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Category: Economy

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Latest News (18538 articles)

Economy Bloomberg
167d ago
GM Ends Electric Van Output in Latest Setback for Canadian Autos

General Motors Co. is ending production of electric delivery vans at a plant in southern Ontario, dealing another blow to …

General Motors Co. is ending production of electric delivery vans at a plant in southern … High (70%)
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Bloomberg Neutral
Economy Bloomberg
167d ago
Jefferies’ Fund Boasted Perfect Record Before First Brands Crash

The line item in Point Bonita Capital’s April investor letter amounted to the ultimate Wall Street boast: “% of Positive …

Jefferies' Point Bonita Capital boasts a 100% positive months record in its April investor letter, … High (70%)
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Bloomberg Neutral
Economy Bloomberg
168d ago
China Gathers Foreign Firms in Bid to Reassure on Rare Earths

China convened an unusually large meeting with foreign businesses in an effort to reassure them that its new rare earth …

China has convened a large meeting with foreign businesses to reassure them that new rare … Medium (60%)
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Bloomberg Neutral
Economy Bloomberg
168d ago
BNP Paribas Says Sudan Ruling That Hit Stock Is Isolated One

BNP Paribas SA reiterated its view that a recent court ruling, which had led to a stock price plunge, doesn’t …

BNP Paribas SA maintains that a recent court ruling in Sudan is isolated and does … High (70%)
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Bloomberg Neutral
Economy Bloomberg
168d ago
Bessent Confirms ‘Economic Stabilization’ Deal With Argentina

Treasury Secretary Scott Bessent said Tuesday the US government had completed “an economic stabilization” accord with Argentina’s central bank.

The US Treasury Secretary, Scott Bessent, has confirmed a deal with Argentina's central bank for … High (70%)
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Bloomberg Neutral
Economy Bloomberg
168d ago
Bavarian Bidders Cut Bar for Takeover as Investor Clash Deepens

Nordic Capital and Permira lowered the acceptance level of their Bavarian Nordic A/S takeover bid for the second time, stepping …

Nordic Capital and Permira have lowered the acceptance level of their takeover bid for Bavarian … High (70%)
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Bloomberg Neutral
Economy Bloomberg
168d ago
Blackstone and TPG Agree to $18 Billion Deal to Buy Hologic

Blackstone Inc. and TPG Inc. agreed to acquire medical-device maker Hologic Inc. for as much as $18.3 billion, including debt, …

Blackstone and TPG agreed to acquire Hologic for up to $18.3 billion, marking a significant … High (70%)
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Bloomberg Neutral
Economy Bloomberg
168d ago
Vanguard Adds $1.4 Trillion S&P Funds to Investor Proxy Program

Vanguard Group is expanding its proxy voting program — designed to give shareholders a greater say on corporate resolutions at …

Vanguard Group is expanding its proxy voting program to include its oldest S&P index fund, … High (70%)
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Bloomberg Neutral
Economy Bloomberg
168d ago
Upside-Down Market Has EM Currencies Calmer Than Developed Peers

Emerging markets are supposed to be far more volatile than developed ones. But in currencies, that’s been turned upside down …

Emerging market currencies have been less volatile than their developed peers in 2023, defying traditional … High (80%)
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Bloomberg Neutral
Economy Bloomberg
168d ago
Zinc Sees Biggest Squeeze in Decades as LME Inventories Run Dry

The London Metal Exchange zinc market is facing the most severe squeeze in decades as traders rush to get hold …

The London Metal Exchange (LME) zinc market is experiencing its most severe squeeze in decades … High (80%)
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Bloomberg Neutral
Economy Bloomberg
168d ago
GM Raises Outlook on Boost From Truck Sales, Tariff Relief

General Motors Co. raised its full-year outlook and reported third-quarter results that beat Wall Street estimates. The automaker saw better-than-expected …

General Motors Co. raised its full-year outlook due to strong pickup truck sales and relief … High (80%)
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Bloomberg Neutral
Economy Bloomberg
168d ago
New Battery Factory to Boost Power for Pennsylvania Data Centers

Battery manufacturer Eos Energy Enterprises Inc. is developing a $75 million factory that it expects will help power firm Talen …

Eos Energy Enterprises Inc. is investing $75 million in a new battery factory to support … High (70%)
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Bloomberg Neutral

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