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Category: Economy

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Economy Bloomberg
64d ago
Venezuela Nixed Sale of Halliburton’s Assets at US Request

Venezuela canceled an auction of assets seized from Halliburton Co. after the Trump administration intervened to stop the sale, as …

Venezuela canceled an auction of Halliburton's assets after the US intervened, indicating a possible thaw … High (80%)
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Economy Bloomberg
64d ago
South Africa Offers Glencore Smelters Cheaper Power to Save Jobs

South Africa has offered Glencore Plc’s ferrochrome smelting venture and Samancor Chrome Ltd.’s operations cheaper electricity in a bid to …

South Africa has offered cheaper electricity to Glencore's ferrochrome smelting venture and Samancor Chrome Ltd. … High (80%)
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Economy Bloomberg
64d ago
S&P 500 Falls as Risk Off Prevails, Block Cuts Spur AI Anxiety

US stocks opened lower as risk-off sentiment swept through markets and fintech Block Inc.’s massive layoffs fanned angst that artificial-intelligence …

The S&P 500 fell as risk-off sentiment dominated markets, driven by concerns over AI's impact … High (90%)
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Economy Bloomberg
64d ago
MFS Creditors Warn of £930 Million Shortfall From Double Pledges

Some creditors of Market Financial Solutions Ltd., the failed UK mortgage firm backed by Wall Street lenders including Barclays Plc, …

Creditors of Market Financial Solutions Ltd. warn of a potential £930 million shortfall in collateral … High (90%)
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Economy Bloomberg
64d ago
India’s GDP Revisions Mean It Will Take Longer to Overtake Japan

Major revisions to India’s gross domestic product data Friday showed it will take longer than expected to surpass Japan as …

India's GDP revisions indicate a slower pace of economic growth, pushing back the timeline for … High (80%)
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Economy Bloomberg
64d ago
South Sudan Risks Returning to ‘Full-Scale’ War, UN Says

South Sudan’s political and military leaders are dismantling a 2018 peace agreement, driving the country toward “full-scale war” and making …

South Sudan is at risk of returning to full-scale war due to the dismantling of … High (90%)
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Economy Bloomberg
64d ago
Why the AI ‘Scare Trade’ Keeps Spooking Markets

Over the past three years, investors have sought exposure to all things artificial intelligence, including high-flying tech stocks behind some …

The market is experiencing a 'scare trade' due to concerns that AI may supplant the … High (80%)
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Economy Bloomberg
64d ago
Sell German Bunds After Best Start in Six Years, Barclays Says

It’s time to go short German government debt, according to strategists at Barclays.

Barclays advises investors to sell German Bunds after their best start in six years, indicating … High (80%)
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Economy Bloomberg
64d ago
Zurich Said to Near Beazley Deal Funded by Equity Sale Next Week

Zurich Insurance Group AG is nearing an agreement to acquire UK specialty insurer Beazley Plc and raise billions of dollars …

Zurich Insurance Group is reportedly near a deal to acquire Beazley Plc, with plans to … High (90%)
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Economy Bloomberg
64d ago
US Producer Prices Climb in January, Pushed Higher by Services

Prices paid to US producers rose in January by more than forecast as the producer price index increased 0.5%, the …

US producer prices rose 0.5% in January, exceeding forecasts, driven by a surge in services, … High (70%)
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Economy Bloomberg
64d ago
BlackRock Private Debt Fund Slumps After Slashing Dividend

A BlackRock Inc. private debt fund sank in early trading after cutting its dividend, as declining rates and losses on …

BlackRock's private debt fund has seen a decline in value following a dividend cut, attributed … High (90%)
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Economy Bloomberg
64d ago
A $40 Billion Copper Boom in Argentina Hinges on Revamped Glacier Law

Javier Milei’s push to unlock billions in mining investment requires easing strict protections that are being defended by environmental groups.

Argentina's mining industry is poised for a potential $40 billion boost if the country revises … High (80%)
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