USA – Page 9959 – Prologue Journal

Sens. Blackburn, Hagerty and Reps. Steube, Rose endorse Trump for president

Fox News Former President Donald Trump has picked up several more endorsements on Capitol Hill as he seeks re-election in a potential rematch with President Biden. On Monday, the Trump campaign shared Rep. Greg Steube, a Republican from Florida, and several lawmakers from Tennessee, including Sen. Bill Haergy, Reps. John Rose and Diana Harshbarger, all…

Bank Indonesia Maintains Benchmark Rate

Wall Street Journal The Indonesian central bank held its seven-day reverse repo rate steady, as inflation looks set to stay on target and the rupiah is trading relatively strong versus other Asian currencies. https://www.wsj.com/articles/bank-indonesia-maintains-benchmark-rate-as-expected-d34eb747

Air France-KLM Secures ESG-Linked Funding

Wall Street Journal Air France-KLM has signed two revolving credit facilities linked to ESG key performance indicators for a total of €2.2 billion, as the airlines seek to gradually decarbonize their activities. https://www.wsj.com/articles/air-france-klm-signs-esg-linked-facilities-for-2-40-billion-20f0abcb

Entain Confident on Year Ahead

Wall Street Journal Entain reported a 16% rise in net gaming revenue for the first quarter, in line with views, and saw a record levels of active customers, adding it sees continuing momentum across its operation. https://www.wsj.com/articles/entain-1q-net-gaming-revenue-rose-as-customers-at-record-level-update-e44bb756

GSK to Buy Canadian Biotech

Wall Street Journal GSK has reached an agreement to acquire the Canadian late-stage biopharma BELLUS Health for around $2 billion. https://www.wsj.com/articles/gsk-to-acquire-canadian-bellus-health-for-around-2-bln-93ab3fed

Next Support Level for 10-Year Bund Yields Seen Slightly Higher

Wall Street Journal Citi said 2.39% is expected to be the resistance level for 10-year German Bund yields, with the next support at 2.59% and then at 2.80%, with further bearish impetus seen coming from heavy supply. https://www.wsj.com/articles/next-support-level-for-10-year-bund-yields-seen-slightly-higher-7da55ec1

easyJet Sees Full-Year Profit Beating Views

Wall Street Journal easyJet said it expects its profit for the year to be £260 million based on current high levels of demand and strong bookings, and sees capacity hitting prepandemic levels this summer. https://www.wsj.com/articles/easyjet-sees-fy-2023-profit-beating-market-views-after-1h-pretax-loss-narrowed-update-218f3d94

UK Jobless Rate Edges Up, as Pay Growth Stalls

Wall Street Journal The U.K. unemployment rate stood at 3.8% in the December-February period, while average weekly earnings excluding bonuses increased 6.6%, matching the upwardly revised rise in the preceding quarter and suggesting inflation pressures on wages remained strong. https://www.wsj.com/articles/uk-jobless-rate-rose-slightly-in-three-months-to-february-as-pay-growth-stalled-cf815cb8

Tesla Faces a Tougher Road Ahead in China

Wall Street Journal The company hasn’t said why it won’t join the more than 100 exhibitors packing China’s most prestigious industry event. https://www.wsj.com/articles/tesla-faces-a-tougher-road-ahead-in-china-58bd6ce9

U.S. and Other Diplomats in Sudan Are Attacked as Violence Flares

Wall Street Journal Secretary of State Antony Blinken speaks to feuding generals and calls for a cease-fire. https://www.wsj.com/articles/u-s-and-other-diplomats-in-sudan-are-attacked-as-violence-flares-6211c1ae