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Category: Economy

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Economy Bloomberg
69d ago
Amer Sports Drops as Tepid Outlook Raises Cost Concerns

Amer Sports Inc. shares fell after the company issued a first-quarter outlook that trailed expectations, raising concerns on higher costs …

Amer Sports Inc. shares declined due to a disappointing first-quarter outlook, which raised concerns about … High (90%)
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Economy Bloomberg
69d ago
European Banks Tell ECB That They’re Set to Benefit From AI

A top European Central Bank official said lenders from the region expect to benefit as artificial intelligence shakes up their …

European banks expect to benefit from the integration of artificial intelligence in their business models, … High (90%)
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Economy Bloomberg
69d ago
US Can Sell More T-Bills to Offset Lost Tariff Revenue, BNY Says

The US is likely to issue more short-dated notes to make up for lost revenues after the Supreme Court overturned …

The US is expected to issue more short-dated Treasury bills to offset lost revenue from … High (80%)
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Economy Bloomberg
69d ago
Fire, Power Outage Disrupt Operations at Cape Town Airport

A fire and a power outage disrupted operations at Cape Town International Airport on Tuesday, leading to delays at the …

A fire and power outage at Cape Town International Airport have caused disruptions to operations, … High (70%)
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Economy Bloomberg
69d ago
Old-Economy Stocks Are Looking Pretty Good Right About Now

A basket of capital-intensive stocks is rallying as investors flee AI disruption.

Old-economy stocks are experiencing a rally as investors shift their focus away from AI disruption, … High (80%)
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Economy Bloomberg
69d ago
Tata Defers Vote on Chairman’s New Term, Signaling Power Tussle

The board of Tata Sons Pvt. deferred a decision on granting a third term to Chairman Natarajan Chandrasekaran, people familiar …

Tata Sons Pvt. has deferred a decision on Chairman Natarajan Chandrasekaran's third term, indicating a … High (80%)
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Economy Bloomberg
69d ago
America’s Ube Obsession Is Straining Supplies

Ube has officially gone viral. Purple lattes, cheesecakes and pancakes are increasingly cropping up on dessert menus, but as a …

The growing demand for ube, a purple yam commonly used in desserts, is causing supply … High (70%)
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Economy Bloomberg
69d ago
Meat Snack Maker Archer Gets $100 Million Loan as Demand From Women Grows

Archer Meat Snacks secured a credit facility for nearly $100 million from JPMorgan Chase & Co., allowing it to ramp …

Archer Meat Snacks secured a $100 million loan from JPMorgan Chase to boost production, driven … High (90%)
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Economy Bloomberg
69d ago
Exxon Touts Guyana Growth in Race For Next Decade’s Oil Fields

Exxon Mobil Corp. is betting the economic boom unleashed by its giant discovery in Guyana will give the company an …

Exxon Mobil Corp. is leveraging its success in Guyana to gain an advantage in future … High (80%)
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Economy Bloomberg
69d ago
Ex-TD Bank Trader Nadarajah Banned While Awaiting Spoofing Trial

A former senior trader at Toronto-Dominion Bank and Jefferies Financial Group Inc. was banned from the US financial industry while …

A former TD Bank trader has been banned from the US financial industry while awaiting … High (80%)
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Economy Bloomberg
69d ago
Investors Are Dumping Software Stocks and Earnings Won’t Stop It

Investors have been ditching software stocks for months on fears of disruption from artificial intelligence, and upcoming earnings from the …

Investors are selling software stocks due to AI disruption fears, and upcoming earnings are unlikely … High (90%)
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Economy Bloomberg
69d ago
India’s Jindal Lines Up $1 Billion Loan in Boost for Slow Market

The power unit of one of India’s largest conglomerates Jindal Group is seeking to raise as much as $1 billion …

Jindal Group's power unit is seeking a $1 billion loan to fund overseas expansion, potentially … High (80%)
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