Tag: Markets
El-Erian Says Cash on Sidelines Is Minimizing Bond Market Losses
Investors are using their massive cash piles to lock in attractive yields in global bond markets, helping to limit losses in the asset...
Boeing faces strike threat as workers vote on new contract
A Boeing 737 MAX aircraft is assembled at the Boeing Renton Factory in Renton, Washington, on June 25, 2024.Jennifer Buchanan | Afp |...
Wholesale prices rose 0.2% in August, in line with expectations
Wholesale prices rose in August about in line with expectations, the final inflation data point as the Federal Reserve gets set to lower...
Ajit Jain, Buffett’s insurance leader for nearly 40 years, dumps more...
Ajit Jain at Berkshire Hathaway's annual meeting in Los Angeles, California. May 1, 2021.Gerard Miller | CNBCAjit Jain, Warren's Buffett's insurance chief and...
Jack Ma-Backed Ant Is Refinancing a Credit Line of $6.5 Billion
Jack Ma-backed Ant Group Co. is refinancing an offshore credit line that will reach $6.5 billion, as it expands its global operations, according...
Asian chip-related stocks rally on renewed AI optimism after Nvidia CEO...
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during an event in Taipei, Taiwan, on Sunday, June 2, 2024. Annabelle Chih...
Struggling Miners Put the Brakes on South Africa’s Stock Rally
South African stocks have their noses in front of emerging-market peers, but glum news from China threatens to weigh on the key mining...
Bahrain Offloads Stake in Key Saudi Oil Pipeline to BlackRock
Bahrain has sold a minority stake in a key oil pipeline that transports crude from Saudi Arabia to BlackRock Inc. as the Gulf’s...
Commerzbank shares jump 19% after UniCredit buys 4.5% stake from the...
A customer enters a Commerzbank AG bank branch in Berlin, Germany, on Tuesday, Aug. 6, 2024.Bloomberg | Bloomberg | Getty ImagesCommerzbank shares jumped...
Indian Pharma Stocks May Get A Fresh Boost From US Bill
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today...