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In today's big story, we're looking at pharma companies' surging stocks and threatening tech darlings thanks to their weight-loss drugs. And it comes despite only 1% of US adults taking weight-loss drugs, according to Bank of America , which predicts that number could rise to 15% by 2035. Weight-loss drugs are also cutting more than just fat. For Wall Street, meanwhile, the equation is much simpler: Getting more people on weight-loss drugs boosts the economy. The trend, which will be powered by cash-rich mega-cap tech companies, is thanks to strong earnings growth, the bank said.
Persons: , Joe Biden, Donald Trump —, Trump, Zhan, Eli Lilly, Tesla, Hannah Latham, Octavio Jones, Christian Rodriguez, Laura MacPherson, Jenny Chang, Rodriguez, they're, Goldman Sachs, Biden, Barry Sternlicht, Fernando Gutierrez, It's, Elon Musk, TikTok, Pete Ryan, RJ Scaringe, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, pharma, Business, Tesla, Microsoft, JPMorgan, Pfizer, Novo Nordisk, Bank of America, Nvidia, Companies, Fed, Infrastructure Investment, Alpha, Commission, Elon, EV, Nike, Congress, White, Meta, SXSW Locations: China, US, New York, London
Is There Something Radical About Painting Flowers?
  + stars: | 2024-02-28 | by ( Amanda Fortini | ) www.nytimes.com   time to read: +1 min
IN EARLY 2021, Jordan Casteel, the painter known for her tender, exquisitely detailed oil portraits of Black men and other people of color in and around her Harlem community, made two unexpected moves. First, she relocated from New York City to a rural part of the Catskills, a far less populous place where she barely knew anyone. The second move, this one artistic but no less momentous, was that Casteel, 35, began painting pictures of flowers. While mulling over this predicament, she was spending hours tending her garden, a pastime that felt as generative to her as her art. At one point, she says, her husband, the photographer David Schulze, asked, “Why don’t you make a painting of the garden?” She resisted: “Nope.
Persons: Jordan Casteel, Black, Casteel, , David Schulze, Locations: Harlem, New York City
CNN —The record level of migrants arriving at the US-Mexico border loomed over a gathering of governors at the White House this weekend, revealing how the issue has become prominent in states nationwide and across the political spectrum. The National Governors Association holds a gathering of governors at the White House annually to discuss matters affecting their states and other kitchen-table issues. “Everybody realizes that this is a significant problem right now and a challenge,” North Carolina Democratic Gov. White House officials maintain no final decision has been made. Garza and other mayors from across the country met with Biden last month at the White House to discuss the influx of migrants arriving in their cities.
Persons: , Greg Gianforte, , Roy Cooper, Greg Abbott, Joe Biden, ” Biden, Andy Beshear, — Biden, Trump, Spencer Cox, Biden, Doug Burgum, ” Cooper, Phil Murphy, Ramiro Garza, Garza, Abbott, CNN’s Edward, Isaac Dovere Organizations: CNN, National Governors Association, White, ” Montana Republican Gov, ” North Carolina Democratic Gov, Governors, Republican Texas Gov, Democratic, Republicans, Democratic Kentucky Gov, Republican Utah Gov, ” Republican Gov, New, New Jersey Democratic Gov, Republican Locations: Mexico, ” Montana, , North Dakota, New Jersey, America, Edinburg , Texas, United States
President Biden is considering executive action that could prevent people who cross illegally into the United States from claiming asylum, several people with knowledge of the proposal said Wednesday. The move would suspend longtime guarantees that give anyone who steps onto U.S. soil the right to ask for safe haven. The order would put into effect a key policy in a bipartisan bill that Republicans thwarted earlier this month, even though it had some of the most significant border security restrictions Congress has contemplated in years. The action under consideration by the White House would have a similar trigger for blocking asylum to new entrants, the people with knowledge of the proposal say. They spoke on the condition of anonymity to discuss internal deliberations.
Persons: Biden Organizations: Republicans Locations: United States
Sen. Joe Manchin (D-WV) speaks during a "Politics & Eggs" event at the New Hampshire Institute Politics at St. Anselm College on January 12, 2024 in Manchester, New Hampshire. MORGANTOWN, W.Va. — Sen. Joe Manchin, D-W.Va., announced Friday that he is not running for president after spending months mulling a bid that would have shaken up the 2024 campaign. I will not be involved in a presidential run," Manchin said during a speech. In a statement following Manchin's announcement, former Connecticut Sen. Joe Liberman, former North Carolina Gov. Democrats feared a Manchin candidacy would have pulled votes away from President Joe Biden and boost former President Donald Trump, the 2024 Republican frontrunner, in a general election.
Persons: Sen, Joe Manchin, — Sen, Manchin, Connecticut Sen, Joe Liberman, Pat McCrory, Benjamin Chavis Jr, Mitt Romney, Rob Portman, Joe Biden, Donald Trump Organizations: New Hampshire, St, Anselm College, Democracy, White, North Carolina Gov Locations: Manchester , New Hampshire, MORGANTOWN, W.Va, Connecticut, R, Utah, Ohio
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said Monday equities are in a "flop and chop mode" following record highs from the S & P 500 and the Dow . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Jim, Jim Cramer's Organizations: CNBC, Traders, Federal Reserve, Dow, Nvidia, Melius Research, UBS, GE Healthcare
The announcement comes just days after he angered his fellow Republicans by refusing to impeach Homeland Security Secretary Alejandro Mayorkas. A House impeachment vote Tuesday fell just one vote short. Gallagher did not mention the impeachment vote in a statement announcing his retirement, saying only that he doesn't want to grow old in Washington. He spent last year leading a new House committee dedicated to countering China. Gallagher was one of the highest-profile Republicans considering a run for U.S. Senate this year against incumbent Wisconsin Democrat Tammy Baldwin.
Persons: Mike Gallagher, Alejandro Mayorkas, Mayorkas, Biden, Gallagher, Donald Trump, Joe Biden, ” Gallagher, , weren’t, Wisconsin Democrat Tammy Baldwin Organizations: — U.S . Rep, Homeland, GOP, GOP . Wisconsin Republicans, Milwaukee Journal Sentinel, Associated Press, Marine, U.S, Senate, Wisconsin Democrat Locations: MADISON, Wis, U.S, Mexico, Washington, , Washington and Wisconsin, Green Bay, Wisconsin, China, Taiwan
Economists have said Russia's economy is in rapid decline, evidenced by the plunge in the ruble and soaring inflation. Russia's only problem appears to be its worker shortage, Santi says. AdvertisementEconomists are divided over whether Western sanctions have successfully crimped Russia's economy, or if Moscow has managed to sidestep most of the consequences. Russia, for its part, has put up a show of defiance against Western sanctions, with Putin repeatedly emphasizing the resilience of the economy. In January, the Kremlin's budget deficit was five times smaller than it was last year, Russia's finance ministry said on Wednesday.
Persons: , Michael Santi, Santi, Putin Organizations: Service, Business, Gallup, Bloomberg, Carnegie Endowment Locations: Moscow, Ukraine, European, Russia, Switzerland, Armenia, Serbia, Kazakhstan, Europe
Think about that for a second.”Second, Haley is almost certainly right: tariffs can be a regressive tax, borne largely, if not exclusively, by ordinary American workers. The moderate, non-partisan Tax Foundation found that the existing Trump tariffs will bring in a mere $74 billion in revenues over ten years, while costing jobs, lowering growth and depressing American wages. Haley is right. Who is likely to benefit most from any future Trump tax cuts? Haley is right; Trump wins.
Persons: Edward J, McCaffery, Robert C, Donald Trump’s, Nikki Haley, Haley, Trump, Adam Smith, Harris, Smoot, Hawley, Hood, Herbert Hoover, Ronald Reagan Organizations: CNN, Packard, University of Southern, McCaffery, Jobs, South Carolina Republican, Foundation, Tax Foundation, Biden, Trump, Tax, Walmart, Republican, Trump University Locations: University of Southern California, Washington, China
Officials in China are boosting property sector relief measures to blunt the impact of Evergrande's collapse. The new measures are part of a wider series of economy-boosting initiatives, especially in the real estate sector, which constitutes one-quarter of the country's economy. The crisis in the property sector stems from huge debt and overbuilding in the last decade, which has resulted in a liquidity crisis for many property developers, including Evergrande. The company's troubles sent country's property sector into a tailspin starting in 2022 when it defaulted on some of its offshore bonds. China is moving mountains to hold the real estate sector's crisis from pouring into other sectors.
Persons: Organizations: Service, Beijing, China's Ministry of Housing, China Mingsheng Banking Corp, China Securities Journal, Guangzhou, Reuters, Bloomberg Locations: China, Hong Kong, Nanning, Guangxi, Chongqing, Suzhou, Shanghai, restructurings
How each party proceeds in the coming days could significantly alter the trajectory of the Israel-Hamas war and the broader tensions it has sparked in the Middle East. The issues have been the subject of hours of intense Situation Room discussions and high-level talks between the leaders. Already, Biden was coming under pressure to ratchet up the scale of American counterattack. American officials have said they have used backchannels to convey to Iran and its proxies that the attacks on US troops must stop. American officials said they were cautiously optimistic that the talks were moving in the right direction, and that an agreement could soon be in reach.
Persons: Jordan —, , Joe Biden, Benjamin Netanyahu, We’ve, Adam Smith, ” Smith, , Smith, Biden, Sen, Lindsey Graham of, ” Sen, John Cornyn of, Lloyd Austin, Jake Sullivan, Bill Burns, Sunday’s, Burns, Elissa Slotkin Organizations: CNN, Hamas, United, , House Armed Services Committee, Iran, Sunday, “ Target, Defense, CIA, Michigan Democrat Locations: States, Gaza, Israel, France, Washington, Tehran, United States, Iran, Jordan, South Carolina, Iraq, Syria, Lindsey Graham of South Carolina, John Cornyn of Texas, , “ Target Tehran, Paris, Qatar, Egypt, Michigan
Read previewWhen Netflix announced it was mulling a ban on password sharing a few years ago, subscribers immediately balked. For years, Netflix turned a blind eye to password sharing, even winkingly encouraging it on social media. Sorry, the password crackdown workedTo the dismay of the #CancelNetflix-ers, the password reckoning has paid off — handsomely. In the third quarter of 2023, Netflix reported that it added 8.8 million subscribers, vastly exceeding expectations. The fourth quarter numbers yielded even better results: 13.1 million global subscribers for a total of more than 260 million, Business Insider's Lucia Moses reported.
Persons: , Nobody, Netflix's, leeching, Insider's Lucia Moses, That's, Jadrian Wooten, Wooten, What's Organizations: Service, Netflix, Business, Disney, Paramount, Virginia Tech, Virginia Tech News
China's stock market lost more than $6 trillion in valuation from 2021 through last week. The market is confused by Beijing's policy stance on the economy, per Nomura economists. AdvertisementA brutal downcycle in China's stock market has wiped out over $6 trillion in valuations since 2021 — and policymakers in Beijing may be adding to the turmoil. "There has been increasing confusion over Beijing's policy stance on the economy," wrote Nomura economists in a Monday note seen by Business Insider. While China's stock market is still in the dumps, some see opportunities ahead.
Persons: , Bloomberg's, Xi Jinping's, Ji Min Organizations: Bloomberg, Nomura, Service, CSI, People's Bank of China, Business, Economic Work, China Morning Locations: Beijing, China, Hong Kong, Shanghai, Shenzhen
Will My Next Trip Be by Train Instead of Plane?
  + stars: | 2024-01-18 | by ( Paige Mcclanahan | ) www.nytimes.com   time to read: +1 min
Train lovers and travelers concerned about their carbon footprint have a lot to choose from this year — especially in Europe. While some European governments are mulling short-haul flight bans, many passengers are already opting for rail, where new connections are numerous. Nightjet, part of the Austrian federal railway, ÖBB, started running a sleeper train between Berlin and Paris in December, while the French rail operator, S.N.C.F., started overnight service between Paris and Aurillac, in south-central France, the same month. And the Italian rail operator Trenitalia has recently started running a weekly high-speed connection between Rome and the station serving the Pompeii archaeological park. Other new European connections include a sleeper service between Brussels and Prague, coming in late March, and an overnight train between Brussels and Bratislava, Slovakia, expected late this year or early next.
Persons: Trenitalia Organizations: Orient, Accor Locations: Europe, Austrian, ÖBB, Berlin, Paris, Aurillac, France, Vienna, Nice, Rome, Brussels, Prague, Bratislava, Slovakia, Barcelona, Madrid, Milan, Ljubljana, Slovenia, Italy, Palermo, Portofino, Siena
The topic of Donald Trump has dominated dinners and parties at Davos, with many in attendance at the World Economic Forum mulling the former president's potential return to the White House after his resounding Iowa caucus victory. 2024 predictionsJamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Steve Schwarzman, Chairman, CEO & Co-Founder Blackstone Group, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBCBlackstone CEO Stephen Schwarzman expressed another common theme among executives — that both Trump and U.S. President Joe Biden are flawed choices. Marc Benioff, co-founder, chairman and CEO Salesforce, speaking with CNBC's Sara Eisen at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024.
Persons: Donald Trump, Evelyn Hockstein, , I'm, Trump's, Jamie Dimon, JPMorgan, Adam Galici, Jamie Dimon wouldn't, CNBC's, Dimon, Biden, Trump, he's, Steve Schwarzman, Stephen Schwarzman, Joe Biden, Schwarzman, Ben Smith, Smith, Marc Benioff, Salesforce, Bloomberg's Brad Stone, CNBC's Sara Eisen Organizations: Reuters, Switzerland — Global, Washington , D.C, Trump, ., JPMorgan Chase, CNBC, NATO, White, U.S, Capitol, Blackstone Group, CNBC Blackstone, Biden, Wall Street Locations: Des Moines , Iowa, U.S, Reuters DAVOS, Switzerland, Washington ,, Davos, Trade, China, Mexico, United States
His sentence includes a 10-day suspended jail sentence, a mandatory evaluation and a victim impact panel. Rios' sentence is consistent with others for similar offenses, said criminal defense attorney Mark Friese, a long-time practitioner in DUI cases. He noted that Rios' driving privileges will be suspended automatically for 91 days. The House-Senate panel meets between legislative sessions for studies of topics related to law enforcement and the legal system for future or potential legislation. He also previously said he takes responsibility for his “disgusting actions," and apologized “to those I have hurt and disappointed," including law enforcement officers.
Persons: Nico Rios, Rios, Mark Friese, Friese, Mike Lefor, Organizations: N.D, North, Republican, Police, Republican Party, Committee, Representatives Locations: BISMARCK, North Dakota, Williston
US House Speaker Mike Johnson, a Republican from Louisiana, during a news conference at the US Capitol in Washington, DC, US, on Wednesday, Jan. 10, 2024. Under pressure from right-wing members, House Speaker Mike Johnson, R-La., faces stark challenges in keeping the government funded and responding to a potential Senate deal that would toughen immigration laws while providing funding for Ukraine. But passing the spending deal could make it politically more difficult for Johnson to support an emerging bipartisan Senate immigration deal that the right wing of the GOP is turning against. 2 is his position, but he was careful not to reveal specifics of what the House would accept if a Senate immigration deal came together, the sources said. Johnson's allies believe GOP opponents of the spending deal may vote against it but doubt they'll come for his job.
Persons: Mike Johnson, He's, Johnson, Chuck Schumer, Chip Roy, Steve Deace, Schumer, Brian Fitzpatrick, We've, it's, Doug Heye, Heye, Sen, James Lankford of, Marjorie Taylor Greene, Greene, It's, Kevin McCarthy, Johnson's, they'll, Jodey Arrington Organizations: Republican, Ukraine, White, Congress, Republicans, GOP, Fox News, Democrats, United States Congress Locations: Louisiana, Washington , DC, Iowa, Texas, Ukraine, Russia, James Lankford of Oklahoma
U.S. District Judge William Young told a JetBlue lawyer that he expected airline fares would rise if no-frills, ultra-low-cost Spirit no longer was around to "undercut everyone else" and drive down prices. The four largest U.S. carriers - United Airlines (UAL.O), American Airlines (AAL.O), Delta Air Lines (DAL.N) and Southwest Airlines (LUV.N) - control 80% of the domestic market. JetBlue and Spirit combined control about 8%, according to their lawyers. Duffy said allowing JetBlue's, the sixth-largest U.S. airline, and Spirit, the seventh-largest, to merge would result in higher prices and fewer flights once lower-cost Spirit was no longer competing. Reporting by Nate Raymond in Boston; Editing by Will DUnhma, Mark Porter and Alexia GaramfalviOur Standards: The Thomson Reuters Trust Principles.
Persons: Department's, William Young, Young, Edward Duffy, Duffy, Ryan Shores, Joe Biden's, Shores, JetBlue's, Nate Raymond, Will DUnhma, Mark Porter, Alexia Garamfalvi Organizations: BOSTON, ., JetBlue Airways, Spirit Airlines, JetBlue, Justice Department, District of Columbia, Justice, U.S, United Airlines, American Airlines, Delta Air Lines, Southwest Airlines, Spirit, U.S ., Thomson Locations: U.S, Boston, New York City, Newark , New Jersey, Fort Lauderdale , Florida
A view shows signage on a branch of Barclays Bank in London, Britain, March 17, 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsDec 4 (Reuters) - Qatar Holding is looking to sell around 510 million pounds ($643.72 million) of shares in Barclays (BARC.L), one of the banks acting on the deal said on Monday, cutting back on its crisis-era investment in the British bank. The deal is set to price at 141 pence per share, or a discount of about 1.4% to Barclays' closing share price on Monday. The share sale comes as Barclays is striving to revive its share price, which has halved since Qatar first invested in 2008. Qatar has previously cashed in on warrants acquired through the capital injection.
Persons: Peter Nicholls, Pablo Mayo, Juby Babu, Anil D'Silva, Jane Merriman, Josie Kao Organizations: Barclays Bank, REUTERS, Barclays, Qatar, Venkatakrishnan, Reuters, Pablo Mayo Cerqueiro, Thomson Locations: London, Britain, Qatar, British, Germany, Bengaluru
Olympic rings to celebrate the IOC official announcement that Paris won the 2024 Olympic bid are seen in front of the Eiffel Tower at the Trocadero square in Paris, France, September 14, 2017. REUTERS/Christian Hartmann/File Photo Acquire Licensing RightsDec 4 (Reuters) - There is no "plan B" for the opening ceremony of the Paris 2024 Olympic Summer Games, the French sports minister said on Monday, after a man armed with a knife and hammer killed a German tourist and left two people wounded near the Eiffel Tower on Saturday. "We have no plan B, we have a plan in which there are several sub-plans with a certain number of adjustment variables," Amelie Oudea-Castera told France Inter radio. The attack occurred on the Quai de Grenelle - a spot also included in the plans for the opening ceremony. Reporting by Piotr Lipinski and Tassilo Hummel Editing by Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.
Persons: Christian Hartmann, Amelie Oudea, Castera, Jean, Francois Ricard, Pont, Tony Estanguet, Piotr Lipinski, Tassilo Hummel, Bernadette Baum Organizations: IOC, Paris, REUTERS, France Inter, Islamic, Games, Thomson Locations: Paris, France, Islamic State, Grenelle, Chechen, Israel
(Reuters) - There is no "plan B" for the opening ceremony of the Paris 2024 Olympic Summer Games, the French sports minister said on Monday, after a man armed with a knife and hammer killed a German tourist and left two people wounded near the Eiffel Tower on Saturday. "We have no plan B, we have a plan in which there are several sub-plans with a certain number of adjustment variables," Amelie Oudea-Castera told France Inter radio. The 26-year-old suspect, a French national arrested after the attack, had pledged allegiance to Islamic State in a video recorded beforehand, anti-terrorism Prosecutor Jean-Francois Ricard said on Sunday. The attack occurred on the Quai de Grenelle - a spot also included in the plans for the opening ceremony. France has been on high alert since raising its security threshold in October, when a Chechen-origin man with a knife killed a teacher in a school in northern France.
Persons: Amelie Oudea, Castera, Jean, Francois Ricard, Pont, Tony Estanguet, Piotr Lipinski, Tassilo Hummel, Bernadette Baum Organizations: Reuters, Paris, France Inter, Islamic, Games Locations: Islamic State, Grenelle, France, Chechen, Israel
The numbers have prompted AI optimists to predict an economic boom and AI pessimists to worry about a future of fewer jobs. The question isn't how much AI helps out around the office but who it helps — and why. AI, in other words, is raising overall productivity by narrowing the gap between high performers and low performers. Researchers tasked people to write a short story, with and without the help of an AI tool for generating ideas. A few enterprising employers will go all in on hiring job candidates with less experience and boosting their performance with AI.
Persons: I've, optimists, It's, coders, it's, Bolt, it'll, we'll, isn't, We've, there's, Aki Ito Organizations: Software, Management, Law, Business Locations: United States
Even including the sale of Heathrow, this year is the slowest for airport transactions in the past decade, totalling $5.9 billion globally to date, according to Dealogic data. They have hired Mediobanca (MDBI.MI) and Credit Agricole (CAGR.PA) to find a buyer for a sale of their 49% stake in the company, the people said. Heathrow's sale valued the airport at 14.3 times EBITDA, according to JP Morgan analysis published on Wednesday. UK's Esken (ESKN.L), owner of regional Southend Airport, said in June it had started a process for the sale of the airport. On Thursday, Hungary's state-owned Corvinus and Vinci Airports notified the European Commission of a proposed joint takeover of Budapest's airport, according to a document posted on the EU website.
Persons: Andras Kranicz, GIP, Australia's Macquarie, Spain's, Ferrovial, Agata Lyznik, Mediobanca, Gianni, Origoni, Nico Torrisi, Morgan, UK's, France's Vinci, Vinci, Corvinus, Emma, Victoria Farr, Andres Gonzalez, Elisa Anzolin, Joanna Plucinska, Mathieu Rosemain, Anousha Sakoui, Elaine Hardcastle Organizations: LONDON, Heathrow, BNP, Global Infrastructure Partners, AGS Airports, Southampton, Australia's, International, ACI, Airports, Macquarie, Credit Agricole Assurance, 2i, Credit, SAC, Gatwick, Southend Airport, Global Infrastructure Fund, Vinci Airports, European Commission, EU, Thomson Locations: Edinburgh, Italy, FRANKFURT, Spanish, Europe, Aberdeen, Glasgow, Heathrow, France, Hungary's, Budapest's
on trialThe Supreme Court will hear a landmark case this week that could determine the future of the S.E.C.’s in-house enforcement arm and have serious consequences for how other regulators operate. Jarkesy was found guilty in an administrative proceeding overseen by an administrative law judge. But he won a later challenge to that process in federal court, saying that the Seventh Amendment guaranteed the right to a jury trial. Most justices have shown an inclination to limit agency power and this is just one of several cases challenging the power of federal regulators. The Supreme Court is also mulling the future of the Consumer Financial Protection Bureau and whether to overrule a principle that requires judges to defer to agencies’ interpretations of administrative rules.
Persons: Napoleon, , George Jarkesy, Jarkesy Organizations: Disney, Consumer Financial Protection Bureau
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 21, 2023. The pan-European STOXX 600 (.STOXX) rose 0.4% to close out the week with a 0.9% gain as investors focused on corporate earnings and the prospect of rate cuts. Euro zone government bond yields were set to close the week higher as investors balanced recession fears against comments from European Central Bank policymakers pushing against market expectations for rate cuts in 2024. For the week, real estate (.SX86P) shares lagged while media (.SXMP) and retail stocks (.SXRP) were the top performers. Reporting by Ankika Biswas and Bansari Mayur Kamdar in Bengaluru; Editing by Sonia Cheema, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
Persons: Wintershall, they're, Giles Coghlan, Coghlan, Christian Lindner, Germany's DAX, Ankika Biswas, Bansari, Sonia Cheema, Kirsten Donovan Organizations: REUTERS, Staff, BASF, U.S, European Central Bank, Shoppers, Bloomberg News, Abu, Abu Dhabi National Oil Co, Barclays, German, Thomson Locations: Frankfurt, Germany, Europe, Abu Dhabi, Israel, Bengaluru
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