trump’s executive order had been due to come into effect on February 19, but it was halted after federal judges ruled against the administration in multiple lawsuits.District Judge John Coughenour, who heard the case in Washington state, described the president’s executive order as “blatantly unconstitutional.””I’ve been on the bench for over four decades, I can’t remember another case where the question presented is as clear as this one is,” said Coughenour, who was appointed by a Republican president, Ronald Reagan.Conservatives hold a 6-3 majority on the Supreme Court and three of the justices were appointed by Trump.Cecillia Wang, national legal director of the American Civil Liberties Union, which has spearheaded the legal challenges to the attempt to end birthright citizenship, said she is hopeful the top court will “strike down this harmful order once and for all.””Federal courts around the country have consistently rejected President Trump’s attempts to strip away this core constitutional protection,” Wang said.”Depriving any US-born child of their citizenship would be devastating and profoundly cruel,” she said. “The president’s action goes against a core American right that has been a part of our Constitution for over 150 years.”

‘Sinners’ tops Critics Choice nominations

“Sinners” topped the slate of nominees for the Critics Choice Awards in Los Angeles on Friday, as the movie industry’s awards season starts to take shape.The acclaimed period horror drama, written and directed by Ryan Coogler, received a whopping 17 nods, including one for best picture, giving it early momentum as Hollywood gears up for the Oscars in March.Paul Thomas Anderson’s “One Battle After Another” also solidified its place as a firm awards favorite with 14 nominations, including five for actors, after well-received performances from Leonardo DiCaprio, Benicio del Toro and Sean Penn.Both top films are from Warner Bros., which streamer Netflix said Friday it would buy for $83 billion in the industry deal of the decade.Coming in a respectable third place in the tallies were “Frankenstein” and “Hamnet,” with 11 nods each.Musical juggernaut “Wicked: For Good” earned seven nominations, including best supporting actress for Ariana Grande, but Cynthia Erivo missed out in the best actress category, where Emma Stone secured a nod for her kidnap victim in Yorgos Lanthimos’s quirky “Bugonia.”Dissident Iranian director Jafar Panahi, who said this week that he would return to his home country despite being sentenced to a year in jail, will compete for best foreign language film with his “It Was Just An Accident.” However, the Cannes Palme D’Or winner was left out of the best picture race.Norwegian dramedy “Sentimental Value,” meanwhile, made the best picture list.Last season’s Critics Choice best picture winner “Anora” rode the award to victory at the Oscars, despite snubs at the Golden Globes and the SAG Awards.The annual Critics Choice Awards have a relatively small voting body, but offer an insight into how the industry is thinking.Winners will be announced on January 4.