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Category: Economy

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Latest News (22369 articles)

Economy Bloomberg
86d ago
US Retail Sales Unexpectedly Stall in December

US retail sales stalled in December, as the value of retail purchases, unadjusted for inflation, was little changed after a …

US retail sales unexpectedly stalled in December, with a flat reading after a 0.6% gain … High (80%)
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Economy Bloomberg
86d ago
Senegal’s Petrosen Plans Its Own $100 Million Onshore Oil Search

Petrosen, Senegal’s state-owned oil company, plans to conduct its own $100-million exploration campaign this year to discover crude in onshore …

Senegal's state-owned oil company, Petrosen, plans to conduct a $100 million onshore oil exploration campaign … High (80%)
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Economy Bloomberg
86d ago
Marriott Shares Spike on Higher Fees From Branded Credit Cards

Marriott International Inc. shares surged after the company said it expects credit card fees to grow thanks to an increase …

Marriott International Inc. shares have spiked due to an expected increase in credit card fees … High (90%)
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Economy Bloomberg
86d ago
Quebec Pension Fund Halts Deals With DP World Over Epstein Files

Canada’s second-largest pension fund says it’s suspending future investment plans with DP World over alleged ties between the Dubai company’s …

The Quebec Pension Fund has halted future investment plans with DP World due to alleged … High (80%)
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Economy Bloomberg
86d ago
Rajeev Misra Ramps Up Private Equity Bets as SoftBank Scars Fade

Rajeev Misra helped transform SoftBank Group Corp. into one of the world’s largest technology backers before his tenure ended amid …

Rajeev Misra, former SoftBank executive, is increasing his private equity bets after a period of … High (80%)
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Economy Bloomberg
86d ago
US Stock Turnover Tops $1 Trillion a Day Amid Trading Surge

US equity markets are moving more money than ever before, blowing past $1 trillion in shares traded each day as …

US stock turnover has surpassed $1 trillion per day, indicating a significant surge in trading … High (70%)
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Economy Bloomberg
86d ago
US Says Trade Deal With India to Include Concessions on Pulses

India has agreed to phase out duties on a range of agricultural products including ‘certain pulses’ and ‘additional’ farm products, …

The US and India have agreed to a trade deal that includes concessions from India … High (80%)
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Economy Bloomberg
86d ago
Banks Prep £1.2 Billion Debt Package for CVC’s Smiths’ Unit Buy

Banks are preparing to sell a jumbo debt financing backing the carveout of a unit of Smiths Group Plc that …

Banks are preparing to sell a £1.2 billion debt package to support CVC's acquisition of … High (80%)
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Economy Bloomberg
86d ago
UK Grid Operator Says Data Centers Could Hike Energy Prices

Large-scale data centers located in the wrong place or without flexible demand options could hike energy costs, the head of …

The UK's grid operator warns that poorly located or inflexible data centers could lead to … High (80%)
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Economy Bloomberg
86d ago
UBS Strategists Recommend Short on Junk-Rated European Retailers

UBS Group AG credit strategists suggest investors short the bonds of European junk-rated retail names, saying they trade at expensive …

UBS strategists recommend shorting junk-rated European retailers' bonds due to overvaluation, citing unfavorable economic conditions. High (90%)
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Economy Bloomberg
86d ago
World Bank’s IFC Pledges Capital for Global Firms’ India Push

World Bank’s investment arm will help global investors set up India-focused funds, as it increases capital commitments in the country’s …

The World Bank's International Finance Corp (IFC) is increasing its capital commitments in India's private … High (90%)
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Economy Bloomberg
86d ago
US Retail Sales Stall in December

US retail sales unexpectedly stalled in December coming in unchanged. Eight out of 13 retail categories saw decreases during the …

US retail sales remained stagnant in December, with 8 out of 13 categories experiencing declines, … High (80%)
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